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# Forex Robot Store | Buy MT4/MT5 EAs & Trading Bots

Buy professional MT4/MT5 Forex EAs with proven track records. Automated trading software for consistent profits. 24/7 support included.

## Posts

- [Bullish Engulfing Candle Pattern: Complete Forex Trading Guide 2026](https://signal2forex.com/2019/06/22/trading-the-bullish-engulfing-candle/) - Master bullish engulfing candle in Forex. Entry rules, stop-loss, ECB/Fed impact, MT4/MT5 setup. 68% win rate on EUR/USD. Updated 2026.
- [How Many Pips Should Be Targeted Per Day?](https://signal2forex.com/2019/07/11/how-many-pips-should-be-targeted-per-day/) - Learn realistic daily pip targets in forex. 2026 guide with pip ranges by pair, trading styles, and why fixed goals fail.
- [Death Cross in Trading: Stocks, Crypto, Forex & Indicators](https://signal2forex.com/2021/03/04/death-cross-what-is-it-and-how-to-identify-it-when-trading/) - What is a death cross in stocks, crypto & forex? Learn SMA, MACD, KDJ bearish cross chart formations, symbols & trading strategies. 2026 guide.
- [What Is a Pip in Forex Trading?](https://signal2forex.com/2019/01/18/what-is-a-pip-using-pips-in-forex-trading/) - Learn what a pip is in forex, how to calculate pip value, and avoid common trading mistakes. Expert 2026 guide
- [How to Use the COT Report in Forex Trading: 2026 Guide](https://signal2forex.com/2019/05/15/using-the-cot-report-in-forex-trading/) - Learn how to read the COT report in forex trading. Analyze institutional positioning, spot sentiment extremes, and apply proven COT strategies
- [Cross-Border Instant Payments: A Forex Trader’s Guide to Real-Time Global Settlements (2026)](https://signal2forex.com/2019/05/12/cross-border-instant-payments-could-be-one-step-closer/) - Master cross-border instant payments in Forex. Learn how Fed, ECB policies and real-time settlements impact currency pairs in 2026
- [When to Buy and Sell in Forex Trading: The 2026 Expert Guide](https://signal2forex.com/2019/02/04/how-and-when-to-buy-or-sell-in-forex-trading/) - Learn exactly when to buy and sell in forex trading. Master technical indicators, Fed/ECB impacts, and proven entry signals for 2026
- [Samarkand Bonds: Forex Trading Impact & Capital Markets Guide](https://signal2forex.com/2019/03/22/uzbekistan-looks-to-boost-local-capital-markets-after-eurobond-success/) - Learn what Samarkand bonds are, their forex trading impact, and key strategies for Uzbekistan's capital markets in 2026.
- [How to Trade the Doji Candlestick Pattern in Forex: A 2026 Professional Guide](https://signal2forex.com/2019/06/06/how-to-trade-the-doji-candlestick-pattern/) - Learn how to trade the Doji candlestick pattern in Forex. Discover entry rules, real ECB/Fed examples, and a step-by-step checklist for 2026
- [Breakout vs Pullback Trading: Forex Entry Strategy Guide 2026](https://signal2forex.com/2018/08/24/becoming-a-better-trader-maximizing-breakout-and-pullback-strategies/) - Master breakout and pullback entry strategies for Forex trading. Learn EUR/USD, GBP/USD setups with Fed/ECB examples. Step-by-step guide.
- [IG Client Sentiment (IGCS): Advanced Forex Trading Strategies 2026](https://signal2forex.com/2020/11/13/trend-trading-strategies-with-ig-client-sentiment/) - Master IG Client Sentiment for forex trading. Learn contrarian strategies, read IGCS signals for EUR/USD, GBP/USD. Real examples & checklist.
- [London Forex Session: Complete Trading Guide for Forex Traders](https://signal2forex.com/2019/03/06/trading-the-london-session-guide-for-forex-traders/) - Learn London forex session hours (3 AM–12 PM ET), best pairs, breakout strategies, and key economic releases. Updated guide for 2026.
- [Double Bollinger Band Strategy for Forex Trading — 3-Zone Guide (2026)](https://signal2forex.com/2019/09/18/double-bollinger-band-strategy-to-trade-forex/) - Double Bollinger Bands (20,2)+(20,1) split forex price into Buy, Neutral, Sell zones. Setup, breakout & trend rules, Fed/ECB examples, checklist.
- [The Ultimate Forex EMA Strategy: Optimal Settings & Real-World Trading Guide](https://signal2forex.com/2019/08/13/ema-trading-an-ema-strategy-with-forex-trends/) - Master the best Forex EMA strategy. Learn optimal EMA settings, EURUSD crossover tactics, and risk management with real central bank examples.
- [Bullish Hammer Candlestick in Forex: Definition, Confirmation & Trading Checklist](https://signal2forex.com/2019/05/14/trading-the-bullish-hammer-candle/) - Bullish hammer in Forex: quick definition, identification rules, confirmation, stop-loss checklist and real Fed/ECB pair reactions. Updated 2026.
- [Why FX Execution Algorithms & High-Frequency Trading Are Gaining Popularity in Forex](https://signal2forex.com/2019/05/09/why-trading-execution-and-high-frequency-trading-algorithms-are-gaining-popularity/) - FX execution algorithms vs high-frequency trading: clear definitions, VWAP & HFT comparison tables, Fed/ECB/BoJ case studies and trader checklists.
- [FX Execution Management System (EMS) for Forex Traders: Practical Guide 2026](https://signal2forex.com/2020/02/06/fx-execution-management-systems-room-for-improvement/) - FX EMS guide 2026: how execution management systems route forex orders, cut slippage on EUR/USD, and handle Fed/ECB volatility. TCA + checklists.
- [When Did Forex Trading Start? History of FX Market (2026)](https://signal2forex.com/2018/12/19/the-history-of-forex/) - Modern forex started in 1971-1973; online FX in 1996. Full history timeline, BIS 2025 $9.6T/day data, Fed/ECB/BoJ trading lessons 2024-2026.
- [Hawkish vs Dovish in Forex: Meaning & Trading Guide (2026)](https://signal2forex.com/2019/02/21/hawkish-vs-dovish-how-monetary-policy-affects-fx-trading/) - Hawkish vs dovish meaning in forex: definitions with IPA & audio, real Fed/ECB/BoE/BoJ decisions 2024-2026, charts & a trading checklist.
- [EMA in Forex: Exponential Moving Average — Definition, Formula & Trading Guide (2026)](https://signal2forex.com/2019/07/29/exponential-moving-average-ema-defined-and-explained/) - Exponential Moving Average definition with IPA pronunciation, formula with worked EUR/USD example, best EMA settings, 2024–2026 case studies.
- [Modern Monetary Theory Explained: 2026 Complete Guide](https://signal2forex.com/2019/10/28/modern-monetary-theory-a-primer/) - Modern Monetary Theory (MMT) explained: 2026 guide to what MMT is, how it works, pros and cons, and what it means for inflation and government spending
- [GER40 Technical Analysis 2026: DAX 40 Price Outlook](https://signal2forex.com/2021/12/03/ger-40-moves-sideways-after-retreating-from-all-time-high/) - GER40 technical analysis 2026. DAX 40 price forecast with key support and resistance levels, expert outlook for Germany's leading stock index
- [Why Fed Hates Cryptocurrencies & Stablecoins: 2026](https://signal2forex.com/2021/07/16/why-the-fed-hates-cryptocurrencies-and-especially-stablecoins/) - Why does the Fed hate crypto and stablecoins? 2026 analysis of Federal Reserve policy, Jerome Powell, stablecoin regulation, and the future of digital assets.
- [Jon Najarian Options Trading: Strategy Guide 2026](https://signal2forex.com/2019/10/26/how-jon-najarian-got-started-in-options-trading-and-where-he-sees-opportunities/) - Jon Najarian (Market Rebellion co-founder) shares his options trading journey, worst trade, and opportunities. Learn from a 40-year veteran trader
- [Trendline Forex: How to Draw & Trade Trendlines 2026](https://signal2forex.com/2019/05/02/the-trend-is-your-friend-forex-trendlines/) - Learn how to draw and trade trendlines in forex. Master trendline strategies, breakout trading, support/resistance, and false breakout identification in 2026
- [Mastercard Stock Rally – MA Analysis & Forecast 2026](https://signal2forex.com/2019/09/21/mastercards-stock-rallies-nearly-50-this-year-boosted-by-strong-consumers/) - Mastercard stock analysis 2026: 46% rally, strong consumer spending, digital payments growth. Read MA stock forecast, performance, and trading strategies.
- [ISM Services PMI: Complete Guide for Traders 2026](https://signal2forex.com/2021/04/05/ka-boom-services-ism-hits-record-high/) - Learn what the ISM Services PMI is, how it impacts forex and stock markets, and strategies to trade ISM data. Complete services ISM guide 2026.
- [Implied Volatility Guide 2026 – Complete for Forex](https://signal2forex.com/2021/01/21/implied-volatility-what-it-is-amp-why-traders-should-care/) - Learn what implied volatility is, how it works, IV vs HV, trading ranges, and using IV in forex. Complete implied volatility guide for traders 2026.
- [Forex Rollover: What It Is & How It Works for 2026](https://signal2forex.com/2019/03/01/understanding-forex-rollover/) - Learn what forex rollover is, how it works, rollover times, swap rates, triple swap, and strategies to manage overnight fees. Complete forex rollover guide 2026
- [Leverage in Forex Trading: The Complete Guide 2026](https://signal2forex.com/2019/02/08/what-is-leverage-in-forex-forex-leverage-explained/) - Learn what leverage is in forex trading, how it works, ratios, examples, risks, and strategies. Complete forex leverage trading guide for 2026.
- [Rising Wedge Pattern – How to Trade in Forex 2026](https://signal2forex.com/2019/07/03/using-the-rising-wedge-pattern-in-forex-trading/) - Learn to trade the rising wedge pattern in forex: identification, entry/exit rules, stop-loss strategies, and measured move targets. Complete guide 2026.
- [Margin Call in Forex: What It Is & How to Avoid 2026](https://signal2forex.com/2019/02/19/what-is-margin-call-in-forex-and-how-to-avoid-one/) - Learn what a margin call is in forex trading, how it works, why it happens, & proven strategies to avoid margin calls. Complete risk management guide 2026.
- [Moving Average Crossover Strategy: Complete Guide 2026](https://signal2forex.com/2021/02/26/moving-average-crossovers/) - Learn moving average crossover strategy: golden cross, death cross, entry signals, and how to avoid false signals. Complete guide for 2026 forex traders.
- [Trend Trading with Moving Averages: Complete Guide 2026](https://signal2forex.com/2021/03/11/trend-trading-with-moving-averages/) - Learn trend trading with moving averages: 200 DMA strategy, SMA vs EMA, entry signals, and risk management. Complete guide for 2026 forex traders.
- [Hawkish vs Dovish: Complete Central Bank Guide 2026](https://signal2forex.com/2021/12/10/weekly-focus-team-dovish-or-hawkish-to-prevail/) - Learn hawkish vs dovish monetary policy, central bank communication, and how to trade interest rate decisions. Complete guide for 2026 forex traders.
- [How Central Banks Impact Forex: Complete Guide 2026](https://signal2forex.com/2019/03/20/how-central-banks-impact-the-forex-market/) - Discover how central banks influence currency values. Understand Fed, ECB, BoE, and BoJ policies, interest rate decisions, and trading strategies for 2026.
- [Your First Trade: Complete Beginner's Guide 2026](https://signal2forex.com/2018/07/06/your-first-trade-for-friday-july-6/) - Your first trade made simple: step-by-step guide for beginners. Learn risk management, entry strategies, and how to avoid common mistakes in 2026.
- [Retail Sales Guide: Definition, Impact & Trading (2026)](https://signal2forex.com/2022/10/26/what-are-retail-sales-and-why-is-it-important-to-traders-a-guide/) - Learn what retail sales are, how they impact forex and stock markets, and how to trade this key economic indicator. Complete guide for 2026 traders.
- [Forex Trading Sessions: Best Times to Trade Guide 2026](https://signal2forex.com/2019/03/04/major-forex-trading-sessions-from-around-the-world/) - Learn forex trading sessions: Sydney, Tokyo, London & New York hours, overlaps, and best times to trade. Complete guide with tables for 2026.
- [European Indices Trading Guide: DAX, CAC, FTSE & STOXX 2026](https://signal2forex.com/2020/07/03/eu-indices-flat-this-morning-ta-focus-on-sanofi/) - Complete guide to trading European indices: DAX 30, CAC 40, FTSE 100, and STOXX 600. Technical analysis, trading strategies, and key statistics for 2026.
- [How to Combine Fundamental & Technical Analysis (2026)](https://signal2forex.com/2019/03/12/how-to-combine-fundamental-and-technical-analysis/) - Master combining fundamental and technical analysis. Learn how economic data, central bank policy, and technical indicators work together for better trades.
- [ESG Corporate Governance: Why It Drives Returns (2026)](https://signal2forex.com/2018/11/21/csr-asset-managers-need-to-rethink-governance/) - Discover how corporate governance impacts investment returns. ESG governance study, proxy voting trends, and asset manager stewardship strategies for 2026.
- [Peter Thiel Roth IRA: $5 Billion Retirement Account Explained](https://signal2forex.com/2021/09/17/billionaire-peter-thiel-could-be-forced-to-pull-5-billion-from-his-retirement-account-if-house-bill-passes/) - Learn about Peter Thiel's $5 billion Roth IRA, how he built it, and the House bill that would force mega IRA distributions. Updated guide with key rules.
- [Russian Bond ETFs & Funds with Russia Exposure List 2026](https://signal2forex.com/2022/03/02/the-10-stock-and-bond-funds-with-the-biggest-russia-exposure/) - Complete list of stock and bond funds with Russia exposure in 2026. See Russian ETFs, sanctions impact, frozen assets, and current investment landscape.
- [David Rosenberg: Hyperinflation Warnings Are Ridiculous](https://signal2forex.com/2021/10/26/hyperinflation-warnings-are-totally-ridiculous-economist-and-longtime-bear-david-rosenberg-says/) - Economist David Rosenberg says hyperinflation fears are overblown. He warns of asset deflation, market correction, and Fed policy shifts. Updated for 2026.
- [Bollinger Bands & MACD Strategy: Complete Forex Guide 2026](https://signal2forex.com/2019/09/06/bollinger-bands-and-macd-strategy/) - Learn the Bollinger Bands and MACD strategy: breakout and trend trading rules, entry signals, stop-loss placement, and real chart examples for 2026.
- [How to Control Greed When Trading: Psychology Guide 2026](https://signal2forex.com/2019/04/12/how-to-control-greed-when-trading/) - Learn how to control greed when trading forex. Discover proven psychology strategies, discipline techniques, and risk management tips for consistent trading success.
- [FOMC Impact on USD: Central Bank Week Trading Guide 2026](https://signal2forex.com/2021/12/16/dollars-post-fomc-rally-choked-off-by-risk-on-sentiment-ecb-boe-and-snb-next/) - Master FOMC trading with our 2026 guide. Understand USD reactions to Fed policy, ECB, BoE, and SNB decisions, and develop effective trading strategies.
- [NFP Trading Strategy: How to Trade Nonfarm Payrolls 2026](https://signal2forex.com/2019/03/22/nfp-and-forex-what-is-nfp-and-how-to-trade-it/) - Learn how to trade NFP in forex. Complete guide to nonfarm payrolls: impact on USD, trading strategies, volatility management, and tips for 2026.
- [IGCS Indicator: IG Client Sentiment Guide 2026](https://signal2forex.com/2020/11/13/popular-markets-for-the-igcs-indicator/) - Complete guide to the IGCS indicator. Learn retail trader sentiment, identify contrarian signals, and improve your trading using IG Client Sentiment.
- [PCE Inflation Index: Fed's Preferred Gauge Explained 2026](https://signal2forex.com/2021/10/01/key-inflation-gauge-watched-by-the-federal-reserve-hits-another-30-year-high/) - Discover the PCE inflation index — the Fed's preferred measure. Understand core vs headline PCE, why it matters for interest rates, and the 2026 outlook.
- [How to Trade Consistently: Complete Guide 2026](https://signal2forex.com/2019/04/10/how-to-trade-consistently-without-having-the-perfect-strategy/) - Discover how to trade consistently with proven techniques: trading plans, risk management, journaling, and psychology. Achieve consistent results without the perfect strategy.
- [Forex Candlestick Patterns: Complete Guide 2026](https://signal2forex.com/2018/12/07/forex-candlesticks-a-complete-guide-for-forex-traders/) - Master forex candlestick patterns: complete guide to bullish and bearish formations, reversal and continuation signals, and practical trading strategies for 2026.
- [Best Time to Trade Forex: Market Hours Guide 2026](https://signal2forex.com/2018/03/07/best-time-to-trade-and-where-trading-forex/) - Learn the best time to trade forex. Discover optimal trading hours, session overlaps, and the most liquid times for major currency pairs. Updated for 2026.
- [Falling Wedge Pattern: Trading Strategy Guide 2026](https://signal2forex.com/2019/08/26/trading-the-falling-wedge-pattern/) - Learn to trade the falling wedge pattern. Discover how to identify this bullish chart pattern, distinguish continuation from reversal, and manage risk effectively.
- [Harry Markopolos GE Fraud Allegations: Complete Guide 2026](https://signal2forex.com/2019/08/17/ge-stock-is-fast-recovering-but-short-seller-investigator-harry-markopolos-got-his-digs-in/) - Learn about Harry Markopolos's 2019 GE fraud allegations, the $38 billion report, GE's response, and how the company has recovered since. Updated for 2026.
- [Square Loans: How They Work & Complete Guide 2026](https://signal2forex.com/2019/03/06/square-capital-head-leveraging-data-to-extend-credit-to-small-businesses-that-lack-access-to-loans/) - Discover how Square Loans use data to provide fast, no-credit-check funding. Complete guide to eligibility, repayment terms, and costs for 2026.
- [Breakout and Pullback Trading Strategy: Complete Guide 2026](https://signal2forex.com/2018/08/02/becoming-a-better-trader-trading-breakouts-and-pullbacks-part-i/) - Master breakout and pullback trading strategies with our comprehensive 2026 guide. Learn entry techniques, confirmation methods, and risk management rules.
- [Opening Range Breakout Strategy: Complete Trading Guide 2026](https://signal2forex.com/2019/02/09/how-to-understand-and-use-opening-range-breakout-strategy/) - Master the Opening Range Breakout (ORB) strategy for forex trading. Discover entry rules, false breakout filters, risk management, and 1R targets for 2026.
- [Forex Spread Explained: What It Means & How to Trade It 2026](https://signal2forex.com/2019/02/14/what-does-a-forex-spread-tell-traders/) - Discover what forex spreads mean for your trading: bid-ask difference, cost calculation, spread types, and strategies to minimize trading costs in 2026.
- [IGCS Indicator: Short-Term Forex Signals & Trading Strategy](https://signal2forex.com/2020/11/13/short-term-forex-signals-via-the-igcs-indicator/) - Learn how to use the IGCS (IG Client Sentiment) indicator for short-term forex signals. Discover contrarian trading strategies, IGCS delta, and retail positioning analysis.
- [Peter Cavicchia III: JPMorgan Palantir Spying Scandal 2026](https://signal2forex.com/2018/04/19/jp-morgan-reportedly-had-to-oust-a-security-chief-backed-by-palantir-after-executives-found-out-he-was-spying-on-them/) - Discover the JPMorgan Palantir spying scandal: how Peter Cavicchia III monitored executives, the Metropolis tool, and what it means for corporate surveillance.
- [PayPal & Square Small Business Lending: Complete Guide 2026](https://signal2forex.com/2018/11/16/paypal-and-square-quietly-grow-small-business-lending-using-data-as-their-edge-over-banks/) - Learn how PayPal and Square use data to lend billions to small businesses. Complete 2026 guide to fintech lending, Working Capital, Square Loans, and alternatives.
- [Spinning Top Candlestick Pattern: Complete Trading Guide 2026](https://signal2forex.com/2019/06/13/trading-with-the-spinning-top-candlestick/) - Learn what a spinning top candlestick is, how to identify it, and how to trade it. Complete guide to market indecision signals, confirmation strategies, and examples for 2026.
- [FTX Hack Explained: $415 Million Crypto Theft 2026](https://signal2forex.com/2023/01/22/ftx-reports-415-million-of-cryptocurrencies-was-hacked/) - Learn how FTX was hacked for $415 million in 2022. Complete guide to the SIM-swapping attack, hacker investigation, fund recovery, and security lessons for 2026.
- [Risk Management Techniques: Complete Trading Guide 2026](https://signal2forex.com/2022/11/15/risk-management-techniques-for-trading/) - Master trading risk management with our complete 2026 guide. Learn position sizing, stop-loss placement, portfolio diversification, and emotional control techniques.
- [Stock Market Volatility: What It Is & How to Trade It](https://signal2forex.com/2019/05/03/what-is-stock-market-volatility-and-how-to-trade-it/) - Discover what causes stock market volatility, how to identify volatile stocks, and effective trading strategies to profit from market swings in 2026.
- [3 Types of Forex Analysis: Fundamental, Technical, Sentiment](https://signal2forex.com/2019/02/27/3-types-of-forex-analysis/) - Learn the 3 types of forex analysis: fundamental, technical, and sentiment. Complete guide to understanding each method and how to combine them for better trading.
- [Cup and Handle Pattern: Complete Trading Guide 2026](https://signal2forex.com/2019/08/29/trading-with-the-cup-and-handle-pattern/) - Learn how to trade the cup and handle pattern. Complete guide to identifying this bullish continuation pattern, entry strategies, price targets, and risk management for 2026.
- [Long vs Short Positions in Forex: Complete Guide 2026](https://signal2forex.com/2019/02/13/long-vs-short-positions-in-forex-trading/) - Learn the difference between long and short positions in forex trading. Discover when to go long or short, key strategies, and risk management tips for 2026.
