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NZD/CAD: Long The current pull back in the pair offers a good opportunity to step in. For that reason positions have been opened for this pair based on the analysis described in my article Weekly Review Strategy Wk03...
The US dollar is gaining ground on Tuesday as investors are betting on safer assets such as the Greenback and the Gold. The USD is the top performer among majors, including a maximum of six years against its Canadian counterpart...
NZD/USD is currently trading at 0.7630 with a high of 0.7681 and a low of 0.7622 and is down 0.57% on the day. NZD/USD has dropped on the back of the CPI results. These came in below the consensus for 4Q, with the actual printing -0.2% vs 0% expected, while the YoY read came in at 0.8% vs 0...
The selling interest is picking up pace around the EUR at the end of the session on Tuesday, sending EUR/USD to 2-day lows around 1.1540. EUR/USD remains fragile The earlier bull attempt beyond 1...
Gold prices rocketed to their highest level in five months, supported by continuing safe-haven demand for the yellow metal following last week's surprise decision by the Swiss National Bank to abandon its currency peg. Technically, gold bulls are in charge...
The comparison between trading and gambling is not a new one. Where there is money and risk involved, the correlation is bound to sneak into the conversation. A Forex trader can develop an addiction to trading as easily as a gambler can develop an addcition to gambling...
On Tuesday West Texas Intermediate oil futures sold off steeply, after the International Monetary Fund reduced its global economic growth forecast and China’s economy expanded at its slowest pace in 24 years...
“The main interest has been the big euro-sterling drop and to what degree that has been inspired by anticipation of the ECB and to what degree was it aggravated by the SNB walking away from the euro-swiss floor,” said John Hardy, head of foreign-exchange strategy at Saxo Bank A/S in Hellerup, Den...
The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 Index is a subset of the Russell 3000® Index representing approximately 10% of the total market capitalization of that index...
Looks Elliote Waves A-B-C corrections where Wave C is about to complete Support @ $46.00 . Price Need to break Resistance $49 to move more Upside...
On Tuesday the greenback remained underpinned against its major counterparts, as Chinese GDP data failed to boost investor confidence and as markets expected the European Central Bank's upcoming policy statement on Thursday...
As $ Oil making Elliote wave Flat zig-zag Corrections A-B-C , Currently moving in Wave C ,will take years to complete @ $29...
On Tuesday European stocks rose for a fourth day, extending their highest levelsince 2008, amid speculation that the European Central Bank will announce a plan for quantitative easing this week...
This week world leaders, top businessmen and campaigners will be discussing issues from climate change to political instability at the World Economic Forum in Davos, Switzerland...
On Tuesday the euro was little changed vs the greenback, despite growing sentiment on German economy. Expectations for easing by the European Central Bank as soon as this week continued to weigh...
2015-01-20 02:00 GMT (or 04:00 MQ MT5 time) | [CNY - Retail Sales] past data is 11.7% forecast data is 11.7% actual data is 11.9% according to the latest press release if actual > forecast (or actual data) = good for currency (for CNY in our case...
As Bloomberg reports, Schlumberger Ltd (SLB), the world’s largest oilfield services company, will pay $1.7 billion for a stake in Russia’s biggest driller, Eurasia Drilling Co. (EDCL...
Markets are still very slow across the board because of the holiday yesterday in the US. However, this may change today as normal volumes should be back. Based on USD view, we still see currency trading higher with more gains in view if stocks will continue up...
EUR/USD remained in red in the European morning, after Germany’s factory gate prices fell for a 17th consecutive month in December last year. The EUR/USD headed south and trades now at 1.1580 levels, down -0.21% so far. The pair retreated after posting intraday high at 1.1602 levels...
