Read More British Pound at 618 persen Retracement
Posted in FX News | Tagged 618, at, british, pound, retracement |
The Loonie-Yen pair has consolidated in recent weeks, after retracing approximately 600-pips in March and April that would pare back its 2010 losses. Read More CAD JPY Descending Channel Provides Swing Trading Opportunity
Posted in FX News | Tagged cadjpy, channel, descending, opportunity, provides, swing, trading |
The US Dollar is likely to see significant volatility in the week ahead as traders anxiously await the results of May Nonfarm Payrolls data due Friday. FX Options markets accordingly price in major moves across the board and favor volatility-friendly trading strategies. Read More US Dollar Poised for Major Volatility, Breakout Strategies Attractive
Posted in FX News | Tagged attractive, breakout, dollar, for, major, poised, strategies, us, volatility |
Read More Stopped out of EUR USD
Posted in FX News | Tagged eurusd, of, out, stopped |
The NZDUSD has exceeded the 8120 high and tested the 2008 high at 8215. There is a short term Fibonacci extension at 8252. Read More New Zealand Dollar Hits 2008 High
Posted in FX News | Tagged 2008, dollar, high, hits, new, zealand |
Crude oil and the S&P 500 are positioned just below key resistance while gold has broken higher, hinting the US Dollar may rebound amid renewed risk aversion. Read More SdanP 500, Crude Oil Positioning Hint US Dollar Rebound Ahead
Posted in FX News | Tagged 500, ahead, crude, dollar, hint, oil, positioning, rebound, sp, us |
Monday’s session of trade could prove to be rather boring, with two major markets closed for holidays. We recommend waiting to take action until a fuller Tuesday trading session…. Read More UK and US Closed for Holiday Markets Trading on Very Low Volume
Posted in FX News | Tagged and, closed, for, holiday, low, markets, on, trading, uk, us, very, volume |
Read More AUD USD Classical Technical Report 0530
Posted in FX News | Tagged 0530, audusd, classical, report, Technical |
Read More EUR CHF Classical Technical Report 0530
Posted in FX News | Tagged 0530, classical, eurchf, report, Technical |
US non-farm payrolls (May): The recent patch of soft US activity data has raised the significance of Friday’s report, as payroll employment is an important coincident indicator of economic activity and will provide a crucial guide to output growth in the quarter. Given this, together with the fact that it Read More Fears of US [...]
Posted in FX News | Tagged fears, of, overdone, slowdown, us |