EA can assist traders and here are the results to prove it. https://www.mql5.com/en/market/product/14073 Winsor Hoang is the developer of ”Robust Trader’s 20 EAs EURUSD”, and he is an automated trading researcher since 2003...
GBPUSD: The pair sold off strongly during Monday trading session leaving risk lower towards its key support at 1.4079. On the downside, support lies at the 1.4050 level where a break will turn attention to the 1.4000 level. Further down, support lies at the 1.3950 level...
Currency investors should consider selling EUR/JPY this week, advises Credit Suisse in its weekly FX pick to clients. Rationale: Our economists expect several pieces of weak European data this week...
Risk assets traded somewhat better last week and into the open this morning, and equity volatility is receding. Investors are starting to see the glass as half full. We continue to judge the economic outlook as healthier than what the rate and credit markets in particular currently discount (e.g...
This week the G10 FX Financial Scorecard recommends buying CHF, GBP and EUR while selling JPY, NOK and SEK (see suggested weights in portfolio in table below). Last week’s signals resulted in a 0.75% loss. In particular, the long GBP and short JPY positions were expensive...
The relentless selling in the GBP/USD appears to have come to a halt in the US session, allowing the pair to recover to 1.4120 levels ahead of UK PM Cameron’s speech on EU deal in UK parliament...
The G20 summit is the most important event of the week and could become a key driver of the G10 FX markets. The G20 finance ministers and central bankers will discuss ways to respond to the latest global growth slowdown and the resulting turmoil in the global markets...
Here are the views of a number of currency analysts in the wake of Monday’s deep slide in the pound sterling exchange rate complex. The British pound has fallen in dramatic fashion at the start of the new week as the uncertainty posed by the EU referendum is digested by currency traders...
A result of the short position in #EURUSD was fixed at 1.1134. However, today we re-entered to the market to sale again. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
An order to sale #USDJPY has activated, but as a result the position was closed with almost zero #profit. At the moment, we have no open positions, but we are ready to enter at any time. Find out more by checking out the Source Link...
GBP’s rebound at the end of last week has proven short-lived, with GBPUSD breaking below 1.4200 this morning currently hovering around 1.4050, notes BNP Paribas...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: continues to trade in its recent range, with good support coming in around 1.1000 and offers expected closer to 1.1300...
Jane Foley, FX Strategist at Rabobank, lists down the IMM net speculators’ positioning as at 16 February 2016. Key Quotes • “Despite the step up in dovish rhetoric from ECB President Draghi this year, ECB shorts have fallen for six consecutive weeks now in reflection of a lack of risk appetite...
The American dollar continued to find buyers in early US session, taking the USD/JPY pair higher to near hourly 200-MA located at 113.43 levels. Eyes US data The investors await the Chicago Fed National Activity Index, which will be followed by US Preliminary PMI manufacturing data release...
As central banks around the world embrace negative rates, fear among public is moving up regarding the issue. Last week, newspapers from Japan reported that people are looking to store or park money elsewhere...
European desks are up and running and the pound's under attack. Further to my earlier post confirming my bearish view we've seen another wave of selling as traders get to grips with the possibility/reality of the referendum vote being a lot closer than might have been perceived in some quarters...
Forex Weekly Trading Forecasts: Fed Forecasts, Brexit and China Just a Few Key Themes This Week Key financial market themes are finding traction between key data (ie US inflation), events (G-20) and headlines (EU Brexit headway). Will volatility evolve into trend...
Dear Traders, The performance of the U.S. dollar failed to impress despite a stronger consumer price report Friday. While we were looking for increased bearish momentum in the EUR/USD after a break below 1.1070, the short dip turned out to be a false break-out of the euro's narrow trading range...
