USDJPY Squeezed To 3 Week Highs By Data & Yields

Treasury yields rebounded for the first time in 3 trading days, squeezing USD/JPY higher in the process. US economic reports were stronger than expected but producer prices and jobless claims...

Economic Data Calls for April 12, 2019

Here’s what we are looking for in tomorrow’s economic reports (April 12, 2019) — Good Luck Trading! 1. NZ PMI (18:45 ET) Bearish NZD -- Potential downside surprise given RBNZ...

US Dollar Drives The Major Currency Pairs

An excellent US forex trading session, which was in sharp contrast to earlier in the day, with the US dollar providing some excellent trading opportunities across the majors, with...

After Brexit Delay What Now for GBPUSD?

Market Drivers April 11, 2019 EU agrees to Brexit extension ECB trims forecasts Nikkei 0.11% Dax -0.28% Oil $64/bbl Gold $1304/oz. Europe and Asia: No Data North America: USD US PPI 8:30 A very uneventful session in Asia and...

Economic Data Calls for April 11, 2019

Here’s what we are looking for in tomorrow’s economic reports (April 11, 2019) — Good Luck Trading! 1. US PPI (08:30 ET) Bullish USD -- Potential upside surprise given rise...

All Eyes On ECB

Market Drivers April 10, 2019 UK GDP beats Market waits for Draghi Nikkei -0.53% Dax 0.38% Oil $65/bbl Gold $1304/oz. Europe and Asia: UK GDP 0.2% vs. 0.0% North America: EUR ECB Presser 8:30 USD US CPI 8:30 FX rates...

Could The ECB Help The Euro?

Since the beginning of the year, investors have been consistently selling euros and jumped on every rally to drive the currency lower. As we head into this month's European Central...

Economic Data Calls for April 10, 2019

Here’s what we are looking for in tomorrow’s economic reports (April 10, 2019) — Good Luck Trading! 1. UK Trade Balance & Industrial Production (04:30 ET) Bullish GBP -- Potential...

Don’t Bet on a Bottom Yet in EURO

It's a new trading week and investors are selling US dollars across the board. The greenback traded lower against all of the major currencies and the softer durable goods was...

Is USDJPY Ripe for a Selloff?

Market Drivers April 08, 2019 Yen strongest at the start of the week US 10 year below 2.5% Nikkei -0.021% Dax n/a Oil $63/bbl Gold $1296/oz. Europe and Asia: No Data North America: No data It's been a very...

You’ll Never Understand Trading Unless You Read This

If you’ve run hundreds of backtests over the past few days like I did you come to a startling conclusion. There are no winning trading systems. There are only systems that...

+61%…Black Swan Forex Track Record Year-To-Date Thru March 2019

We are having a good year. We tweaked our analysis framework in late December of 2018 after two poor months of trading, though a decent year. It appears to...