Date archive forApril, 2018
By gossewestra On Saturday, April 21st, 2018
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Pressure Builds for EUR/USD with the ECB and US GDP Next Week

At certain points this past week, it seemed like speculative interests would regain control over the markets. From the S&P 500.  More...

By gossewestra On Friday, April 20th, 2018
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4 Effective Trading Indicators Every Trader Should Know

Ready to start trading forex? Our guide explores the best forex indicators for a simple strategy, including Moving Average, MACD, Stochastic and RSI.  More...

By gossewestra On Friday, April 20th, 2018
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Traders Bury Themselves in Gold Creating Bearish Opportunity

The combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.  More...

By gossewestra On Friday, April 20th, 2018
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FX Setups for the Week of April 23, 2018

Next week sees rate decisions out of Europe and Japan, and we may be on the cusp of a deeper move of US Dollar strength. In this article, we look at setups in USD/JPY, NZD/USD and GBP/CAD designed for the week of More...

By gossewestra On Friday, April 20th, 2018
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US Dollar Index (DXY) Forecast: The Consensus Trade Gets Tested

The US Dollar Index (DXY) has traded toward 1-month highs on falling risk appetite and inflation fears that are seen via higher US Treasury Yields. Here’s where USD can be played well.  More...

By gossewestra On Friday, April 20th, 2018
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USD/CAD Extends Bullish Series as Canada CPI Disappoints

USD/CAD stands at risk for a larger advance as updates to Canada’s Consumer Price Index (CPI) does little to boost bets for another Bank of Canada (BoC) rate-hike in 2018.  More...

By gossewestra On Friday, April 20th, 2018
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Bitcoin, Ether, Ripple and Litecoin Analysis – Prices Surge

The cryptocurrency market is back in bullish mode with prices jumping across the board on positive news and technical breakouts  More...

By gossewestra On Friday, April 20th, 2018
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US Dollar Shows Strength Ahead of ECB, BoJ Rate Decisions

Next week’s calendar brings two rate decisions that will be widely watched for dovish clues from Draghi of the ECB and Kuroda of the BoJ. Will Yen or Euro weakness allow for the Greenback to test 2018 highs? More...

By gossewestra On Friday, April 20th, 2018
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US AM Digest: DXY Eyes 90.00 Level; Trump Slams OPEC Over High Oil Prices

DXY notably firmer this morning and as such is looking to make a test of the 90.00 level amid the support from rising treasury yields and rising price pressures. CAD plunges on soft inflation data.  More...

By gossewestra On Friday, April 20th, 2018
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BoC’s Inflation Forecast Matches Up With March CPI Print

USDCAD rallies after today’s inflation data slightly missed estimates; transportation and energy costs remain key drivers.  More...