Pound Autumn Forecast: What Will Happen?

The U.K.’s HM Treasury will release the annual Autumn Forecast Statement today and you can be sure we will be watching the GBP pairs and planning our next move based entirely on the shape of patterns just preceding the release. https://www.dailyfx.com/forex/video/daily_news_report/2017/11/22/Wall-Street-Offers-A-Bullish-Gap-and-Record-Highs-Pound-Awaits-Brexit-Budget.html?DFXfeeds=forex:video:daily_news_report  

Pound Autumn Forecast: What Will Happen? Read More »

Yellen, Draghi, Carney and Kuroda Ready to Rock the Market!

We will see what happens when all these Central Bank superstars start talking at a panel discussion titled “At the heart of policy: challenges and opportunities of central bank communication” at the Central Bank Communications Conference hosted by the European Central Bank, in Frankfurt. https://www.dailyfx.com/forex/video/live_events/2017/11/14/Fundamental-Trading-Will-Yellen-Draghi-Carney-and-Kuroda-Turn-the-Boat.html  

Yellen, Draghi, Carney and Kuroda Ready to Rock the Market! Read More »

AUD USD Continues Forming Perfect Ending Diagonal

Chinese data was the latest thing to help the AUD USD keep forming the ending diagonal we have been watching for the 4 -8 hour. Once it is finished a complete reversal may be in the works long term but for now, short trades continue to be working out well. https://www.dailyfx.com/forex/market_alert/2017/11/14/Aussie-Dollar-Struggles-with-Follow-Through-on-Chinese-Data-Miss.html

AUD USD Continues Forming Perfect Ending Diagonal Read More »

Gold Drops Back Down on Tax Cut

You may have noticed how Gold and Silver were making a nice little wave 5 on the 1 hour when all of a sudden they slipped right on back down causing a more spread in time chaotic correction. https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2017/11/08/Gold-Prices-Still-at-the-Mercy-of-US-Tax-Cut-Prospects.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:commodities

Gold Drops Back Down on Tax Cut Read More »