FTSE – Breaking From An Inverse Head And Shoulders Bottom
Technical Weekly: Trading within a long-term bullish channel. The recent corrective move from the highs at 7904 stalled at the 50% Fibonacci retracement level (6699). Buyers were found at this level and the market has rallied. There is no sign...
Germany is forcing a marriage that may not work
Germany seems to be obsessed with the idea of creating a national banking champion. Is it a way of standing up to the big-ticket U.S. banks? Or reaffirming Germany’s dominance as the biggest European economy? Either way, it looks like...
Sterling Confused by Brexit Chaos, Australian Dollar Lower on House Price
The financial markets are generally quiet in Asian session today, with stock indices stuck in tight range. Sterling turned mixed after knee-jerk reactions to new Brexit chaos overnight. The Pound is probably as clueless the UK government on what’s next...
Market Morning Briefing: Pound Is Stuck In The 1.34-1.34 Region
STOCKS Global indices are broadly positive and are likely to move higher in the near term. The pace of upmove could be slow though. Dow has risen above a key resistance. Shanghai is gaining strength and seems to be gearing...
Banks must re-embrace public stakeholders
The idea that German government support for a Deutsche Bank-Commerzbank merger is back-door nationalization – bringing Deutsche to heel, not just facilitating a bailout – reflects an ever-clearer reality in European banking. Unrelenting reassertion of public control over European banks...
Goldman Sachs says half of all the junior bankers it hires must be women
Goldman Sachs expanded a year-old program to hire more workers from underrepresented groups, including goals for black and Latino hires for the first time. The firm has set “aspirational goals” of having half of all new analysts and entry-level associates...
British Pound Slips as Brexit Volatility Continues
After huge gains last week, GBP/USD has started the week with sharp losses. In Monday’s North American session, the pair is trading at 1.3194, down 0.74% on the day. It’s a light data calendar, with no British events on the...
GBP/USD Outlook: Eases Further as Bets Against MV3 Approval Rise; Parliament’s Discussion about Brexit Delay
Cable holds slightly above daily low at 1.3220 in early American session trading on Monday, after the action was capped at 1.3300 in Asia and fresh acceleration lower commenced on comments about MV3, by Boris Johnson in early European session....
WTI Oil Outlook: Fresh Acceleration Higher Eyes Targets at $59.62/$60.00
WTI oil accelerated above $59 barrier on Monday and posted new 2019 high at $59.14, maintaining strong bullish sentiment and signaling continuation of larger uptrend from $42.36 (24 Dec low) after two-day pause, marked by double-Doji on Thu/Fri. Fresh boost...
Canadian Dollar Steady in Slow Data Calendar
The Canadian dollar has started the week quietly. Early in the North American session, USD/CAD is trading at 1.3321, down 0.12% on the day. On the release front, it’s a light day for fundamentals, so traders can expected an uneventful...
Signal2forex.com - Best Forex robots and signals




