Category: Forex Trading
The analysis published under this category are as follows.Wednesday, June 19, 2019
Let’s Gain Even More on the Sliding Euro and British Pound / Currencies / Forex Trading
Yesterday, we’ve heard the ECB President speak and tomorrow, it’s the Fed’s turn. What about the time in between? Well, the markets still move and it’s our job to be positioned accordingly so as to profit from whatever is unfolding. And what kind of opportunities we’ve managed to catch! Good news, the ride is far from over. Let’s take a look at the way things are shaping up. We’ll then sharpen our battle plans accordingly. We even have a new candidate for opening a long position to tell you about!
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Tuesday, June 11, 2019
How Forex Indicators are Getting Even More Attention in the Market? / Currencies / Forex Trading
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Thursday, May 23, 2019
Eye Opening Currency Charts – Why Precious Metals Are Falling / Currencies / Forex Trading
The incredible strength of the US Dollar over the past 12+ months has put downward pricing pressure on Gold and Silver. I believe this downward pricing pressure could be muting any upside price advanced in Gold and Silver by as much as 20% to 30% or more.
The US Dollar has turned into the global “safe-haven” for international investors and foreign governments. Over the past 6 to 12 months, or more, the US Dollar has been the only fiat currency to see any strength and upward trend. All the other major global currency levels have fallen – some dramatically lower.
The EUR, GBP, AUD, CAD, and CHF have all fallen sharply over the past 6 to 12 months as the strength of the US Dollar and US Economy continued to surprise many. We’ve been calling this a “capital shift” that started back in 2015~2016 – when the 2016 US Election cycle began and China began to implement capital controls. At the same time, foreign nations such as Brazil and Venezuela began to shift into an economic abyss while the UK dealt with BREXIT negotiations. All of these external factors created an environment where the US Dollar became a global safe-haven for global investors – all of which were seeking US equities and US Dollars to hedge weakening foreign currencies and weak foreign stock market performance.
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Friday, May 17, 2019
The Use of Technical Analysis for Forex Traders / Currencies / Forex Trading
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Thursday, May 16, 2019
Learn to Protect your Forex Trading Capital / Currencies / Forex Trading
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Saturday, March 23, 2019
Which Currency Pairs Stand to Benefit from Prevailing Risk Aversion? / Currencies / Forex Trading
After the Fed’s surprise move, the dust is getting settled. We are seeing serious reprising across many currency pairs. Sharp movements practically anywhere you look today. Where to start? With the euro, the yen or the Canadian dollar? It’s hard to choose the winner among all the moves in our favor. Let’s shine more light into every pair covered so that you are as prepared for what lies ahead as we are. Our subscribers already are.
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Friday, March 15, 2019
Best Time to Trade Forex / Currencies / Forex Trading
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Thursday, March 07, 2019
A Plenty of Exciting Market Action in the Currencies Arena / Currencies / Forex Trading
What an interesting day it’s today. After yesterday’s brief moment of serenity, many currency pairs are on the move now. Where to look first? Is it the euro? The action looks great and builds on our assumptions surely to your delight. Or are you more happy about today’s move in the Australian dollar? It’s such a pleasant sound to hear the cashiers’ bell ringing… Wait, we have more for you. What about opening a new promising position right now? Let’s dive in for all the details.
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Tuesday, February 19, 2019
Forex Trading Management: The Importance of Being Prepared / Currencies / Forex Trading
There is this pearl of wisdom in the trading world. Plan the trade and trade the plan. We have just seen the importance thereof in the EUR/USD pair. It had positive direct implications for us and you, the subscriber. Does the above influence our outlook on the other currency pairs? Is there any corresponding action to take?
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Thursday, February 07, 2019
Euro, USD, AUD, CHF Trends, Trend Exhaustion and the Shifting Ground / Currencies / Forex Trading
There are times when keeping an eye on the markets is as exciting as watching paint dry. Then, there are times when great leaps literally happen faster than you can blink. You be the judge as to whether the former or the latter better applies to the euro and Australian dollar right now.
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Thursday, December 13, 2018
Dollar Index Trends, USDJPY Setting Up / Currencies / Forex Trading
Risks and markets events continue to aid trading. Volatility is helping our trading system make tremendous returns. FXCOT system is able to use high volatility and low volatility to its advantage. Returns are summed at the end of post.
U.S. stocks rebounded Wednesday, extending a recent stretch of volatility as signs of easing trade tensions boosted the outlook for global economic growth. Afternoon trading was again rocky for major indexes, which eased well off their intraday highs in the final 90 minutes of the session. Stocks have been hypersensitive to trade-related headlines in recent days, with the Dow swinging more than 550 points from its high to its low on both Monday and Tuesday.
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Tuesday, December 11, 2018
Brexit: What Will it Mean for Exchange Rates? / Currencies / Forex Trading
There’s a lot of confusion around exactly what’s happening with Brexit, which seems to be more and more complicated. Whatever you think is the best solution, if you’re in business you’re likely to be facing difficulties because of all the uncertainty. How can you make long-term predictions in this situation? How can you organise your overseas business, whether you’re trading with foreign partners or managing distant franchises, when you don’t know what the exchange rates are going to do? In fact, there are some predictions you can work with where that’s concerned. This isn’t the first such uncertainty the international markets have experienced, and models exist that can take it into account. This article explains what the experts think will happen and what we can learn from events so far.Read full article... Read full article...
