technical analysis

In order to maximise gains and reduce losses, traders typically turn to fundamental, technical and sentiment analysis. While fundamental analysis tells traders about intrinsic market values, technical analysis relies on past performance of a financial instrument. The third branch, sentiment analysis, is used to determine the general attitude of ...

2018-05-31 Orbex Read more

The Federal Reserve is widely expected to raise interest rates by 25 bps in today’s meeting. Markets are fixated on whether the central forecasts of FOMC members will shift towards signalling 4 rate hikes this year from the current forecast of three rate hikes. Their views on growth and inflation will also be of relevance. 3 or 4? Those wh...

2018-03-28 Ashraf Laidi Read more
Canada_rates_1910_BOC

Despite the lack of fundamentals during the Asian and the European sessions today, volatility seems to be picking up at the European session opening bell. The US Dollar is broadly lower across the board, leading safe haven assets higher, including Gold, Silver, Japanese Yen, and the Swiss Franc. Yet, there is a lot more to come today ahead of ...

2017-08-18 Nour Eldeen Al-Hammoury Read more
Australia_Unemployment data

New Zealand CPI Misses but Bulls Remain Firm New Zealand CPI for Q2 came in weaker than expected at 1.7%, dropping from 2.2% previously. Weaker petrol prices were the main drag though there was also broad-based weakness indicating that inflation pressures in the housing market are yet to spread elsewhere. Breaking down the data Headline...

2017-07-26 James Harte Read more
COT Report_Sterling

This data refers to the period ending Tuesday, July 11th. EURUSD Non-Commercials increased their net long positions in the Euro last week buying a further 6k contracts to take the total position to 84k contracts. This marks the third consecutive week of increased long positioning in the Euro as investors adjust their exposure to reflect an...

2017-07-18 James Harte Read more
forex fundamental analysis

Fundamental analysis in forex is one of the ways to analyze the currency markets. As the name suggests, fundamental analysis is completely different to technical analysis. While technical analysis deals with price and historical price behavior, fundamental analysis focuses on the factors that are driving the prices in the market. Fundamental a...

2018-06-28 John Benjamin Read more
Dollar rallies_Currency wars

Summary: US dollar likely to wait for more clues from the FOMC next week Support at 95.50 – 95.75 likely to be tested ahead of further upside FOMC, BoJ will be the key events to watch next week Market outlook on the US dollar turns bullish with the probability of a Fed rate hike increasing for December The US dollar touched a ...

2016-07-22 John Benjamin Read more
USD

The US dollar index has been trading flat since the Monday after Brexit weekend. Range bound within 96.55 and 95.95 price action has stalled after the strong rally off the lows near 93.32. In our previous outlook on the US dollar, we noted that 95.0 - 94.75 support could make for an ideal opportunity in dollar long positions. While we maintain t...

2016-07-15 John Benjamin Read more
BoJ_Yen

Market headlines Japanese yen weakens after Abe pledges fiscal stimulus The S&P500 hit an all-time high yesterday as US earnings season starts UK Conservative party leader Theresa May to be sworn in as Britain’s Prime Minister on Wednesday EU cuts Eurozone & UK GDP forecasts for 2017 Today’s Economic events UK B...

2016-07-12 John Benjamin Read more
US Dollar bill

The US dollar was one of the beneficiaries following the initial Brexit turmoil which saw the greenback gaining on safe haven flows. While we await the latest institutional position which will be released later this evening from the CFTC, the positioning after the Brexit outcome will be an interesting read, considering that rumors have surfaced ...

2016-07-01 John Benjamin Read more