Read the Daily Market Report from Dave Evans, Professional Trader Kiwi leads cautious rebound Morning Report: 08.15 London • Markets have a bullish edge this morning, as traders look to unwind some of the reaction (over reaction) to yesterday’s ECB press conference. This morning’s reaction will […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie leads as markets wait for ECB Morning Report: 08.15 London • This morning, financial markets are rewinding some of the moves made yesterday in reaction to the Fed decision to not implement more quantitative easing. […]
Read the Daily Market Report from Dave Evans, Professional Trader US dollar slips back further Morning Report: 08.15 London • This morning there are some signs of an optimistic bias in the early opening salvos, particularly as the the US dollar index drops further from the […]
Chris Vermeulen talks about where precious metals are trading and what points a real breakout will be confirmed. Get these videos every day here: http://www.TradersVideoPlaybook.com Related Posts:Weekly forecast based on simplified wave analysis of… April 8, 2024 EUR/USDAnalysis:On the chart of the European currency, the direction of…Forex forecast 04/08/2024: EUR/USD, GBP/USD, USD/JPY, Gold… April 8, […]
Chris Vermeulen talks about where precious metals are trading and what points a real breakout will be confirmed. Get these videos every day here: http://www.TradersVideoPlaybook.com Related Posts:Weekly forecast based on simplified wave analysis of… April 8, 2024 EUR/USDAnalysis:On the chart of the European currency, the direction of…Forex forecast 04/08/2024: EUR/USD, GBP/USD, USD/JPY, Gold… April 8, […]
FOREX Daily Outlook by Easy-Forex.com Euro skepticism resurfaces The euro (EUR) recorded losses against most of its major counterparts as it was revealed that positive comments by the European Central Bank (ECB) President Draghi over the past week were not the result of any resolution or plan. Therefore, Thursday’s policy statement by the ECB and […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets wait on central bank action Morning Report: 08.30 London • This morning financial markets are fairly quiet as markets await the bold action promised by the ECB and potentially other central banks. The ECB are […]
If you want to start Forex trading or currency trading, one of the first steps that you have to take is choosing a Forex broker. The majority of beginners in Forex usually do trials and errors until they can find the best broker that suits their needs. In order to save time and minimize trials […]
Financial markets always have and always will pose two basic questions that investors seek to answer: What’s the direction of the main trend? How far will it go? Systematic approaches to these questions commonly belong to either fundamental or technical analysis. Let’s consider each one briefly. Fundamental analysis studies how a market behaves in response […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets slip back as traders wait for action Morning Report: 08.15 London • This morning, financial markets are giving back some of the gains from the previous week, despite a lack of significant bad news over […]
FOREX Daily Outlook by Easy-Forex.com Euro Break 1.2300 on Rising Hopes of ECB Action U.S. Dollar Trading (USD) although there are still plenty of doubts remaining about the new Eurozone measures yet to be announced optimism won out in the end on Friday and we saw fresh week highs on the EUR/USD into the weekend. […]
FOREX Daily Outlook by Easy-Forex.com “Euro is irreversible” The euro (EUR) recorded gains against most of its major counterparts as comments by the European Central Bank (ECB) President Draghi boosted the single currency. He was particularly firm, saying that the single currency is irreversible and that the ECB will do whatever it takes to preserve […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets follow through on ECB inspired rally Morning Report: 08.15 London • We’re seeing some follow through buying today following ECB president Draghi’s speech yesterday. Although not specifically stated, Draghi dropped enough coded hints about direction […]
David Banister- www.markettrendforecast.com July 26 2012 Just under two weeks ago I updated my subscribers with a chart pattern on the GLD ETF, and in that update we discussed what to look for to find clues in this GOLD consolidation that has continued from last August-September highs. My theory all along has been that we […]
David Banister- www.markettrendforecast.com July 26 2012 Just under two weeks ago I updated my subscribers with a chart pattern on the GLD ETF, and in that update we discussed what to look for to find clues in this GOLD consolidation that has continued from last August-September highs. My theory all along has been that we […]
