Daily Forex Market Preview, 22/05/2018 In today's The U.S. dollar continued to strengthen on Monday. The gains came as the markets opened to the weekend news reports about the U.S. Treasury Secretary announcing that the U.S. had put on hold its trade war against China. Both administrations are expected to chalk out a mutually beneficial deal wh...

2018-05-22 John Benjamin Read more

Euro managed to sustain drop wave after breaking below 1.1900 where market managed early this week to hit target 1.1700-20 zone as we advised early at the start of this month Short-Run still showing support at 1.1560 zone while reistance laying at 1.1820 and 1.2000-20 zone As long as market holding daily close below 1.1820-30 the downtrend...

2018-05-21 رامي أبو دراع Read more
JPY Positioning Turns Net Long Again

EURUSD Non-Commercials reduced their net long positions in the Euro last week, selling 5k contracts to take the total position to 115k contracts. EUR upside has now been net sold for each week over the last month as the market reacts to a downturn in eurozone economic data and a more cautious tone by the ECB subsequently. Speaking at the ba...

2018-05-21 James Harte Read more
Crucial USD Decision

In the newest episode of Surfing the Waves, Richard Tataru is following up on his previously posted views and the way the Market unfolded its swings, specifically addressing the Crucial USD Decision. Richard then steams ahead, continuing the analysis with a fresh update. [shortcode-variables slug="applyrichardsta"]  

2018-05-21 Richard Tataru Read more
Weekly Analysis of the FX Majors 21.05.18

In this Weekly Analysis of the FX Majors 21.05.18 from PIA-First we are looking into the Dollar Index and the FX Majors. Highlighting support and resistance levels and where PIA-First things the currencies will be heading this week. [shortcode-variables slug="go2_tradeideas"]  

2018-05-21 Ian Coleman Read more
Intraday Analysis 21st May 2018

Daily Forex Market Preview, 21/05/2018 The U.S. dollar continued to maintain gains on the day on Friday and marks a strong close to the week. The gains come amid higher bond yields and mounting expectations of a rate hike from the Fed in the coming months in the Intraday Analysis 21st May 2018. On the economic front, data on Friday saw the r...

2018-05-21 John Benjamin Read more
Intraday Analysis 18th May 2018

Daily Forex Market Preview, 18/05/2018 The U.S. dollar was seen maintaining steady ground on Thursday. Economic data for the day saw the release of the weekly unemployment claims which rose higher than expected to 222k. The Philly Fed manufacturing index post strong gains, rising to 34.4 beating estimates of 21.1. The euro currency continued...

2018-05-18 John Benjamin Read more
Patterns at decisive levels

The charts are showing, from a technical analysis standpoint with patterns at decisive levels, that the Dollar Index (DXY) could be heading towards significant levels. USD has been enjoying an impressive bullish rally for an entire month, a swing which was mentioned and explained in the “Is The USD Getting Stronger?” article. Is it time for ...

2018-05-17 Richard Tataru Read more
Intraday Analysis 17th May 2018

Intraday Analysis 17th May 2018 - Daily Forex Market Preview The U.S. dollar continued to remain strong across its peers on Wednesday. Economic data showed that the consumer prices in the Eurozone came out as expected. Headline inflation was seen rising 1.2% while core inflation rate was registered at 0.7%, marking a slower increase in core CPI...

2018-05-17 John Benjamin Read more
EUR Dives on Weak Q1 GDP Estimate

EURUSD traded sharply lower over Tuesday this week as the latest growth data added weight to the view that the eurozone’s economic recovery is moderating. The flash GDP estimate for the first quarter came in at 0.4% quarter on quarter and just 2.5% year on year, marking a sharp decline from the prior reading of 2.8% year on year in the last quar...

2018-05-16 James Harte Read more