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Risky assets are trading firmer across the board leading to some stabilisation in GBPUSD and EURUSD. However, we remain of the view that both pairs are likely to trade lower in the near-term to 1.30 and 1.09 respectively. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
USDJPY: The pair halted its weakness on Monday leaving risk higher in the days head. On the downside, support comes in at the 103.50 level where a break if seen will aim at the 103.00 level. A cut through here will turn focus to the 102.50 level and possibly lower towards he 102.00 level...
Dear Traders, While the British pound extended its record selloff in the aftermath of last week's vote, the euro traded sideways Monday, straining the nerves of breakout-traders as price movements were limited to either side. The euro gained some ground above the 1...
A busy morning for the pound again 28 June 2016 We've seen good two-way business on the pound this morning with GBPUSD and GBPJPY particularly enjoying some action. In the cable order-board I highlighted the near term supply between 1.3350-1.3400 and we saw 1.3373 before a return to test 1.3300...
US ratings agency turning their attention to Spain 28 June Sunday's outcome is less likely to result in a repeat of 6-month political stalemate that followed that in Dec 2015 signs that a high level of consumer confidence may have reduced Brexit -related falls in fin markets represent key downsid...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 28th GBP/USD is in a bullish mood today. The pair has recovered some part of its losses and stepped over the level of 1...
Italy June confidence report 28 June 2016 102.1 prev consumer confidence 110.2 vs 112.5 exp vs 112.5 prev revised down from 112.7 economic sentiment 101.2 vs 103.00 prev revised down from 103.4 All irrelevant right now. Let's see how its stacks up next time post-Brexit vote...
German chancellor Merkel addressing the Bundestag 28 June we have to respect Brexit decision Europe has got through many crises and challenges in the past EU is strong enough to withstand Brexit Germany has special interest in European unification succeeding...
We had expected RBA to stay on hold for the remainder of 2016, with real GDP growth likely to remain strong and labour market conditions improving, albeit at a more moderate pace. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
If you’re into automatic Forex trading via Expert Advisors (EAs), that’s great! There are some advantages to building EAs to trade, like eliminating human error and being able to run years of backtesting in a couple of hours. EAs have their limitations though...
Japanese Government Bond yields hit record low levels 28 June 2016 40 year 0.075% 30 year JGB 0.05% 20 year 0.04% 10 year 0.0225...
Here's the Economic Data/Event Calendar for today 28 June 2016 Greetings everybody, and yes England's footballers were total garbage to a man! Data-wise it's another relatively quiet one today but we do get a third look at US Q1 GDP at 12.30 GMT As always I wish you a good session Times GMT...
UK finance minister George Osborne has officially said he will not stand in the UK's Conservative Party leadership race 28 June 2016 Eamonn had the breaking news earlier but here's a bit more detail from Osborne's letter in The Times: "It isn't in my nature to do things by half-measure and I foug...
In drawing conclusions about what Brexit means for the AUD and NZD, a fundamental question needs to be answered. Do we think of them as economies that are still operating standard policy, that have relatively good nominal growth and that are open for trade and welcome globalisation...
Germany May import price index report 28 June 2016 -0.1% prev yy -5.5% vs -5.8% exp vs -6.6% prev A hint of price rises will be welcome but it's not going to change anything right now. EURUSD 1.1050 EURGBP 0.8315 EURJPY 112.67...
Spain May retail sales report 28 June 2016 prev revised down from +6.4% yy SA +2.3% VS +40% prev revised down from +4.1% Softer data a concern but and we're not gonna see so many Brits taking up the slack anytime soon...
EUR/USD: Bearish: Room to extend lower but 1.0820 is a major support. The rapid decrease in volatility was surprising but the overall undertone for EUR is still negative and we continue to target a move to the major level of 1.0820...
UK finance minister Osborne speaking to BBC radio 28 June 2016 crucial to provide fiscal stability UK in prolonged period of economic adjustment decisions on taxes, spending to come under new PM absolutely going to have to cut spending and raise taxes...
Of all the characteristics a good trader may have, patience is at the top of the list. Alongside prudent money management, in-depth analysis and discipline, the exercise of patience can make or break your trading results. So what specifically do I mean by ‘patience’...