Read the Daily Market Report from Dave Evans, Professional Trader Australian dollar recovers strongly Morning Report: 08.15 London • Financial markets rallied well into the close last night, with some follow through buying in certain currencies this morning. The Australian dollar continues to out perform thanks […]
FOREX Daily Outlook by Easy-Forex.com ESM Banking License Talk Sparks EUR/USD Rebound U.S. Dollar Trading (USD) stocks around the world enjoyed a solid relief rally overnight and EUR/USD sellers booked profit on short trades leading to USD weakness across the board. Weak June Home Sales at 350k vs. 369k previously added to mounting speculation the […]
Read the Daily Market Report from Dave Evans, Professional Trader Australian dollar recovers strongly Morning Report: 08.15 London • Financial markets rallied well into the close last night, with some follow through buying in certain currencies this morning. The Australian dollar continues to out perform thanks […]
Today has been quite a trading session with risk assets rocketing higher after Mario Draghi of the European Central Bank reiterated what has already been stated. The S&P 500 Index (SPX) is posting some nice gains, but price has not taken out the recent ascending trendline illustrated in the daily chart of SPX shown below. Until that […]
Today has been quite a trading session with risk assets rocketing higher after Mario Draghi of the European Central Bank reiterated what has already been stated. The S&P 500 Index (SPX) is posting some nice gains, but price has not taken out the recent ascending trendline illustrated in the daily chart of SPX shown below. Until that […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets waiting for cues.Morning Report: 08.15 London • After heavy selling yesterday, financial markets are flat this morning despite Australian inflation data coming in below estimates overnight. • The mai n mover so far is the […]
FOREX Daily Outlook by Easy-Forex.com Greece Troika Inspection Begins Tuesday U.S. Dollar Trading (USD) the market was shaken yesterday by the collapsing confidence in Spain’s ability to fund its own debt. Spanish and Italian authorities announced a short selling ban on banks to try and stem the rout but this had limited effect and it […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets attempt rally, but euro still lags.Morning Report: 08.00 London • After heavy selling yesterday, financial markets are looking more stable despite negative outlook revisions for Germany’s credit rating last night. Improving Chinese manufacturing PMI has […]
About once a week, the editor of EWI’s forex-focused Currency Specialty Service Jim Martens records a video for his subscribers. On Thursday, July 5, with EUR/USD trading in the mid-$1.2400 range, Jim posted the video you see below. Watch as he explains how Elliott wave analysis helped him realize that EUR/USD was on its way […]
Picture this. It’s late May. You’re in Australia. You have an interest in the currency markets: Maybe you speculate in forex; maybe your business depends on the exchange rates. Every morning, you scan the headlines. This is what you see regarding the Australian dollar during the last week of May: “Aussie dollar sinks to eight-month […]
FOREX Daily Outlook by Easy-Forex.com Spanish Debt Crisis Spiraling out of Control U.S. Dollar Trading (USD) Yields on Spanish 10 year debt leapt above 7.3% on Friday in what is being dubbed ‘Black Friday’ in the Spanish Debt Crisis. Risk aversion spread like wildfire throughout the markets with 10yr US debt falling to its […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets plunge on Spain bailout fearsMorning Report: 08.00 London • Markets have started the new week in the worst possible fashion with a broad based sell off building momentum. Last week ended with fears over global […]
Trading stock around the times of earnings releases is a notoriously difficult operation because it requires accurate prediction of the direction of price movement. Wrong predictions can expose the trader to substantial loss if large unexpected moves occur against his position. Because of the risk associated with these events, many traders use options to define […]
Trading stock around the times of earnings releases is a notoriously difficult operation because it requires accurate prediction of the direction of price movement. Wrong predictions can expose the trader to substantial loss if large unexpected moves occur against his position. Because of the risk associated with these events, many traders use options to define […]
FOREX Daily Outlook by Easy-Forex.com ‘Risk On’ Trading — US Dollar Sold U.S. Dollar Trading (USD) the EUR/USD tested resistance above 1.2300 but once again failed to track US stocks higher. The USD lost further ground against other risk currencies with the AUD/USD leading the market higher. Oil in particular is soaring up another $3 […]