- [Stanley Druckenmiller: Biography, Portfolio & 2026 Outlook](https://signal2forex.com/2018/05/16/hedge-fund-manager-stanley-druckenmiller-bets-big-on-chip-stocks/) - Learn about Stanley Druckenmiller, legendary hedge fund manager. His biography, investment portfolio, latest chip stock bets, and 2026 market outlook.
- [GBP Trading Risks: British Pound Volatility Guide 2026](https://signal2forex.com/2018/02/28/why-volatility-is-the-norm-when-trading-the-british-pound/) - Learn the key risks of trading British Pounds in 2026. Discover GBP volatility drivers, political risks, BoE policy impacts, and trading strategies for sterling.
- [Dollar Index & EUR/CHF: Analysis & Forecast 2026](https://signal2forex.com/2020/01/14/dollar-firm-as-after-cpi-eur-chf-downside-breakout/) - Current analysis of Dollar Index and EUR/CHF. Learn about USD strength, CPI data, technical levels, and trading strategies for 2026. Updated guide — key support and resistance.
- [Guppy Multiple Moving Average: Complete Guide 2026](https://signal2forex.com/2018/08/24/how-to-easily-identify-and-capture-market-trends-using-guppy/) - Learn Guppy Multiple Moving Average (GMMA) trading. Discover how to identify trends, spot breakouts, and trade with Daryl Guppy's powerful indicator in 2026.
- [Breakout vs Pullback: Complete Guide to Trade 2026](https://signal2forex.com/2022/03/02/trading-breakouts-and-pullbacks/) - Learn the difference between breakout and pullback trading strategies. Complete guide to entry method, risk management, and using each method in 2026.
- [Gold Trading Strategies: Complete XAUUSD Guide 2026](https://signal2forex.com/2018/07/06/how-to-trade-gold-top-gold-trading-strategies-and-tips/) - Learn proven gold trading strategies for XAUUSD. Complete guide to trend following, range trading, and event-driven gold trading tips for 2026.
- [Trendline Analysis: Complete Trading Guide 2026](https://signal2forex.com/2023/11/09/introduction-to-basic-trendline-analysis/) - Learn how to use trendline analysis for trading. Complete guide to drawing trendlines, identifying breakouts, and trading key levels in 2026.
- [SP500 ETFs: Market Cap vs Equal Weight — Which Better](https://signal2forex.com/2018/07/13/in-etfs-the-bigger-the-stock-the-more-money-goes-into-it-and-that-could-be-costing-regular-investors/) - Learn differences between market cap and equal weight S&P 500 ETFs. Discover which strategy delivers better returns and why concentration risk matters in 2026.
- [Gold Analysis: Resistance Breakout & 2026 Price Forecast](https://signal2forex.com/2021/07/02/gold-analysis-pierces-resistance-line/) - Latest gold analysis: resistance breakout, 2026 price forecast, key support and resistance levels. Complete technical analysis and trading strategies for XAUUSD
- [FOMO in Trading: How to Overcome Fear of Missing Out 2026](https://signal2forex.com/2019/09/11/what-is-fomo-in-trading-characteristics-of-a-fomo-trader/) - Learn what FOMO in trading is, how it affects traders, and proven strategies to overcome it. Master trading psychology and avoid costly emotional decisions in 2026.
- [Harami Candlestick Pattern: Complete Trading Guide 2026](https://signal2forex.com/2019/08/01/harami-candlestick-patterns-a-traders-guide/) - Learn everything about the Harami candlestick pattern — bullish and bearish. Complete guide with trading strategies, examples, and tips for 2026.
- [Lloyd Blankfein: Biography, Career & Goldman Sachs Legacy 2026](https://signal2forex.com/2018/04/18/goldman-sachs-ceo-lloyd-blankfein-economy-looks-awfully-good-and-should-keep-growing/) - Lloyd Blankfein — former Goldman Sachs CEO (2006–2018). Complete biography, career timeline, net worth, and legacy of the legendary Wall Street banker.
- [ATR Indicator: Average True Range Trading Guide 2026](https://signal2forex.com/2021/01/21/how-to-measure-volatility-with-average-true-range-atr/) - Learn how to use the ATR indicator for volatility measurement, stop-loss placement, and position sizing. Complete Average True Range trading guide for 2026.
- [Andrews Pitchfork Trading: Median Line Strategy Guide 2026](https://signal2forex.com/2019/08/12/introduction-to-pitchfork-analysis-median-line-trading/) - Learn Andrews pitchfork trading with our complete 2026 guide. Discover how to use the median line, identify support/resistance, and trade with pitchfork analysis.
- [Inverted Hammer Candlestick Pattern: Trading Guide 2026](https://signal2forex.com/2019/07/17/trading-the-inverted-hammer-candle/) - Learn to trade the inverted hammer candlestick pattern. Discover how to identify this bullish reversal signal, confirm it, and manage risk effectively.
- [Copper Trading Guide: Strategies & Forecast 2026](https://signal2forex.com/2020/11/10/copper-trading-copper-trading-tips-and-strategies/) - Learn how to trade copper with our complete 2026 guide. Discover key strategies, price drivers, technical analysis, and risk management for successful copper trading.
- [Support and Resistance Trading: Complete Guide 2026](https://signal2forex.com/2019/04/24/a-guide-to-support-and-resistance-trading/) - Master support and resistance trading with our comprehensive guide. Learn to identify key levels, trade breakouts, and manage risk effectively in any market.
- [Absa Wholesale Banking: Africa Expansion Strategy 2026](https://signal2forex.com/2018/05/14/africa-absa-looks-abroad-in-wholesale-banking-push/) - Absa's wholesale banking strategy targets doubling African revenue share to 12%. Learn about pan-African expansion, corporate banking, and 2026 growth plans.
- [RSI Indicator Explained: Complete Trading Guide 2026](https://signal2forex.com/2019/07/12/relative-strength-index-rsi-defined-and-explained/) - Learn what the RSI indicator is, how to calculate it, and how to use it for trading. Complete guide to overbought, oversold, and divergence signals for 2026.
- [VIX Index Guide: S&P 500 Volatility Explained 2026](https://signal2forex.com/2021/01/21/what-is-the-vix-a-guide-to-the-sampp-500-volatility-index/) - Learn what the VIX index is and how it measures S&P 500 volatility. Complete guide to the fear gauge, VIX levels, and trading strategies for 2026.
- [US Economic Expansion 2026: 17 Years & Still Growing](https://signal2forex.com/2019/07/02/this-is-now-the-longest-us-economic-expansion-in-history/) - The US economic expansion is now the longest in history at 17+ years. Learn about its length, key drivers, GDP growth, and what analysts predict for 2026.
- [Peter Madoff: Brother of Bernie Madoff & 2026 Release](https://signal2forex.com/2020/08/14/bernie-madoffs-brother-co-conspirator-peter-madoff-released-from-federal-custody/) - Learn about Peter Madoff, brother of Bernie Madoff. Discover his role in the Ponzi scheme, 10-year sentence, plea deal, and release from federal custody in 2026.
- [SoFi Stadium Guide 2026: Location, Cost, Owners & More](https://signal2forex.com/2019/09/15/finance-start-up-sofi-strikes-deal-to-put-its-name-on-new-la-stadium-for-the-rams-and-chargers/) - Complete guide to SoFi Stadium in Los Angeles. Learn about its cost, owners, naming rights deal, capacity, and upcoming events including World Cup 2026 and Olympics 2028.
- [Copper Trading Guide: How to Trade Copper in 2026](https://signal2forex.com/2020/11/10/what-is-copper-a-traders-primer-to-copper-markets/) - Learn how to trade copper with this complete guide. Discover what affects copper prices, trading strategies, futures, CFDs, and why copper is called "Doctor Copper."
- [COT Report: Traders Commitment Analysis Guide 2026](https://signal2forex.com/2020/11/13/what-is-the-commitment-of-traders-cot-report/) - Learn to read the Commitment of Traders (COT) report. Discover how to analyze CFTC data, interpret commercial vs speculative positioning, and use COT for trading.
- [Forex Volatility Guide: How to Trade Currency Swings 2026](https://signal2forex.com/2019/09/27/currency-volatility-what-is-it-amp-how-to-trade-it/) - Master forex volatility trading with this complete guide. Learn to measure currency swings using ATR, Bollinger Bands, and RSI. Discover top strategies for 2026.
- [GBP/USD Forecast: Dollar and Sterling Outlook 2026](https://signal2forex.com/2019/02/19/dollar-jumps-as-world-trade-outlook-worsened-sterling-even-stronger/) - Get the latest GBP/USD analysis, US dollar forecast, and pound sterling outlook. Expert technical and fundamental analysis of currency markets. Updated 2026.
- [Interest Rates and Forex Trading: Complete Guide 2026](https://signal2forex.com/2019/02/05/interest-rates-and-the-forex-market/) - Learn how interest rates affect forex trading, understand interest rate differentials, and discover key trading strategies. Updated 2026.
- [GBP/USD Outlook 2026: Where Will the Pound-Dollar Go?](https://signal2forex.com/2022/09/23/gbp-usd-freefall-where-will-it-stop/) - Get the latest GBP/USD analysis, key support and resistance levels, and 2026 forecast. Expert technical and fundamental analysis of the pound-dollar exchange rate.
- [Forex Correlation: Complete Guide & Trading Strategies 2026](https://signal2forex.com/2018/12/26/forex-correlation-using-currency-correlation-in-forex-trading/) - Learn how to use currency correlation in forex trading. Discover positive and negative correlations, hedging strategies, and how to diversify risk. Updated 2026.
- [SMA vs EMA: Simple vs Exponential Moving Average Guide 2026](https://signal2forex.com/2021/02/26/simple-moving-average-sma-vs-exponential-moving-average-ema/) - Learn the difference between SMA and EMA, how each is calculated, and which moving average is best for your trading strategy. Complete guide with examples. Updated 2026.
- [Natural Gas Trading: Complete Beginner's Guide 2026](https://signal2forex.com/2020/11/10/what-is-natural-gas-a-traders-primer-to-natural-gas-markets/) - Learn how to trade natural gas — key price drivers, top producers, trading strategies, and market fundamentals. Complete guide for beginners and experienced traders. Updated 2026.
- [DailyFX Trading Course Walkthrough: Part Two (2026)](https://signal2forex.com/2023/11/09/dailyfx-forex-trading-course-walkthrough-part-two/) - Explore Part Two of the DailyFX forex trading course. Learn how interest rates drive currency prices, understand rollover, and discover the carry trade strategy. Free forex education.
- [Tokyo Session Trading: Complete Guide & Best Pairs 2026](https://signal2forex.com/2019/03/11/trading-the-tokyo-session-a-guide-for-forex-traders/) - Learn how to trade the Tokyo session in forex: best currency pairs, trading hours, strategies, and key characteristics. Complete guide for 2026.
- [Forex Margin Trading: Complete Guide & How to Use It 2026](https://signal2forex.com/2019/02/12/using-margin-in-forex-trading/) - Learn what margin is in forex trading and how to use it. Discover margin requirements, margin level, margin calls, and essential risk management strategies. Updated 2026.
- [Safe Haven Assets: Complete Guide & How to Trade in 2026](https://signal2forex.com/2022/11/15/what-are-safe-haven-assets-how-to-trade-them/) - Learn what safe haven assets are and how to trade them. Discover gold, US Treasuries, safe-haven currencies, and defensive stocks to protect your portfolio. Updated 2026.
- [Forex Trading Explained: What Is Forex & How to Trade in 2026](https://signal2forex.com/2021/05/20/forex-trading-what-is-forex-fx-trading-explained/) - Learn forex trading basics: what is forex, how the FX market works, currency pairs, pips, leverage, and risks. A complete beginner's guide to start trading forex in 2026.
- [Inside Bar Pattern: How to Trade It in Forex 2026](https://signal2forex.com/2019/09/02/how-to-trade-the-inside-bar-pattern/) - Learn how to trade the inside bar pattern in forex. Discover breakout & reversal strategies, entry rules, stop-loss placement, and real chart examples. Updated 2026.
- [Forex vs Stocks: Top Differences & Which Is Better 2026](https://signal2forex.com/2019/02/08/forex-vs-stocks-top-differences-how-to-trade-them/) - Compare forex vs stocks: liquidity, 24/5 trading hours, costs, leverage, and more. Learn which market suits your trading style — forex or stocks. Updated 2026.
- [200 Day Moving Average: Complete Guide & Trading Strategies (2026)](https://signal2forex.com/2019/07/29/200-day-moving-average-what-it-is-and-how-it-works/) - Learn how to use the 200 day moving average in forex trading. Complete guide with strategies, support/resistance, golden cross, and real examples from EUR/USD, GBP/USD, and NZD/USD.
- [Technical Analysis Charts: 3 Types of Trading Charts Explained (2026)](https://signal2forex.com/2019/04/30/top-3-technical-analysis-charts-for-trading/) - Learn the 3 main types of technical analysis charts — candlestick, bar, and line charts. Complete guide with visual examples, pros and cons, and how to choose the right chart for your trading style.
- [IG Client Sentiment Update Frequency: How Often Does It Refresh? (2026)](https://signal2forex.com/2020/11/13/using-ig-client-sentiment-for-a-more-well-rounded-approach/) - Learn how often IG Client Sentiment updates in real-time. Discover the refresh rate of IGCS data, how to use live sentiment for trading, and key differences from COT reports and options data.
- [Samantha LaDuc on Intermarket Analysis: Podcast Interview & Trading Insights (2026)](https://signal2forex.com/2019/06/19/intermarket-analysis-with-samantha-laduc-podcast/) - Listen to Samantha LaDuc's podcast on intermarket analysis. Learn about macro-to-micro trading, risk management, and market opportunities from a leading trading expert.
- [Warren Buffett's Favorite Restaurant in Omaha: Gorat's Steakhouse Guide (2026)](https://signal2forex.com/2018/05/19/warren-buffetts-favorite-steakhouse-fits-his-modest-style/) - Discover Warren Buffett's favorite restaurant in Omaha — Gorat's Steakhouse. Learn about the menu, history, and why the Oracle of Omaha loves this classic steakhouse.
- [Dark Cloud Cover Candlestick: How to Trade This Bearish Reversal (2026)](https://signal2forex.com/2019/08/15/how-to-trade-the-dark-cloud-cover-candlestick/) - Learn how to trade the dark cloud cover candlestick pattern — a powerful bearish reversal signal. Includes identification rules, entry strategies, stop-loss placement, and success rate statistics for forex and stocks.
- [Hammer Candlestick in Uptrend: Hanging Man vs Hammer Explained (2026)](https://signal2forex.com/2019/06/20/hammer-candlestick-patterns-a-traders-guide/) - Learn the difference between a hammer candlestick in an uptrend (hanging man) vs a downtrend. Complete guide with trading strategies, confirmation signals, and success rate statistics for forex and stocks.
- [Head and Shoulders Pattern: Complete Trading Guide for Forex & Stocks (2026)](https://signal2forex.com/2019/06/25/the-head-and-shoulders-pattern-a-traders-guide/) - Learn how to trade the head and shoulders pattern — a powerful bearish reversal signal. Includes identification rules, entry strategies, stop-loss placement, and success rate statistics for forex and stocks.
- [IG Client Sentiment: How to Trade Using Sentiment Data (2026)](https://signal2forex.com/2019/08/07/trading-on-sentiment-using-ig-client-sentiment-data/) - Learn how to trade using IG client sentiment data — a powerful contrarian indicator. Discover how to identify market extremes, use sentiment in trending and range-bound markets, and create a winning trading strategy.
- [Bearish Harami Pattern: How to Trade This Bearish Reversal Signal (2026)](https://signal2forex.com/2019/07/30/how-to-trade-with-the-bearish-harami/) - Learn how to trade the bearish harami pattern — a powerful bearish reversal signal. Includes identification rules, entry strategies, stop-loss placement, and success rate statistics for forex and stocks.
- [Top 10 Candlestick Patterns: How to Trade & Identify Every Pattern (2026)](https://signal2forex.com/2019/02/06/top-10-candlestick-patterns-to-trade-the-markets/) - Master the top 10 candlestick patterns every trader must know. Learn to identify bullish and bearish reversal patterns like Doji, Hammer, Engulfing, and more. Includes trading strategies and reliability stats for forex and stocks.
- [Central Bank Intervention in Forex: How to Trade Currency Interventions (2026)](https://signal2forex.com/2019/04/04/central-bank-intervention-in-the-foreign-exchange-market/) - Learn how central bank intervention in the foreign exchange market works. Discover types of currency interventions, trading strategies, and real examples from BoJ, ECB, and emerging markets. Essential guide for forex traders.
- [Engulfing Candle Pattern: How to Trade Bullish & Bearish Setups (2026)](https://signal2forex.com/2019/06/04/engulfing-candle-patterns-how-to-trade-them/) - Learn how to trade engulfing candle patterns — bullish and bearish reversal signals. Includes entry rules, stop-loss placement, take-profit targets, and success rate statistics for forex and stocks.
- [The Truth About Forex Trading: Myths vs Facts Exposed (2026)](https://signal2forex.com/2023/11/09/forex-trading-truth-or-lie-uncovering-the-truths-of-fx-trading/) - Discover the truth about forex trading — myths vs facts. Learn what really matters for success: risk management, stop-losses, trading psychology, and realistic expectations for beginners and pros.
- [Bollinger Band Reversal Patterns: How to Trade W & M Setups](https://signal2forex.com/2019/09/27/trading-with-bollinger-band-reversal-patterns/) - Learn how to trade Bollinger Band reversal patterns including W-bottom and M-top setups. Step-by-step guide with entry rules, stop-loss placement, and confirmation indicators like RSI and MACD for forex and stocks.
- [Bull Move vs Bear Market: How to Determine Market Direction](https://signal2forex.com/2022/11/15/how-to-determine-a-bull-or-bear-market/) - Learn how to determine a bull or bear market with key indicators. Discover the differences between bull and bear markets, trading strategies, and how to identify market turns using technical and fundamental analysis.
- [Piercing Line Pattern: How to Trade This Bullish Reversal Signal](https://signal2forex.com/2019/08/30/how-to-trade-with-the-piercing-line-pattern/) - Learn how to trade the piercing line pattern — a powerful bullish reversal candlestick signal. Includes identification rules, entry strategies, stop-loss placement, and success rate statistics for forex and stocks.
- [Gap Trading: What Are Gaps & How to Trade Them (4 Types)](https://signal2forex.com/2022/11/15/trading-the-gap-what-are-gaps-how-to-trade-them/) - Learn what gap trading is and how to trade 4 types of gaps: common, breakaway, continuation, and exhaustion gaps. Includes gap fill strategies and trading examples for forex and stocks.
- [Gold Price Analysis Today: XAUUSD Support & Resistance](https://signal2forex.com/2022/09/28/gold-price-turns-red-below-1650-upsides-capped/) - Get the latest gold price technical analysis. XAUUSD surges above $4,170 after weak US jobs data. Key support at $4,120, resistance at $4,200. Trading strategy and outlook inside.
- [Bear Pennant Pattern: Trading Strategy & Chart Analysis](https://signal2forex.com/2019/09/30/pennant-patterns-trading-bearish-amp-bullish-pennants/) - Learn how to trade the bear pennant pattern — a powerful bearish continuation signal. Includes entry rules, volume confirmation, stop-loss placement, and real chart examples for forex and stocks.
- [Top 8 Forex Trading Strategies: Pros, Cons & Timeframes](https://signal2forex.com/2019/06/12/top-8-forex-trading-strategies-and-their-pros-and-cons/) - Compare 8 proven forex trading strategies: Price Action, Scalping, Swing, Trend, Range, Position, Day Trading & Carry Trade. Learn pros, cons, timeframes, and key indicators to choose the best strategy for your trading style.
- [Bollinger Bands in Forex — Complete Guide & Strategies (2026)](https://signal2forex.com/2019/08/29/how-to-use-bollinger-bands-in-forex-trading/) - Learn what Bollinger Bands are in forex trading, how they work, and the best strategies to trade with them. Includes trend trading, squeeze strategy, and real chart examples.
- [Elliott Wave Zigzag Pattern — 5-3-5 Structure Explained (2026)](https://signal2forex.com/2018/03/30/elliott-wave-patterns-what-is-a-zigzag/) - Learn the Elliott Wave zigzag pattern — a 3-wave (5-3-5) counter-trend structure. Discover the rules, Fibonacci targets, and how to identify zigzags on price charts with real examples.
- [Rectangle Breakout Pattern — How to Trade It in Forex (2026)](https://signal2forex.com/2019/07/11/using-rectangle-patterns-to-trade-breakouts/) - Learn how to trade rectangle breakouts in forex. Discover bullish and bearish rectangle patterns, entry rules, stop-loss placement, price targets, and how to avoid false breakouts.
- [James Stanley — Trading the News Podcast & Key Insights (2026)](https://signal2forex.com/2019/08/19/trading-the-news-james-stanley-podcast/) - Who is James Stanley? Listen to the Trading the News podcast with the DailyFX currency strategist. Learn his breakout strategy, contrarian approach, and trading psychology insights.
- [Morning Star Candlestick Pattern — Forex Trading Guide (2026)](https://signal2forex.com/2019/09/10/morning-star-candlestick-a-forex-traders-guide/) - Learn how to trade the morning star candlestick pattern in forex. Discover how to identify this bullish reversal pattern, entry rules, stop-loss placement, and real chart examples.
- [New York Forex Session — Hours, Strategies & Best Pairs (2026)](https://signal2forex.com/2019/03/05/the-new-york-session-forex-trading-tips/) - Learn how to trade the New York forex session with our complete guide. Discover session hours, the London-New York overlap, breakout and range strategies, and the best pairs to trade.
- [Top 5 Emerging Market Currencies — How to Trade Them (2026)](https://signal2forex.com/2019/01/16/top-5-emerging-market-currencies-how-to-trade-them/) - Discover the top 5 emerging market currencies to trade in 2026. Learn about USD/MXN, USD/RUB, USD/INR, USD/CNH, and USD/ZAR — including volatility, risks, and trading strategies.
