Trading Ideas

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Thu, 11 Aug 2016 05:57:55 GMT

USD/JPY trades in murky waters

The number of job openings in the United States increased more than expected during the sixth month of the year, official data showed on Wednesday.

Thu, 11 Aug 2016 05:57:44 GMT

GBP/USD struggles to remain above 1.30

The number of job openings in the United States increased more than expected during the sixth month of the year, official data showed on Wednesday.

Wed, 10 Aug 2016 07:07:58 GMT

Gold surges on Wednesday

The yellow metal began rising on Tuesday, and it is still recovering in the aftermath of the huge fall of the price on Friday.

Wed, 10 Aug 2016 06:50:27 GMT

USD/JPY risks falling back under 101.00

The US non-farm sector created more jobs than expected last month, whereas the unemployment rate remained unchanged, fresh data from the Department of Labor showed on Friday.

Wed, 10 Aug 2016 06:50:20 GMT

EUR/USD above 1.1150 on Wednesday

After finding support in the 200-day SMA and staying near that level for almost two days, the EUR/USD pair rebounded and surged on Tuesday and Wednesday.

Wed, 10 Aug 2016 06:31:07 GMT

GBP/USD finds support at 1.30

UK manufacturing and industrial production continued to contract in June amid Britain's decision to leave the European Union, official data from the Office for National Statistics (ONS) revealed on Tuesday.

Tue, 09 Aug 2016 07:22:56 GMT

Gold continues to fall on Tuesday

Gold continues to fall on Monday, as the metal has no support levels on its path down until the level of 1,324.16.

Tue, 09 Aug 2016 06:45:38 GMT

EUR/USD at the 200-day SMA on Tuesday

The Euro found support against the US Dollar in the 200-day SMA on Monday, and the pair is still almost exactly at the SMAs level at 1.1079 on Tuesday.

Tue, 09 Aug 2016 06:45:31 GMT

USD/JPY remains on the back foot

The US non-farm sector created more jobs than expected last month, whereas the unemployment rate remained unchanged, fresh data from the Department of Labor showed on Friday.

Tue, 09 Aug 2016 06:45:23 GMT

GBP/USD continues to edge lower

As markets expected, the Bank of England (BoE) introduced a range of additional monetary policy measures and upgraded its growth and inflation forecasts at its August meeting on Thursday amid Britain's decision to leave the European Union.

Mon, 08 Aug 2016 08:19:30 GMT

USD/JPY recovers from 100.70

The US non-farm sector created more jobs than expected last month, whereas the unemployment rate remained unchanged, fresh data from the Department of Labor showed on Friday.

Mon, 08 Aug 2016 07:55:34 GMT

GBP/USD heads towards 1.28

As markets expected, the Bank of England (BoE) introduced a range of additional monetary policy measures and upgraded its growth and inflation forecasts at its August meeting on Thursday amid Britain's decision to leave the European Union.

Mon, 08 Aug 2016 07:49:04 GMT

EUR/USD trading below 1.11 on Monday

The common European currency fell against the US Dollar on Friday, as the US Non-Farm Payrolls data was released.

Mon, 08 Aug 2016 07:15:56 GMT

Gold falls to 1,335 level on Friday

The yellow metal is trading lower on Monday morning, as the metal fell to 1,335 level on Friday.

Fri, 05 Aug 2016 07:48:51 GMT

USD/JPY consolidates above 100.70

The number of Americans filing for unemployment benefits increased to 269,000 in the week ended July 30, compared to the preceding week's reading of 266,000, whereas market analysts pencilled in a slight drop to 265,000 in the reported period, fresh figures from the Department of Labour showed on Wednesday.

Fri, 05 Aug 2016 07:34:51 GMT

GBP/USD plummets under 1.32

As markets expected, the Bank of England (BoE) introduced a range of additional monetary policy measures and upgraded its growth and inflation forecasts at its August meeting on Thursday amid Britain's decision to leave the European Union.

Fri, 05 Aug 2016 07:15:43 GMT

Gold struggles around 1,365 on Friday

Gold is once again bouncing at the door of the first weekly resistance. Previously the yellow metal did not broke the weekly R1 at 1,366 and backed off from it to 1,350 on Thursday.

Fri, 05 Aug 2016 06:57:07 GMT

EUR/USD rebounds against monthly pivot point

The common European currency found support in the monthly PP at 1.1107 in the evening of Thursday, and it moved higher afterwards against the US Dollar.

Thu, 04 Aug 2016 08:30:50 GMT

USD/JPY rises from 100.70

US private companies added more jobs than expected in July, the ADP report revealed on Wednesday.

Thu, 04 Aug 2016 08:04:16 GMT

GBP/USD retreats from 1.3350

Activity in Britain's services sector dropped to its lowest level since March 2009 following the country's decision to leave the European Union, fresh data from HIS/Markit revealed on Wednesday.

Thu, 04 Aug 2016 07:01:16 GMT

Gold falls to 1,350 level on Thursday

The yellow metal did not broke the weekly R1 at 1,366 and bounced off from it to 1,350 on Thursday.

Thu, 04 Aug 2016 07:01:00 GMT

EUR/USD back below 1.1150 on Thursday

The Euro has erased all of its week's gains against the US Dollar, as the currency pair fell to 1.1150, and keeps moving lower.

Wed, 03 Aug 2016 07:49:28 GMT

USD/JPY probes 2014 low

With yesterday's data on inflation and personal spending failing to justify a stronger Greenback, USD/JPY fell nearly 1.5% after plummeting more that 3% last Friday.

Wed, 03 Aug 2016 07:25:05 GMT

GBP/USD surges to 1.3350; is prepared for more

Britain's construction PMI index faced its steepest downturn in seven years in July, suggesting that output in the construction industry dropped considerably, since the economy is at risk of recession after June's Brexit vote.

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