EURUSD Daily Analysis EURUSD (1.133): EURUSD has reversed its previous losses and remains trading at Monday’s open near 1.13359. Further upside is likely if support is found near 1.130 and the previous minor resistance high at 1...
While the pound is the center of attention ahead of the Brexit vote and the euro will follow the lead, also the safe haven yen has its role...
US New Home Sales indicator is released monthly, and provides analysts with important data the health and direction of the housing sector. A higher reading than the market prediction is bullish for the dollar. Here are all the details, and 5 possible outcomes for USD/JPY...
The volume of retail sales advanced 0.9% in May, as expected, but on top of an upwards revision worth 0.2% for April. Core sales beat by jumping 1.3%, and also here, it comes on top of an upwards revision of 0.2%. USD/CAD slips under 1.2750. The low so far is 1...
'Remain' odds are falling at the bookies, cable not following There's a high correlation between cable and the odds of a 'remain' vote over the past week. However the odds have fallen in the past few hours and GBP/USD hasn't reacted...
While most of the Brexit focus is on the pound, the euro gets carried away with Brexit talk and the yen is a safe haven currency...
With the referendum vote over the UK’s future membership of the EU being held on Thursday, traders are preparing for the possibility that the UK electorate will vote to leave the EU...
GBPUSD GBPUSD is trading higher in front of the Brexit vote. This move up is close to completing a five wave structure from blue wave B lows. For now we still expect a minor pullback in red wave 4) and a push up in red wave 5 to around 1.4840 area...
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Retracing the declines this week The USDJPY has traded to new session highs in the last 20 or so minutes and also gets close to retracing the falls from yesterday (into today). The highs from yesterday at 104.79 and 104.836 (also the high from Friday at 104...
S Crude Oil Inventories measures the change in the number of crude barrels held in inventory. The report is published each week. A reading which is higher than the market forecast is bullish for USD/CAD. Here are all the details, and 5 possible outcomes for USD/CAD...
EURUSD Daily Analysis URUSD (1.133): EURUSD closed bearish following the up gap on Monday as prices failed to break above the resistance near 1.140 – 1.1380. The ranging price action is likely to continue in the near term with the downside to 1.1294 – 1...
The pound is not alone in its reactions to the British EU Referendum. After all, it’s the EU and the euro-zone at stake here...
Trading strategies on the EU Referendum are piling up. Here is a totally different approach: not to trade it at all. Here is their view, courtesy of eFXnews: Overnight risk sentiment improved...
