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Forex News

GBP/USD steady above 1.3100 ahead of UK PM Johnson-EU Chief meet

GBP/USD stays mildly bid while failing to respect the previous day’s declines. The pair earlier marked a soft response to the US-Iran, Brexit headlines. Despite not specifically scheduled for Brexit talks, the ...

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Uncategorized

Goods and services deficit was $43.1 billion in November vs. $43.8 billion expected

The US’ trade deficit with the world declined by $3.9 billion in November. US Dollar Index continues to push higher toward 97. The goods and services deficit of the United States narrowed to $43.1 billio...

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Forex News

ISM Non-Manufacturing PMI improves to 55 vs. 54.5 expected

ISM Non-Manufacturing rose to 55 in December from 53.9. US Dollar Index extends rebound beyond the 97 mark. The business activity in the US’ service sector expanded at a strong pace in December with the ...

ISM Non-Manufacturing employment component suggests a solid read for NFP – Wells Fargo
Fundamental Forex Analysis

ISM Non-Manufacturing employment component suggests a solid read for NFP – Wells Fargo

The US ISM Non-manufacturing PMI index rose to 55.0 in December, above expectations. This report should calm fears of weakness in the ISM manufacturing index spilling into the service sector, argued analysts at...

Trade of the Day: AUD/CAD
Autochartist analytics

Trade of the Day: AUD/CAD

By: Dima Chernovolov AUD/CAD recently broke the key support level 0,8992, which was previously identified by Autochartist on the hourly charts. Autochartist rates the Significance of this key level at the 4-bar...

Trade of the Day: GBP/JPY
Autochartist analytics

Trade of the Day: GBP/JPY

By: Dima Chernovolov GBP/JPY continues to rise inside the 4-hour Ascending Triangle chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Ascending Triangle at th...

Trade of the Day: AUD/JPY
Autochartist analytics

Trade of the Day: AUD/JPY

By: Dima Chernovolov AUD/JPY continues to fall inside the clear daily Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 5-bar lev...

Trade of the Day: USD/CHF
Autochartist analytics

Trade of the Day: USD/CHF

By: Dima Chernovolov USD/CHF continues to rise inside the clear 30-minute Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 5-bar...

Trade of the Day: EUR/JPY
Autochartist analytics

Trade of the Day: EUR/JPY

By: Dima Chernovolov EUR/JPY continues to fall inside the uniform 30-minute Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the...

Trade of the Day: EUR/AUD
Autochartist analytics

Trade of the Day: EUR/AUD

By: Dima Chernovolov EUR/AUD continues to rise inside the uniform 4-hour Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 4-bar ...