In the below image, we put a EUR/USD 30 minute chart overlaid with our standard Bollinger Bands (”BB”). We see higher lows for [...]
Short Term Trade Idea - Long EUR/USD
Source: feedproxy.google.com
- Tags:
- Forex Market Analysis
Read more...
How To Trade Forex Currency Market
Until recently, trading the currency markets was inaccessible to the average investor. Fortunately, Forex has opened currency markets to anyone with a computer, an internet connection, and the ability to learn. Currency Trading -...
USD remains weak in Asian trade
A fairly quiet Asian trading session, with the USD retaining it’s weaker feel. EUR/USD is up at 1.4090 compared to a North American close Tuesday around 1.4060. The USD is being underminned by a growing realisation that the US will not infact be hiking rates anytime soon and by decent risk...
FOREX-Dollar rebounds after sell off, euro hurt by data
By Vivianne Rodrigues NEW YORK, June 12 (Reuters) - The US dollar rose broadly on Friday, rebounding from a selloff earlier this week, while demand for the ... See all stories on this...
Beware the tape bomb
As finance ministers gather in Italy for a G7 meeting, beware the odd headline crossing the wires and wreaking havoc with the market. Reports swarm like flies at these things, shoving microphones in front of anything remotely resembling a government official. Off the cuff comments can be...
FX speculative positioning: USD shorts on the increase
Another reason to be very careful getting long EUR/USD, cable or AUD/USD at current levels. USD shorts are at their highest level in almost a year, although not yet at extremes. Overall JPY positioning has flipped from long to short and the big unwind in GBP short positions has gained pace. EUR,...