Forex Trading Opportunities in October

Forex Trading Opportunities in October
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September has been marked by several interesting events taking place in both the forex and stock market globally. In the US, the broad stock index S&P 500 broke through its all-time high in late August, and has continued up since, remaining above the psychologically important 2,900 level. In our previous market overview, we noted that […]

October Trading Insights from David Long

October Trading Insights from David Long
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Trade war rhetoric weakened throughout the month, despite the tariffs coming into effect and China refusing to sit down and talk with the US anymore. The markets most sensitive to a trade war (commodities and commodity currencies plus emerging markets) all gained against the greenback this month. Just this week however, we had the FOMC […]

September Trading Insights from David Long

September Trading Insights from David Long
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Yet another testing month is behind us. With the US dollar still stuck in the range between 95.20 and 93.40. Commodities fell early on in the month thanks to trade war escalating, but as the war disappeared from headlines the commodity market found a floor. Gold has been sideways for last week or so and […]

Forex Trading Opportunities in September

Forex Trading Opportunities in September
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While the past month has largely seen continuation of trends across both currencies and metals markets, September is currently setting up to become a possible turning point for several trading assets, including the S&P 500 in the US, gold, and the US dollar. Breakout in the S&P 500 Over the course of August, we have […]

Forex Trading Opportunities in August

Forex Trading Opportunities in August
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While July was certainly an eventful month in the forex market, August is currently setting up to become even more exciting. Among the things we have seen unfold over the past month is an intensified trade war initiated by president Trump, a sharply weakening Chinese yuan, a possible bottom in bitcoin prices, and a US […]

August Trading Insights from David Long

August Trading Insights from David Long
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Yet another testing month is behind us. With the US dollar still stuck in the range between 95.20 and 93.40. Commodities fell early on in the month thanks to trade war escalating, but as the war disappeared from headlines the commodity market found a floor. Gold has been sideways for last week or so and […]

Choosing The Right Chart Type in Forex Trading

Choosing The Right Chart Type in Forex Trading
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One thing that most forex traders have in common, and that sometimes separates us from stock traders, is how much we love to study charts. A price chart of a currency pair can reveal so much information about a market and even help us better understand the sentiment of the participants in the market, and […]

Sterling: Can crunch Brexit meeting knock the pound off course?

Sterling: Can crunch Brexit meeting knock the pound off course?
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The pound is the currency to watch for the rest of this week as the UK government meets on Friday to decide on its final economic plan for Brexit. This includes tinderbox topics such as the UK’s single market access and Customs Union membership after Brexit in March 2019. Already a sizeable group of Brexiteer […]

Forex Trading Opportunities in July

Forex Trading Opportunities in July
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Following up on the market update from last month, volatility keeps its firm grip on the stock market in particular, and we can say without a doubt that the nice and trending market from the beginning of the year is gone. The US stock market is still characterized by choppy and range-bound trading activity, which […]

July Trading Insights from David Long

July Trading Insights from David Long
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What a messy month June has proven to be. It started with European political strife around the Italian elections which quickly faded from headlines. Trump is always good for a headline or tweet and he did not disappoint this month, escalating trade wars with China and Europe. OPEC also got involved this month and raised […]