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US: MBA mortgage applications w.e. 11 January +13.5% vs +23.5% previous

Team FX Trading Revolution | Jan 16, 2019

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Crude oil found rejection amid risk reversal ahead of EIA report

Team FX Trading Revolution | Jan 16, 2019

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USD/JPY consolidating around mid-108.00

Team FX Trading Revolution | Jan 16, 2019

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USD/CAD remains vulnerable amid hike in crude oil prices

Team FX Trading Revolution | Jan 16, 2019

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GBP/USD around mid-1.2850 ahead of UK CPI and Carney's speech

Team FX Trading Revolution | Jan 16, 2019

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EUR/USD should stabilize after easing to 55-day moving average - CommerzBank

Team FX Trading Revolution | Jan 16, 2019

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NZD/USD bulls defending 200-day moving average

Team FX Trading Revolution | Jan 16, 2019

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USD/CAD falls amid rise in crude oil

Team FX Trading Revolution | Jan 15, 2019

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EUR/USD: Euro found support against Dollar after weak empire manufacturing data

Team FX Trading Revolution | Jan 15, 2019

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Canada: Existing home sales for December -2.5% vs -1.0% estimated

Team FX Trading Revolution | Jan 15, 2019

US: MBA mortgage applications w.e. 11 January +13.5% vs +23.5% previous

01/16/2019
at 12:00 PM
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Purchase index 278.5 vs 255.5 prior Market index 411.8 vs 362.7 prior Refinancing index 1,172.4 vs 987.9 prior 30-year mortgage rate 4.74% vs 4.74% prior Read More...

Crude oil found rejection amid risk reversal ahead of EIA report

01/16/2019
at 11:33 AM
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Crude oil stalled the rally near mid-52.00 level and reversed the gains sharply through mid European session as risk-off sentiment dominated the market amid renewed economic slowdown concerns. The commodity has corrected around 3% rally observed day before that was led OPEC's output cut expectations. However, the downside remains limited ... Read More...

USD/JPY consolidating around mid-108.00

01/16/2019
at 8:08 AM
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US Dollar maintains mild negative tone against the Japanese Yen on Wednesday, eroding partial gains of earlier session. China's reiteration to counter economic slowdown boosted risk sentiment on Tuesday that dented the Japanese Yen's safe haven status. This combined with slump in European currencies provided decent support to the US ... Read More...

USD/CAD remains vulnerable amid hike in crude oil prices

01/16/2019
at 6:58 AM
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US Dollar is trading in a tight range against the Canadian Dollar on Wednesday after falling to 1.3225 on Tuesday. Oil prices managed to gain positive traction that sent the Canadian Dollar higher. Output cut by OPEC+ for 2019 is stabilizing the oil prices and it is also expected that ... Read More...

GBP/USD around mid-1.2850 ahead of UK CPI and Carney's speech

01/16/2019
at 6:48 AM
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British Pound is little changed from its Tuesday opening prices today near mid-1.2800 ahead of London session. Traders are eying at what comes further after PM May's defeat in UK parliament on Brexit withdrawal while opposition leader Jeremy Corbyn has called for a no-confidence vote against PM May. The Cable ... Read More...

EUR/USD should stabilize after easing to 55-day moving average - CommerzBank

01/16/2019
at 6:45 AM
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CommerzBank analysts note that EUR/USD should begin stabilizing after pulled back to 55-day moving average at 1.1385. Key Quotes “The market last week broke above the 1.1500 resistance but has not sustained the break. Dips lower are expected to remain well supported by the 55 day ma at 1.1385 and ... Read More...

NZD/USD bulls defending 200-day moving average

01/16/2019
at 6:24 AM
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New Zealand Dollar is attempting to defend 200-day moving average for last three consecutive day. However, breaking below the 200-day movign average would invalidate the immediate bullish outlook and the pair may test 0.6755 neckline support of head and shoulder pattern. The NZD/USD pair is consolidating at the moment, looking ... Read More...

USD/CAD falls amid rise in crude oil

01/15/2019
at 2:51 PM
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USD/CAD posts fresh session lows below mid-1.3200 as crude oil surges beyond $52.00 handle. Canadian Dollar has gained positive momentum against the US Dollar as empire manufacturing data missed market expectation. The pair is consolidating within the 1.3150 - 1.3300 range after falling sharply in the start of year. Now ... Read More...

EUR/USD: Euro found support against Dollar after weak empire manufacturing data

01/15/2019
at 2:37 PM
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Euro finds support against US Dollar after the empire manufacturing data for US published weaker than expected. The EUR/USD was trading within a 100-hour moving average and a 200-hour moving average for last three trading days. Although, the pair has broken below the 200-hour moving average but weaker US Dollar ... Read More...

Canada: Existing home sales for December -2.5% vs -1.0% estimated

01/15/2019
at 2:01 PM
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Prior was -2.3% declining for four straight months Read More...