What the BoJ, ECB and Major Central Banks Do to Rest of the World Talking Points: The world's largest central banks are near, at or even below the zero threshold on their benchmark rates Policy groups for the world's major, developing (emerging market) economies are comparably in disarray Extreme...
EURUSD: The pair may have stalled and headed higher on Tuesday but still maintain its medium term downside pressure. Support lies at the 1.1050 level. Further down, support comes in at the 1.1000 level where a violation will aim at the 1.0950 level. A break of here will target the 1.0900 level...
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TRADING RECOMMENDATIONS According to a survey by the National Bank of Australia, business conditions and confidence in business circles in Australia in July worsened amid growing uncertainty over the long-term prospects for the Australian economy...
Volume in SPY and Other ’Market’ Favorites Hit Multi-Year Lows Talking Points: The S&P500 is stalking record highs, but conviction in the push forge new heights has proven difficult to muster Volume for favorite risk-oriented benchmarks SPDR and QQQ equity ETFs hit multi-year, non-holiday low...
British Pound Unmoved on Best BRC Retail Sales Data in 6 Months Talking Points The British Pound was little changed against its major peers BRC retail sales gained 1.1% (YoY) in July versus -0.7% seen SSI shows that 66 percent of GBP/USD traders are net long...
EUR/JPY Technical Analysis: Down-Trend at ’Decision Point’ Talking Points: EUR/JPY Technical Strategy: Big-picture down-trend working on higher-lows, very near longer-term base of support. EUR/JPY is up over 100-pips off of last week’s lows and fast approaching prior price action support...
Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published. For analyzing the best pairs to trade looking from a longer term perspective the last 3 months Currency Classification can be used in support...
Weekly price is located near and below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the secondary bear market rally with the possible bullish reversal...