Forexminute.com

Contrary to popular belief, price action and fundamental analysis share a lot in common. By “a lot” I’m referring to the one thing that makes both techniques possible – Forex news events. Without news events the price...

Good Afternoon Forex Friends Due to some technical issue, our website link was down.It is working fine now, Thanks for the IT guys. In our previous analysis we were expecting 1301-05 level before new a bounce.Price move lower and touch 1311 with a...

Barclays is trading in a downward channel on a daily time frame. The price has clearly broken its upward trend line (shown in purple line) which means that the uptrend is no longer valid. As long as the price is trading within this downward channel the...

The Australian dollar extended its overnight bullish trend against its Canadian counterpart on Friday morning in Asia, rising to a 3-day high of 0.9514, up from yesterday's 4-month low of 0.9412. The pair briefly touched the trend-line resistance of...

Global macro overview for 03/08/2016: The ADP employment data is scheduled for release at 12:15 pm GMT, and it can be a good indicator of the Friday's NFP payrolls figure. The market participants expect the number to be 171K, just 1K more than a month...