Forecast: BULLISH The New Zealand economy performed relatively well in 2017. Inflation is currently at 1.9% which is close to the central bank’s 2% target. The bank’s forward looking indicators suggest the economy will continue to perform well in 2018 and also suggest an interest rate hike in 2019. The Reserve Bank of New Zealand has… Read More

Forecast: BEARISH Inflation in Japan is currently at 0.8%. The Bank of Japan is struggling to meet its 2% target and are now injecting 80 trillion YEN a year into the economy in an attempt to push inflation up to their 2% target. The Bank of Japan forecasts that inflation will reach 2% by 2019.… Read More

Forecast: BEARISH Inflation in Switzerland is currently at 0.8% and the Swiss National Bank is struggling to meet their 2% target. It is predicted that this target will not be met until 2020. With inflation and interest rates so low, CHF will not be an attractive long term investment. However, other economic data could produce… Read More

USDCAD Forecast  Bearish Targets 1.265 & 1.240 Alternative Above 1.29 look for further upside with 1.300 & 1.320 as targets. EURUSD   Forecast  Bullish Targets Upside: 1.200 & 1.210 Comments Use 1.170 as support area. Enter bullish trade after confirmation. USDCHF Forecast  Neutral Targets Upside: 0.995 & 1.000 Downside: 0.980 & 0.975 Comments 1.000 and… Read More

USDJPY Forecast  Bearish Targets 113.10 & 112.80 Alternative Above 114.00 look for further upside with 114.60 & 115.00 as targets. Comments Be aware of Yellen speech on ECB Panel on Tuesday 14th November 2017 @ 10:00am GMT. EURUSD Forecast  Bullish Targets 1.170 & 1.175 Alternative Below 1.16 look for further downside with 1.156 & 1.150… Read More

Forex trading has become increasingly popular recently, with a lot of people going into it thinking they will come out the other side mega rich, but they soon find out it is a lot harder than first anticipated. That is because most traders start off thinking it is an easy get rich quick scheme. The… Read More

Moving averages are one of the most popular technical indicators which traders on all financial markets use. There are many types of moving averages which are used when trading the financial markets but the most commonly used ones are the Simple Moving Average (SMA)and the Exponential Moving Average (EMA). These are used to determine upward… Read More