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Talking PointsStrategy: Long (1.1280), Target: 1.1460, Stop 1.1270 (Daily Close) Clings To Key Support With Reversal Formations Absent H4 Chart Leaves Clearer Candlestick Cues Desired USD/CAD...
The U.S. Dollar traded higher against several currencies subsequent to economic reports released on Monday showing that the New York Manufacturing Index printed at 10.2 for November, after posting at...
Today’s Binary Options Trading Strategy:• Currency Pair: GBP/USD• Timeframe: H4 (Hourly Chart)• Binary Option Trading Recommendation: Seek binary call options on dips below...
EUR/USDThe euro remained lower against the dollar on Monday as a shock contraction in Japanese third quarter growth weighed and Germany’s central bank warned that economic growth will remain...
- U.K. Consumer Price Index (CPI) to Hold at Annualized 1.2% for Second-Month.- Core Rate of Inflation to Rebound from Lowest Reading Since 2009. Trading the News: U.K. Consumer Price Index Beyond...
Talking Points: -Finding Divergence -Finding a Trigger -Set Levels & Relax "If you must play decide upon 3 things at the start: the rules of the game, stakes and quitting time." -Michael...
EURUSD – Pin Bar Off Intra-day Resistance (4hr chart) Early in London trading the Euro pinged off the 1.2560 intra-day resistance level, and has since sold off aggressively, losing over +120...
For the 24 hours to 23:00 GMT, the AUD weakened 0.64% against the USD to close at 0.8701, after Australia’s CB leading index dropped 0.3% in September, compared to a revised fall of 0.1% in...
For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CHF and closed at 0.9649.In the Asian session, at GMT0400, the pair is trading at 0.9631, with the USD trading 0.19% lower from...
For the 24 hours to 23:00 GMT, the USD traded marginally higher against the JPY and closed at 116.66.In the Asian session, at GMT0400, the pair is trading at 116.64, with the USD trading a tad lower...
For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.5636, extending its earlier session losses.Yesterday, the UK Prime Minister, David Cameron stated that the world was...
For the 24 hours to 23:00 GMT, the EUR declined 0.54% against the USD and closed at 1.2450, after the ECB President, Mario Draghi, in his testimony before the European Union’s Parliament,...
The negative impact is not as strong as expected by experts, statistical data on employment in non-agricultural area of the United States population in the US currency was found that surprisingly, the...
Good morning. Hope all is well. We seem to have had a moderate forecast for yesterday with approximately 4 pairs out of the 7 behaving as predicted. This was mainly due to US Dollar strengthening...
On a month-to-month basis, the first week of each month has historically been the most impactful for FX traders. Major events like the US Non-Farm Payrolls report, ECB and BOE meetings tend to cluster...