GBPUSD – Data Better, but Brexit Weighs Across the Board

Market Drivers October 16, 2018 UK Wages grow fastest since 2009 EU - Brexit deal harder than expected Nikkei 1.25% Dax 0.2% Oil $71/bbl Gold $1229/oz. Bitcoin $6730 Europe and Asia: GBP UK Wages 2.7% vs. 2.6% GBP...

Economic Data Calls for 10/16/18

Here’s what we are looking for in tomorrow’s economic reports (Oct 16, 2018) — Good Luck Trading! 1. NZ CPI (17:45 NY Time) Bearish NZD -- Potential for downside surprise...

VantagePoint Forex Weekly Outlook for October 15th, 2018

Forex Weekly Outlook for October 15th, 2018 The Forex Weekly Outlook is designed to help traders remain aware of correlations in the global markets. Traders can become more profitable if...

USD/JPY Forex Signal – 15 October 2018

Last Thursday's signals were not triggered, as the bearish price action took place above 112.41. Today's USD/JPY Signals Risk 0.75%. Trades must be entered from 8am New York time to 5pm Tokyo...

Trading Support and Resistance – 14 October 2018

This week we'll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the...

EUR/USD and GBP/USD Forecast – 15 October 2018

EUR/USD The Euro initially tried to rally on Friday but then rolled over to show signs of negativity. The 1.15 level underneath is very supportive, as we have recently formed...

USD/JPY and AUD/USD Forecast – 15 October 2018

USD/JPY The US dollar has gone back and forth during the day on Friday just as we did on Thursday, showing signs of support at the ¥112 level. If we...

Forex Forecast: Pairs in Focus – 14 October 2018

The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact...

Three Reasons Why US Dollar is Garbage Today

Market Drivers October 15, 2018 Risk off flows push USDJPY towards 111.50 Brexit talks stall Nikkei -1.87% Dax -0.05% Oil $71/bbl Gold $1231/oz. Bitcoin $6700 Europe and Asia: No Data North America USD Retail Sales 8:30 Dollar took a beating...

Dollar pares losses as equity sell-off eases

The dollar crept up on Friday, reflecting investor confidence in the U.S. economy, despite criticism by President Donald Trump of the Federal Reserve and a sell-off in U.S. equities. The...

Are USD/JPY & EUR/USD Poised for More Losses?

In 2 trading days, the Dow Jones Industrial Average lost more than 1,300 points and the S&P500 fell over 5%. The last time there was a decline of this magnitude...

USD/JPY and AUD/USD Forecast – 12 October 2018

USD/JPY The US dollar initially tried to rally against the Japanese yen during the day on Thursday but found enough resistance to turn things around and form a bit of...
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