4-hour timeframe The amplitude of the last 5 days (high-low): 77p – 46p – 102p – 76p – 59p. Average amplitude for the last 5 days: 72p (73p). The British pound sterling shows an enviable growth against the US currency on the eve of the announcement of the results of the Fed meeting and the […]

Today, just when there is literally a few hours left before the announcement of the decision of the Federal Open Market Committee of the United States, the title issue is fundamental to understanding what will happen in the markets in the next three months. While one thing is clear – at the current meeting, the […]

Today, just when there is literally a few hours left before the announcement of the decision of the Federal Open Market Committee of the United States, the title issue is fundamental to understanding what will happen in the markets in the next three months. While one thing is clear – at the current meeting, the […]

4-hour timeframe The amplitude of the last 5 days (high-low): 61p – 36p – 86p – 43p – 62p. Average amplitude for the last 5 days: 58p (53p). A few hours ahead of the announcement of whether the key rate of the Fed will change, the European currency rises in price against the US dollar. […]

Today, the Canadian dollar received significant support after the release of inflation data in the country. Contrary to contradictory forecasts, the consumer price index was in the “green zone”, exceeding the forecast values. This fact returned confidence to the USD/CAD pair, after which the loonie returned to the bottom of the 33rd figure. The situation […]

So, unless you live under a rock – or have absolutely horrible wi-fi and a terrible data plan, you KNOW that the story sucking ALL the oxygen out of the room today was the Fed minutes. Well, we’ve said it before and we’ll say it again – They don’t matter. Want to get educated? https://bit.ly/2FhG5YH […]

So, unless you live under a rock – or have absolutely horrible wi-fi and a terrible data plan, you KNOW that the story sucking ALL the oxygen out of the room today was the Fed minutes. Well, we’ve said it before and we’ll say it again – They don’t matter. Want to get educated? https://bit.ly/2FhG5YH […]

Since January 19th, the EURUSD pair has been moving within the depicted channel with slight bearish tendency. Short-term outlook turned to become bearish towards 1.1175 (a previous weekly bottom which has been holding prices above for some time. On the period between May 17th and June 5th, a bearish breakdown below 1.1175 was temporarily achieved. […]

BRC bulls are unable to trade above the resistance at $9.444 and bears reacted. At current market conditions I prefer to be bearish since there is the breakout of upward channel.. With FOMC today my advice is to define proper risk control before you make any trade. Black lines – Upward channel (broken) Blue rectangle […]

Gold bulls are unable to trade above the resistance at $1.357 and bears reacted. At current market conditions I prefer to be neutral to bearish since the price inside of the downward channels. With FOMC today my advice is to define proper risk control before you make any trade. Blue lines – Pitchfork downward channel […]

On March 29, a visit towards the price levels of 1.2980 (the lower limit of the newly-established bearish movement channel) could push the GBPUSD pair again towards the upper limit of the minor bearish channel around (1.3160-1.3180). Since then, Short-term outlook has turned into bearish within the depicted movement channel with intermediate-term bearish target near […]

The British pound strengthened slightly against the US dollar on Wednesday in the first half of the day after the release of the report, which showed that the level of inflation in the UK corresponds to the target value of the Bank of England and there is no cause for concern yet. On the one […]

To open long positions on GBP/USD pair, you need: Inflation data led to an increase in the pound in the first half of the day, as well as fixing above the support of 1.2565. As long as trade will be conducted above this level, the demand for the pound will remain and the Fed report […]

On May 3rd, the GBPJPY pair initiated the depicted bearish movement channel around 146.45 On March 21, another visit towards the upper limit of the same channel (141.70) was demonstrated. Since then, the depicted downtrend/channel has been intact until June 4 when the pair failed to achieve a new low below 136.50. This was followed […]

To open long positions on EUR/USD pair, you need: The situation in the morning did not change. Consolidation above 1.1211 resistance is required to return to the buyers’ market, which will lead to a larger upward correction in the area of yesterday’s maximum of 1.1242 and to its updating in the area of 1.1286, where […]

The Bank of England will announce its latest policy decision on Thursday at 1100 GMT and is widely anticipated to hold rates at 0.75%. Ahead of the BoE’s announcement, retail sales numbers for May will be watched at 0830 GMT. But with recent remarks by BoE policymakers reaffirming the Bank’s tightening bias, the June meeting […]

The North American Cannabis market alone was around 11 Bio $ sales last year and it is expected to grow to 47 Bio $ by 2027. RavenQuest Biomed is a leading company in this space and grows rapidly. Sales for this year are expected at 40 Mio. $ and for 2020 at around 60 Mio […]

The North American Cannabis market alone was around 11 Bio $ sales last year and it is expected to grow to 47 Bio $ by 2027. RavenQuest Biomed is a leading company in this space and grows rapidly. Sales for this year are expected at 40 Mio. $ and for 2020 at around 60 Mio […]

It will be an important day for the markets as investors are expected to receive a ton of important data. Earlier today, Japan released the trade data for the month of May. The numbers showed that in the month, exports declined by -7.8%. This was lower than the expected decline of -7.7%. Imports declined by […]

It will be an important day for the markets as investors are expected to receive a ton of important data. Earlier today, Japan released the trade data for the month of May. The numbers showed that in the month, exports declined by -7.8%. This was lower than the expected decline of -7.7%. Imports declined by […]

The US dollar index was relatively unchanged in overnight trading as investors waited patiently on the Federal Reserve interest rates decision. The decision will come at 2100 GMT and is expected to be the biggest news of the day. It also comes a day after it emerged that the White House had considered the legalities […]

The US dollar index was relatively unchanged in overnight trading as investors waited patiently on the Federal Reserve interest rates decision. The decision will come at 2100 GMT and is expected to be the biggest news of the day. It also comes a day after it emerged that the White House had considered the legalities […]

Trade was one of the issues that got Donald Trump elected in 2016. In the campaign trail, he talked about how other countries were taking advantage of the United States. He talked straight to the American people, some who were laid off when most companies like General Motors and Ford moved their plants out of […]

Trade was one of the issues that got Donald Trump elected in 2016. In the campaign trail, he talked about how other countries were taking advantage of the United States. He talked straight to the American people, some who were laid off when most companies like General Motors and Ford moved their plants out of […]

The Bank of Japan (BoJ) will conclude its meeting early on Thursday, and while no action is expected, the yen may still tumble a little if the central bank hints it could add more stimulus going forward. In the bigger picture though, the outlook for the currency seems to be brightening as both the Fed […]