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This week the G10 FX Financial Scorecard recommends buying CHF, GBP and EUR while selling JPY, NOK and SEK (see suggested weights in portfolio in table below). Last week’s signals resulted in a 0.75% loss. In particular, the long GBP and short JPY positions were expensive...
The G20 summit is the most important event of the week and could become a key driver of the G10 FX markets. The G20 finance ministers and central bankers will discuss ways to respond to the latest global growth slowdown and the resulting turmoil in the global markets...
Why it is not fashionable and prestigious to be a trader on Forex market? In this article, I want to talk about the following questions: Why the Forex market and trading in it has such a bad reputation? Why to be a FX trader is not fashionable, not prestigious...
Here are the views of a number of currency analysts in the wake of Monday’s deep slide in the pound sterling exchange rate complex. The British pound has fallen in dramatic fashion at the start of the new week as the uncertainty posed by the EU referendum is digested by currency traders...
A result of the short position in #EURUSD was fixed at 1.1134. However, today we re-entered to the market to sale again. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
An order to sale #USDJPY has activated, but as a result the position was closed with almost zero #profit. At the moment, we have no open positions, but we are ready to enter at any time. Find out more by checking out the Source Link...
GBP’s rebound at the end of last week has proven short-lived, with GBPUSD breaking below 1.4200 this morning currently hovering around 1.4050, notes BNP Paribas...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: continues to trade in its recent range, with good support coming in around 1.1000 and offers expected closer to 1.1300...
The weakness of the student cast a shadow over the European and the German manufacturing sector Germany The weak global demand a significant impact on the German economy for this month While Germany has been able to escape the global headwinds through 2015 and maintain the pace of expansion in th...
Growth Fades, Risk Grows for EUR/USD, GBP/USD Talking Points: - EUR/USD dives below $1.1050 after weak Euro-Zone PMIs. - GBP/USD shocked by 'Brexit' headlines over weekend. - As market volatility rises, it's a good time to review the "Traits of Successful Traders" series...
Pivot Points-Hourly Last Updated: Feb 22, 4:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.09755 1.10011 1.10136 1.10267 1.10392 1.10523 1.10779 USD/JPY 112.811 113.015 113.097 113.219 113.301 113.423 113.627 GBP/USD 1.39578 1.40227 1.40541 1.40876 1.4119 1.41525 1.42174 USD/CHF 0.99296 0...
Pivot Points-Hourly Last Updated: Feb 22, 3:00 pm +03:00 Symbol S3 S2...
European desks are up and running and the pound's under attack. Further to my earlier post confirming my bearish view we've seen another wave of selling as traders get to grips with the possibility/reality of the referendum vote being a lot closer than might have been perceived in some quarters...
Forex Weekly Trading Forecasts: Fed Forecasts, Brexit and China Just a Few Key Themes This Week Key financial market themes are finding traction between key data (ie US inflation), events (G-20) and headlines (EU Brexit headway). Will volatility evolve into trend...
Dear Traders, The performance of the U.S. dollar failed to impress despite a stronger consumer price report Friday. While we were looking for increased bearish momentum in the EUR/USD after a break below 1.1070, the short dip turned out to be a false break-out of the euro's narrow trading range...
Pre US Open, Daily Technical Analysis Monday, February 22, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.1145 Most Likely Scenario: short positions below 1...
OIL VOLATILITY, CENTRAL BANK COMMENTS AND G20 TO SPARK GLOBAL COOPERATION DEBATE The USD had mixed results versus major pairs during the past week...
Pivot Points-Hourly Last Updated: Feb 22, 1:30 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10594 1.10717 1.10758 1.1084 1.10881 1.10963 1.11086 USD/JPY 112.293 112.627 112.84 112.961 113.174 113.295 113.629 GBP/USD 1.41122 1.41398 1.41578 1.41674 1.41854 1.4195 1.42226 USD/CHF 0.98889 0...