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DailyFX - Daily Briefings

Daily Briefings
  1. Upbeat U.S. Durable Goods to Keep EUR/USD Contained Within Range
    A rebound in orders for U.S. Durable Goods may prop up the greenback and keep EUR/USD within its near-term range as it boost interest rate expectations.
  2. Euro to Look Past IFO Data, May Rise Amid Bets on Greek Funding Deal
    The Euro may ignore German IFO data, rising amid speculation that Eurozone officials will reach a deal on Greek funding at a meeting in Riga.
  3. GBP/USD to Target 1.5150 Objective on Strong U.K. Retail Sales
    Another expansion in U.K. Retail Sales may encourage a larger rebound in GBP/USD as it encourages the BoE to adopt a more hawkish tone for monetary policy.
  4. Pound May Prove More Responsive Than Euro to Eurozone PMI Data
    The British Pound may prove more responsive than the Euro as April’s Eurozone PMI figures show the pace of regional growth continues to improve.
  5. GBPJPY Breakout Eyes 181- Long Scalps Favored Above 179
    GBPJPY has broken through significant technical resistance with our scalp bias weighted to the topside. Here are the updated targets & invalidation levels that matter.
  6. Keep an Eye on GBP-crosses from Here
    The British Pound is exhibiting early signs of ending its month-long slumber.
  7. Gold Looks to US Home Sales Data to Inform Fed Policy Outlook
    Gold is looking to US home sales data to drive Fed policy speculation but a definitive breakout seems unlikely. Crude oil may fall as inventory gains accelerate.
  8. British Pound May Rise as BOE Meeting Minutes Reboot Rate Hike Bets
    The British Pound is likely to rise if minutes from April’s Bank of England policy meeting reflect a hawkish tone shift, boosting interest rate hike speculation.
  9. GBP/USD 1.5000 Resistance Vulnerable to Unexpected BoE Dissent
    A dissent within the BoE may spur a larger rebound in GBP/USD as Governor Carney continues to prepare UK households and businesses for higher borrowing-costs.
  10. AUD/USD Range Resistance at Risk on Sticky Australia Core CPI
    Stickiness in Australia’s core rate of inflation may prompt a rebound in AUD/USD as market participants scale back bets for a RBA rate hike.
  11. GBPCAD Testing Slope Resistance- Long Scalps at Risk Sub 1.84
    The GBPCAD rebound has approached initial resistance just shy of 1.84 with the long-side now at risk. Here are the updated targets & invalidation levels that matter.
  12. EUR/JPY, EUR/USD Triangles Continue to Develop Downside Potential
    Short-term technical indicators are close to turning outright negative for various EUR-crosses.
  13. Euro to Look Past German ZEW Data as Greece Worries Loom Large
    The Euro is unlikely to find follow-through in German ZEW data as Greece worries preoccupy investors ahead of the weekend’s Eurozone summit.
  14. Scalp Webinar: USD Correction In Focus- Kiwi at Risk Sub 7700
    Archive to today’s Scalp webinar & highlighted setups as the USD gets a short reprieve. Here are the updated targets & invalidation levels that matter.
  15. EUR-crosses Begin to Lose Traction at Start of Week
    The Euro's late-week rally is already starting to lose steam.
  16. Commodity Dollars Soar After China Cuts Reserve Requirement Ratio
    The Australian, Canadian and New Zealand Dollars rose after China cut the reserve requirement ratio for major banks to the lowest level since 2010.
  17. USD Breakdown Accelerates - Will CPI Fuel the Fire?
    A disappointing CPI report could prove to be the death knell for the greenback.
  18. EUR/USD Rebound Vulnerable to Sticky U.S CPI- 1.0500 Support on Radar
    Sticky consumer price growth in the U.S. may drag on the near-term rebound in EUR/USD as it puts increased pressure on the Fed to normalize monetary policy.
  19. Pound to Look Past Claims Data, US Dollar Set Sights on CPI Report
    The British Pound may not find a potent driver in the March set of jobless claims figures while the US Dollar awaits inflation data for new direction cues.
  20. NZDUSD Breakout Stalls at 7700 Resistance- Short Scalps Pending
    A 3-day rally in the kiwi has taken the pair into key near-term resistance with the long-bias now at risk. Here are the updated targets & invalidation levels that matter.

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