Forex News and Market Analysis / Trading Briefs

Forex News and Market Analysis

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Brexit deal or no deal, it's difficult to trade GBP nowadays

The British Pound turned negative, with traders steering to remarks from Prime Minister Theresa May that an extension of the Brexit... Full Article

5 hours
BTC is in Trouble

It's a shortened week for US traders, but that hasn’t stopped many of them putting the sword into Bitcoin and a number of the other cryptocu Full Article

8 hours

The British Pound remains unchanged at the beginning of what could be a volatile week. The market failed to produce any latest update on... Full Article

1 day
Markets Wait on News

The week ahead appears to be a short one as traders in the US will be away for Thanksgiving. As a result, top-tier data will be a little thi Full Article

1 day

The U.S. dollar declined after a prime Federal Reserve official stated the interest rates are near a neutral rate, while continued risk... Full Article

2 days

Crude oil was holding above a very significant support level of $55. It formed a hammer pattern followed by a strong bearish trend which... Full Article

4 days

The EUR/USD has taken a bearish turn to test the support come resistance level at $1.1470, but it failed to give us a bullish crossover... Full Article

4 days
Markets are Active

Lately, it seems it’s been less about the economy and more about the news, as headlines continue to push the majors around. Full Article

4 days
Retail Sales Are Up

I think it’s fair to say there haven’t been too many green candles on Wall Street recently and today there will be plenty of investors hopin Full Article

5 days
The USD has broken through

The euro and sterling edged higher as traders confidence soared on news Britain had discovered a draft divorce deal with the European Union Full Article

6 days
CPI in Focus

We’ve had a pretty busy week on world markets so far and it looks like that is set to continue today. The main release of interest is US CPI Full Article

6 days

The EUR/GBP has violated the descending triangle pattern on the hourly chart. The pattern extended a solid support around 0.8725, but the... Full Article

1 week
European Data in Focus

While all the action recently appears to be in the US, today our European counterparts are set for a busy day of trading. Full Article

1 week

Crude oil has test the resistance level of $61.30. Let us recall that it's the same level which supported the oil on Nov 7 and worked as a.. Full Article

1 week
CPI and Retail Sales in Focus

The USD managed to gain some ground towards the end of the week and traders will be wondering if that can follow through in the next five da Full Article

1 week

Today, the investor's focus remains on the U.K's GDP figures and it's time for us to capture some good trades in sterling pairs... Full Article

2 Wks.
Pound in Focus

So far this week, the attention has clearly been focused on the US. We’ve had both the FOMC and midterm elections and now they’re out of the Full Article

2 Wks.

On the daily timeframe, crude oil has formed a hammer pattern near $62. This pattern is followed by a strong bearish trend and it's known... Full Article

2 Wks.

The European Commission is due to release an economic forecast report. The forecasts serve as the European Commission's basis for evaluating Full Article

2 Wks.

The Fed has increased rates three times this year as the US economy expanded and inflation began to pick up. It has indicated a rate rise... Full Article

2 Wks.
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