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GBP/USD Fundamental Analysis: October 25, 2016
Despite the ongoing news that were mostly about UK and Brexit, the pair GBP/USD remained at a consolidation level yesterday because of low volatility that was consistently stayed at 68 pips for the whole day. This is unexpected if compared to last weeks price activity with high volatility.
The UK Prime Minister Theresa May mentioned that the parliament will undergo numerous debates about Brexit process including the timeline. Opinion of other members will be given the chance to be heard and come up with the decision prior to final agreement in the negotiating table with Euro leaders which will begin the process next year. Britain would do its part to keep the Brexit process seamless to steer clear of the economic downslide which is expected to happen by by investors and economists alike.
The Scottish First Minister, Sturgeon, mentioned that they would still undergo the Brexit process even if it will be a difficult journey. The Scottish region opted to stay in EU but was a minority compared to the votes from mainland. They stick to the principle to stand independently rather than to experience something that they do not want.
There is no critical reports to be released today but the talk of BOE Governor Carney is schedule to heard later. The trend is anticipated to be calmed as there will be less volatility as the market stand still waiting for the release of UK GDP within the week but the range of price activity to expand this day.

GBP/USD Technical Analysis: October 25, 2016

The GBP/USD pair lost some of its footing during the last trading session and has settled within the 1.2200 region. The sterling pound experienced ambiguity after the release of the UK CBI Industrial data showed a drop in manufacturing orders for October and manufacturing output increasing in the previous quarter and volume levels for export reaching its highest levels in over two years as a result of a weakening in the GBP.

The market is expecting that the GBP will be subject to even more pressure due to the uncertainties surrounding the UK amid Theresa Mays Brexit strategies which were subject to questions and concerns from various lawmakers in the UK government. The GBP/USD generally maintains a neutral-bearish stance in its 4-hour chart, with a somewhat bearish 20 SMA and an absence of directional strength in the pairs technical indicators in the negative side of the chart. Current support levels for the currency pair is at 1.2170, and analysts are expecting a bearish extension if the pair manages to go even lower than the indicated support level.

GBP/USD Technical Analysis: October 27, 2016

The GBP/USD was able to revert back from its losses during the previous trading day after the cable pair dropped down to its lowest levels since the Brexit referendum was announced. The currency pair fell by up to 150 pips during Tuesdays trading session and hit 1.2081 points before reaching support levels. The currency pair was then able to recover some of its lost value and has recently had a session high of 1.2243 points. The pair was last seen trading at around 1.2225 points.

On the other hand, the expected US economic data came out as very ambiguous, after Services PMI data increased by 54.8 points for October, going above the expected 52.3 range. US home sales data surged by up to 3.1% for September and had a seasonal yearly rate of 593,000 after failing to reach the expected range of 600,000.

Support levels for the GBP/USD are expected to be at 1.2081 and 1.2000, while resistance levels are expected to be around the region of 1.2259 and 1.2297 points.

EUR/USD Technical Analysis: October 28, 2016

The center of attention of the market is on the Initial Jobless Claims and Durable Goods Orders releases. For that reason, there was no major event scheduled in the European Union as per the market calendar.

The pair established a sluggish condition amid the Asian session yesterday. Meanwhile, the price reached the 1.0900 level by which the downward momentum subside. It further strengthens as the pair plunged off the region, enabling the EURUSD to regain its profits during the European trades.

It was shown in the 1-hour chart that the price maneuvered on top of 100-EMA where the euro meets a solid support. The 50 and 100 EMAs kept intact on its recent position while 200-EMA headed southward. Resistance arrived at 1.0950 region, support approached the 1.0900.

MACD expanded and demonstrated weakening against the sellers strength. RSI prevail in the neutral position.

USD/CAD Technical Analysis: October 28, 2016

The CAD experienced a drop in relation to the USD after dovish statements from the Bank of Canada last week plus corrections in crude oil prices put downward pressure on the CAD. The USD/CAD pair was able to maintain its bullish stance during Thursdays trading session, with the pair remaining at the 1.3400 region, which is the pairs current critical range. However, the pricing for the currency pair was able to drop slightly prior to the opening of the New York session.

