12 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 10:00 Flash GDP q/q EUR Med. 0.3% 0.3% Neutral All Day ECOFIN Meetings EUR Med. - - Neutral 13:30 Core Retail Sales m/m USD High -0.1% 0...
Euro May Fall vs. US Dollar as Data Renews Disparate Policy Bets Talking Points: Euro may fall as soft GDP data fuels ECB stimulus bets, boosts risk appetite US Dollar to see outsized gains if Retail Sales, UofM data tops expectations NZ Dollar drops, Yen gains as risk-off Wall St...
Pre European Open, Daily Technical Analysis Friday, February 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: the bias remains bullish. Pivot: 1...
U.S. CONSUMERS CONFIDENT YET STILL NOT SPENDING The paradox of the U.S. consumer continues to confound economists. Wages and the number of jobs have risen to before crisis levels but while their confidence remains high in the short-term consumers have opted to save. The U.S...
What Volatility in Stocks, FX and Commodities Is Telling Us Talking Points: • Volatility is an important measure in trading, but what it signifies can change with circumstance • Not all volatility measures have a directional aspect like those for the S&P 500 (VIX) and oil (OVX) • Activity wit...
Market momentum slows and risk appetite continues to wane, despite benchmark Brent crude prices cautiously edging higher from last week’s lows. Meanwhile, the BoJ’s dramatic move to negative interest rates last week saw JPY touch 14-month highs against USD, with more gains to come...
Market volatility can be a trader’s best friend or worst enemy, depending on a few key factors. One of those factors is identifying and properly trading obvious technical patterns. GBPAUD is forming such a pattern on both a daily basis as well as an intraday basis...
EURUSD: Although holding on to its upside offensive, its loss of upside momentum is suggestive of a return to the downside. Support lies at the 1.1250 level. Further down, support lies at the 1.1200 level where a violation will aim at the 1.1150 level. A break of here will aim at the 1.1100 level...
On 28 January, Carly McWilliams fought in a London employment tribunal against dismissal over investigations into forex trading and benchmarks. After working 14 years on the spot trading desk, McWilliams was suspended while on maternity leave, and later fired for ‘gross misconduct’...
The foreign exchange market's status as the world's largest, built up over decades of rampant globalization, deregulation and growth in financial services, is unlikely to be relinquished any time soon. But the glory days are over...
Good Evening Forex Friends Pricing is moving down towards our buying area.We will look for buy entry once we price reach out but limit.I mention support area in the chart.Please follow the chart below for trade setup...
We continue to buy #EURUSD from 1.1239. During the last 24 hours there were signals from «green zone» and indicators. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...