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Market Comment 18/8/2015 - UK's Annual Consumer Price Index increased by 0.1% - UK's Core Inflation measure accelerated to 1.2% - GBP/USD tests an important resistance at 1.57 - EUR/USD remains supported at 1.1050 but pay attention to any break below - GOLD supported above $1112 aims at $1130...

Market Update 06/08 In short: - Bank of England keeps Bank Rate at 0.5% - No rate hike this year (our view) - GBP/USD tumbles down but stops at support in the bullish price channel 1.5570 - EUR/USD downward pressure on 1.07 - Gold awaits a breakout from technical triangle pattern - AUD/USD...

Tuesday Maket Update 28/07/2015 In the UK, economic growth accelerated in the second quarter as the preliminary release of GDP shows a decent growth rate of 0.7% quarter to quarter. GBP/USD has a good potential to break above 1.5675 targeting 1.5800. Gold’s technical setup suggests a break...

Friday Market Update:24/07/2015 - Chinese Manufacturing data for July fell to a 15 month low - The Reserve Bank of New Zealand cuts Interest Rate - Gold is likely to close around $1080 - GBP/USD important support at lows of 1.54 - EUR/USD Supported at 1.0920 targets 1.1050 - Major Data release...

Tuesday Market Update: 2015/07/14 * There’s a progress in Greece towards reaching aGreekment to keep Greece in the Euro Zone * BoE’s governor Mark Carney said during Bank of England’s’ inflation report hearings that the hike in interest rate is moving closer * GBPUSD More longs can be expected...

Friday Market Update 10/07 Greece’s latest proposal to the bailout creditors has been welcomed. There’s little to be expected from Fed’s chair Yellen speech this afternoon on the US economic outlook with rate hike this year appears to be simply fading away. Euro-Dollar broke through 1.1120...

Wednesday Market Update 2015/07/08 Greece has been given a time till this Sunday to come up with a new plan for austerity measures and economic reforms Current global negative risk sentiment is increased by continued drop in Chinese stocks where total number of companies suspended is 1429 out...

Tuesday Market Update 30/06 Monday’s opening gap on the rising channel’s support on EURO/DOLLAR proved to be a great opportunity to buy -- with the pair currently finding a support at 1.1140 and that is a 38.2% retracement of Monday’s wave from 1.0950 to 1.1250. The upward move comes despite no...

Market Update 23/06 For the second day running there’s a visible ongoing retracement from recent highs on the Euro and British Pound versus the US Dollar and both European currencies are set to test important support levels before a potential mid-week reversal with US GDP reading, Eurogroup on...

Monday Market Update Looking at this week’s economic calendar schedule, the main focus of currency markets will be on the US dollar as FED is due to release its monetary policy statement and announce interest rate decision on Wednesday. While the main focus will be on FED this week, there are...

Market Update 10/06 Current setups across major currency pairs signal a continuation of an anti-Dollar trade. The Euro, Pound and Canadian Dollar show good trading opportunities. Let’s start with Pound-Dollar Since last week’s drop to 1.52 after the NFP release, and in line with our...

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Market Update 2/6 EURUSD Heading towards Tuesday’s US session, Euro-Dollar climbed above 1.10 on better than expected Inflation data for the Eurozone. With Greece apparently reaching an agreement among Troika, current price should attract more Euro buyers. It is important however that EURUSD...

Tuesday Market Update 26/05 The USD Dollar Index (DXY) rises for the third consecutive day on Tuesday and Dollar bulls will be looking at a close above 97 points to regain faith in Dollar --- and continue with the rally. USDJPY The dollar climbed to a fresh 8-year high versus Yen at 122.90...

Hello Forum Members! My name is Masha and I am an official ForexBrokerInc Representative. I have created this new thread to answer your questions that you might have, and post here important announcements. Feel free to get in touch with me here!