This Wednesday can be crucial for SP500 index

Every trader, even not very advanced, knows that there are two important events on the economic calendar that require special attention because they have...

Will GOLD shine again ? The FED week.

The second quarter of this year was not kind to Gold. After setting a peak at $2070/oz in March, the price fell to $1680/oz...

21st of June Bank of Japan rate decision – Will the threat of inflation...

On Thursday 21st July, the economic calendar two important events are likely to trigger increased volatility on the EUR and JPY currency pairs. Early...

USDCAD – a possible downward correction

The pair Canadian dollar with the US dollar (USD/CAD) has been moving in a slightly upward channel for several months. Last Friday, the price...

GBPJPG – bearish outside bar and divergence can initiate declines

The pair of the pound with the Japanese yen (GBP/JPY) since the beginning of March moved in a strong uptrend (+1700p) interrupted by one...

AUDNZD – commodity currency pair returns to trendline

When analysing the foreign exchange market, we see some informal yet frequent classifications. One of the most common is the classification by trading volume,...

EUR/GBP – rates up pound down, but time for a correction.

Last Thursday the BoE raised interest rates by 25bp and set them at 1%. Given that interest rates in the Eurozone are still negative...

A week of central banks and monetary decisions in Australia, the US and the...

It promises to be an interesting week. Starting Tuesday and ending Friday the economic calendar is filled with important macroeconomic events. Australia, USA, UK...

CHFJPY – breaking out from an inside bar could herald more declines

Last week, or more precisely 19.04, the exchange rate of the pair of Swiss franc to Japanese yen reached the level of 136.20 setting...

Commodity currencies on an upward wave – AUD is doing well

Commodity prices have been at levels not seen for a long time. The beneficiaries of these high prices are countries for which exports of...

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