News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
More View more
Real Time News
  • Heads Up:🇬🇧 Public Sector Net Borrowing (MAY) due at 06:00 GMT (15min) Expected: £-26.1B Previous: £-31.7B
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:
  • (Tech Special) Canadian Dollar Outlook: USD/CAD Surge Hits Obstacles, Where to Next? #CAD $USDCAD #Loonie #technicalanalysis
  • Hang Seng Tech Index - Bullish MACD Convergence is forming - #HSTECH chart
  • 🇳🇱 Consumer Confidence (JUN) Actual: -3 Previous: -9
  • There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Learn about the characteristics of each session here:
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Gold are long at 87.34%, while traders in France 40 are at opposite extremes with 74.19%. See the summary chart below and full details and charts on DailyFX:
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: -0.07% 🇯🇵JPY: -0.07% 🇨🇦CAD: -0.10% 🇨🇭CHF: -0.15% 🇳🇿NZD: -0.15% 🇦🇺AUD: -0.26% View the performance of all markets via
  • Heads Up:🇳🇱 Consumer Confidence (JUN) due at 04:30 GMT (15min) Previous: -9
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: France 40: 0.37% FTSE 100: 0.27% Germany 30: 0.26% Wall Street: 0.22% US 500: 0.18% View the performance of all markets via
BoJ & FOMC Price Action Preview

BoJ & FOMC Price Action Preview

James Stanley, Senior Strategist

Talking Points

To receive James Stanley’s analysis directly via email, please SIGN UP HERE

- In this webinar, we used price action to analyze major FX markets ahead of a major Central Bank decisions out of Japan, the United States and New Zealand.

- We first went over the Bank of Japan and the Japanese Yen, which we had also discussed this morning in the article, BoJ Preview: ‘Comprehensive Assessment’ to Set the Tone. At this meeting, the Bank of Japan has previously said that they were going to offer a ‘review’ of current monetary policy framework, and this could give markets an indication of how the BoJ may be looking to move moving forward. This could, potentially, open the door for another increase to their stimulus program; or it could highlight that the BoJ is looking to change the pace of their approach given the apparent diminishing marginal impact of additional QE.

- We started off by looking at the technical formation in USD/JPY, and given that tonight’s BoJ meeting presents an absolute risk, the longer-term support found around the ¥100.00-level could be appealing for top-side plays. We discussed the technical formation in yesterday’s Market Talk, and you’re certainly welcome to check that out by clicking on this link.

- We then moved around the Yen-complex in the effort of finding candidates for both Yen strength and Yen weakness. For Yen strength we looked at GBP/JPY, while for Yen weakness we looked at AUD/JPY, EUR/JPY and NZD/JPY.

- We also previewed tomorrow’s FOMC announcement, in which the general expectation appears to be for a recursion of last September’s FOMC announcement in which the bank posed a ‘hawkish hold’ scenario. Last year, stocks initially rallied on news of no rate hike, only to reverse aggressively as the Fed took on a hawkish stance towards hikes in the remainder of the year.

--- Written by James Stanley, Analyst for

To receive James Stanley’s analysis directly via email, please SIGN UP HERE

Contact and follow James on Twitter: @JStanleyFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.