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XAU/USD: general review Current trend Yesterday the pair was trading in the range 1076.43-1069.34 and closed at opening levels, but today managed to overcome the support level at 1072.23 and falling. Today data on Retail Sales is due in the US. According to forecasts, the index will grow by...

USD/JPY: review and forecast Current trend Though expectations of a hike at the upcoming Fed meeting are growing, the JPY has strengthened. Futures traders are putting an 87.2% chance of a hike in US interest rates. At the same time, many investors suggest that a continuous growth in the...

NZD/USD: general review Current trend The Reserve Bank of New Zealand decreased its key interest rate from 2.75% to 2.5% in line with expectations. However, the NZD grew against the USD and approached last week highs. In its Rate Statement, the regulator stated that it expects stability...

USD/JPY: pair fell Current trend During the last two days the pair substantially fell. The pair was pressured by strong data on Machinery Orders for October in Japan that grew by 0.7% and significantly exceeded forecasts. In addition, the Yen is supported be revised data on the GDP for...

XAG/USD: in correction Current trend Yesterday on COMEX, the price of March futures on silver fell by 21.6 cents. The pair remains under pressure amid expectations of an interest rate hike in the US in December this year and a further cycle of gradual monetary policy tightening in the US...

XAU/USD: pair in correction Current trend The price of gold remains under pressure after the publication of Friday’s data on the US labour market for November. The Unemployment Rate remained unchanged at 5.0%, while the Nonfarm Payrolls came out better than forecasts. The data indicates a...

GBP/USD: general review Current trend Yesterday the Pound fell against the US Dollar. The USD was supported after the publication of Friday’s data on the US labour market. The Unemployment Rate remained unchanged at 5% in line with expectations, while the Nonfarm Payrolls amounted to 211...

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EUR/USD: NFPR had little effect Current trend Despite strong Friday’s data on the Nonfarm Payrolls in the US, the Dollar could not recover losses of Thursday. Nonetheless, November NFPR suggest a steady recovery of the US labour market. The figure came out stronger than was predicted by...

AUD/USD: Australia Dollar managed to strengthen Current trend On Thursday, the AUD/USD pair hit its new highs of the week. However, it should be noted that the pair strengthened in the second half of the day, while during the Asian session, the Australian currency was under pressure from...

Brent: general review Current trend Yesterday the price of Brent crude oil significantly corrected due to a Dollar decline and prior to the OPEC meeting, which is due today. According to the majority of experts, OPEC is not going to reduce quotes despite some speculation that Saudi Arabia...

AUD/USD: general analysis Current trend The AUD/USD pair is strengthening, though, according to macroeconomic statistics, Australia’s trade balance deficit grew to 3.305 billion. The Australian Dollar is under pressure due to a fall in iron ore prices and uncertainty about China’s...

XAU/USD: price of gold declines Current trend Since the opening of the trading day, the prices of gold and other precious metals are declining amid the strengthening in the US Dollar. The correlation between the price of gold and the EUR/USD pair is nearly 92%. The EUR is under strong...

EUR/USD: general analysis Current trend Yesterday, the European currency strengthened slightly against the US Dollar, which was under pressure from US statistics on ISM Manufacturing PMI. In November, the indicator declined from 50.1 to 48.6 points, while analysts forecasted a growth to...

USD/JPY: long positions preferred Current trend Since the beginning of Asian session today the USD/JPY pair fell. The pair was pressured by poor data on the Chinese manufacturing sector that showed further cooling of the Chinese economy. In addition, pressure on the pair comes amid...

USD/CHF: growth potential remains Current trend Since the beginning of this week the USD/CHF pair was falling. However, today poor macroeconomic statistics from Switzerland supported the pair. The SVME – Purchasing Managers’ Index for November fell to 49.7 points, while Real Retail Sales...

XAG/USD: pair in flat Current trend Today the XAG/USD pair is growing. However, the pair remains under pressure amid investors’ expectations of an interest rates hike in the US in December. According to the Fed Fund Futures, the probability of the rate increase in December is at 78%. On...

AUD/USD: pair under pressure Current trend Today the AUD/USD pair is falling. The pair is pressured by investors expectations of an interest rates increase in the US at the December Fed’ meeting and further monetary policy easing in Australia. In addition, Australian economic problems may...

XAU/USD: pair resumed fall Current trend After Thanksgiving Day in the US yesterday when American markets were closed and volatility remained low, since today’s opening the XAU/USD pair is falling. Most likely, amid expectations of monetary policy tightening in the US downward dynamics in...

USD/CAD: in upward trend Current trend Since the opening of the Asian session, the US Dollar has been growing. Yesterday, the US currency gained support from macroeconomic statistics that strengthened expectations of a hike in US interest rates at the upcoming Fed meeting. US Energy...