- [Types of Doji Candles — 5 Patterns Every Trader Should Know (2026)](https://signal2forex.com/2019/05/22/top-5-types-of-doji-candlesticks/) - Learn the 5 types of doji candles: Standard, Long-Legged, Dragonfly, Gravestone, and 4-Price Doji. Includes trading strategies, confirmation rules, and stop-loss placement.
- [Bearish Engulfing Pattern — Forex Trading Strategy (2026)](https://signal2forex.com/2019/06/21/trading-with-the-bearish-engulfing-candle/) - Learn how to trade the bearish engulfing pattern in forex. Discover how to identify it, use indicators for confirmation, and set entry, stop-loss, and take-profit levels.
- [Sentiment Analysis for Forex Trading](https://signal2forex.com/2019/07/05/sentiment-analysis-for-forex-trading/) - Learn what sentiment analysis in forex is, how to use sentiment indicators like IGCS and COT, and proven contrarian trading strategies. Includes interactive sentiment analyzer.
- [Long Wick Candlestick Patterns — Trading Guide (2026)](https://signal2forex.com/2019/09/17/how-to-trade-with-long-wick-candles/) - Learn how to trade long wick candlestick patterns in forex. Discover what long upper and lower wicks mean, proven strategies, and use our interactive wick ratio calculator.
- [Australian Dollar Extends Losses](https://signal2forex.com/2022/09/28/australian-dollar-extends-losses/) - The Australian dollar can’t find its footing and continues to lose ground against the surging US dollar. AUD/USD was down considerably earlier today but has pared most of these losses. In the North American session, AUD/USD is trading at 0.6425, down 0.14%. Forex EA. Australia retail sales higher than expected Australia’s retail sales for August
- [How to Trade with the Relative Strength Index (RSI)](https://signal2forex.com/2022/12/01/how-to-trade-with-the-relative-strength-index-rsi/) - As traders further their education of Technical Analysis, they will often begin a journey on the path of indicators. On this path are many indicators, with many functions, uses and goals. Some indicators may seem to work better than others depending on the trader’s goals; leading to the rampant popularity of many of the most
- [The Swiss National Bank: A Forex Trader’s Guide](https://signal2forex.com/2023/10/25/the-swiss-national-bank-a-forex-traders-guide/) - The Swiss National Bank (SNB) is Switzerland’s Central bank. Their mission is to promote and maintain monetary and financial stability. It is important for traders to keep up to date with the SNB’s latest changes to monetary policy because it can have a large effect on the Swiss Franc (CHF). What is the SNB? The
- [Week Ahead: Central Bank Fallout, More Pain for the Pound, and Inflation Data](https://signal2forex.com/2022/09/24/week-ahead-central-bank-fallout-more-pain-for-the-pound-and-inflation-data/) - Last week, there were some major events that created quite a bit of volatility. The most important events were the FOMC interest rate hike of 75bps to bring the Fed Funds rate to 3.25%, the BOE rate hike of 50bps to bring the key rate to 2.25%, and the BOJ intervention in the FX markets
- [Gold Price Turns Red Below $1,650, Upsides Capped](https://signal2forex.com/2022/09/28/gold-price-turns-red-below-1650-upsides-capped-2/) - Key Highlights Gold price extended losses below the $1,650 support. A major bearish trend line is forming with resistance near $1,650 on the 4-hours chart. EUR/USD and GBP/USD might start a fresh downward move. USD/JPY could clear the last high at 145.90 and continue higher. Forex EA. Gold Price Technical Analysis Gold price remained in
- [FX Intervention: Risks for Solos, Not Yet for Accords](https://signal2forex.com/2022/09/27/fx-intervention-risks-for-solos-not-yet-for-accords/) - The US dollar is under some pressure on Tuesday morning, which can be attributed to the dollar’s local profit-taking after substantial gains on previous days. European equities and US index futures are also getting some relief, pulling back from lows. Forex EA. However, until we see a change in the fundamentals, bounces like today’s are
- [EUR/USD Outlook: Bears Likely to Travel Further as Conditions Continue to Worsen](https://signal2forex.com/2022/09/28/eur-usd-outlook-bears-likely-to-travel-further-as-conditions-continue-to-worsen/) - The Euro hit new marginally lower 20-year low in early Wednesday, as risk assets fell in Asia, lifting the dollar to new high. Technical studies show indicators on daily chart in full bearish setup, with oversold conditions likely to slow bears for consolidative/corrective actions, before accelerating towards targets at 0.9301 /0.9000 (June 2002 low/psychological). Falling
- [Gold Extends its Decline to Fresh 29-Month Lows](https://signal2forex.com/2022/09/26/gold-extends-its-decline-to-fresh-29-month-lows/) - Gold has been losing ground since early March, generating a profound structure of lower highs and lower lows within a descending channel. Furthermore, in the last few daily sessions, the technical picture has deteriorated, with the pair forming consecutive fresh 29-month lows and forex trading beneath its lower Bollinger band. The short-term oscillators currently suggest
- [More Turmoil to Come?](https://signal2forex.com/2022/09/27/more-turmoil-to-come/) - Stock markets have steadied in Asia and early European trade on Tuesday but that is not reflective of the mood in the markets at the moment so it may struggle to hold. The volatility in FX markets at the start of the week has been extreme but it’s also been building for weeks as authorities
- [Consumer Sentiment Index: Basic Principles and Uses in Trading](https://signal2forex.com/2022/10/26/consumer-sentiment-index-basic-principles-and-uses-in-trading/) - What is Consumer Sentiment? Consumer sentiment, consumer confidence or the Index of Consumer Sentiment (ICS) is used as a barometer for overall economic health by market participants as determined by the consumer. The reading encompasses consumer and household opinion based on various survey questions including previous, current and future economic viewpoints on personal finances and
- [How I Use RSI](https://signal2forex.com/2022/11/15/how-i-use-rsi/) - The Relative Strength Index (RSI) is a simple oscillator that is used to measure speed or inertia of a given price move. The objective is to identify times when market may be in an overbought / oversold condition. While the concept is quite simple, the indicator is often times the most miss-used and under-utilized oscillator.
- [Commodities vs Stocks: Top 5 Differences & Trading Tips](https://signal2forex.com/2022/11/15/commodities-vs-stocks-top-5-differences-trading-tips/) - Stocks and commodities are two of the most widely-traded financial products today. These asset classes can serve as a powerful influence on the economy, business infrastructure and the trading behaviors of millions around the world. Read on to discover the nuances of commodities vs stocks, the trading styles that suit each, and why understanding their
- [The Bond Market as a Forecasting Tool for Stocks: Four Key Yield Curve Regimes](https://signal2forex.com/2022/11/16/the-bond-market-as-a-forecasting-tool-for-stocks-four-key-yield-curve-regimes/) - YIELD CURVE AND STOCKS: Wall Street refers to the bond market as smart money because of its track record of predicting future economic outcomes When analyzing the interplay between bonds and stocks, traders often look at shape of the yield curve to glean insight into the business cycle and predict equity performance There are four
- [Trading Journal: What it is and How to Create One](https://signal2forex.com/2022/11/30/trading-journal-what-it-is-and-how-to-create-one/) - What is a trading journal? A trading journal is a log that you can use to record your trades. Traders use a trading journal to reflect upon previous trades so that they may evaluate themselves, and you should too! You can use journals to evaluate where you can improve your trading. They are a useful
- [Stocks made the biggest jump: Netflix, Coinbase, Alphabet, SVB Financial](https://signal2forex.com/2023/01/22/stocks-made-the-biggest-jump-netflix-coinbase-alphabet-svb-financial/) - Netflix — Shares of the streaming giant jumped more than 8% after Netflix added 7.66 million net subscribers in the fourth quarter, above the 4.57 million expected, according to StreetAccount. Founder Reed Hastings also announced that he is stepping away from his CEO role. The company’s 12 cents earnings per share were below estimates of 45 cents per
- [The South African Reserve Bank: A Trader's Guide](https://signal2forex.com/2023/09/20/the-south-african-reserve-bank-a-traders-guide/) - The South African Reserve Bank (SARB) plays an integral role in the economic framework of South Africa. Its foundations, mandate, unique shareholder structure, and policy decisions significantly influence the trajectory of the South African Rand (ZAR). THE BIRTH OF THE SOUTH AFRICAN RESERVE BANK (SARB) Established on June 30, 1921, the SARB is the oldest
- [DailyFX Forex Trading Course Walkthrough: Part Four](https://signal2forex.com/2023/10/25/dailyfx-forex-trading-course-walkthrough-part-four/) - Forex Trading Course Walkthrough Talking Points: This is the fourth of a ten-part series in which we walk through articles from Daily Education. The aim of this series is simplicity while addressing some of the more important aspects of the FX market along with traders’ strategies and approaches. If you would like to access the
- [The Reserve Bank of New Zealand: A Trader’s Guide](https://signal2forex.com/2023/09/05/the-reserve-bank-of-new-zealand-a-traders-guide/) - The Reserve Bank of New Zealand (RBNZ) is the country's central bank, responsible for maintaining price stability and promoting sustainable economic growth. Established in 1934, the bank has played a crucial role in shaping the country's economy over the years. This article provides a brief history of the bank, its current shareholders, the appointment of
- [USDJPY Gets Another Rejection From 20-Day SMA, 103.00 Back In Focus](https://signal2forex.com/2020/12/30/usdjpy-gets-another-rejection-from-20-day-sma-103-00-back-in-focus/) - USDJPY is set for another battle around the 103.00 supportive area, which it failed to successfully breach two weeks ago, despite slipping to a new eight-month low of 102.86. The latest bearish correction follows another rejection near the 20-day simple moving average (SMA), and questions are arising about whether the pair can further strengthen its
- [NZDUSD Trades Within Sideways Channel; SMAs Post Bearish Cross](https://signal2forex.com/2019/07/04/nzdusd-trades-within-sideways-channel-smas-post-bearish-cross/) - NZDUSD has been consolidating since June 26 within a narrow range of 0.6655 – 0.6718 and is currently hovering beneath the bearish crossover within the 20- and 40-simple moving averages (SMAs) in the 4-hour chart. The near-term bias is looking neutral-to-bearish as the RSI is flatlining near the 50-neutral level, while the MACD is moving
- [Can AUD/USD Break Its Downward line?](https://signal2forex.com/2019/07/04/can-aud-usd-break-its-downward-line/) - The AUD/USD pair has been in a strong downtrend since March 2018 as per the daily chart. Fairly recently, the price had another attempt to break above the downward trend line, shown in blue. Having said this, the price has broken out of its 50-day moving average, shown in pink, to the upside and it
- [Elliott Wave Analysis: Bearish USD Index On Pause; Lower Prices in View!](https://signal2forex.com/2019/07/03/elliott-wave-analysis-bearish-usd-index-on-pause-lower-prices-in-view/) - USD index is recovering from the lows, however this recovery can only be temporary as we see it as part of a bigger setback of a bearish decline. We labelled a corrective wave ii in progress with sub-wave c) now trading near possible resistance and turning point zones (96.70/96.98 region). A drop in impulsive fashion
- [USDZAR Reverses Lower as Bears Retake the Reins](https://signal2forex.com/2019/07/04/usdzar-reverses-lower-as-bears-retake-the-reins/) - USDZAR has recorded significant losses in recent weeks, moving back below its 50- and 200-day simple moving averages (SMAs) to record a lower low on the daily chart. The picture therefore seems to be shifting to negative, though a clear break below the 13.86 – 13.79 zone is needed to confirm that. Looking at momentum
- [How to Read a Forex Economic Calendar](https://signal2forex.com/2019/03/08/how-to-read-a-forex-economic-calendar/) - A forex economic calendar is useful for traders to learn about upcoming news events that can shape their fundamental analysis. This piece will explore the economic calendar in depth, offering tips on how to read a forex economic calendar to plan ahead, manage risk, and execute strategic trades. What is an economic calendar? An economic calendar
- [How to Manage the Emotions of Trading](https://signal2forex.com/2019/04/09/how-to-manage-the-emotions-of-trading/) - Knowing how to control emotions while trading can prove to be the difference between success and failure. Your mental state has a significant impact on the decisions you make, particularly if you are new to trading, and keeping a calm demeanor is important for consistent trading. In this piece, we explore the importance of day
- [EURUSD Bear Pressure Targets The 1.1225 Area](https://signal2forex.com/2019/07/03/eurusd-bear-pressure-targets-the-1-1225-area/) - EURUSD bear pressure targets the 1.1225 area as it looks for price extension. Support comes in at the 1.1225 where a violation will turn risk to the 1.1200 level. A turn below here will target the 1.1150 level. Further down, support lies at the 1.1100. Its daily RSI is bearish and pointing lower suggesting more
- [Trading the Bullish Harami Pattern](https://signal2forex.com/2019/07/03/trading-the-bullish-harami-pattern/) - Learn to Trade the Bullish Harami The Bullish Harami consists of two candlesticks and hints at a bullish reversal in the market. The Bullish Harami candlestick should not be traded in isolation but instead, should be considered along with other factors to achieve Bullish Harami confirmation. This article will cover: What is a Bullish Harami
- [BTCUSD $10,200 Key](https://signal2forex.com/2019/07/03/btcusd-10200-key/) - Bitcoin it attempting to recover bullish momentum after coming under downside pressure earlier this week below the $10,000 level. The $10,200 support level is the neckline of a bearish head and shoulders pattern with a large four-digit downside projection. The BTCUSD pair may also come under further selling pressure from the series of bearish candles
- [AUD/USD Outlook: Aussie Pulls Back from New Two-Month High ahead of Expected RBA Rate Cut](https://signal2forex.com/2019/07/01/aud-usd-outlook-aussie-pulls-back-from-new-two-month-high-ahead-of-expected-rba-rate-cut/) - The Australian dollar pulls back after rallying in past nine days, as advance was capped by daily cloud top/100DMA (0.7035) and sentiment changes ahead of RBA rate decision, due early Tuesday. Majority of economists tip for 0.25% rate cut to a record low at 1%, with rising expectations for more cuts this year, with Australian
- [CADJPY Opens with Positive Gap; Bullish Cross within SMAs](https://signal2forex.com/2019/07/01/cadjpy-opens-with-positive-gap-bullish-cross-within-smas/) - CADJPY opened a gap up today, climbing above the 82.60 barrier and meeting the 50.0% Fibonacci retracement level of the downfall from 89.25 to 76.60 near 82.90. Having a look at the momentum indicators, the RSI is sloping up near the overbought threshold and the MACD is strengthening its momentum above trigger and zero lines.
- [GBP/JPY: From Bad to Worse for the Pound](https://signal2forex.com/2019/07/02/gbp-jpy-from-bad-to-worse-for-the-pound/) - Things have gone from bad to worse for the pound. After being knocked by a poor construction PMI earlier in the day, sterling slumped to hit a new session low moments ago in reaction to a speech by Bank of England Governor Mark Carney. Mark Carney said the BoE expects economic growth in the second
- [GBPCAD Posts 20-Month Low, Looks For A Rebound In Short-Term](https://signal2forex.com/2019/06/28/gbpcad-posts-20-month-low-looks-for-a-rebound-in-short-term/) - GBPCAD is currently trading not too far away from yesterday’s 20-month low of 1.6572, having pulled back marginally. The momentum indicators suggest that there is a potential for an upside correction. The RSI, which has been moving around its 30 level over the last month, is pointing up in the oversold area, while the stochastic
- [GBP/USD Bearish ABC Pattern in Bullish Zigzag](https://signal2forex.com/2019/07/01/gbp-usd-bearish-abc-pattern-in-bullish-zigzag/) - The GBP/USD is expected to move up higher as part of a wave C but only after it completes a bearish wave B (green) first. Price is expected to bounce at the 50 or 61.8% Fibonacci retracement level of wave B vs A for a bullish bounce and continuation towards the 50% Fib of wave
- [USDJPY Slipping Lower](https://signal2forex.com/2019/06/28/usdjpy-slipping-lower/) - The US dollar is start to slip lower on Friday against the Japanese yen after buyers failed to sustain the pair above the 108.00 level. Continued weakness below the 107.80 level may see the USDJPY pair test back towards its current monthly trading low. Technical indicators on the daily time frame still remains extremely oversold,
- [EURUSD Bullish Breakout](https://signal2forex.com/2019/06/28/eurusd-bullish-breakout/) - The euro has broken to the upside against the US dollar after moving above a well-defined wedge pattern the pair had been trapped in. EURUSD bulls need to break the 1.1400 level to further encourage technical buying towards at least the 1.1440 level. The release of data from the US economy later today and G20
- [NZD/USD Breaches Weekly R2](https://signal2forex.com/2019/06/28/nzd-usd-breaches-weekly-r2/) - The New Zealand Dollar traded with lower volatility against the US Dollar on Thursday. The currency pair, however, breached both the weekly and the monthly pivot points during yesterday’s trading session. Everything being equal, it is likely that the currency exchange rate will aim for the upper boundary of an ascending channel pattern at 0.6749
- [AUD/USD Targets At 0.7036](https://signal2forex.com/2019/06/28/aud-usd-targets-at-0-7036/) - During the past 24 hours, the Australian Dollar has moved just 32 pips against the US Dollar. The currency pair breached the weekly R2 at 0.7006 during the morning hours of Friday’s trading session. Most likely, the exchange rate will continue its upside movement today. The potential target for bullish traders will be near a
- [Double Top Pattern: A Forex Trader’s Guide](https://signal2forex.com/2019/06/28/double-top-pattern-a-forex-traders-guide/) - Double top patterns are noteworthy technical trading structures to learn and integrate into a trader’s arsenal. Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Double Top Pattern: Main Talking Points: What is a double top? How to identify a double top pattern on forex
- [Brent Crude – Has the Rally Run its Course?](https://signal2forex.com/2019/06/27/brent-crude-has-the-rally-run-its-course/) - Can oil continue to rally? Prior to the latest eruption in the crypto space, Brent crude (oil) was looking like the volatile player in the market but these moves pale in comparison. Oil prices have sprung back to life over the last couple of weeks, aided this week by huge inventory drawdowns, as reported by
- [Elliott Wave Analysis: USD/CAD And OIL Facing Reversals!](https://signal2forex.com/2019/06/27/elliott-wave-analysis-usd-cad-and-oil-facing-reversals/) - USDCAD perfectly hit 1.3100 target for wave »v« and at the same time even a negative correlated market crude oil can be approaching 5th wave, so we would not be surprised if we see some reversals at least in three waves. However, to confirm a potential pullback, USDCAD needs to turn back above 1.3200 region,
- [How Monetary and Fiscal Policy Can Amplify or Stave Off Crises](https://signal2forex.com/2019/06/27/how-monetary-and-fiscal-policy-can-amplify-or-stave-off-crises/) - Why financial market traders must monitor both monetary and fiscal policy: When trading financial markets, especially when there are concerns about a global economic slowdown, it’s essential to monitor both government fiscal policy and central bank monetary policy. When they are working together, the chances of a slowdown turning into a full-blown recession are substantially
- [Elliott Wave Analysis: EURAUD Aiming For 1.6200](https://signal2forex.com/2019/06/26/elliott-wave-analysis-euraud-aiming-for-1-6200/) - As expected, EURAUD broke below channel support line and 1.6285 region, so seems like trend is bearish confirmed, and it can be unfolding a new five-wave bearish cycle towards 1.6200 level or maybe even lower. That said, be aware of something more complex as well, but as long as price is trading below 1.6350 invalidation
- [EUR/JPY Trying to Break Higher](https://signal2forex.com/2019/06/26/eur-jpy-trying-to-break-higher/) - This is a quick note to highlight a potential reversal in the EUR/JPY, which was in the process of forming further bullish price action after it created a large bullish engulfing candle on Friday. At the time of this writing, it was trying to break its short-term bearish trend line and climb above the 21-day
- [Developed Market Equities with Andrew Milligan | Podcast](https://signal2forex.com/2019/06/26/developed-market-equities-with-andrew-milligan-podcast/) - Key points covered in this podcast - Why developed market equities may be the pick right now - The key fundamental factors that are hitting global asset classes - The potential opportunities in Europe Note: our programmers have developed a profitable forex robot with low risk and stable profit! Andrew Milligan is head of global
- [GBP/USD Outlook: Cable Extends Pullback On Comments From Johnson/Fed, BoE Carney’s Speech In Focus](https://signal2forex.com/2019/06/26/gbp-usd-outlook-cable-extends-pullback-on-comments-from-johnson-fed-boe-carneys-speech-in-focus/) - Cable extends pullback on Wednesday after double rejection at key Fibo barrier at 1.2763 (38.2% of 1.3179/1.2505), probing through lower pivots at 1.2677 (Fibo 38.2% of 1.2505/1.2783 upleg/30SMA) and 1.2667 (20SMA). Fresh bears are inflated by comments from PM candidate Johnson on 31 Oct exit, with or without deal and softer tone from Fed officials
- [Dollar Index Futures Scope for Further Losses but Short-term Downside Softer](https://signal2forex.com/2019/06/24/dollar-index-futures-scope-for-further-losses-but-short-term-downside-softer/) - The position in the US dollar index futures is on the back foot for the fourth consecutive day and near a three-month low of 95.47 following the rejection from the 20- and the 50-day simple moving averages (SMA). The price has so far fallen below the 200-day SMA, the previous low of 96 and the
- [Gold – Can Anything Stop the Rally?](https://signal2forex.com/2019/06/25/gold-can-anything-stop-the-rally/) - Gold is flying once again as it looks to extend its winning streak to six days and build on the almost 7% gains it’s made in that time. Gold Daily Chart All you have to do is look at a US dollar chart to see what the trigger for the surge has been. - Note:
