The word Grexit has once again entered the financial vocabulary, after talks on Greece's future within the eurozone collapsed on Monday. But somehow, the word -- shorthand for Greece's exit from the eurozone -- is not freaking out global markets as much as it once did...
The EUR/USD declined around 50 pips from the 1.1450 traded in the European session and currently it is testing sub-1.1400 prices just after Greece's PM Tsipras comments...
Greece moved one step closer to a euro exit after the euro zone’s finance ministers said there will be no more talks on financial support unless the Greek government requests an extension of its existing bailout program...
Why are economic events important to currency traders? A currency is a proxy for the country it represents, therefore the economic health of that country is priced into the currency. Economic indicators measure the health of an economy...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: is still flipping around in the 1.1000-1.1550 range with the Greece impasse continuing. The pair is finding it extremely difficult to even break through 1.1250-1.1500...
After metals such as Gold and Silver recorded unexpected gains towards the latter end of last week, there are some indications the bullish momentum is beginning to slow. Since smashing its way to $17.40, Silver appears to be at risk to dropping back below $17 after pulling back to $17...
In a new report, Bank of America Merrill Lynch Global Research warned that it sees a “non-negligible” risk that China’s government will surprise the market by slashing the value of its currency...
Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1276, 1.1185, 1.0970 Resistance:1.1533, 1.1659, 1.1832 The Euro continues to stall having carved out a bottom against the US Dollar as expected after showing a bullish Morning Star candle pattern. Near-term resistance is at 1...
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Python for Finance: Analyze Big Financial Data by Yves Hilpisch The financial industry has adopted Python at a tremendous rate recently, with some of the largest investment banks and hedge funds using it to build core trading and risk management systems...
Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1276, 1.1185, 1.0970 Resistance:1.1533, 1.1659, 1.1832 The Euro continues to stall having carved out a bottom against the US Dollar as expected after showing a bullish Morning Star candle pattern. Near-term resistance is at 1...
GBP/USD Technical Strategy: Long at 1.5373 Support: 1.5287, 1.5194, 1.4980 Resistance: 1.5551, 1.5737, 1.5923 The British Pound looks poised to advance against the US Dollar after taking out resistance marked by the top of a channel in play since mid-September. Near-term resistance is at 1...
Quantitative Technical Analysis: An integrated approach to trading system development and trading management by Dr Howard B Bandy The book discusses trading system development and trading management...
https://charts.mql5.com/7/27/usdjpy-h1-forex-ltd.png The indicator of OsMA, marking the insignificant height ofactivity of bovine side, gives founding to priority of planningof trade operations of lateral correction and to date...
https://charts.mql5.com/7/27/usdchf-h1-forex-ltd.png The indicator of OsMA, marking the vibrations of activity of parties, gives founding to the preference of planning of tradeoperations of lateral correction and to date...
https://charts.mql5.com/7/27/gbpusd-h1-forex-ltd.png The indicator of OsMA, marking divergence and tendency of strengthening of activity of bear side, gives founding topriority of planning of short positions for trade operationssimilarly and to date...
When looking at the Top 15 in the Monthly Ranking and Rating list provided here we can see that for the coming month the following stronger currencies are well represented for going long: CHF(7X), USD(5x) and the GBP(3X...
The following is the weekly update from BNP Paribas quant FX model 'STEER'. BNPP outlines the following: NZDUSD is moving towards its STEER, but AUD and CAD remain cheap vs the USD as risk appetite increases...
