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Scotland Referendum: Timetable for forex traders

Scotland Referendum: Timetable for forex traders

Sep 18, 2014 08:00
The historic referendum deciding whether Scotland should be become an independent country happens September 18th. The results are expected after the US markets close and...

Majors»

Subdued Price Action as Fed Week Kicks Off

Subdued Price Action as Fed Week Kicks Off

Sep 15, 2014 20:29
After a quiet week where market participants digested the previous weeks’ employment data in the US, along with fresh accommodating monetary policy measures from the ECB,...
  • GBP/USD Forecast Sep. 15-19
    GBP/USD Forecast Sep. 15-19
    The British pound lost ground early last the week but recovered and posted slight gains over the week. The...
    on Sep 14, 2014 18:13
  • USD/JPY Forecast Sep. 15-19
    USD/JPY Forecast Sep. 15-19
    USD/JPY is taking in the view at 6-year highs, as the yen shed over 200 points last week. The pair closed on...
    on Sep 14, 2014 14:05
  • EUR/USD Forecast Sep. 15-19
    EUR/USD Forecast Sep. 15-19
    EUR/USD dived to lower levels, but it was certainly not a one way street. Has it bottomed out? The big events...
    on Sep 14, 2014 11:50

Minors»

AUD/USD Forecast Sep. 15-19

AUD/USD Forecast Sep. 15-19

Sep 14, 2014 16:05
AUD/USD suffered its worst week in over a year, losing more than 300 points. The pair closed the week slightly above the 0.90 level. The upcoming week is quiet, highlighted...
  • USD/CAD Forecast Sep. 15-19
    USD/CAD Forecast Sep. 15-19
    The Canadian dollar had its worst week of 2014, as USD/CAD jumped about 200 points, closing close to the 1.11...
    on Sep 14, 2014 14:07
  • NZD/USD Forecast Sep. 15-19
    NZD/USD Forecast Sep. 15-19
    The New Zealand dollar was under the heavy hand of the US dollar once again, reaching new lows and even falling...
    on Sep 14, 2014 11:31
  • USD/CHF closing on a rejection candle formation
    USD/CHF closing on a rejection candle formation
    USDCHF: With USDCHF closing on a rejection candle formation (shooting star), it faces the risk of a pullback in...
    on Sep 13, 2014 14:51

Basics & Industry»

How to Use Parabolic SAR in Forex

How to Use Parabolic SAR in Forex

Sep 18, 2014 08:52
One of the most common strategies in forex trading is to follow trends. However, it is often difficult to know exactly when a trend has begun and – equally importantly –...

Recent Articles

Scotland Referendum: Timetable for forex traders

Scotland Referendum: Timetable for forex traders

The historic referendum deciding whether Scotland should be become an independent country happens September 18th. The results are expected after the US markets close and before London opens. This means that the foreign exchange market is the best place to be for seeing and perhaps trading on the news as they break – news which is critical for the

TLTRO only €82.6 billion – EUR/USD eventually slides – higher chance of big ABS, QE

TLTRO only €82.6 billion – EUR/USD eventually slides – higher chance of big ABS, QE

While the estimate certainly differed, an uptake of only 82.6 billion euros is quite low. This means that banks were somewhat shy to take money, and that the ECB balance sheet is expanding only slowly and that there is a better chance of a bigger ABS and full blown QE. The initial reaction was a higher

A Big Day for Scotland

A Big Day for Scotland

Scotland has been the most talked about country in the world in recent weeks and today its residents have the chance to make one of the most important decisions in not only their history, but potentially the history of many other semi-autonomous parts of the world. Waiting in the wings are other regions across Europe

UK retail sales +0.4% as expected – back to Scotland now

UK retail sales +0.4% as expected – back to Scotland now

No surprises in UK retail sales for August: +0.4%, bang on expectations. Year over year, we have a rise of 3.9%, slightly below 4.1% expected. UK store prices fall 1.2% y/y, the most since 2009. This isn’t good news. The general picture of the UK economy is good, but the lack of inflationary pressures seen in

EUR/USD, GBP/USD, USD/JPY Pivot Points and Technical analysis – September 18

EUR/USD, GBP/USD, USD/JPY Pivot Points and Technical analysis – September 18

EURUSD Daily Pivots R3 1.3075 R2 1.3027 R1 1.2945 Pivot 1.2898 S1 1.2816 S2 1.2769 S3 1.2686   Despite a modest recovery in the inflation data the Euro was little changed in the run up to the FOMC statement yesterday. The Euro was quite bearish against the Greenback, making an intra-day low to 1.28513. The

EUR/CHF crashes on SNB decision on no decision on negative deposit rate

EUR/CHF crashes on SNB decision on no decision on negative deposit rate

EUR/CHF fell around 50 pips in the immediate aftermath of the SNB decision, from 1.2110 to 1.2060, before bouncing back to around 1.2080. The SNB left the LIBOR target rate unchanged as everybody had expected. However, no negative deposit rate was announced. The SNB will have to be more alert if the euro continues to slide against the US dollar.

How to Use Parabolic SAR in Forex

How to Use Parabolic SAR in Forex

One of the most common strategies in forex trading is to follow trends. However, it is often difficult to know exactly when a trend has begun and – equally importantly – when it is about to come to an end. However, there are a number of indicators which can detect when trends may be about

EUR/USD Sep. 18 – Trying to recover from FOMC blow, ahead of TLTRO

EUR/USD Sep. 18 – Trying to recover from FOMC blow, ahead of TLTRO

EUR/USD trying to find a new balance on lower ground around 1.2870, after it surrendered to the greenback’s strength following Yellen’s comments and dipping into a new 14 month low. There’s no rest for the comment currency, as today we get the results of the first TLTRO – the targeted loans from the ECB. It’s also important

Scotland Referendum begins: GBP/USD recovers, latest polls converge around 52/48 for No,

Scotland Referendum begins: GBP/USD recovers, latest polls converge around 52/48 for No,

As voting begins in Scotland, most the latest polls converge around a very narrow victory for No, by 52% to 48%. Those that don’t show this result have either 49% or 47% for Yes. So, it’s either all pollsters are right, or all will fall together. Here is the case for Yes, and why pollsters have a harder job this time. GBP/USD

EUR/USD breaks down to new 14 month low – next levels ahead

EUR/USD breaks down to new 14 month low – next levels ahead

The dollar is storming ahead on the FOMC statement and Yellen’s press conference. There was no big news, but the markets snapped every hawkish note, just looking to buy US dollars. As the snowball slides, EUR/USD is falling to a new low. The previous low of 1.2858 has been breached, with 1.2851 the new low at