Technical Overview of GBP/USD, EUR/USD and USD/CAD Currency Pairs GBP USD The GBP traded higher against the USD and closed at 1.3068. Overnight, it was another loss for UK Prime Minister May which now means lawmakers are likely to push for a delay to the 29 March deadline. However, 149-vote loss se...

Technical Overview of GBP/USD, AUD/USD and USD/CHF Currency Pairs GBP USD The GBP traded higher against the USD and closed at 1.3149. • GBP/USD struggles to hold recent strength as it trades near 1.3220 ahead of London open on Tuesday. • The pair rose to 1.3290 during early-day increase after Brexi...

Technical Overview of EUR/USD, NZD/USD and USD/JPY Currency Pairs EUR USD The EUR traded lower against the USD and closed at 1.1234. Retail Sales m/m reflect a change in the US retail sails in the reported month compared to the previous one. The indicator is calculated based on statistics received ...

Technical Overview of USD/CHF, NZD/USD and AUD/USD Currency Pairs USD CHF The USD traded lower against the CHF and closed at 1.0113. According to the Analysis, The pair is expected to find support at 1.00578, and a fall through could take it to the next support level of 1.00023. The pair is expecte...

Advantages and Disadvantages of Automated Trading Robots If you were an avid trader and you knew there is a way to keep your trading working even when you can’t be there, and be promised maximum returns without having to pay a fee wouldn’t you take it? That option is and has been available since th...

Technical Overview of USD/JPY, EUR/USD and GBP/USD Currency Pairs USD JPY The USD traded lower against the JPY and closed at 111.761. Gross Domestic Product (GDP) q/q reflects the monetary value of all goods and services produced in Japan during a given quarter compared to the previous one. The cal...

Technical Overview of AUD/USD, EUR/USD and USD/CAD Currency Pairs AUD USD The AUD traded lower against the USD and closed at 0.7083. Reserve Bank of Australia (RBA) Governor Speech may contain information about the expected change in the bank's interest rates or in the monetary policy. Australia Gr...

Technical Overview of NZD/USD, USD/CAD and USD/CHF Currency Pairs NZD USD The NZD traded lower against the USD and closed at 0.6813. The New Home Sales indicator reflects sales of newly constructed residences in the United States in the specified month. It measures new single-family home sales. The...

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Technical Overview of EUR/USD, AUD/USD and GBP/USD Currency Pairs EUR USD The EUR traded lower against the USD and closed at 1.137. The core Consumer Price Index released by Eurostat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of g...

Technical Overview of USD/CAD, USD/CHF and USD/JPY Currency Pairs USD CAD The USD traded lower against the CAD and closed at 1.3155. Canada Gross Domestic Product (GDP) m/m is the macroeconomic indicator of the national economy state. It reflects the value of all goods and services produced in all ...

Technical Overview of EUR/USD, NZD/USD and GBP/USD Currency Pairs EUR USD The EUR traded lower against the USD and closed at 1.1388. FED Chair Testimony in the Congress or its individual committees (for example, the Joint Economic Committee) describes the current prospects of the US economy and exp...

Technical Overview of USD/JPY, AUD/USD and USD/CHF Currency Pairs USD JPY The USD traded lower against the JPY and closed at 111.051. Building Permits show the number of permits for the construction of new facilities issued by the government or other regulatory authority for the given month compare...

Technical Overview of NZD/USD, GBP/USD and USD/CAD Currency Pairs NZD USD The NZD traded higher against the USD and closed at 0.6847. Retail Sales m/m reflect a change in New Zealand's retail sales in the reported month compared to the previous one. The calculation is adjusted for inflation. The in...

Technical Overview of EUR/USD, USD/CAD and USD/CHF Currency Pairs EUR USD The EUR traded lower against the USD and closed at 1.1334. The Ifo Business Climate Index reflects the current economic situation and forecasts for the next six months from the point of view of German companies. The indicator...

Technical Overview of EUR/USD, USD/CAD and GBP/USD Currency Pairs EUR USD The EUR traded higher against the USD and closed at 1.1336. ECB Executive Board Member Speech can have an impact on the euro depending on the speech rhetoric and hints that analysts can find in the speech. Executive board mem...

Technical Overview of EUR/USD, USD/CAD and USD/CHF Currency Pairs EUR USD The EUR traded higher against the USD and closed at 1.134. ECB Executive Board Member Speech can have an impact on the euro depending on the speech rhetoric and hints that analysts can find in the speech. Executive board memb...

Technical Overview of EUR/USD, GBP/USD and USD/CHF Currency Pairs EUR USD The EUR traded lower against the USD and closed at 1.1308. ZEW Economic Sentiment Indicator is calculated monthly by the Center of European Economic Research on the basis of a survey of around 300 experts from banks, insuranc...

Meaning of STP Forex Broker There are different types of Forex companies. To be more specific there are two. A Market Maker, and an STP Broker. The 'type' refers to the method with which a company executes its orders and provides its prices. An STP broker stands for Straight Through Processing. For...

Technical Overview of USD/CAD, EUR/USD and USD/CHF Currency Pairs USD CAD The USD traded higher against the CAD and closed at 1.3292. Fed Industrial Production m/m reflects the production volume in the US in the given month compared to the previous one. The calculation includes the monthly industri...

Technical Overview of GBP/USD, AUD/USD and USD/JPY Currency Pairs GBP USD The GBP traded higher against the USD and closed at 1.2843. Retail Sales m/m reflect a change in the US retail sails in the reported month compared to the previous one. The indicator is calculated based on statistics received...

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Technical Overview of GBP/USD, NZD/USD and EUR/USD Currency Pairs GBP USD The GBP traded lower against the USD and closed at 1.2938. Manufacturing Production m/m shows the change in the value of goods produced in the manufacturing sector of the UK industry in the given month compared to the previou...