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EUR/USDThe broadly weaker euro fell to its lowest level in five months against the safe haven dollar and Japanese yen on Friday before recovering some of these losses late in the session. The drop in...
NZD/USD has been falling sharply recently – in line with the following trade opportunity alert that was generated by Autochartist for this currency pair last Tuesday. When this alert was...
On Friday, the AUD strengthened 0.63% against the USD to close at 0.9397.LME Copper prices declined 0.1% or $4.0/MT to $ 7026.5/MT. Aluminium prices declined 0.5% or $9.0/MT to $ 1958.5/MT.In the...
On Friday, the USD declined 0.23% against the CAD to close at 1.0739.The Canadian Dollar strengthened after the consumer price index on a yearly basis rose at its fastest pace in more than two years....
On Friday, the USD rose 0.06% against the CHF and closed at 0.8981.In the Asian session, at GMT0300, the pair is trading at 0.8981, with the USD trading flat from Friday’s close.The pair is...
On Friday, the USD strengthened 0.23% against the JPY and closed at 101.36.In the Asian session, at GMT0300, the pair is trading at 101.28, with the USD trading 0.08% lower from Friday’s...
On Friday, EUR rose 0.06% against the USD and closed at 1.3531, reversing its initial loses after tensions escalated in Ukraine and Israel. Meanwhile, the common currency continued to remain under...
UK Retail Sales is expected to come in at 0.2% and we’ll be looking for a deviation of 0.5%. Considering that we’ve seen contractions in recent Retail activities in UK, a strong release...
CA Core Retail Sales is a good report to trade out of Canada. With recent tension in the Middle East, a strong release in the CAD could further add to the valuation while a weak release will probably...
UK MPC Meeting Minutes will be the first time for the market to get a glimpse of what took place during the MPC meeting two weeks ago. Today’s minutes could further add to the strength in GBP as...
The AU CPI report today could spark another trend for the AUD. With RBA remaining neutral and the fact that China’s economy is stabilizing, all we need is a decent release for AUD to find...
US Existing Home Sales could be a tradable release depending on the actual deviation. If we do get a strong release, it could mean that the housing market has performed well in the past month, further...
US Core CPI is expected to remain around the 0.2% and as focus of the Fed is only both inflation and employment, a sudden rise in the core inflation could add to the speculation that the Fed may hike...
Fundamental Forecast for Euro: Neutral - The daily sell signals seen in EUR/JPY and EUR/USD on July 11 started to play out bearishly. - EUR/USD faces significant trendline support from the...
We had had a good forecast for last week friday with 6 out of the 7 pairs conforming to our predictions, GBP/USD was the odd one out that moved in our direction and later turned and crossed our...