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Crude Oil Sell Signal

crude oil sell signal

Crude Oil Sell Signal Crude oil broke below a triple-bottom on Thursday July 7th and the price action today points to more downside ahead. Crude oil rallied early in US trading session and touched as high as $45.77 but has faded once again and is now trading at a session low. Investors loved risk today ...

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USD/JPY trading signal

USD/JPY trading signal Looking at the 5-minute chart, USD/JPY has slowed the momentum at the high of the day, but has remained in a channel. The topside trend line come in at 102.90 while the lower is at 102.30 currently. There has been small corrections along the way. The pair ...

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DAX trading signal

dax trading signal

DAX started the week in positive tone helped by the strong finish in US markets on Friday. The index has broken down through the support at 10000. This predicts a further decline. In case of positive reactions, there will now be resistance at points 10000. DAX is technically slightly negative ...

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Europe: The risks

Europe The risks

Europe: The risks Here are the main risks that Europe faces in the next six months. France economy Greece Deutsche Bank Austria Brexit We are cautious on EUR and on European equities. EU is entering an unchartered territory. Growth is not strong enough in the eurozone at the moment and ...

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EUR/USD trading

EURUSD trading

The pair recovered from European session lows and erased intraday losses over the last hours, before entering a consolidation phase amid low volume given the US Independence Day. It is time to take advantage of this quiet trading day. We don’t expect any major move for the rest of the ...

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GBP/USD technical analysis

gbpusd technical

GBP/USD technical analysis GBP/USD trading in positive territory all day, it made three attempts to break above 1.34 but with no success. The forex pair seems to run out of power at that level. I believe a test of the 1.3000 area remains well on the cards for Cable in ...

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EUR/USD buy signal

EUR_USD tues

Nice move from our favorite forex pair EUR/USD, after hit the daily high at 1.1349 the sellers stepped in and drove the euro back down to 1.1242, which now acts as a strong support, entering a long position for the pair at the daily lows will gives us the opportunity ...

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How to trade GBP/USD

GBP_USD

How to trade GBP/USD Enough is enough and the fundamentals can’t change! Every single time since April, a break above the blue trend-line is followed by a break back below it. GBP/USD opened higher in early forex Asian trading Monday as the first poll taken after the murder of opposition ...

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Fed rate decision, as Brexit remains in focus

fed

Federal Open Market Committee (FOMC) is widely expected to hold its benchmark Federal Funds Rate steady upon the completion of its June monetary policy meeting. The FOMC has left the target range of the Fed Funds Rate unchanged between a level of 0.25 and 0.50% at each of its first ...

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April 2016 US ADP employment report

ADP employment report

April 20106 US ADP employment report Highlights: Prior 200.1k. Revised to 194k Small bus 93k vs 86k prior Med bus 39k vs 52k prior Large bus 24k vs 39k prior Service providing jobs 166k vs 191k prior Goods producing jobs -11k vs 9k prior Construction 14k vs 17K prior Manufacturing -13k vs 3K prior Professional and business services 27k vs 28K ...

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