Daily Forex Market Preview, 20/07/2018 The U.S. dollar was trading mixed on Thursday. After initially posting strong gains, the greenback eased towards the close of the day. Economic data showed that UK's retail sales fell 0.5% on the month missing estimates of a 0.1% increase. In the U.S., the Philly Fed manufacturing index rose to 25.7 on the...

2018-07-20 John Benjamin Read more
Forex analysis 19th of July

Daily Forex Market Preview, 19/07/2018 Data from the UK saw the release of the inflation figures. Consumer prices in the UK were seen rising at a slower than expected pace of 2.4%. The median forecasts expected a print of 2.6%. Core inflation was also seen slowing, rising at a pace of 1.9%. In the Eurozone, headline inflation increased by 2....

2018-07-19 John Benjamin Read more
Forex analysis 18th of July

Daily Forex Market Preview, 18/07/2018 The U.S. dollar was seen posting strong gains on Tuesday. The rebound came amid the U.S. industrial production rising 0.6% on the month. The Fed Chair Powell started his two-day testimony to the U.S. Congress. In his testimony, the Fed Chair maintained the hawkish rhetoric that the central bank should cont...

2018-07-18 John Benjamin Read more
markets vulnerable

In this episode, Richard is following up on the previously posted “Bullish Patterns on Gold – EUR Stronger – Investors looking at YEN” article, and continuing the views he share during the “The World Cup NFP! – LIVE” webinar. Richard is also backing his volatility spike theory, previously posted with the “Trade War Sentiment – Volatility Spik...

2018-07-17 Richard Tataru Read more
forex intraday analysis 17th july

Daily Forex Market Preview, 17/07/2018 The U.S. dollar was seen trading mixed on Monday. Economic data was supportive of the greenback. The U.S. retail sales report showed that headline retail sales increased 0.5% on the month while core retail sales rose 0.4%. The U.S. Empire State Manufacturing index was seen rising to 22.6 on the index, u...

2018-07-17 John Benjamin Read more
fx cot update brexit

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 12k contracts to take the total position to 24k contracts. The record EUR long position that built up over Q1 in anticipation of ECB monetary policy tightening has now been slashed by around 80% as the market adjusts to the ECB’s shifting stance. While the...

2018-07-16 James Harte Read more

As we advised last week and as we see over our previous chart USDJPY managed to break above Short-Run resistance 111.40 last week which trigger fast advanced on market we still looking toward our second scenario after the break where target around 113.30-70 zone The pair beeing on the overbought seems not holding the advance while zone ...

2018-07-16 رامي أبو دراع Read more

Video analysis for the FX Majors and the Dollar Index. Starting with the dollar index PIA-First will be breaking down the time-frames, highlighting what we will be looking at for the week ahead! [shortcode-variables slug="act_tradeideas"]

2018-07-16 Ian Coleman Read more
forex analysis

Daily Forex Market Preview, 16/07/2018 The U.S. dollar was seen posting gains on Friday as price action remained strong toward the close of the week. The economic data was quiet for the most part. Switzerland's PPI figures released earlier in the day showed a 0.2% increase on the month as expected. The U.S. import prices fell 0.4% missing es...

2018-07-16 John Benjamin Read more

USDJPY managed to break above Short-Run resistance 111.40 this week which trigger fast advanced on market we still looking toward our second scenario after the break where target around 113.30-70 zone The pair beeing on the overbought seems not holding the advance while zone of 113.30-70 may set a drop correction toward 111.90 Above 113...

2018-07-13 رامي أبو دراع Read more