Durable Goods Orders Turn Positive in August
Durable goods orders showed a 0.2% increase in August, against -0.5% expected and July's -5.2% decline, which was revised to -5.6% Full Article
Will AUD/USD Break the Range After the Inflation Figures?
AUD/USD is not recovering despite the 3 point jump in Australian inflation to 5.2% in August Full Article
Commodity Currencies Feeling Good on Positive Signals from the Global Economy
The AUD, CAD and the NZD have been making gains in the last two weeks after global economic data has shown improvement Full Article
Where Is NZD/USD Heading After the Q2 GDP Report?
NZD/USD has made a reversal lower after failing at 0.60 despite better GDP figures, as the USD rallies on the FED hawkish hold Full Article
Selling NZD/USD Below Key Resistance
NZD/USD continues to remain bearish despite the recent retrace higher, so we decided to open a sell signal below the 20 daily SMA Full Article
Commodity Dollars Looking at Chinese Data for Direction
The sentiment for commodity dollars improved yesterday which has sent them higher and today's data from China should send them higher Full Article
Forex Signals Brief September 13: Attention on US CPI, UK GDP Today
Today the UK GDP is expected to show a contraction for July, while US August CPI YoY is expected to increase again Full Article
Shorting the Retrace in NZD/USD Below MAs
NZD/USD has retraced 50 pips higher today, but MAs are acting as resistance which, so we decided to open a sell NZD/USD signal earlier Full Article
USD Marches Higher ad DXY Bounces Off MAs
The USD resumed the bullish momentum yesterday as the DXY index approaches the 105 level Full Article
NZD/USD Starting A Bearish Reversal, After Failing to Hold Gains Above 0.60
NZD/USD retraced above 0.60, but buyers couldn't hold the gains and we're seeing a bearish reversing pattern forming on the daily chart Full Article
Weak Bounce in AUD/USD As CPI Falls Below 5%
AUD/USD is resuming the bearish momentum again after the retreat above 0.65 where it met the 20 daily SMA Full Article
Will Risk Trades Continue the Decline in September?
August and September are characterized by a bearish trend in risk assets, with August already following that trend Full Article
Commodity Currencies Resume the Decline, Falling to New Lows for 2023
The Aussie (AUD), the Kiwi (NZD) and the Loonie (CAD) have been showing weakness this month and ended the week bearish after a slight retrac Full Article
Powell Leaves the USD on An Uptrend As It Was
Markets were agitated in case Powell's speech would signal a policy change at Jackson Hole, but he didn't deviate much from the last FOMC me Full Article
