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This is my first post here blogging about my trade set ups and also my trading strategies. This week I will focus on 2 pairs, CADJPY and EURAUD. CADJPY My analysis starts with the weekly charts. Here we notice a bullish engulfing pattern formed at a major weekly support/resistance level...
The marijuana business in Colorado is good. It’s so good that state politicians have a rare problem: Pot sales have generated too much tax revenue. Colorado expects to take in around $50 million in taxes from the first year of legal marijuana sales...
New Greek Prime Minister Alexis Tsipras will lay out his radical left-wing government's policies in a speech later on Sunday, firmly rejecting any more austerity forced on his debt-strapped country by its euro zone partners...
The chief executive and chairman of Greek bank National Bank of Greece plan to step down from their roles in the next few days, CEO Alexandros Tourkolias told Reuters on Sunday...
Payment processing and fraud mitigation specialist Vogogo Inc. finalized a strategic partnership with the acquiring division of UK based eMerchantPay Limited – E-comprocessing (“ECP”...
You can generate enormous profits in Forex trading. 12 helpful recommendations will make you closer to this goal. A solid trading plan and awareness about typical errors will contribute to your success. The below list provides you with basic recommendations in this task. 1...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my Review on the Hybrid Grid strategy...
"USD: Cautious Correction. Bullish. We now expect a tactical correction in the USD strength, before a resumption of the bullish trend. We expect some profit-taking on long USD positions, especially as positioning is somewhat stretched...
China trade balance for January … a surplus of $60.03Bn A big beat of expectations (huge drop in imports), the consensus was at $48.09bn Prior was $49.61bn Trade balance Exports for January:-3.3...
Gulf equity markets may rise on Sunday after oil made further gains, although the commodity's price looks likely to remain volatile. Brent crude jumped 2.2 percent to $57...
While today’s tech leaders are sometimes faulted for their lack of generosity, Facebook founder Mark Zuckerberg appears to be bucking the trend. Zuckerberg and his wife, Dr...
The London Bullion Market Association (LBMA) rounded up a panel of experts to forecast precious metal prices in 2015 -and while prospects may be neutral for gold they are bullish for silver, platinum and palladium...
According to Blackstone Group co-founder Steve Schwarzman, young Wall Streeters should not be following in his footsteps. Schwarzman co-founded his own firm in 1985 at age 37, which now has more than $290 billion under management...
Greece said on Saturday it had no short-term cash problem and that it will hand its European Union partners a comprehensive plan next week for managing the transition to a new debt deal. The EU has warned time is running out to avoid a financing crisis in Greece...
Continuing uncertainty related to Greece, the RBA surprisingly easing monetary policy, US labour data surprising positively, and intensifying speculation regarding the SNB trying to stabilise EUR/CHF at levels at around 1.05 have all been keeping FX volatility elevated this week...
Billionaire hedge fund manager Paul Singer — the CEO of $25 billion Elliott Management — defended the hedge fund compensation structure, suggesting that bankers are the ones investors should be upset about...
John Whitehead, a former senior partner and co-chairman of Goldman Sachs who helped make it a top-tier Wall Street firm and led its international expansion, has died, the investment bank said on Saturday. He was 92...
As part of an effort to create a financial services industry, North Korea is preparing to create new financial products, including new forms of savings accounts, business loans, and credit cards, all for the purpose of stimulating economic development...
Greece is looking to Russian geological holding Rosgeologiya as a possible partner to carry out geological explorations in order to determine the availability of its deposits...
