Talking Points The Australian Dollar rallied against its major peers Chinese 2Q GDP crossed the wires above estimates 2 year yields rallying suggests ebbing RBA rate cut bets Having trouble trading the Australian Dollar? This may be why...
Oli Hille and J. Welles Wilder Photo courtesy of Mrs Dawn Wilder Introduction It is not often you find a legend living in your back yard. Especially if you live in a small town by the sea on the East Coast of New Zealand...
USDJPY: Having the pair continued to hold on to its upside pressure, further bullishness is likely. On the downside, support comes in at the 105.00 level where a break if seen will aim at the 104.50 level. A cut through here will turn focus to the 104.00 level and possibly lower towards the 103...
USD/JPY – NEUTRAL BIAS – (104.00-107.00) Market expectations of added monetary easing and fiscal stimulus have been building, with hopes of a mixture of monetary and fiscal policy management in the form of helicopter money...
GOLD: The commodity reversed its Wednesday gain to weaken on Thursday leaving risk of more lower towards the 1,312.00 zone on the cards. On the downside, support comes in at the 1,312.00 level where a break will turn attention to the 1,300.00 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 14th GBP/USD Current price: 1,3235 (0.7...
TRADING RECOMMENDATIONS The interest rate in New Zealand is one of the highest among advanced economies, and now stands at 2.25%. Since June last year, the RBNZ cut rates repeatedly with the then level of 3.5% to the current 2.25...
Although the United Kingdom is a member of the European Union, it has not yet adopted the Euro as its currency, so it is not part of the European Monetary Union...
Hello traders, As we know UK on Brexit and today on special event for Interest Rate Decision is able to increase risk of fx trades. This is why a trading plan should be made first before we entering the markets. Today, GBPUSD can go anywhere. First strike will upward or downward...
GBPUSD: The pair capped its gains to close lower on Wednesday leaving risk lower. On the downside, support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level. Below here will set the stage for more weakness towards the 1...
WDAIC as a company always here to keep you updated. I Filtering with currency strength: Only long positions. EUR/GBP Only short positions. GBP/CAD, GBP/CHF, AUD/CAD, NZD/CAD II Trend filter for intraday scalping (binary trading...
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I’m struck at the enthusiasm of all and sundry to tell us that European and US growth rates will hardly be affected by the UK post-referendum slowdown. That flies in the face of the increased correlation of major economies’ growth rates in an ever more connected world...
EUR/USD: Bearish: Time running out for EUR bears, need to break below 1.0995/00 in these two days. While the outlook for EUR is still viewed as bearish with a stop-loss at 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 13th GBP/USD Current price: 1,3230 (-0,1...
Treasuries yields backed up steadily through overnight trading and the first part of the New York session into the 10- year auction and then extended the losses after weak auction results before recovering a bit later in the day to end with a sizable bear steepening sell the likes of which hadn’t...
The current JPY decline offers JPY buying opportunities. Thetrend towards a higher JPY will remain intact unless Japan radically changes its monetary policy strategy to boost inflation expectations...
There are two dominant themes that it is important to understand when analyzing the Canadian Dollar from a fundamental standpoint...
EURUSD: With the pair rejecting higher prices to close lower on Tuesday, more weakness is likely. Support lies at the 1.1000 level. Further down, support comes in at the 1.0950 level where a violation will aim at the 1.0900 level. A break of here will target the 1.0850 level...
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