Selling the Jump in EUR/USD Below the 50 SMA
EUR/USD is finding resistance at the 50 and 100 SMAs on the H4 chart after the bounce, where we decided to open a sell forex signal Full Article
Forex Signals Brief for December 2: USD Looking at the NFP Employment Report
The USD has resumed the decline this week and yesterday's soft ISM and PCE inflation gave it another push lower, while today we have the NFP Full Article
Forex Signals Brief for November 28: Eurozone Inflation and US ISM Manufacturing
Last week the USD turned bearish again as risk sentiment improved in less hawkish FOMC minutes and manufacturing PMI falling in contraction Full Article
Shorting the Retrace in Gold, After US ISM Manufacturing Slows
Gold jumped higher after the soft US ISM manufacturing numbers a while ago, but is reversing back down now so we decided to sell Full Article
Oil Remains Supported at the 200 SMA Despite the Bounce in the USD
Crude Oil is feeling bullish today as risk sentiment improves on China relaxation of covid restrictions Full Article
Gold Reversing Lower on Higher US JOLTS Jobs Openings Figures
Gold has reversed lower after failing at MAs, as US JOLTS openings beat expectations ahead of tomorrow's FED rate decision Full Article
Forex Signals Brief for November 1: USD Higher on FED Not Pivoting
The USD has been weakening recently as the FED prepares to slow down with rate hikes, but that might not be the case right now Full Article
Forex Signals Brief for October 10: USD Back Up on Its Feet After the Pullback
The USD went through a strong retreat since the last week of September, but by the middle of last week it stopped the decline and resumed th Full Article
Has the USD Reached A Top?
The USD has been extremely bullish as the only remaining safe haven asset, but we are seeing some bearish signs recently Full Article
Forex Signals Brief for October 04: USD Diving on Softer ISM Manufacturing
Yesterday we sawt a tumble in the USD after the US ISM manufacturing indicator softened, showing that the Buck might have reached a top Full Article
USD/JPY Dives As US ISM Manufacturing Heads to Contraction
US manufacturing seems to be heading into contraction as today's ISM report showed, joining the Eurozone and sending the USD lower Full Article
Forex Signals Brief for September 2: A Decent Employment Report Will Keep the USD Bullish
Today's US employment report will likely keep the pressure to the upside if it is positive, after yesterday ISM manufacturing numbers Full Article
USD Runs Higher After Better Manufacturing ISM Figures
US ISM manufacturing was expected to slow down in August but remained stable, which is adding support to the USD Full Article
Forex Signals Brief for September 1: Global Manufacturing to Remain Weak
Eurozone inflation reached a record high of 9.1% during August, while today we have the manufacturing reports from all over the world Full Article