Popular Posts

Forex News»

Opinions»

AUD/USD: Trading the Australian Employment Change

AUD/USD: Trading the Australian Employment Change

Aug 4, 2015 22:37
Australian Employment Change, which is released monthly, provides a snapshot of the health of the Australian labor market. A reading which is higher than the market forecast...

Majors»

GBP/USD Forecast Aug. 3-7

GBP/USD Forecast Aug. 3-7

Aug 2, 2015 20:51
GBP/USD changed directions last week and gained close to 100 points. The pair closed the week at 1.5615. This week’s highlight is the PMIs and Manufacturing Production....
  • EUR/USD Forecast Aug. 3-7
    EUR/USD Forecast Aug. 3-7
    EUR/USD posted strong gains early in the week, but was unable to consolidate and closed the week unchanged, at...
    on Aug 2, 2015 19:31
  • USD/JPY Forecast Aug. 3-7
    USD/JPY Forecast Aug. 3-7
    USD/JPY showed little change at the end of the week, closing at 123.82. This week has six events. Here is an...
    on Aug 2, 2015 11:06
  • Forex Weekly Outlook August 3-7
    Forex Weekly Outlook August 3-7
    US ISM Manufacturing PMI, Trade Balance, ISM Non-Manufacturing PMI, Rate decision in Japan, Employment data from...
    on Jul 31, 2015 16:20

Minors»

AUD/USD Forecast Aug. 3-7

AUD/USD Forecast Aug. 3-7

Aug 2, 2015 16:40
AUD/USD had an uneventful week, and showed almost no change. The pair closed the week just shy of the 0.73 line. This week’s highlights are Retail Sales and Employment...

Basics & Industry»

Gold vs. Krugman, Interview with Francesc Riverola and the State of China – #61

Gold vs. Krugman, Interview with Francesc Riverola and the State of China – #61

Aug 3, 2015 10:10
QE is certainly controversial and will continue to stir a debate or a quarrel between various pundits. After this debate, we move on to an interview with FXStreet founder...

Recent Articles

Lockhart calls for a rate hike

Lockhart calls for a rate hike

If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting!Sterling will continue to be a focus today ahead of the Bank of England’s big day tomorrow where for the first time they will announce interest rates and release the minutes of their decision at the same time. On top [&hellip

EUR/USD trades lower on Lockhart comments amid no news from Greece

EUR/USD trades lower on Lockhart comments amid no news from Greece

EUR/USD is trading on lower ground, “hugging” the 1.0850 level, after it received a blow from the US side. However, the push to the downside is also helped by no real breakthrough on the Greek talks. The crisis could certainly accelerate in the next two weeks. USD Dennis Lockhart, the President of the Atlanta Fed, said that he would [&hellip

UK Services PMI: 57.4 – slightly below expectations

UK Services PMI: 57.4 – slightly below expectations

A small slowdown in Britain’s services sector according to Markit: the services PMI slides to 57.4 points. They say that Q2 growth will be around +0.6%, lower than the official initial estimate. GBP/USD remains in high range just around 1.56. Markit’s third and final purchasing managers’ index for the UK was expected to tick down [&hellip

EUR/USD: Near Breakout; Cable: Right Shoulder Of H&S Top – JP Morgan

EUR/USD: Near Breakout; Cable: Right Shoulder Of H&S Top – JP Morgan

The US dollar is getting stronger and this has implications for major pairs. The team at JP Morgan examine the charts and point to moves on EUR/USD and GBP/USD: Here is their view, courtesy of eFXnews: The rather dull trading sessions as of late within fairly tight ranges didn’t deliver any fresh insights, so that prevailing [&hellip

AUD/USD: Trading the Australian Employment Change

AUD/USD: Trading the Australian Employment Change

Australian Employment Change, which is released monthly, provides a snapshot of the health of the Australian labor market. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are the details and 5 possible outcomes for AUD/USD. Published on Thursday at 1:30 GMT. Indicator Background Job creation is one [&hellip

Did The RBA Just Change The Game?; Implications For AUD – ANZ

Did The RBA Just Change The Game?; Implications For AUD – ANZ

The RBA surprised markets by seemingly acknowledging the fall of AUD and not expressing too much worry. Is it a real game changer? The team at ANZ weighs in: Here is their view, courtesy of eFXnews: The RBA’s post meeting statement changed its language in reference to the AUD, but that doesn’t mark a turning point for [&hellip

Greek stock market is back in business

Greek stock market is back in business

A light economic data stream has financial markets exhibiting some semblance of calm, with corrective forces dictating price action in currency markets.  The re-opening of the Greek stock market was met with massive selling pressure on Monday, with bank stocks on the chopping block as investors rushed for the exits to dump exposure to anything [&hellip

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – August 4 2015

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – August 4 2015

EURUSD Daily Pivots R3 1.1036 R2 1.1015 R1 1.0982 Pivot 1.096 S1 1.0927 S2 1.0906 S3 1.0873   EURUSD (1.094): EURUSD is trading near the major support level zone of 1.095 through 1.0925 within the falling price channel. If this level holds, we could anticipate an upside break out from the price channel as the [&hellip

GBP/USD: Trading the British Services PMI

GBP/USD: Trading the British Services PMI

British Services PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the services sector. Respondents are surveyed for their view of the economy and business conditions in the UK. A reading which is higher than the market forecast is bullish for the pound. Update: UK Services PMI: 57.4 Here are all the details, and 5 possible outcomes [&hellip

AUDUSD & USDJPY Look Higher – Elliott Wave Analysis

AUDUSD & USDJPY Look Higher – Elliott Wave Analysis

The mover in the overnight session was AUD which rallied sharply following the good retail sales and trade balance figures as well as the shift from the RBA. This bullish move has been technically expected, already ahead of the events as we highlighted a clear bullish pattern after only three waves down to 0.7260. At [&hellip