The USD/CAD was able to go over its current moving averages after its 50-EMA provided ample support for the currencys price in the daily chart. However, the pair is seen to have probable difficulties with regards to moving lower from the 50-EMA. The moving averages for the currency pair are generally higher, and analysts are expecting resistance levels to be at 1.3400 points while support levels are expected to be at 1.3300.

The MACD indicators for the USD/CAD pair is still consolidating within its levels, while the RSI remains at the overvalued trading range. Analysts are expecting that if the pair manages to go break through the 1.3400 region, then the USD will be able to have more profits upon reaching the 1.3470 range. On the other hand, if the pair drops and hits the 1.3300, then the market is advised to look at the trading range of 1.3250.

NZD/USD Fundamental Analysis: November 3, 2016

The NZD was able to reach its highest levels since October, causing the pairs trend on its daily chart to go in the upward direction. Presently, the NZD/USD pair is trading at .7287 after increasing by +1.43% or 0.0103 points.

The Federal Reserves meeting on Wednesday backtracked to election-related concerns, whose results could possibly put an increased pressure on the USD. Democratic candidate Clinton is slowly being overtaken by Republican candidate Trump, and investors and traders are now banking on a possible Trump victory. Meanwhile, the Federal Reserve was unable to sway traders and investors with its most recent adjustments to its monetary policies. The Fed voted to maintain its current interest rates, but left out hints in its statement which could have either made or broke the possibility of a rate hike in December.

The NZD increased significantly on Wednesday after recent government data exhibited positive employment growth for the nation in the third quarter, with this growth accelerating to three times the previous growth rates in July and September. This could be an indicator that the Kiwi economy might be doing even better than what the Reserve Bank of New Zealand initially thought, and could also mean a possibility of an interest rate cutback in the coming weeks.

USD/CAD Technical Analysis: November 4, 2016


The loonie established a neutral position versus its base currency as of yesterday. Seeing the greenbacks softened consequent to the unfavorable result of the American labor statistics. While news regarding the oil price reduction had affected the Canadian dollar.
The pair stayed in the neutral phase since last week and remained the neutral opinion until now. Moreover, USDCAD stick around the 1.3360 as its weekly lows. The price toggle in the boundaries of 1.3400 and 1.3350 levels.

As shown in the 1-hour chart are moving averages that sits in the neutral position as well. The pair headed over the downward direction but blocked by the 200-EMA. While the accelerating notion turned down upon arriving to the regions of 50 and 100 EMAs.

Resistance settled in the 1.3400 level, support is located at 1.3330 region. MACD indicator is placed within the centerline.

If the histogram attained the positive zone it means that buyers strength are growing. When the indicator reached the negative territory, this implies the seller's capability to manage the entire market. RSI is found also in the neutral domain. It is expected that the pair will maintain a bullish outlook providing that the price is on top of the 1.3330.

USD/JPY Fundamental Analysis: November 8, 2016

The USD largely increased in value as compared to the JPY due to an increased in the demand for high-yield assets. This rally in the USD was mostly due to news that the FBI did not find any incriminating information in presidential candidate Hillary Clintons e-mails. Aside from a surge in high-yield assets, this news also led to rallies in the international stock market, and the demand for the US dollar surged after investors shifted from the safe haven currency. The USD/JPY pair closed down the previous session at 104.474 points after increasing by 1.37% or 1.411 points.

The USD/JPY is expected to continue its upward direction until Tuesdays session since investors are expected to add up their bullish bets for a possible Clinton victory. Clinton currently has a 90% chance of winning the elections which is set to happen this coming Tuesday. Meanwhile, the JPY continues to reprise its role as a fund currency due to Japanese banks consistently offering low-level interest rates.

US Treasury yields also increased on Monday and this has helped augment the spread between Japans government bonds and the US 30-Year Bond, causing the USD to increase its investors. If the USD/JPY continues, then the next resistance target is expected to be at 105.526 points.

USD/JPY Technical Analysis: November 8, 2016

The Bank of Japan and the Federal Reserve did not release any important economic statements today, and investors from Japan are not expected to make any significant movements until after the US presidential elections. The USD/JPY pair is also expected to further decrease in value due to the most recent movement in oil prices. The USD/JPY pair further widened its gap during Mondays session, increasing from 103.13 to 103.74 points due to gap traders triggering an increase in the gap value.

