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

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AUDUSD Sees A Selling Opportunity Ahead Of Australia Retail Sales Data

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Australian Bureau of Statistics will report on Retail Sales early Friday at 00:30 GMT. The forecast is to rise by 0.4%, from 0.0% a...
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Tension in the Middle East may affect the US dollar badly!

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We were supposed to talk about this in our weekly outlook. ِAnyway, I believe that the tension between the United States and Iran may...
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Market Weekly Outlook Jan 06 2020

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This is the first full trading week in 2020. The world will focus primarily on the tension between Iran and the United States. Any...
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USD Takes A Break On Negative ISM Manufacturing PMI

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With the beginning of the new year, the U.S dollar started an upward move. The negative economic news from the euro and Britain today...

U.K Construction PMI Down At 44.4 In Dec GBPUSD Continues Falling

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The U.K Construction PMI falls 44.4, from 45.3 in the preceding month. Missing forecast of 45.9 in the last month. This development keeps the...

German Unemployment Change At 8K EURUSD Extends Corrective Pullback

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The German Unemployment Change rose 8K, from -16K in the previous month. passing a forecast of 2K. This development keeps the EURUSD under pressure....
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USDCAD Sees A Selling Opportunity Ahead Of Canada Retail Sales Data

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The outlook in USDCAD remains on the downside as long as 1.3157 resistance holds on a daily closing basis. Support comes at 1.3100 levels....
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Market Weekly Outlook Dec 16 2019

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It's the last full trading week in 2019. Seems like it will be a British week, the focus will be on Brexit developments after...
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GBPUSD: Around Critical Resistance 1.2500 Medium-Term Forecast

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The GBPUSD maintained a bullish momentum last week. Opened at 1.2268 levels. Closed at 1.2500 Levels. Now the focus will turn to 1.2500 levels....

FOMC: Uncertainty About Next Rate Cut…U.S Dollar Consolidates With Upside Bias!

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The Federal Reserve Board and the Federal Open Market Committee on Wednesday, Aug 21 released the attached minutes of the Committee meeting held on...