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XAU/USD – Gold Heads Lower on Fed Hike Gold continues to lose ground on Thursday, following losses in the Wednesday session. In North American trade, the spot price for one ounce is $1128.01. On the release front, CPI and Core CPI both came in at 0.2%, also matching the estimates...
Winrate is a very important statistic for a trading system. If the winrate is poor, just assume the trading system is not good at all. Of course there are exceptions. One such exception was the Turtle Trading System that had a winrate of only 40% but it made many millionaires...
King Dollar US Dollar The markets continue to trade on the backdrop of the FOMC meeting.While the US dollar remains king of the hill, the USD and US Treasuries sold off the ” yield” tops after the US core CPI for November came in a whiff lower than expected...
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming...
Dollar Rally Continues Post-FOMC as BoE, SNB, Banxico Draw Contrast Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller Talking Points: FOMC hike is the second strongest - second to the Brexit response - in 14 months...
The U.S. dollar is on fire, rising to its strongest level in more than 13 years. In the past month alone, the Dollar Index is up more than 3 percent and in the last 4 months it has appreciated nearly 10%. With USD/JPY breaking above 118 and EUR/USD breaching 1...
Pivot Points Daily Last Updated: Dec 15, 3:15 pm -08:00 Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller...
Pivot Points Hourly Last Updated: Dec 15, 3:15 pm -08:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.03979 1.04069 1.04127 1.04159 1.04217 1.04249 1.04339 USD/JPY 117.961 118.09 118.158 118.219 118.287 118.348 118.477 GBP/USD 1.23824 1.24002 1.24093 1.2418 1.24271 1.24358 1.24536 USD/CHF 1.02693 1...
NZD/USD Post-FOMC Breakdown: Initial Support Targets in View Talking Points NZD/USD downside risk remains sub-7186, key support 6950 Updated targets & invalidation levels Click Here to be added to Michael’s email distribution list...
After Fed Hikes, Banxico Meets with Pressure to Protect Mexican Peso Talking Points - USD/MXN steadied in recent weeks, despite ongoing US Dollar strength and EM FX weakness. - Bank of Mexico likely to take steps to stem Peso depreciation as they’ve done repeatedly over the past year...
Gold Prices Punished as the Bullish Thesis Dies a Little Bit More Gold Technical Strategy: Bearish. Hawkish Fed will likely continue-driving USD-higher and Gold-lower; at least until FOMC relents on rate-hike plans (recursion of this January/February...
Preview for December FOMC Meeting as USD Holds Near 13-year Highs Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller Talking Points: - Markets have been quick to price in Fed hawkishness in the interim period since the last major FOMC meeting (with new SEPs) in September...
Higher US Yields Post-FOMC Pushing US Dollar to Fresh Highs Talking Points - Markets had only been pricing in two rate hikes in 2017 ahead of yesterday's FOMC meeting; FOMC says three are possible...
Scalping with IMPULSE or ACCELERATION OF CURRENCY STRENGTH The principle idea is buying strength and selling weakness. This is a fundamental strategy for investors in all marketplaces. Most amateur retail traders in Forex either ignore this winning strategy or are unaware of it...
Yen Sinks on Global Bond Rout, US Dollar Rally May Extend on CPI Talking Points: Yen slumps as global bond yields soar following FOMC rate decision New Zealand Dollar hurt as yield advantage shrinks, Aussie holds up Upbeat CPI may add fuel to US Dollar rally as Pound ignores BOE...
This time FOMC Meeting finally decided to raise interest rates. Strong rumors were already circulating in the financial media that FED has decided to raise interest rates. When a central bank raised interest rates, it makes the currency of that country appreciate. This is precisely what happened...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, December 15th And the decision is made. As it was widely expected yesterday the Fed increased its interest rate by 25 bps from previous 0.50% to current 0...
Hourly Trend: Down Resistance: 122.800 Support: 122.142 Euro/Yen Hourly Euro/Yen Hourly - Trend Changing...
Pivot Points Hourly Last Updated: Dec 15, 1:05 am -08:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.04282 1.04625 1.04853 1.04968 1.05196 1.05311 1.05654 USD/JPY 117.099 117.4 117.541 117.701 117.842 118.002 118.303 GBP/USD 1.24424 1.24886 1.25165 1.25348 1.25627 1.2581 1.26272 USD/CHF 1.01814 1...
Big banks are daily trading currencies for speculations and profit making just like us. However there is a difference between the bank trader and a retail trader. Bank trader trade the market in a much different as compared to us retail traders...