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AUDUSD Forex Technical Analysis (2016.06.10)

AUDUSD Forex Technical Analysis - The AUD/USD posted a potentially bearish closing price reversal top on Thursday after briefly testing a major retracement. Friday’s subsequent...

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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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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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US Nonfarm Payrolls

US Nonfarm Payrolls - It's NFP day today - the market will naturally focus on today's nonfarm payroll figure. After yesterday's astonishing spot-on ADP report - the first time I...

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Weekly Forex Update

Weekly Forex Update - Last week, the minutes of the Federal Open Market Committee’s (FOMC) recent monetary policy meeting indicated that most of the policymakers were ready to...

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U.S. dollar

U.S. dollar - The U.S. dollar rose to almost one-month highs against other major currencies after stronger than expected economic reports on Friday, easing concerns over the...

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GBPUSD consolidates near support at 1.4425

GBPUSD consolidates near support at 1.4425 - The British pound remains range bound with prices going nowhere for the 4th consecutive day. Meanwhile, EURUSD slipped back into the...

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Latest Forex Analysis (2016.05.05)

Latest Forex Analysis - Economic data from the US yesterday was broadly positive helping to strengthen the US dollar, but the markets pulled back towards the end of the day. Ahead...

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