Technical Analysis
Technical analysis is a way of predicting the future forex market movements based on previous market movement patterns and trends. From a Technical Analyst’s viewpoint all fundamental aspects are already a part of the previous market movements and therefore needs no special consideration. The main tool by which to analyse the forex market is forex charts.
Small USDJPY Top and AUDUSD Roll Lower
A strong tone Wednesday for the Japanese yen, with a USDJPY break lower, through notable support. This has signalled a short-term top and…
EURUSD Bases, With Upside Bias; But GBPUSD Bearish Threats Intact, Despite Bounce
A surging rally for EURUSD in the wake of the ECB Meeting on Thursday, with a rate cut and expansion of the bond-buying…
EURUSD and GBPUSD Bearish Risks
A still more negative theme has started to develop through mid-November for both the Euro and GB Pound versus the US currency. EURUSD…
AUDUSD and NZDUSD Bear Pressures Intact
The November plunge lower for both the Australian and New Zealand Dollars versus the US currency have reinforced negative themes, within broader range…
European Currencies Suffer Far More Bearish Shifts versus USD
Both the Euro and Great British Pound suffered significant losses and breaches of important technical support in early November. This now sets an…
NZDUSD and USDJPY Signalling a More Bullish US Dollar Tone
Through October, NZDUSD retained a far more bullish outlook, whilst USDJPY had remained defined by an erratic consolidation phase. However, US currency strength…
AUDUSD, USDCAD and USDJPY Range Bound Post-FOMC
AUDUSD, USDCAD and USDJPY remains caught within broader range themes into early November in the wake of the late October FOMC meeting. Although…
G3 Paralysis
EURUSD and USDJPY remains caught within erratic ranges in the very near term, with short term (one week) positive US$ corrections. However, we…
NZDUSD Bull Theme Intact and AUDUSD Threat of a More Bullish Shift
Although we see risk of a corrective consolidation lower for both the New Zealand and Australian Dollars, we still see an underlying positive…
USDJPY and EURUSD Erratic Consolidation
Erratic, indecisive consolidation has become the dominant theme for the US$ within G3 (that is USD, EUR and JPY). We look for EURUSD…
Both Canadian and New Zealand Dollars Reject Positive Tone to Leave Bearish Risks Against the US Currency
Despite the Canadian & New Zealand Dollars gaining ground versus the US Dollar after the FOMC decision and statement on Thursday 17th September,…
US Dollar Plunges Post-FOMC Minutes Versus EUR, JPY and Stays Vulnerable Against GBP
The US currency has endured significant losses against the Euro, Japanese Yen and to a lesser extent the GB Pound since the Wednesday…
AUDUSD Resilient Tone into Consumer and Trade Data
Thursday 4th June at 11.30 a.m. local time sees the release of the Australian Retail Sales and Trade Balance data. The reaction to…
GBPUSD Resilient Consolidation into Manufacturing PMI Data
On Friday 1st May at 9.30 am BST (GMT+1) local time the Manufacturing PMI Data for the UK is released. Although we see…
NZDUSD Poised into Key Chinese Purchasing Managers Data
On Thursday 23rd April (at 2.45 a.m. UK time) the market sees the release of the HSBC Flash China Manufacturing PMI. Of the…
 Between 74-89% of CFD traders lose
Between 74-89 % of retail investor accounts lose money when trading CFDs
|
|
||||
 Your capital is at risk
Europe* CFDs ar...
|
|
||||
 Your capital is at risk
|
|
||||
 Your capital is at risk
|
|
||||