Currency investors should consider staying short AUD/USD and use rebounds to establish short positions at better levels ahead of the RBA meeting this week, advises Barclay Capital in its weekly FX pick to clients The trade is macro-technical driven...
By examining the daily chart of the GBPJPY pair, we easily can notice that the pair has moved aggressively downwards during the previous period after placing a short-term top in the 185.00 regions. The psychological areas of 185.00 intersect with 61.8% Fibonacci of the major decline from 189...
2015-04-06 15:00 GMT (or 17:00 MQ MT5 time) | [CAD - Ivey PMI] past data is 49.7 forecast data is 51.1 actual data is 47.9 according to the latest press release if actual > forecast (or previous data) = good for currency (for СФВ in our case...
US Dollar - "It is difficult to establish at what level the Dollar’s rally has over-reached its fair value as the Fed’s timetable contrasts its ECB and BoJ peers so definitively...
D1 price is on trend reversal from bullish to the primary bearish started on open D1 bar: The price is breaking Senkou Span A line for reversal to be inside Ichimoku cloud/kumo for bearish ranging Chinkou Span line is crossing the price on open bar for good possible breakdown Nearest support leve...
In this article I will provide my view on the EUR/NZD and the AUD/CHF. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
The Pound advanced on several of its peers on Tuesday as UK Consumer Confidence and growth data printed above expected levels. While the GfK gauge of UK sentiment rallied to a 12-year high of 4 in March from 1 in February, the nation’s final fourth quarter growth data was revised to 0...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
USD: Buy the Dip. Bullish. Data from the US have been somewhat soft, and may continue on this track, but data elsewhere are even weaker. We also highlight that the growth slump in the US is likely temporary...
In the episode called "Debtism vs Capitalism", Max Keiser and Stacy Herbert come back to Greece again, discussing its relationship with Germany, why the austerity hurt the poorest the most and if financial gerrymandering takes place in Greece...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my Review on the Hybrid Grid strategy...
Lately the dollar began to lose ground, after winning more than 20% in the last 5-6 months! Personal watching two setupuricorelate strong dollar, namely Silver (or XAGUSD) and USDSGD...
The British Pound may have set a bottom against the Japanese Yen after producing a bullish Morning Star candlestick pattern. Near-term resistance is at 178.48, the 23.6% Fibonacci retracement, with a break above that on a daily closing basis exposing the 38.2% level at 179.73...
While the residual impacts of the more dovish Fed stance still linger in the system, FX markets have not been calmed by this liquidity sedative. Indeed recent market volatility has shown that uncertainty surrounding factors such as Greece and Crude Oil supply are still impacting markets...
* Jobs data disappointment exacerbates thin holiday trading * Greenback weaker, puts Fed rate rise timing into question * Dollar down 1 pct vs euro, Swiss franc, Aussie, Kiwi, Loonie By Daniel Bases NEW YORK, April 3 (Reuters) - The dollar tumbled on Friday after a significantly weaker-than-expec...
The US Labor Department reported Friday that employers added just 126,000 workers in March - a marked slowdown in hiring that echoed earlier signs of a winter pall on the economy...
2015-04-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Non-Farm Employment Change] past data is 295K forecast data is 244K actual data is 126K according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Iran deal impact on oil: the devil is not so terrible as he is painted...
We are coming off the end of the 1st quarter and the movements/flows that entails and following it up with a very illiquid few days as most of Europe is about to go on a 4-day weekend for Good Friday and Easter...
Like the broader USD, the real question for some USD crosses right now is whether the market is ready to make a new high? In USD/JPY, Goldman Sachs thinks that bullish confidence will likely develop above 120.62 (61.8% retrace from Mar. 9 th). "In other words, until the market actually breaks 121...