Sunday, December 02, 2018
Elliott Wave Analysis: Suggest Supported NZDUSD / Currencies / Forex Trading
NZDUSD short-term Elliott wave analysis suggests that a decline to 0.6751 low ended primary wave ((2)) pullback. The internals of that pullback unfolded as double three structure where intermediate wave (W) ended at 0.6780 low in lesser degree zigzag structure. Up from there, a 3 wave bounce to 0.6852 high ended intermediate wave (X). Then finally a decline to 0.6751 low ended intermediate wave (Y) in lesser degree double three structure & finally completed primary wave ((2)).
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Wednesday, November 28, 2018
Dollar Trend Imposes: EURUSD to Fall to 1.11 / Currencies / Forex Trading
The Dow Jones Industrial Average rose more than 100 points after a White House official left open the possibility of a trade breakthrough between the U.S. and China later this week. Shares of companies that pay hefty dividends and tend to generate stable profits in challenging economic conditions, such as consumer staples like Walgreens Boots Alliance and health-care companies like Johnson & Johnson , rose throughout the session, helping the blue-chip index overcome a roughly 224-point pullback earlier in the day.
Stocks are off to a good start to the post Thanksgiving trading week. And they have at least three things working in their favor. One is the proximity to their late October low. The other is a short-term oversold condition. The third is seasonal support.
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Friday, November 23, 2018
Advice to make it as a professional in the forex market / Currencies / Forex Trading
The forex market is perhaps one of the most misunderstood markets out there. It’s seen only ever in its simplest form by many holidaymakers and travellers, while for newbie retail investors, it’s sometimes thought of as either too volatile or too complicated. For technical analysts, the heavy focus that many forex publications place on fundamental analysis points such as interest rate rises can seem too much.
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Friday, November 09, 2018
USD/CAD – The Moment of Truth Is Coming / Currencies / Forex Trading
Although the U.S. dollar increased recently against its Canadian counterpart, currency bulls didn’t manage to trigger an upward move above the 61.8% Fibonacci retracement for the third time in a row. Will their nearest ally be able to stop the selling pressure once again in the coming days?
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Thursday, October 11, 2018
USD and US Tr. Yields Retreat, GBP Gains on Brexit-deal Report / Currencies / Forex Trading
The dollar traded lower against its major peers on Tuesday as US Treasury yields pulled back after hitting a new high. The pound was among the main gainers, surging after a report noted that the terms of the UK’s exit from the EU could be settled next week.
USD Pulls Back as US Treasury yields Come off Their Highs
The dollar traded lower against all but one of the other G10 currencies on Tuesday. It managed to gain fractionally only against SEK. The main winners against the greenback were NZD, GBP and AUD in that order, while the currency that gained the least was JPY.
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Sunday, September 30, 2018
Forex and Crypto Market Forecasts / Currencies / Forex Trading
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Friday, September 28, 2018
XEU & XJY Forex Markets Charts Analysis / Currencies / Forex Trading
Sometimes a stock can push you just far enough to make you doubt the validity of your analysis just at the most opportune time. Such has been the case for the US dollar where all the evidence strongly suggests it’s in a bull market. I’m not going to go into a lot of detail right here, but I want to show you a couple of charts for the XEU and the XJY that still suggest they’re weak compared to the US dollar.
This first chart is a daily bar chart for the XEU which shows the possible H&S top building out. The last time we looked at this chart the price action was building out the right shoulder with the neckline symmetry line showing the height of the right shoulder. As you can see the XEU traded slightly higher than the neckline symmetry line which for a few days looked like the possible H&S top maybe failing. Note the gap above the neckline symmetry line and now the gap below the neckline symmetry line which shows an island reversal above the neckline symmetry line, see sidebar for more clarity. The year plus H&S top is still in play IMHO.
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Wednesday, September 05, 2018
Will the Indonesian Rupiah Heading Towards the 16,500 level? / Currencies / Forex Trading
As of late, Emerging Markets have been garnering much attention. Unfortunately it was for the wrong reason. Emerging Market currencies like the Turkish Lira, Argentinian Pesos and the South African Rand have been almost in free fall mode.
What is the narrative behind this?
It all started right after the Global Financial Crisis in 2008. Needless to say recent financial crisis such as the Asian Financial Crisis in 1998 and the Global Financial Crisis originated from having too much money in the economy. As in the Asian Financial Crisis there were just too much easy money going around in the economy. Banks have been lending out money to unqualified borrowers which in turn used the money to speculate in the housing and stock markets. This eventually pushes up asset prices way beyond their fundamental values. Hence, bubbles are created and the authorities are slow in tackling the problem. They only acted when the crisis is almost out of control. Sounds familiar to the causes of the Global Financial Crisis and the current Emerging Market Crisis?
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