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

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

USDJPY managed last week to hit target 110.40-80 zone Market managed to hit above 110.80 which may activate farther advance to test Short-Run resistance zone at 111.80 - 112.20 zone Market facing support at 110.70 and 110.00 where as long as market holding trades above 110.00 more advance toward 111.80 will be on hand Below 110.00 more ...

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
JPY Crashes As Q1 GDP Underwhelms

Weakness in Q1 As we have seen across many developed economies this year, Q1 growth in Japan was disappointing, printing -0.6% year over year and -0.2% quarter on quarter. Marking a contraction for the first time on over two years, and ending the longest run of Japanese GDP growth in 28 years, this is clearly a major blow to the BOJ who have be...

2018-05-17 James Harte 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
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