USD/JPY rising to dive again? – Forecast April 2-6

Dollar/yen began the last week of Fiscal Year 2017 by dipping to the lows but quickly recovered. Is this a change of course or only an adjustment for temporary purposes? The upcoming week features the Non-Farm Payrolls and a FY in Japan. USD/JPY fundamental movers Strong US GDP, last-minute flows The US economy grew at an annualized pace of […]

USD/CAD Forecast April 2-6 – CAD climb down

Dollar/CAD turned around once again and it seems that the comeback of the Canadian dollar is over. The upcoming week features the all-important jobs report and a few other figures. Here are the highlights and an updated technical analysis for USD/CAD. Canada’s GDP shrank in January 2018, the first monthly drop in a year. This came […]

GBP/USD Forecast Apr. 2-6- Losing its shine

GBP/USD made a move to the upside but eventually ended the week lower. Where next? The first week of April features the all-important purchasing managers’ indices. Here are the key events and an updated technical analysis for GBP/USD. UK GDP was confirmed at 0.4% q/q and 1.4% y/y. While this was no surprise, the numbers are […]

Lönsamma handlare gör ingenting 99% av tiden

Vad är den enskilt största anledningen till att de flesta handlare förlorar pengar på marknaden? Det är enkelt: De gör för mycket – de tänker för mycket, de tittar på diagrammen för mycket, de handlar för mycket, de riskerar för mycket och om och om igen. De mest framgångsrika handlarna och investerarna i vår tid […]

How to trade the UK GDP with GBP/USD

The final read of UK GDP for Q4 2017 is closely watched and may provide a trading opportunity. The Market Impact tool lays out the bullish and the bearish scenarios for trading the event. Buying GBP/USD scenario Tradable Positive Trigger: +0,85 deviation [BUY Pair] Key Resistance Level: 1.4150 If it comes out at higher than expected […]