Author: Kate Curtis

EUR/USD made a huge gap down from the 1.3100 area to below 1.3000 over the weekend. The sudden rally that took place during the last two trading days of the previous week can be explained by a...

USD: Neutral The U.S. dollar lost a lot of ground to its major currency counterparts during yesterday’s trading as we saw a short squeeze, particularly for GBP/USD and EUR/USD. It seems that the selloffs are no longer...

After yesterday’s short squeeze on EUR/USD, which pushed the pair back above the 1.3000 major psychological support level, many are wondering if the rally of this pair would actually last. It seems that it could find resistance...

USD: Bullish The U.S. dollar once again found support from stronger than expected economic data during yesterday’s trading.

NZD/USD got sold off strongly after the RBNZ announced its interest rate decision during today’s Asian session. Even though the central bank kept rates on hold at 2.50% as expected, RBNZ head Graeme Wheeler commented that domestic...

USD: Bullish The U.S. is set to release its retail sales report for February at 1:30 pm GMT today. The headline figure could show a 0.5% increase while the core version of the report could also show...

GBP/USD has just broken below the 1.5000 major psychological level in the past week but the pair appears prime for a retest within the day. Using the Fibonacci retracement tool on the recent swing high and swing...

USD: Neutral There are no major reports due from the U.S. or other major economies today so dollar pairs could simply move sideways for the rest of the day.

Cable has been on a downtrend for the past few weeks and has recently made a strong break below the 1.5000 major psychological support level. This confirms that the selloff is really strong and that the pair...

USD: Bullish The U.S. dollar enjoyed a nice strong rally after the NFP figure came in higher than expected. The U.S. economy was able to add 236K jobs in February, higher than the estimated 162K increase.