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Consumer Confidence Beats Estimates for December, DXY Edges Lower

US CB CONSUMER CONFIDENCE KEY POINTS: The Conference Board Consumer Confidence Index® Increased 6.9 Points in December. The Index Now Stands at 108.3 up from 101.4 in November. The Gain…

UK Brent Oil Hinting Bullish Sentiment as Oil Supply Set to Drop

UK Brent Oil hinting bullish sentiment as oil supply is set to drop The impact of the sanctions on Russia’s crude oil is still very much an important issue that is still playing out.…

The US Dollar is Back in the Driver’s Seat

GBP/USD – Prices, Charts, and Analysis Friday’s US data could add a dose of volatility ahead of the Christmas break. Cable remains in a very narrow trading range this week.…

USD/CAD Rangebound Ahead of Important Canadian Inflation Data

USD/CAD Key Points: Recommended by Zain Vawda Get Your Free USD Forecast MOST READ: Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD USD/CAD FUNDAMENTAL OUTLOOK USD/CAD attracted buyers below the 1.3600 handle with…

Top 8 Forex Trading Strategies and their Pros and Cons

Main talking points: What is a Forex Trading Strategy? Forex Strategies: A Top-level Overview Price Action Trading Range Trading Strategy Trend Trading Strategy Position Trading Day Trading Strategy Forex Scalping…

Euro Bolstered by GfK Consumer Confidence

EUR/USD ANALYSIS GfK consumer confidence edges higher for January. How much further can the euro appreciate against the USD? Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL…

Crude Oil Holds the High Ground as Risks Swirl in BoJ Aftermath. Will WTI Rally?

Crude Oil, API, EIA, OPEC, US Dollar, BoJ, NZD/USD, WTI, Brent- Talking Points Crude oil has been supported despite uncertainty around it The Bank of Japan’s move is still being deciphered…

Australian Dollar Pummelled in the Japanese Yen Melee Post BoJ. Where to for AUD/JPY?

Australia Dollar, AUD/USD, US Dollar, AUD/JPY, Japanese Yen – Talking Points The Australian Dollar sailed south at a rate of knots against the Japanese Yen The Banks of Japan changed the band around…

Collapse of the Carry Doesn’t Reach the S&P 500, Can EURUSD Fulfill Its Own Reversal?

USDJPY, BOJ Decision, S&P 500, Event Risk and EURUSD Talking Points: The Market Perspective: EURUSD Bearish Below 1.0550; GBPUSD Bearish Below 1.2100; S&P 500 Bullish Above 3,800 The biggest fundamental event so far this week was…

Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY

Japanese Yen Talking Points: Yen strength has been the rage since last night’s Bank of Japan rate decision. While the BoJ didn’t hike rates, they did widen the band of…