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The market has priced in 99% odds of a 25bps interest rate hike from the Fed this week…but only about a 33% chance of another rate increase this year. Traders will key into the FOMC’s...
The EUR/USD sold off and reached the May high, a sign that the daily chart is in a trading range and not a bull trend. The bears will probably get a second leg down after getting five consecutive...
I have analyzed the current market trend of GBP/USD and noticed a bearish pattern. The currency pair is currently trading at 1.2840 and is in the 3rd wave with a flag pattern in play. The MACD...
The EUR/USD on Monday, dropping to 1.1070 following the release of weak economic data. After losing for five consecutive sessions, the EURUSD has given back almost half of its gains from the 6th to...
More Interest Rate Hikes Ahead this Week? How to Trade ThemThe Federal Reserve, European Central Bank, and Bank of Japan have interest rate hikes this week. Here's a first look at what to expect...
The Japanese yen has bounced back on Monday. In the European session, USD/JPY is trading at 141.27, down 0.40%. The yen declined on Friday by 1.2%, capping an awful week, with the yen falling...
The purveyors of misinformation and conspiracy in the Gold market are at it again. This time they are predicting a new gold-backed currency from BRIC nations and others will be unveiled at the end of...
Sharing the secrets behind my successful trading techniques while surrounded by the calming sound of waves and the breathtaking view of Bermuda's beach.
The British Pound is losing ground for the 6th consecutive session, falling 2.2% to 1.2850. The downward movement began as a correction after a 9-sessions rally from 30 June but accelerated following...
- EUR/USD has had a surprise bear breakout on the Daily chart - Three consecutive bear bars strengthen the chance of a second leg down - Bulls hope buyers will overcome bears and maintain May high...
Japan’s core inflation rises in June USD/JPY jumps over 1% The US dollar continues to rally as the Japanese yen is down for a fourth straight day. In Friday’s European session, USD/JPY is...
US unemployment claims fall to two-month low Canada’s retail sales expected to ease on Friday The Canadian dollar started the day with gains but the US dollar has rebounded after a strong...