All Blogs
USDCHF: Having the pair lost upside pressure, further decline looks to follow lower. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level...
With the first half of the year already behind us, a lot of people are revisiting their financial goals for the year. How close are you to the projections you that made in January? Have you started expanding your sources of income as you promised...
The Reserve Bank of Australia (RBA) fires the first salvo this month! In case you missed it, we’ve listed down the five things you need to know about the central bank’s monetary policies in July: 1. Interest rates remain at 1...
Talking Points: EUR/GBP Technical Strategy: Flat Euro hits 3-year high vs...
Talking Points: - 5,300 level held as resistance and the index lost some of its gains - Index bouncing from 200 day moving average areas to test 5,200 for possible resistance - ATR at the highest level since February, and volatility might stay elevated The ASX 200 is seeing a bounce off its 200 d...
Highlights form the May 2016 German factory orders data report 6 July 2016 Prior -2.0%. Revised to -1.9% -0.2% vs 0.9% exp y/y WDA. Prior -0.5%. Revised to -0.4% Domestic orders -1.9% vs 1.6% prior m/m Export orders 1.4% vs -4.3% prior m/m...
Economic trading data due today Morning all. Another day, another collapse in Her Majesty's pound note. It's getting to the point where it's not worth the paper it's written on. My kids are even turning their nose up at it when I give them their pocket money...
I thought this might have been a euphemism for GBP selling But, no. It really is flood gates...
GBP has continued its slide, but a bit of a bounce from the brief sub-1.2800 low its seen USD/JPY is down big time today also AUD, NZD, EUR all lower against the USD...
If you scan this Goldman Sachs price you'll see 'doomsday' & 'free-fall', but on a more careful reading you'll also see .... errr ... 'doomsday' & 'free-fall'. Enjoy...
Hello traders, This image has thousands of words to explain :) A2SR line level that near with trendline is stronger SR, and also able to be used as confirming breakout or breakdown. Follow your trading style through the support and resistance levels of A2SR...
Talking Points: USD/JPY Technical Strategy: The Trend Is Clearly Lower 200-Week Moving Average Remains The Line In The Sand (106.42) The Rudder Is Set And Volatility Favors JPY Strength Remember the “Tipping Point” in JPY...
Talking Points: EUR/JPY Technical Strategy: Still in the aftermath of a momentous drop in prices on the back of Brexit...
Talking Points: GBP/USD Technical Strategy: Fresh lows in the pair driven by anticipated dovish tilt from the Bank of England. GBP/USD is trading at +30-year lows; be careful of chasing so near a major psychological level at 1.3000...
USD/CAD eyes range highs into the July open Updated targets & invalidation levels Broader Technical Outlook: Loonie remained range-bound for the better part of June trade with the pair continuing to hold within the confines of an ascending channel formation off the 2016 low...
This daily digest focuses on market sentiment, new developments in China’s foreign exchange policy, changes in financial market regulations and Chinese-language economic coverage in order to keep DailyFX readers up-to-date on news typically covered only in Chinese-language sources...
Talking Points: USD/CAD Technical Strategy: On Watch For Breakout > 1.33030 To Carry Toward 1.33+ Trader Sentiment Warns a Coiled Move Lower Could Be Around the Corner Canadian Dollar Underperforming Post-Brexit Relative To Commodity Peers Quick Fundamental Take...
Talking Points Gold, USDOLLAR at risk heading into FOMC minutes Updated targets & invalidation levels Compete to Win Cash Prizes with FXCM’s Forex Trading Contest Tomorrow is the release of the minutes from the latest FOMC policy meeting and although we’ve already seen Chair Yellen’s presser...
GOLD: The commodity continues to target more recovery leaving risk towards the 1,365.00 zone. On the downside, support comes in at the 1,350.00 level where a break will turn attention to the 1,240.00 level. Further down, a cut through here will open the door for a move lower towards the 1,330...
