forex technical analysis

Daily Forex Market Preview, 13/06/2018 The U.S. dollar was seen strengthening on the day after data showed that consumer prices had increased 0.2% on the month as expected. Core inflation rate increased 0.2%, beating estimates of a 0.1% increase. In the European trading session, the UK's labor market data showed that average earnings inclu...

2018-06-13 John Benjamin Read more
forex technical analysis

Daily Forex Market Preview, 12/06/2018 The U.S. dollar remained mixed across the board as the currency was seen weakening across most of the risk currencies. Economic data was limited for the U.S. dollar. Data from the UK showed that manufacturing production declined 1.4% on the month. This was worse than expected as the economists forecas...

2018-06-12 John Benjamin Read more
intraday technical analysis

Daily Forex Market Preview, 06/06/2018 The U.S. dollar was seen trading mixed on Tuesday. The declines came despite a strong non-manufacturing PMI report from ISM. The ECB President, Mario Draghi was scheduled to speak on Tuesday but the meeting was called off. Meanwhile, the new Italian Prime Minister Giuseppe Conte gave his speech where he ...

2018-06-06 John Benjamin Read more
intraday analysis 5th

Daily Forex Market Preview, 05/06/2018 The U.S. dollar was seen trading broadly weaker across the board on Monday. The decline in the dollar came on rising uncertainty surrounding the U.S. trade policies against its trading partners. On the economic front, data showed that Australian retail sales increased 0.4% on the month. This beat estimat...

2018-06-05 John Benjamin 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
forex intraday technical analysis

Daily Forex Market Preview, 04/06/2018 The U.S. dollar was seen easing back towards Friday's close after a solid performance during the week. The monthly payroll figures showed that the U.S. economy added 223,000 jobs during the month of May, beating estimates by a strong margin. The U.S. unemployment rate also fell to an 18 year low to 3.8%...

2018-06-04 John Benjamin Read more
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
intraday analysis 31 May 2018

Daily Forex Market Preview, 31/05/2018 The U.S. dollar was seen easing back from its strong patch of gains on Wednesday. The softer USD was attributed to the revised GDP estimates for the first quarter. Data showed that the U.S. economy expanded at a slightly slower pace of 2.2% in the first three months of the year. This was slightly weak...

2018-05-31 John Benjamin Read more

Daily Forex Market Preview, 28/05/2018 The markets were seen trading on the back foot on Friday amid an array of rising global political risks. Investors were seen facing risks from the proposed U.S. and North Korea talks that President Trump called off. While in Italy, the newly formed populist government brought a more cautious note to the ma...

2018-05-28 John Benjamin Read more
Intraday Analysis 23rd May 2018

Daily Forex Market Preview, 23/05/2018 The U.S. dollar was seen trading mixed yesterday. Economic data was sparse for the day. The UK’s public sector net borrowing data showed that government borrowing fell to the lowest levels in a decade. The deficit dropped by 1.6 billion GBP on a year over year basis in April to 7.8 billion GBP. Earlie...

2018-05-23 John Benjamin Read more