OctaFX

Analysts at Danske Bank see positive developments for a move higher in crude oil prices, like today’s OPEC agreement. They see the WTI barrel rising t

2 days ago

AUD/USD consolidates weekly losses around 0.7200

The AUD/USD pair is about to end the week hovering around 0.7200. Price remains in a range between 0.7240 and 0.7200, almost 200 pips below the peak i

2 days ago

EUR/USD Technical Analysis: Euro ending the week hugging 1.1400 resistance

EUR/USD daily chart EUR/USD is in a bear trend below the 200-day simple moving average (SMA) as the single currency is trapped between the 1.1300 a

2 days ago

United States Baker Hughes US Oil Rig Count fell from previous 887 to 877

2 days ago

USD/JPY: Yen could outperform in 2019 despite BoJ QQE - Rabobank

Analysts at Rabobank expect the Bank of Japan to remain committed to QQE in 2019 but still, they see scope for the JPY to perform well on safe-haven d

2 days ago

Eurozone: ECB, PMI, ZEW and car registration numbers - Danske Bank

Key events next week in the Eurozone, includes the European Central Bank meeting. Analysts at Danske Bank expect the ECB to officially end the QE pro

2 days ago

GBP/USD remains in weekly range, ahead of a decisive week in the UK

The GBP/USD pair is trading around 1.2740/50, at the same level it closed a week ago. Recently printed a fresh daily low at 1.2725, despite US dollar

2 days ago

US: November jobs report did not do much to allay concerns - Wells Fargo

The US November jobs report showed that the economy created 155K new jobs, below the 195K of market consensus. Although softer than expected, analysts

2 days ago

Canada: Largest net job creation since 2012 - NBF

Today’s data showed better-than-expected number with an increase in employment of 94K above the 11K of market consensus and the unemployment rato drop

2 days ago

Oil Technical Analysis: Target achieved as Black Gold surges to $54.00 a barrel

Oil weekly chart Oil WTI is evolving in a bear trend as it sharply reversed the yearly gains. As forecast, $53.00 a barrel target has been achiev

2 days ago

United States EIA Natural Gas Storage change came in at -63B, above expectations (-64B) in November 28

2 days ago

USD/CAD Technical Analysis: Bearish target achieved as Greenback collapses below 1.3300 figure on strong Canadian jobs data

USD/CAD daily chart USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA). As forecast, the bearish target at 1.3340 h

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