Technical Analysis

Canadian inflation in focus – breakout for the USD/CAD ahead?


USD/CAD economic events calendar

Source: Economic Events April 17, 2019 - Admiral Markets' Forex Calendar


Even though volatility in FX markets continues to drop, the USD/CAD finds itself faced with at least one last potential high-volatility event before Easter: the Canadian inflation rate.

In Februar

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Head-shoulder formation in Gold still playing out, 1,275 in focus


Source: Economic Events April 15, 2019 - Admiral Markets' Forex Calendar


The technical picture for Gold remains very interesting with an ongoing head-shoulder formation on the daily chart.

Even though Gold bulls made an attempt to push Gold back above 1,300 USD during the

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Could the Michigan Consumer Sentiment act as bullish driver for the USD/JPY?


USD/JPY economic events calendar

Source: Economic Events April 12, 2019 - Admiral Markets' Forex Calendar


As we move towards the weekly close, the USD/JPY is worth another look in response to the Michigan Consumer Confidence dataset being published at 2pm GMT.

The data is expected to come in at 98.0 p

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Will the ECB push the EUR/USD below 1.1200 today?


Economic events calendar

Source: Economic Events April 10, 2019 - Admiral Markets' Forex Calendar


Today all eyes will be on the ECB rate decision. Since the last rate decision at the beginning of March, the technical picture for the EUR/USD hasn't dramatically changed with the currency pair stil

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Head-shoulder chart formation in Gold – focus on key-support at 1,275/277


Economic events calendar

Source: Economic Events April 8, 2019 - Admiral Markets' Forex Calendar


After the Non-Farm Payrolls last Friday printed at 196,000, with the average hourly earnings coming in at 0.1% against 0.3% expected (MoM), the technical side in Gold becomes very interesting.

As e

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.