We didn't break the resistance this week

At the beginning of last year, USD/CHN was trading at the highs near 7 Yuan for a US Dollar. But, it reversed right below that major level.. Full Article

5 h
Stock resume the bearish trend as Lira resumes the fall

Turkish Lira has retraced higher in the last few days, but it made another bearish move early in the European session. That sparked some... Full Article

8 h
CPI (MoM) Canada
Softening Inflation in Canada
CAD

Consumer price index inflation used to be pretty upbeat during winter in Canada but it started softe... Full Article

  • Calendar
9
50
H
M AGO

The Loonie is unchanged ahead of the top-tier economic events. As explained earlier on Aug 17- Economic Event Bried, the Canadain economy... Full Article

11 h
The US raises tariffs, China weakens the Yuan

I heard news today that the US will try to pressure China to weaken the Yuan. That is one of the main weapons for China so I don't think... Full Article

12 h
Ellis just realized that wages might never increase like they used to before the financial crisis

We have covered many times the issue of wages. While the unemployment rate continues to fall in all major developed economies as they pick.. Full Article

13 h

Bitcoin grew from its lowest level since June, while Ethereum rose above the $300 mark once again today on Friday. Looks like the crypto... Full Article

14 h
EUR/JPY - Hourly Chart

Taking a quick look on the hourly chart of EUR/JPY, the pair is consolidating right below the triple top resistance level of 126.350... Full Article

15 h
Inflation figures keeping the currencies on toe.

As the headline says, the economic calendar is all about the inflation data today. So in this update, we will be discussing the inflation... Full Article

17 h

The precious metal is following a choppy trading session in the absence of high impact economic events. It worked well in our favor as we... Full Article

17 h

The U.S. President Donald Trump admired the strength of the U.S. dollar after the greenback touched a 14-month high against a broad basket.. Full Article

18 h
Euro CPI is in Focus

The EUR/USD staged a bit of a recovery yesterday after a few sessions of severe selling pressure. The focus will once again be on the shared Full Article

19 h
The AUD/USD is Weak

Today we heard from the RBA's assistant Governor Low and it wasn't good news if you're looking for a rate hike in the AUD/USD any time soon. Full Article

20 h
Let's see if this pair will reverse when the 20 SMA catches up with the price

The Turkish Lira is finding some solid ground at last after the big dumping that took place last week. USD/TRY is retracing lower in what... Full Article

1 d
Emerging market currencies are feeling better today

The currencies of the emerging markets have been declining during this period. But, today the situation looks a lot better. Most of these... Full Article

1 d
Stocks are not exactly surging but they a crawling higher today

In the European session, the UK retail sales report was the most important economic release. It was another positive surprise as retail... Full Article

1 d
Dollar Index - Daily Chart

So far, the dollar index has traded precisely as per our forecast to target $97. The bullish trend initiated after the dollar index broke... Full Article

1 d
The support is holding at least

We opened a long term buy forex signal in Bitcoin two weeks ago as Bitcoin was pulling back lower after a decent bullish move in the... Full Article

1 d
Crude oil dips on EIA inventories

On Wednesday, crude oil tumbled more than $2 a barrel after EIA data reported a build in the U.S. crude stockpiles last week. This added... Full Article

1 d

Gold has already completed 50% retracement at $1,179 and it may continue to go for 61.8% retracement at $1,184. Probably, that's the level.. Full Article

2 d
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