Why FX Volatility Has Been Falling, And What To Do About It

​​​​​​There’s no doubt about it – volatility in the foreign exchange markets has been falling recently. The Deutsche Bank historical volatility index of the major G7 currencies, while not quite back to the lows of 2014, is certainly getting there. The slowdown is evident across the board in all currencies, including the commodity

USDCAD Analysis – Re-test of the broken trend line.

USDCAD initially fell but then rallied. We have to note that this pair had a big sell off the previous week. This resulted in the break of up trend line on the 4-hour time frame and then this week's rally is towards the broken trend line. Trading idea Watch the price action

EURUSD trading idea for the coming week of 26 Aug 2019

EURUSD initially fell last week and then rallied to the upside in a massive bullish candle on Friday due to the weakness in the US Dollar due to the trade war situation. Therefore we will now consider the previous consolidation zone as support. Pull backs towards the support zone will

EURUSD trading idea for the coming week of 19 Aug 2019

This currency pair has been falling for obvious reasons. The European central bank has a prolonged expansionary monetary policy. The German economy is struggling. Overall risk averse market sentiment still prevails, even with some occasional relief news. The result of all these means that only sell opportunities are preferable at

USDCAD Trading idea for the coming week of 19 Aug 2019

USDCAD Last week USDCAD rallied towards resistance of 1.3450, but retraced back down without being able to make a new high. Therefore, it is expected to reach for the support zone as shown on the chart below. It is preferable to wait until the pair reaches towards the support zone. Once there,

USDCAD Trading idea for the coming week of 12 Aug 2019

Last week the currency pair USDCAD initially rallied but then fell to form quite a negative candle. However, when we look into 4-hour timeframe, we can see a clear uptrend. In fact the pair is currently sitting at the support zone where we can potentially look for signs of support. At