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  • EURUSD: Vulnerable But With Caution
    EURUSD: Vulnerable But With Caution
    EURUSD: With EUR extending its weakness on Thursday, further downside pressure is likely. With a rejection candle...
    on Aug 1, 2014 09:07

Opinions»

EUR/USD: Trading the US Non-Farm Employment Change

EUR/USD: Trading the US Non-Farm Employment Change

Jul 31, 2014 16:26
US Non-Farm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than...

Majors»

GBP/USD Forecast July 28-Aug.1

GBP/USD Forecast July 28-Aug.1

Jul 27, 2014 19:56
GBP/USD took a tumble last week, as the pound coughed up over a 100 points and slipped below the 1.70 level. The pair closed the week at 1.6964. This week’s...
  • USD/JPY Forecast Jul. 28 – Aug. 1
    USD/JPY Forecast Jul. 28 – Aug. 1
    USD/JPY rose from the lows approaching the well known 102 line once again in a week that saw lots of dollar strength....
    on Jul 27, 2014 12:25
  • EUR/USD Forecast Jul 28-Aug 1
    EUR/USD Forecast Jul 28-Aug 1
    EUR/USD lost ground for another week and reached levels last seen in November 2013. Will it continue lower? Inflation...
    on Jul 26, 2014 15:00
  • Forex Weekly Outlook Jul. 28 – Aug. 1
    Forex Weekly Outlook Jul. 28 – Aug. 1
    The US dollar advanced nicely in a week that saw mixed data. A triplet of top tier US events dominates the scene:...
    on Jul 25, 2014 19:59

Minors»

NZD/USD Forecast Jul. 28 – Aug. 1

NZD/USD Forecast Jul. 28 – Aug. 1

Jul 28, 2014 18:24
The New Zealand dollar was hit hard despite a rate hike. Where will it find a bottom? As the calendar is light, the kiwi is likely to continue digesting the words coming...
  • AUD/USD Forecast July 28-Aug. 1
    AUD/USD Forecast July 28-Aug. 1
    AUD/USD was unchanged for a third consecutive week, as the pair closed at 0.9384. This week’s highlight are...
    on Jul 27, 2014 14:53
  • USD/CAD Forecast July 28-Aug. 1
    USD/CAD Forecast July 28-Aug. 1
    The Canadian dollar sagged on Friday, as USD/CAD pushed above the 1.08 level, closing at 1.0803. On the release...
    on Jul 27, 2014 14:09
  • AUD/USD Forecast July 21-25
    AUD/USD Forecast July 21-25
    AUD/USD was unchanged for a second straight week, as the pair closed at 0.9382. This week’s highlight is...
    on Jul 20, 2014 14:14

Basics & Industry»

Avoid Trading the Martingale Way

Avoid Trading the Martingale Way

Aug 1, 2014 09:32
If someone came to you and said that there was a trading strategy where you were always guaranteed to make a profit, there is a very good chance that you wouldn’t believe...

Recent Articles

Avoid Trading the Martingale Way

Avoid Trading the Martingale Way

If someone came to you and said that there was a trading strategy where you were always guaranteed to make a profit, there is a very good chance that you wouldn’t believe them. However, such a strategy does exist. It’s known as the martingale – and you should avoid it at all costs. The martingale

EURUSD: Vulnerable But With Caution

EURUSD: Vulnerable But With Caution

EURUSD: With EUR extending its weakness on Thursday, further downside pressure is likely. With a rejection candle printed on Wednesday, beware of a recovery higher risk. Support lies at the 1.3000 level where a break will expose the 1.3350 level. Below here will pave the way for a move lower towards the 1.3300 level. If

Forex Crunch Key Metrics July 2014

Forex Crunch Key Metrics July 2014

The second half of the year began with a positive change in traffic: stronger market volatility has a positive impact on all metrics, in comparison with the slower previous months. Hopefully this trend continues. Here are the numbers: Website: Page Views: 473,777. Sessions: 211,600. Users: 71,456. Time on Site: 2:43 Average Pageviews/Visit: 2.24. Bounce Rate: 41.85% Mobile App stats: Active Users: 2,439

EUR/USD: Trading the US Non-Farm Employment Change

EUR/USD: Trading the US Non-Farm Employment Change

US Non-Farm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Published on Friday at 12:30 GMT. Indicator Background

Calm Between The Storms

Calm Between The Storms

This Thursday shall serve as the calm between the storms following yesterday’s FOMC meeting and Q2 US GDP print and tomorrow’s July non-farm payrolls report. The US dollar remains strong following an initial report that the second quarter expanded at an annualized rate of 4.0% versus a 3.0% expectation. This was well received by the market following a

Canada grows in May by 0.4%, but the Canadian dollar falls

Canada grows in May by 0.4%, but the Canadian dollar falls

While Canadian growth beat expectations, it isn’t enough against the greenback. Canadian Gross Domestic Product rose by 0.4% in May, better than predicted. Canada was expected to report a growth rate of 0.3% in the month of May after only 0.1% in April. USD/CAD traded above 1.09 before the release. The Canadian dollar has been beaten

US jobless claims rise to 302K – USD extends gains

US jobless claims rise to 302K – USD extends gains

US jobless claims rose above 300K to 302K, as expected. However, the lack of a significant revision from last week is positive news. On the contrary, last week’s number was revised to the downside: 279K. US jobless claims were expected to bounce back above 300K to 303K, after they fell to an 8 year low

EUR/USD July 31 – Under Pressure As US GDP Sparkles

EUR/USD July 31 – Under Pressure As US GDP Sparkles

EUR/USD is stable on Thursday, as the pair continues to trade in the high-1.33 range in the European session. On the release front, Eurozone indicators were mixed. In Germany Retail Sales and Unemployment Change beat their estimates, while French Consumer Spending posted another strong gain. Eurozone CPI and Unemployment Rate met expectations. In the US, today’s highlight

Euro-zone July inflation digs the bottom: 0.4%

Euro-zone July inflation digs the bottom: 0.4%

How low can euro-zone inflation go? Lower – a new low of 0.4% is recorded in euro-zone inflation – the lowest since 2009. Will the ECB react to this news or will it prefer to say that more time is needed for its measures to be felt in the markets? It is clearly missing its target.

Eurozone inflation data  and weekly jobless claims watched

Eurozone inflation data and weekly jobless claims watched

In response to yesterday’s Outlook question, the answer is yes and in some style.  The US not only recouped its growth losses for Q1 by showing Q2 growth was 4%, but the decline in Q1 was revised upwards.  Unsurprisingly, the dollar surged on the news sending all the major pairs lower and USDJPY spiked getting