Meanwhile, the pairs pricing was able to increase by up to 104.50 after the upward momentum for the pair decreased and is expected to be sustained until the end of the New York session. The 4-hour chart for the pair showed the USD going over its current moving averages, with the 50, 100, and 200 EMAs exhibiting an upward direction. Resistance levels for the support is expected to be at 104.50, while support levels are expected to be at 104.00 points.

MACD levels for the pair exhibited a drop in seller strength due to its increase. RSI indicators are still in the overvalued range but could probably go lower as the trading session progresses. The negative outlook for the USD/JPY could possibly fade if the currency pair goes over 104.00 points, and buyers could be able to increase their profits if it reaches 105.00. Conversely, bears might be able to induce the pricing to go beneath 104.00 points.

EUR/USD Fundamental Analysis: November 8, 2016

The market is keen and waiting for the U.S. presidential election on November 8 afternoon time in USA. The polls shown a tight competition between the candidates. Traders learned from Brexit that it is much safer to be on standby and wait for the results that is why there is less volatility yesterday until this day. This day determines the short term trend for various instruments which is being anticipated by market players.

Yesterday was bearish for the pair as the U.S. Dollars strengthened with traders aspiring Clinton to win. It posited at 1.1050 and 1.1031 physiological levels. Volatility is expected for the day with the bearish trend to continue as the election closes by. The financial market is positioning with Clinton winning as this is what they want which is expected to further strengthen the U.S. Dollars once the results are out. However if the Republican candidate Donald Trump wins the election, this is not what is expected that may cause a short-term turmoil in the market.

There are no other major economic news to be released neither from the Euro region nor on the U.S.A today. Everyone is looking forward for the election which is the focus for the past weeks bringing volatility today and tomorrow. It is presumed for other data to come out after the election results are out. It is advisable for traders to be keen in their positions with tight stop losses.

EUR/USD Fundamental Analysis: November 9, 2016

The EUR/USD pair decreased in value and went below 1.1000 as the USD strengthened due to initial market predictions of a Clinton victory in the US elections. However, Trump has eventually caught up and is now leading the presidential race, with Trump possibly taking Florida, one of the key states for this election.

This unexpected unraveling in the elections has caught the market unawares, causing the EUR/USD to go over 1.1100 and is currently resting within the 1.1150 range. The currency pair has now increased by over 160 pips over the last two hours of trading due to the unexpected turn of events in the US elections. Generally, the market is not in favor of Trump becoming the president, but the majority of US citizens seem to think otherwise.

Analysts are expecting that if a Hillary victory ensues, then its effect on the market would be somewhat muted since a Clinton victory is what the market expects. However, if the coin flips and Trump comes out as the winner, then its effect on the market in general would be much more adverse and much more violent and could possibly cause a significant increase in market volatility.

GBP/USD Technical Analysis: November 9, 2016


The British pound demonstrated a mixed trades as of yesterday. On Tuesday morning, the sterling increased along with the better-than-expected data of the Manufacturing Production while softened in the midday due to a breakthrough of the greenbacks.

Still and all, the pound stayed in the pressured area yesterday as it continually traded in a tight range. The pair further attempted to make a better turn amid the Asian flat. The price made an immediate reversal which started from the 1.2400 level and transferred to the mark of 1.2436 where the bullish spike run-down, hence the GBP marginally curtailed.

The pair had buildup a selling pressure before the opening of the New York session and ploy under the 1.2400 level.

As it was indicated in the 4-hour chart, the price tried to enter the neutral stance of 200-EMA, however, gains are limited. Failure is already expected, sending it to the downside of the market. The 50-EMA crossover the 100-EMA in the same trading chart which both MA run after the neutral lines. Resistance is situated at 1.2400, support is fixed at 1.2300. MACD grew less and indicated weak position for buyers. RSI consolidated around the positive area.

GBP/USD is expected to maintain a negative scope and a close below 1.2400 have the possibility to prompt losses into the 1.2300.

