USD/JPY Could Decline In Short Run
On Monday, the USD/JPY currency pair reversed south from the Fibo 23.60% at 105.03. During today’s morning, the pair declined below 104.40. It is likely that the exchange rate could decline in the nearest future as it is pressured by...
EUR/USD Is Still Up Ahead Of U.S. Retail Sales
Later today on the economic front, the U.S. Commerce Department will report October retail sales, expected at +0.5% on month, and September business inventories (+0.6% on month expected). The Federal Reserve will release October industrial production, expected at +1.0% on...
No Range Breakout in Dollar Yet Despite Vaccine Optimism
Vaccine optimism pushed DOW to new record high overnight and positive sentiment continues in Asian session. Dollar, Yen and Swiss Franc are the weaker ones, while commodity currencies are strongest. Though, major pairs and crosses are generally bounded inside last...
RBA Minutes Affirm that Future Monetary Policy will Rely on QE
The RBA minutes for the November contained little news. After cutting the policy to a new low of 0.1%, policymakers suggested the policy tool in the future will mainly be asset purchases. While the members remained reluctant to lower interest...
U.S. companies with China operations look to the Asian giant for growth
Aerial view of Alibaba Shanghai R&D Center, ZJ Science City, IBM and Microsoft at AIsland on August 6, 2020 in Shanghai, China. Shen Chunchen | Visual China Group | Getty Images BEIJING — For some American businesses, having an office...
US Retail Sales in Sight as Fed Prepares for Action
America’s latest retail sales data will hit the markets at 13:30 GMT Tuesday, and investors will look for clues on whether the Fed will pull the easing trigger again in December. With US infections spiraling out of control lately, Congress...
GBPUSD: Bulls Expected to Remain Intact above Daily Cloud, but Initial Negative Signals Developing on Weekly Chart Require Caution
Attempts to extend last Friday’s 0.65 advance stalled on Monday, as jump to the session high (1.3241) was so far short-lived and the action returned below 1.3200 handle. Larger uptrend from 1.2675 (23 Sep low) remains in play, with pullback...
Long-Term Trading Strategies with IGCS
Using Sentiment, IGCS in a Long-Term Trading Strategy Market conditions can last for extended periods of time, especially when analysed in the context of how well/poorly the underlying economy is performing. An expanding or contracting economy can guide or inform...
Trading Breakouts with IG Client Sentiment
Hunting for Breakouts with Sentiment The IG Client Sentiment (IGCS) tool helps traders identify potential breakouts in order to enter a developing trend near the start of the move. Breakouts can result in a large, extended move or simply fail...
Stocks Cheer Moderna’s Vaccine News, Dollar Mixed
Global investor sentiments are boosted by more good news on coronavirus vaccines. Moderna said it’s vaccine was 94.5% effective in preventing COVID-19, based on interim data from a late stage trial. Major European indices are trading up while DOW future...
Signal2forex.com - Best Forex robots and signals




