Forex Opinion & Analysis

UK CPI y/y release could provide some directional guidance for the sterling as recent China devaluation has caused uncertainty in its trading pattern. If we get a stronger release, GBP should gain as...

UK Retail Sales is expected to come in at 0.2% and we’ll be looking for a minimum deviation of about 0.5%. I would recommend taking a trade only if we get our tradable deviation and do not try...

US Core CPI is expected to rise to around the 0.2% and with the Fed inching towards the next expected hike schedule, any surprises today should cause plenty of market price action…8:30am (NY...

Cable traders will be well aware of the resistance at the 1.5671 mark that has proved tough to break and once again we find ourselves testing it. Will it finally give way this time? For the last month...

Talking Points:EUR/GBP Technical Strategy: Flat Support: 0.7060, 0.6930, 0.6863 Resistance: 0.7141, 0.7206, 0.7271 The euro corrected lower after taking out a falling trend line capping gains since...

Talking Points:USD/CAD Technical Strategy: Flat Support: 1.2956, 1.2798, 1.2670 Resistance: 1.3109, 1.3207, 1.3366 The US dollar is treading water near the 1.30 figure having corrected downward...

Talking Points:AUD/USD Technical Strategy: Flat Support: 0.7219, 0.7084, 0.6974 Resistance:0.7438, 0.7577, 0.7689 The Australian dollar is treading water having recoiled upward after dipping to a...

Good morning. Hope all is well! We have had a good forecast for Friday with an 86% accuracy on our predictions. Both Japanese yen and US dollar had gathered a little steam, but in very small amounts....

Key Fundamental Forex Events for the Week of August 10th through August 14th The following table lists the key economic data and other events that came out during the week of August 10th through...

As we spoke about in this morning’s Daily Market Update, AUD/JPY is hanging precariously on for dear life after breaking major weekly trend line support.AUD/JPY Weekly: As you can see on the...

Your DAY’S Trading Inspiration: We begin what is expected to be a range-bound week across the majors with news that Australia’s Jason Day has clinched his first major, taking out the PGA...

EUR/JPY buy the dips down to 137. The hourly trend is up. Original post

GBP/USD will spur new buys with a break above 1.57. Will not touch it otherwise. The hourly trend is up.GBP/USD (hourly) Original post

Although on a break, I was working on completing an updated book on Fractal Forecasting. Therefore, I was watching the market and was quite perturbed by the development. It took me a great deal of...