USD/CAD Technical Analysis: November 9, 2011



Even after the recovery of petroleum prices, the loonie had declined while greens further bolster. The neutral points that occurred last week remained intact till now. Yesterday, the price is trading in a tight range in the middle of 1.3360 - 1.3400 levels.

The USD/CAD further decrease as it entered towards the lower range end, at the same time trying to break the 50-EMA lower during the trades on Tuesday.

Moreover, the U.S and Canadian dollar tested the 50-EMA where it encountered a stronger support for the price indicated on the 4-hour chart.

Moving averages keep moving with a bullish trend as it was also specified on the same timeframe. Resistance marked the 1.3400 level, support is located at 1.3300 region. MACD histogram subsided which implied growing strength for the sellers. RSI headed southwards and that affirmed a downward direction.

AUD/USD Fundamental Analysis: November 9, 2016

Aussie is dropping as market is reacting to the U.S Presidential election and the downhill of major U.S. indices such as Dow Jones Industrial Average futures contract, E-mini S&P 500 index and E-mini NASDAQ-100 futures declined by 3.71%, 4.50% and 4.57% respectively.

The U.S Presidential election is shaking the financial market with Republican candidate Donald Trump leading the match against the Democrat candidate Hilary Clinton.On early Wednesday, there has been a surge in demand for safe haven assets while the risky assets plummeted which is expected because of the election.

If Hilary Clinton wins the election, the pair AUD/USD would recover to highs but this is still fifty-fifty with U.S. having divided sides. Thus, the financial market is disrupted with this election.

USD/JPY Fundamental Analysis: November 10, 2016


The USD experienced a sharp surge against the JPY during Wednesdays trading session as a result of positive investor reaction to Donald Trumps shock victory in the US presidential elections. High-risk assets went lower during the start of the session, causing a number of investors to immediately move their funds into the safe haven currency JPY. This has then caused the USD/JPY to drop in its lowest levels for this October at 101.179 points. However, the pair eventually bounced back strongly after US equities were able to regain all their previous losses and closed down the previous session on a highly positive note.


The international equities market is still expected to experience a number of backlashes as the market unwillingly adjusts to this unprecedented Trump victory. Investors in the USD/JPY pair are also advised to prepare in the face of added volatility. The USD/JPY pair is expected to rally along with stocks if stocks continue to increase, but if stocks manage to drop then investors are expected to find refuge in the Japanese yen.


The Federal Open Market Committee (FOMC) is also expected to release a statement soon with regards to addressing concerns regarding the decreased possibility of a Fed rate hike, as well as highlight steps on how the central bank plans to address this sudden increase in market volatility. Market volatility is expected to last for a few more days until investors are able to follow the basic fundamentals.

EUR/USD Technical Analysis: November 10, 2016


As of now, there are no major economic releases in Europe which means there is no news about market movements. Moreover, the pair was deeply moved by external factors. The victory of Trump yesterday upset the dollar and cause it to decline.

The EUR/USD strengthened last night as it attained its highest level on the 8th of September. The pair was able to surpass other levels as it moved upward to the 1.1300 region. Subsequent to the testing of level, prices yielded its fresh highs and tried to withdraw resulting for a fall into the opening price.

The euro and dollar obtained the 1.1050 in the opening of post-European and consolidated its gains. The price pushed the 1.1050 level and draw additional losses at the 1.0950 amid the North American trading session. Moving averages developed through the neutral stance in the 4-hour chart. Resistance filled the 1.1100 region, support stayed at 1.1050 level. The MACD histogram weakens indicating sell signal. RSI kept intact in the neutral condition.

The dollar is expected to remain in the pressured area while the lower level has the tendency to lure buyers interest. The goal is set at the mark of 1.1100. The next level is supposed to see at 1.1150.

GBP/USD Fundamental Analysis: November 10, 2016


As expected, the market has been dominated by thought about Trumps success and his plans as the next president of the United States. The surprise victory of the newly elect President made the market to become extremely volatile considering that the market had least expected for this to happen. This shocking event tend to disturb the market by which British people know how it feels as they have experienced it during the Brexit referendum.

It was an unbelievable day for the GBPUSD since it was able to generate 200 pip within 16 hours.

