Is USDJPY headed for 140? The stars seem to be lining up for a weaker USDJPY. Expectations are for more BoJ rate hikes. By contrast, expectations have shifted in favor of 3 Fed rate cuts this year,...
Will EURUSD Make a Run at 1.10? I was sitting in front of my platform on Tuesday when I heard Newsquawk’s audio squawk that a major German bank forecast the EURUSD at 1.10. EURUSD, which was already...
What Does it Mean for Trading When Two Currencies Move in Opposite Directions There was a time when bank traders were free with disclosing real money flow information. Those were the days bank traders used to post...
Trading Tip: Why You Should Drill Down on Your Charts As I have noted many times, identifying the side to trade is more than half the battle in putting on successful trades. In this regard, one...
Newsquawk Week Ahead – 20-24th January Highlights include BoJ, PBoC, PMI data, UK jobs, Inflation data from Canada, Japan and NZ MON: US Presidential Inauguration, PBoC LPR, Eurogroup Meeting; German Producer Prices (Dec) TUE: UK...
What to expect from The Crypto World – BTC So What to expect from The Crypto World – BTC ? Last two months of the previous year saw some extraordinary developments when it comes to Crypto currencies...
A short guide to technical analysis GLOSSARY OF FORMATIONS AND METHODS Introduction Technical analysis has been very widely used in the last 40 years to forecast future price changes in all kinds of markets. There have...
How to Trade the Current EURUSD Trend Unlike retail or day traders, large funds or “real money” traders do not have the luxury of being able to turn positions quickly. While I am not privy to...
Weekly FX Chart Outlook Nov 11-15 For the week ahead it is like digging out after what was not a normal trading week. So, use last week’s low/high as broad ranges (see below) that either have...
How Traders Should Prepare for the U.S. Election Anyone trading knows how hyper sensitive global markets are to news, whether it be economic, monetary policy related or geopolitical. Being in sync with what markets are expecting...
Forex Wisdom Forex Tips for every Trader Any market, be it real estate market or forex market, is all about transferring money from the masses to a few lucky ones in the long run. In most real...
The US Dollar Index is a Joke I don’t know why it is called the USD index but the name is a joke. It is only composed of 6 currencies (see below) and the EUR makes...