EUR/USD Outlook: The Euro Could Collapse after Break of Key Supports at 1.1000/40
The Euro fell below 1.10 on Friday, dragged by fresh fall in stock markets on increased risk aversion, as fears over the war in Ukraine rise after the Russian forces seized the biggest nuclear plant in the Europe and growing...
Oil Price Moved into a Positive Zone above $105 Resistance
Crude oil price started a fresh increase above the $100.00 resistance against the US Dollar. The price even accelerated higher above the $105 resistance to move into a positive zone. It traded as high as $114.52 before correcting lower. The...
Euro Still in Decline, No End in Sight Yet
Markets sentiment took another dive on reports of Russia’s attack on a nuclear complex in Ukraine. Euro is extending recent decline, together will steep selloff in Asian stocks. Meanwhile, Australian Dollar is solidifying upside momentum, taking New Zealand Dollar higher...
February jobs report expected to show strong labor market continuing with solid wage gains
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The economy was likely to have added jobs at a healthy pace in February...
No Recovery in Euro Yet as Sentiment Stabilize, Swiss Franc Firm
Overall, market sentiment is rather stable today, with major European indexes just slightly lower, while US futures point to recovery. Benchmark treasury yields are also ticking slightly higher. WTI crude oil is retreating slightly after breaking 115 handle. Gold is...
USD/JPY Eyes Higher as US Yields Find Support: Elliott Wave Analysis
Stocks are holding support after Fed’s Powell’s encouraging statements on monetary policy tightening, but crude oil keeps moving higher based on the situation in Ukraine. With recent jump on stocks we also see JPY crosses moving higher, in line with...
Euro Selloff Continues, Oil Extends Powerful Rally
Euro is staying under selling pressure as Russia is continuing its invasion while Ukrainians are holding on defending their country. But selloff in Sterling has eased a little bit. Australia Dollar is extending recent rally as the best performer for...
The 10 stock and bond funds with the biggest Russia exposure
Nitat Termmee | Moment | Getty Images Americans who invest in mutual funds and exchange-traded funds have largely been insulated from financial exposure to Russia amid its conflict with Ukraine. The reasons are twofold: First, fund managers who buy Russian...
Trading Rules and Wisdom
The video above outlines a few rules and tenets that can be helpful to traders staying on the right path on a consistent basis. Some of them might seem a little cliché, but clichés come about for a reason, because...
Building Confidence in Trading
It should go without saying, but confidence is essential to trading or anything we set out to do, for that matter. There are certain ways to approach building confidence, maintaining it, and making sure you stay on track. Having a...