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AUD/USD: Trading the Chinese Flash Manufacturing PMI

AUD/USD: Trading the Chinese Flash Manufacturing PMI

Jul 22, 2014 23:08
Chinese Flash Manufacturing PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their...

Majors»

GBP/USD Forecast July 21-25

GBP/USD Forecast July 21-25

Jul 20, 2014 17:12
GBP/USD showed slight losses for a second straight week as the pair slipped below the 1.71 line, closing at 1.7081. This week’s highlights are Retail Sales and...
  • USD/JPY Forecast July 21-25
    USD/JPY Forecast July 21-25
    USD/JPY traded within the known ranges once again. Inflation numbers and the trade balance are in the limelight. Here...
    on Jul 20, 2014 14:49
  • EUR/USD Forecast July 21-25
    EUR/USD Forecast July 21-25
    EUR/USD lost ground in a week that saw the odds turn against it. The Bundesbank Monthly Report, Manufacturing...
    on Jul 19, 2014 15:00
  • Forex Weekly Outlook July 21-25
    Forex Weekly Outlook July 21-25
    The dollar and the yen advanced as geo-political issues grabbed the headlines towards the end of the week. US housing...
    on Jul 18, 2014 16:08

Minors»

AUD/USD Forecast July 21-25

AUD/USD Forecast July 21-25

Jul 20, 2014 14:14
AUD/USD was unchanged for a second straight week, as the pair closed at 0.9382. This week’s highlight is CPI. Here is an outlook on the major market-movers and an updated...
  • USD/CAD Forecast July 21-25
    USD/CAD Forecast July 21-25
    USD/CAD was unchanged at the end of the week, closing at 1.0732. The upcoming week is very quiet, with just...
    on Jul 20, 2014 12:01
  • NZD/USD Forecast July 21-25
    NZD/USD Forecast July 21-25
    The New Zealand dollar dropped from the highs and basically marked a double top. The focus this week is clearly...
    on Jul 20, 2014 11:24
  • AUD/USD Forecast July 14-18
    AUD/USD Forecast July 14-18
    AUD/USD was almost unchanged last week, as the pair closed at 0.9352. This week’s highlight is the RBA Monetary...
    on Jul 13, 2014 17:41

Basics & Industry»

OANDA launches robust, customizable iPad app

OANDA launches robust, customizable iPad app

Jul 23, 2014 12:00
OANDA presents a new iPad app for its fxTrade platform, and this version consists of quite a few powerful features. The main thing that stands out is customization: the trader...
  • Live To Trade Another Day
    Live To Trade Another Day
    In traditional investing, risk is viewed as volatility or standard deviation of the asset’s marked to market...
    on Jul 23, 2014 08:19
  • How ‘not to trade’ breakouts
    How ‘not to trade’ breakouts
    Breakouts are classic price patterns that traders have been using for years to make profitable trades. Breakouts...
    on Jul 22, 2014 08:55
  • Can we rely on all regulated Forex brokers?
    Can we rely on all regulated Forex brokers?
    There is one word that a lot of the world’s population associates with the financial world. That word is ‘greed’....
    on Jul 17, 2014 12:20

Recent Articles

NZD/USD sells the fact – falls after rate hike to 3.50%

NZD/USD sells the fact – falls after rate hike to 3.50%

So, the Reserve Bank of New Zealand raised the rates for the fourth time in a row, to 3.50% despite the weak inflation numbers. However, this was highly anticipated and seems to be the last hike for the time being. NZD/USD falls already nearly 100 pips. The pair peeked above 0.87 just before the publication but dropped

Forex Analysis: GBP/USD Pulls Back but Maintains Strong Bullish Trend

Forex Analysis: GBP/USD Pulls Back but Maintains Strong Bullish Trend

July 23, 2014 – GBP/USD (daily chart) has pulled back towards major support around the 1.7000 level but has, for the time being, maintained the strong bullish trend that has been in place for over a year since the July 2013 lows near 1.4800. Price action is still trading well above its 50-day moving average,

Global Equities Shrug Off Lack of Positive Geopolitical Progress

Global Equities Shrug Off Lack of Positive Geopolitical Progress

The hope that there would be a further moderation in tensions surrounding the Ukrainian conflict after EU foreign ministers refrained from introducing phase three sanctions against Russian yesterday may have just been dashed, as reports have hit the wires this morning that pro-Russian rebels have downed two Ukrainian fighter planes near the Savur Mogila region

EUR/USD July 23 – Weakens on US Housing Numbers, Global Concerns

EUR/USD July 23 – Weakens on US Housing Numbers, Global Concerns

EUR/USD finds itself under pressure on Wednesday, as the pair trades in the mid-1.34 range. The euro has fallen to its lowest level since November, and has slipped over 200 points in July. The violence in Gaza and Ukraine, weak Eurozone numbers and talk of a rate hike in the US have boosted the US dollar at the expense of the euro. Will

OANDA launches robust, customizable iPad app

OANDA launches robust, customizable iPad app

OANDA presents a new iPad app for its fxTrade platform, and this version consists of quite a few powerful features. The main thing that stands out is customization: the trader can choose his preferred currency pairs, set their size and browse through a long list of currencies. The option to use the full size of the

EUR/USD & USD/CHF Intraday: Elliott Wave Analysis

EUR/USD & USD/CHF Intraday: Elliott Wave Analysis

On the FX floor we are tracking USD/CHF very closely and considering a coming three wave set-back in the near-term as the rally from around 0.8970 can be counted in five waves. We are considering to close USDCHF longs. USDCHF 1h Elliott Wave Analysis The EURUSD has some room left on our Fibonacci levels, placed

EUR/NZD Breaks An Important Support Line

EUR/NZD Breaks An Important Support Line

The Euro was seen trading lower against most of its counterparts, including the New Zealand dollar. The Euro is one of the worst performers of the day, as it was trading below yesterday’s low compared to other currencies, which managed to recover some of the lost ground. The EURNZD pair has breached an important confluence

MPC remains unanimous on rates, but ups the ante – GBP/USD dips

MPC remains unanimous on rates, but ups the ante – GBP/USD dips

The UK Monetary Policy Committee remained unanimous on its decisions. No member voted for a hike, not this time. However, some members say that the danger of a rate hike derailing the recovery has receded. This is a hawkish note. GBP/USD was moving higher towards the publication, reaching above 1.7090 from around 1.7060 earlier in the

US dollar gaining strength

US dollar gaining strength

So far this month (and quarter) there has been a more dominant trend towards dollar strength.  It’s happening around 6 months later than anticipated, but nevertheless it is emerging.  Earlier in the month, this was coming on the back of interest rates moves working in the dollar’s favour (2Y market rates), but we are also

AUD/USD rises towards sensitive levels as core inflation beats expectations

AUD/USD rises towards sensitive levels as core inflation beats expectations

The Australian dollar isn’t falling down that fast, and now it has a good reason to rise. Quarterly inflation figures for the second quarter show that the Trimmed Mean CPI (aka core CPI in other countries) is quite strong: 0.8% q/q against 0.6% expected, and 2.9% year over year, more than 2.7%. There were no