0.0 00 Some points to consider in this Forex market: The Dollar continues to congest after a fail at 0.9680 support. There is a wedge formation now with unclear price action. Trade Strategy: Stand aside The …
Read More »AUD/USD – Australian Dollar Breaks the 4 Month Old Resistance
0.0 00 AUD/USD (0.7194) Some points to consider in this Forex market: Price action breaks through the 4 month old falling trend line. Suggests more gains ahead. Event risk, FOMC meeting, and risk to reward analysis, …
Read More »Britons take advantage of freedom to access to pension cash
0.0 00 Britons take advantage of freedom to access to pension cash LONDON More than 200,000 Britons have opted to access their pension cash following the introduction of rules this year which gave them greater freedom …
Read More »Fed hesitation, UK politics and central bank independence
0.0 00 Fed hesitation, UK politics and central bank independence The Federal Reserve headquarters in Washington September 16 2015. Reuters/Kevin Lamarque LONDON The era of extraordinary monetary policy and central bank dominance of macroeconomic policy may …
Read More »EUR/USD – Waiting for a New Short Euro trade
0.0 00 EUR/USD (1.1287) Some points to consider in this Forex market: Candle setup on daily chart hints at a euro down move in the works. Passing on short euro till better trade setup comes along. …
Read More »PayPal Reenters Online Gaming Payments
0.0 00 Over the last few days, several online United States gambling websites have started to use PayPal. This is the first time in over 10 years PayPal has been involved in this dubious arena. Yet …
Read More »AUD/USD – Getting Ready to Move Lower? Waiting on Confirmation
0.0 00 AUD/USD (0.7170) The Australian Dollar recovers then stalls at trend line. Waiting on pending bearish reversal and confirmation for short AUD trade. Trade Strategy: Stand aside The AUD/USD Forex market bounced higher after the …
Read More »Video: USD/JPY – Range Trade Continues
0.0 00 Some points to consider: Rallies are corrective and short in nature. Should be sold near 120.55/60. Swing trading is not a good idea from a risk to reward analysis. Trade Strategy: Stand Aside The …
Read More »Emerging market stock allocations at all-time low
0.0 00 Emerging market stock allocations at all-time low A trader monitors share prices at the Bank Mandiri Sekuritas trading floor in Jakarta August 25, 2015. Reuters/Beawiharta LONDON Investors have cut their emerging market stock allocations …
Read More »Rising jobs tide for poor workers may ease Fed rate dilemma
0.0 00 Rising jobs tide for poor workers may ease Fed rate dilemma Demolition workers dismantle a restaurant sign and facade in Rockville, Maryland September 15, 2015. Reuters/Gary Cameron WASHINGTON When the Federal Reserve considers whether …
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