- [GBPUSD Bullish Above 1.2730](https://signal2forex.com/2019/06/25/gbpusd-bullish-above-1-2730/) - The British pound is attempting to gain upside momentum against the greenback after slipping back towards the 1.2700 level in early week trade. GBPUSD bulls need to sustain price above the 1.2730 level and stage a breakout above the 1.2770 resistance level. Losses below the 1.2710 level may provoke a much deeper technical correction towards
- [AUDJPY Stabilizes Near 6-Month Low; Outlook Still Negative](https://signal2forex.com/2019/06/24/audjpy-stabilizes-near-6-month-low-outlook-still-negative/) - AUDJPY touched a 6-month low of 73.90 last week, with price action taking place below both the 50- and 200-day simple moving averages (SMAs). Additionally, the price structure consists of lower highs and lower lows, confirming that the broader downtrend remains intact – even if oscillators like the RSI suggest that the latest rebound may
- [Market Morning Briefing: Euro-Yen Has Bounced Well From 121](https://signal2forex.com/2019/06/24/market-morning-briefing-euro-yen-has-bounced-well-from-121/) - STOCKS Asians are trading lower on increasing concerns/uncertainty over the US-Iran conflict. On the one hand, the US has said that it is ready to negotiate and not looking for any war. On the other hand, the US is ready to announce additional sanctions on Iran today. Indices like the Dow, DAX, Nikkei and Shanghai
- [Technical Indicators Defined and Explained for Forex Traders](https://signal2forex.com/2019/06/24/technical-indicators-defined-and-explained-for-forex-traders/) - Technical indicators are chart analysis tools that can help forex traders better understand and act on price movement. There is a huge range of technical analysis tools available that analyze trends, provide price averages, measure volatility and more. In this piece, we explore the types of technical indicators available, from RSI to Bollinger Bands®, explain
- [XAU/USD Should Go Downside](https://signal2forex.com/2019/06/21/xau-usd-should-go-downside/) - During Thursday, the XAU/USD exchange rate reached the 1,390.00 level. During today’s morning, the rate reversed south from the upper boundary of the long-term ascending channel at 1,402.50. From a theoretical perspective, it is expected, that the price for gold could go downside, as it has to target the lower channel line. However, it is
- [USD/JPY Outlook: Corrective Bounce Likely To Precede Fresh Weakness](https://signal2forex.com/2019/06/21/usd-jpy-outlook-corrective-bounce-likely-to-precede-fresh-weakness/) - The pair rebounds from new multi-month low at 107.04 on Friday as traders take profits from post-Fed two-day 1.1% fall. Oversold daily studies support the action which eyes barriers at 107.81/98 (former low of 5 June / falling 5SMA), ahead of descending 10SMA (108.23). Overall bearish structure favors limited corrective action before bears resume, as
- [AUDUSD Capped Below 200-SMA](https://signal2forex.com/2019/06/21/audusd-capped-below-200-sma/) - The 200-period simple moving average (SMA) in the four-hour chart seems to be a hurdle for the AUDUSD bulls over the past two days, and the falling RSI which heads towards its 50 neutral mark suggests that the market may stabilize in the short-term. Exceeding the 200-period SMA and more importantly the upper surface of
- [Silver Pulls Back from 3-Month High](https://signal2forex.com/2019/06/21/silver-pulls-back-from-3-month-high/) - Silver reversed to the downside early on Friday but the 20-period simple moving average (SMA) in the four-hour chart managed to halt the bearish correction as it did a few days ago. The RSI and the MACD lost momentum as well, endorsing the negative move in the price. Yet, as long as both indicators remain
- [EUR/USD Could Extend Gains](https://signal2forex.com/2019/06/21/eur-usd-could-extend-gains/) - The EUR/USD currency pair has been trying to surpass the resistance level formed by the weekly R1 at 1.1303 since Thursday. If the given resistance holds, it is likely, that a reversal south could occur within the following trading hours. However, it is unlikely, that the pair could drop lower than the 1.1238/1.1263 range due
- [Gold Spikes to 14-Month Highs; Could Gain More](https://signal2forex.com/2019/06/18/gold-spikes-to-14-month-highs-could-gain-more/) - Gold bulls took over again on Tuesday, driving the price near Friday’s 14-month high of 1,358. The location of the RSI – above 70 – hints that the bullish action may be overdone, and therefore no space is left for additional upside. However, with the Stochastics trending under the 80 oversold level and the MACD
- [US30 Index Returns to Record Highs](https://signal2forex.com/2019/06/20/us30-index-returns-to-record-highs/) - US30 stock index (Dow Jones) is currently flirting with May’s peak of 26,707 but the positive momentum in the MACD, which trends above its red signal line, suggests that September’s record high of 26,951 could be achievable as well. Still, the RSI warns that the market is approaching overbought territory and hence downside corrections cannot
- [Market Morning Briefing: Aussie Remains Bearish](https://signal2forex.com/2019/06/17/market-morning-briefing-aussie-remains-bearish/) - STOCKS Global equities like the Dow and DAX remains mixed in the near-term while the broader picture continues to remain positive. Nikkei is heading towards a crucial resistance which has to be broken to extend the upmove. Shanghai retains its sideways range. Sensex and Nifty are turning vulnerable to break their sideways range on the
- [S&P 500 Futures (ES_F) Buying The Elliott Wave Dips](https://signal2forex.com/2019/06/14/sp-500-futures-es_f-buying-the-elliott-wave-dips/) - In this technical blog, we are going to take a look at the past performance of 4 hour Elliott Wave Charts of S&P 500 Futures (ES_F), which we presented to members at elliottwave-forecast.com. In which, the cycle from 12/26/2018 low ( $$2315.27) unfolded in an impulse structure & showed a higher high sequence in bigger
- [Tesla Bull Ross Gerber Talks Stock Picking](https://signal2forex.com/2019/06/13/tesla-bull-ross-gerber-talks-stock-picking/) - Key points covered in this podcast - Why being a Tesla bull can reap rewards - What it takes to be a consistent stock picker - Why Bitcoin will always thrive in adversity Ross Gerber is the co-founder and CEO of Gerber Kawasaki Wealth Management, which he founded with Danilo Kawasaki and grew in the
- [Gold Pares Gains Post US Retail Sales](https://signal2forex.com/2019/06/14/gold-pares-gains-post-us-retail-sales/) - US retail sales in May beat expectations, increasing by 0.5%, more than the 0.4% that was expected. April figures were also revised upwards. The dollar strengthened on the release; gold fell away from its session high and year to date high of $1361.9. This is the second straight month that retail sales have increased. However,
- [Gold Eyes Prior Peak after Brief Correction](https://signal2forex.com/2019/06/13/gold-eyes-prior-peak-after-brief-correction/) - Gold is continuing to edge higher today, supported to an extent by the weaker dollar, not that it held the yellow metal back much yesterday. It found strong support around $1,320 earlier this week and has since burst higher with the previous peak around $1,350 in its view. A break of this could propel gold
- [USD/CAD Limping ahead of US CPI](https://signal2forex.com/2019/06/11/usd-cad-limping-ahead-of-us-cpi/) - It has been a rather quiet day in FX with the lack of any major Eurozone or North American data to drive the markets. Although Trump took to twitter to again criticize the Fed, this had minimal impact on the markets. Many investors are looking forward to tomorrow’s publication of US Consumer Price Index (CPI)
- [USDMXN Holds in Ichimoku Cloud after Negative Gap](https://signal2forex.com/2019/06/12/usdmxn-holds-in-ichimoku-cloud-after-negative-gap/) - USDMXN has dropped considerably over the previous couple of days, after the negative gap, remaining within the 200- and 50-day simple moving averages (SMAs). Currently, the pair is also hovering in the Ichimoku cloud and is trying to surpass the 23.6% Fibonacci retracement level of the downleg from 20.6540 to 18.7440 near 19.1938. Looking at
- [Copper Futures Attempt to Break above Descending Channel](https://signal2forex.com/2019/06/12/copper-futures-attempt-to-break-above-descending-channel/) - Copper futures for July delivery have unsuccessfully attempted to pierce the upper boundary of the one-month old descending channel (2.695) on Tuesday. The positive momentum in the MACD signals that upside pressures may return in the short-term, but the price may first need to crawl comfortably above 2.711, the 61.8% Fibonacci retracement of the 2.539-2.991
- [Gold Bulls Face First Test](https://signal2forex.com/2019/06/11/gold-bulls-face-first-test/) - We’re seeing some more profit taking in gold on Tuesday, with the rebound in the dollar and stronger risk appetite likely contributing to the declines. Gold failed to break above $1,350 on this occasion, or hold above the February high, but that doesn’t necessarily mean the rally has run its course. Price has now fallen
- [Trading Reversals with the Harami Candlestick](https://signal2forex.com/2019/06/11/trading-reversals-with-the-harami-candlestick/) - Harami Candlestick and Reversal Patterns: Main Talking Points Reversal patterns are very popular in technical trading which can allow traders to capitalise on changes in market trends The Harami candlestick is highly recognisable and can catch a reversal pattern at the most opportune time with tight risk. In this way, Harami reversals can help traders
- [GBP/USD And USD/CAD: US Dollar Showing Signs Of Weakness](https://signal2forex.com/2019/06/10/gbp-usd-and-usd-cad-us-dollar-showing-signs-of-weakness/) - GBP/USD gained pace this past week and recovered above the 1.2700 resistance. USD/CAD declined steadily below 1.3300, signaling short term US Dollar weakness. Important Takeaways for GBP/USD and USD/CAD The British Pound started a decent recovery and recovered above 1.2700 and 1.2720. There is a major bullish trend line forming with support near 1.2710 on
- [US 100 Index Recovers Notable Losses in Short Term](https://signal2forex.com/2019/06/10/us-100-index-recovers-notable-losses-in-short-term/) - The US 100 index advanced considerably in the previous week, penetrating the Ichimoku cloud following the rebound on the 6930 support level. However, the bulls have so far been unable to push the price above the 50-day simple moving average (SMA), but the technical indicators are moving north. The MACD surpassed the trigger line in
- [AUDJPY Bulls Face Big Challenge Around 20-SMA](https://signal2forex.com/2019/06/07/audjpy-bulls-face-big-challenge-around-20-sma/) - Selling interest is continuing in the AUDJPY market, remaining below the 20-day simple moving average (SMA). However, the technical indicators are suggesting a possible upside correction. The MACD is strengthening its bullish momentum above the trigger line, while the RSI is looking slightly positive in the negative threshold. Should positive pressure come in play and
- [GBPCAD is Neutral in Very Short-Term; Advances are Expected](https://signal2forex.com/2019/06/06/gbpcad-is-neutral-in-very-short-term-advances-are-expected/) - GBPCAD has been on the sidelines for the most part of the week as the 1.7130 level seems to be a real struggle for the bulls. Technically, the price could lose some ground in the short-term as the RSI is flattening near the 30 mark, while the stochastics are warning of an oversold market, but
- [Elliott Wave Analysis: Weakness on Gold Around The Corner!](https://signal2forex.com/2019/06/05/elliott-wave-analysis-weakness-on-gold-around-the-corner/) - GOLD is trading higher, now unfolding final stages of a wave five as part of a higher degree wave iii of a bigger bullish cycle. We labelled possible turning point regions for the metal, which are at 1345/1351 area, where Fibonacci ratios of 261.8 and 423.6, and the upper corrective channel lines can project end
- [EUR/USD Outlook: The Euro Consolidates Above Key Supports After Strong Upside Rejection, ECB Policy Meeting Eyed For Fresh Signals](https://signal2forex.com/2019/06/06/eur-usd-outlook-the-euro-consolidates-above-key-supports-after-strong-upside-rejection-ecb-policy-meeting-eyed-for-fresh-signals/) - The Euro attempts to stabilize above 55SMA (1.1214) after Wednesday’s strong upside rejection (1.1306) and subsequent pullback that left bearish daily candle with long upper shadow. Repeated failure to clear key barriers, provided by daily cloud top/100SMA (1.1277) despite spike higher, shifted immediate risk lower, however, strong bullish momentum underpins and expected to keep alive
- [The Yield Spread Albatross Around USD/JPY’s Neck](https://signal2forex.com/2019/06/04/the-yield-spread-albatross-around-usd-jpys-neck/) - In the past 24 hours, we’ve touched on potentially bullish setups in EUR/USD and AUD/USD, mirroring the potential topping pattern we’re seeing in the US dollar index itself. Continuing with that theme, USD/JPY looks increasingly susceptible to more downside even after Friday’s 130-pip dump. The culprit, once again, is collapsing US yields. Short-term yield spreads
- [EURNZD Remains Under Pressure Celow 20-day SMA](https://signal2forex.com/2019/06/03/eurnzd-remains-under-pressure-celow-20-day-sma/) - EURNZD is declining below the 20-day simple moving average (SMA) today, confirming the recent bearish structure in the near term. The RSI is moving towards the 50 level, while the MACD is holding below the trigger line but is still hovering above the zero line, increasing speculation for more downside pressure. In case the pair
- [GBP/USD And EUR/GBP: British Pound Could Recover](https://signal2forex.com/2019/06/03/gbp-usd-and-eur-gbp-british-pound-could-recover/) - GBP/USD started a decent upward move above the 1.2600 resistance. EUR/GBP is currently correcting lower towards the 0.8830 support area. Important Takeaways for GBP/USD and EUR/GBP The British Pound declined recently and tested the 1.2560 support area. There was a break above a major bearish trend line with resistance at 1.2610 on the hourly chart
- [US 30 Index Opens with Gap Down; Flirts with 4-Month Low](https://signal2forex.com/2019/06/03/us-30-index-opens-with-gap-down-flirts-with-4-month-low/) - The US 30 index futures opened with negative gap today below the 38.2% Fibonacci retracement level of the upward movement from the 16-month low of 21,596 to the 6-month high of 26,712 near 24,754. The index is on the back foot, recording more than four-month low (24,606), and the technical indicators suggest that the market
- [XAU/USD Outlook: Fresh Rally On Risk Aversion Pressures Key Barriers At $1303/06](https://signal2forex.com/2019/05/31/xau-usd-outlook-fresh-rally-on-risk-aversion-pressures-key-barriers-at-1303-06/) - Spot gold rose close to psychological $1300 barrier on Friday, in extension of strong rally of the previous day and marked nearly 0.8% advance since Asian opening on Friday. Unexpected US tariffs on goods imported from Mexico boosted global fears of trade war spreading, prompting investors from riskier assets into safe-havens. The yellow metal benefited
- [USD/JPY: Two Scenarios Likely](https://signal2forex.com/2019/05/31/usd-jpy-two-scenarios-likely/) - On Thursday, the USD/JPY currency pair dropped to the monthly S3 at 109.12. During Friday’s morning, the pair declined to the support level—weekly S1 at 108.83. If the given support level holds, it is expected, that a reversal north could occur within the following trading hours. In this case, the pair would have to surpass
- [Copper Futures Records New Low; Bias Still Bearish](https://signal2forex.com/2019/05/31/copper-futures-records-new-low-bias-still-bearish/) - Copper futures with delivery on July 2019 are declining with strong momentum over the last three days below the 20- and 40-simple moving averages (SMAs) in the daily timeframe and recording a four-month low of 2.6260 today. The technical indicators are remaining in the bearish territory, with the RSI sloping down in the oversold zone
- [How to Create a Trading Plan in 7 Steps](https://signal2forex.com/2019/04/14/how-to-create-a-trading-plan-in-7-steps/) - Trading Plan – Main Talking Points What is a trading Plan? How to create a trading plan Trading plans: A Summary What is a Trading Plan? A trading plan is essentially a framework that guides traders through the entire trading process. It sets the conditions under which a trader enters trades, identifies markets, exits trades
- [Trading Styles: What Is Your Trading Personality?](https://signal2forex.com/2019/05/01/trading-styles-what-is-your-trading-personality/) - Types of Trading Styles – Main Talking Points: Trading Styles for Highly-Organized Individuals Short on Time Trading Styles for Cautious Individuals with Time to Research Trading Styles for Decisive Individuals who Prefer Instant Results Being Consistent with Your Trading Style Finding Your Trading Personality and Style: A Summary Become a Better Trader with Our Trading
- [Using Stop Loss Orders in Forex Trading](https://signal2forex.com/2019/02/25/using-stop-loss-orders-in-forex-trading/) - Market movements can be unpredictable, and the stop loss is one of the few mechanisms that traders have to protect against excessive losses in the forex market. Stop losses in forex come in different forms and methods of application. This article will outline these various forms including static stops and trailing stops, as well as
- [US 30 Index Completes in New 3-Month High; Momentum Indicators Look Overbought](https://signal2forex.com/2019/02/25/us-30-index-completes-in-new-3-month-high-momentum-indicators-look-overbought/) - The US 30 index has been in a flying mode, recording a new three-month high of 26,179 after the rebound on the 16-month low of 21,596 on December 26, successfully surpassing the 50- and 200-simple moving averages (SMAs) in the daily timeframe. This implies that the short-term picture remains positive, albeit cautiously so, with a
- [USD/JPY Will Squeeze To Break-Out](https://signal2forex.com/2019/02/22/usd-jpy-will-squeeze-to-break-out/) - During the previous trading session, the currency exchange rate was trading sideways below the 61,80% Fibo at 110.60. On Friday morning, the rate was located at the 110.87 mark. In regards to the near-term future, most likely, the US Dollar will bounce off the upper boundary of the freshly drawn medium pattern line at 110.90
- [Market Morning Briefing: Big Movement In Dollar-Yuan](https://signal2forex.com/2019/02/25/market-morning-briefing-big-movement-in-dollar-yuan/) - STOCKS A key development in the US-China trade talks over the weekend has given a boost to the Asian Indices to begin the week on a strong note. The US President’s tweet on Sunday for extending the March 1 deadline of new import tariffs on the Chinese goods has triggered a strong surge in the
- [USD/CAD Zig-Zag Rejection Confirms Bearish Trend](https://signal2forex.com/2019/02/25/usd-cad-zig-zag-rejection-confirms-bearish-trend/) - The USD/CAD has formed a bearish zi-zag with clear rejections as shown in the chart. If the price makes a pullback towards the POC zone, we might see another short selling pressure. The POC zone 1.3190-1.3200 should provide a rejection if the price makes a retracement in the zone. At this point, the price is
- [GBP/USD Surges To 1,3100](https://signal2forex.com/2019/02/22/gbp-usd-surges-to-13100/) - During the previous trading session, the rate passed through the 55-hour simple moving average to end the trading session at the 1,3000 as it was expected. On Friday morning, the British Pound was trading between the 55-hour and the 100-hour simple moving averages at the 1,3022 mark. In regards to the near-term future, most likely,
- [EUR/USD Is Supported By 100-Hour SMA](https://signal2forex.com/2019/02/22/eur-usd-is-supported-by-100-hour-sma/) - On Friday, the European Single Currency was trading between the 55-hour and the 100-hour simple moving average at the 1,1340 mark. In regards to the near-term future, most likely, the 100-hour simple moving average will support the rate to push it to the 1,1360 level. On the other hand, the resistance level of the weekly
- [NZD/USD Bounces Off Support Level](https://signal2forex.com/2019/02/22/nzd-usd-bounces-off-support-level/) - The New Zealand Dollar depreciated about 118 base points against the US Dollar on Thursday. The currency pair revealed a new junior descending channel pattern during yesterday’s trading session. The exchange rate bounced off the bottom border of the channel pattern at 0.6760 during the Asian trading session on Friday. Everything being equal, it is
- [USD/CAD Likely To Decline](https://signal2forex.com/2019/02/22/usd-cad-likely-to-decline/) - The US Dollar appreciated about 78 base points against the Canadian Dollar on Thursday. The surged was stopped by a resistance level formed by the 200-hour simple moving average at 1.3238. As for the near future, it is likely that the currency exchange rate will edge lower towards a support level at 1.3182. A potential
- [USD/JPY Outlook: Bulls Struggle At 111 Zone But 200SMA Barrier Is Still In Focus](https://signal2forex.com/2019/02/22/usd-jpy-outlook-bulls-struggle-at-111-zone-but-200sma-barrier-is-still-in-focus/) - The pair holds within a narrow range on Friday, extending directionless mode into third straight day. Bulls struggle at 111 resistance zone, which guards more significant 200SMA (111.30), break of which would generate bullish signal for continuation of recovery leg from 104.59 (2019 low). Near-term picture remains bullish overall, but daily techs lack momentum and
- [AUD/USD Remains Near 200-Hour SMA](https://signal2forex.com/2019/02/22/aud-usd-remains-near-200-hour-sma/) - The 200-hour simple moving average, located at the 0.7120 regions restricted the Australian Dollar from regaining some of its lost positions against the US Dollar on Thursday. Currently, the exchange rate is trading near the resistance level formed by the 200-hour SMA and could be preparing for a breakout. If this breakout occurs, the next
- [WTI Oil Outlook: Oil Consolidates Under New 2019 High, Bullish Bias Remains Intact Above 100SMA](https://signal2forex.com/2019/02/22/wti-oil-outlook-oil-consolidates-under-new-2019-high-bullish-bias-remains-intact-above-100sma/) - WTI oil regained traction and probes back above $57 handle on Friday, following bearish close on Thursday (the first close in red after six straight bullish days), when the price came under pressure from stronger than expected build in crude stocks (EIA report 3.67 mln bls vs 3.0 mln bls f/c). Dip from new 2019
- [USDJPY Turning Bullish Above 110.80](https://signal2forex.com/2019/02/22/usdjpy-turning-bullish-above-110-80/) - The US dollar is trading above the 110.80 level against the Japanese yen currency, after bullish reports from ongoing trade talks between US and Chinese government officials. Bulls have control of the USDJPY above the 110.80 level and may soon start to challenge the monthly price high, around the 111.12 level. Some caution is advised,
