As is usual for Monday, data events are few and price action is subdued. Ahead we have Factory Orders from Germany, CPI from Switzerland, and House Price Index from the UK – none of which are expected to have any notable impact. Start your week with my prepared most recent currency update below...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 19th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, AUDUSD and NZDUSD...
Canada’s Unemployment rate for April reported no change from March’s at 7.1 percent, despite estimates that the unemployment rate would increase to 7.2 percent. The labor force participation rate fell by 0.1 percentage points to 65.8 compared to the previous month...
RBA: Further Rate Cut is Likely – Goldman Sachs Research Team at Goldman Sachs, notes that the RBA cut the cash rate by 25bps to a record low of 1.75% at its May meeting, on the 1 year anniversary of its last rate cut...
Today is a bank holiday in the UK which means volumes are expected to be very light. The London session is light on economic data too. Start your week with the currency update below...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 18th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD and AUDUSD...
Anticipation is building ahead of Thursday’s BOJ meeting result, with the JPY weakening sharply this past week in anticipation...
There is no trade call for the London session. Start your week with my prepared currency update below. Currency Update USD: CPI for March slightly missed estimates with Core dropping to 2.2% y/y from a prior of 2.3% and for the month, missing estimates at 0.1% versus 0.2% expected...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 17th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD and AUDUSD...
Markets reversed sharply on Thursday, with the dollar ending higher and oil prices giving up big early gains, as global investors grapple with the prospect that the Federal Reserve could raise interest rates sooner than expected. A drop in U.S...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 16th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, GBPUSD and AUDUSD...
USD/CHF recently rose sharply breaking through the resistance level 0.9650, which was set as the buy target in our previous forecast for this currency pair. The breakout of the resistance level 0...
fter falling out of the limelight the past few trading sessions, the focus will turn again on the euro as the European Central Bank meets on Thursday and important sentiment surveys are due on Tuesday and Friday...
Last week, COSMOS4U Ad MACD Indicator, triggered successful buy-sell-buy signals for GBPUSD currency pair 1st buy @ 1.40661: http://www.cosmos4u.com/index.php/forex/gbpusd/gbpusd-buy-signal-08-apr-2016-04-00-am-utc-from-cosmos4u-customized-macd-indicator-timeframe-h1 2nd sell @ 1...
We are bullish and look for support near the 0.7475 range lows to underpin a move higher. Our initial targets are at the 0.7725 recent highs. Beyond there we look for a move towards our greater targets in the 0.7880 area (Barclays, eFXnews...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 15th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD and GBPUSD...
A series of dovish comments and the FOMC statement have reduced the forecasted number of rate hikes by the U.S. Federal Reserve in 2016 which in turn have weekend the U.S. currency against majors...
EURUSD has forced those with a bearish conviction to reconsider their outlook in recent weeks. The single currency is now up a healthy 570 pips since the March 10th ECB low at 1.0820 and a massive 880 pips since the December 3rd, 2015 ECB low at 1.0515...