Dollar – Real Progress or False Promises?

The US dollar enjoyed strong gains in the first week of February, but even a budget deal in Washington failed to drive it higher. With retail sales falling by the...

USD/CAD – Canadian Dollar Isn’t Anyone’s Sweetheart

The Canadian dollar is feeling unloved on Valentine's Day. The other two currencies in the commodity bloc troika, AUDUSD and NZDUSD have surged in the past few days and...

USD/JPY and AUD/USD Forecast – 14 February 2019

USD/JPY The US dollar continues to shoot straight up against the Japanese yen and basically defy gravity. We are testing the 200 day EMA, which is pictured in black on...

Dollar Holds Firm But How is the US Consumer?

Market Drivers February 15, 2019 China price data shows a decline UK Retail Sales beats Nikkei -1.13% Dax -0.26% Oil $54/bbl Gold $1157/oz. Europe and Asia: CNY CPI 1.7% vs. 1.9% GBP UK Retail Sales 1.2 vs....

Economic Data Calls for Feb 15, 2019

Here’s what we are looking for in tomorrow’s economic reports (Feb 15, 2019) — Good Luck Trading! 1. NZ Business PMI (16:30 ET) Bearish NZD -- Potential downside surprise general...

China Data Fuels Comm Dollar Pop

Market Drivers February 14, 2019 US-China Trade talks may be extended CNY Trade Balance beats Nikkei 0.02% Dax 0.37% Oil $54/bbl Gold $1307/oz. Europe and Asia: CNY Trade Balance $39B vs. 33.5B EUR GE GDP 0.9% vs....

5 Reasons for EURO’s Decline

President Trump has finally given investors a good reason to buy US dollars. After months of confrontational language, he's softening his tone on trade and getting close to signing a...

Chart Of The Week: FX Majors Update

Here's an update on FX Majors (currency pairs). This video includes education on: Key levels to watch for resumption of prior trends Interpreting RSI Power Zones when price is trading...

Economic Data Calls for Feb 14, 2019

Here’s what we are looking for in tomorrow’s economic reports (Feb 14, 2019) — Good Luck Trading! 1. Chinese Trade Balance (00:00 ET) No Trade -- Chinese data is very...

NZD – What to Expect from RBNZ

US equities raced higher today leading to an improvement in risk appetite that lifted all of the major currencies. USD/JPY held onto its gains but the strongest rallies were seen...

Economic Data calls for Feb 12, 2019

Here’s what we are looking for in tomorrow’s economic reports (Feb 12, 2019) — Good Luck Trading! 1. RBNZ Rate decision (20:00 ET) No Trade -- RBNZ likely to be...

NZD/USD Forex Signal – 12 February 2019

Yesterday's signals were not triggered, as none of the key levels have been reached. Today's NZD/USD Signals Risk 0.75%. Trades must be entered between 8am New York time Tuesday and 5pm Tokyo...