Forex
Forex Free Trading Tips
Monthly archive June, 2017
EUR: Fine-Tuning The Risk-Reward Of The June ECB Meeting – Barclays
Barclays Capital FX Strategy Research argues that ECB risks are skewed towards a dovish statement on Thursday, but a more hawkish statement (in line with Barclays' economists’ view) would be disruptive.
"A change in ECB forward guidance or risk Read More →
AUDNZD – Aussie Dollar Eyes Break above 1.0500 Vs Kiwi Dollar
Key Points
- The Aussie Dollar gained traction recently and moved above the 1.0440 resistance against the New Zealand Dollar.
- The AUDNZD pair broke a monster bearish trend line at 1.0450 on the hourly chart to open the doors for more Read More →
EUR: Will Data Have An Impact On Price Action This Week? – Barclays
Barclays Capital FX Strategy Research argues that European data this week are unlikely to materially impact the EUR, with the ECB meeting on Thursday set to dominate EUR price action.
"We expect German factory orders to increase slightly Read More →
USDJPY – Can US Dollar Recover Above 110.00 Vs Japanese Yen?
Key Points
- The US Dollar is under heavy selling pressure and trading below 110.00 against the Japanese Yen.
- There it a monster bearish trend line forming with resistance at 109.60 on the hourly chart of USDJPY.
- Today in Japan, the Read More →