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.
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USD/CAD Holds Near Range Resistance Despite Break in Oil Prices

Volatility slowed in the currency markets as US banks were off in observance of President's day. USD/CAD remains relatively unchanged from Friday's close...
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AUD/USD Edges Higher Ahead Of RBA Meeting Minutes

There was a slowdown in volatility to start out the new week as US banks were off in observance of President's day. The...
New Zealand

NZD/USD Little Changed In Holiday Trading

NZD/USD has traded within a tight range to start the new week. The pair gapped slightly lower to start out the new week...
usdcad canadian dollar

USD/CAD Weekly Forecast February 20-24

USD/CAD traded in a tight range over the past week and remains relatively unchanged on a week over week basis. Downside support displayed...
Euro

EUR/USD Weekly Forecast February 20-24

EUR/USD traded in a volatile manner in the past week as early week losses were abruptly erased following a mid-week reversal. The net...
usdcad canadian flag

USD/CAD Remains Rangebound For The Week

USD/CAD has traded in a tight range over the past week and is seen at range resistance nearing the weekly market close. The...
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NZD/USD Turns Lower To Erase Weekly Gain

After trading in a tight range on Thursday, NZD/USD turned lower, erasing about three quarters of Wednesday's gain. The pair has turned back...
Australian Dollar AUD

AUD/USD Declines For Second Consecutive Session As The Dollar Recovers

AUD/USD extended lower on Friday, weighed by a recovery in the greenback. The pair trades relatively unchanged for the week following today's drop...
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NZD/USD Fails To Follow Through Following Wednesday’s Advance

NZD/USD reversed sharply higher on Wednesday, inspired by a weaker dollar following the US CPI and retail sales release. The pair posted a...
Canada

USD/CAD Continues To Hold Above The Psychological 1.3000 Handle

USD/CAD caught a bid slightly above the 1.3000 handle on Thursday despite a gain in oil prices and continued pressure on the greenback. ...
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bulls and bears

Top 5 Economic Calendar Events for February 27th-March 4th

Economic data releases will have a major impact during the week across all major markets.The US will release the latest PCE inflation reading with...
crude oil

Crude Oil Prices Weekly Forecast February 27-March 3

Oil prices remain locked in a sideways trading range, the pattern that has characterized action in crude oil essentially since a peak was established...
Gold

Gold Prices Weekly Forecast February 27-March 3

Gold prices ended last week on a strong note, as dollar weakness following the release of the minutes of the January FOMC meeting on...
Euro

EUR/USD Weekly Forecast February 27-March 3

The euro ended the week lower against the dollar, with EUR/USD closing Friday at 1.0560, a loss of 0.45% over the prior Friday's close....
USA

DJIA Today: Dow Jones Futures Extend Winning Streak to 11 Days

Wall Street finished on a positive note Friday, with the Dow Jones Industrial Average registering its eleventh consecutive gain.The Dow was on track for...