USD/CAD Breaks Above the Bullish Channel As Uptrend Escalates
There has been an increased weakness recently in the CAD to USD ratio, sending USD/CAD 2 cents higher last week to 1.3787. Full Article
EUR/USD to Resume Downtrend If US Manufacturing Impresses
The rate of EUR to USD fell below 1.08 last week and further declines are expected if the US manufacturing PMI jumps higher today. Full Article
EUR/USD Finding Support at the 200 SMA, But Not Running Away
The 200 SMA has turned from EUR/USD where we saw a bounce earlier today Full Article
Buying USD/JPY at the 200 on Bullish Momentum Despite Risk Sentiment Improving
USD/JPY has printed a new high at 148.90 today despite the weakness in the USD, so we decided to open a buy forex signal here Full Article
Forex Signals Brief for September 15: US Retail Sales and Manufacturing on the Agenda
Yesterday markets paused after Tuesday's post-CPI move, but today the volatility will likely pick up again on the US data Full Article
Booking Profit on USD/JPY as Risk Sentiment Dives on Soft Chinese Data
We sold USD/JPY below the 100 SMA earlier today as risk sentiment was looking weak and booked profit as the bearish reversal came Full Article
Japan’s Factory Output, Retail Sales Miss Expectations in December
Manufacturing output across Japan contracted at a faster pace during December although in some relief for the economy, retail sales rose Full Article
Japan’s Business Sentiment Dips as Firms’ Profit Margins Narrow
Manufacturing firms in Japan have turned less buoyant about their business outlook for the future as soaring energy prices and raw material Full Article
Japan’s Manufacturing Business Sentiment Worsens, Services More Upbeat
Business sentiment across manufacturing firms in Japan dropped to the lowest levels seen in seven months during November as businesses feel Full Article
Japan’s Industrial Output in Contraction For Third Straight Month
Industrial output across Japan contracted for the third straight month during September, weighed down by global supply chain disruptions and Full Article
Anyone Want to Buy the Pullback in WTI Crude Oil?
Unemployment claims remain below 300K in the US, sending crude Oil on a retreat lower Full Article
US Dollar Gets a Boost From Positive Economic Data Releases
The US dollar is holding strong in early trading on Friday, supported by the retail sales report for August which dealt a positive surprise Full Article
Holding On to Our S&P Buy Signal, As the US Data Improves
US retail sales posted a decent jump in August, beating negative expectations Full Article
Japan’s Industrial Output Shows Less Severe Contraction. Labor Market Improves
Manufacturing output across the world's third largest economy posted a smaller contraction than feared during the month of July while firms Full Article