All Blogs

To add a new post, please log in or register
Your economic data/event calendar for today 23 June Greetings from a dark and stormy South of England. Heavy rain overnight and more to come. ( just a heads up for those of you making trading decisions based on the Brexit voting being weather affected...
Market News
  • 21
  • 1
Sherif Hasan, 23 June 2016, 08:04
Huang Weimin Self-taught hedge fund manager Gained more than 6,200% last year (trading Chinese stock-index futures) Made 60% in the first two months of 2016 Been in cash since...
Market News
  • 29
  • 1
Sherif Hasan, 23 June 2016, 07:36
MNI's monthly business sentiment indicator for China In June +9% m/m to 54.5 (a big jump from May's 50 & April at 50...
Market News
  • 16
Sherif Hasan, 23 June 2016, 07:35
Preliminary Nikkei / Markit Japan manufacturing PMI for June Barely changed on the month for the headline. Fourth consecutive month in decline In brief, the breakdown: Amy Brownbill, economist at Markit...
Market News
  • 28
Sherif Hasan, 23 June 2016, 07:34
EURUSD: Although EURUSD closed higher on recovery on Wednesday and followed through higher during early Thursday trading, it faces downside risk below its declining trendline. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1...
Analytics & Forecasts
  • 66
FXTechstrategy.com, 23 June 2016, 03:35
Its tough living here in the future sometimes And ... the calendar is sparse, with two speakers to at least weigh in. Oh ... there are 2 Brexit polls due at 2100GMT - they usually hit a little early, so be ready, coming up in the next 30 minutes or so...
Market News
  • 63
Sherif Hasan, 22 June 2016, 22:52
One idea has sustained 'remain' optimism From the announcement of the Brexit referendum, I've been saying the same thing: Buy the Brexit dip because voters almost always get election day jitters and vote for the status quo. That's been a great trade Thursday...
Market News
  • 46
  • 1
Sherif Hasan, 22 June 2016, 22:09
'Remain' odds are falling at the bookies, cable not following There's a high correlation between cable and the odds of a 'remain' vote over the past week. However the odds have fallen in the past few hours and GBP/USD hasn't reacted...
Trading Systems
  • 61
  • 1
Sherif Hasan, 22 June 2016, 20:14
More jitters beginning to circulate Two polls released today have shown the 'leave' side in front (Opinium and TNS). They show varying degrees of momentum...
Market News
  • 32
Sherif Hasan, 22 June 2016, 19:18
We are one day away from the EU Referendum. It is hard to exaggerate in the importance of the event, but perhaps for the euro, it will not be that bad. Here is the view from Deutsche Bank: Here is their view, courtesy of eFXnews: 1. Brexit will likely rule out a July Fed rate hike...
Statistics
  • 93
Sherif Hasan, 22 June 2016, 19:17
EUR/USD is caught in the crossfire between central bankers from both sides of the Atlantic but also on the upcoming EU Referendum in the UK. The week began with a big leap – the better polls for Bremain pushed the pair higher with a weekend gap but the picture has been mixed since then...
Forecasts
  • 59
Sherif Hasan, 22 June 2016, 19:14 #EUR/USD
While most of the Brexit focus is on the pound, the euro gets carried away with Brexit talk and the yen is a safe haven currency...
Trading Systems
  • 61
Sherif Hasan, 22 June 2016, 19:12 #usd/jpy, EUR/USD
With the referendum vote over the UK’s future membership of the EU being held on Thursday, traders are preparing for the possibility that the UK electorate will vote to leave the EU...
Trading Systems
  • 47
Sherif Hasan, 22 June 2016, 19:09
GBPUSD GBPUSD is trading higher in front of the Brexit vote. This move up is close to completing a five wave structure from blue wave B lows. For now we still expect a minor pullback in red wave 4) and a push up in red wave 5 to around 1.4840 area...
Trading Systems
  • 34
Sherif Hasan, 22 June 2016, 19:06
Results of the latest poll from TNS Omnibus The news poll shows 16% undecided or say they won't vote. The poll asked 2320 adults and was conducted June 16-22. The prior TSN poll was June 13 and showed leave at 47% to 40% for remain. Before that was 43-41% for leave on May 23...
Market News
  • 52
Sherif Hasan, 22 June 2016, 19:02
Credit Agricole on potential moves in USD and GBP The greenback's short-term outlook will be driven by global risk sentiment rather than monetary policy expectations. This is especially true as the USD was in demand for most of the last few weeks on the back of rising safe haven demand...
Market News
  • 114
Sherif Hasan, 22 June 2016, 19:01
Below is usdjpy H1 chart. Ichimoku kinko hyo, heiken ashi and fibonacci retracement are showed in chart. Chikou span is touching historical candle. And now candle is moving over senkou span A. Next resistance level is located at fibonacci 38.2% retracement...
USDCAD Daily Chart - June 22, 2016 In the above daily chart, we expect USDCAD to test 1.33 - 1.35 price area in order to complete the intermediate corrective red (B) wave. Immediately after the end of red wave (A), USDCAD rallied from 1.25 to 1.32 with 3 inner waves, completing blue wave (a...
Scalping
  • 134
AynGannRand, 22 June 2016, 17:26 #Fed, technical analysis
Later in today’s New York session we will see the release of Canadian Retail Sales data for the month of April, as well as comments from Fed Chair Yellen who will be testifying before the House Financial Services Committee, and the weekly release of Crude Oil Inventories...
Market News
  • 33
Sherif Hasan, 22 June 2016, 16:05
EU's head of Greek mission Costello speaking in Athens 22 June 2016 IMF mission chief Velculescu also on the rostrum: Greek fiscal targets too ambitious NPL reforms not ambitious enough Greece needs substantial debt relief...
Market News
  • 27
Sherif Hasan, 22 June 2016, 16:00