Signals

We publish forex signals once we see a good trading opportunity. The signals are free and updated in real time by our team of traders. The fundamental factors and the technical levels are always at the forefront, and this is why it is key to have both sides of the picture. To get the most out of forex trading, one has to be flexible in his approach and look constantly for new opportunities to correctly predict the market. You can download our free app for instant notifications.

USD/JPY Signal - US Core Personal Consumption - 28 Jun 2019

USDJPY is trading near 107.70 level ahead of G-20 meeting in Japan. The doji candle on the daily chart is a sign of indecision. The next large move will probably depends on the outcome from Saturday's Xi-Trump meeting. Today, forex traders will watch closely the US Consumption data for some fresh impetus.

Submitted by Toni H. on Fri, 28 Jun 2019 08:11:03 GMT

USD/JPY Signal - US Gross Domestic Product Q1 - 27 Jun 2019

USDJPY is trading close to 107.80 amid US-China trade truce. The Yen is losing ground, sending USDJPY higher on reports about US-China agreement. Traders will also follow closely the US Gross Domestic Product Q1 for some fresh impetus.

Submitted by Toni H. on Thu, 27 Jun 2019 10:59:04 GMT

EUR/USD Signal - German Harmonized CPI - 27 Jun 2019

EURUSD is trading near 1.1370 ahead of the Harmonized CPI figures. The euro might get some bids if the German inflation data beats estimates. Forex traders will also watch closely the US GDP Q1 report which is scheduled later today.

Submitted by Toni H. on Thu, 27 Jun 2019 10:40:30 GMT

USD/JPY Signal - Chief Powell will talk monetary policy - 25 Jun 2019

USDJPY is trading lowest since January ahead of Fed's Powell speech. The pair might plunge even further amid speculation of rates cut as soon as next month. The safe-haven yen might also pick up a bid in response to President Trump's comments about the defense treaty with Japan.

Submitted by Toni H. on Tue, 25 Jun 2019 16:15:11 GMT

EUR/USD Signal - Fed's Powell speech - 25 Jun 2019

EURUSD closed bullish four days in a row after Fed's rate cut comments. The gold is also trading higher at 1425, the yellow metal is moving up for sixth straight sessions amid broad-based dollar sell-off. The euro might also continue north if Fed's Powell reinforces rate cut expectations.

Submitted by Toni H. on Tue, 25 Jun 2019 12:22:06 GMT

EUR/USD Signal - German IFO survey - 24 Jun 2019

EURUSD is trading near 1.1390 level after some mixed German IFO data. Today, the market sentiment will be driven mainly from the price action amid lack of economic events. The pair already found acceptance above 1.1320 and it is looking above 1.1400 level.

Submitted by Toni H. on Mon, 24 Jun 2019 11:18:06 GMT

EUR/USD Signal - German Manufacturing PMI - 21 Jun 2019

EURUSD might test 1.1320 level on the European session opening. If we see disappointing Manufacturing PMI data from Germany, the pair might change its direction south. Forex traders will watch closely also the Eurozone PMI figures and the US PMI data which is released later on today.

Submitted by Toni H. on Fri, 21 Jun 2019 07:21:22 GMT

GBP/USD Signal - BoE Interest Rate Decision - 20 Jun 2019

GBPUSD is trading higher on Fed's dovish comments. But can we expect a dovish stance from Bank of England as well? Currently, the markets are pricing BoE's rate-hike bias, but governor Carney might speak of rate cuts instead, because of global economic slowdown.

Submitted by Toni H. on Thu, 20 Jun 2019 10:35:13 GMT

EUR/USD Signal - Fed Interest Rate Decision - 20 Jun 2019

Yesterday, the dovish Fed sent the euro higher up to 1.1250 level. Today, EURUSD might test 1.1300 level during the European session on the broad-based dollar sell-off. Traders will also follow the US jobs data for some fresh impetus.

Submitted by Toni H. on Thu, 20 Jun 2019 05:23:22 GMT

GBP/USD Signal - BoE Governor Carney speech - 18 Jun 2019

GBPUSD is trading lower near 1.2540 ahead of Governor Carney's speech and Conservative voting. The British pound continues to be under pressure amid political uncertainty and doubts over the new Prime Minister. With Boris Johnson leading the race, a possible hard Brexit will weight on the UK economy.

