Solid US data dispel economic slowdown concerns, send dollar & stocks up Yet, optimism takes a hit after Trump signs Hong Kong bill, enraging China Sterling lifted by Yougov model projecting a clear Conservative victory Dollar and stocks climb on strong data, but China worries curb optimism Worries that the American economy may be headed […]

NZDUSD has found support from the 0.6400 level, which is the 23.6% Fibonacci retracement of the up leg from 0.6202 to 0.6464, sustaining the current sideways move between 0.6435 and 0.6390. The short-term oscillators suggest that positive momentum has dried up, something also backed by the flattened 100-period simple moving average (SMA). The MACD is hovering […]

NZDUSD has found support from the 0.6400 level, which is the 23.6% Fibonacci retracement of the up leg from 0.6202 to 0.6464, sustaining the current sideways move between 0.6435 and 0.6390. The short-term oscillators suggest that positive momentum has dried up, something also backed by the flattened 100-period simple moving average (SMA). The MACD is hovering […]

Charity knows no boundaries, nor does raising awareness of people suffering from serious disabilities. On 21st November, our dedicated staff members organized a charity event in collaboration with NASOM (The National Autism Society of Malaysia) with the aim to improve the life quality of autistic children. According to estimates, in today’s world one in 160 […]

Charity knows no boundaries, nor does raising awareness of people suffering from serious disabilities. On 21st November, our dedicated staff members organized a charity event in collaboration with NASOM (The National Autism Society of Malaysia) with the aim to improve the life quality of autistic children. According to estimates, in today’s world one in 160 […]

The flash estimates of November inflation are due out of the Eurozone on Friday at 10:00 GMT and could point to the first uptick in the headline reading in five months. However, with the European Central Bank not expected to ease again anytime soon, the data isn’t anticipated to cause much of a reaction in […]

The flash estimates of November inflation are due out of the Eurozone on Friday at 10:00 GMT and could point to the first uptick in the headline reading in five months. However, with the European Central Bank not expected to ease again anytime soon, the data isn’t anticipated to cause much of a reaction in […]

To open long positions on EURUSD you need: Good data on US GDP growth for the third quarter of this year led to a breakout of the lows of the week and the strengthening of the dollar against the euro. However, despite the fact that the report turned out to be better than economists’ forecasts, […]

To open long positions on EURUSD you need: Good data on US GDP growth for the third quarter of this year led to a breakout of the lows of the week and the strengthening of the dollar against the euro. However, despite the fact that the report turned out to be better than economists’ forecasts, […]

The US 30 stock index has repeatedly closed at new record highs in November, with the series of higher peaks and higher troughs on the daily chart confirming the resumption of the longer-term uptrend. The picture is positive across all timeframes –  short, medium, and long-term – though the RSI is indicating that the latest […]

The US 30 stock index has repeatedly closed at new record highs in November, with the series of higher peaks and higher troughs on the daily chart confirming the resumption of the longer-term uptrend. The picture is positive across all timeframes –  short, medium, and long-term – though the RSI is indicating that the latest […]

Copper futures are attempting to push back up to retest the 2.7015 resistance from the high of September 16, which halted gains from the bounce off the 200-period simple moving average (SMA). Aiding the positive view are the 50- and 100-period SMAs that have held above the 200-period SMA and the recent upward turn in […]

Copper futures are attempting to push back up to retest the 2.7015 resistance from the high of September 16, which halted gains from the bounce off the 200-period simple moving average (SMA). Aiding the positive view are the 50- and 100-period SMAs that have held above the 200-period SMA and the recent upward turn in […]

AUDUSD’s descent seems to have paused yet again at the 0.6767 level, which is the 23.6% Fibonacci retracement of the down move from 0.7081 to 0.6670, turning the pair sideways. Further backing this view is the squeeze in the Bollinger bands and the flattening in the 50- and 200-period simple moving averages (SMAs). The short-term […]

AUDUSD’s descent seems to have paused yet again at the 0.6767 level, which is the 23.6% Fibonacci retracement of the down move from 0.7081 to 0.6670, turning the pair sideways. Further backing this view is the squeeze in the Bollinger bands and the flattening in the 50- and 200-period simple moving averages (SMAs). The short-term […]

Japan raised the national sales tax from 8% to 10% on October 1 – the first increase since 2014 – and early indications are that consumption has taken a hit from the higher prices. This puts the spotlight on the October retail sales numbers that are due out of Japan on Thursday (Wednesday, 23:50 GMT), […]

Japan raised the national sales tax from 8% to 10% on October 1 – the first increase since 2014 – and early indications are that consumption has taken a hit from the higher prices. This puts the spotlight on the October retail sales numbers that are due out of Japan on Thursday (Wednesday, 23:50 GMT), […]

Equities power ahead on more trade optimism, but FX and bond markets remain skeptical In Britain, a crucial model-based poll may reveal how close the election will be Packed calendar today, with an avalanche of US data coming up US stocks ascend to new heights as Trump hypes trade deal The hype train that has […]

Equities power ahead on more trade optimism, but FX and bond markets remain skeptical In Britain, a crucial model-based poll may reveal how close the election will be Packed calendar today, with an avalanche of US data coming up US stocks ascend to new heights as Trump hypes trade deal The hype train that has […]

On 23rd November, the Thai capital was yet again the event location we chose to host a grand seminar for all those investors ready to enrich their trading knowledge with further skills in anticipation of higher results. Our forex seminar, which took place at Marriott Marquis Queen’s Park Hotel in Bangkok, enjoyed the attendance of […]

On 23rd November, the Thai capital was yet again the event location we chose to host a grand seminar for all those investors ready to enrich their trading knowledge with further skills in anticipation of higher results. Our forex seminar, which took place at Marriott Marquis Queen’s Park Hotel in Bangkok, enjoyed the attendance of […]

EURJPY looks to be undecided over the last two weeks, following the decline from the high of 121.46. Furthermore, momentum seems to have evaporated, something also backed by the 40- and 100-period simple moving averages (SMAs), which are turning slightly sideways. The short-term oscillators, although suggest a dry up in directional momentum, are reflecting a […]

EURJPY looks to be undecided over the last two weeks, following the decline from the high of 121.46. Furthermore, momentum seems to have evaporated, something also backed by the 40- and 100-period simple moving averages (SMAs), which are turning slightly sideways. The short-term oscillators, although suggest a dry up in directional momentum, are reflecting a […]

The aussie has continued to struggle, as doubts about a US-China trade deal resurfaced and the US dollar staged a comeback. The nation’s capital expenditure data for Q3 – due at 00:30 GMT on Thursday – may shed some light on whether the RBA will cut rates again, but the biggest driver for the aussie […]

The aussie has continued to struggle, as doubts about a US-China trade deal resurfaced and the US dollar staged a comeback. The nation’s capital expenditure data for Q3 – due at 00:30 GMT on Thursday – may shed some light on whether the RBA will cut rates again, but the biggest driver for the aussie […]