USD/JPY and AUD/USD Forecast – 04 September 2018

USD/JPY The US dollar pulled back initially during trading on Monday but found support underneath the ¥111 level to cause a hammer. The market is consolidating in a huge symmetrical...

USD/CAD 240-Min View…Whacked, But Maybe S/T Short Setup?

CAD getting whacked as we know. BOC adding to woes. But, an equality target extension today...short-term short? Hmm...

PBC backs yuan stability

Photo: VCG China's central bank governor on Tuesday offered reassurance about yuan stability while vowing a continuation of market-oriented foreign exchange reforms. There have been market fears about the yuan's rapid...

VantagePoint Forex Weekly Outlook for the Week of February 11th, 2019

Let’s look at the charts for the U.S. Dollar and the major pairs. Forex and the U.S. Dollar The U.S. Dollar Index is the backbone of forex trading. In addition, the...

AUD/USD Forex Signal – 11 October 2018

Yesterday's signals were not triggered, as none of the key levels were ever reached. Today's AUD/USD Signals Risk 0.75%. Trades must be taken from 8amNew York time until 5pmT okyo time, over...

GBP/USD Jumps 1% – Is 1.32 Next?

It has been a week of good news in the financial markets and the record breaking levels in U.S. stocks tell us that investors are pleased with the recent...

FX Starts the Week in a Chop

Market Drivers August 27, 2018 IFo beats UK on holiday Nikkei 0.88% Dax 0.56% Oil $68/bbl Gold $1203/oz. Bitcoin $6700 Europe and Asia: EUR EZ IFO 103.8 vs. 101.9 North America No Data It's been a quiet, choppy start of...

USD/JPY and AUD/USD Forecast – 18 July 2018

USD/JPY The US dollar rallied against the Japanese yen again during trading on Tuesday, breaking the top of the shooting star from the previous session. As we approached the ¥113...

Iran Reassures Control Over Foreign Currency Market

Relative stability along with reinforcing the national currency has calmed the market, wrote Abdolnaser Hemmati on his Instagram page. He stressed the good condition of the country’s current foreign exchange...

EUR/USD and GBP/USD Forecast – 18 October 2018

EUR/USD The Euro fell during the trading session on Wednesday, slamming into the 1.15 handle. The market has recently seen a lot of support in this area and extending down...

Economic Data Calls for 7/24/18

by Kathy Lien Here’s what we are looking for in tomorrow’s economic reports (Jul 24, 2018) — Good Luck Trading! 1. GE and EZ PMI’s (3:30 and 4:00 NY Time) --...

Why Euro Seems Destined to Fall

Market Drivers October 8, 2018 EUR, GBP AUD all tumble Brexit, Italy continue to weigh Nikkei -0.80% Dax -0.67% Oil $73/bbl Gold $1194/oz. Bitcoin $6600 Europe and Asia: No Data North America No Data The market started jittery and only...