British Pound managed early today to break below support 1.3460 which may activate another drop wave toward 1.3300-20 zone Market may hold Intraday trading levels between 1.3300 and 13460 Above 1.3470 market may head for rebound correction toward 1.3570-90 Below 1.3300 more drop toward 1.3220 will be expected &n...

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 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

Daily Forex Market Preview, 16/05/2018 The markets were trading mixed amid a day that saw weaker economic reports from the Eurozone and a slightly upbeat jobs report from the UK. The U.S. dollar gained strength late in the day as the currency surged on rising yields. The UK’s monthly jobs report showed that real wages were finally starting...

2018-05-16 John Benjamin Read more
Intraday Analysis 15th May 2018

Intraday Analysis 15th May 2018 - Daily Forex Market Preview The markets were seen trading mixed with the U.S. dollar showing signs of easing back on Monday. Economic data was sparse with only the speech by Cleveland Fed President Loretta Mester. Speaking at a conference in Paris, Mester said that the Federal Reserve will most likely maintai...

2018-05-15 John Benjamin Read more
EUR Longs Continue To Decrease

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 60 contracts to take the total position to 120.5k contracts. Despite being only slight in size, this latest positioning adjustment marks the third consecutive week where EUR longs continue to decrease, as investors continue to dial back their ECB tightening ...

2018-05-14 James Harte Read more