What to Keep in Mind for October US Core PCE
The last big data for the US to be released this month expected at 08:30 EST (14:30 CET) has a lot of moving parts, and comes out at the same time as weekly initial jobless claims (which also gets a little extra attention as the last of the…
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Trading Accounts Explained
Depending on funding requirements, trading styles, systems, specifications and a host of other factors, forex trading accounts vary across different brokerages. From the perspective of an investor, an account reflects a user’s risk…
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Trade Idea – EURJPY 2018-11-28
This week we are looking at the FX pair EURJPY on the monthly, daily and 8h charts.
Check out our weekly Trade Idea and tap into the market trend!
Disclaimer: This material is intended for marketing/information purposes only and…
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Existing home sales posts the biggest decline in four years
Existing home sales, which means the sales of previously owned homes in the U.S. posted the most significant annual decline since October 2014. The drop comes as the housing markets are showing signs of cooling as interest rates inch higher…
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EURJPY – Ascending triangle offers an upside bias
A break of 129.10 and the measured move target is 130.60. With bespoke support located at 128.10, out preferred trade is to buy into dips
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Intraday Technical Analysis 28 November
The U.S. Dollar was seen rallying to previously established highs from just a few weeks ago. The strong rally in the USD sent most of its peers back to their lows. Economic data from the Eurozone was relatively quiet for the most part.…
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Why Should You Care About AUDCAD?
AUDCAD or AUD/CAD is shorthand for the pair composed of the Australian Dollar and the Canadian Dollar. Sometimes it's known as the Aussie-Loony, from the nickname given to the respective currencies. The value corresponds to how many…
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ECB Meeting Minutes – Officials prepare markets to end its QE program in December
The European Central Bank released its monetary policy meeting accounts last week. The minutes cover the ECB's monetary policy meeting held on October 24 - 25. The Central Bank did not announce any major policy decisions at this event.…
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Intraday Technical Analysis 27 November
The U.S. Dollar was seen trading firm, riding on the back of Trump’s comments on China. President Trump renewed his rhetoric against China as he said on Monday that he would resume the tariffs against China to 25%. The comments come ahead…
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