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Forex Signals

EUR/USD Signal - U.S. Consumer Prince Index - 12 Dec 2018

The Euro lost almost 100 pips amid political turmoil in Europe and we may see further drops ahead of key events scheduled this Wednesday. The main risk event is the meeting between EU's Juncker and Italian PM Conte, they will discuss Italy's budget. Traders will also eye US CPI report for November which will be released at 13:30 GMT later on today.

USD/JPY Signal - US Nonfarm Payroll report - 07 Dec 2018

Despite BoJ Governor Kuroda ruled out additional stimulus, the Japanese Yen continues to gain power since hit the 114.00 level and now USDJPY is close to return on 112.00 level. Today, forex traders will eye the release of Nonfarm payrolls and Unemployment rates in the US to see some impetus into the market.

EUR/USD Signal - ECB President Draghi speech - 29 Nov 2018

Yesterday, the major pair jumped over 100 pips after dovish comments from Fed's chairman Powell. Today, traders will eye the speech of ECB President Draghi who is scheduled to speak at 08:00 GMT. We see little room for more gains on the EURUSD and expected recovery in the aftermath.

GBP/USD Signal - BoE Governor Carney speech - 28 Nov 2018

The British pound is trading lower since reached 1.2920 high a week ago. Despite all the Brexit enthusiasm we see a possibility for the GBPUSD to remain under pressure. The EU approved the deal but still it needs to pass in the UK Parliament. Today, the Bank of England releases its Financial Stability Report.

EUR/USD Signal - U.S. GDP Annualised Q3 - 28 Nov 2018

The U.S. dollar looks strong ahead of the US third quarter GDP release that is scheduled for 13:30 GMT later on today. Traders will also eye Fed's Powell speech to get some insights into the market. Looking on the chart, we can see EURUSD is currently trading at around 1.1300 with more pressure likely to come for the common currency.

USD/JPY Signal - Japan National CPI - 21 Nov 2018

USDJPY is moving down from tops 114.10 to reach 112.30 level where made correction. Currently, the pair is trading at around 112.90 and the resurgent U.S. dollar demand might not continue long. With important data coming from Japan, including the National CPI report, we expect USDJPY to resume the downtrend.

EUR/USD Signal - European Commission decision on Italy - 21 Nov 2018

The Euro bounced from 1.1220 lows to reach 1.1450 level where the pair maid correction. Today, the European Commission will response to Italy's draft budget as the country refuses to reduce the planned deficit. Despite the tension between the EU and Italy, we would expect EURUSD to continue north.
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