• The Friday Forex Takeaway – Episode 5

    Key points This week As with last week, the standout performer over the week has been the British Pound which has seen strong gains on increased optimism over a potential Brexit deal. The Japanese Yen has been the weakest currency of the G10 bloc this week as better risk appetite has seen a lack of […]

  • Traders Nervous Ahead of Parliament Brexit Vote

    EU Backs PM’s Deal Three years and two Prime Ministers after the UK electorate narrowly voted in favour of leaving the European Union, the UK government is now on the verge of finally agreeing a Brexit deal. The Brexit deal offered to the EU by Boris Johnson this week was officially approved by EU leaders […]

  • Pound Jumps on UK-EU Brexit Deal

    Taking to Twitter this morning, in a move which echoes that of Trump, the UK PM wrote “We’ve got a great new deal that takes back control — now Parliament should get Brexit done on Saturday so we can move on to other priorities like the cost of living, the NHS, violent crime and our […]

  • EU To Decide On Brexit Deal Tomorrow

    Midnight Deadline For Brexit Deal Today marks an important day for Brexit negotiations. The EU has given the UK a midnight deadline for agreeing a deal ahead of the EU summit which begins tomorrow. The plan is, if the UK and EU can agree an acceptable deal, the EU will then officially approve the deal […]

  • Brexit Update: Potential EU Backstop Concession

    Brexit Deal In Doubt Developments within the ongoing Brexit negotiations this week have cast further doubt over the likelihood that UK Prime Minister Boris Johnson will be able to agree a Brexit deal with the EU. The PM offered a set of amended terms to the EU last week, hoping for his new deal to […]

  • Is the Canadian Dollar about to go down?

    We discuss what’s going to happen with EURGBP and the cross rate of USDCAD.

  • Where is the EUR/USD heading to?

    We start the week off by taking a closer look at EUR/USD and ponder over the GBP/USD movements.

  • Is USD/CAD about to head North?

    Let´s take a look at what will the British Pound do, as well as see what the Canadian currency has in store of us.

  • GBPUSD testing major area of support!

    Price is now testing major area of support from 1.3312 to 1.3300 (50% Fibonacci retracement, 76.4% Fibonacci retracement, Horizontal overlap support) and a possible bounce could occur at this level. Our next major level of resistance is at 1.3457 (Fibonacci retracement, horizontal swing high resistance) and our next major level of support is at 1.3210 […]

  • Is gold about to head up?

    Is the GBP/USD looking South again, while Gold is looking for the right direction?

  • A deep-dive into BITCOIN!

    After the major Bitcoin events we take a look a deep-dive into the cryptocurrency to get a better understanding of it’s potential direction.

  • A look over the major trends

    We discuss the potential reasons for the EUR/USD to drop down and then we will see the possible timing for the Canadian Dollar to enter the resistance zone.

  • Is the Euro heading down?

    We discuss the reasons why EUR/USD could go down, as well as, ponder on what kind of candlestick will form with the British currency’. We also take a look at the curious case of the Russian Ruble.

  • Thoughts about several cross rates!

    We ponder about the time when the EUR/GBP might make a pullback down and the potential reasons for GBP/JPY to go up.

  • Did EUR/USD form a bullish trap?

    We discuss the possible bullish trap that could form with EUR/USD and GBP/USD, and the situations in which the USD/CAD could go down.