USDJPY managed to jump above resistance 111.10 for the Intraday trading Levels which may provide more advance toward 112.00-15 zone as long as support 110.70 stand as we see over the chart A tight trading zone may hold market between 110.10 and 112.15 Below 110.10 the chance for more drop toward 108.10-30 will back again ...
Daily Forex Market Preview, 15/08/2018 The U.S. dollar maintained its dominance on Tuesday. Economic data showed China's industrial production rising 6.0% on the year. The data missed estimates of a 6.3% increase. Retail sales in China also came out lower than expected at 8.8%. The data underlined the fact that the trade wars were starting to h...
Daily Forex Market Preview, 14/08/2018 The U.S. dollar index was seen trading flat on Monday with the technical pattern confirming a doji close. A bearish follow through from here on could signal a near-term correction. Economic data for the day was sparse. Still, the Turkish lira continued to plunge dragging down the euro currency rather brief...
USDJPY managed to fell below support 110.50 which may add more drop ppressure toward test 108.10-30 support as we see over the chart As long as market holding below 111.10 the chance for continues drop toward 108.10-30 is possible especially if market managed to hit any daily close below 110.00 Above 111.10 a chance for farther advance is ...
Daily Forex Market Preview, 13/08/2018 The U.S. dollar gained on Friday as the geopolitical tensions saw the Turkish lira plummeting. The euro was also not spared as initially news reports citing the ECB showed that the central bank was concerned about exposure to Turkey. The U.S. dollar index surged to new highs by Friday's close. [shortcod...
Daily Forex Market Preview - 10/08/2018 The markets were trading mixed with the U.S. Dollar managing to hold firm by market close. The markets were influenced by headline reports about China imposing a new round of tariffs of $16 billion. [shortcode-variables slug="learn-forex-basics"] Reports about the ongoing tussle between the U.S. and...
Daily Forex Market Preview - 09/08/2018 The U.S. Dollar was on the back foot on Wednesday. China is set to hit the U.S with fresh trade tariffs of the amount of $60 billion. The market reaction was however largely muted. [shortcode-variables slug="learn-forex-basics"] The British Pound was hit by a bout of negative sentiment. The currency...
Daily Forex Market Preview - 08/08/2018 The U.S. Dollar was trading mixed on Tuesday as the Euro posted a strong rebound. Economic data was sparse. Canada’s Ivey PMI report showed that the index increased to 61.8, missing estimates of 64.2 and down from the previous 63.1. [shortcode-variables slug="learn-forex-basics"] New Zealand’s infla...
Daily Forex Market Preview - 07/08/2018 The market opened to a quiet trading day on Monday. The U.S. Dollar was trading stronger, while the U.S. Dollar Index posted intraday gains to fresh highs. The gains came despite the market's opening, with the headline about China threatening to impose fresh trade tariffs against the U.S. [shortcode-va...
EURUSD Non-Commercials increased their net long positions in the Euro last week, buying a further 8k contracts to take the total position to 30k contracts. This latest buying spree of the EUR reflects the market’s relief in response to the announcement by President Trump and EC President Juncker, that the two sides will work together to res...
Trading CFDs Involves high risk of loss
Get detailed forex market news and exclusive updates
Four Forex Lessons From Jumanji
2018-08-06
James Harte
Famous Traders and Their Strategies: Episode 3 - Bill Lipschutz
2018-08-06
James Harte
Top Trading Tips From Market Legend Ed Seykota
2018-08-06
James Harte
