Monday, January 23, 2017

FOREX TRADING BLOG

US Dollar Still Negative, Swiss Franc and Yen are Gaining Against the Buck. Will NFP Save the Buck this Week?

US Dollar Still Negative, Swiss Franc and Yen are Gaining Against the Buck. Will NFP Save the Buck this Week?

The US Dollar is still drifting lower against many major currencies of which the Japanese Yen and Swiss Franc are performing very well.

Date: Sunday, January 22, 2017
Gold Has Struck Resistance, S&P and Dax are Holding Steady

Gold Has Struck Resistance, S&P and Dax are Holding Steady

With all the volatility and uncertainty, the S&P and Dax are still supported while gold is starting to lose a bit of shine.

Date: Thursday, January 19, 2017
Pound Rises Sharply, Dollar and Nikkei Fall

Pound Rises Sharply, Dollar and Nikkei Fall

The UK may be heading for a ‘soft’ Brexit after all. Theresa May played the wild card today...

Date: Tuesday, January 17, 2017
British Pound Taking One Hit After Another

British Pound Taking One Hit After Another

Today was a pretty uneventful day, except for the British Pound which gapped lower to start out the week.

Date: Monday, January 16, 2017
Back on Our Feet for the New Year – Weekly Analysis 9 - 15 January

Back on Our Feet for the New Year – Weekly Analysis 9 - 15 January

The market returned to normality this week after three weeks of uncertainty. We also got back to normal and the 211 pip profit that we made shows that.

Date: Monday, January 16, 2017
Record Close for S&P 500 - The Bulls are Dominating this Market

Record Close for S&P 500 - The Bulls are Dominating this Market

The S&P 500 is still performing exceptionally well. We need to stay on the right side of this strong trend for now.

Date: Sunday, January 15, 2017
Gold Bull Run to Run Out of Steam Soon

Gold Bull Run to Run Out of Steam Soon

Let’s take a look at some ‘golden’ technicals and a few FX pairs. Don’t miss out on the current volatility!

Date: Thursday, January 12, 2017
Double Top Threatens USD/JPY Advance; Watch out for Mr. Trump Tomorrow

Double Top Threatens USD/JPY Advance; Watch out for Mr. Trump Tomorrow

The USD/JPY has struck an important resistance zone which could be a tough one to overcome.

Date: Tuesday, January 10, 2017
The Great British Pound is Not too Great at the Moment

The Great British Pound is Not too Great at the Moment

The GBP/USD is trading at two-month lows. A further decline in the rate seems likely.

Date: Monday, January 09, 2017
US Dollar Catches Support, Canadian Dollar Remains Relatively Strong

US Dollar Catches Support, Canadian Dollar Remains Relatively Strong

Canadian employment numbers came out pretty strong on Friday. Of the major currencies, the Canadian Dollar fared the best against the reviving US Dollar.

Date: Sunday, January 08, 2017
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