Daily economic digest from Forex.ee Stay informed of the key economic events Monday, June 1st The Australian dollar fell against its U.S. counterpart on Friday closing the session at 0.7642. Altogether, the pair lost 2.41% during the previous week...
Daily price was on good breakdown for the last week: the price broke key support levels incl Ichimoku cloud and came to the primary bearish zone on this timeframe. D1 price was stopped by 1180.13 support level near 'reversal' Senkou Span A line on the way to downtrend...
EUR USD, “Euro vs US Dollar”Euro continues forming a five-wave structure [i] of 1 of (3) of a large descending impulse. In the nearest future, the market is expected to complete this structure and start a short-term correction inside wave [ii] of 1 of (3...
US Dollar - "Interest rate forecasting has proven the most tangible motivator for fundamental traders these past months, but it is not the only game in town for price and volatility. Risk trends should not be underestimated for its heavy influence over the market...
Cleaner positioning. "Equally, positioning metrics suggest that dollar longs have being pared back. A regression of currency manager index returns against the DXY now points to flat positioning, while the IMM shows a greater than 50% paring back in dollar longs," Deutsche Bank notes...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish EURUSD dropped below the support line at 1.0850 last week, but could not remain there - rallying over 150 pips to test the resistance line at 1.1000...
In this article I will provide my view on the CHF/JPY, AUD/USD and the GBP/AUD. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
The NZD has moved to near four year lows against the greenback. The next few days will determine if the market supports it's move. We're expecting a little bounce as investors take some short profits...
1. Be different. If you think that making money is about doing exactly as everyone else is, then you have got it all wrong according to Buffett. 2. Be a planner. Buffet calls it “thumb sucking” when you sit around and act like a kid that doesn’t know what to do...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my review on the FxTaTrader strategy...
Bonds. These are generally regarded as among the safest income investments, as they are essentially a loan made with the promise of more being repaid than what is loaned. Dividend Stocks...
As usual, let us start with a few words regarding our forecast for the previous week. And so: - for the EUR/USD pair we envisaged two possible scenarios, one of which, supported by 52% of analysts and 82% of indicators, came true – the pair broke through strong support at the level of 1...
Since 2008, the United States has experienced historically unprecedented programs to spur the economy. There was quantitative-easing program one (QE1), QE2, Operation Twist, and QE3, which made available significant amounts of credit for the banks to loan out to the public...
Reduce loss in trades. I wonder why some people keep their failed open positions for a long time after failure, by hope to see the price gets back! Waiting and going down in loss, bigger negative profit they gain! And there is a question: when did the trader find out that he made reverse trade...
Michael Lewis on Dick Thaler, the Economist Who Realized How Crazy We Are (BV) 11% of hedge funds manage 92% of total industry capital (CIO) see also The Billion Dollar Club (TRB) Lehman Brothers ex-CEO blames everyone else for financial crisis (Politico) Why Do Former High-School Athletes Make M...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Dim growth and inflation put the Fed into a difficult situation. What are the latest rate hike predictions...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, May 29th On Thursday, GBP/USD went down after data release of UK GBP, which was slightly weaker than expected. GBP fell to 1.5259 before consolidating at 1.5323 during the Asian session today. EUR/GBP soared to 0...
A marked downward revision in the preliminary 1Q U.S. Gross Domestic Product (GDP) report may drag on the greenback and spur a near-term rebound in EUR/USD as the Federal Reserve looks to carry its zero-interest rate policy into the second-half of 2015...
