FX News Feed
GBP/USD Enters Overbought Zone – Why 1.2500 Could Drive Sell-off
GBP/USD has gained bullish momentum, rising above 1.2450 for the first time in more than ten days. If the pair can hold above 1.2430.. Full Article
Monster Bounce on EUR/USD on 50 BPS Rate Hike Scenario from the ECB
The GDAP for Q1 was revised up in the Eurozone, while the ECB might hike rates by 50bps in July which is helping Euro right now Full Article
Selling NZD/USD After the Slight Improvement in Market Sentiment
NZD/USD has been really bearish during the last month, so we decided to take another shot selling this pair after the retrace higher Full Article
GBP/USD Struggles Below Trendline Resistance $1.2300 – What’s Next?
The GBP/USD is trading around 1.2250 at the open and is expected to rise further due to a rebound in risk-sensitive assets on Friday, which Full Article
EUR/USD Testing 2016 Lows As Rik version Sentiment Remains Strong
EUR/USD has fallen below 1.04 as the USD keeps gaining on negative risk sentiment in financial markets Full Article
GBP/USD Trades Choppy – Why 1.2420 Could Weigh on Sterling
GBP/USD has been trading in a tight range above 1.2300 on Wednesday after closing the first day of the week virtually unchanged. The British Full Article
Shorting EUR/USD As Economic Sentiment Continues to Deteriorate in the Eurozone
EUR/USD remains near the bottom as economic sentiment remains negative in the Eurozone Full Article
Selling the Jump in EUR/USD As Eurozone Investor Confidence Deteriorates Further
We decided to go short on EUR/USD after the retrace higher on FED Bostic comments Full Article
Forex Signals Brief for May 6: Employment Expected to Improve Further Globally
The risk sentiment turned negative yesterday after the sudden improvement after the FED meeting on Wednesday Full Article
Forex Signals Brief for May 5: BOE to Hike Rates, After the 50 bps FED Rate Hike Yesterday
Yesterday the FED hiked interest rates by 0.50% which disappointed the market a little, while today the Bank of England will hike rates by 2 Full Article
Selling the Jump in AUD/USD After the RBA Rate Hike
The RBA hiked interest rates by 25 bps to 0.35%, exceeding expectations of 15 bps, which sent AUD/USD higher, but we decided to sell the jum Full Article
Forex Signals Brief for May 3: RBA Hikes Interest Rates
The RBA joins the other major central banks, hiking rates by 15 bps, but will this help stop the jump in prices? Full Article
The 20 SMA Keeps EUR/USD Down, Displaying Weakness
The retrace higher seems over for EUR/USD as the 20 SMA continues to provide resistance for this forex pair Full Article
Forex Signals Brief for May 2: Chinese Manufacturing Dives Into Contraction
Today we will see how the European and US manufacturing performed last month, after a deep contraction in Chinese manufacturing Full Article
Euro Fails to Turn Bullish After Another Increase in Eurozone Inflation
EUR/USD has reversed back down after a failed attempt to turn bullish earlier today, after the CPI inflation report from the Eurozone Full Article
Forex Signals Brief for April 29: European Inflation and GDP Numbers Out Soon
Yesterday the Q1 inflation report from the US came at -1.1% against 1.4% while today we have European and Canadian GDP which might also disa Full Article
Inflation Remains Elevated in Europe, EUR/USD Pierces 1.05
EUR/USD is heading for 2016-17 lows of 1.0350 after breaking below 1.05 today as inflation remain elevated Full Article
Forex Signals Brief April 28: USD Q1 GDP in Focus
Yesterday we had a great performance with forex signals, as e kept leaning on the USD which continued the uptrend Full Article
Will Higher Inflation Force the RBA to Hike Rates?
Inflation is jumping in Australia as well, which will force the RBA to hike rates next meeting, but AUD/USD is still bearish Full Article