Filtered by date: 01.08.2019. Clear
  • Fed Meeting Review: Hard time for Powell to Explain Fed Decisions

    As I wrote in the article “Preview of the Fed Meeting: Hard Data vs. Soft data Puzzle for the Fed”, strong US economic data throughout July left the contour of risks quite blurred for the Fed. They were mainly comprised of the risks in foreign trade, and to a lesser extent of the risks of inflationary expectations drifting away from the Fed’s benchmarks, becoming difficult to control (“deanchoring inflation expectations”).

  • How Has The Internet Changed Forex Trading?

    As today is World Wide Web day, celebrating all things web browsing and online activity related, we’ve decided to take a look back and answer the question of ‘how has the internet changed forex trading?’ The $5 Trillion A Day Market Foreign exchange trading has ballooned in recent years, exploding in size over the 2000s […]

  • The Crude Oil Chronicles – Episode 1

    Welcome to our first installment of the Crude Oil Chronicles – a weekly comprehensive look into global oil inventories and prices! US Crude Stores Fall Again While focus over the last few months has been on concerns regarding the demand outlook for oil, recent industry reports have started to paint a different picture. The latest […]

  • EURCHF bounced from support, potential for a further rise!

    EURCHF bounced off its support at 1.10038 where it could potentially rise further to 1.10632. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDCHF bounced from support, potential for a further rise!

    USDCHF bounced off its support at 0.99430 where it could potentially rise further to 1.00169. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY approaching support, potential for a bounce!

    USDJPY is expected to drop to 1st support at 108.938 where it could potentially react off and up to 1st resistance at 109.449. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY potential reversal!

    DXY expected to rise up to 1st resistance at 99.22. where it could potentially react off and drop down to 1st support at 98.27. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    XAUUSD reacted off resistance perfectly, dropping to our support target.

  • Ruble Targets the Level of 63.65: What’s Next?

    Today we discuss the recent status of Russian ruble as well as Australian and Canadian dollars.