Even if you are an intraday trader, you need to understand the big picture and foresee where the market is going. Being able to identify long-term trends is a vital skill for those who are serious about trading...
AUD/NZD reversed from resistance level 1.0310 Next sell target - 1.0200 AUD/NZD continues to decline – after the earlier downward reversal from the resistance level 1.0310 (former powerful support level which stopped the previous intermediate impulse wave (1) in July, as can be seen below...
You want to snatch a round sum of money, but remain hesitant on what to bet. We are ready to give you some guts. Let’s look at GBP/USD exchange rate forecasts from some forex market majors...
There’s a bearish “Shooting Star” at the local high. If it confirms, the price is likely going to get a support on the nearest Moving Averages. As we can see on the Daily chart, the middle of the last huge black candle acted as a resistance again...
There’s a consolidation above the 55 Moving Average, which brought a “Harami” and a “Doji” patterns. Therefore, the price is likely going to test the nearest resistance line once again. If we have a pullback from this level, then bears will likely try to deliver a new low...
The Bank of Japan is on the verge of making negative interest rates the centerpiece of its future monetary easing by simply shifting its prime policy target from base money to interest rates at its review next week...
China's graft watchdog disclosed a bunch of serious problems at the country's securities regulator for recent years, such as illegal share trading by officials' family members, thus helping the head of the regulator to vow to suppress corruption...
On Wednesday, Asian shares were mostly mixed on weakness in American equities as well as continued concerns that global major banks will soon reverse their easing schemes. Japan’s Nikkei Stock Average tumbled 0.2%. The Shanghai Composite Index lost 0.3%, while the Hang Seng Index soared 0.2...
On Wednesday, the Japanese yen weakened during Asia trade, as traders reacted to a report on probable changes to the Bank of Japan's easing policies, while the New Zealand dollar rebounded after a wider than expected current account deficit. The currency pair USD/JPY traded at 103.05, rising 0...
On Wednesday, crude oil held early revenues in Asia after American industry data revealed a lower than expected build in stockpiles. In New York, October delivery crude futures edged up 0.40%, hitting $45.08 per barrel, while in London, November delivery Brent futures soared 0.15%, trading at $47...
On Wednesday, the New Zealand dollar held weaker in Asia after a wider than expected current account deficit with traders increasingly focused on major bank board gatherings next week in America and Japan...
U.S. 1-YEAR BILL BID-TO-COVER RATIO 3.48...
U.S. 4-WEEK BILL BID-TO-COVER RATIO 3.76...
U.S. SELLS $35 BLN 4-WEEK BILLS AT HIGH RATE 0.250 PCT, AWARDS 15.41 PCT OF BIDS AT HIGH...
FRANCE'S CAC DOWN 1.2 PCT; GERMANY'S DAX DOWN 0.5 PCT...
UK'S FTSE FTSE DOWN 0.5 PCT; SPAIN'S IBEX DOWN 1.4 PCT...
EUROPE'S STOXX 600 PROVISIONALLY ENDS DOWN 1 PCT...
FTSEUROFIRST 300 PROVISIONALLY CLOSES DOWN 0.95 PERCENT AT 1,333.88...
US 10-YEAR TREASURY YIELDS RISE TO 1.6993 PERCENT, HIGHEST SINCE JUNE 24...
U.S. DOLLAR HITS SESSION HIGH VS SWISS FRANC OF 0.9740 FRANC...