- [USDTRY Continues to Consolidate in a Sideways Range](https://signal2forex.com/2019/02/22/usdtry-continues-to-consolidate-in-a-sideways-range/) - USDTRY remains neutral in the medium-term, staying trapped in a sideways range with an upper bound at 5.55 and a lower end at 5.15 since the beginning of November. Confirming the absence of a trend, the 50- and 200-day simple moving averages (SMAs) are very close to each other and have flattened out. Indeed, the
- [EURCHF Neutral In Both The Short- And Medium-Term](https://signal2forex.com/2019/02/22/eurchf-neutral-in-both-the-short-and-medium-term/) - EURCHF has been trading in a sideways manner during the past few weeks, staying confined in a relatively narrow range between 1.1445 and 1.1305. Attesting to the neutral short-term bias, price action is also taking place between the 50- and 200-day simple moving averages (SMAs). Momentum oscillators are also flat, with the RSI resting near
- [GBPCHF Slips after a Losing Battle at 1.31; Bollinger Band Eyed](https://signal2forex.com/2019/02/22/gbpchf-slips-after-a-losing-battle-at-1-31-bollinger-band-eyed/) - GBPCHF has been pushing hard to overcome the 1.31 resistance the past two days, but the bulls soon got exhausted, letting the bears to take control. The pair is currently trading below its 20-period moving average (MA) in the four-hour chart, while in momentum indicators, the RSI has exited the bullish territory and the MACD
- [GBPAUD Eases above Short-Term Uptrend Line; Indicators Slope Down](https://signal2forex.com/2019/02/22/gbpaud-eases-above-short-term-uptrend-line-indicators-slope-down/) - GBPAUD is paring yesterday’s gains significantly above the 23.6% Fibonacci retracement level of the upleg from 1.6160 to the 28-month high of 1.8730. The technical indicators have a steeper negative slope now. The RSI is heading towards the neutral threshold of 50, while the stochastic is moving down, attempting a bearish cross within the %K
- [Market Morning Briefing: Dollar-Yuan Dipped Below 6.70 Yesterday](https://signal2forex.com/2019/02/22/market-morning-briefing-dollar-yuan-dipped-below-6-70-yesterday/) - STOCKS The rally in the global indices seem to be losing steam. A near-term corrective fall looks likely in Dow, Nikkei and Shanghai on the back of some profit-taking. On the Indian front, the Sensex and Nifty have moved up closer to their key resistances. Whether the indices breaks the resistance or not will decide
- [Gold ETFs Reducing Their Holdings](https://signal2forex.com/2019/02/22/gold-etfs-reducing-their-holdings/) - Fundamental Analysis Looking at the ETF data, SPDR gold shares, the biggest-metals ETF, it becomes clear that the demand is still somewhat weak because the holdings of gold have gone down by 160,614 ounces. However, investors are increasing their holdings in other metals such as silver and platinum, both up by 117,343 and 18,003 troy
- [Silver Eases Below 7-Month High; Bullish in Near Term](https://signal2forex.com/2019/02/21/silver-eases-below-7-month-high-bullish-in-near-term/) - Silver retreated after jumping towards a new seven-month high of 16.20 during Wednesday’s session. The bullish picture in the very short-term looks to last for a while longer as prices remain above the 20- and 40-simple moving averages (SMAs). Also, the price failed to slip below the red Tenkan-sen line and is holding above the
- [US 100 Index Still Positive, But Correction May Be Looming](https://signal2forex.com/2019/02/21/us-100-index-still-positive-but-correction-may-be-looming/) - The US 100 index continues to print higher lows and higher highs on the daily chart, after it bottomed on December 26. The short-term picture thus remains somewhat positive, though the inability of the bulls to pierce above the 200-day simple moving average (SMA) is worrisome and suggests some cause for caution. Indeed, short-term oscillators
- [Types of Forex Orders](https://signal2forex.com/2019/02/21/types-of-forex-orders/) - There are many different types of forex orders, which traders use to manage their trades. While these may vary between different brokers, there tends to be several basic FX order types all brokers accept. Knowing what these are and having a firm understanding can help traders to enter and exit the market appropriately. Order types
- [AUDJPY Trapped in a Narrow Range, Neutral in the Short-Run](https://signal2forex.com/2019/02/21/audjpy-trapped-in-a-narrow-range-neutral-in-the-short-run/) - AUDJPY has been stuck in a narrow sideways range, with an upper bound at 79.80 and a lower bound at 77.40, since early January. In light of this, the short-term picture is neutral, with a break on either side of this range needed to provide the broader directional bias. Both the RSI and the MACD
- [WTI OIL Outlook: Bulls Look For Extension After Break Of 100SMA But Risk Of Pullback Exists](https://signal2forex.com/2019/02/21/wti-oil-outlook-bulls-look-for-extension-after-break-of-100sma-but-risk-of-pullback-exists/) - WTI oil consolidates below new 2019 high ($57.58) on Thursday, after Wednesday’s advance eventually broke above falling 100SMA ($56.74) which obstructed bulls in past two days. Prevailing bullish sentiment was boosted by fresh optimism over US/China trade conflict on news that signaled that two countries are step closer to reach deal. API report, released on
- [Market Morning Briefing: The Aussie Saw A Sharp Rise To 0.7206 Today](https://signal2forex.com/2019/02/21/market-morning-briefing-the-aussie-saw-a-sharp-rise-to-0-7206-today/) - STOCKS Indian equities get a breather, finally. Both Sensex and Nifty 50 has bounced sharply yesterday and have room to move further higher in the near term (see below). Other global indices retain their bullish sentiment. Dow Jones (25954.44, +63.12, +0.24%) continues to inch higher. It has a resistance near 26050. A strong break above
- [EURJPY Still In Positively Sloped Channel, Bullish Correction In Progress](https://signal2forex.com/2019/02/20/eurjpy-still-in-positively-sloped-channel-bullish-correction-in-progress/) - EURJPY is trading slightly below the 50% Fibonacci retracement level of the downleg from 133.10 to 118.57, around 125.85, surpassing the bullish crossover of the 20- and 40-simple moving averages in the 4-hour chart. The pair has been struggling in an upward sloping channel since January 15 with the technical indicators remaining in the positive
- [UK 100 Index Retreats from 4-Month High; Bullish in Near Term](https://signal2forex.com/2019/02/20/uk-100-index-retreats-from-4-month-high-bullish-in-near-term/) - UK 100 stock index (FTSE 100) has declined considerably after touching the four-month high of 7265 on February 15. During Thursday’s trading, the price has gained some ground, while it is currently not far below the 50.0% Fibonacci retracement level of the downleg from 7900 to 6533, near 7220. The flatly aligned Tenkan- and Kijun-sen
- [WTI OIL Outlook: Bulls Take a Breather after Triple Upside Rejection; Crude Inventories in Focus for Fresh Signals](https://signal2forex.com/2019/02/20/wti-oil-outlook-bulls-take-a-breather-after-triple-upside-rejection-crude-inventories-in-focus-for-fresh-signals/) - WTI oil price holds in red and eases from 2019 high after bulls faced triple rejection at falling 100SMA. Corrective easing could be anticipated as daily slow stochastic reverses in deep overbought zone and momentum turned in neutral mode. Tuesday’s Doji signaled indecision, adding to signs of bulls losing traction and subsequent consolidative/corrective phase.- advertisement
- [EUR/USD Aand USD/CHF: US Dollar Buyers Losing Grip](https://signal2forex.com/2019/02/20/eur-usd-aand-usd-chf-us-dollar-buyers-losing-grip/) - EUR/USD formed support near the 1.1250 level and later bounced back above 1.1320. USD/CHF started a major decline and broke the 1.0040 and 1.0020 support levels. Important Takeaways for EUR/USD and USD/CHF The Euro formed a solid support near the 1.1250 level and rebounded against the US Dollar. There was a break above a major
- [EUR/JPY Breakout Occurs](https://signal2forex.com/2019/02/20/eur-jpy-breakout-occurs/) - The single European currency appreciated about 77 base points against the Japanese Yen on Tuesday. The currency pair broke a dominant descending channel during yesterday’s trading session. The exchange rate began Wednesday’s session with an upside movement. The pair tested the upper boundary of a junior ascending channel during the Asian session. Most likely, the
- [EURGBP Remains Weak And Vulnerable To The Downside](https://signal2forex.com/2019/02/19/eurgbp-remains-weak-and-vulnerable-to-the-downside/) - EURGBP remains weak and vulnerable to the downside as it looks for more decline. On the downside, support stands at the 0.8700 level where a violation will turn focus to the 0.8650 level. A break below here will aim at the 0.8600 level. Its daily RSI is bearish and pointing lower suggesting further decline. Conversely,
- [GBPUSD 1.2900 Remains Key](https://signal2forex.com/2019/02/19/gbpusd-1-2900-remains-key/) - The British pound is coming under moderate selling pressure against the US dollar after wage and employment data from the United Kingdom economy came in slightly worse than expected. The GBPUSD pair continues to retain an intraday bullish trading bias, with price holding above the important 1.2900 support level. If bulls can break the 1.2960
- [GBP/USD Outlook: Sterling Advances Through Key Barrier, Boosted by Strong Jobs Data](https://signal2forex.com/2019/02/19/gbp-usd-outlook-sterling-advances-through-key-barrier-boosted-by-strong-jobs-data/) - Cable enters American session on Tuesday firmly in green and above pivotal barrier at 1.2942 (Fibo 38.2% of 1.3217/1.2772 / daily Kijun-sen). The pair ticked lower after release of UK jobs data, as markets were initially disappointed after earnings came at 3.4% in three months to December, missing 3.5% forecast, however, data were solid, as
- [WTI Oil Outlook: Bulls Are Taking A Breather Under 100SMA](https://signal2forex.com/2019/02/19/wti-oil-outlook-bulls-are-taking-a-breather-under-100sma/) - WTI oil price holds within tight range under new 2019 high posted after strong 5-day advance, showing hesitation on approach to strong barrier at $56.92 (falling 100SMA). Bulls are running out of steam as daily slow stochastic is turning south in deep overbought territory and momentum moved lower and is creating bear-cross. Strong rally from
- [Elliott Wave View: S&P 500 (SPX) Rallies As An Impulse](https://signal2forex.com/2019/02/19/elliott-wave-view-sp-500-spx-rallies-as-an-impulse/) - Since bottoming at 2346.58 on December 26, 2018, S&P 500 (SPX) has rallied 18% in less than 2 months. The structure of the rally appears like an Impulse Elliott Wave structure. An Impulse structure is a 5 waves move. The Index is now within wave ((3)) of the possible 5 waves move from December 26
- [INDICES: German DAX Retraces From Its Resistance](https://signal2forex.com/2019/02/18/indices-german-dax-retraces-from-its-resistance/) - Bulls can step in if the price kisses the 50-day moving average. However, a break of this moving average could increase more selling pressure. The German Dax index is trading above the upward trend line on an 8-hour time frame and this confirms that the uptrend is still intact. The further strength for this argument
- [Gold Records 3-Week High, Ichimoku Suggests Further Gains](https://signal2forex.com/2019/02/18/gold-records-3-week-high-ichimoku-suggests-further-gains/) - Gold prices edged sharply higher in the previous days, hitting a more than two-week high earlier today. Also, the metal is approaching the eight-month high of 1326 and a successful jump above this strong barrier would resume the bullish outlook. The RSI indicator is holding around the overbought zone and the 70 level, while the
- [EUR/USD Outlook: Recovery Extends Near Pivotal Fibo Barrier But Risk of Stall Exists](https://signal2forex.com/2019/02/18/eur-usd-outlook-recovery-extends-near-pivotal-fibo-barrier-but-risk-of-stall-exists/) - The Euro enters the US session at the front foot as recovery extended in European session and reached high just ticks ahead of key barrier at 1.1341 (Fibo 38.2% of 1.1514/1.1234/last week’s highs. Fresh risk appetite on trade optimism keeps the Euro supported, along with reversed momentum and north-heading stochastic. However, bulls need to register
- [EURNZD Recovers from 2-Month Low after Hitting Lower Bollinger Band](https://signal2forex.com/2019/02/18/eurnzd-recovers-from-2-month-low-after-hitting-lower-bollinger-band/) - EURNZD has declined considerably over the previous three days, recording a new two-month low around 1.6408 and touching the lower Bollinger Band. Currently, the price is paring some of the losses, approaching the 1.6500 handle. Technical indicators in the daily timeframe are reversing back to the upside. The stochastic oscillator is turning higher in the
- [NZD/USD Remains Near 50-Hour SMA](https://signal2forex.com/2019/02/15/nzd-usd-remains-near-50-hour-sma/) - The New Zealand Dollar appreciated about 56 base points against the US Dollar on Thursday. The currency pair tested the upper boundary of a junior descending channel pattern at 0.6855 during Thursday’s trading session. As for the near future, it is likely that the NZD/USD exchange rate will decline towards a support level formed by
- [GBP/USD Climbing Higher While USD/CAD Slides Further](https://signal2forex.com/2019/02/18/gbp-usd-climbing-higher-while-usd-cad-slides-further/) - GBP/USD recovered nicely and broke the 1.2840 and 1.2880 resistance levels. USD/CAD is under bearish pressure and it could revisit the 1.3200 support area. Important Takeaways for GBP/USD and USD/CAD The British Pound found support near 1.2770 and later recovered above the 1.2840 resistance. There is a key connecting bearish trend line formed with resistance
- [USD/CAD Target At 1.3371](https://signal2forex.com/2019/02/15/usd-cad-target-at-1-3371/) - The US Dollar has been trading in a junior ascending channel pattern against the Canadian Dollar since the beginning of February. The currency pair breached the monthly pivot point at 1.3302 during yesterday’s session. Given that the currency exchange rate has breached the monthly PP as mentioned above, bullish traders could push the pair towards
- [EUR/USD Declines To S2 At 1.1229](https://signal2forex.com/2019/02/15/eur-usd-declines-to-s2-at-1-1229/) - During the previous trading session, the European Single Currency was resisted by the 55-hour simple moving average to pass the support level of the weekly S1 at 1.1276. On Friday morning, the rate was located at the 1.1265 mark. In regards to the near-term future, most likely, the currency exchange rate will depreciate to the
- [XAU/USD Surges To 1,320.00](https://signal2forex.com/2019/02/15/xau-usd-surges-to-1320-00/) - During the previous trading session, the yellow metal appreciated against the US Dollar to break the resistances of the simple moving averages. On Friday morning, the rate was supported by the 200-hour and the 100-hour SMAs to trade at the 1,316.06 mark. In regards to the near-term future, it is expected that the 100-hour and
- [GBP/USD Will Fall To 1.2760](https://signal2forex.com/2019/02/15/gbp-usd-will-fall-to-1-2760/) - During the previous trading session, the British Pound passed through the support level of the weekly S1 at 1.2831. On Friday morning, the rate was located at the 1.2805 mark. In regards to the near-term future, most likely, the British Pound will depreciate against the US Dollar to the 1.2760 mark. On the other hand,
- [USD/JPY Is Supported By 200-Hour SMA](https://signal2forex.com/2019/02/15/usd-jpy-is-supported-by-200-hour-sma/) - During the previous trading session, the USD/JPY passed through the support level of the weekly R1 at 110.51. On Friday morning, the 200-hour simple moving average supported the rate to push it to trade at the 110.38 mark. In regards to the near-term future, it is expected that the currency exchange rate will trade sideways
- [USD/JPY Outlook: Risk Of Deeper Pullback On Break Below 10SMA](https://signal2forex.com/2019/02/15/usd-jpy-outlook-risk-of-deeper-pullback-on-break-below-10sma/) - The pair stands at the back foot on Friday after double rejection under important 200SMA barrier and downbeat US retail sales on Thursday hurting the greenback. Bearish extension in early Friday pressures pivotal supports at 110.22/19 (broken Fibo 61.8% / rising 10SMA), close below which would generate negative signal for deeper pullback. Stochastic on daily
- [WTI Oil Outlook: Bulls Probe Above Daily Cloud As OPEC Production Cut Underpins Oil Prices](https://signal2forex.com/2019/02/15/wti-oil-outlook-bulls-probe-above-daily-cloud-as-opec-production-cut-underpins-oil-prices/) - WTI oil price cracked the top of falling daily cloud ($55.15) on Friday, extending advance into fourth straight day. Voluntary production cut by OPEC members and their allies in order to tighten oil market, started giving results, with signals for increased reduction by over half a million bpd in March, adding to positive outlook. Also,
- [Brent Oil Outlook: Brent Hits New 2019 High](https://signal2forex.com/2019/02/15/brent-oil-outlook-brent-hits-new-2019-high/) - Brent oil cracked psychological $65.00 barrier on Friday and hit new 2019, in extension of the rally in past three days which generated bullish signal on Thursday’s close above pivotal barriers at $64.12/19 (daily cloud top / Fibo 38.2% of $86.73/$50.25 fall). Weekly close above these barriers is needed to confirm break and expose next
- [USDCHF Backs Off Higher Prices On Loss Of Momentum](https://signal2forex.com/2019/02/16/usdchf-backs-off-higher-prices-on-loss-of-momentum/) - USDCHF backs off higher prices on loss of upside momentum on Friday. This development leaves risk of more weakness on the cards. Resistance comes in at the 1.0100 level. A break of here will clear the way for more gain towards the 1.0150 level. Above here, resistance lies at the 1.0200 level and then the
- [GBPUSD 1.2830 Level Key Resistance](https://signal2forex.com/2019/02/15/gbpusd-1-2830-level-key-resistance/) - The British pound has started to trade above the 1.2800 level against the US dollar after UK Retail Sales data came in much better than markets had been expecting. GBPUSD buyers need to move price above the 1.2830 level to negate the bearish intraday outlook surrounding the pair. If sellers move price below the 1.2790
- [USDCHF Edges Higher; Bullish Phase Remains Intact](https://signal2forex.com/2019/02/15/usdchf-edges-higher-bullish-phase-remains-intact/) - USDCHF has moved considerably higher after the touch on the ascending trend line, recording a new three-month high of 1.0097 on Thursday. The price climbed well above the 20- and 40-simple moving averages (SMAs) in the daily timeframe, while the RSI is sloping marginally up in the positive zone and the MACD oscillator is strengthening
- [EURUSD Further Weakness Expected](https://signal2forex.com/2019/02/15/eurusd-further-weakness-expected/) - The euro continues to edge lower against the US dollar on Friday, with the single currency coming under selling pressure over fears about possible US trade tariff on German imports. The key technical support region to watch is 1.1260 level, sustained weakness below this area is likely to provoke selling towards the 1.1215 level. The
- [GBP/JPY Sellers In Control](https://signal2forex.com/2019/02/15/gbp-jpy-sellers-in-control/) - Short term Elliott wave view in GBPJPY favors further downside due to the 5 swing sequence from Jan 26 high (144.84). We are calling the structure of the decline from 144.84 as an Impulse Elliott Wave. An impulse is a 5 waves move where subdivision of wave 1, 3, and 5 is also in 5
- [Technical Analysis Tips from Wall Street pro Helene Meisler | Podcast](https://signal2forex.com/2019/02/15/technical-analysis-tips-from-wall-street-pro-helene-meisler-podcast/) - Key points covered in this podcast - How to go beyond ‘chart reading’ and enrich your analysis - Why stocks considered ‘down and out’ might be good picks - The advantages of posting charts by hand Helene Meisler is an experienced and respected market technician and columnist for Real Money. In this edition of our
- [GBPJPY Tests the Lower Boundary of the Descending Channel](https://signal2forex.com/2019/02/15/gbpjpy-tests-the-lower-boundary-of-the-descending-channel/) - GBPJPY has been trading within a negatively sloping channel over the last three weeks, with the bears challenging the lower boundary today. Currently, the price holds well below the 20-and 40-simple moving averages (SMAs) in the 4-hour chart, which are ready to post a bearish crossover. Having a look at the technical indicators, the RSI
- [Brent Crude Oil Futures Advance above Ascending Channel; Reach 3-Month Peak](https://signal2forex.com/2019/02/14/brent-crude-oil-futures-advance-above-ascending-channel-reach-3-month-peak/) - Brent crude oil futures are holding slightly below the three-month high of 64.80 after the aggressive bullish run above the ascending sloping channel. The MACD oscillator suggests that the market might improve in the coming sessions as it is moving upwards, however, the RSI indicator seems to be overbought as it reached the 70 level
- [GBP/USD: Weakens On Further Bear Pressure Towards 1.2720 Zone](https://signal2forex.com/2019/02/14/gbp-usd-weakens-on-further-bear-pressure-towards-1-2720-zone/) - GBPUSD weakens on further bear pressure towards 1.2720 zone following its Wednesday losses. Support sits at 1.2750 level. Further down, support comes in at the 1.2700 level where a break will turn focus to the 1.2650 level. Further down, support lies at the 1.2600 level. Below here will set the stage for more weakness towards
- [EUR/USD Brakes Small Pattern](https://signal2forex.com/2019/02/14/eur-usd-brakes-small-pattern/) - The European Single Currency passed through the strong support level of the small pattern line at 1.1309. On Thursday morning, the rate was resisted by the 55-hour and the 100-hour SMAs to push the rate to the 1.1265 mark. Note, some corrections were applied to the chart! In regards to the near-term future, it is
- [GBPCAD Builds Base around 50.0% Fibonacci; Remains in Upward Range](https://signal2forex.com/2019/02/14/gbpcad-builds-base-around-50-0-fibonacci-remains-in-upward-range/) - GBPCAD hit the 1.6970 support again following last week’s pullback from the 1.7270 resistance level, slipping below the 20-and 40-simple moving averages (SMAs) in the daily timeframe. The pair has been trading within an ascending sloping channel over the last six months, despite the upside spikes towards 1.7530. The short-term bias looks negative as the
- [Gold Buyers Should Appear Soon](https://signal2forex.com/2019/02/14/gold-buyers-should-appear-soon/) - Elliott wave view in Gold suggests that rally from August 16, 2018 low ($1160.37) is unfolding as an Elliott Wave Impulse structure. Rally to $1326.53 ended wave (3). Wave (4) pullback is in progress as a double three Elliott Wave structure. Down from $1326.53, wave W ended at $1302.4 and wave X ended at $1318.17.
