theresa may brexit

The pound jumped in the early trading hours today after UK Prime Minister Theresa May finally made Brexit breakthroughs as her cabinet agreed an approach to negotiations. A collective position was adopted during a tense Friday meeting; however, tensions still continue to rise following the resignation of Brexit secretary David Davis. In a sta...

2018-07-09 Orbex Read more

As we check out the FX Majors and Dollar Index we see a turn in the dollar! Following the Non-Farm payrolls and the Canada Jobs report as well as other economic releases, where do we stand currently with the FX Majors? [shortcode-variables slug="go2_tradeideas"]

2018-07-09 Orbex Read more

Technical Monthly: We had an impulsive rally from the 2011 low (0.9407) to the 2016 high (of 1.4690). The correction lower found buyers close to the 50% pullback level of 1.2049. Mixed trading for the last 28 months looks to have formed a bullish descending wedge formation. We have broken the formation to the upside. Reverse trend line suppor...

2018-07-04 Ian Coleman Read more

With Trump and Kim meeting this Tuesday, UK Unemployment rate, US CPI, UK CPI, FOMC meeting, ECB meeting, the BOJ monetary policy meeting and so much more this week, what could be in store for the FXMajors? [shortcode-variables slug="go2_tradeideas"]  

2018-06-12 Ian Coleman Read more

In our weekly video Analysis, Ian Coleman will be looking at what is in store for the FX Majors in the coming week! With the RBA monetary policy meeting, and quarterly GDP figures for the AUD, as well as the CAD jobs report, its looking like a busy FX Week Ahead! [shortcode-variables slug="go2_tradeideas"]

2018-06-04 Ian Coleman Read more

Monthly: We had an impulsive rally from the 2011 low (0.9407) to the 2016 high (of 1.4690). The correction lower found buyers close to the 50% pullback level of 1.2049. Mixed trading for the last 27 months looks to have formed a bullish descending wedge formation. Spikes (indecision) can be seen for the last 3 months. Weekly:  The weekly ...

2018-06-05 Ian Coleman Read more
nfp non-farm payroll june

NFP is approaching, and with it, high volatility is most probably going to occur. Technical Patterns and Fundamentals seem to be lining-up or synchronizing for a rather big move. With the ADP Non-Farm Employment Change and the Preliminary GDP falling short of their projected figures, the USD now seems to become vulnerable. Technically s...

2018-05-30 Richard Tataru Read more
FX Majors from the 28.05.2018

As the FX Week gets going, PIA-First breaks down the FX Majors from the 28.05.2018 to analyse what is in store for the currency pairs in the week to come! [shortcode-variables slug="nfpwebinar-all-currencies-affected"] Breaking down the currency pairs, starting first with the Dollar Index, we break down time-frames to look at what formatio...

2018-05-28 Ian Coleman Read more
Starting the week with the FXMajors 14.05.2018

In our weekly analysis, PIA-First will be looking at the FX Majors from the 14th onwards. We saw a stalling in the buying of the dollar index last week. There is scope for a correction lower! Watch our video update to see how other currencies may fare during the coming week.

2018-05-14 Ian Coleman Read more
USDCAD - Limited downside

Monthly: We had an impulsive rally from the 2011 low (0.9407) to the 2016 high (of 1.4690). The correction lower found buyers close to the 50% pullback level of 1.2049. Mixed trading for the last 27 months looks to have formed a bullish descending wedge formation. Weekly:  The weekly chart highlights the wedge more clearly. The sequence f...

2018-05-31 Ian Coleman Read more