When you observe market behavior for a couple of decades, you’ll see some things you’d never thought were possible. Watch our Financial Forecast co-editor share what has surprised him over the years — and what he’s watching now. Learn How the Wave Principle Can Improve Your Trading
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You probably know that Elliott wave analysis has three strict rules, plus a handful of guidelines. When you apply them to price charts, you can set realistic price targets — short- or long-term. Watch as our monthly Global Market Perspective contributor shows you how. Learn How the Wave Principle Can Improve Your Trading
You probably know that Elliott wave analysis has three strict rules, plus a handful of guidelines. When you apply them to price charts, you can set realistic price targets — short- or long-term. Watch as our monthly Global Market Perspective contributor shows you how. Learn How the Wave Principle Can Improve Your Trading
All market forecasting is… well, forecasting. Meaning, there are no guarantees. Elliott wave analysis is not fool-proof, either. Still, see if this tip from our Head of Global Research helps you add confidence to your wave counts. Learn How the Wave Principle Can Improve Your Trading
Traders have many tools to spot short-term trend reversals. But if you’re an investor, how do you know which way the tide is flowing? Watch our European Financial Forecast editor explain the key difference between market tops and bottoms every investor should know about. Learn How the Wave Principle Can Improve Your Trading
Stocks and bonds go together like milk and cookies: When stocks rally, bonds fall — and vice versa. At least, that’s what you often hear in the news. The reality is a bit more complex. Watch our Interest Rates Pro Service editor show you important details about the stocks-bonds correlation — and also, how to […]
Besides Elliott waves, we at EWI watch 100+ other technical market indicators. Watch as our Cryptocurrency Pro Service editor shows you how to use the market’s volume signature to forecast what’s next for Bitcoin. Learn How the Wave Principle Can Improve Your Trading
Technical Analysis: 22/10/2019 – GBPUSD shows signs of some stalling but still looking bullish
Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Technical Analysis – EURNOK slips below record highs; could soften in short-term
EURNOK entered uncharted territory after closing strongly bullish above the previous peak of 10.09, with the price rising to an all-time high of 10.24 on Friday. The market has slightly softened since then and the fact that the price has been fluctuating around the upper Bollinger band suggests that a weaker performance cannot be ruled […]
Trade developments, Brexit and Gold: The week in 60 seconds | FXTM | 22/10/2019
FXTM Research Analyst, Lukman Otunuga, rounds up all the key market events for this week and pinpoints what traders might look out for ahead, including: • Market mood dictated by trade developments, earnings and #Brexit • Investors brace for another Brexit showdown in the Commons • #Gold searches for direction For more Market Analysis read […]
Trade developments, Brexit and Gold: The week in 60 seconds | FXTM | 22/10/2019
FXTM Research Analyst, Lukman Otunuga, rounds up all the key market events for this week and pinpoints what traders might look out for ahead, including: • Market mood dictated by trade developments, earnings and #Brexit • Investors brace for another Brexit showdown in the Commons • #Gold searches for direction For more Market Analysis read […]
Technical Analysis – GBPUSD shows signs of some stalling but still looking bullish
GBPUSD seems undecided of direction after driving the price marginally above the 1.3000 handle. The aggressive rally that commenced on October 10, recouped nearly three quarters of losses in the drop from the high of 1.3381. The Tenkan-sen and Kijun-sen lines have now merged and turned flat, indicating that the short-term momentum has weakened. The […]
Forex News: 22/10/2019 – Pound steady ahead of Parliamentary Brexit debate
Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Forex News: 22/10/2019 – Pound steady ahead of Parliamentary Brexit debate
Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Technical Analysis: 22/10/2019 – EURJPY bulls challenge long-term descending trendline
Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Technical Analysis: 22/10/2019 – EURJPY bulls challenge long-term descending trendline
Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Technical Analysis: 22/10/2019 – EURJPY bulls challenge long-term descending trendline
Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Technical Analysis: 22/10/2019 – EURJPY bulls challenge long-term descending trendline
Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Technical Analysis: 22/10/2019 – EURJPY bulls challenge long-term descending trendline
Risk Warning: 69.10% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Daily Market Comment – Pound steady ahead of Parliamentary Brexit debate; stocks boosted by trade optimism
UK Parliament to begin debating Withdrawal Agreement bill Pound near highs but at risk if lawmakers derail Johnson’s Brexit plan US and China continue to send positive vibes on trade talks, lifting stocks Canadian dollar brushes off election concerns as Trudeau loses majority Busy week for UK Parliament; more headaches for Johnson ahead The Speaker […]
Technical Analysis – EURJPY bulls challenge long-term descending trendline
EURJPY added more than 3.0% to its value so far this month, getting closer to the 200-day simple moving average (SMA) that remains untouched over the past year and could play a key role for the rally to keep going. Yet, with the market trading in the crossroads of the key 121.36 resistance and a long-term descending trendline at […]
Traditionally, XM commemorates significant company milestones side by side with clients, with whom we have built strong bonds throughout the years, and the latest of such festive events took place in the Thai capital on 5th October. On this very special occasion, we were pleased to invite our clients and partners to the annual XM […]
Canadian retail sales to continue rebound in August; loonie braces for election results – Forex News Preview
Retail sales numbers for August are due out of Canada on Tuesday at 12:30 GMT. However, traders are likely to be more preoccupied with the outcome of Monday’s federal election in Canada where the incumbent prime minister, Justin Trudeau, is in a closely fought race with his Conservative rival, Andrew Scheer, with the two parties […]
Technical Analysis – AUDJPY tests swing peak, putting 6-month down move into question
AUDJPY buyers are currently encountering a crucial resistance level at 74.48, after surpassing the Ichimoku cloud. Backing the short-term positive picture is the 50-day simple moving average (SMA) which has adopted an upwards-sloping demeanor and the Tenkan-sen which has fulfilled a bullish crossover of the Kijun-sen line. Also supporting the improving positive outlook are the […]
The weakness of the dollar is becoming persistent. AUD and NZD will continue to grow.
Asian trading session opened the week in the green zone, but this is a technical movement caused by the weakening dollar, as more and more confidence is growing in the markets that the Fed will not be able to stop the threat of a new recession only by lowering rates, and therefore, the large-scale infusion […]