GBPUSD – Pound signals a more bearish tone Partially a reflection of US Dollar strength but GBPUSD has broken below a key level at 1.2947 sending a negative intermediate-term signal from a… [Read More...]
Squawk: Thursday April 25 #FX technical sentiment: #NZDCAD ? #NZDJPY ?…
Thursday April 25 #FX technical sentiment: #NZDCAD ? #NZDJPY ? #MOFuturesFX [Read More...]
Squawk: A Euro Breakout Against The Dollar: Or False Alarm? by…
A Euro Breakout Against The Dollar: Or False Alarm? by Stephen Pope EURUSD recouped broken support on Friday There is every prospect that has placed a small upside back in play Fed and ECB signals… [Read More...]
COT: Energy and metal buying lift bullish bets to four-week high
Hedge funds increased bullish commodity bets by 4% to 2.1 million lots during the week ending April 17. Broad-based buying of energy and metals not least WTI crude oil natural gas and silver more than offset slight selling in grains and livestock. [Read More...]
Tips for Professional Forex Trading
If you are reading this article you are most likely one of those that have a strong desire to achieve success in forex trading. However, when it comes to actually do what is required for that, you find it hard to implement all the things. Also, some of the information that had been given to you by all the “online expert traders” seems to be useless and that is why we want to give you a few trading tips that will certainly help you in your day to day activity. Tip #1 Focus on the process not on the reward We know that each one of you is trading because each of you wants to have more money. That is a fact which can’t be denied. However, … [Read More...]
FX Market Update: Timing is Everything – Picking Tops and Bottoms
In this latest webinar Saxo Bank’s head of FX strategy John Hardy analyses the market after the central bank of Turkey announced a huge rate hike. [Read More...]
Squawk: W16 #FX daily update: #AUD 1.02 %? #EUR 0.61 %?…
W16 #FX daily update: #AUD 1.02 %? #EUR 0.61 %? #USD 0.61 %? #CAD 0.42 %? #GBP 0.35 %? #JPY -0.19 %? #CHF -1.38 %? #NZD -1.45 %? #MOFuturesFX [Read More...]
Squawk: Thursday May 9 #FX technical sentiment: #FLAT #MOFuturesFX
Thursday May 9 #FX technical sentiment: #FLAT #MOFuturesFX [Read More...]
Macro Digest: Deficits matter… again
The Chinese economy is under heavy scrutiny of late as trade war fears and growth concerns weigh on investor sentiment; the country ultimately needs a lower CNY despite the likelihood of US objections. The Japanese yen is also at a crucial turning point post-BoJ and the overall macro climate is beginning to remind one of the 1980s and ’90s when deficits and debt were the main factors. [Read More...]
Squawk: W16 #FX daily update: #AUD 0.79 %? #EUR 0.72 %?…
W16 #FX daily update: #AUD 0.79 %? #EUR 0.72 %? #GBP 0.65 %? #USD 0.09 %? #CAD -0.02 %? #JPY -0.7 %? #CHF -0.74 %? #NZD -0.78 %? #MOFuturesFX [Read More...]
Squawk: USDCAD stays bullish; USDJPY still in an intermediate-term range The…
USDCAD stays bullish; USDJPY still in an intermediate-term range The USDCAD forex rate has continued to push erratically higher still building on the prior advance through 1.3228 a key resistance… [Read More...]
Squawk: Gold Can Gain As A Savage Bear Stalks Stocks by…
Gold Can Gain As A Savage Bear Stalks Stocks by Stephen Pope US equities undermined as shutdown and trade standoff spooks the market This has allowed a recovery in gold prices Shorts have been… [Read More...]