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In the opening day, EUR USD pair got a strong up trend and already hit 335 Pips. I never see in the weekly chart for my personal trade because I am not much expert on manual trade. But I saw, lot of EA also got a huge loss or d/d due to strong trend...
Morgan Stanley is making the forecast for USD for the current week telling about bullish market condition: "With the Fed minutes leaving the option of a September rate hike open, the USD will be extremely data sensitive. Weak global demand is likely to continue weighing on manufacturing figures...
On Monday gold climbed to fresh seven-week peak, as grinding drop in global equities and the U.S. dollar boosted demand for a haven metal...
The journey of the eurusd price to 0.665 seems to have started. I was planning to start a new demo account, but luckily the account is still alive. Never a fan of fundamental analysis, but the fall across stock markets indicate the beginning of a new low...
The journey of the gold price to 500 seems to have started. I was planning to start a new demo account, but luckily the account is still alive. Never a fan of fundamental analysis, but the fall across stock markets indicate the beginning of a new low...
Just a few months ago, more and more analysts predicted the euro-dollar parity, while today the single currency is one of the very few assets rallying. The list also includes the Swiss franc, U.S. Treasurys and gold...
On Monday the greenback was lower versus the yen, euro impacted by a sharp drop in Chinese stocks overnight which added to worries over the growth in the world's second largest economy. This, in turn, spurred concerns over the timing of the Fed rate hike...
Morgan Stanley sees the JPY as a bullish but it is may risky on related to the ranging market condition based on CNY depreciation: "We believe JPY should be a relative outperformer going forward...
GBPUSD: GBP continues to face upside pressure following its corrective recovery bullish offensive. With the pair trading above its cluster of resistance at the 1.5689/77 zone, more strength is envisaged. Further out, resistance resides at the 1.5800 level followed by the 1.5800 level...
Analyst at Bloomberg Intelligence is being interviewed by Kitco, as news from China keep dominating headlines Monday...
The plunge in oil prices continued on Monday, in line with the selloff in wider financial markets, as market players were taken aback by the rout in Chinese equity markets and fears about global economic growth...
Current trend Last week, the GBP strengthened against the USD, reaching new local highs since the beginning of July. The "bullish" dynamics was triggered by the instability of the US dollar amid the publication of various macroeconomic and news releases...
UBS Global Chief Investment Officer Mark Haefele said in a note that investors should brace for further volatility in the equity markets...
Morgan Stanley is considering the this is a good time to be with EUR forecasting bullish for the next few weeks: "We believe EUR is likely to outperform over the next few weeks. The risk-off environment is likely to drive repatriation flows, which should be EUR supportive...
The week has a light start, while later on it looks more saturated. Germany and the United Kingdom are expected to publish their GDPs for the second quarter...
Monday Asia trade saw the yen rising against its rivals, as concerns about the Chinese growth prompted investors to seek shelter...
Daily price was reversed to the bullish market condition by breaking Ichimoku cloud from below to above. The price broke 1.1409 resistance level on the way to 1.1466 bullish target...
In the forex community, everybody knows about copy trades. So, I am not giving any explanation about copy trades. If you like to know about how to do copy trades, you can visit this link to read the details. https://www.mql5...
