Forex Signals Brief for January 27: US Q4 GDP Gives the USD A Small Boost
The US GDP report beat expectations yesterday, giving the USD a push higher, but there were caveats which still leave the situation uncertai Full Article
EUR/USD and Gold Testing the 50 MA As Support, After the Retreat on US Q4 GDP
USD jumped 50pips higher on better-than-expected GDP figures but there were caveats, so we decided to buy the dip in Gold and EUR/USD Full Article
Has the GBP/USD Uptrend Run Its Course?
GBP/USD turned incredibly bullish since the intervention by the BOE at the end of September, but buyers seem to have run out of steam Full Article
Can Gold Keep the Bullish Trend After Falling Below $1,800?
Gold turned bearish and fell below $1,800 yesterday after the positive US Q3 GDP revision, but MAs are still acting as support Full Article
USD Jumping Up on Higher US Q3 GDP Revision to 3.2%, Gold and Stocks Lower
The USD Q3 GDP report was revised higher to 3.2% from 2.9% in the second reading which has turned risk sentiment negative Full Article
Forex Signals Brief for December 22: Last GDP Reports Before Christmas
Markets still remain uncertain as we head into the Christmas period, and today's GDP reports won't establish a trend either Full Article
Forex Signals Brief for December 1: ISM Manufacturing to Fall in Contraction Too
Yesterday the USD turned bearish after Powell's comments on slowing rate hikes, while today's ISM manufacturing might send the USD lower Full Article
Forex Signals Brief for November 30: Eurozone CPI Inflation Expected to Slow
Yesterday we saw a cool-off in German and Spanish consumer inflation, so today's Eurozone CPI report should be softer too Full Article
USD/CAD Surging Toward the 50 Daily SMA, Despite the $6 Rally in Oil
USD/CAD continues to remain bullish as the CAD falls despite an bullish reversal in Oil since yesterday and better Q3 GDP numbers from Canad Full Article
Will the Eurozone Fall Into A Recession, or Will It Avoid That?
Different sectors of the Eurozone economy have fallen into contraction, but the GDP is still showing expansion at the moment Full Article
Forex Signals Brief for November 25: Thin Liquidity for Thanksgiving Week End
Yesterday the volatility was low as North America was on the Thanksgiving holiday and today is expected to be similar ahead of the weekend Full Article
Forex Signals Brief for November 15: Eurozone Q3 GDP and US Producer Inflation
The US producer inflation report PPI will be released later today after the Eurozone Q2 GDP report, which might shake the market sentiment Full Article
Can GBP/USD Continue the Bullish Reversal As UK Economy Heads into Recession?
GBP/USD surged 250pips higher yesterday after the softer US CPI inflation report, but the contraction in the GDP might stop the reverse Full Article