0.0 00 Malta Court Freezes EXANTE Funds as It Opens an Investigation The Maltese criminal court issued an investigation and attachment orders against Exante yesterday for its alleged part in the $100 million Ukrainian hacking and …
Read More »Global Markets Rout Drives CFDs Volumes, Brokers Performance Solid
0.0 00 Global Markets Rout Drives CFDs Volumes, Brokers Performance Solid The Black Monday in China, has been followed up by flash crashes in the U.S. and an unprecedented set of daily moves in equity indices. …
Read More »S&P 500 – Is the S&P 500 Carving out a Bottom?
0.0 00 Two points to consider Inverted hammer candlestick Could mean sellers are losing momentum However, intraday pricing hints that sellers could come out again in force today The Standard and Poor’s 500 (S&P 500) has …
Read More »USD/CAD – Long US Dollar Trade Now in Play
0.0 00 USD/CAD (1.3310) Three points to consider US Dollar gains strength in this Forex market Traders are now targeting the 1.33 pivot and higher Trade Strategy: Long USD trade in play at 1.3248 The USD/CAD …
Read More »AUD/USD – Short Australian Dollar Trade Now Active
0.0 00 AUD/USD (0.7129) Three points to consider Australian Dollar drops the most in one day in three years Short Trade now in play. Target is below 0.71 Trade Strategy: Short at 0.7215 The AUD/USD Forex …
Read More »TradeKing Takes over Rival U.S Multi-Asset Broker MB Trading
0.0 00 TradeKing Takes over Rival U.S Multi-Asset Broker MB Trading Florida-based TradeKing Group announced today that it has entered into an agreement with California-based MB Trading to acquire all of the firm’s assets. The …
Read More »Brokers Update: As Volatility Settles In Brokers are Revamping Solutions
0.0 00 Brokers Update: As Volatility Settles In Brokers are Revamping Solutions As global stock markets are getting rattled by the Chinese yuan devaluation and the spillover effects to other emerging markets, brokers in the …
Read More »USD/JPY – Three Year Bullish Trend in Jeopardy
0.0 00 USD/JPY (119.552) Three points to consider: Yen gains back 5 months of losses over four days. Three year bullish trend line in trouble Trade Strategy: Stand Aside The USD/JPY Forex market has seen its …
Read More »EUR/USD – Buyers Now Looking at Resistance Above 1.18
0.0 00 EUR/USD (1.1548) Three points to consider The Euro has seen its fastest corrective bounce higher since 2009 Overall tone and outlook remains bearish euro Trade Strategy: Stand Aside The EUR/USD Forex market has now …
Read More »GBP/USD – The Sterling Breaks Out of the Consolidation and Inches Higher
0.0 00 GBP/USD (1.5766) Three points to consider: Sterling breaks through 1.57, sellers now aim for the June high Larger price action trend remains bearish Trade Strategy: Stand Aside The GBP/USD Forex market has broken out …
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