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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

Opinions»

USD/CAD: Trading the Canadian GDP

USD/CAD: Trading the Canadian GDP

Jul 30, 2015 15:07
Canadian GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is...

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

USDCAD awaiting growth data

USDCAD awaiting growth data

If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting!The last trading day of the month, which does bring risk of choppier than normal trading as institutional investors re-balance portfolios and funds adjust to fit around month end performance statistics. The standout yesterday was the weaker euro, given that [&hellip

Heading towards a rate increase

Heading towards a rate increase

The impression given by the Fed’s post meeting statement last night suggests a central bank inching towards a rate increase, with inching being the operative word here because the changes to the wording were indeed very subtle. But there will be an even greater focus on the jobs numbers going forward, given that the Fed [&hellip

Dollar boosted by Yellen’s statement

Dollar boosted by Yellen’s statement

Good morning. The US dollar remains strong this morning after yesterday’s FOMC policy meeting. Chairman Yellen and company released a carefully worded statement that is resonating with dollar bulls for some minor tweaks made towards labor and inflation outlooks. In the minutes following the 2pm release, volatility was extreme as the greenback was sold hard, but [&hellip

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 30 2015

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 30 2015

EURUSD Daily Pivots R3 1.117 R2 1.1127 R1 1.1054 Pivot 1.1010 S1 1.0937 S2 1.0893 S3 1.082   EURUSD (1.097): EURUSD posted a second straight day of losses as the currency failed to hold on to the gains near 1.1086. EURUSD was down trading back near the 1.097 region which marks a strong level of [&hellip

USD/CAD: Trading the Canadian GDP

USD/CAD: Trading the Canadian GDP

Canadian GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Canadian dollar. Here are all the details, and 5 possible outcomes for USD/CAD. Published on Friday at 12:30 [&hellip

GBPUSD Rejects Daily Resistance Level – Bearish Reversal Candle

GBPUSD Rejects Daily Resistance Level – Bearish Reversal Candle

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 higher prices were denied, and pushed back lower to create a bearish rejection candle in response [&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

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