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The Daily Trend Trader For Forex
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not

The Daily Trend Trader For Forex

EUR/USD Daily Chart Has Micro Double Top
The EUR/USD daily Forex chart is forming a micro double top with Friday’s high. The bears need a strong reversal down over the next few days. Otherwise, a bull flag and another leg up are more likely. The EUR/USD daily Forex chart broke strongly above a

EUR/USD Daily Chart Has Micro Double Top

Subdued New Zealand Consumer Price Index (CPI) to Tame NZD/USD Rally
Signs of subdued price pressures may undermine the recent appreciation in NZD/USD as it encourages the RBNZ to keep the cash rate at the record-low.

Subdued New Zealand Consumer Price Index (CPI) to Tame NZD/USD Rally

EUR/USD Rate Rally Vulnerable to ECB Verbal Intervention
ECB President Mario Draghi and Co. may attempt to talk down the Euro as the ongoing appreciation in the EUR/USD exchange rate impedes on the outlook for inflation.

EUR/USD Rate Rally Vulnerable to ECB Verbal Intervention

FOMC Preview: Dovish Rate Hike to Drag on USD Rates
A dovish Fed rate-hike may spark a bearish reaction in the U.S. dollar as the central bank runs the risk of completing the policy normalization ahead of schedule.

FOMC Preview: Dovish Rate Hike to Drag on USD Rates

Strong U. of Michigan Confidence Survey to Fuel Bearish EUR/USD Series
A meaning rebound in the U. of Michigan Confidence survey may fuel the fresh series of lower highs & lows in EUR/USD as it fuels bets for an imminent Fed rate-hike.

Strong U. of Michigan Confidence Survey to Fuel Bearish EUR/USD Series




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