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  • Markets await FOMC statement
    Markets await FOMC statement
    Good morning. As is usually the case of Fed Wednesdays, markets have quieted down and traded within a tight range...
    on Jul 29, 2015 14:36
  • Chinese stock market continues its collapse
    Chinese stock market continues its collapse
    The rollercoaster that is the Chinese stock market failed to disappoint overnight, with another whipsaw session...
    on Jul 28, 2015 14:31
  • Parliamentary victory for Tsipras
    Parliamentary victory for Tsipras
    The euro is “strong like bull” on Thursday as Greek Prime Minister Tsipras had another victory overnight. Late...
    on Jul 23, 2015 14:57
  • Equities under pressure
    Much like the selloff in gold bullion that commenced earlier in the week, equities have now found themselves under...
    on Jul 22, 2015 15:27

Opinions»

GBPUSD Rejects Daily Resistance Level – Bearish Reversal Candle

GBPUSD Rejects Daily Resistance Level – Bearish Reversal Candle

Jul 29, 2015 23:52
GBPUSD has been stuck in this holding pattern under a stubborn resistance level on the daily chary, which has been containing price for the past couple of weeks. Again, the...

Majors»

USD/JPY Forecast July 27-31

USD/JPY Forecast July 27-31

Jul 26, 2015 20:49
USD/JPY posted slight losses in an uneventful week. The pair closed at 123.68. This week has six events. Here is an outlook on the major events moving the yen and an updated...

Minors»

GBPNZD Breakout Trade Idea – Inside Day on Critical Swing Level

GBPNZD Breakout Trade Idea – Inside Day on Critical Swing Level

Jul 26, 2015 21:17
Friday’s trading session had pretty low volatility across the board, especially quiet for the GBPNZD cross pair. The daily chart stalled and churned about a critical...
  • AUD/USD Forecast July 27-31
    AUD/USD Forecast July 27-31
    AUD/USD continues to struggle, as the pair posted losses for a fifth straight week. AUD/USD lost about 90 points...
    on Jul 26, 2015 11:24
  • USD/CAD Forecast July 27-31
    USD/CAD Forecast July 27-31
    The Canadian dollar was almost unchanged last week, as USD/CAD closed slightly above the 1.30 line. This week’s...
    on Jul 26, 2015 10:47
  • USD/CAD Forecast July 20-24
    USD/CAD Forecast July 20-24
    The Canadian dollar lost about 270 points, as USD/CAD pushed past the 1.30 line for the first time since March...
    on Jul 19, 2015 17:23

Basics & Industry»

12 Questions for every trader + Interview with Itai Furman  – MM #60

12 Questions for every trader + Interview with Itai Furman – MM #60

Jul 27, 2015 10:10
Each trader should ask herself or himself these 12 questions. And we bring an interview with Itai Furman about managing money, Fed expectations and lots more. This is a...

Recent Articles

GBPUSD Rejects Daily Resistance Level – Bearish Reversal Candle

GBPUSD Rejects Daily Resistance Level – Bearish Reversal Candle

If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting! GBPUSD has been stuck in this holding pattern under a stubborn resistance level on the daily chary, which has been containing price for the past couple of weeks. Again, the market moved up into this resistance level and the [&hellip

EUR/USD: Trading the US Advance GDP

EUR/USD: Trading the US Advance GDP

Gross Domestic Product (GDP) is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. Thus, publication of the US Advance GDP often has a significant impact on EUR/USD. A reading which is higher than the market forecast is bullish for the dollar. Here are all the [&hellip

Markets await FOMC statement

Markets await FOMC statement

Good morning. As is usually the case of Fed Wednesdays, markets have quieted down and traded within a tight range only a few hours ahead of the FOMC statement. Both overnight markets saw a bit of data but it was largely ignored, looking ahead to today’s Fed statement. Chinese stocks rebounded a bit late in [&hellip

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 29 2015

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 29 2015

EURUSD Daily Pivots R3 1.1175 R2 1.1136 R1 1.1097 Pivot 1.1059 S1 1.102 S2 1.0981 S3 1.0942   EURUSD (1.107): After the break out from the falling price channel EURUSD saw a brief retest back to the break out level and is currently posting bullish bars. The rally is likely to continue as the single [&hellip

Fed tightening in September?

Fed tightening in September?

The two-day FOMC meeting concludes today with the focus on the statement released at 18:00 GMT. There is no real anticipation that policy will be changed, but the focus will be on the extent to which the statement indicates a tightening to come and possibly as early as September. Bear in mind that when the [&hellip

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 28  2015

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 28 2015

EURUSD Daily Pivots R3 1.1313 R2 1.1221 R1 1.1153 Pivot 1.106 S1 1.0993 S2 1.0899 S3 1.0832 EURUSD (1.107): With EURUSD closing on a bullish note yesterday, we expect further upside to prevail. Prices have broken the falling price channel and a possible retest of the break out is very likely towards 1.1047 through the [&hellip

Chinese stock market continues its collapse

Chinese stock market continues its collapse

The rollercoaster that is the Chinese stock market failed to disappoint overnight, with another whipsaw session surely having local traders reaching for Pepto-Bismol or other medication used to battle nausea.  After opening with another collapse that saw the Shanghai Composite shed an additional 5% of its value, buying interest emerged and the index managed to [&hellip

FOMC Not Expected to Rock the Boat

FOMC Not Expected to Rock the Boat

The two day FOMC meeting starts today, but it seems a long shot to expect the Fed to signal an increase in rates at the subsequent meeting in September. Market pricing for a September move has decreased vs. where we were earlier in the month and the past few sessions have seen more doubt creep [&hellip

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 27 2015

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 27 2015

EURUSD Daily Pivots R3 1.1077 R2 1.1036 R1 1.1008 Pivot 1.0966 S1 1.0937 S2 1.0895 S3 1.0866   EURUSD (1.10): EURUSD has maintained a strong short term bullish momentum after bounce off support near 1.0825. Price is currently struggling near resistance of 1.10. On the intraday charts, we see that this makes for a third [&hellip

Markets await the FOMC decision

Markets await the FOMC decision

We enter the last trading week of the month with a 2 day FOMC meeting to contend with. It’s unlikely that the Fed will strengthen its language so as to signal a September hike, but naturally the markets will scrutinise the statement for any signs that the Fed is shifting in that direction. The dollar [&hellip

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