Dollar Symbol, © 2009, Svilen.milevToday the markets continued to strain under the weight of the Dollar with traded levels a far cry from previous trading sessions highs.Many analysts have pointed out that there has been a downward trend channel in the Euro as well as the Sterling against the Dollar.This is where traders are now left to decide whether the […]
USD/JPY bulls may soon take the initiative – technical analysisForex News | Written By Dimitry Loukashov |
Created: Feb 20, 2014 13:47 GMT
Today there are two indicators of the U.S. economy – the core CPI for this month and initial jobless claims for the previous week (Unemployment Claims) coming out at once.The CPI is longer-term indicator and therefore it is more […]
Stocks are rallying following the release of a solid initial estimate of fourth-quarter U.S. GDP this morning, and appetite for risk appears to be making a momentary comeback.The S&P 500 is trading 1.3% higher at 1796. Gold futures, meanwhile, are down 1.5%, trading near $1243 an ounce, and 10-year U.S. Treasury futures are down 0.3%, while the yield on the […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereApril gold is trading lower but the main trend is still up on the daily chart. The market is trading inside yesterday’s range, suggesting trader indecision. Bullish traders seem to be holding out hope that the emerging market problems will lead to lower equity prices […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereA sharp drop in the U.S. Dollar overnight helped February Gold futures reverse earlier weakness, putting the market in a position to post a solid gain today. Conditions looked bleak shortly after the opening when gold took out the last swing bottom at $1233.50, turning […]
Have you ever asked yourself, “What should be the minimum volume requirement for the stocks and ETFs I trade?” If so, you’re definitely not alone.It’s an important question, yet the answer is not black and white (despite what you may have heard from other traders). Read on and I will tell you why…
What Is Average Daily Trading Volume? Why Does […]
Morning technical analysis – 7 January 2014January 7, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is trading lower against the dollar this morning after failing to close back above the neckline of the double top yesterday. This failure to close back above could be seen as confirmation of the initial break below the neckline, prompting a move back towards […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe March U.S. Dollar Index is trading higher today. Volume is down because of light trading in the Forex market. Short-term analysis suggests the dollar is still trying to establish a new higher support level. Long-term analysis suggests the dollar should benefit from additional tapering […]
Morning technical analysis – 19 December 2013December 19, 2013 by Craig Erlam in Technical analysisEURUSDThe FOMC announcement did not disappoint last night, creating huge surges in volatility, followed broadly by dollar gains. The euro was one of the biggest losers against the dollar last night, closing more than 80 pips lower on the day following the initial period of excessive […]
The Dow finally recorded its first close above the 16,000 mark yesterday driven by encouraging jobs data. The Nasdaq too finished in the green while the S&P 500 snapped its three-day losing streak. Meanwhile, annual inflation rate came in lower than the Federal Reserve’s target. President of the Federal Reserve Bank of St. Louis and a voting member of the […]
