Brexit Vote Blocked – Is GBP Headed for 1.30?

The worst performing currency today was the British pound, which fell sharply against all of the major currencies. This is a big week for sterling as Prime Minister Theresa May...

EUR/USD and GBP/USD Forecast – 18 March 2019

EUR/USD The Euro rallied a bit during the trading session on Friday but gave back quite a bit of the gains at the 50 day EMA. We ended up forming...

Aussie Leads Recovery As Hopes For Accommodative Fed Knock The Dollar

The Australian dollar hit a two-week high and led a recovery against the U.S. currency on Monday as caution about the U.S. economy and expectations for an accommodative Federal...

GBP/USD Forex Signal – 18 March 2019

Last Thursday's signals were not triggered, as none of the key levels were reached. Today's GBP/USD Signals Risk 0.75% per trade. Trades may only be taken before 5pm London time today. Long Trades --...

USD/JPY and AUD/USD Forecast – 18 March 2019

USD/JPY The US dollar fell during the trading session on Friday, as we continue to see a lot of resistance between ¥111.50 and ¥112. Because of this, I think that...

Economic Data Calls for March 19, 2019

Here’s what we are looking for in tomorrow’s economic reports (March 19, 2019) — Good Luck Trading! 1. RBA Minutes (20:30 ET) No Trade -- We do not trade minutes...

Aussie Pops Stops at .7100 as Risk On Continues

Market Drivers March 18, 2019 Risk holds steady and Aussie pops JPY imports at 2 year low Nikkei 0.55% Dax n/a Oil $58/bbl Gold $1299oz. Europe and Asia: JPY Trade Balance 339Byen vs 310Byen North America: No data It's...

Forex Forecast: Pairs In Focus – 17 March 2019

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...

Trading Support And Resistance – 17 March 2019

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...

What Flip Or Flop Taught Me About FX Trading

I have never owned a house. In fact, in more than half a century of being alive I have never held a deed to anything more valuable than a...

Dollar Stumbles, More Losses Ahead?

The US dollar ended the week lower against all of the major currencies on the back of softer economic data. Instead of improving, the Empire State manufacturing index dropped...

EUR/USD and GBP/USD Forecast – 15 March 2019

EUR/USD The Euro fell hard during the trading session on Thursday, as the 50 day EMA has offered a significant amount of resistance. However, there is massive support underneath so...