USDJPY Forecast: BULLISH Targets: 112.000 & 113.00 Alternative: If price breaks below 110.000 then expect further downside towards 107.00 & 106.000. AUDJPY Forecast: BEARISH Targets: 80.000 & 78.000 Alternative: If price breaks above 84.000 then expect further upside towards 86.000 & 90.000. EURUSD Forecast: BEARISH Targets: 1.1700 & 1.1600 Alternative: If price breaks above 1.2000 then close all trades and wait for a bounce… Read More


GBPUSD Forecast: BULLISH Targets: 1.3800 & 1.4000 Alternative: If price breaks lower end of the channel then expect further downside towards 1.3200. EURUSD Forecast: Neutral Targets: Upside: 1.2000 Downside: 1.1800 & 1.1700 Comments: Look for trade entries at 1.2000. EURGBP Forecast: BEARISH Targets: 0.8800 & 0.8750 Comments: Wait for price to test the upper end of the channel before entering a trade.  … Read More


The US Dollar has continued its rally from last week in early trading this week. Fundamentally, this is likely due to the anticipation of Friday’s unemployment rate and non-farm payrolls data announcement. The unemployment rate is expected to fall to 4.0% from April’s 4.1%. Non-farm payrolls data is expected to rise to 193K from April’s… Read More


NZDUSD Forecast: BEARISH Targets: 0.7300 & 0.7200 Alternative: If price moves above 0.74 then look for further upside towards 0.75. EURGBP Forecast: BULLISH Targets: 0.8700 & 0.8850 Alternative: If price breaks below channel the look for further movement towards 0.855. USDJPY Forecast: BULLISH Targets: 109.000 & 112.000 Alternative: If price breaks upward trendline then look for further downside towards 100.00.   NOTE : THIS… Read More


With the ECB (European Central Bank) Monetary Policy meeting on Thursday this week and the FOMC (Federal Open Market Committee) meeting on Wednesday 21st March. It is worth looking at the interest rate forecasts for the two currencies and what it could mean for the pair. Euro The ECB Monetary Policy meeting on Thursday this… Read More


EURUSD Forecast: BEARISH Targets: 1.2200 & 1.2100 Comments: Non-farm Payroll data on Friday 9th March so be careful when trading USD pairs. GBPUSD Forecast: BEARISH Targets: 1.3700 & 1.3600 Comments: Non-farm Payroll data on Friday 9th March so be careful when trading USD pairs. USDCAD Forecast: BEARISH Targets: 1.2700 & 1.2500 Comments: Non-farm Payroll data on Friday 9th March so be careful when trading… Read More


EURUSD Forecast BEARISH Targets 1.2200 & 1,2100 Comments Trendline on 4 hour chart was broken and retested. On the monthly chart, the price was rejected by the long term downwards trendline and the 1.2500 area. GBPJPY Forecast BULLISH Targets 151.500 & 153.000 Alternative If lower trendline is broken then expect further downside towards 147.000. USDJPY Forecast… Read More


EURUSD Forecast Bearish Targets 1.22800 & 1.21000 Alternative If price breaks downward trendline and 1.25000 then expect further upside towards 1.28000. USDJPY Forecast Bullish Targets 112.000 & 114.000 Alternative If price breaks 108.000 area then expect further downside towards 106.000. EURJPY Forecast Neutral Targets Upside: 139.000 Downside: 135.000 & 133.000   NOTE : THIS IS… Read More


EURUSD Forecast Bearish Targets 1.20, 1.16 & 1.05 Comments Wait for the current monthly candle to close below 1.25 and downwards trendline. NZDUSD Forecast Bearish Targets 0.70, 0.68 & 0.62 Comments Allow further upside towards 0.75. Open trade when bearish weekly candle forms. AUDJPY Forecast Neutral Targets Upside: 94.00 & 100.00 Downside: 84.00 & 75.00… Read More


Forecast: BULLISH The Federal Reserve is expected to raise interest rates 3 times in 2018. The first hike is scheduled for March. The most important factor that the markets will be paying attention to is whether core inflation starts to push higher. As US unemployment drops to record lows of 4.1%. Wages are expected to… Read More