Trading Ideas

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Thu, 11 Jun 2015 07:25:10 GMT

USD/JPY underpinned by monthly pivot

Though there were no explicitly negative events, the US Dollar was able to outperform only one currency, the Swiss Franc, and by mere 0.08%.

Thu, 11 Jun 2015 07:24:27 GMT

GBP/USD keeps rising above 200-day SMA

Although the fundamentals were weak, the Great Britain Pound was among the top performers yesterday, appreciating 1.01 and 0.94% against the Swiss Franc and the US Dollar, respectively.

Thu, 11 Jun 2015 06:47:37 GMT

XAU/USD pierces through weekly PP

All but one commodity posted a moderate bullish tendency on Wednesday, as only corn dropped considerably by 2.12%.

Thu, 11 Jun 2015 06:46:53 GMT

EUR/USD fails to violate monthly R1 from second attempt

Despite the Reserve Bank of New Zealand cutting its benchmark interest rate, this decision has not been reflected in our review of the Kiwi's performance yet, and we shall observe major changes only in the tomorrow's report due to differences in time zones.

Wed, 10 Jun 2015 06:24:10 GMT

USD/JPY tumbles for the third day

The US Dollar experienced mixed performance over the day.

Wed, 10 Jun 2015 06:13:00 GMT

XAU/USD tests weekly pivot point at 1,179

Gold moved marginally to the upside during the trading session on Tuesday, even though an increase was rather shallow, as market participants are betting on the outcome of the next week's Federal Reserve meeting.

Wed, 10 Jun 2015 06:12:07 GMT

EUR/USD is unchanged around 23.6% retracement

The common European currency weakened 0.07% against the US Dollar on Tuesday, following a data release on JOLTS jobs in the US, which showed a jump in the number of job openings in June.

Wed, 10 Jun 2015 05:50:50 GMT

GBP/USD: slump inbound

The Sterling managed to regain the bullish momentum, as it appreciated against most major peers yesterday.

Tue, 09 Jun 2015 06:41:37 GMT

XAU/USD moves moderately upwards

The US non-farm payrolls report of the previous week has positively weighed on the Buck.

Tue, 09 Jun 2015 06:41:19 GMT

EUR/USD bounced off to test long-term downtrend

The Euro seems to have benefited the most on the first working day of this week, while rallying against all major currencies.

Tue, 09 Jun 2015 05:53:41 GMT

USD/JPY attempts to recover from Monday's plunge

The American Dollar suffered substantial losses on Monday.

Tue, 09 Jun 2015 05:49:04 GMT

GBP/USD locked in between 1.52 and 1.54 despite rally

The British Pound mostly suffered losses on Monday, with exception against the US Dollar and the Loonie.

Mon, 08 Jun 2015 07:48:10 GMT

USD/JPY ensured its stay above 125

The US Dollar was one of the best-performing currencies on Friday, as it appreciated against most major peers, but with exception against the Loonie.

Mon, 08 Jun 2015 07:47:42 GMT

GBP/USD remains within the borders of 1.52 and 1.54

The Sterling experienced mixed performance on Friday.

Mon, 08 Jun 2015 06:57:54 GMT

XAU/USD violates May low, unable to close below 1,162

On Friday, the yellow metal received some bearish impetus from considerably better than estimated fundamentals from the world's largest economy and Canada, as they both released the labour market statistics, which significantly exceeded analysts' forecasts.

Mon, 08 Jun 2015 06:57:12 GMT

EUR/USD's decline halted at 100-day SMA

The only currency, which failed to grow in value against the Euro on Friday, was the New Zealand Dollar, as the single currency gained 0.06% versus the Kiwi.

Fri, 05 Jun 2015 08:25:49 GMT

USD/JPY struggles to overcome 125

The US Dollar experienced mixed performance over the day.

Fri, 05 Jun 2015 08:25:28 GMT

GBP/USD unable to break out of 1.52-1.54 cage

The Sterling was one of the best-performing currencies on Thursday, as it appreciated against most major peers.

Fri, 05 Jun 2015 06:55:17 GMT

XAU/USD closes below weekly S1

A flow of positive US fundamentals resulted in the sell-off of the save-haven asset on Thursday, as gold lost 0.70% to near one-month lows.

Fri, 05 Jun 2015 06:54:08 GMT

EUR/USD is rejected by monthly R1

Pressure on the Euro remained in place during the trading session on Thursday. The only substantial positive performance was posted by the EUR/AUD cross, which gained 0.95% amid Australian fundamentals.

Thu, 04 Jun 2015 07:44:12 GMT

USD/JPY gives another shot at settling over 125

The US Dollar experienced mixed performance over the day.

Thu, 04 Jun 2015 07:07:54 GMT

XAU/USD makes first decisive move in six days

On Wednesday, the precious metal was hit by optimistic inflation and growth comments from the ECB President Mario Draghi, as well as better than projected US ADP payrolls, which have negatively weighed on the safe-haven asset.

Thu, 04 Jun 2015 07:07:48 GMT

EUR/USD to approach long-term downtrend

The 19-nation currency has gained considerable value on Wednesday, following comments from the European Central Bank's President Mario Draghi.

Thu, 04 Jun 2015 07:07:41 GMT

GBP/USD in tight range between 1.52 and 1.54

The Sterling experienced mixed performance on Wednesday, as it sustained serious losses and gained some value against several major peers.

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