Fundamental Analysis Articles

GBP/USD – Short Trade Idea. Price Action Defying Fundamentals

1-Hour Chart – GBP/USD 26/05/2020 18:30pm Essential Insights GBP/USD rallied sharply towards the upside on USD weakness Fundamentals still weight heavy on pricesMarket may be overly optimistic on reopening of economies Technical Prices rallied over 100 pips to 1.23600 before retreating. This move comes as the dollar index fell sharply…
May 26th

5 Key U.S. Indicators To Watch – Reopening America

We've compiled a list of 5 indicators you should watch to gain a much better insight into the U.S. economy during this fragile "COVID-19" period.
May 15th

Negative Rates? What Is Driving Yields Lower Into Negative Rates

33 million Americans have been filing for unemployment benefits since the middle of March. 2 year note yields fell by 0.13%, only 13 basis points above 0.
May 11th

GBP/USD – To Remain Under Pressure? UK Economy Reboot

GBP/USD has experienced heavy selling pressure breaking, below the rising wedge discussed on our previous analysis (29th March 2020). Generally stronger dollar being observed. Boris Johnson announces plans to reboot the economy.
May 11th

EUR Bearish, USD Bullish as Week One of the Second Quarter Draws to a Close

EUR bearish, USD bullish as Week One of the Second Quarter draws to a close.
April 5th

Dollar Index to climb higher?

Daily Chart – Dollar Index 27/03/2020 06:00am Essential Insights The dollar index fell from a high of 103.00 as the Federal Reserve announced new rounds of monetary support and as a $2 trillion U.S. fiscal stimulus package was announced. Technicals The DXY (dollar index) has declined 2% this week, though…
March 27th

Is USD/JPY Poised For a September Breakout?

USD/JPY – Roaring higher since mid-march 2018 Why it’s on my watch list: USD/JPY has been in a roaring higher since mid-march 2018: +900 pips. USD/JPY – Roaring higher since mid-March 2018. This has been spurred along due to fundament factors continuing to play out. Given recent pullbacks, we could…
September 6th

Dollar Rallies on Rising Yields, Contrasting Cenbanks

6:00 am GER Jan Factory Orders (exp 1.3%, prev -1.6%) 8:30 am US Q4 Productivity –revised (exp -0.1%, prev -0.5%) 9:00 am Bank of Canada Interest Rate Announcement (exp 3.75%, prev 3.75%) 6:45 pm Chicago Fed President Moscow Speaks. 6:50 pm JPN Feb M2 y/y (exp 2.0%, prev 1.9%) Dollar…
March 7th

USD Mixed Despite Data, Japan GDP Surprises

The dollar failed to capitalize on upbeat US economic data, instead, putting in a mixed performance for the day. There was speculation earlier in the day which sent the greenback slightly lower against the Swiss franc and the euro. A trader in NY had cited a rumour about a bomb…
February 16th