Submitted by Toni H. on Tue, 18 Jun 2019 07:59:54 GMT

EUR/USD Signal - ECB President Draghi speech - 18 Jun 2019

EURUSD is trading near 1.1240 ahead of a busy day in Europe. Traders will watch closely President Draghi's speech and key German data. The ZEW survey is expected to show more pessimistic investors in the German area. Meanwhile, ECB President Draghi has little room to sound hawkish.

Submitted by Toni H. on Tue, 18 Jun 2019 06:49:35 GMT

EUR/USD Signal - US Retail Sales - 14 Jun 2019

EURUSD is trading near 1.1260 ahead of the US Retail sales data. The slowdown in the Chinese economy might send the euro further down. Forex traders will focus on the US Retail sales figures for some fresh impetus, a better than expected US data will probably strengthen the dollar.

Submitted by Toni H. on Fri, 14 Jun 2019 11:42:33 GMT

USD/JPY Signal - US Inflation data - 12 Jun 2019

USDJPY is trading near 108.30 level amid fresh US-China trade tensions. The save-haven Yen attracts more interest because of Trump's trade threats, USDJPY dropped from 112.00 highs to 108.00 level. However, we might see today some short term recovery for the U.S. dollar supported by better inflation data.

Submitted by Toni H. on Wed, 12 Jun 2019 12:00:53 GMT

EUR/USD Signal - ECB President Draghi speech - 12 Jun 2019

EURUSD is trading lower at 1.1320 level, forex traders reacted negative on the euro after today's Draghi comments. The focus in now on the US CPI data which is expected to remain unchanged at 2.1% YoY. A better than expected US inflation numbers might send the U.S. dollar higher.

Submitted by Toni H. on Wed, 12 Jun 2019 10:44:47 GMT

USD/JPY Signal - US Average Hourly Earnings - 07 Jun 2019

USDJPY is trading near 108.50 level ahead of the US jobs data. A big miss on the labor market data would further increase expectations of Fed rate cut. Today, forex traders will watch closely the Nonfarm payrolls and the wage growth data from the US.

Submitted by Toni H. on Fri, 07 Jun 2019 12:17:05 GMT

EUR/USD Signal - US Nonfarm Payrolls - 07 Jun 2019

EURUSD is trading near 1.1270, the pair looks for direction ahead of the US NFP. Yesterday, despite President Draghi dovish comments, the euro jumped to 1.1300 level. The ECB's decision to set higher interest rates on the new funding scheme turned positive for the common currency.

Submitted by Toni H. on Fri, 07 Jun 2019 11:57:08 GMT

EUR/JPY Signal - ECB Monetary Policy statement - 06 Jun 2019

EURJPY is trading near 121.60 ahead of the ECB monetary policy meeting. Earlier today, the Eurozone GDP data came as expected. The European Central Bank is likely to keep the interest rates unchanged until the end of the year and they might push it even further.

Submitted by Toni H. on Thu, 06 Jun 2019 09:39:19 GMT

EUR/USD Signal - ECB Interest Rate Decision - 06 Jun 2019

The European Central Bank is less likely to sound hawkish as we saw yesterday's market reaction. EURUSD lost over 80 pips during the US trading session and we might see the pair drops further if the ECB President Draghi sounds extra dovish.

Submitted by Toni H. on Thu, 06 Jun 2019 09:28:00 GMT

GBP/USD Signal - UK Marking Service PMI - 05 Jun 2019

The British pound was boosted by the upbeat UK services PMI print. We might see GBPUSD getting some bids if the US ADP employment data comes short. Forex traders will also follow closely the US Non-manufacturing PMI data and President Trump's "phenomenal" trade deal with Britain.

Submitted by Toni H. on Wed, 05 Jun 2019 12:12:15 GMT

EUR/USD Signal - US ADP Employment - 05 Jun 2019

EURUSD is trading near 1.1250 ahead of the US ADP employment data and Non-manufacturing PMI. Yesterday, the Fed's chair Powell suggested that rates cut is possible amid escalating trade tensions. The euro might hit 1.1300 level if the broad-based US dollar weakness continues.

Submitted by Toni H. on Wed, 05 Jun 2019 11:53:06 GMT