The USD bolstered on Wednesday morning but immediately fell down after the election results. The pair further demonstrated a huge whipsaw pattern since the strength of the greens toggle every now and then. This also distresses long-term buyers and investors seeing the market to shift in different directions causing them to struggle in selecting for their trades.

As of this writing, the turmoil continues and it is recommended to keep away from the possible risk until the market recovered. Within a short range, it is expected the weakness seen in the US dollar will be apparent upon this week, however, there is no estimated duration how long this weakness will last.

GBP/USD Technical Analysis: November 10, 2016

The pound declined on Monday despite its recent uptrend which is because of House Price Index giving a positive outlook. The price stayed at 1.2400 level and did not recover. But it bounce back a little after the testing is done.
In its 100-EM chart, the decline halted while the price broke in the 50-EMA moving downtrend. On the other hand, the 100 and 200 EMA chart moves uptrend. The resistance level posited at 1.2500 with a support at 1.2400 level. The MACD histogram signals weakening of the buyers' position while the RSI is descending.
The break at 1.2400 level could proceed even lower towards 1.2300 level.

USD/JPY Fundamental Analysis: November 11, 2016

The USD increased tremendously against the JPY during Thursdays trading session after investors posted a somewhat hopeful sentiment towards President-elect Trumps term, as well as his ability to add stimulus to the US economy as well as increase the nations interest rates. The USD bounced back to 106.94, its highest level reached since July. The USD/JPY pair closed down the previous trading session at 106.793 points after increasing by +1.08% or 1.139 and is expected to make further gains at 3.5%.

Since today is a US bank holiday, the USD is expected to get high levels of support from the US Treasury market, which could possibly lead to limited upside activity or profit taking, especially since US Treasury yields reached its highest levels this week, its highest after 10 months. The USD/JPY could either increase further if the US reflation trade gains momentum and long-term US Treasury yields go higher, or the currency pair could be augmented by a steady flow of interest rate hikes from the Federal Reserve. However, there is also a possibility that the USD could lose its footing against the JPY, especially since one of the major highlights of the Trump presidency is protectionism, which could adversely affect the US foreign trade.

The recent activity of the USD as well as the US equity markets suggest that investors are expecting that Trump would be able to become successful with regards to expanding the US economy by way of tax cuts and fiscal spending. These could induce inflation levels and add up to the US debt, prompting the Fed to increase interest rates next year in a more frequent succession than previously expected.

USD/JPY Technical Analysis: November 11, 2016

The yen experienced added pressure due to the high demand for high-risk assets, while a renewed possibility for the Fed rate hike appeared yesterday following a positive US labor market report. The USD/JPY pair traded within high ranges during Thursdays session, with its price reverting back to 105.00 and even went further to 106.00 after going over 105.50 following a somewhat weakening during the Tokyo session. Sellers are now closely monitoring the 106.00 after quotations jumped from every attempt to return to the positive territory.

The USD/JPY pair is now expected to reach 106.50 and could possibly test the 107.00 region prior to the opening of the North American session. The currency pair is now a little ways over its moving averages in its 4-hour chart, with the 50, 100, and 200 EMAs projecting an upward direction. Resistance levels for the pair is expected to be at 107.00, while support levels are expected to come in at 106.50.

The MACD levels for the pair increased, indicating added buyer strength. Meanwhile, its RSI values are currently on the overvalued territory and is expected to go lower. The USD/JPY could extend its gains up to 107.00 if it manages to go over the 106.50 level.

GBP/USD Technical Analysis: November 11, 2016


The pound negatively had a dipped and stayed under pressure despite the selling wave of new oil along with the neutral sentiment result for EU banks. Even on Thursday, the pair is in a stable neutral position.

The British pound made a rebound from the level 1.2400 and further carried out a minor reversal for Wednesday's losses. The pound proceeded at 1.2500 amid EU session. Moreover, buyers fall short in expanding their gains, the price made a rotation as it performed a reversal then return again to 1.2400 which act as support.

