Breaking Forex News & Forecasts
Latest live Forex News World-Wide helping you keep up to date
Monday, 25 July 2016 14:36
US dollar bullish bets rise to highest since early June by IFC Markets
US dollar bullish bets rise to highest since early June by IFC Markets Investors increased US dollar net longs to $10.39 billion from $8.0 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to July…
Monday, 25 July 2016 08:09
Dollar supported, heading into FOMC
Dollar supported, heading into FOMC Daily Forex Market Preview, 25/07/2016 A quiet economic calendar today ahead of the FOMC and BoJ meetings this week could keep prices fairly flat. The US dollar looks well supported moving into the FOMC meeting first which could keep the euro subdued. But with price…
Friday, 22 July 2016 17:35
Wave analysis and forecast for 22.07.2016 – 29.07.2016 by LiteForex
Wave analysis and forecast for 22.07.2016 – 29.07.2016 by LiteForex EUR/USD: Wave analysis and forecast for 22.07 – 29.07: Downtrend continues. Estimated pivot point is at the level of 1.1163. Our opinion: Sell the pair from correction below the level of 1.1163 with the target of 1.09. Alternative scenario:…
Friday, 22 July 2016 10:24
GBPUSD Focus on Manufacturing PMI, Kuroda Offset Chances for Helicopter Money
GBPUSD Focus on Manufacturing PMI, Kuroda Offset Chances for Helicopter Money The US Dollar is hovering above previous resistance at 96.84 against a basket of major currencies, helped by revived hopes of Federal Reserve rate hike by end of 2016. The greenback remains stronger mainly against commodity currencies. The Aussie…
Friday, 22 July 2016 07:46
UK flash PMI’s in focus for GBPUSD
UK flash PMI’s in focus for GBPUSD Daily Forex Market Preview, 22/07/2016 The ECB monetary policy meeting yesterday failed to push the markets around but a modest risk off sentiment is seen creeping back. Today's important data highlights include the one-off Markit manufacturing and services PMI for the UK which…
Thursday, 21 July 2016 18:13
The Bullet Report: Stocks at record highs & Gold at 3 week lows ahead of ECB (Forex.info)
The Bullet Report: Stocks at record highs & Gold at 3 week lows ahead of ECB (Forex.info) Overnight, the USD continued to hover near four-month highs against the other major currencies on Wednesday, as global growth concerns still weighed on market sentiment and as trading volumes were expected to…
Thursday, 21 July 2016 07:33
EURUSD finds support at 1.0. GBPUSD looks bullish
EURUSD finds support at 1.0. GBPUSD looks bullish Daily Forex Market Preview, 21/07/2016 The euro slid back to 1.10 support but failure to close below the support is likely to see a near term correction to the upside. GBPUSD has formed a minor bullish head and shoulders and could see…
Wednesday, 20 July 2016 18:19
US stocks retreat while Dow logs new record close 20-07-2016 by IFC Markets
US stocks retreat while Dow logs new record close 20-07-2016 by IFC Markets The Dow Jones industrial average posted the sixth straight record close on Tuesday while the broad stock market edged lower on weak earnings reports. The dollar strengthened on revived expectations of a rate hike this year…
Wednesday, 20 July 2016 18:16
Technical Analysis AUDUSD 20-07-2016 by IFC Markets
Technical Analysis AUDUSD 20-07-2016 by IFC Markets Reserve Bank of Australia may cut rates The Reserve Bank of Australia (RBA) released on Monday the statement of its July meeting according to which the bank considers rate cut on its next meeting on August 2, 2016. The rate is…
Wednesday, 20 July 2016 18:13
GOLD Technical Analysis 20-07-2016 by PaxForex
GOLD Technical Analysis 20-07-2016 by PaxForex GOLD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 1000 points Source: www.paxforex.com
Wednesday, 20 July 2016 09:12
USDJPY looking to correct to 103 – 104
USDJPY looking to correct to 103 – 104 Daily Forex Market Preview, 20/07/2016 The US dollar emerged stronger yesterday led by better than expected building permits and housing starts. Still, overall the price action remains fairly subdued as the markets await cues from the ECB's meeting tomorrow. The euro remains…
Tuesday, 19 July 2016 10:01
USDJPY Boundary At 106.30 - Aussie Hit by RBA Dovish Minutes
USDJPY Boundary At 106.30 - Aussie Hit by RBA Dovish Minutes The US Dollar remains relatively strong against its counterparties on Tuesday morning. Equities have been flat to slightly positive in US. In Asia, NIKKEI 225, closed up by 1.23% and European futures indicated for a calm start at around…
Tuesday, 19 July 2016 09:55
Gold prices stay supported at 1327.50
Gold prices stay supported at 1327.50 Daily Forex Market Preview, 19/07/2016 The markets were trading flat yesterday with lack of any major fundamentals to go by. The price action in spot gold shows an inside bar being formed for the second day and could potentially result in a breakout in…
Monday, 18 July 2016 16:44
EURUSD Technical Analysis 18-07-2016 by PaxForex
EURUSD Technical Analysis 18-07-2016 by PaxForex EURUSD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 100 points Source: www.paxforex.com
Monday, 18 July 2016 11:20
Forex Market - Weekly Update
Forex Market - Weekly Update The US Dollar held its ground the previous week pushing higher against its counterparties. The US Dollar index remained near its resistance at 96.84. Against the Japanese Yen, the US Dollar peaked at cap at 106.30 on expectations building towards fiscal and monetary stimulus by…
