Forex Technical Analysis

Live FX Market Analysis – 16 October 2018 (Video)

It’s been another turbulent week in FX markets with last week’s sell-off suitably spooking investors, Saudi Arabia causing a stir following allegations of murder at its embassy in Turkey, Brexit talks stalling and Italy risking the wrath of the European Commission after submitting its budget. Senior Market Analyst Craig Erlam discusses all of these and… [...]

Why Wheat Price Could Continue to Rise After WASDE Report

Wheat is an important agricultural commodity consumed by billions of people around the world every day. It is used in the making of bread and other food products. As the world’s population has risen, the demand for wheat has risen as well. The biggest producers of wheat are China, India, Russia, and the United States.… [...]

USD/CAD – Canadian dollar higher on stronger business optimism

The Canadian dollar has posted gains in the Tuesday session. Currently, USD/CAD is trading at 1.2950, down 0.31% on the day. On the release front, Canadian Foreign Securities was dismal, with a gain of just C$2.82 billion. This was much smaller than the estimate of C$10.05 billion. In the U.S, there are on major events… [...]

$USDCHF 8 to 1 RETURNS. Massive range trade

$USDCHF 8 to 1 RETURNS. Massive range trade U.S. Dollar/Swiss Franc FX:USDCHF Fx_Montana Over the past few years, playing the rage in the Swiss Franc             has been a massive money maker, the range being super wide, just wait for the extremes of the range and play it back to the other side. Fundamentally, The… [...]

Pound – I have a dream

Pound – I have a dream British Pound/U.S. Dollar FX:GBPUSD HelenRush While EURUSD             stays under pressure, GBPUSD             managed to show an amazing appreciation – it adds around 100 pips a day two days in a row. Positive UK data only supported the move, as average wages increased to 2.7% from 2.6% forecasted reaching… [...]

DAX gains ground as Italian markets recover

The DAX index has posted considerable gains in the Tuesday session. Currently, the index is at 11,689, up 0.66% on the day. In economic news, German ZEW Economic Sentiment plunged to a level of -24.7, well below the estimate of -12.3 points. Eurozone ZEW Economic Sentiment followed a similar trend, falling to -19.4, compared to… [...]

GBPNZD, Buy counter trend on H1

GBPNZD, Buy counter trend on H1 British Pound/New Zealand Dollar FX:GBPNZD DatTong H4: – Structure: uptrend – Test support H1: – Tendency: Downward – Weakening – Test support–> Given signal u... [...]

4 soul-sucking menaces that prey on traders

Lie down on the coach and close your eyes… Rich’s Psychoanalysis clinic for traders is open for business… Let’s see if we can get the bottom of some deeper trading performance issues you might be having. Now I’m sure you’re already aware of the obvious ‘technical’ things you need to pay attention to: your ability […] [...]

There is a possibility for the beginning of an uptrend in REQBTC

There is a possibility for the beginning of an uptrend in REQBTC Request Network / Bitcoin BINANCE:REQBTC ForecastCity Technical analysis: . RequestNetwork/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 67. Trading… [...]