Currency commentary – Trump Weakens the Dollar
The US dollar is still by far the weakest currency in the G10, losing -0.5% against the EUR and -0.8% against the JPY. This...
Morning Options: EUR/CHF – CALL, SILVER – CALL
On H4 graph EUR/CHF moves very dynamically. Recently, there has been a breakdown of resistance level set by three earlier highs. In general, nothing is...
Ascending Triangle on CADJPY
Looking on weekly chart we will notice that CADJPY has been moving for a long time in a broad consolidation. As a result of...
Analysis For Newbies: AUDUSD – Trend Change?
AUDUSD is in a short-term bullish trend, where highs and lows are set on higher levels. As we can see on H4 chart below,...
Euro Stoxx 50 Index, DAX30, CAC40 – a Breakthrough on German Index
The current technical situation on these indexes looks extremely interesting and promises us interesting returns in the week just started.
Last week ended with a...
EURCAD – rebound from the support area. The end of correction?
After January 20th when EURCAD reached 1.6100 (5 years high), dynamic rebound occurred. Falls lasted 3 days and finished at 1.5245 level which is...
Weekly Market Review – EURUSD, USDJPY, AUDUSD, USDCHF
EURUSD
According to my previous projections for almost the entire week the market was moving quietly up to form what seemed like a correction of...
USDJPY – Flag in an Uptrend
Vertical upward movement on the USDJPY, which lasted from early November stopped in mid-December. The graph created a flag formation, which suggests that growth...
Yen Strengthens on North Korea Missile Launch – EURUSD, GBPUSD, USDJPY
Daily Forex Market Preview, 29/08/2017
The US dollar was seen weakening once again on Monday. The dollar fell against the euro as investors bid up...
Wages, Prices and Brexit a Strong Mix
MPC to leave rates unchanged
The only part of today’s MPC meeting that is certain is that rates will be unchanged. However, whether the vote...