Forex Traders News
Latest live Forex News World-Wide helping you keep up to date
Wednesday, 29 March 2017 10:24
What will happen after Article 50 is invoked?
What will happen after Article 50 is invoked? UK inflation outperformed, GBP/USD broke above 1.25. Will GBP/USD stay above 1.25 after Article 50 is invoked? UK CPI came in at 2.3%, outperformed forecast of 2.1%. The data supported MPC* member Kristen Forbes’ vote for a rate hike during their last…
Tuesday, 28 March 2017 16:07
EURTRY Technical Analysis 28/03/2017 by Paxforex
EURTRY Technical Analysis 28/03/2017 by Paxforex EURTRY - bullish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 500 points Source: www.paxforex.com
Wednesday, 22 March 2017 10:11
U.S. dollar slips as investors scale back the Trump Trade
U.S. dollar slips as investors scale back the Trump Trade Daily Forex Market Preview, 22/03/2017 The U.S. dollar index fell below the 100.00 handle yesterday as investors scaled back the Trump Trade. Lack of any clear details on the tax reform and the proposed infrastructure spending saw investors shunning the…
Monday, 20 March 2017 13:13
First round of rate hike, what’s next?
First round of rate hike, what’s next? USD/JPY plunged after Fed’s first rate hike in 2017. USD/JPY heading towards 112, when will we see it going back to 115 or even 118 level? Some traders were left bewildered by how the USD/JPY free-fell more than 100 pips in the first…
Monday, 20 March 2017 13:05
Daily Technical Analysis 20.03.2017 by Orbex
Daily Technical Analysis 20.03.2017 EURUSD Short covering rally continues. Local resistance at the January high of 1.0828 is the first challenge. Above their puts the focus on the bigger technical level of 1.0975 which is the 50% Fibonacci retracement from last year’s high. We also have the completion of an…
Friday, 17 March 2017 21:06
Wave analysis and forecast for 17.03.2017 – 24.03.2017 by LiteForex
Wave analysis and forecast for 17.03.2017 – 24.03.2017 by LiteForex EUR/USD Wave analysis and forecast for 17.03 – 24.03: The pair is likely to decline. Estimated pivot point is at the level of 1.0828. Analysis: Presumably, the formation of the fifth wave 5 of the senior level continues, within which…
Friday, 17 March 2017 14:37
Analysis on Oracle 17.03.2017 by PaxForex
Analysis on Oracle 17.03.2017 by PaxForex The price above 200 MA, indicating a growing trend.The MACD histogram is above the zero line.The oscillator Force Index is above the zero line. If the level of resistance is broken, you should follow recommendations below:• Timeframe: H4• Recommendation: Long Position• Entry Level: Long…
Friday, 17 March 2017 14:30
Technical Analysis AUDUSD : 17/03/2017 by IFC Markets
Technical Analysis AUDUSD : 17/03/2017 by IFC Markets Improved global economy buoys Australian dollar The Reserve Bank of Australia didn’t cut the interest rate at its March policy meeting. The Australian dollar is rising after positive recent data. Will the Australian dollar continue strengthening? The Reserve Bank of Australia (RBA)…
Friday, 17 March 2017 08:46
Dutch exit polls bodes well for EURUSD
Dutch exit polls bodes well for EURUSD Daily Forex Market Preview, 17/03/2017 The initial exit polls from various sources have clearly put the Dutch incumbent Prime Minster Mark Rutte's party in the lead against his radical opponent, Geert Wilders. Although official results will be announced only next week, the markets…
Friday, 17 March 2017 08:38
Market Review 17.03.2017 by CIBFX
Market Review 17.03.2017 by CIBFX The US market seems to slightly lose its winning streak after this closing week. It does not mean that the market is losing, but the market is an unpredictable figure churner that such a decline is already expected. Meanwhile,…
Thursday, 16 March 2017 12:08
Dollar slips on FOMC, EURUSD lifted on early Dutch exit polls
Dollar slips on FOMC, EURUSD lifted on early Dutch exit polls Daily Forex Market Preview, 16/03/2017 The Federal Reserve increased the short term fed funds rates by 25 basis points in yesterday's meeting as widely expected and signaled two more rate hikes for the remainder of this year. The Fed's…
Wednesday, 15 March 2017 17:53
Fed rate hike seen certain - 15/03/2017 by IFC Markets
Fed rate hike seen certain - 15/03/2017 by IFC Markets US stocks fall ahead of Fed decision US stock indices retreated on Tuesday led by declines in energy and airlines shares as oil prices slipped and flights were cancelled due to a…
Wednesday, 15 March 2017 17:41
Market Forecast 15.03.2017 by CIBFX
Market Forecast 15.03.2017 by CIBFX After a slight disruption in a straight winning streak of the US stocks last week, the economic report and labor market are still promising and optimistic. Rates would be released this week, and here is a takedown of what would transpire this coming week. US…
Wednesday, 15 March 2017 17:34
Fed and Dutch set the tone for a busy day
Fed and Dutch set the tone for a busy day Daily Forex Market Preview, 15/03/2017 The FOMC's interest rate decision today will be closely watched as traders brace for a third rate hike in just under two years, since December 2015. The short term Fed funds rates are expected to…
Wednesday, 15 March 2017 17:20
Imminent rate hike, will USD/JPY break 115 again?
Imminent rate hike, will USD/JPY break 115 again? USD/JPY broke 115 before non-farm payroll, but crashed back below on profit taking. Will Fed rate hike this week push USD/JPY above 115 again? A superb ADP non-farm payroll came in at 298K, the highest since January 2012. After the release, market…
