Reversals vs Volatility

In this episode, Richard is following up on his previously posted “Trends And Reversals – Patterns And Correlations” article, in which a spike in volatility was underlined, as a possibility, along with a chance for the Market to commence a reversal sequence. The dollar bulls are showing signs of potential exhaustion, while metals and the EUR ...

2018-08-20 Richard Tataru Read more
technical analysis 20th august

Daily Forex Market Preview, 20/08/2018 The U.S. dollar was seen easing back from the strong gains made earlier in the week. By Friday's close, the U.S. dollar index was seen giving up the gains and closed near 95.99. [shortcode-variables slug="act_tradeideas"] Economic data on Friday saw the release of the final inflation figures from the...

2018-08-20 John Benjamin Read more
forex commodities gold

Gold The yellow metal fell to a fresh nineteen month low this week before posting a mild recovery later in the week as the US Dollar conceded some of its recent gains. The pullback in USD is attributed to news of talks between the US and China over their ongoing trade conflict. It has been announced that a delegation from China, led by Wang Sho...

2018-08-17 James Harte Read more
forex technical analysis 17th

Daily Forex Market Preview, 17/08/2018 Australia's wage report showed that the unemployment rate fell 5.3% in July. The decline came on a slight decrease in the participation rate. Data showed that the economy lost a net 3.9k jobs. This missed expectations of a 15k increase. In the UK, retail sales jumped 0.7% on the month in July beating es...

2018-08-17 John Benjamin Read more
technical analysis 16th august

Daily Forex Market Preview, 16/08/2018 The U.S. dollar was seen trading a bit subdued on Wednesday. However, price action was seen staying firm for the most part. Economic data over the day saw the Australia wage price index. For the second quarter, wages grew at a pace of 0.6% matching estimates. In the UK, inflation was seen rising for the...

2018-08-16 John Benjamin Read more

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...

2018-08-15 John Benjamin Read more

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...

2018-08-14 John Benjamin Read more
forex technical analysis 13th august

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...

2018-08-13 John Benjamin Read more
forex gold

Gold The yellow metal was lower once again this week, printing its fifth consecutive losing week, as the US Dollar climbed higher on global geopolitical tensions. With the Fed having reaffirmed its commitment to continuing its tightening program this year, and data continuing to print firmly, USD has been enjoying a renewed rally over recent we...

2018-08-10 James Harte Read more
technical analysis 10th august

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...

2018-08-10 John Benjamin Read more