The Strong USD Rolls On

The Strong USD Rolls On
By No Comments

Forex Market News Captain America is back!!! With a lack of anything new overnight or yesterday, the USD has continued its momentum higher.  We had an attempt at some USD pullback on Monday into the European trading session, however it didn’t take long for the market to pull the trigger and start buying USD. USDJPY […]

Strong Payrolls, Strong USD

Strong Payrolls, Strong USD
By No Comments

Forex Market News US Feb Non-Farm Payrolls Change +295K v +235Ke US Feb Unemployment Rate 5.5% v 5.6%e That explains it all!   Strong US data sent the USD higher across the board. The market certainly got what it was looking for, although the wages growth component was slightly disappointing. UST yields rallied, oil traded heavily […]

Global Equities Spoil the USD Rally, For Now

Global Equities Spoil the USD Rally, For Now
By No Comments

Forex Market News Not a great deal to report after yesterday’s disappointment from the RBA ! Although the spike higher in the AUD in the preceding minute before the official release at 2.30pm has sparked some growing concern. The USD looked good at the start of the week but has once again stalled at the […]

RBA Action Day

RBA Action Day
By No Comments

Forex Market News As usual we had a relatively quiet start to the week after some late action last week following an improved US core CPI, which put the USD back on the front foot. EUR led the way breaking through strong recent support at 1.1260 opening the door for another test of January’s low […]

Choosing an Effective Indicator

Choosing an Effective Indicator
By No Comments

Forex Market News RSI – Relative Strength Index Stochastics MACD – Moving Average Convergence Divergence What to use, when and why? Not sure which technical indicator to use and when to use it? I get asked this all the time. Which one is the best or most effective? RSI, Stochastics, MACD? As a general rule, […]

Are you surviving or thriving?

Are you surviving or thriving?
By No Comments

Forex Psychology with Saira Khalid Use Imagination to create your desired result in your trading accounts! In this month’s article I want to cover something I have been reading recently so much about and this particular book I have visited again and again in my life since 2001. I just happened to read it again […]

The Swiss Franc: Where to From Here?

The Swiss Franc: Where to From Here?
By No Comments

Forex Market News As the dust settles from the surprise move from the SNB and volatility returns to the artificially capped currency, so do the trading opportunities. Instead of complaining or standing back in shock, now is the time to jump in and get busy doing your technical analysis and identify the setups. Generally when […]

ECB

ECB
By No Comments

Forex Market News From the editors at Bloomberg, comes this piece. A good read so I encourage you to do so. Audacity doesn’t come easily to the European Central Bank. Its president, Mario Draghi, finally announced a long-awaited program of quantitative easing today. The numbers were bigger than expected, which is good, but the details […]

Central banks at it again!

Central banks at it again!
By No Comments

Forex Market News Another Central Bank surprise overnight. They are getting good at making market professionals like I look like fools. Not one person predicted the BOC to drop rates by a quarter basis point to 0.75%. The Loonie jumped 200 pips on the news and has added another 100 since. 2015 is starting to […]

The Draghi Protocol

The Draghi Protocol
By No Comments

Forex Market News In what was a pretty quiet trading session thanks to the USA market holiday for MLK Jr oil still makes the headlines. This time it was Iraqi stockpiles that slapped the bulls back down, with price currently down another 2.4% at 47.52 (WTI). However, it is Draghi and the ECB that is […]