- [GBPAUD Slide Stops Around 20-day SMA; Positive Risks Not Faded Yet](https://signal2forex.com/2019/02/13/gbpaud-slide-stops-around-20-day-sma-positive-risks-not-faded-yet/) - GBPAUD is recording the third day of losses after a failed attempt to break significantly above the 1.8340 resistance level last Friday. Chances for a short-term reversal are increasing as the price is dropping below the 20-day simple moving average (SMA), while the technical indicators have a steeper negative slope now. The RSI is heading
- [GBP/USD Outlook: Roller Coaster Action on High Volatility; Weak CPI Weighs; 100SMA Remains Key](https://signal2forex.com/2019/02/13/gbp-usd-outlook-roller-coaster-action-on-high-volatility-weak-cpi-weighs-100sma-remains-key/) - Cable hit daily low at 1.2870 in early American session on Wednesday, on fresh weakness from daily high at 1.2958, hit after sizeable buy order was triggered minutes before noon fix. Sterling returned to bearish mode after UK inflation dropped below 2% and hit lowest level in two years (Jan CPI y/y 1.8% vs 1.9%
- [NZDJPY Jumps Higher But Capped By Upper Bollinger Band](https://signal2forex.com/2019/02/13/nzdjpy-jumps-higher-but-capped-by-upper-bollinger-band/) - NZDJPY is looking strongly bullish in the short term after surging above its daily moving averages (MA) on Wednesday. Prices hit a one-week high of 75.79 and the technical indicators are all pointing to further positive momentum in the near term. The stochastics are heading upwards, but the %K line has yet to cross above
- [Top 5 Benefits of Using Entry Orders in Forex Trading](https://signal2forex.com/2019/02/13/top-5-benefits-of-using-entry-orders-in-forex-trading/) - Entry orders are a valuable tool in forex trading. Traders can strategize to come up with a great trading plan, but if they can’t execute that plan effectively, all their hard work might as well be thrown out the window. The forex market is open 24 hours a day, so this means no trader can
- [XAU/USD Is Supported By SMAs](https://signal2forex.com/2019/02/13/xau-usd-is-supported-by-smas/) - During Tuesday’s trading session, the yellow metal was trading between the 200-hour and the 100-hour SMAs. During Wednesday’s morning hours, the 100-hour simple moving average supported the rate at the 1,310.50 mark. In regards to the near-term future, it is expected that the 55-hour and the 100-hour SMAs will push the rate to break the
- [AUDUSD Pares Some Losses In Short Term, Hits 40-Day SMA](https://signal2forex.com/2019/02/13/audusd-pares-some-losses-in-short-term-hits-40-day-sma/) - AUDUSD has been paring some of the previous days’ losses since yesterday, following the rebound on the 0.7050 support level. Currently, the price is challenging the 40-simple moving average (SMA) in the daily timeframe, successfully surpassing the 23.6% Fibonacci retracement level of the downleg from the 32-month high of 0.8135 to the 10-year low of
- [EURAUD on Slippery Slope; Bears Break 1.5900](https://signal2forex.com/2019/02/12/euraud-on-slippery-slope-bears-break-1-5900/) - EURAUD is retreating near 1.5900 below the 23.6% Fibonacci retracement level of the upleg from 1.3625 to 1.6558, approaching the mid-level of the Bollinger Band (20-simple moving average) in the daily chart. Over the last month, the price has been moving sideways in the Bollinger Band within the 1.5715 support and the 1.6035 resistance. The
- [GBPUSD – Risk of Fresh Weakness Rises after 100SMA Capped Recovery Attempts](https://signal2forex.com/2019/02/12/gbpusd-risk-of-fresh-weakness-rises-after-100sma-capped-recovery-attempts/) - Recovery rally from new three-week low at 1.2832 that commenced in early European trading on Tuesday, showed signs of stall in early hours of American session, as broken 100SMA (1.2890) managed to cap corrective action. In my morning forecast I pointed at 100SMA as ideal cap for positioning ahead of fresh weakness, after strong bearish
- [Forex Spreads Trading Strategies & Tips](https://signal2forex.com/2019/02/12/forex-spreads-trading-strategies-tips/) - This article will explore top forex spread trading techniques and key tips traders should follow to protect themselves against a widening spread. The forex spread is the difference in price between the bid (buy) and the ask (sell) price. The spread can widen and narrow depending on a variety of reasons, which we get into
- [USD/CHF Nearing a Make-or-Break Test of Resistance](https://signal2forex.com/2019/02/12/usd-chf-nearing-a-make-or-break-test-of-resistance/) - If you had checked USD/CHF’s exchange rate at Friday’s close and a mere 30 minutes after Monday’s open, you wouldn’t think anything was amiss…at least if you didn’t have any stop losses within 100 pips! As the charts show (and anyone who experienced it live can viscerally recall), the Swiss franc went for a big
- [GBPUSD Breakdown Continues](https://signal2forex.com/2019/02/12/gbpusd-breakdown-continues/) - The British pound has continued to slip lower against the US dollar during the European trading session, with the pair touching a three-week trading low. The 1.2830 level is now key support, with near-term weakness in the GBPUSD pair expected while price trades below the 1.2850 level. Brexit uncertainty, technical selling and overall US dollar
- [EURUSD Heavily Bearish Below 1.1300](https://signal2forex.com/2019/02/12/eurusd-heavily-bearish-below-1-1300/) - The euro is trading at its weakest level against the US dollar since December last year after sellers finally broke through the important 1.1300 support level. If sellers can move the EURUSD pair below the 1.1260 level, a further decline towards the 1.1215 support region appears possible. It is worth noting that the 1.1300 level
- [Market Morning Briefing: Dollar Yen Could Continue To Rise While Dollar Index Rises Towards 98](https://signal2forex.com/2019/02/12/market-morning-briefing-dollar-yen-could-continue-to-rise-while-dollar-index-rises-towards-98/) - STOCKS Most of the indices broadly remain bearish although there is room for an intermediate bounce in them. Shanghai is making a strong come-back after its long holiday and is outperforming other indicies. Dow Jones (25,053.11, -53.22, -0.21%) is hovering above its key support level of 25,000. Near-term resistance is at 25,100. While it holds,
- [USDJPY Rallies With Eyes On Key Resistance At 111.01 Level](https://signal2forex.com/2019/02/11/usdjpy-rallies-with-eyes-on-key-resistance-at-111-01-level/) - USDJPY rallies with eyes on key resistance at 111.01 level. On the upside, resistance comes in at 111.50 level. Above this level will turn attention to the 112.00 level. Further out, we expect a possible move towards the 112.50 level. A cut through here will open the door for more gain towards the 113.00. Its
- [US 500 Stock Index Finds Resistance at 200-SMA, Hovers Around 61.8% Fibonacci](https://signal2forex.com/2019/02/11/us-500-stock-index-finds-resistance-at-200-sma-hovers-around-61-8-fibonacci/) - US 30 stock index found strong resistance obstacle at the 200-simple moving average (SMA) in the daily timeframe, hovering around the 61.8% Fibonacci retracement level of the downleg from 2,940 to 2,332, near 2,708. The short-term technical indicators support this notion as the RSI is marginally pointing upwards in the positive area, while the MACD
- [GBP/USD Outlook: Cable Breaks Below 1.29 Pivots; Weak UK Data Added to Negative Sentiment](https://signal2forex.com/2019/02/11/gbp-usd-outlook-cable-breaks-below-1-29-pivots-weak-uk-data-added-to-negative-sentiment/) - Cable remains at the back foot in early American trading on Monday and probes below pivotal 1.29 support zone, after weak UK data further soured the sentiment. Sterling entered the third week deeply in red, pressured by Brexit concerns and stronger dollar, with downbeat UK GDP data today, adding to bearish sentiment. Data showed that
- [Crude Oil Turning Down](https://signal2forex.com/2019/02/11/crude-oil-turning-down/) - Pivot (invalidation): 52.60 Our preference Short positions below 52.60 with targets at 51.70 & 51.30 in extension. Alternative scenario Above 52.60 look for further upside with 53.00 & 53.40 as targets.- advertisement - Comment The RSI shows downside momentum. For traders: our Portfolio of forex robots for automated trading has low risk and stable
- [EUR/USD At Clear Risk Of Further Declines](https://signal2forex.com/2019/02/11/eur-usd-at-clear-risk-of-further-declines/) - Key Highlights The Euro formed a significant top at 1.1514 and declined heavily against the US Dollar. EUR/USD broke a few important supports such as 1.1440 and 1.1400.- advertisement - The German Trade Balance in Dec 2018 posted a surplus of €19.4B, better than the €18.4B forecast. UK GDP for Q4 2016 (Preliminary) will
- [WTI Oil Outlook: Oil Price Remains Pressured But Key Supports Still Hold](https://signal2forex.com/2019/02/08/wti-oil-outlook-oil-price-remains-pressured-but-key-supports-still-hold/) - WTI oil ticked lower on Friday but holds above Thursday’s low at $51.78, posted after nearly 2.5% daily fall. Oil remains at the back foot following double-failure at pivotal $55.55 Fibo barrier (38.2% retracement of $76.88/$42.36 descend), with negative sentiment being boosted by growing worries about global economic slowdown that offsets positive impact from OPEC-led
- [USDJPY Bulls Still In Charge](https://signal2forex.com/2019/02/08/usdjpy-bulls-still-in-charge/) - The US dollar is trading in a narrow range against the Japanese yen currency on Friday, although the overall bullish bias in the USDJPY pair remains intact as price still trades comfortably above the 109.60 level. The bullish inverted head and shoulders pattern on the four-hour time frame is also still valid. Traders should be
- [EURUSD Under Bearish Attack](https://signal2forex.com/2019/02/08/eurusd-under-bearish-attack/) - The euro has fallen to a fresh monthly trading low against the US dollar during the European trading session, as German bond yields come under pressure. If sellers can break the 1.1300 level, the 1.1280 level is the next major support area to watch. The RSI indicator on the four-hour time frame shows that the
- [ETH/USD 4H Chart: Pressure By 50-Hour SMA](https://signal2forex.com/2019/02/08/eth-usd-4h-chart-pressure-by-50-hour-sma/) - The Ethereum cryptocurrency has been trading between the upper and lower boundaries of a horizontal channel for the past week. The 50-hour simple moving average was providing resistance for the pair at 110.3 during the previous trading sessions. Everything being equal, it is likely that the 50-hour SMA could push the cryptocurrency towards a support
- [BTC/USD 4H Chart: Trading Sideways](https://signal2forex.com/2019/02/08/btc-usd-4h-chart-trading-sideways/) - The Bitcoin cryptocurrency has been moving sideways against the US Dollar since January 29. The pair was trading between the upper and lower boundaries of a horizontal channel. As for the near future, it is likely that the BTC/USD currency pair continues its movement down. The potential target for the blockchain will be near a
- [XAU/USD Is Resisted By 100-Hour SMA](https://signal2forex.com/2019/02/08/xau-usd-is-resisted-by-100-hour-sma/) - During Thursday’s trading session, the yellow metal broke the resistance of the monthly pivot point at 1,308.46 to end the trading session at 1,309.46. On Friday morning, the gold was resisted by the 100-hour simple moving average at the 1,309.83 mark. In regards to the near-term future, it is expected that the 100-hour simple moving
- [USD/JPY Will Surge To 110.00](https://signal2forex.com/2019/02/08/usd-jpy-will-surge-to-110-00/) - During Thursday’s trading session, the currency exchange rate was resisted by the 55-hour simple moving average to trade sideways at 109.60. On Friday morning, the rate was supported by the 55-hour SMA at the 109.81 mark. In regards to the near-term future, most likely, the 100-hour and the 55-hour simple moving averages will support the
- [GBP/USD Will Stay At 1.2900](https://signal2forex.com/2019/02/08/gbp-usd-will-stay-at-1-2900/) - During Thursday’s trading session, the currency exchange rate jumped by 142 pips or 1.11% to the 1.3000 mark. On Friday morning, the rate was located between the 55-hour and the 100-hour simple moving averages at the 1.2949 mark. In regards to the near-term future, most likely, the rate will trade sideways to stay at the
- [GBPJPY Faces Recovery Risk On Price Rejection](https://signal2forex.com/2019/02/08/gbpjpy-faces-recovery-risk-on-price-rejection/) - GBPJPY faces recovery risk on price rejection following its Thursday price rejection. On the downside, support comes in at the 142.00 level where a violation will aim at the 141.50 level. A break below here will target the 141.00 level followed by the 140.50 level. Its daily RSI is bearish and pointing lower suggesting further
- [USD/CAD Outlook: Upbeat Canada Jobs Data Accelerate Pullback after Thick Cloud Base Capped Strong Advance](https://signal2forex.com/2019/02/08/usd-cad-outlook-upbeat-canada-jobs-data-accelerate-pullback-after-thick-cloud-base-capped-strong-advance/) - The pair accelerated lower on Friday following double upside rejection at strong barriers provided by the base of thick daily cloud and 55SMA (1.3317/32). Better than expected Canada’s Jan housing/labor data added to loonie’s fresh strength. Canada’s housing starts beat forecast in Jan (208K vs 205K f/c) while upbeat jobs data showed 66.8K new jobs
- [XAU/USD Outlook: Gold Recovers as Dollar Bulls Take Breather; 10SMA Would Be a Trigger](https://signal2forex.com/2019/02/08/xau-usd-outlook-gold-recovers-as-dollar-bulls-take-breather-10sma-would-be-a-trigger/) - Spot gold holds positive tone for the second day as week-long dollar’s rally is losing traction and may take a breather on overbought conditions. Recovery extension hit high at $1315, retracing 50% of $1326/$1302 pullback and signaling formation of higher low at $1302 (07 Feb low). Fresh strength looks for confirmation on daily close above
- [EUR/USD Depreciates To S1 At 1.1301](https://signal2forex.com/2019/02/08/eur-usd-depreciates-to-s1-at-1-1301/) - During Thursday’s trading session, the currency exchange rate was retraced by the 55-hour simple moving average to trade sideways at 1.1320. On Friday morning, the rate was located at the 1.1330 mark. In regards to the near-term future, most likely, the European Single Currency will bounce off the monthly S1 at 1.1301 passing the small
- [Elliott Wave Analysis: GBP/USD Unfolding A Minimum, Three-Wave Bullish Reversal](https://signal2forex.com/2019/02/08/elliott-wave-analysis-gbp-usd-unfolding-a-minimum-three-wave-bullish-reversal/) - GBPUSD made a nice break higher, through the upper Elliott wave channel line, which is the first evidence of a completed decline and that a minimum three-wave recovery in is progress. We labelled wave A)/1) as completed, that is now being followed by wave B)/2) which can look for temporary support around the Fibonacci ratio
- [EUR/USD Watch 1.1300](https://signal2forex.com/2019/02/08/eur-usd-watch-1-1300/) - Pivot (invalidation): 1.1360 Our preference Short positions below 1.1360 with targets at 1.1320 & 1.1300 in extension. Alternative scenario Above 1.1360 look for further upside with 1.1380 & 1.1400 as targets.- advertisement - Comment As Long as 1.1360 is resistance, look for choppy price action with a bearish bias. For traders: our Portfolio of
- [Market Morning Briefing: Aussie Is Headed Towards 0.70](https://signal2forex.com/2019/02/08/market-morning-briefing-aussie-is-headed-towards-0-70/) - STOCKS Renewed concerns on the US-China trade war has taken some profits off the table from the US equities. A downward revision in growth from the Bank of England and the European Union have triggered a sharp fall in the Euro region. The Asians are felling the pressure from the overnight sell-off in the global
- [GBP/JPY 4H Chart: Sets For Breakout](https://signal2forex.com/2019/02/07/gbp-jpy-4h-chart-sets-for-breakout/) - The British Pound has depreciated about 1.99% in values against the Japanese Yen since January 25. The exchange rate is currently trading near the lower boundary of a junior ascending channel pattern at 142.01. If the currency pair passes the bottom border of the channel pattern, a decline towards a support cluster formed by the
- [GBPUSD Remains Vulnerable To The Downside On Bear Pressure](https://signal2forex.com/2019/02/07/gbpusd-remains-vulnerable-to-the-downside-on-bear-pressure/) - GBPUSD remains vulnerable to the downside as more weakness is expected in the days ahead.Support is seen at 1.2900 level. Further down, support comes in at the 1.2850 level where a break will turn focus to the 1.2800 level. Further down, support lies at the 1.2750 level. Below here will set the stage for more
- [Gold Trading Near Critical Level](https://signal2forex.com/2019/02/07/gold-trading-near-critical-level/) - Gold bulls have lost their momentum and the price is threatening the psychological level of $1,300. The bulls must defend this level, otherwise, it is highly that the bears will drive the price all the way to $1,270 mark. The weakness in the gold price is mainly due to the strength in the dollar index-
- [Market Morning Briefing: Dollar Yen Continues To Trade Below 110.50](https://signal2forex.com/2019/02/07/market-morning-briefing-dollar-yen-continues-to-trade-below-110-50/) - STOCKS Dow retains its strength and remains bullish while DAX has paused near a key resistance. Among the Asians, while the resistance in Nikkei has held well and keeps the near-term view negative, the Indian benchmark indices, the Sensex and the Nifty 50 has broken their respective resistances. Though the Indian indices looks bullish, RBI
- [GBPCAD Stops Below 40-SMA; Stands in Ascending Channel](https://signal2forex.com/2019/02/07/gbpcad-stops-below-40-sma-stands-in-ascending-channel/) - GBPCAD is holding below the 20- and 40-simple moving averages (SMAs) in the daily timeframe, following the bounce off the resistance level of 1.7530 – a seven-month high reached on January 25. The pair has been trading within an ascending sloping channel over the last six months, despite the upside spikes towards 1.7530. The RSI
- [EURUSD Bear Pressure Remains Intact](https://signal2forex.com/2019/02/06/eurusd-bear-pressure-remains-intact/) - EURUSD bear pressure remains intact as it looks for price extension. Support stands at the 1.1350 where a break will aim at the 1.1300 level. A break below here will target the 1.1250 level. Further down, support lies at the 1.1200. On the upside, resistance resides at 1.1400 level with a break through there opening
- [Elliott Wave Analysis: USDJPY Unfolding a Temporary Pullback](https://signal2forex.com/2019/02/06/elliott-wave-analysis-usdjpy-unfolding-a-temporary-pullback/) - USDJPY made a nice structure, up from 108.49 level, a five-wave move which is now being retraced by a temporary pullback. We see this pullback as an a-b-c, which is now trading at interesting support regions, here at 109.73/109.42 area. A rally in impulsive fashion would suggest a completed correction and more upside. USDJPY, 1h
- [US 100 Index May Challenge 200-SMA Roof; Bullish in Near Term](https://signal2forex.com/2019/02/06/us-100-index-may-challenge-200-sma-roof-bullish-in-near-term/) - The US 100 index (NASDAQ 100) has been in a positive tendency after the jump above the 61.8% Fibonacci retracement level of the downleg from the all-time high of 7700 to the 14-month low of 5845, around 6995. Currently, the price remains below the 200-day simple moving average (SMA), which is acting as a strong
- [AUDJPY Breaks Upside Tendency, Bearish And Oversold](https://signal2forex.com/2019/02/06/audjpy-breaks-upside-tendency-bearish-and-oversold/) - AUDJPY came under strong pressure on Wednesday, with the price reversing all the gains made earlier this month. The pair is currently testing the 200-period moving average (MA) in the four-hour chart and the bottom of the Ichimoku cloud but the RSI and the Stochastics warn that the downfall is overstretched, as the former is
- [EURJPY Declines With Eyes On 121.76 Support Zone](https://signal2forex.com/2019/07/02/eurjpy-declines-with-eyes-on-121-76-support-zone/) - EURJPY declines with eyes on 121.76 support zone as it holds on its bear pressure. On the downside, support comes in at the 121.00 level where a break if seen will aim at the 120.50 level. A cut through here will turn focus to the 120.00 level and possibly lower towards the 119.50 level. On
- [Crude Oil Choppy](https://signal2forex.com/2019/07/02/crude-oil-choppy/) - Pivot (invalidation): 59.30 Our preference Short positions below 59.30 with targets at 58.35 & 57.95 in extension. Alternative scenario Above 59.30 look for further upside with 59.75 & 60.25 as targets. - advertisement - Comment The RSI is mixed with a bearish bias. Signal2forex reviews
- [EUR/JPY: Faces Consolidation Threats](https://signal2forex.com/2019/06/28/eur-jpy-faces-consolidation-threats/) - EURJPY faces consolidation threats as it looks for directional move. Support comes in at the 122.00 level where a break if seen will aim at the 121.50 level. A cut through here will turn focus to the 121.00 level and possibly lower towards the 120.50 level. On the upside, resistance resides at the 123.00 level.
