Latest Posts
Mixed Eurozone Data Keeps EUR Pressured Ahead of ECB Meeting

Mixed Eurozone Data Keeps EUR Pressured Ahead of ECB Meeting

Composite PMI Data Declines in July The latest batch of Eurozone data provided more questions than answers ahead of the upcoming ECB meeting this week. The flash composite PMI for ...

READ MORE +
EUR/USD Bounces amid Mixed Data

EUR/USD Bounces amid Mixed Data

EUR/USD was falling at the start of today’s trading session, but has reversed its movement at 7:00 GMT, and is now trading above the opening level. Macroeconomic data was mixed ...

READ MORE +
VIX Spike & US Indices – Bears Territory

VIX Spike & US Indices – Bears Territory

The Market is reacting to fundamental events and multiple question marks seem to be appearing, as the trade war sentiment escalates. Moreover, it seems that earnings reports could ...

READ MORE +
Bitcoin exceeded $8 000

Bitcoin exceeded $8 000

Cryptomarket actively replaces altcoins in portfolios with the Bitcoin. Over the last 24 hours BTC added more than 4% and overcame an important psychological level of $8,000, ...

READ MORE +
Upside risk in USDJPY despite BoJ policy tightening rumors

Upside risk in USDJPY despite BoJ policy tightening rumors

ShCOMP became the locomotive of growth in the Asian markets on Tuesday due to the weak yuan, which was beneficial for exporters, while there are plans to increase government ...

READ MORE +
Stocks are growing while Bonds under pressure

Stocks are growing while Bonds under pressure

The situation in the world markets looks controversial. Shares are growing after strong reporting of companies. The shares of Alphabet (#Google) jumped by 3.6% after the market ...

READ MORE +
EURUSD – Bearish pressure continues to build

EURUSD – Bearish pressure continues to build

Technical Monthly: Trading within a bearish channel formation. Trend line resistance is seen at 1.2546. Levels close to the 38.2% pullback level of 1.2522 (from 1.6038-1.0349) ...

READ MORE +
Intraday Analysis 24th July 2018

Intraday Analysis 24th July 2018

Daily Forex Market Preview, 24/07/2018 The U.S. dollar was seen managing to stabilize on Monday. Economic data was sparse. In the NY trading session, the existing home sales ...

READ MORE +
BoE rate hike in August expectations turn mixed after jobs and inflation report

BoE rate hike in August expectations turn mixed after jobs and inflation report

The UK currency market was busy last week amid the jobs and the inflation report scheduled over the week. Ahead of the week, investors were expecting to see a healthy pace of ...

READ MORE +
EURJPY Approaching Support, Potential Bounce!

EURJPY Approaching Support, Potential Bounce!

EURJPY is approaching its support at 129.66 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where a bounce is expected, causing price to rise ...

READ MORE +