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USD pairs are still on hold for a clear direction. Early Tuesday intraday trading indicates continued weakness, but there are strong support/resistance levels ahead. The next couple of days will be...
Australia's manufacturing sector extended declines for the 23rd consecutive month in May but the pace of contraction slowed. The Australian Industry Group (Ai Group) performance of manufacturing index...
So far there have been no surprises – consolidation is the name of the game this morning before ‘helicopter’ Ben gets to his press conference. The G10 major currencies have...
EUR/USD is steady in Wednesday trading, as the pair tests the 1.34 line in the European session. It has been an uneventful week for the euro so far, but that could change on Wednesday, as the US...
Today sees one of the most critical and highly anticipated FOMC days in a long time, as we are in the midst of the pivot from an ever accommodative Fed. The only high probability outcome is high...
4 Hourly ChartUSD/SGD rallied yesterday during US trading hours despite the weakening of USD that was spotted on majors such as AUD/USD and EUR/USD. This should be a sign that bullish sentiment is...
We have finally reached ‘Fed Day’ and are only a few hours away from knowing the Federal Open Market Committee’s latest thoughts on whether the US economy is in good enough shape to...
EUR/USDEuropean Central Bank President Mario Draghi said the central bank is considering further non-standard monetary policy tools, and will deploy them if circumstances warrant. Draghi has in recent...
CA Core CPI is an high impact release that CAD traders often pay close attentions to. With the USD possibly taking a backseat in the endless debate of tapering, maybe the fundamentals of Canada will...
Japan’s exports grew by 10.1% in May from a year earlier, the most since 2010. A weak yen helped boost Japan’s economy. Asian stocks rose on the news, with the Nikkei opening 1.7% higher....
EUR/NZD continues to rise after the recent breakout of the Flag chart pattern identified by Autochartist on the 4-hour charts – as you can see from the following trade opportunity alert that I...