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UK Unemployment Preview: What to Expect of GBP/USD? Renewed Brexit fears are scaring investors out of Sterling positions ahead of the UK unemployment data, wage growth figure and budget statement release...

Technical analysis of USD/CAD for March 16, 2016 General overview for 16/03/2016: The projected target for the wave B at the 1.3383 level has been hit as expected. Nevertheless, the market might extend the corrective cycle even higher towards the level of 1.3446...

USDCHF Daily Forecast: March 17 2016 USDCHF Forecast The USDCHF had a bearish momentum yesterday bottomed at 0.9750. The bias is bearish in nearest term testing 0.9700 before targeting 0.9600 region. Immediate resistance is seen around 0.9820...

USDJPY Daily Forecast: March 17 2016 USDJPY Forecast The USDJPY attempted to push higher yesterday topped at 113.81 but whipsawed to the downside and closed lower at 112.53. The bias remains neutral in nearest term and the best strategy for me remains to buy around 112.50 or sell around 114...

GBPUSD Daily Forecast: March 17 2016 GBPUSD Forecast The GBPUSD attempted to push lower yesterday bottomed at 1.4052 but whipsawed to the upside and closed higher at 1.4255. As long as stays below 1.4300 the bearish phase should remain valid but this fact could be seen as a false break below 1...

EURUSD Daily Forecast: March 17 2016 EURUSD Forecast The EURUSD had a strong bullish momentum yesterday after a rejection to make a clear break below 1.1065 support area as you can see on my H1 chart below. The bias is bullish in nearest term testing the trend line resistance and 1.1300 region...

Australian Feb Employment Report: Total Jobs Disappoint, Full Time Bright Spot Australia published flat employment figures for the month of February, with the ABS reporting a minimal 0.3k increase in total employment (seasonally adjusted) vs -10k expected by Reuters. Full-time jobs came in at 15...

AUD/USD Bulls Not Done Despite Jobs Miss AUD/USD has been a mixed show on the back of the jobs data and a big miss on the headline again. However, the bulls were not phased right away and bids came in that have been met by cautious offers given the dovish FOMC vibes lingering around markets...

AUD/JPY Soars on Australian Jobs, 86.00 in Sight AUD/JPY is building up its bullish momentum, first initiated on the back of a surprisingly dovish FOMC, to now have targeted the area 85...

AUD/USD: Finally Breaks 0.7600, So Where Next? AUD/USD is chipping away at the 0.76 handle with committed bulls determined to challenge the shorts on the back of the FOMC outcome today, despite the poor show in the jobs data...

AUD/NZD Back Above 1.12 Mark, Intraday Bias Remains Neutral Pair is currently trading around 1.1240 levels. Pair made intraday high at 1.1254 and low at 1.1160 marks. Pair remains volatile during the Asian session as both the countries have released key economic data...

Japan Has Y242.769 Billion Trade Surplus In February Japan posted a merchandise trade surplus of 242.769 billion yen in February, the Ministry of Finance said on Thursday. That missed forecasts for a surplus of 235.0 billion yen following the 648.8 billion yen deficit in January...

Us Oil Breaks Major Resistance Around $39, Targets $40.85 Major resistance -$39 Minor support - $38 US Oil has broken major resistance $39 and jumped till $39.35. It is currently trading around $39.11.Short term trend is bullish as long as support $36 holds...

Asian Markets Rally After FOMC, Gold Back Above $1250 All the Asian markets are trading on a higher note on Thursday after FOMC kept interest rate unchanged at 0.5% but cuts GDP forecast. Central bank cuts its estimate of GDP growth in 2016 to 2.2% from 2.4...