All Blogs

To add a new post, please log in or register
FXCM and DailyFX are happy to announce our $10,000 Monthly Challenge winners for the month of February. Learn more about the contest here! Continue Reading...
Analytics & Forecasts
  • 20
Seth Dompreh, 25 March 2016, 16:03
Bid tone around USD strengthened following an upbeat US Q4 GDP report, pushing the GBP/USD pair lower near its daily lows. Strong figure, consumption revised higher The final Q4 GDP print has been revised higher to 1...
Analytics & Forecasts
  • 30
Seth Dompreh, 25 March 2016, 16:00
The common currency remained unchanged after the release of US GDP figures, with EUR/USD testing the 1.1160 region...
Analytics & Forecasts
  • 27
Seth Dompreh, 25 March 2016, 15:56
The greenback is posting marginal losses vs. its Canadian peer at the end of the week, with USD/CADmeandering around 1.3240. USD/CAD unchanged on US data Spot has barely reacted to the auspicious results from the US GDP figures, showing the economy has expanded 1...
Analytics & Forecasts
  • 26
Seth Dompreh, 25 March 2016, 15:52
USD/JPY remains comatose just above 113.00 levels despite upward revision of US Q4 GDP as volumes remain thin on account of trading holiday. Weekly gain is a done deal At 113.08, the pair is trading well above this week’s opening price of 111.54 levels...
Analytics & Forecasts
  • 27
Seth Dompreh, 25 March 2016, 15:49
EUR/GBP is trading below 0.79 handle after having clocked a 12-month high of 0.7946 levels on Thursday...
Analytics & Forecasts
  • 29
Seth Dompreh, 25 March 2016, 15:47
The Aussie dollar has faded part of the initial spike to session highs near 0.7530 vs. the greenback, promptingAUD/USD to slip back to the 0.7520/15 band. AUD/USD lower post-US data The pair could not sustain the bullish attempt near 0...
Analytics & Forecasts
  • 17
Seth Dompreh, 25 March 2016, 15:44
Fresh signs of weakness in oil prices helped theUSD/CAD pair snap 9-week losing streak, with prices aiming to end at 1.3240 levels. Rejected at 1.3296 Pair’s corrective rally failed to cut the pair above 1.33 levels as oil managed to take back losses on Thursday...
Analytics & Forecasts
  • 20
Seth Dompreh, 25 March 2016, 15:41
The US Dollar has rallied all week long, but this morning’s batch of mixed economic data has the greenback backing up into the long holiday weekend. Continue Reading...
Analytics & Forecasts
  • 23
Seth Dompreh, 25 March 2016, 15:37
AUDUSD is correcting off key resistance with the pullback to offer favorable long entries. Here are the updated targets & invalidation levels that matter. Continue Reading...
Analytics & Forecasts
  • 22
Seth Dompreh, 25 March 2016, 15:31
Triangle identified at 25-Mar-04:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.114 within the next 3 days. Supporting Indicators : Downward sloping Moving Average Resistance Levels : ( B ) 1.1183Last resistance turning point of...
Charts
  • 84
Lahcene Ouled Moussa, 25 March 2016, 15:01
EURUSD has traded significantly away from interest rate differentials – reason enough to take a deeper dive into what drives the euro...
Analytics & Forecasts
  • 59
  • 1
Vasilii Apostolidi, 25 March 2016, 13:49
Guilherme Marone, Strategist at Deutsche Bank, suggests that the likelihood of a presidential impeachment increased considerably in Brazil after the political developments of last week...
Analytics & Forecasts
  • 37
  • 1
Vasilii Apostolidi, 25 March 2016, 13:24
US Q4 GDP Likely to be Unchanged at 1.0% - BBH Research Team at BBH, suggests that although US markets are closed, the government will report another revision of Q4 GDP and the consensus looks it to be unchanged at 1.0...
Market News
  • 41
  • 1
Roberto Jacobs, 25 March 2016, 13:23
Fed and BoJ Won’t Rock the Boat Near Term - SocGen Research Team at Societe Generale, suggests that the USD/JPY remain essentially driven by the expectations surrounding monetary policy in the US and Japan...
Market News
  • 66
  • 1
Roberto Jacobs, 25 March 2016, 13:20 #Fed
JPY: Disappointing CPI Data - BBH Research Team at BBH, notes that the Japan's CPI data disappointed and that disappointment keeps open the possibility that the BOJ takes additional measures as early as next month. Key Quotes “The headline February CPI came in a 0.3% as expected...
Market News
  • 81
  • 1
Roberto Jacobs, 25 March 2016, 13:17
Right now EURUSD is being traded about levels of 1.1150/80, and it is clearly consolidating and waiting for a strong signal either Bullish towards the previous high formed by the breakout of the previous bullish flag/pennant at 1.1342 and break it to form a new high around the levels of 1...
Analytics & Forecasts
  • 36
  • 1
Mazen Hesham, 25 March 2016, 13:16
EUR/USD Unmotivated Near 1.1170, USD GDP Eyed The selling pressure around the single currency remains intact at the end of the week, with EUR/USD hovering over the comfort zone around 1.1160/70...
Analytics & Forecasts
  • 39
  • 1
Roberto Jacobs, 25 March 2016, 13:15
US GDP Preview: What to Expect of EUR/USD? The EUR/USD pair has recovered from daily lows, but remains restricted to a 40-pip range of 1.1150-1.1190 levels ahead of the final US Q4 GDP release. At the time of writing, the pair was trading around 1...
Analytics & Forecasts
  • 36
  • 1
Roberto Jacobs, 25 March 2016, 13:13
Technical Analysis of NZD/USD for March 25, 2016 Overview: The NZD/USD pair broke the resistance that turned into strong support at the level of 0.6665. The level of 0.6665 is expected to act as major support today...