As shown in the 4-hour chart, the price tested 200-EMA, however, it blocked the pairs movement upward. The cable pair is situated between the moving averages. The 50, 100 and 200 EMAs undertook the neutral position. Resistance leans towards the 1.2500 region, support is set at 1.2400. MACD kept a constant level, favoring for the strengthening of the buyers. The RSI indicator consolidated around the overbought levels.

There are assumptions that the pair can retest the 1.2500 level if both can make a recovery. Contrarily, a decline under the 1.2400 is expected which would indicate a short-term upward momentum easing and would enter to the mark 1.2300.

NZD/USD Fundamental Analysis: November 11, 2016

The New Zealand dollars went downhill because of concerns with the Trumps victory and the inflationary of economic policies. The kiwi closed at .7212 that declined by -0.92%. Although it increased initially when the results has been announced which is deemed to be the final rate cut this years interest cycle. The Reserve Bank of New Zealand lowered its benchmark borrowing rate to a record low of 1.75% yesterday, the third price easing this year. It is predicted only 20% probability of rate cut next year with the target rate at 1.7% by the Central bank.

The Weekly Unemployment Claims of U.S did not meet the expected results which reported 254,000 jobs while the Mortgage misdemeanors dropped by 4.52%. However, the Federal Budget Balance climbed from -44.2 billion to -81.9 billion and the 30-year Bond Auction also increased by 2.9% with 2.1 coverage with the former auction at 2.47/2.4.

It is a holiday on Friday where banks will be closed and this includes the Treasury market. Traders could use the U.S. Treasury Futures as a basis.

The profits earned in the U.S. equity market and U.S. dollars, there is a possibility for the short-term surge for Kiwi. Furthermore, the results of U.S. Presidential election is expected to bring inflation that may influence Fed rate hike more than what was predicted for 2017.

USD/JPY Fundamental Analysis: November 14, 2016

The USD experienced a sharp increase against the JPY following a series of investor reactions regarding Donald Trumps sudden victory in the US elections. The USD/JPY pair closed down last weeks session at 106.615 points after increasing by +3.45% or 3.552 points.

A large number of investors had a flight to safety on November 8 due to uncertainties brought about by the elections, a move highly similar to the Brexit referendum last June. This resulted to increases in the prices of gold and CHF, but as the market came to terms with a Trump victory this has resulted to a steady increase in the US dollar. The market is now expecting added inflation due to Trumps policies, which include added fiscal spending and production of trade. This has caused the US Treasury yields to increase, therefore putting upward pressure on the USD and making the USD a more sensible investment as compared to Japans government bonds. Analysts are now saying that this could compel the Federal Reserve to increase the frequency of its rate hikes.

The USD/JPY pair is expected to continue increasing if the US Treasury yields continue to strengthen as well. Major economic releases from Japan include the nations Preliminary GDP, which is expected to clock in at 0.2%, which is the same as the previous GDP report. For the US, expected economic releases are the Retail Sales data, Philadelphia Fed reports, Building Permits data and the Producer Price Index data. Federal Reserve Chairwoman Janet Yellen is also expected to make a statement on Thursday.

GBP/USD Fundamental Analysis: November 14, 2016

The GBP/USD also experienced the effect of the increased market volatility during the US elections, however its reaction was largely different compared to that of the other currency pairs. The GBP/USD pair was steadily increasing amid initial market expectations of a Clinton victory but as it became clear that Trump was winning the presidency, the currency pair suddenly increased in value as opposed to other currency pairs, which either went up and down or experienced a large decline.

The GBP/USD reached the 1.2550 range but slowly decreased as the market reconciled with a Trump victory and as the USD slowly regained some of its lost value. However, as the other currency pairs steadily dropped in value as the USD rose, the sterling pound instead rose higher and came to rest at a much higher trading range than the USD. This led to speculations that since the US was able to survive the sudden onslaught brought about by a Trump victory, the UK would also be able to hold off on its own as the Brexit progresses. The increase in the GBP was largely due to a minimizing of the initial market overreaction to Brexit, and causing the pair to go up to 1.2670 and ended the previous week with just a little below 1.2600.

The market is expecting the release of the CPI data and inflation reports from the UK this week, which could give hints regarding the overall status of the UK economy and help in evaluating the further effects of Brexit on the nations economy.