Oil Levels And Fundamentals In Play Today, And Watch The Canadian...

As always, Wednesday is an interesting day for oil traders and speculators with the weekly oil inventories release due later, and one which is forecasting a draw once again...

The Pitfalls Of Bitcoin

The US markets bounced back today to recoup yesterday’s losses. However, we are far from out of the woods as trade tensions continue to weigh on investor sentiment. Talks...

In FX Risk Sentiment Sours – USDJPY Eyes 108.00

Market Drivers June 12, 2019 HK protests turn to riots US CPI on deck Nikkei -0.35% Dax 0.92% UST 10Y 2.13% Oil $52/bbl Gold $1336/oz Europe and Asia: No data North America: USD CPI 8:30 It's been a generally quiet...

Will USDJPY Hit 114 Before 110?

USD/JPY broke 112 today, hitting a 1 month high in the process while euro also rose to its best level against the US dollar since March 26. The only times...

Aussie long for a thrust to 0.7600?

AUD/USD Daily: I have re-labeled the Aussie pattern, fitting in an expanding flat correction ---- to better fit the price action, showing the completion of the (B) wave up toward...

This Week In Forex, Crypto, And Stocks – May 28, 2019

 Let’s start with the Forex Market. Last week was yet another disappointing week for the Pound. This was largely due to continued Brexit conflicts and uncertainties surrounding European elections....

Economic Data Calls for 10/16/18

Here’s what we are looking for in tomorrow’s economic reports (Oct 16, 2018) — Good Luck Trading! 1. NZ CPI (17:45 NY Time) Bearish NZD -- Potential for downside surprise...

Which Horse To Ride: Plausible Competing US Dollar Views….

We have two seemingly equally plausible views for the direction of the US dollar; i.e. key juncture time we suspect. Comdols appear relatively cheap, but no doubt would suffer on...

3 Reasons Forex is a Great Market for Novice Traders

As the largest market on earth, today’s foreign exchange market offers a wealth of potential opportunity. The sheer size of this market should not deter new traders, however, as the...

FX – Q2 Kicks Off With These 3 Key Releases

Now that U.S. and European investors are back from their Easter holidays, we get a true sense of how they feel heading into the second quarter. The sharp sell-off...

How I Gained a Year’s Worth of Wisdom Trading the 1...

Like time lapse photography of the building of the Eiffel Tower, the one minute chart is a thing of wonder. It allows you compress year’s worth of trading into...

Economic Data Calls for 11.29.2018

Here’s what we are looking for in tomorrow’s economic reports (Nov 29, 2018) — Good Luck Trading! 1. GE Unemployment (03:55 NY Time) Bearish EUR -- Potential for downside surprise...