We are now in a bear market — here’s what that means
It’s helpful to know what a “bear market” is, because based on history it looks like we could be here for a while. The term on Wall Street is synonymous with serious, long-lasting declines in stock markets. In numeric terms,...
Look to the two remaining Fed board nominees for clues about Trump-Powell battle
While President Donald Trump has complained publicly about Federal Reserve Chair Jerome Powell, what he does with his pending nominations to fill two remaining vacancies on the board will tell whether he wants to escalate his fight with the Fed....
White House Wrangling Dominates Holdiay Season Markets
With the government in partial shutdown already, fuel has been added to the fire by the Treasury Secretary’s ring round of the banks, an unexpected move that could add to volatility later in the week. US futures point to a...
EURUSD Is Ready For Christmas
At the beginning of another December week, EURUSD is slowly rising and trading close to 1.1395. investors’ response to the US Federal Reserve decisions helped the instrument to reach 1.1485, the highest level over the previous trading week. In general....
FX Year Ahead 2019: End of Dollar Dominance?
As 2018 draws to a close, the heavily sold currencies are set to end the year off their lows, while the US dollar – one of the biggest winners of 2018 – appears on track to start 2019 on a...
DAX – Another Brutal Week as Global Equity Markets Plunge
It was a dismal week for global equity markets, and the DAX index fell 2.2 percent. The Frankfurt index is closed on Monday as we head into the Christmas holiday. It’s been a grim December for stock markets, and the...
Japanese Industrial Output and Retail Sales to Weaken in November as Yen Enjoys Revived Safe-Haven Status
Economic data out of Japan – the only major releases of the week – are anticipated to point to further trouble for the Japanese economy on Friday (local time). Like much of the rest of the world, growth in Japan...
EURUSD Catches a Bid after a Negative Week
EURUSD changed direction to the upside after touching the upper surface of the Ichimoku cloud in the four-hour chart but stronger evidence is needed to support that the recovery could hold for longer, as the RSI is still close to...
USDJPY Meets 200-day MA in Oversold Area
USDJPY closed marginally above the 200-day simple moving average (MA) last week, marking its second worst weekly performance for this year. With the RSI moving around its 30 oversold threshold and the Stochastics being ready to post a bullish cross...
CRYPTOS: Ethereum Up 86% From Its Recent Low
Ethereum has a remarkable recovery during the month of December As for Bitcoin, bulls are confident that path of the lest resistance may be skewed towards the upside as the Bitcoin price has decided to stay above the 4000. As...
Signal2forex.com - Best Forex robots and signals