- [USD/CAD Falling Wedge Pattern](https://signal2forex.com/2019/06/28/usd-cad-falling-wedge-pattern/) - The US Dollar was trading in a falling wedge pattern against the Canadian Dollar on Thursday. The currency pair breached the lower boundary of the pattern at 1.3087 during the Asian session on Friday. A breakout through the bottom border the falling wedge pattern could occur within this session. If this breakout occurs, the exchange
- [USD/CAD Outlook: Loonie Advances after Solid Data But Key Supports Hold for Now](https://signal2forex.com/2019/06/28/usd-cad-outlook-loonie-advances-after-solid-data-but-key-supports-hold-for-now/) - The pair dipped to new multi-month low at 1.3068 (also low of 1 Feb) on Friday, following stronger than expected Canada’s GDP (Apr 0.3% m/m vs 0.1% f/c) which additionally boosted the loonie. The pair holds in steep descend for the past two weeks, as greenback was pressured by rising expectations for Fed rate cut,
- [AUDUSD Remains On The Offensive On Correction](https://signal2forex.com/2019/06/27/audusd-remains-on-the-offensive-on-correction/) - AUDUSD remains on the offensive on correction with more gain expected. On the upside, resistance lies at the 1.7050 level. A cut through here will turn attention to the 0.7100 level and then the 0.7150 level where a violation will set the stage for a retarget of the 0.7200 level. Support resides at the 0.6950
- [Elliott Wave Analysis: Bears May End on USD Index?](https://signal2forex.com/2019/06/25/elliott-wave-analysis-bears-may-end-on-usd-index/) - USD Index is clearly bearish, down from 97.7 region, where a former higher degree a-b-c pullback had found resistance and pushed price into a sharp fall. We labelled a new, higher degree, five-wave cycle in progress, with price now unfolding final stages of a wave i as part of the same cycle. After a five-wave
- [USDJPY Now Oversold](https://signal2forex.com/2019/06/21/usdjpy-now-oversold/) - The US dollar has found technical support from the 107.00 level against the Japanese yen, following a major technical breakout below the 107.70 level. The USDJPY pair is now extremely oversold and may correct back towards the former breakout area. The daily time frame is showing that a huge bearish pattern has formed, with a
- [EURUSD Still Bullish Above 1.1290](https://signal2forex.com/2019/06/21/eurusd-still-bullish-above-1-1290/) - The euro continues to trade above the 1.1300 level against the US dollar, with the single currency receiving a slight boost from better than expected EU PMI data. The EURUSD pair has a intraday bullish while trading above the 1.1290 level and may target towards the current monthly high. A move below the 1.1290 level
- [GBP/USD Likely To Reverse South](https://signal2forex.com/2019/06/21/gbp-usd-likely-to-reverse-south/) - During the previous trading session, the GBP/USD exchange rate tried to breach the medium-term descending channel north. From a theoretical point of view, it is expected, that the rate could reverse south and go downwards. However, note, that the currency pair could be supported by the 55-, 100– and 200-hour SMAs, as well the weekly
- [WTI Oil Futures Rally to 3-Week High after Breaking 50% Fibo](https://signal2forex.com/2019/06/20/wti-oil-futures-rally-to-3-week-high-after-breaking-50-fibo/) - WTI oil futures for August delivery managed to break resistance around the 50% Fibonacci of the 42.53-66.57 upleg and pick up steam towards a new three-week high of 56.33 on Thursday. However, buyers would like to see prices running above the 38.2% Fibo of 57.37 and the 200-period simple moving average (SMA) in the four-hour
- [How to Set Up Effective Trading Goals](https://signal2forex.com/2019/06/19/how-to-set-up-effective-trading-goals/) - Trading Goals - Main Talking Points:Why set trading goals? What your trading goals shouldn't be The effectiveness of process-oriented goals Goal tracking and measuring your progress Trading goals: A summary Setting trading goals can be a useful endeavor to help you navigate the markets, but some goals are more useful to set than others. In
- [Elliott Wave Analysis: AUDUSD Dropping Temporarily; 0.690 in View!](https://signal2forex.com/2019/06/19/elliott-wave-analysis-audusd-dropping-temporarily-0-690-in-view/) - Aussie is dropping as expected from the 0.688 level where a temporary top for wave a)/i) of a three-wave move had been located. Current three-wave drop can now be labelled as wave b)/ii), with possible support, and turning point zone around the Fibonacci ratio of 50.0/61.8. A rally above the current high would suggest more
- [EUR/USD Outlook: Strong Bullish Signal On Break Above Major Resistances](https://signal2forex.com/2019/06/20/eur-usd-outlook-strong-bullish-signal-on-break-above-major-resistances/) - The Euro cracked psychological 1.1300 barrier in extension of strong post-Fed rally on Thursday, which broke through key barriers at 1.1279/84 (daily cloud top / broken bear-trendline / Fibo 61.8% of 1.1347/1.1181 fall). Euro’s sentiment improved strongly after Fed confirmed its dovish stance and readiness to cut interest rates. The single currency advanced 0.9% on
- [GBP/USD: Sterling Extends Recovery ahead of Fed](https://signal2forex.com/2019/06/19/gbp-usd-sterling-extends-recovery-ahead-of-fed/) - Cable accelerated higher in US trading on Wednesday, boosted by profit taking from last week’s fall and solid UK inflation data. The move can be also seen as positioning ahead of key event today, Fed rate decision, as wide expectations for keeping rates unchanged, may further inflate pound. Rising bullish momentum supports the advance, along
- [GBP/USD Outlook: UK Inflation Below 2% Could Further Depress Pound](https://signal2forex.com/2019/06/19/gbp-usd-outlook-uk-inflation-below-2-could-further-depress-pound/) - Cable is trading within narrow range in early European session and awaiting release of UK inflation data which are expected to provide fresh signal. The pair was so far unable to benefit from Tuesday’s bullish close (the first after five straight day’s in red) following bounce from new low at 1.2505 (the lowest since 3
- [Elliott Wave View: Further Weakness In GBP/USD Expected ](https://signal2forex.com/2019/06/18/elliott-wave-view-further-weakness-in-gbp-usd-expected/) - Short Term Elliott wave view in GBPUSD suggests the decline from June 7 high is unfolding as an impulse Elliott Wave structure. Down from 1.276, wave (i) ended at 1.265 with internal as an impulse in lesser degree. Wave (ii) bounce ended at 1.276 as a zigzag Elliott Wave structure. Pair has now reached 200%
- [Elliott Wave Analysis: Gold Within A Three-wave Correction!](https://signal2forex.com/2019/06/17/elliott-wave-analysis-gold-within-a-three-wave-correction/) - Gold made a five-wave drop from the 1358 high, which is an indication of a top in place for wave 3, and that a temporary change in trend is in progress. We are observing a three-wave corrective retracement, that can be wave 4 of a higher degree and can look for support, and a bullish
- [CRUDE OIL Recovers Further Higher On Correction](https://signal2forex.com/2019/06/18/crude-oil-recovers-further-higher-on-correction/) - CRUDE OIL recovers further higher on correction. Support lies at the 53.00 level where a break will expose the 52.30 level. A cut through here will set the stage for a run at the 52.00 level. Further down, support comes in at the 51.50 level. On the upside, resistance resides at the 53.50 levels. Further
- [USDJPY Awaiting US Data](https://signal2forex.com/2019/06/14/usdjpy-awaiting-us-data/) - The US dollar has come under increasing pressure against the Japanese yen due to the worsening geopolitical situation between Iran and the United States. The USDJPY pair could suffer a technical meltdown if bulls force price under the 107.70 support level. Traders are now awaiting the release of important monthly retail sales data from the
- [WTI Oil Outlook: Near-Term Risk Shifts Lower As 10SMA Continues To Cap](https://signal2forex.com/2019/06/17/wti-oil-outlook-near-term-risk-shifts-lower-as-10sma-continues-to-cap/) - WTI oil price was a tad lower in Europe on Monday after advancing last Thu/Fri on rising tensions in the Middle East after two tankers were attacked in Gulf. Overall structure remains bearish as fears of lower global demand on persisting trade tensions that may escalate, keep oil price under pressure and offsetting for now
- [GBPUSD Needs To Bounce](https://signal2forex.com/2019/06/14/gbpusd-needs-to-bounce/) - The British pound has continued to slip lower against the US dollar during the European trading session, with the pair testing towards its key weekly trading low. If the GBPUSD pair fails to bounce from current levels, further losses toward the 1.2610 level appear possible. Overall, the release of US retail sales this afternoon are
- [EUR/USD Outlook: Euro Falls Further after Strong US Retail Sales](https://signal2forex.com/2019/06/14/eur-usd-outlook-euro-falls-further-after-strong-us-retail-sales/) - The Euro accelerated lower after Strong US retail sales (May 0.5% vs Apr 0.3%, revised upward from -0.2%) inflated dollar and reduced greatly probability of rate cut on FOMC policy meeting next week. Fresh weakness surged through Fibo support at 1.1259 (38.2% of 1.1116/1.1347) and cracked 50% retracement at 1.1231, approaching key support zone between
- [EURAUD Tries To Jump Above Ascending Channel, Strongly Positive](https://signal2forex.com/2019/06/14/euraud-tries-to-jump-above-ascending-channel-strongly-positive/) - EURAUD is extending its gains over the last couple of weeks, recording a fresh more than five-month high around 1.6350. Thus, the short-term picture thus seems to be strongly positive, as the RSI is hovering in the overbought territory and the MACD is strengthening its momentum above trigger line. A break above above the ascending
- [GBPUSD Turns Lower On More Bearishness](https://signal2forex.com/2019/06/14/gbpusd-turns-lower-on-more-bearishness/) - GBPUSD turns lower on more bearishness following its recent weakness. Support lies at 1.2600 as it looks for more weakness. Below that level will turn attention to the 1.2550 level. Further down, support comes in at the 1.2500 level where a break will turn focus to the 1.2450 level. Further down, support lies at the
- [AUD/USD Outlook: Aussie Remains Firmly In Red On Fears Of Another RBA Rate Cut](https://signal2forex.com/2019/06/14/aud-usd-outlook-aussie-remains-firmly-in-red-on-fears-of-another-rba-rate-cut/) - The Australian dollar extends steep five-day fall and probes below 0.6900 handle on Friday, pressured by fears of another RBA rate cut next month. Weaker than expected Chinese IP added to negative outlook, as markets await for release of US retail sales data (May 0.7% f/c vs -0.2% prev) which would further depress Aussie on
- [EUR/JPY Supported By 200-Hour SMA](https://signal2forex.com/2019/06/13/eur-jpy-supported-by-200-hour-sma/) - The single European currency depreciated about 56 base points against the Japanese Yen on Wednesday. The currency pair breached both the 50– and 100-hour SMAs during yesterday’s trading session. Currently, the 200-hour simple moving average is providing support for the exchange rate at 122.15. If this support level holds, a surge towards the 123.20 regions
- [Elliott Wave Analysis: EUR/NZD With 1.7300 In Sight!](https://signal2forex.com/2019/06/13/elliott-wave-analysis-eur-nzd-with-1-7300-in-sight/) - EURNZD dropped exactly into projected 38,2% Fibo. retracement and 1.7150 level, which is ideal support for wave »iv«, especially because it’s still trading above strong trend line connected from the beginning of June. So, be aware of another jump, probably the final one for wave »v« towards 1.7300 area and this is where bullish trend
- [USD/TRY Choppy](https://signal2forex.com/2019/06/12/usd-try-choppy/) - Pivot (invalidation): 5.7830 Our preference Long positions above 5.7830 with targets at 5.8290 & 5.8570 in extension. Alternative scenario Below 5.7830 look for further downside with 5.7500 & 5.7280 as targets. - advertisement - Comment A support base at 5.7830 has formed and has allowed for a temporary stabilisation. Signal2forex reviews
- [LTCUSD Could Hit $160.00](https://signal2forex.com/2019/06/11/ltcusd-could-hit-160-00/) - Litecoin has advanced to fresh 2019 trading high following a bullish technical breakout above the $120.00 resistance level on Tuesday. The LTCUSD pair is now marching forward, with the $134.00 and $160.00 levels the two major bullish targets ahead. The daily time frame is clearly showing that a huge inverted head and shoulders pattern could
- [USD/ZAR Outlook: Pullback Extends after Strong Upside Rejection](https://signal2forex.com/2019/06/10/usd-zar-outlook-pullback-extends-after-strong-upside-rejection/) - Bulls are losing traction as the price eases for the second day, following strong upside rejection on Friday (spike high was left at 15.17, the highest since early Sep) before quick pullback. Daily stochastic reversed from overbought territory, RSI turned south and weakening momentum is crossing below its 7-d SMA, adding to signals for correction.
- [XAU/USD Could Target 1,345.00](https://signal2forex.com/2019/06/07/xau-usd-could-target-1345-00/) - On Thursday, the XAU/USD exchange rate traded sideways around the monthly R2 located at the 1,333.67 mark. Note, that the rate is supported by the 55-hour moving average, currently located at the 1,333.27 mark. Thus, it is likely, that bulls could prevail in the market in the short term. A possible upside target is the
- [USD/JPY Might Trade Down](https://signal2forex.com/2019/06/07/usd-jpy-might-trade-down/) - During the previous trading session, the USD/JPY currency pair reached the upper boundary of the short-term ascending channel at 108.57. During today’s morning, the pair was trading along the given line. From a theoretical point of view, it is expected, that a reversal south could occur in the nearest future. Note, that the exchange rate
- [GBP/USD Could Trade Sideways](https://signal2forex.com/2019/06/07/gbp-usd-could-trade-sideways/) - On Thursday, the GBP/USD exchange rate tested the support cluster formed by the 55-, 100– and 200-hour SMAs in the 1.2661/1.2701 range. Note, that the rate is trading near the upper boundary of the short-term descending channel located circa 1.2734. Thus, it is unlikely, that some upside potential could prevail in the nearest future. If
- [EUR/USD: Descending Channels In Sight](https://signal2forex.com/2019/06/07/eur-usd-descending-channels-in-sight/) - Yesterday, the EUR/USD currency pair tested the upper boundaries of the short-term and long-term descending channels at the 1.1293 mark. During Friday’s morning, the support level formed by the 55– and 100-hour SMAs, the monthly R1 and the weekly R2 at 1.1266. From a theoretical perspective, it is expected, that the pair could go downside
- [Downbeat US Jobs Data Send Euro Through Key Barriers](https://signal2forex.com/2019/06/07/downbeat-us-jobs-data-send-euro-through-key-barriers/) - The Euro jumped to 2 1/2 month high at 1.1326 on Friday after disappointing US jobs data that further depressed the dollar. US NFP showed only 75K new jobs in May (the lowest since Feb) expectations for 185K and downward-revised April’s figure at 224K. The data came in line with signals from Wednesday’s ADP private
- [Elliott Wave Analysis: S&P500 Is Already Bullying the Bears; More Upside Expected!](https://signal2forex.com/2019/06/07/elliott-wave-analysis-s-more-upside-expected/) - S&P500 made a clear five-wave recovery from end of December of 2018, and towards end of March of 2019. We can see that afterwards a three-wave pullback had unfolded, which we labelled it as an A-B-C correction. This correction is usually within a trend, and it only slows the price down temporarily. At the moment,
- [EUR/JPY Makes New High](https://signal2forex.com/2019/06/07/eur-jpy-makes-new-high/) - The single European currency made a new swing high against the Japanese Yen on Thursday. The currency pair tested the upper boundary of a descending channel pattern at 122.37 during yesterday’s trading session. As for the near future, it is likely that the exchange rate will continue to edge higher. The potential upward swing for
- [USD/CAD Outlook: Loonie Advances Further on Dovish Fed and Downbeat US ADP Jobs Data](https://signal2forex.com/2019/06/05/usd-cad-outlook-loonie-advances-further-on-dovish-fed-and-downbeat-us-adp-jobs-data/) - The pair holds firmly in red and extends weakness for the third straight day, to crack pivotal Fibo barrier at 1.3375 (38.2% of 1.3068/1.3564) on Wednesday. The greenback fell across the board on dovish steer from Fed and was additionally hit by downbeat US ADP private sector employment data on Wednesday (May 27K vs 180K
- [CADJPY Remains in Bearish Phase](https://signal2forex.com/2019/06/06/cadjpy-remains-in-bearish-phase/) - CADJPY has been finding strong resistance on the 38.2% Fibonacci retracement level of the downward wave from 89.25 to 76.60, near 81.42, falling beneath the 20-simple moving average (SMA) in the daily chart. Having a look at the momentum indicators, the RSI is sloping down below the neutral threshold of 50 and the MACD is
- [Elliott Wave View: Impulsive Rally In $GDX](https://signal2forex.com/2019/06/04/elliott-wave-view-impulsive-rally-in-gdx/) - Elliott wave view in Gold Miners ETF ($GDX) suggests the pullback to $20.26 ended wave (2). Wave (3) is currently in progress and the internal subdivides as an impulse Elliott Wave structure. Up from $20.26, Wave ((i)) ended at $20.88, wave ((ii)) ended at $20.31 and wave ((iii)) can end soon at $22.47 – $22.69
- [Elliott Wave Analysis: Bulls Pushing AUDUSD Towards 0.70](https://signal2forex.com/2019/06/04/elliott-wave-analysis-bulls-pushing-audusd-towards-0-70/) - Aussie remains under bullish pressure towards 0.70 area and seems like it’s trying to break above channel resistance line which would confirm a rally within wave iii). However, as long as price keeps trading above 0.6900 region, we will remain bullish. AUDUSD, 1h - advertisement - Signal2forex reviews
- [Gold Spot The Bias Remains Bullish](https://signal2forex.com/2019/06/05/gold-spot-the-bias-remains-bullish/) - Pivot (invalidation): 1320.00 Our preference Long positions above 1320.00 with targets at 1329.00 & 1335.00 in extension. Alternative scenario Below 1320.00 look for further downside with 1316.00 & 1312.50 as targets. - advertisement - Comment The RSI is above its neutrality area at 50%. Signal2forex reviews
- [Fresh Bearish Acceleration On Tariffs Results In 1% Fall, The Cross Is On Track For The Biggest Monthly Fall Since Brexit Vote](https://signal2forex.com/2019/05/31/fresh-bearish-acceleration-on-tariffs-results-in-1-fall-the-cross-is-on-track-for-the-biggest-monthly-fall-since-brexit-vote/) - The GBPJPY cross fell nearly 1% in Asian / European trading on Friday, extending steep downtrend from 3 May high at 146.50. Fresh bearish acceleration was sparked by announcement on US tariffs on imports from Mexico that triggered strong demand for safe-haven assets and boosted yen. On the other side, pound remains under strong pressure
- [Oil Price Continues To Spiral On Fresh Threats Of Trade War Spread / Record US Output](https://signal2forex.com/2019/05/31/oil-price-continues-to-spiral-on-fresh-threats-of-trade-war-spread-record-us-output/) - WTI extends weakness on Friday and hit lowest levels since early March, following Thursday’s strong fall when WTI contract was down 4.5%. Fresh bearish acceleration clearly broke below rising daily cloud base (after several strong spikes lower, but every time closing within the cloud) and also broke and closed below pivotal Fibo support at $57.33
- [GER30 Index Breaches Key Support](https://signal2forex.com/2019/05/31/ger30-index-breaches-key-support/) - GER30 index dived below a former key support area of 11,700 on Friday, signalling the continuation of the bearish action. The RSI is backing this view as well as the indicator keeps losing ground under its 50 neutral mark, while the MACD is giving extra negative warnings as long as it extending negative momentum below
- [EUR/JPY Retains Broader Downside Pressure With Eyes On 122.00 Level](https://signal2forex.com/2019/05/31/eur-jpy-retains-broader-downside-pressure-with-eyes-on-122-00-level/) - EURJPY retains broader downside pressure with eyes on 122.00 level and beyond in the days ahead. Support comes in at the 121.50 level where a break if seen will aim at the 121.00 level. A cut through here will turn focus to the 120.50 level and possibly lower towards the 120.00 level. Its daily RSI
- [Copper on Track for Biggest Monthly Fall Since Jan 2015](https://signal2forex.com/2019/05/31/copper-on-track-for-biggest-monthly-fall-since-jan-2015/) - Copper remains heavy on Friday and hits lowest levels since mid-January, pressured by rising concerns about spreading and escalation of trade war which threats to reduce global demand for the metal. Fresh extension lower pressures key support at $2.6250 (200WMA), violation of which would expose multi-month lows at $2.5510/$2.5420 (30 Dec / 12 July 2018).
- [USDTRY Tumbles Below 38.2% Fibonacci and 50-SMA](https://signal2forex.com/2019/05/30/usdtry-tumbles-below-38-2-fibonacci-and-50-sma/) - USDTRY is aggressively diving to a fresh one-month low today, below the 38.2% Fibonacci retracement level of the downfall from 7.1135 to 5.1330 around 5.8855. Looking at the technical indicators, the RSI is slipping below the 50 level, suggesting a downward correction in the daily chart, while the MACD is still falling below the trigger
- [EURCAD Forms Symmetrical Triangle; Neutral in Short Term](https://signal2forex.com/2019/05/30/eurcad-forms-symmetrical-triangle-neutral-in-short-term/) - EURCAD has been moving in a symmetrical triangle over the last seven months following the soft rebound on the 1.4750 support level. In the short-term, the market could maintain consolidation if the RSI keeps moving around 50 and the MACD near its zero line. Regarding the trend, this is likely to remain flat in the
- [USDCHF Still Holds above Rising Trend Line](https://signal2forex.com/2019/05/29/usdchf-still-holds-above-rising-trend-line/) - USDCHF rebounded on the 1.0007 support level in the preceding week, remaining above the ascending trend line, which has been holding since September 2018. The stochastic oscillator has come off from the negative level indicating positive movements despite the bearish cross within the 20- and 40-day moving averages near the current market action. The pair
- [USD/CAD Can Be Ready To Rumble, Bears Ahead!](https://signal2forex.com/2019/05/30/usd-cad-can-be-ready-to-rumble-bears-ahead/) - USDCAD shows a double zig-zag in play, currently moving into final phase of this correction. The reason for this count is a recent deep pullback to the lower trendline support which in fact caused a nice bounce so looks like that new high is in play. Ideally that’s going to be an impulsive wave c
- [EURGBP Extends Reversal from Double Bottom to Reach 4-Month High](https://signal2forex.com/2019/05/28/eurgbp-extends-reversal-from-double-bottom-to-reach-4-month-high/) - EURGBP has advanced considerably around a fresh four-month high of 0.8850 in the previous couple of days following the creation of a double bottom formation around 0.8470 and 0.8490. The aggressive bullish run has led the price to pare some of the losses posted from the downfall from 0.9110 to 0.8470. Looking at momentum oscillators
- [USDJPY Nearing Breakout Support](https://signal2forex.com/2019/05/29/usdjpy-nearing-breakout-support/) - The US dollar has slipped back towards the worst trading levels of the week against the Japanese yen currency due to recessionary fears coming from the US bond market. USDJPY bulls have also been unable to move price above the 109.60 level placing the emphasis back towards the downside. The four-hour time frame chart continues
- [Biden-Xi make plans to meet in person, U.S. official says — and China's leader has strong words on Taiwan](https://signal2forex.com/2022/07/29/biden-xi-make-plans-to-meet-in-person-u-s-official-says-and-chinas-leader-has-strong-words-on-taiwan/) - U.S. President Joe Biden and Chinese President Xi Jinping held a phone call Thursday. Pictured here is their virtual meeting on Nov. 15, 2021.Mandel Ngan | Afp | Getty ImagesBEIJING — U.S. President Joe Biden and Chinese President Xi Jinping ended a call Thursday with plans to arrange a face-to-face meeting for the first time
- [Copper Outlook: Bears Accelerate on Fresh Threats of Escalation of Trade War](https://signal2forex.com/2019/05/29/copper-outlook-bears-accelerate-on-fresh-threats-of-escalation-of-trade-war/) - Copper price slumped on Wednesday (down 1.43% since Asian opening and ahead of US session). The metal extends weakness into second straight day on threats of escalation of US/China trade conflict that would hurt economic growth and reduced demand. Fresh negative signals on China’s threats to use rare earth minerals as a reaction in trade
- [Market Morning Briefing: Dollar Index Has Risen Well From Levels Near 97.50](https://signal2forex.com/2019/05/28/market-morning-briefing-dollar-index-has-risen-well-from-levels-near-97-50/) - STOCKS Asians are trading positive. The way Shanghai Composite index is holding above 2835 is turning the bias positive. Is this an indication to get some positive development on the US-China trade negotiation front? We have to wait and see. Sensex and Nifty remains bullish. The US markets were closed yesterday on account of a
- [Crude Oil Back on a Slippery Slope](https://signal2forex.com/2019/05/28/crude-oil-back-on-a-slippery-slope/) - Crude oil prices have been quite volatile of late, owing to a simultaneous rise in supply-side risks and investor concerns over demand. Oil exports have fallen in Iran because of the US sanctions while outages in Venezuela, and elsewhere, have further reduced supply. However, oil shipments from Russia are recovering after contamination affected Druzhba pipeline.
