Popular Posts

Forex News»

Opinions»

GBP/USD: Trading the British Preliminary GDP

GBP/USD: Trading the British Preliminary GDP

Jul 24, 2014 16:05
British Preliminary Gross Domestic Product (GDP) is a key release and is published each quarter. GDP measures production and growth of the economy, and is considered by analysts...

Majors»

GBP/USD Forecast July 21-25

GBP/USD Forecast July 21-25

Jul 20, 2014 17:12
GBP/USD showed slight losses for a second straight week as the pair slipped below the 1.71 line, closing at 1.7081. This week’s highlights are Retail Sales and...
  • USD/JPY Forecast July 21-25
    USD/JPY Forecast July 21-25
    USD/JPY traded within the known ranges once again. Inflation numbers and the trade balance are in the limelight. Here...
    on Jul 20, 2014 14:49
  • EUR/USD Forecast July 21-25
    EUR/USD Forecast July 21-25
    EUR/USD lost ground in a week that saw the odds turn against it. The Bundesbank Monthly Report, Manufacturing...
    on Jul 19, 2014 15:00
  • Forex Weekly Outlook July 21-25
    Forex Weekly Outlook July 21-25
    The dollar and the yen advanced as geo-political issues grabbed the headlines towards the end of the week. US housing...
    on Jul 18, 2014 16:08

Minors»

AUD/USD Forecast July 21-25

AUD/USD Forecast July 21-25

Jul 20, 2014 14:14
AUD/USD was unchanged for a second straight week, as the pair closed at 0.9382. This week’s highlight is CPI. Here is an outlook on the major market-movers and an updated...
  • USD/CAD Forecast July 21-25
    USD/CAD Forecast July 21-25
    USD/CAD was unchanged at the end of the week, closing at 1.0732. The upcoming week is very quiet, with just...
    on Jul 20, 2014 12:01
  • NZD/USD Forecast July 21-25
    NZD/USD Forecast July 21-25
    The New Zealand dollar dropped from the highs and basically marked a double top. The focus this week is clearly...
    on Jul 20, 2014 11:24
  • AUD/USD Forecast July 14-18
    AUD/USD Forecast July 14-18
    AUD/USD was almost unchanged last week, as the pair closed at 0.9352. This week’s highlight is the RBA Monetary...
    on Jul 13, 2014 17:41

Basics & Industry»

Market Movers Podcast Test Episode #8: correlations, geo-politics and the pounding of the pound

Market Movers Podcast Test Episode #8: correlations, geo-politics and the pounding of the pound

Jul 24, 2014 14:31
Here is another test episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing...

Recent Articles

Market Movers Podcast Test Episode #8: correlations, geo-politics and the pounding of the pound

Market Movers Podcast Test Episode #8: correlations, geo-politics and the pounding of the pound

Here is another test episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing period. You are welcome to listen, subscribe and provide feedback. We added a nice intro and a nice outro this time. In today’s

GBP/USD: Trading the British Preliminary GDP

GBP/USD: Trading the British Preliminary GDP

British Preliminary Gross Domestic Product (GDP) is a key release and is published each quarter. GDP measures production and growth of the economy, and is considered by analysts as one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the pound. Here are all the

US new home sales plunge in June to 406K – USD retreats

US new home sales plunge in June to 406K – USD retreats

A big disappointment from the housing sector and not for the first time: a drop to 406K. This is a drop of 8.1%, which sounds a lot but it’s actually even worse if we take into account the huge downwards revision from 485K to 442K. It’s just bad no matter how we look at it. New

Equities rise after strong PMI readings

Equities rise after strong PMI readings

World equities, with the exception of the Nikkei, were bolstered by strong Purchasing Managers Index (PMI) readings from China and the euro zone.   The HSBC flash manufacturing PMI reached an 18 month high of 52.0 in July from 50.7 the previous month and marks the second consecutive month in expansion territory.  The solid reading can

US jobless claims fall to 284K – great news – GBP/USD loses 1.70

US jobless claims fall to 284K – great news – GBP/USD loses 1.70

Excellent news from the US job market: only 284K, the lowest in a long time: February 2006. Weekly jobless claims were expected to tick up to 310K from 303K last week (before revisions). This is within the recent steady and stable range. The previous 4 week moving average stood on 309K and it now stands at

EUR/USD – Euro Stable As German, Eurozone PMIs Meet Expectations

EUR/USD – Euro Stable As German, Eurozone PMIs Meet Expectations

EUR/USD has posted slight gains on Thursday, as the pair trades in the high-1.34 range in the European session. On the release front, German and Eurozone PMIs met or exceeded expectations. However, French PMI data was not as positive. In Spain, the unemployment rate dropped below 25% for the first time in almost two years. In the US, today’s key

Aussie is the center of attention

Aussie is the center of attention

The dollar continues to assert itself, rising for 7 of the past 10 sessions on the dollar index, but it’s by no means universal.  The Aussie is the main exception, having risen nearly 0,5% vs. the dollar over the past two weeks. The overnight activity here has seen a brief push above the 0.9450 area,

GBP/USD could try to recover, Gold heading for new lows – Elliott Wave Analysis

GBP/USD could try to recover, Gold heading for new lows – Elliott Wave Analysis

GBPUSD is now trying to recover, following the footsteps of the EURUSD swings. On the chart below we are looking at an incomplete corrective move that can be flat if we consider a three wave drop from the 1.7098 high. With that said, i would not be surprised to see a rally back to 1.7100

EUR/USD: hammer pattern forming on the daily chart

EUR/USD: hammer pattern forming on the daily chart

Volatility has returned to EUR/USD: after a series of falls accompanied by “dead cat bounces”, the pair seems to have made a final dip that was followed by a quick reversal and a bounce above the previous levels. When we zoom out to the daily chart, a textbook hammer pattern is forming. This is a

How to Profit from a Falling Dollar

How to Profit from a Falling Dollar

It pays to be the only major power in a world war to avoid fighting on native soil. The United States emerged from World War II in just such a position as the only economy standing. In an agreement hammered out in Bretton Woods, New Hampshire in 1944, forty-four world nations agreed to hitch their