All Blogs
AUD/USD Storms Through 0.7700 on Upbeat Chinese Exports The bullish momentum around the AUD/USD pair gained further traction after the Chinese trade data showed that exports and imports improved last month. AUD/USD sees a 30-pips rally post-China data Currently, the AUD/USD pair rockets 1...
USD/JPY Making Another Attempt Towards 109? The USD/JPY pair caught fresh bid-wave in the Asian morning this Wednesday, making a fresh recovery attempt in a bid to conquer 109 once again...
EUR/JPY: Bulls in Command, 124 Back on Sight The persisting risk-on market profile boosted the risk currency US dollar across the board, aiding the recovery in EUR/JPY for the second straight session. EUR/JPY supported at hourly 100-SMA at 123.52 The EUR/JPY pair jumps 0...
The Federal Reserve should wait for more evidence that U.S. inflation is progressing back toward 2 percent before raising interest rates again, Philadelphia Fed President Patrick Harker said on Tuesday...
A British vote to leave the EU risks causing severe economic and political damage to Europe that will spill over into an already febrile world economy, the International Monetary Fund has warned...
EUR/USD has consolidated within the past week just under a major resistance zone around the 1.1450-1.1500 area. In the process, the currency pair has formed a key bullish flag pattern that could be poised for a breakout if the dollar continues its recent weakening trend...
There are three highlights to the foreign exchange market today. First, the yen is marginally softer. The yen's strength this month has been the main development...
Negative interest rates, which central banks in several countries have implemented as a way to spur economic growth, is a radical move. In the last of a three-part series, ‘Negative Thinking,’ commentator Satyajit Das examines this policy and its risks...
Gold Upon reaching $1235, there has been significant selling on gold by major players, which can be seen by the volumes in both Forex (on high liquidity brokers) and Futures. An important high was made at $1272, which held on multiple break-out attempts...
4 top reasons to use stop loss – “Stop Loss” is probably the very second term you learn in Forex after “Take profit” . But do you really need a Stop Loss ?? – Well, we will answer this extremely critical question needed for trading in the next 5 top reasons to use stop loss...
The yen hit a 17-month high against the dollar on Monday in the currency market's latest warning sign to equity investors. The strength of the Japanese yen this year has been a bit of a surprise for many investors...
Italy's financial industry has approved a government-backed plan to set up a rescue fund to help weaker banks. The Atlante fund will be made up by private money, reportedly worth €5bn ($5.7bn; £4bn), and will buy up shares and bad debt in struggling banks...
Gold Stuck Between Hawkish Fed Speak and Dismal IMF Report Gold looks trapped between hawkish comments from Fed officials and bearish global growth forecasts published by the International Monetary Fund (IMF...
USD/CAD Aims to Further Weakness – Scotiabank FX Strategist at Scotiabank Eric Theoret sees USD/CAD could slip towards lower levels in the near term. Key Quotes “Signals are broadly bearish and all eyes are on the October 2015 low at 1.2832”...
WTI Firmer, Approaches $41.00 The barrel of West Texas Intermediate is prolonging its weekly advance today, now flirting with daily highs in the vicinity of the $41.00 mark...
USD/CHF: Near the Level of 0.9565 Last week, the pair USD/CHF has broken out strong resistance level of 0.9565, which is crossed by moving average lines ЕМА200, ЕМА144 and bottom limit of the descending channel on the weekly chart...
GBP/USD: The Pair is Unlikely to Exceed the Level of 1.4300 On the daily chart the rise in the pair GBP/USD is prevented by two strong resistance levels of 1.4300 (ЕМА50), 1.4385 (Fibonacci 38.2% to the decline from the level of 1.5230 since mid-December 2015...
FXWIREPRO: Yen Eyes on Gains Again As Boj's Kuroda Hints Stimulus - Hedging Positions in Line With Risk Reversals As we could see the change in delta risk reversal numbers into negative territory, that signals underlying pair would resume its bearish travel in next 1 weeks time...
USD/JPY: Testing the Limits of FX Intervention - UBS UBS analyst team pointed out that their bullish USD/JPY view is being challenged by strong negative momentum after the USD/JPY broke below the key support level of 110 last week...
