ETH/USD has done very little during the trading session on Monday, as we continue to see the market look as if it is threatened. Recently, we had seen a lot of upward momentum due to the...
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WTI Crude Oil Forecast: Bounces After Initial Plunge
The West Texas Intermediate Crude Oil market has fallen rather hard during the trading session on Monday but then turned around to show signs of life. The market ended up forming a bit of a hammer,...
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USD/TRY Forex Signal: Lira Declining after Bank Decision
Best selling entry points Entering a short position with a pending order from levels of 18.33 Set a stop-loss point to close the lowest support levels at 18.55. Move the stop loss to the...
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USD/TRY Forex Signal: Lira Declining after Bank Decision
Best selling entry points Entering a short position with a pending order from levels of 18.33 Set a stop-loss point to close the lowest support levels at 18.55. Move the stop loss to the...
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Weekly Forecast of Major Pairs August 22
EUR/USD The Euro has been pummeled during the week, as it looks like we are going to put a serious threat on the parity level. If we break down below the parity level, then...
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Trading Support and Resistance – USD/JPY, EUR/JPY
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching. The first part of my forecast is based upon my research of the past 20 years of...
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Wall Street ends lower, bond yields weighed
THE NEW YORK STOCK STOCK ENDED LOWER ON FRIDAY NEW YORK (Reuters) – The New York Stock Exchange ended lower on Friday, dragged down by falling U.S. large-cap stocks and rising U.S. bond yields,...
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Wall Street ends the week at half mast in the face of interest rate pressure
The New York Stock Exchange ended the week at half mast, faced with the tension of bond rates, the rise of the dollar and that of oil prices. According to final results, the Dow...
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DAX Forecast: DAX Continues to Look a Bit Soft
The DAX index gained a little over 15 basis points during the trading session on Thursday, but gave back quite a bit of the gain to form an inverted hammer.This suggests that perhaps we have a...
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UK July retail sales +0.3% vs -0.2% m/m expected
Prior -0.1% Retail sales -3.4% vs -3.3% y/y expected Prior -5.8% Retail sales ex fuel +0.4% vs -0.2% m/m expected Prior +0.4% Retail sales ex fuel -3.0% vs -3.1% y/y expected Prior -5.9% A...
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