EURUSD Intra-Day Fundamentals - German Gross Domestic Product and 24 pips price movement

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2015.05.22 10:37

Fading Global Growth View Doesn’t Faze Equities, Yen Crosses or EURUSD (based on dailyfx article)

• The S&P 500 closed at a record high Thursday - extending a six-year 215 percent rally from March 2009
• Much of the speculative rank is turning to 'tactical' trading, but there is still plenty of buy-and-hold
• What is the 'risk-reward' scenario for US equities (and risk in general) to rise another 20%?

"Investors should be wary and opportunistic speculators on alert. We revisit the risk-reward evaluation of the global capital markets and sentiment in today's Strategy Video."

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2015.05.23 10:55

Holiday Conditions and Record Equities Remind of Bigger Liquidity Risks (based on dailyfx article)

If capital markets correct under risk aversion - inevitable over a long enough period - will the retreat be orderly or chaotic? There is usually at least a little panic in a bearish phase after a long build up, but conditions behind the current six-year bull trend suggest there may be more acute trouble when speculative appetites cool. Liquidity risks may have been fostered by the aggressive risk-taking and incredible policy intervention through these past years. We've seen how important liquidity is in the post-Lehman collapse and SNB's withdrawal of its exchange rate floor. But, what happens when the traditional outlets for safety are distorted? We consider the risks - and perhaps some opportunities - of liquidity issues in the unavoidable, next market bear wave in this weekend Strategy Video.

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2015.05.23 12:56

EUR/USD forecast for the week of May 25, 2015, Technical Analysis (based on fxempire article)

The EUR/USD pair broke down during the course of the week, testing the 1.10 level for support. That’s basically where we close for the week, and this is an area that we should see support at. However, we are closing at the very bottom of the range, and that of course is a very bearish sign. This is a simple set up for us: we believe that if we get a daily close below the 1.10 handle, that the market should continue down to roughly 1.05 or so. On the other hand, if we get a supportive daily candle near the 1.10 level, we believe that the market will then bounce towards the 1.15 handle. With that being said, daily charts will probably be where you need to look for setups.