How to trade overbought EUR/USD, as market focus on ECB

  EUR/USD is on a dream run since January 2017 and now it is threatening to break its 2 year’s price range which is at 1.1712 level. The main reasons for this substantial rally are The political situation becomes much more stable in Euro zone since French elections. Growth has also accelerated for last 3 […]

New Zealand’s Quarterly CPI and NZD/USD Analysis

As uncertainty in global markets is gradually rising due to European elections as well as Geopolitical situations. In these times we will have the 1st look on New Zealand’s quarterly inflation data (CPI Q/Q) which are due at 22.45 GMT on Wednesday. As most of the analysts are expecting a 0.8% rise in Q/Q figure, […]

FOMC Preview

  FOMC Preview: Dollar Index and USD/JPY Analysis The FED committee met on Tuesday for their 2 days policy meeting despite a severe winter storm, Stella, which is hitting New York. It shows that they are very eager to hike. Their decision will be announced at 2 PM EST. The FED interest rate decision will […]

NFP Preview: what to expect from February’s job report

After a strong January’s job report which was published on 3rd Feb. 2017 where NFP increase by 227K and Average Hourly Earnings increased by 0.1% and unemployment rate also ticked higher to 4.8%. Both, Average Hourly Earnings were lower than expected i.e 0.3% and the unemployment rate was higher than expectations i.e 4.7%. So it […]

What is wrong with Gold and Silver

What is wrong with Gold and Silver: A quick look on their technical levels. From the beginning of 2017, we have witnessed a very unusual correlation developing in financial markets which dismissed all the previous theories. Generally, when equity market rallies, precious metals tends to slides as there are better fund-flow in equity than these […]

NZD, USD chart reaching towards some big RESISTANCE levels

ROAD AHEAD – NZD/USD chart reaching towards some big RESISTANCE levels New Zealand dollar (NZD), is having a very good run in Jan 2017, as it climbed from 23 December 2016 low i.e 0.6860 to 0.7312 high which it achieved today after better than expected CPI q/q data, which came 0.4% vs. expected 0.3%. During […]

Is The Palladium Rally Running Out Of Steam

Is The Palladium Rally Running Out Of Steam? Palladium had a great run in 2016. Last year palladium out performed most of the popular precious metals like gold, silver and platinum. It surged from a low of $450.00 per troy ounce to a high of almost $775.00 and another 10% in first couple of weeks in 2017. In 2014 […]


US Dollar remains under heavy selling pressure against all other major currencies throughout January 2017. And now it is trying to wipe out its all post-election rally gains. As after nearly 2 weeks of new government regime, markets are still waiting for some concrete fiscal policy announcements but Mr. Trump is keeping them on edge […]


After 2 weeks reaching out to 103.25, dollar is sliding continuously but now reaching toward some important levels. From the beginning of 2017, dollar index has slides from 103.25which also was a old trend line resistance (shown in exhibit 1) to 101 level due to some profit booking and Mr. Trump press conference which didnít […]