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Breaking Forex News & Forecasts

Latest live Forex News World-Wide helping you keep up to date

Aussie dollar lifted on hawkish RBA comments Daily Forex Market Preview, 07/03/2017 The Reserve Bank of Australia met earlier today and opted to leave the cash rate unchanged at 1.50% as widely expected. Policy makers did not give much information on whether there will be another rate cut but signaled…
Apple Technical Analysis 06/03/2017 by PaxForex   Apple - bullish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 150 points   Source: www.paxforex.com  
Slow start to a busy week for the U.S. dollar Daily Forex Market Preview, 06/03/2017 The U.S. dollar closed on Friday on a weaker note despite the markets showing an increased probability for a rate hike in March. The economic calendar today is light with no major releases lined up.…
Monday, 06 March 2017 09:57

3 Reasons To Be Excited For March

3 Reasons To Be Excited For March USD/JPY popped beyond 114, as traders priced in almost a “firm deal” on Federal Reserve rate hike in March. Will USD/JPY go beyond 115? We have seen quite a fair amount of volatility in the currency market recently. We can expect more volatility…
Dollar mixed, as markets await Yellen's speech on Friday Daily Forex Market Preview, 02/03/2017 The U.S. dollar remained mixed across the board, weaker against the Australian dollar, gold and the Mexican peso but was seen stronger against the rest of its peers. The dollar continues to ride on the expectations…
Cold spring may raise demand for heating gas - Tech. Analysis - GAS/RUB - 2017-03-02 by IFC Markets In this report we consider studying the personal composite instrument (PCI) ”gas to ruble”. It may rise in case the prices of US natural gas (Natgas) are to increase together with USDRUB…
Thursday, 02 March 2017 10:40

EUR/GBP finding resistance by STO

EUR/GBP finding resistance by STO EUR/GBP is approaching the 38.2% reversion of the post-Brexit referendum rally and also the 100 day moving average, both in the 0.8585-0.8600 range. Failure to break above here would pave the way for a reversion to recent lows around the 50% retracement at 0.8400. Gold…
Markets muted to Trump's State of the Union address Daily Forex Market Preview, 01/03/2017 Traders were not impressed by Trump's speech during his State of the Union Address late Tuesday as the dollar stayed muted. On the contrary, the dollar got a boost with comments from Fed officials who also…
Technical Analysis Nd100 : 28/02/2017 by IFC Markets   Awaiting tax reform by Donald Trump 45th US President Donald Trump will make his maiden speech to the joint session of the US Congress on Tuesday. Will it trigger the downward correction of Nasdaq 100 stock index if his speech disappoints…
Tuesday, 28 February 2017 17:20

Market forecast 28.2.2017 by CIBFX

Market forecast 28.2.2017 by CIBFX   For the week of 27 February, the Euro and US Dollar are both attempting to recover as it attempts an upward trend. However, a downward trend is expected, and a flat trajectory is seen as momentum remains neutral. The US dollar, however, closed last…
USDCAD Technical Analysis 28/02/2017 by PaxForex     USDCAD - bullish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 100 points   Source: www.paxforex.com  
Monday, 27 February 2017 15:43

Will USD/JPY break 112?

Will USD/JPY break 112? The market continues to doubt Federal Reserve’s resolve to tighten. As the upcoming FOMC meeting in March draws nearer, will USD/JPY break through the key level of 112? US data were encouraging and Fed officials have been talking about rate hike soon. Fed are concern if…
USDJPY Technical Analysis 24/02/2017 by PaxForex   USDJPY - Bearish model: pair, ready to continue falling Outlook: the downward trend with the prospect of profits more than 100 points   Source: www.paxforex.com
EURUSD Technical Analysis 21.02.2017‏ by Grand Capital   The pair has fallen lower than 1.0600 amid the P. Harker's comment that he may vote for the interest rate increase by another 0.25% – up to 1.0% during the March meeting. The price is lower than the middle Bollinger band, lower…
U.S. dollar attempts to post a recovery amid a slow trading day Daily Forex Market Preview, 20/02/2017 The U.S. dollar is attempting to post some gains to build up from Friday's reversal. Price action has formed an inside bar among EURUSD and USDJPY which could indicate a potential breakout trading…

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