2018

ECB President Mario Draghi on the Mic at 13:15 PM GMT, in his home country. The speech is not supposed to focus on any monetary policy indications, therefore, market participants would most likely remain on their current bias when it…
Read More

Technical Monthly: Potential reverse head & shoulders as prices trade within the monthly ichimoku cloud. $1300 continues to act as strong support. A clear break of $1370 is required to confirm the formation. Weekly:  A…
Read More

Daily Forex Market Preview - Intraday Analysis 11th May 2018 The British pound felt the heat yesterday as the BoE left interest rates unchanged. However, the losses were limited with the currency pair seen consolidating near the same…
Read More

The Eurozone Q1 GDP rises slower than expected during the first three months of the year, as widely expected. Official data released last week by the European statistics agency, Eurostat showed that the Eurozone economy advanced 0.4% in the…
Read More

Daily Forex Market Preview, 10/05/2018 The U.S. dollar was seen maintaining the gains from the earlier part of the week. Investors digested news of the U.S. pulling out of the Iran nuclear deal with oil prices continuing to rise to fresh…
Read More

Daily Forex Market Preview, 10/05/2018 The U.S. dollar was seen maintaining the gains from the earlier part of the week. Investors digested news of the U.S. pulling out of the Iran nuclear deal with oil prices continuing to rise to fresh…
Read More

Daily Forex Market Preview, 10/05/2018 The U.S. dollar was seen maintaining the gains from the earlier part of the week. Investors digested news of the U.S. pulling out of the Iran nuclear deal with oil prices continuing to rise to fresh…
Read More

Summary: Officials leave the short term rates at 1.50% - 1.75% Federal Reserve on track to hike rates at the June FOMC meeting Officials willing to tolerate inflation overshoot beyond 2% Further rates hikes for the rest of the…
Read More

Yesterday’s price action posted a doji style candle highlighting indecision. Bespoke resistance is now located at 1.1990. With reverse trend line resistance seen at 1.2014, and the 23.6% Fibonacci level located at 1.1979 (from…
Read More

As the US dollar rally enters its 4th consecutive week – the longest series of uninterrupted advances since September – the following question needs to be asked? Can the strengthening of the USD continue without any technical breakdown in…
Read More