Saul
Forex Trading and Stock Trading similarities
When it comes to ways that you can grow your money, two popular options are forex trading and stock trading. There are pros and cons associated with each of these, so it is best to take your time and really consider which one of these paths would be right for you. Perhaps you will find that both of
Gbp/Jpy Weekly Outlook!!
#GBP/JPY#
Based on the Cot data we are seeing institution now adding position in the pound. so based on the weekly candlestick volume we clearly see sellers weakness. and daily shows we are in a range. so we could possibly see buyer coming to the market. Lower timeframe like h1 and h4
AUD/USD comes down off a 12 month high
AUD - Australian Dollar
The Aussie has been on a nice run as it touched on a 12 month high at 0.7269 earlier in the week, but has come down to open at 0.7160 this morning after sliding due to strong US PMI data. From a technical perspective, traders will watch to see if the AUD can break the 0.7200
China sets 1-year loan prime rate at 3.85% vs 3.85% a month earlier
The PBoC is unlikely to cut banks' reserve requirement ratios in the short term and will maintain liquidity mainly through reverse repos and MLFs, said the China Securities Journal in a front-page commentary.
''The PBOC would ensure sufficient money to help enterprises resume production and stabilis
S&P 500: Futures fail to track Wall Street’s losses above 3,200
S&P 500 refrains from extending the previous day’s losses while bouncing off 3,214.
Sino-American tussle intensifies, US fiscal package delayed till next.
Early-month PMIs will decorate the calendar, risk catalysts to keep the driver’s seat.
S&P 500 Futures makes rounds to 3,233/35 while st
AUD/CHF Price Analysis: 4HR bulls about to make their moves
The price of AUD/CHF is under the spotlight as from both a fundamental and technical standpoint, there are compelling developments in place.
Risk-off tones are emerging in the Chinese and US trade war saga while Australian coronavirus new cases are mounting day by day which threatens the state of pl
Robinhood to Fix Infrastructure Flaws Instead of Expanding to the UK
Photo: Robinhood
Robinhood has temporarily abandoned its plans of venturing outside the United States and Britain will not be able to sign up to get access to its stock trading service at least until the end of 2020.
“We’re saddened to share that we’ve made the difficult decision to postpone our U
Gold spot intraday: The bias remains bullish
Gold spot: The bias remains bullish
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1765.50
Our preference Long positions above 1765.50 with targets at 1776.00 & 1779.00 in extension.
Alternative scenario Below 1765.50 look for further downside with 1
USD/JPY: Bulls and bears jostle near seven-week low around 106.50
USD/JPY struggles for direction near the lowest since May 07 amid mixed clues.
Sluggish play at Tokyo, downbeat S&P 500 Futures signal traders’ cautious mood.
US-China tussle, fears of virus wave 2.0 confront Japan’s further easing of lockdown restrictions.
BOJ Summary of Opinions struck a balan
Separating the wheat and chaff
The recent price action, and in particular, the sideways trend in many segments of the capital markets, reflects the challenge investors are having in separating the wheat from the chaff. The strong co-movement of risk assets has weakened. There is a lack of near-term visibility and contradictory si
USD/CAD Price Analysis: 1.3615 is the level to beat for the bulls
USD/CAD has established resistance at 1.3616 in the past 24 hours.
A move above that level is needed to revive the rally from weekly lows.
USD/CAD is trading near 1.3594, representing marginal losses on the day, having put in a high of 1.3616 during the early Asian trading hours.
The pair has fa
USD/JPY takes a U-turn from 107.00 after Japan inflation data, BOJ minutes
USD/JPY defies the previous day’s upbeat performance following the latest declines.
Japan’s National Core CPI slipped below -0.1% forecast to reprint -0.2% in May.
BOJ minutes suggest some policymakers discuss the need for further bond buying.
Trading sentiment recovers, virus updates, geopolitical
Pull-up Update