AUD/USD Heading for the Bottom off the Range on Softer Employment, Wages
AUD/USD has turned bearish after failing at the top of the range at 0.68 and now it is headed for the bottom below 0.66 Full Article
Where Does the GBP Stand After the UK Employment Numbers?
GBP/USD failed to close above the resistance of 1.2450 last week and yesterday it resumed the decline as the USD gained momentum Full Article
AUD/USD Reverses Down at the 200 Daily SMA As We Anticipated
AUD/USD stopped moving higher after failing at the 200 daily SMA again yesterday and reversed as risk sentiment turned negative Full Article
Keeping Short on AUD/USD As the Bearish Case Gets Stronger
AUD/USD remains volatile but it is making lower highs, which point to a trend reversal since early February Full Article
GBP/USD Buyers Retest the 50 Weekly SMA Ahead of Tomorrow’s CPI Report
GBP/USD was rejected by the 50 SMA early in December, but is quickly back at it as the USD resumes decline on softer FED rhetoric Full Article
USD/CAD Breaks Above the 50 Daily SMA, As Ivey PMI Slows
USD/CAD resumes the bullish trend again after last week's pullback lower and today's break above the 50 SMA was a bullish signal Full Article
75 bps Rate Hike from the ECB Coming As Eurozone CPI Inflation Reaches 10%
Eurozone consumer inflation CPI reached 10% in September, which the ECB will use to continue with their rate hikes Full Article
USD/CAD Reverses From Below 1.30, As Unemployment Jumps
USD/CAD dipped below 1.30 and reversed back up again after the 5 point jump in unemployment rate during August in Canada Full Article
Selling EUR/USD Again As German Unemployment Increases
The German unemployment rate jumped higher, which might be anther negative data for the Euro as it holds the EBC back Full Article
Economic Situation Weakening in Europe, As Prices Keep Surging
The increase in prices and interest rates is hurting the European consumer, which might translate into a recession soon down the year Full Article
AUD/USD Falls Below Support Again After Failing at the 20 Daily SMA
AUD/USD has fallen below the major support level of 0.70 again, indicating further selling pressure to come Full Article
Taking A Long Term Short on GBP/USD After the Risk Move Today
The GBP had a nice jump today on the back of better UK data, better sentiment and weaker USD, but we decided to take a short Full Article