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real time forex news and technical analysis

Technical analysis - Sell the British pound on weakness

Tech analysis by Simon Kazinsky on 15:59 EST December 05, 2019
The British pound has been strong lately, managing to recover against the dollar from its double bottom around 1,20 made in the second part of August to comfortably above the 1,30 level it trades as we end the decade.

U.S. Dollar supported by inflation data

News by Newsroom on 11:16 EST November 13, 2019

The Dollar built on earlier gains Wednesday after inflation figures surprised on the upside for the month of October and as investors grew uneased over White House trade policy in the wake of President Donald Trump's speech to The Economic Club of New York.

Uber shares tumble 5% on $1.16 billion quarterly loss

News by Newsroom on 21:18 EST November 04, 2019
Uber Technologies Inc.

Bigger discounts from retailers boosted shopper demand for goods in October in the UK

News by Newsroom on 20:44 EST November 04, 2019

Retail sales were boosted in October as stores offered bigger discounts to tempt disengaged shoppers into making purchases, according to the BRC (British Retail Consortium)-KPMG retail sales monitor report released today.

Dollar resume gains across the board

News by Newsroom on 17:00 EST November 04, 2019

The dollar index rose on Monday, after five straight days of losses, with investors more guarded despite increased risk appetite that helped U.

German manufacturing stuck in recession while factory job losses at 10 year high

News by Newsroom on 04:06 EST November 04, 2019

Germany’s manufacturing sector remained stuck in recession in October as new orders fell for the 13th month running and factories slashed jobs at the fastest pace in almost 10 years, a survey showed on Monday.

Bitcoin being dumped again, the demise increasingly near

Article by Allie Longford on 15:07 EST Octuber 24, 2019
The most senior of all crypto currencies continues to sink this week and trades below $7,500.

Technical analysis - Are stocks finally reaching a top

Tech analysis by Simon Kazinsky on 21:27 EST Octuber 13, 2019
News outlets are playing the recession drums but, are stocks replicating this sentiment? .

US weak Inflation sends dollar down and stock futures up

News by Newsroom on 10:45 EST Octuber 10, 2019

Collapsing energy costs kept US consumer steady last month according to government data released today.

Futures and the dollar higher after mixed Non farm payrolls - here is the data

News by Newsroom on 08:36 EST Octuber 04, 2019
Fewer than anticipated jobs created in September.

Stocks weaker after US manufacturing confirms steep slowdown

News by Allie Longford on 10:12 EST Octuber 01, 2019
The S&P500 index lost 20 points right after the ISM Manufacturing fell to 47.

[Technical analysis] EURUSD could accelerate loses in October

Tech analysis by Simon Kazinsky on 19:29 EST September 27, 2019
The dollar holds a lot of momentum while the Euro remains weak against most of the main world's currencies and now that the short term rally wanes we could see the downtrend getting legs.

[Technical analysis] The slippery road for the British pound

Tech analysis by Simon Kazinsky on 06:00 EST September 27, 2019
The pound has enjoyed a short term recovery but it is, by no means, out of the woods.

Not that many jobs created in the US in July but inline with expectation, NFP is out

News by Newsroom on 08:34 EST August 02, 2019
164,000 new jobs created in line with expectations below the 214,000 the previous month, unemployment rate remains at 3.

Guess what, a depreciating currency does not bring an increase in GDP as UK shows

News by Allie Longford on 10:03 EST August 01, 2019

The pound is hitting multi years lows against the world's main currencies yet the Bank of England just downgraded its forecast for UK growth.

Federal Reserve chairman signals cut in US interest rates

News by Allie Longford on 10:41 EST July 10, 2019

The dollar took a dive against a basket of currencies and the major share indexes opened higher after Fed Chairman Powell's prepared remarks ahead of his testimony whil  2-year yields dropping 7bps in the 5 minutes since the release.

British pound to fall below parity with US dollar

Tech analysis by Simon Kazinsky on 19:18 EST July 08, 2019
The pound remains one of the weakest currencies as the dollar index doesn't look back.

Federal Reserve holds rates but signals cuts possible later this year

News by Allie Longford on 14:45 EST June 19, 2019
The US Federal Reserve held interest rates steady on Wednesday (Jun 19) but signalled possible rate cuts of as much as half a percentage point before year end in response to economic uncertainty and a drop in expected inflation.

EURUSD falls as predicted by technical analysis

Tech analysis by Simon Kazinsky on 12:24 EST June 14, 2019
Can't ask for more.

Bullard says Fed may cut rates if inflation keeps disappointing

News by Newsroom on 12:50 EST May 22, 2019

James Bullard, President of the Federal Reserve Bank of St Louis said on Wednesday that further weakness in inflation could prompt the U.

Wedges are gonna wedge

Tech analysis by Simon Kazinsky on 11:12 EST May 02, 2019
The Standard and Poors 500 index has been developing a nice ascending wedge since reaching the 2800 level in mid February.

Dollar reigns as the European powerhouse sends gloomy signal

News by Newsroom on 09:20 EST April 24, 2019

German business sentiment deteriorated in April as the mood among manufacturers "worsened markedly," the Ifo Institute said Wednesday, dampening expectations of an impending pickup in Europe's largest economy.

Australian dollar showing weakness at key resistance

Tech analysis by Simon Kazinsky on 10:43 EST April 18, 2019
The Australian dollar has been appreciating since the beginning of the year but this may be coming to an end.

Euro declining as manufacturing in a slippery slope in Germany

News by Newsroom on 10:29 EST April 18, 2019

EUR/USD extended on Thursday  its falls after US retail sales beat expectations with 1.

US retail sales post biggest gain in 18 months

News by Newsroom on 10:23 EST April 18, 2019

The Commerce Department said on Thursday retail sales surged by an impressive 1.

Forex brokers Plus 500 and CMC markets losing millions

News by Allie Longford on 09:13 EST April 13, 2019
Retail brokers are having a hard time after EU regulation put an end to the worst tactic used to separate amateur investors from their hard earned money.

Pound breaks lower as Brexit plan rejected by the UK parliament for3rd time. Hard Brexit looms.

News by Newsroom on 10:51 EST March 29, 2019
Theresa May's agreement with the EU has been rejected by Westminster on Friday afternoon for third time.

EURUSD and the resistance rejection we have been waiting for

Tech analysis by Simon Kazinsky on 05:31 EST March 22, 2019
When one is looking at a weekly chart things can move pretty slow, particularly if the instrument is in a consolidation stage.

How is Bitcoin doing lately?

Tech analysis by Simon Kazinsky on 21:50 EST March 17, 2019
Bitcoin has been enduring a painful decline ever since derivatives of the crypto currency started to be traded in major stock exchanges at the end of 2017 but it is sporting at least a temporary breather.

Because technical analysis don't work

Tech analysis by Simon Kazinsky on 14:22 EST February 21, 2019
The SP500 index has tested for fourth time the upper side of the trend channel.


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