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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.

Forex Signals Binary Signals

BTC/USD crypto signal - Market correction - 25 Apr 2018

BTC/USD crypto trading 25 Apr 2018
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In the last few days, the Altcoins have been very strong, pushing the Bitcoin prices north. The bulls kept buying at higher lows, and the BTCUSD almost touched 10,000 before it retraced some of the gains. Currently, we can see a significant market correction, and it will be interesting to follow the buyers’ reaction.

USD/CAD binary signal - BoC President Poloz Speech - 25 Apr 2018

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Following the rally toward 1.2838, the currency pair was seen stalling. In the near term, we expect to see a pullback. Therefore, we are looking to purchase daily PUT options in USDCAD at 1.2820 for a 21:00 GMT expiry time.
We expect that USDCAD is most likely to post a correction to the downside and thus close lower on the day.

EUR/JPY binary signal - Rising wedge pattern - 23 Apr 2018

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We can see some signs of weakness in EURJPY. The currency pair was continuously falling in February and March and after failed to make an inverse head and shoulders, it is now moving in a rising wedge pattern, which is also a sign of exhaustion. Therefore, we would purchase daily Put options at 132.30 for 21:00 GMT expiry, as we expect EURJPY to close lower on the day.

ETH/USD crypto signal - Target remains to the upside - 23 Apr 2018

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Ethereum has managed to maintain the solid gains posted over the last month. After what seems to be evidence of a bottom being formed prices of Ethereum have been steadily rising over time. As mentioned in the previous commentaries, Ethereum prices are all set to test the $700 price level in the near term.

EUR/USD forex signal - Eurozone flash manufacturing and services PMI - 23 Apr 2018

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We expect the EURUSD pair to retrace the losses in the near term. This could potentially signal a retest back to the breached support level at 1.2300. Therefore, we are looking to short EURUSD at 1.2300 with stops around 1.2320 while targeting the lower support level at 1.2243.

USD/CAD binary signal - BoC President Poloz Speech - 23 Apr 2018

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While the central bank had left interest rates unchanged, the BoC signaled that further rate hikes are due later this year. Therefore, in this context today's speech by Poloz could offer more clues for the markets on the timing of the next rate hike and the inherent risks to policy tightening.

USD/CAD binary signal - Canada Retail Sales and CPI - 20 Apr 2018

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Today's binary signal is USDCAD, the currency pair had previously formed a bottom near 1.2579 - 1.2542 level before lifting higher. We expect the bullish momentum to be maintained in the near term. The monthly inflation report from Canada will be released today at 12:30 GMT by Statistics Canada.

USD/CAD forex signal - Bank of Canada Monetary Policy Decision - 18 Apr 2018

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The Bank of Canada will be holding its monetary policy meeting today at 14:00 GMT. According to the economists polled the Canadian central bank is expected to keep interest rates unchanged at 1.25% at today's meeting. The expectations for no rate hike come amid increasing uncertainty on trade talks with the United States.

USD/JPY binary signal - U.S. building permits - 17 Apr 2018

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Today's binary signal is USDJPY, the U.S. dollar was seen trading weak on the day despite improving market sentiment. Investors were initially cautious on potential reaction from the Russian authorities on the targeted air strikes by the U.S. and its allies on Syria over the weekend.

BTC/USD crypto signal - Bitcoin prices have carved a bottom - 16 Apr 2018

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The recent uptick in the price of Bitcoin is slowly bringing the market chatter back whether Bitcoin prices have carved a bottom. While it is too early to tell, analysts and market watchers have been trying to attribute the rebound in Bitcoin prices to a number of factors.

EUR/USD binary signal - U.S. Retail sales - 16 Apr 2018

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Today's binary options trading signal is EURUSD, the currency pair was seen trading subdued on Friday. The markets opened this morning to the news about the U.S. air strikes in Syria which is likely to keep the risk appetite in check. The retail sales report is expected to be released at 12:30 GMT for the month of March by the U.S. department of Commerce.

EUR/USD binary signal - Germany Final Inflation - 13 Apr 2018

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Besides the inflation report for Germany, the Eurozone trade balance data will also be released. The trade balance figures comes at a time when the U.S. President Trump has been aggressive in renegotiating trade terms that are more favorable for the U.S. A bigger than expected trade surplus could potentially attract focus from the U.S. administration.

EUR/GBP binary signal - ECB Meeting minutes - 12 Apr 2018

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Later in the day, the BoE Governor Carney is also expected to speak. His comments come ahead of the BoE's monetary policy meeting in the month of May where rates are expected to rise. With the ECB meeting minutes, the euro currency would be looking to close higher on the day against the British pound.

GPB/USD forex signal - U.S. Producer Prices Index - 10 Apr 2018

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Today's forex trading signal is GBPUSD, the currency pair was seen posting some strong gains yesterday led by a weaker U.S. dollar. Price action briefly tested the upper resistance at 1.4162 before easing back. The producer prices index data will be released today at 12:30 GMT.
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