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The latest technical and fundamental analysis that affect the currency market.

USD against USDCAD-65989

USDCAD: Bullish Ahead Of Canada Retail Sales Data

The USDCAD maintained a bullish momentum yesterday, bottomed at 1.3035 levels, and topped at 13151 levels. Now the focus will turn to 1.3151 levels....

USDCAD Consolidates With Downside Bias Ahead Of BoC Meeting Minutes

The Bank of Canada will announce its benchmark interest rate and publish a rate statement today at 15:00 GMT. Interest Rate is expected to...
Forex - Uk - pound

GBPUSD Halts Downside On Strong U.K Employment Report

The U.K Employment Report comes strong today. Average Earnings Index +Bonus (Nov) released at 3.2% as the previous month. passing a forecast of 3.1%...
Forex - Bank of Japan -65984

Yen Rises As Bank of Japan Boosts Its Growth Forecast

The yen inched up after the Bank of Japan kept its short-term interest rate target at minus 0.1%. And its pledge to guide 10-year...

Market Weekly Outlook Jan 20 2020

In the week ahead; Investors will shift their focus to central banks meeting in Japan, Canada, and the Euro-Zone. From the U.K, the focus...
EURO- dollar -6598745454

EURUSD Consolidates With Downside Bias, Forecast For 2020

The long-term outlook in EURUSD remains neutral with risk to the downside. Support comes at the 1.0507 levels ( high of 2002) while resistance...
Forex- 456878yyu

GBPUSD Loses Recovery Steam As U.K. Retail Sales Disappoint

The U.K. Retail Sales fell - 0.6% as the previous month. Missing forecast of 0.5%. This development puts the GBPUSD under heavy pressure. The...

Will USD halt downside on strong U.S retail sales data?!

The U.S data comes green today. Retail sales data stands at 0.3% as expected. Core Retail Sales rose by 0.7%, from 0.1% in the...
Forex -65985455

Market Weekly Outlook Jan 13 2020

In the week ahead; the global financial markets will shift their focus to Thursday's ECB Publishes Account of Monetary Policy Meeting. From the United...
Forex -dollar -6598956

U.S Nonfarm Payrolls Down 145K In Dec Buy USD On Dips!

The U.S Nonfarm Payrolls fell 145K, from 256K a month earlier. Missing a forecast of 164K. The Unemployment Rate remained unchanged as the previous...