• Where is EUR/USD heading?

    We discuss where the single currency is about to head to, and take a look if Gold to finally going down.

  • The Australian Dollar might be up for a rally

    The tightened movements of the foreign exchange market signal a temporary “calm”, as investors are already preparing for the New Year and thus are paying less attention to the current market catalysts.

  • NZDUSD reversing nicely below major resistance!

    Price is now reversing nicely below our major area of resistance from 0.7042 to 0.7084 (38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance). Our next major level of support is at 0.6823 (Fibonacci extension, horizontal swing low support) and our next major level of resistance is at 0.7214 (Fibonacci retracement, horizontal swing high resistance). […]

  • GBPUSD testing major area of support!

    Price is now testing major area of support from 1.3312 to 1.3300 (50% Fibonacci retracement, 76.4% Fibonacci retracement, Horizontal overlap support) and a possible bounce could occur at this level. Our next major level of resistance is at 1.3457 (Fibonacci retracement, horizontal swing high resistance) and our next major level of support is at 1.3210 […]

  • Is the Eurozone is ahead of the US?

    The ECB’s activity on the debt market will decrease from 60 billion Euros to 30 billion in January. The possibility of a further reduction of the bond buying program might be considered.

  • How will Dollar react to Yellen´s farewell?

    Janet Yellen will hold a farewell press conference today, which will be closely monitored by investors. There is hope it will reference the tax reform, as well as, its impact on inflation and unemployment.

  • IS Bitcoin becoming a hostage of the CBE futures?

    Today’s article will be devoted to trading regarding the Bitcoin futures. Monday showed that trading on the CBOE exchange did not attract the thousands of predicted institutional investors leaving the volumes flat.

  • Bitcoin futures open the way to “Big Short”

    The CBOE data shows that with an increase in the delivery time, the settlement price first grows to $ 18,000, and then falls to $ 16,400.While the futures price remains virtually unchanged for the February and March contracts.

  • EUR/USD is approaching one broken channel after another!

    We ponder how serious the losing streak of EUR/USD will be, where the Australian currency is about to head to, and why is Gold seemingly losing ground.

  • Key economic events and reports for the upcoming wee

    Take a look at what the financial markets might have in store for you next week!

  • What direction is the Pound heading?

    Britain has almost reached an agreement with the European Union and the he parties are almost ready to move to the final stage of the talks.

  • Will unemployment stay at record lows?

    According to economists, the US labor market will expand by 200K new jobs, after rising to 261K in October.

  • Is gold about to head up?

    Is the GBP/USD looking South again, while Gold is looking for the right direction?

  • Bulls are not happy about the tax reforms

    The House of Representatives and the Republicans have to “verify” their versions of the tax reform and the market believes that this will not cause problems. A large part of the tax reductions attributed to corporations are deferred until 2019, so investors are increasingly skeptical about the stimulating effect of the reform.

  • The US Dollar is on a stand-by

    The House of Representatives voted on Monday to begin negotiations with the Senate, which brought the Republicans one step closer to reform.