Forex Market Analysis and GBP/CAD

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UK Industrial Production, RBNZ OCR Decision,China CPI (2016.06.08)

UK Industrial Production, RBNZ OCR Decision,China CPI - The day starts out with the industrial production data from the UK. German IP, released yesterday, was slightly better...

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Important Forex news (2016.06.07)

Important Forex news - In the space of a week we’ve moved from a strong momentum for a June interest rate increase from the FOMC to Yellen hitting the final nail into the...

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German IP, Japan GDP, Japan & China Trade Data (2016.06.07)

German IP, Japan GDP, Japan & China Trade Data - While German industrial production is expected to have rebounded in April, I'm not sure that's significant any more, given...

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Doji on EURUSD, Gold signals a correction (2016.06.07)

Doji on EURUSD, Gold signals a correction - The US dollar was muted to Yellen’s speech in Philadelphia yesterday, but the doji candlesticks on EURUSD and Gold signal a near...

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Daily Technical Strategies (2016.06.06)

Daily Technical Strategies - FTSE 100 (NYSE Liffe) (M6) Intraday: key resistance at 6245.00.Pivot: 6245.00Our preference: short positions below 6245.00 with targets @...

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Weekly Currency Report (2016.06.06)

Weekly Currency Report - The highlights of the week was the US unemployment and nonfarm payrolls data and the European Central Bank’s (ECB) interest rate...

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Important Indicators and Events (2016.06.06)

Important Indicators and Events - This week is bound to be quieter than last week was:  no ECB meeting, no OPEC meeting, no nonfarm payrolls, and the members of the Federal Open...

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US Dollar Could Make A Pullback In The Near-Term (2016.06.06)

US Dollar Could Make A Pullback In The Near-Term - The dollar fell sharply on Friday following the weak jobs report for May, but as the markets opened today, there is evidence...

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NFP Report (2016.06.03)

NFP Report - The European Central Bank (ECB) as expected did not change its interest rate or made any modifications to its quantitative easing program. ECB president Mario Draghi...

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