Trading Ideas

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Mon, 12 Dec 2016 08:51:41 GMT

Gold to test senior downtrend

Gold respected the upper boundary of the month-long channel seen on the hourly chart, and opened with a red candle with directional risk at the senior downtrend of 1,149.11.

Mon, 12 Dec 2016 08:39:26 GMT

EUR/USD has little to hold on to

EUR/USD opened below the November low at 1.0552 just to prove the rate unsustainable at that level and post a green candle with a reading of 1.0576 Monday morning.

Fri, 09 Dec 2016 09:34:54 GMT

USD/JPY takes another shot at 114.50

The number of Americans filing for unemployment benefits dropped from five-week highs last week, official figures revealed on Thursday.

Fri, 09 Dec 2016 09:34:39 GMT

GBP/USD remains on the back foot

British industrial production posted the biggest monthly fall in more than four years in October after the temporary shutdown of the UK's largest oilfield.

Fri, 09 Dec 2016 08:02:05 GMT

Gold opens red and non-volatile, but technicals point north

Following a break out of the channel Gold had followed for a month, XAU/USD remained both above the channel trend-line and the 1,169.10 level of significance.

Fri, 09 Dec 2016 07:34:36 GMT

Draghi speech leaves Euro red

EUR/USD opened squeezed between the weekly Pivot Point at 1.0635 and weekly S1 strengthened by the bottom Bollinger Band at 1.0581/74 after a stormy session on Thursday.

Thu, 08 Dec 2016 10:18:33 GMT

EUR/USD awaits fundamental data

UR/USD opened green on Thursday, with the aim of putting the top senior channel boundary up for tests.

Thu, 08 Dec 2016 10:10:50 GMT

Gold opens green, but long-term risk still skewed down

XAU/USD tested the resistance at 1,178.21 Thursday morning, but is yet to confirm a breakout with a close above.

Thu, 08 Dec 2016 09:30:57 GMT

USD/JPY stuck between the weekly PP and 23.60% Fibo

The number of job openings was little changed in October, official figures revealed on Wednesday.

Thu, 08 Dec 2016 09:12:58 GMT

GBP/USD attempts to regain the bullish momentum

British industrial production posted the biggest monthly fall in more than four years in October after the temporary shutdown of the UK's largest oilfield.

Wed, 07 Dec 2016 09:27:13 GMT

USD/JPY attempts to erase last week's losses

The United States' services sector activity hit its one-year high last month, official figures revealed on Monday.

Wed, 07 Dec 2016 09:11:16 GMT

Gold awaits market movers

Gold remained completely flat throughout Tuesday's trading session and opened in the red zone Wednesday morning.

Wed, 07 Dec 2016 09:11:07 GMT

GBP/USD continues to trim gains

Growth in the largest sector of the British economy accelerated at the fastest pace since January last month, although managers' view of the economy's long-term prospects deteriorated significantly, a private survey revealed on Monday.

Wed, 07 Dec 2016 08:49:30 GMT

EUR/USD returns in two-week channel

EUR/USD opened at 1.0718 Wednesday morning and failed to make any notable moves to exit the tight trading range it has been stagnating in.

Tue, 06 Dec 2016 09:50:03 GMT

Gold picks up where left off

Despite its safe haven nature, the Bullion lost value against the US Dollar amid high uncertainty in markets.

Tue, 06 Dec 2016 09:17:24 GMT

USD/JPY struggles to pierce 23.60% Fibo

The United States' services sector activity hit its one-year high last month, official figures revealed on Monday.

Tue, 06 Dec 2016 09:13:34 GMT

EUR/USD calms after stormy session

EUR/USD calmed after a story post-referendum session on Monday, posting a small red candle Tuesday morning.

Tue, 06 Dec 2016 09:13:07 GMT

GBP/USD attempts to climb higher

Growth in the largest sector of the British economy accelerated at the fastest pace since January last month, although managers' view of the economy's long-term prospects deteriorated significantly, a private survey revealed on Monday.

Mon, 05 Dec 2016 10:12:42 GMT

Gold dives Monday morning

Despite its safe haven nature, the Bullion lost value against the US Dollar amid high uncertainty in markets. XAU/USD opened 1.4% red Monday morning, respecting the monthly channel, and re-entering the short-term one.

Mon, 05 Dec 2016 09:47:50 GMT

USD/JPY takes another shot at conquering 114.00

The US unemployment rate fell to a nine-year low in November, adding to expectations that US interest rates will rise later this month.

Mon, 05 Dec 2016 09:32:27 GMT

EUR/USD shows uncertainty as volatility rises

EUR/USD showed little consistency in its movements, as uncertainty amid the Italian referendum led to increased volatility in most markets.

Mon, 05 Dec 2016 09:29:53 GMT

GBP/USD to reach a new two-month high

The US unemployment rate fell to a nine-year low in November, adding to expectations that US interest rates will rise later this month.

Fri, 02 Dec 2016 09:44:09 GMT

USD/JPY in limbo around 114.00, awaits NFP data

The number of Americans filing for first-time unemployment benefits rose last week to the highest level since the summer, but the trend remained still consistent with a healthy signs of the US job market.

Fri, 02 Dec 2016 09:22:37 GMT

GBP/USD risks erasing most of weekly gains

Confidence in the UK's manufacturing sector posted a surprise fall in November, as the weak pound exerted pressure on manufacturers buying materials from abroad.

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