Daily Forex Analysis and Forecast


ECB's Draghi will not deliver fresh policy steer at Jackson Hole: sources (news: 16/08/17)
ECB's Draghi will not deliver fresh policy steer at Jackson Hole: sources (news: 16/08/17)

Today's pressECB's Draghi will not deliver fresh policy steer at Jackson Hole: sources FRANKFURT (Reuters) - European Central Bank President Mario Draghi will not deliver a new po...

Daily analytical report (16/08/17)
Daily analytical report (16/08/17)

After an interesting seven days of trading, volatility has subsided and now we have some time for one camp to lick their wounds and for the other to take a rest and count their profi...

British data puts the euro under pressure
British data puts the euro under pressure

Volatility on the euro/dollar pair during the European session is off the charts. At the beginning of the session, the single currency rose to 1.1758 before dropping to 1.1691 (-67 p...

Pound trying to hold steady after steep decline
Pound trying to hold steady after steep decline

The British Pound is trying to steady its stance at 1.28, after stronger than expected UK wage growth figures spared it from further losses, following a heavy decline noted in the la...

One set of data not enough to boost bullish dollar bets
One set of data not enough to boost bullish dollar bets

Developments in the last 48 hours have finally given dollar bulls much-needed motivation to send the greenback higher. It started on Monday, with upbeat comments from New York Fed Pr...

Markets Welcome Risk-On Sentiment
Markets Welcome Risk-On Sentiment

With tensions abating between the US and North Korea USD bulls returned. A North Korean media report indicated that dictator Kim Jong Un had decided not to launch a threatened missil...

EURUSD: correction to continue to the LB line
EURUSD: correction to continue to the LB line

Previous: On Tuesday the 15th of August, trading on the euro/dollar pair closed in the red. In the US session, the euro fell against the dollar to 1.1687. Strong retail sales data c...

RBA poised to act in current market
RBA poised to act in current market

The Australian dollar continues to be in a bit of a freefall as traders rally on the back of a resurging USD as well as a risk-off attitude when it comes to commodity currencies as o...

Solid U.S retail sales boost Dollar’s recovery
Solid U.S retail sales boost Dollar’s recovery

The Greenback roared back to life on Tuesday, after U.S retail sales advanced in July by the most so far this year.Sales at U.S retailers smashed market expectations by jumping 0.6% ...

Forex - Dollar extends gains on upbeat U.S. retail sales data (news: 15/08/17)
Forex - Dollar extends gains on upbeat U.S. retail sales data (news: 15/08/17)

Today's pressForex - Dollar extends gains on upbeat U.S. retail sales data Investing.com - The dollar extended gains against the other major currencies on Tuesday, helped by the r...

Daily analytical report (15/08/17)
Daily analytical report (15/08/17)

The market is back in Risk-On mode. No nukes were fired, no islands were bombed, no countries were invaded. It’s for this reason that we’re now only seeing buying on risky assets and...

The pound is falling after inflation data
The pound is falling after inflation data

In the European session, the US dollar is trading up against all the majors. Demand for the dollar surged on the back of a rise in US 10Y bond yields to 2.248%. The downwards movemen...

EURUSD: dollar attacking on all fronts
EURUSD: dollar attacking on all fronts

Previous: Trading on the euro/dollar pair closed down on Monday. Sellers almost completely annulled Friday’s gains. The euro fell against the dollar to 1.1770, after which a phase o...

Sterling on standby ahead of inflation data
Sterling on standby ahead of inflation data

Sterling lost ground against a broadly stronger Dollar during Monday’s trading session, with prices dipping towards 1.2950, as the ongoing uncertainty surrounding Brexit weighe...

Risk Appetite Returns
Risk Appetite Returns

North Korea’s official news agency reported on Monday that leader Kim Jong Un will watch the actions of the United States for a while longer before making a decision to fire missiles...

Bitcoin soars to fresh record highs past $4,200 (news: 14/08/17)
Bitcoin soars to fresh record highs past $4,200 (news: 14/08/17)

Today's pressBitcoin soars to fresh record highs past $4,200 Investing.com - The price of the digital currency Bitcoin rose above the $4,200 level on Monday for the first time in ...

Dollar recovering losses on all fronts
Dollar recovering losses on all fronts

On Monday, during the European session, the US dollar corrected across the market on the back of a rise in US bond yields. US 10Y bonds grew by 1.21% to 2.223%. The euro/dollar rate ...

Short-term trading idea FX GBPJPY – bull speculation: rebound from the trend line
Short-term trading idea FX GBPJPY – bull speculation: rebound from the trend line

Trading opportunities on the currency pair: On Friday, the 11th of August, trading on the GBPJPY pair closed around the TR3 trend line. In this idea, I’ll be looking at the possibili...

Short-term trading idea FX USDJPY - bull speculation: possible rebound from the lower boundary of the C-C channel
Short-term trading idea FX USDJPY - bull speculation: possible rebound from the lower boundary of the C-C channel

Trading opportunities on the currency pair: Despite the rise in geopolitical tensions between the US and North Korea, some technical bullish signals are being seen on the US dollar. ...

EURUSD: correction to the 45th degree
EURUSD: correction to the 45th degree

Previous: On Friday, trading on the euro/dollar pair closed up above 1.18. Before a sharp jump, the pair had fallen to the LB. The dollar fell across the market after US inflation d...


Daily Forex market review helps to predict the market's behavior

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