All Blogs
THE USD ADVANCED 0.353 VERSUS THE CAD IN THE LAST 24 HOURS The USD/CAD touched multi-year highs (1.4316) as the price of oil continues to tumble as supply is far outstripping demand around the globe. The loonie was last at the 70 cent level in 2003...
We've been seeing signs that wage growth is on the horizon for quite some time. For example, small businesses have reported planning to increase compensation and have cited "labor quality" as one of their biggest concerns...
EURUSD: With EUR remaining weak and vulnerable to the downside, risk remains lower on bear pressure. This view remains valid as long as the 1.0969/1.0000 resistance zone remains unbroken. Support lies at the 1.0800 level. Further down, support lies at the 1...
The December jobs report raises the chance that the Federal Reserve will hike rates by at least three times, perhaps four, this year, "because the report increases the likelihood that U.S...
Chinese shares continued last week's plunge, with the Shanghai Composite off 5.3% and the Shenzhen Composite falling 6.6%. Both indices closed on their lows...
United Kingdom The results were negative for the United Kingdom today, where industrial production fell in the United Kingdom and the greatest pace of nearly three years in November as a result of lower demand for energy due to the weather warms up...
2016 has begun the way it ended for GBP. In TWI terms, GBP posted only its fourth negative monthly return in December, while the 2.9% drop was the largest decline for that month since the financial crisis...
Talking Points: EURUSD Technical Strategy: Bullish Elliottwave Count: Impulse Down Trend insight but short term bullish trend forming. We are bullish on EURUSD and trying to build positions to go long...
There are 5 stages every trader will go through over the years. You can’t skip one and knowing which one you are in and being totally honest with yourself is essential...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/CHF, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: tested 1.0850 overnight and held around there for the third time this week and looks very well-supported ahead of the post-NFP low from Friday...
A long position in #EURUSD was closed with a small #profit at the level of 1.0855, according to the signal of the red Alligator's line crossing. We are waiting for new signals from the #BillWilliams #system. Find out more by checking out the Source Link...
Our position to sale in #USDJPY is still relevant. But we should be very careful, because at the moment #quotes have already passed the value of the red Alligator's line. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
#Copper is closely linked with the state of the Chinese #economy, as this country is a major consumer of the red #metal. On Tuesday, copper fell to its lowest level since April 2009 - $ 1.953 per #pound. Find out more by checking out the Source Link...
Have you experienced a case (maybe very often) when your SL is hit and the turnover happens right in this moment...
Dear Traders, Yesterday's trading was dominated by a counter-movement in both major currency pairs. The euro trended downwards, moving away from its resistance at 1.0940, but the slide came to a halt at nearly 1.0840...
GBPUSD: Having sold off during early trading today, GBPUSD looks to recapture the 1.4400 zone. While the 14603 level caps any recovery, our bias remains lower. Support lies at the 1.4400 level where a break will turn attention to the 1.4350 level. Further down, support lies at the 1.4300 level...
Pre US Open, Daily Technical Analysis Tuesday, January 12, 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: key resistance at 1.0905. Pivot: 1.0905 Most Likely Scenario: short positions below 1...
The thin data calendar this week could mean that swings in the market risk sentiment will continue to dominate the G10 FX markets...
US Dollar and Pound May Rise on Fischer, Carney Commentary A relatively quiet economic data docket puts central bank commentary in the spotlight in European and US trading hours...