You should be trading currencies next week because excluding the U.S. Presidential election on November 8th, the next 5 days are jam packed with major event risks...
This trading week is ended with some results concerning Hang Seng Index: the price broke Ichimoku cloud to below to be reversed from the ranging bearish market condition to the primary bullish trend...
Gold Prices Mark Time as US GDP Data Looms Ahead Talking Points: Gold prices stall as markets look to US GDP for Fed path guidance Crude oil prices edge higher as Brazil joins output cut negotiations Sideline comments from OPEC meeting may prove market-moving...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, October 28th EUR/USD Current price: 1.0910 (0.1%) Session range: Open 1.0896 High 1.0926 Low 1.0893...
The USD rally continues as data validates a December rate hike The first of three releases of U.S. third quarter gross domestic product (GDP) data will be published on Friday, October 28 at 8:30 am EDT. The advanced GDP is reported 30 days after the end of the quarter...
Amazon Misses Earnings, Google Beats and Risk Trends on Alert Talking Points Amazon missed earnings estimates today, EPS was reported $52 cents per share versus $78 expected Google beat it’s earnings estimates today, EPS was reported $9.06 per share versus $8...
The big story in the foreign exchange market today was USD/JPY and its break above 105. For the past 5 trading days USD/JPY had been quietly trickling higher and today right around the London close it took out this key psychological barrier...
Trading successfully (at size) for any meaningful period of time is almost impossible without a clearly defined structure in place. More specifically: a structure that can be improved upon dynamically...
USDJPY: With the pair following through higher the on Thursday, further upside pressure is likely. On the downside, support comes in at the 105.00 level where a break if seen will aim at the 104.50 level. A cut through here will turn focus to the 104.00 level and possibly lower towards the 103...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, October 27th GBP/USD Current price: 1.2208 (-0.3%) Session range: Open 1.2246 High 1.2250 Low 1.2200...
M5 setup with Currency Strength and Currency Impulse (If you read first time about Impulse please check tradingsystem here and here) Using entry signal m5 currency Impulse...
Over the past 24 hours many of our clients have asked if the U.S. dollar has peaked and now prime for a major reversal. This question is largely sparked by the 2-day decline in the Dollar Index and the fact that it is aiming for 98.00...
GOLD: Having rejected upside pressure to close lower on Wednesday, further weakness is envisaged. On the downside, support comes in at the 1,260.00 level where a break will turn attention to the 1,250.00 level. Further down, a cut through here will open the door for a move lower towards the 1,240...
Daily Brexit Briefing: May Eases on Carney, UK GDP Ahead Talking Points Research group saysUK facing £84 billion black hole in its public finances. BOE Governor Mark Carney’s future in focus. Trade Minister says UK needs to reach EU deal before Brexit...