NZDUSD Elliott Wave Analysis: Triangle Takes Over
NZDUSD appears to be carving a bullish triangle wave in Elliott wave terms. This implies sideways consolidation and eventual break higher while holding above .6423.
Should You Rely on RSI in Forex?
The Relative Strength Index is probably one of the most popular price indicators and it is being used by those traders who are at the beginning with forex trading. However,…
Ahead of NFP our Trading Positions
Ahead of August Nonfarm Payroll (NFP) report today the dollar is trading with a comparatively strong. ADP survey data were also surprised that private sector added 237K whereas the expectation…
NZD/USD Technical Analysis: Double Top Forming Below 0.69?
NZD/USD Technical Strategy: 0.6785 New Zealand Dollar bounce cut short at familiar resistance level RSI divergence suggests that a double top may be in in the works Short position remains…
Forex for February 14, 2019. Prediction and Analysis
EUR/USD (Last Price: 1.1270) SELL First, Entry = 1.1250, SL = 1.1290, TP = 1.1210 if hit SL, then BUY, Entry = 1.1290, SL = 1.1250, TP = 1.1330 GBP/USD…
NZD/USD Rallies on Mixed RBNZ Guidance- Orr Testimony in Focus
The testimony with RBNZ Governor Adrian Orr may continue to shake up NZD/USD as the central bank warns that the next move in the cash rate ‘could be up or…
Gold Technical Analysis: Recent recovery shifts market attention to $1325
Gold daily chart Gold prices trade around $1312.30 near to the end of Thursday. The yellow metal did bounce from an upward sloping trend-line that connects lows since mid-November at…
Daily Market Review – 14.1.2019
Europe The big news today is of course Brexit, with parliament expected to vote on plan A some time within the next 48 hours. With prospects bleak, the actual d-day…
VIDEO – Targets for GBP, USDJPY and EURO
Got the chance to appear on CNBC World Wide Exchange with Sara Eisen this morning talking about my Targets for GBP, USD/JPY and comments on EURO Watch Now. Lots of Good Stuff.
Forex Volatility Continues Rising. What are the Implications for the Euro?
This week witnessed another flareup in the eurozone sovereign debt crisis. As a result, volatility in the EUR/USD pair surged, by some measures to a record high. Even though the…
US Dollar Rally Resumes as S&P 500 Looks More at Risk to Reversal
US Dollar resumed rally as CPI report reduced dovish Fed policy bets, sapping upside potential from the S&P 500 which looks more vulnerable. Asia Pacific stocks may trade lower.
The Best Forex Brokers in the Netherlands 2019 • Benzinga – Benzinga
The Best Forex Brokers in the Netherlands 2019 • Benzinga BenzingaFOREX.com is one of the world's largest forex brokers. Account holders get competitive pricing, award-winning customer *service*, actionable data, and…
Squawk: Pound poised for a more negative signal into another Brexit…
Pound poised for a more negative signal into another Brexit vote The Pound remains under negative pressures in February with threats of a potential No Deal Brexit growing since the…
Gold Prices Menace Chart Support as Focus Turns to US Retail Sales
Gold prices continue to pressure chart support guiding the uptrend from November as investors eye US retail sales data. Crude oil prices’ resilience may be challenged.
A Sneak Peek at MultiMarket Money Flow for Fed Week
We strongly suspect that the Fed will raise rates at their Wednesday, December 13th meeting. What’s the picture setting up in our Quad-Market Grid before the announcement? Money continues –…
My Recent Target Experience and How The Chase for E-Commerce Market Share is Killing Retailer Margins
There is a Target (TGT) store very close to my house that my family visits frequently. We even keep a shopping list on the fridge labeled “TGT” to simplify our…
Oil Is Riding High on U.S.-China Trade Hopes—Energy Journal
Good morning. Oil is riding high on a possible extension on the deadline for a deal to settle the trade dispute between the world’s two largest economies. Meanwhile, the U.S.…
Thursday’s Biggest Winners and Losers in the S&P 500
Thursday was a mixed day for the broad U.S. markets. For the most part earnings season is nearly over, and markets seem to have drifted only a little higher after…
Retail Sales decreased 1.2{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6} in December
Note: This release is for December (not January). The Census Bureau is working to catch up following the government shutdown.On a monthly basis, retail sales decreased 1.2 percent from November…