The FED had another meeting and the good news is that many of the representatives are expecting the interest rates to go up quite soon.
It is time to buy the JPY, as AUS200 faces resistance
This range is like a compressed spring – the more one holds it, the stronger it shoots. The question is where to?
Trading Gold has become increasing popular as the price has fluctuated greatly in recent weeks. It is approaching a possible drop, so be ready!
Uncertainty about European politics has boosted gold in recent sessions as well as given GBP/JPY a good platform.
We have some in-depth analysis about the EUR/USD pair movements for all of our clients, while the USD is setting itself us as the enemy in the upcoming war.
Silver is in a quite interesting situation. Broken horizontal level of 18.378 has crossed the 3rd point of the descending channel. On top of that it is a great time to trade NZD and EUR.
Today we have an overview of three major currencies USD/JPY, EUR/GBP and EUR/USD.
We should buy the Australian index AUS200 in the next few days, as well as Kiwi being ripe for sales.
The Dollar is leading again with the USD/JPY going through a bullish engulfing at the 50% Fibonacci level.
$55 a barrel crude remains “far away from the equilibrium price.” Rouble keeps “moving” above the broken descending weekly channel and prices, making the trades risky.
As for New Zealand dollar, we have a broken ascending channel, which has been already tested once by a currency pair.
There is now only one option, which is to sell Euro at the current price at 1.0605
Here are the 5 currencies to look out for in 2017!
We have an interesting thing going on with WTI: the price touched the broken level of 52.50 and pulled back from it.