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Forex News and Market Analysis

Forex News and Market Analysis

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A Market Bounce

There will be a little bit of data rolling out on Friday, to round out an otherwise quiet week on the economic calendar. Full Article

20 mins
EUR/USD

The EUR/USD is on the bull and driving toward a key topside resistance level. If the uptrend continues into June, a short trade will set up. Full Article

8 hours
The 50 SMA held as support again on the daily chart

Gold retraced lower during the last two weeks, but the 50 SMA held as support once again Full Article

9 hours
crude oil

Crude oil supplies are back on the rally as lagging consumption and COVID-19 global demand issues persist. Full Article

9 hours
A 5% decline in Q1 for US GDP

US GDP contracted by 5% in Q1, but I expect Q2 to be worse Full Article

12 hours
Over One Third of FDI Projects Impacted Across Europe Due to Coronavirus

Over one third of FDI projects announced for Europe in 2019 have been delayed or even cancelled in the wake of the ongoing coronavirus Full Article

13 hours
The consumer confidence remains subdued

Inflation weakened further in Germany, while confidence remains negative in Europe Full Article

13 hours
Fed's Beige Book Highlights Concerns of US Businesses Even as Economy Reopens

A recent report by the Federal Reserve reveals that the coronavirus pandemic continues to impact US businesses into the mid of May even as Full Article

14 hours
The pullback down is over now

Crude Oil turned bearish yesterday, but the decline seems to have ended today Full Article

14 hours

GBP/USD has turned bearish again today after Saunders dovish remarks Full Article

15 hours
Surveys Shed Light About Prospects of UK's Employment Levels in the Coming Months

The latest survey by REC offers a slight glimmer of hope for the state of businesses' hiring and investment plans across Britain Full Article

15 hours

The USD/JPY prices proceed to trade sideways within a tight trading range of 107.899 - 107.650 level. We may see additional trends in the US Full Article

16 hours
WTI Crude Oil Under Pressure - US-China in Highlights Again

Crude oil is on a bearish run, trading at 32 levels, holding right above an immediate support level of 31.40 level. Closing of candles... Full Article

16 hours
RBA Governor Offers Hope About Economic Recovery in Australia

RBA governor Philip Lowe delivered some optimistic remarks about the Australian economy recently when he let on that employment levels in Full Article

17 hours
GBP/USD Weakens as Hard Brexit Concerns Rise Again

GBP/USD trades weak after falling sharply during the previous session on the back of yet another roadblock in Brexit trade negotiations Full Article

18 hours

US stocks closed green on Wednesday, marking the third straight day of gains. The market was closed on Monday for Memorial Day. Full Article

19 hours
US Dollar's Safe Haven Appeal Firms With Focus on US-China Tensions

The US dollar continues to trade steady, holding firm against other major currencies in the wake of escalating tensions between the US and Full Article

20 hours
We had another profitable year with forex signals this year

Full Article

20 hours

Gold prices traded in line with our forecast to help us secure 80 pips yesterday. Currently, the precious metal is heading north towards the Full Article

20 hours
Gold Gains as Safe Haven Appeal Strengthens Over Hong Kong Issue

The safe haven gold continues to make gains as a result of escalating tensions between the US and China over the issue of national security Full Article

21 hours
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