Jignesh Davda

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Jignesh is an analyst and trader, specializing in currencies and commodities. He utilizes a macro view as well as a proprietary method of pattern recognition that is based on the principles of Elliott wave. His focus is to assess strength in trends, and perceiving high potential turning points in the markets. He brings over 4 years of experience in his current role.
Euro Dollar EUR/USD

EUR/USD Weekly Forecast September 18-22

EUR/USD was under pressure in the early week but recovered in the second half of the week to erase about half of the week’s...
crude oil pumpjack

Crude Oil Prices Weekly Forecast September 18-22

WTI crude oil prices (USOIL) gained for a second consecutive week and seen once again attacking resistance at the psychological $50.00 handle. Oil...
Japan

USD/JPY Set To Close The Week With The Largest Gain In 10 Months

After a brief pause yesterday, USD/JPY extended higher today, on track to post a fourth day of gains this week and to print the...
Euro Dollar EUR/USD

EUR/USD Advances For a Second Consecutive Session, Boosted By Weak US Data

EUR/USD broke higher in the European session today and was boosted by weaker than expected US retail sales data. While the pair has...
Japan

USD/JPY Rally Losing Momentum

USD/JPY is on pace to post a fourth day of gains, the longest winning streak in four months. However, momentum is seen slowing...
Euro Dollar EUR/USD

EUR/USD Attempting To Hold Above Horizontal Support

EUR/USD dipped lower following stronger than expected US CPI data but failed to sustain losses and is seen trading virtually unchanged as of the...
Japan USA Flags

USD/JPY On Track To Post A Third Consecutive Day of Gains

USD/JPY is set to post a third day of gains, the longest winning streak in five months. The pair was boosted by a...
Euro

EUR/USD Breaks Lower On A Stronger Dollar

The greenback outperformed all of its major counterparts in European trading today despite a weaker than expected US data release. EUR/USD declined about...
Japanese Yen

USD/JPY Extends Gains, Testing Critical Resistance

USD/JPY is on track to post a second day of gains and has wiped out last week’s loss in the two-day rally. The...
Euro

EUR/USD Recovers Early Day Losses

EUR/USD reversed at the North American open and has wiped losses from earlier in the day. The reversal took place slightly ahead of...

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Euro Dollar EUR/USD

EUR/USD Weekly Forecast September 18-22

EUR/USD was under pressure in the early week but recovered in the second half of the week to erase about half of the week’s...
crude oil pumpjack

Crude Oil Prices Weekly Forecast September 18-22

WTI crude oil prices (USOIL) gained for a second consecutive week and seen once again attacking resistance at the psychological $50.00 handle. Oil...
US Dollar

DJIA Today: Dow Jones Futures Extend Record Run to Four Days

The Dow Jones Industrial Average rose again on Friday, extending its record-setting pace to four days, with defense contractors and technology firms leading the...
USA

S&P 500 Futures Hit Record as Investors Shrug Off North Korea Threat

U.S. stocks advanced Friday, with the S&P 500 Index closing at a new all-time high as investors shrugged off North Korea’s latest provocation.The benchmark...

Coffee Prices: Robusta Falls as Speculators Exit Positions

Robusta coffee futures, which have been well supported for months due to razor-thin supplies fell on Friday due to a round of speculator selling...
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