- [Euro Hammered as Lockdown Returns, Risk Sentiments Turn Sour](https://signal2forex.com/2021/11/19/euro-hammered-as-lockdown-returns-risk-sentiments-turn-sour/) - Euro’s recovery was rather short-lived as selling returns after dovish comments from ECB president. Also, Austria returned to full lockdown while Germany may follow on the fourth wave of COVID-19 infections. Yen rises broadly today as risk sentiments turn sour. For the week, Euro remains the worst performer, followed by Aussie. Sterling is still the
- [Sterling Tumbles on Energy Worries, Rising Yields Supports Dollar](https://signal2forex.com/2021/09/28/sterling-tumbles-on-energy-worries-rising-yields-supports-dollar/) - Sterling tumbles broadly today on increasing talks of energy shortages due to a post-Brexit shortage of truck drivers, as well as a halt to license testing during pandemic lockdowns. Mild risk aversion, which start in European markets, is also weighing down some commodity currencies. Nevertheless, there is little lift to Yen overall, which stays weak
- [Stock futures are steady ahead of first trading day of March, Russia-Ukraine conflict in focus](https://signal2forex.com/2022/03/01/stock-futures-are-steady-ahead-of-first-trading-day-of-march-russia-ukraine-conflict-in-focus/) - Traders on the floor of the NYSE, Feb. 24, 2022.Source: NYSEU.S. stock futures were steady in overnight trading on Monday before the first trading day of March as investors continue to monitor the fighting between Russia and Ukraine.Dow futures fell 15 points. S&P 500 futures fell 0.05% and Nasdaq 100 futures dropped 0.1%. In a
- [GBPAUD Touches Uptrend Line, Maintains Short-Term Bearish Bias](https://signal2forex.com/2019/05/27/gbpaud-touches-uptrend-line-maintains-short-term-bearish-bias/) - GBPAUD has touched the ascending trend line, which has been holding since December 2018, trading below the flat short-term moving averages. The RSI is moving sideways below the neutral threshold of 50, while the stochastic oscillator is moving in the oversold territory, turning even lower. If the price slips further below the 1.8305 barrier and
- [GBP/USD And USD/CAD Signaling More Upsides](https://signal2forex.com/2019/05/27/gbp-usd-and-usd-cad-signaling-more-upsides/) - GBP/USD is slowly recovering and it is currently trading above 1.2680. USD/CAD is likely to resume its upward move above the 1.3550 and 1.3580 resistance levels. Important Takeaways for GBP/USD and USD/CAD The British Pound declined close to the 1.2600 area and recently started an upside correction. There is a major ascending channel forming with
- [Federal unemployment benefits end this weekend for millions of Americans. Many are scared of what comes next](https://signal2forex.com/2021/09/04/federal-unemployment-benefits-end-this-weekend-for-millions-of-americans-many-are-scared-of-what-comes-next/) - A woman waits in a line outside a temporary unemployment office in Frankfort, Kentucky in June.Bryan Woolston | ReutersPandemic unemployment benefitsThe federal government expanded the safety net for the jobless to a historic degree last year, when the U.S. was in the throes of its most rapid economic downturn in history. The CARES Act, passed
- [EUR/GBP Outlook: Cross Heads Higher as Pound Comes Under Fresh Pressure](https://signal2forex.com/2019/05/27/eur-gbp-outlook-cross-heads-higher-as-pound-comes-under-fresh-pressure/) - The cross regained traction and bounced from strong support at 0.8790 (200SMA/broken Fibo 50% of 0.9113/0.8471), which contained brief pullback from new 5 1/2 month high at 0.8850, posted last Friday. Sterling took a breather after steep fall in past three weeks, but prevailing negative tone on political turmoil and fears that the UK may
- [Robinhood is still severely limiting trading, customers can only buy one share of GameStop](https://signal2forex.com/2021/01/30/robinhood-is-still-severely-limiting-trading-customers-can-only-buy-one-share-of-gamestop/) - Restrictions on Robinhood traders got tighter throughout the day on Friday, only allowing clients to buy a single share of GameStop. The stock trading app also expanded its list of restricted stocks from 13 earlier in the day to 50. "The table below shows the maximum number of shares and options contracts to which you
- [XAU/USD Likely To End down](https://signal2forex.com/2019/05/24/xau-usd-likely-to-end-down/) - On Wednesday, the price for gold skyrocketed the resistance level formed by the monthly PP at the 1,287.27 mark. Given that the XAU/USD exchange rate is pressured by the 200-hour SMA, currently located at 1,284.88, it is likely, that some downside potential could prevail in the market, and gold could target the support level formed
- [USD/JPY Dropped To Fibo 50.00%](https://signal2forex.com/2019/05/24/usd-jpy-dropped-to-fibo-50-00/) - Yesterday, the USD/JPY currency pair dropped to the support level formed by the Fibonacci 50.00% retracement at 109.58. During Friday’s morning, the pair was trying to surpass the given support. If it holds, a reversal north could occur within the following trading hours. However, note, that the exchange rate is pressured by the resistance cluster
- [GBP/USD Tests 100-Hour Moving Average](https://signal2forex.com/2019/05/24/gbp-usd-tests-100-hour-moving-average/) - On Thursday, the GBP/USD exchange rate rised to the 55-hour moving average, currently located at 1.2662. During today’s morning, the rate tested the resistance formed by the 100-hour SMA at 1.2690. If the given resistance holds, it is expected, that some downside potential could prevail in the market, and the rate could target the support
- [GBPUSD Bullish Pattern Building](https://signal2forex.com/2019/05/24/gbpusd-bullish-pattern-building/) - The British pound has reversed sharply higher against the greenback following continued broad-based weakness in the US dollar index. The four-hour time frame is showing that bullish inverted head and shoulders pattern has emerged, with the pattern holding a one-hundred point upside projection. Overall, the GBPUSD pair has an upside intraday bias while trading clearly
- [GBP/USD Outlook: PM May Announced Her Resignation, Opening a Number of Brexit Scenarios](https://signal2forex.com/2019/05/24/gbp-usd-outlook-pm-may-announced-her-resignation-opening-a-number-of-brexit-scenarios/) - Cable regained traction and quickly recovered from half a cent dip on announcement of the day of Theresa May’s resignation and regained levels above 1.2700 handle. May’s announcement that she will resign as Prime Minister on 7 June opens a number of Brexit scenarios that would have strong impact on sterling. Near-term action maintains positive
- [EURUSD Struggling With 1.1190](https://signal2forex.com/2019/05/24/eurusd-struggling-with-1-1190/) - The euro is struggling to move above the 1.1190 level against the US dollar as the implications of the European election results weigh on the single currency. If the EURUSD pair continues to struggle with the 1.1190 level a technical test of the 1.1165 support level seems likely. A sustained bullish breakout above the 1.1190
- [Oil Data Champion Sam Madani Explains Oil Tanker Tracking | Podcast](https://signal2forex.com/2019/05/24/oil-data-champion-sam-madani-explains-oil-tanker-tracking-podcast/) - KEY POINTS COVERED IN THIS PODCAST - The hashtag that became a trusted symbol of reliable oil industry news - What oil traders tend to miss when navigating the market - How oil tanker tracking can assist players in the oil space Sam Madani is the co-founder of oil tanker tracking service TankerTrackers.com and the
- [EURAUD Positive in Near Term, Neutral in Medium Run](https://signal2forex.com/2019/05/24/euraud-positive-in-near-term-neutral-in-medium-run/) - EURAUD recorded decent gains in the past month, crossing above its 50- and 200-day simple moving averages (SMAs) to touch 1.6260, a high last seen in January. The short-term picture thus seems positive, though for the medium-term outlook to turn positive too, a break above 1.6350 is required. Short-term momentum indicators, however, suggest the rally
- [EUR/USD Outlook: Strong Rebound Extends But Overall Picture Still Bearish](https://signal2forex.com/2019/05/24/eur-usd-outlook-strong-rebound-extends-but-overall-picture-still-bearish/) - The Euro extends recovery above 1.1200 barrier on Friday, following previous day’s strong bounce from new 2019 low at 1.1107 (vs previous at 1.1111, posted on 26 Apr). Bears faced strong headwinds here and subsequent bounce that left long-tailed bullish daily candle adds to positive signals. North-heading momentum approaches the centerline and supports scenario which
- [EURGBP Climbs, But More Upside Needed to Affirm Bullish Outlook](https://signal2forex.com/2019/05/23/eurgbp-climbs-but-more-upside-needed-to-affirm-bullish-outlook/) - EURGBP staged a mighty rally over the past weeks, crossing above its 50- and 200-day simple moving averages (SMAs) to touch the 0.8840 zone, before retreating somewhat. The near-term outlook seems to have turned positive, though a clear break above 0.8840 is needed to confirm that. Short-term momentum indicators, on the other hand, suggest a
- [CADJPY Erases Gains; Remains in Neutral Mode](https://signal2forex.com/2019/05/23/cadjpy-erases-gains-remains-in-neutral-mode/) - CADJPY has been finding strong resistance on the 82.60 barrier, falling beneath the 20-simple moving average (SMA) in the daily chart. Since mid-January, the pair has been trading within a narrow range between the 61.8% Fibonacci of the downleg from 89.25 to 76.60, near 84.40, and the 80.90 support. Having a look at the momentum
- [Gold Muted To Fed Minutes](https://signal2forex.com/2019/05/23/gold-muted-to-fed-minutes/) - Gold prices did not react much to the release of the FOMC meeting minutes. This comes amid the market sentiment trading mixed. The threat of the trade wars continues to remain a concern among investors. This has kept a lid on the declines in gold prices which trade near the recent lows of 1270. Can
- [EURCHF Cautiously Negative in Short Term, Neutral Overall](https://signal2forex.com/2019/05/22/eurchf-cautiously-negative-in-short-term-neutral-overall/) - EURCHF retreated in recent weeks, falling below both its 50- and 200-day simple moving averages (SMAs). The near-term outlook has thus turned to cautiously negative, though the bigger picture still seems neutral – with a decisive break either above 1.1475 or below 1.1160 needed to change that. Short-term momentum oscillators concur, with the RSI already
- [Becoming a Better Trader – Identifying High Quality Trade Set-ups](https://signal2forex.com/2019/05/22/becoming-a-better-trader-identifying-high-quality-trade-set-ups/) - There are countless ways to approach the market to find opportunities, and as such this means there aren’t any truly right or wrong ways to analyze and trade. With that said, though, the process used to identify good trade set-ups tends to be similar regardless of the disciplines a trader adopts. There is some form
- [USD/CAD Outlook: Upbeat Canada Retail Sales Push Loonie to One-Month High](https://signal2forex.com/2019/05/22/usd-cad-outlook-upbeat-canada-retail-sales-push-loonie-to-one-month-high/) - Better than expected Canada’s retail sales (Mar 1.1% vs 1.0% f/c / Core 1.7% vs 0.9% f/c) pushed loonie to new one-month high at 1.3357. USDCAD’s fresh bearish acceleration broke through 55SMA support (1.3394), former lows (1.3380/76) and pivotal support at 1.3368 (Fibo 61.8% of 1.3273/1.3520 upleg) to stall on approach to daily cloud top
- [USD/JPY Outlook: Fresh Risk Mode Pushes Dollar through Key Fibo Barrier](https://signal2forex.com/2019/05/21/usd-jpy-outlook-fresh-risk-mode-pushes-dollar-through-key-fibo-barrier/) - The pair accelerated higher in during mid-European trading to hit new 2-week high in early US session on Tuesday. Firm break above key Fibo barrier at 110.31 (38.2% of 112.40/109.02 descend) signaled bullish continuation as fresh rally penetrated rising daily cloud (base lays at 110.43) and cracked 100SMA (110.50), pressuring 20SMA (110.60) and Fibo 50%
- [Elliott Wave View: Short Term Support In FTSE](https://signal2forex.com/2019/05/22/elliott-wave-view-short-term-support-in-ftse/) - Short term Elliott Wave view in FTSE calls the move lower to 7150.9 on May 13 as wave A. This suggests that the move lower from April 23 is unfolding as a zigzag Elliott Wave structure. Wave B bounce is currently in progress to correct cycle from April 23 high before the Index turns lower.
- [GBP/USD Outlook: Pound is Awaiting PM May’s Speech for Fresh Signals](https://signal2forex.com/2019/05/21/gbp-usd-outlook-pound-is-awaiting-pm-mays-speech-for-fresh-signals/) - Pound jumped to session high at 1.2745 on the latest news that PM May will make a speech today (15:00GMT) and present the details of Brexit legislation before parliament vote in June. May is expected to present her Brexit plan that was rejected three times, but with some significant changes. Markets is focusing on PM
- [Market Morning Briefing: Pound Has Bounced Back Slightly And While Above 1.27](https://signal2forex.com/2019/05/21/market-morning-briefing-pound-has-bounced-back-slightly-and-while-above-1-27/) - STOCKS Trump’s move to add the Chinese firm Huawei to the list which requires the US companies to get licence to do business with it is weighing on the global equities. Dow and DAX have fallen and has room to further fall. Asians are trading mixed. On the domestic front, it needs to be seen
- [EUR/USD Outlook: Bears on Hold and Looking for Fresh Signals](https://signal2forex.com/2019/05/20/eur-usd-outlook-bears-on-hold-and-looking-for-fresh-signals/) - The pair holds in narrow consolidation above new two-week low as bears take a breather after 07% fall last week. Slight positive tone was boosted by weaker than expected US data on Monday, along with oversold daily stochastic and profit-taking. Technical studies remain negative and maintain strong bearish momentum on daily chart, with weekly bearish
- [GBPCAD Hovers Near 3-Month Low](https://signal2forex.com/2019/05/20/gbpcad-hovers-near-3-month-low/) - GBPCAD plunged below the 50.0% Fibonacci retracement level of the upleg from 1.6590 to 1.7795 and the 200-day moving average. Currently, the price is developing beneath the Ichimoku cloud, while the 20- and 40-simple moving averages (SMAs) are turning lower. The RSI indicator is flattening just above 30 oversold level while the MACD is strengthening
- [GBP/USD And EUR/GBP: British Pound Sell-Off Continues](https://signal2forex.com/2019/05/20/gbp-usd-and-eur-gbp-british-pound-sell-off-continues/) - GBP/USD declined heavily below the 1.2900 and 1.2800 support levels to enter a bearish zone. EUR/GBP surged higher and settled above the 0.8680 and 0.8700 resistance levels. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a strong downward move and traded below the key 1.2900 support. There is crucial bearish trend line forming
- [USD/JPY Could Trade Sideways](https://signal2forex.com/2019/05/17/usd-jpy-could-trade-sideways/) - On Thursday, the USD/JPY currency pair skyrocketed to the monthly S2 at the 109.97 mark. During Friday’s morning, the exchange rate was squeezed by 55-, 100– and 200-hour SMAs, currently located at 109.60 and 109.79 respectively. If the given moving averages hold, the pair could trade sideways. From a technical point of view, it is
- [EUR/USD Tests Short-Term Channel](https://signal2forex.com/2019/05/17/eur-usd-tests-short-term-channel/) - During the previous trading session, the EUR/USD currency pair surpassed the weekly S1 at 1.1184. During Friday’s morning, the pair was testing the lower boundary of the short-term ascending channel at 1.1160. From a theoretical perspective, it is likely, that a reversal north occurs in the nearest future. The pair could try to surpass the
- [GBP/USD Likely To Maintain Its Decline](https://signal2forex.com/2019/05/17/gbp-usd-likely-to-maintain-its-decline/) - Yesterday, the GBP/USD exchange rate traded down and surpassed the psychological level at the 1.2800 mark. Given that the currency pair is pressured by the 55-hour moving average, currently located at 1.2834, it is expected, that bears could continue to prevail in the nearest future. A possible downside target is the weekly S3 at the
- [GBPUSD Probing Breakdown Support](https://signal2forex.com/2019/05/17/gbpusd-probing-breakdown-support/) - The British pound remains extremely weak against the US dollar during, with the pair trading closer to an even larger technical breakdown. The GBPUSD pair offers only limited technical support if the 1.2772 is broken, with the 1.2660 level the likely bearish target. The daily time frame is also showing that sellers are moving closer
- [EURUSD Await US Data](https://signal2forex.com/2019/05/17/eurusd-await-us-data/) - The euro is trading close to the worst levels of the week against the US dollar as traders await key macroeconomic data from the United States economy. A further bearish breakdown below the 1.1165 support level is likely to expose the EURUSD pair to losses towards the 1.1130 level. Technical indicators on the four-hour time
- [GBPAUD Remains in Bearish Correction Despite Latest Pullback](https://signal2forex.com/2019/05/17/gbpaud-remains-in-bearish-correction-despite-latest-pullback/) - GBPAUD is edging slightly higher after the pullback on the 23.6% Fibonacci retracement level of the upleg from 1.7220 to 1.8880 near 1.8485. The RSI is flattening around the neutral threshold of 50, while the stochastic oscillator is moving near the oversold territory. However, the 20- and 40-simple moving averages (SMAs) in the daily chart
- [Trading with Confidence in the Forex Market ](https://signal2forex.com/2019/05/15/trading-with-confidence-in-the-forex-market/) - It goes without saying, but confidence is essential to trading or anything individuals set out to do. There are certain ways to approach building confidence, maintaining it, and making sure traders stay on track. Without confidence, traders can’t perform optimally. There are necessary steps to take to not only build confidence, but to maintain it
- [EUR/GBP Sees Additional Price Strength On Bull Pressure](https://signal2forex.com/2019/05/17/eur-gbp-sees-additional-price-strength-on-bull-pressure/) - EURGBP sees additional price strength on bull pressure following its recent strength. On the downside, support stands at the 0.8700 level where a violation will turn focus to the 0.8650 level. A break below here will aim at the 0.8600 level. Conversely, resistance lies at the 0.8800 level. A violation if seen will turn risk
- [GBP/USD Outlook: Bears Pressure Key Fibo Support At 1.2773](https://signal2forex.com/2019/05/17/gbp-usd-outlook-bears-pressure-key-fibo-support-at-1-2773/) - Cable holds firmly in red and extends weakness close to key support at 1.2773 (Fibo 61.8% of 1.2397/1.3381) on Friday. The pair is on track for the second consecutive weekly close in red and the biggest one-week fall in two months that adds to negative picture. Pessimism over Brexit as PM May will try again
- [EURJPY Gains Expected to Reach Downtrend Line](https://signal2forex.com/2019/05/16/eurjpy-gains-expected-to-reach-downtrend-line/) - EURJPY reversed higher after it tumbled towards a fresh four-month low of 122.07 this week. The technical picture supports that the slightly bullish correction is likely to continue in the short-term. The MACD is stretching to the upside above its trigger line and the stochastic oscillator is approaching the overbought zone in the 4-hour chart.
- [Bitcoin Rally Over?](https://signal2forex.com/2019/05/16/bitcoin-rally-over/) - The price of Bitcoin has skyrocketed about 50% so far this month to a high of $8390, following a 28% rally the month before. The crypto currency has surged past its 200-day moving average, all the way down at around $4440. In other words, BTC/USD would have to half from here to get back to
- [USD/CAD Look For 1.3400](https://signal2forex.com/2019/05/16/usd-cad-look-for-1-3400/) - Pivot (invalidation): 1.3455 Our preference Short positions below 1.3455 with targets at 1.3420 & 1.3400 in extension. Alternative scenario Above 1.3455 look for further upside with 1.3485 & 1.3505 as targets.- advertisement - Comment The RSI lacks upward momentum. Signal2forex reviews
- [GBP/JPY Outlook: Brexit Concerns And Safe-Haven Buying Push The Cross Further Down](https://signal2forex.com/2019/05/15/gbp-jpy-outlook-brexit-concerns-and-safe-haven-buying-push-the-cross-further-down/) - The cross extends weakness to new over three-month low on Wednesday, driven by fresh safe-haven buying and UK government’s announcement that it would hold another Parliament vote on Brexit deal, which has been already voted down three times. Rising Brexit concerns prompted further sterling sale that pushed the cross through important support at 141.00 (15
- [How to Trade Shooting Star Candlestick Patterns ](https://signal2forex.com/2019/05/15/how-to-trade-shooting-star-candlestick-patterns/) - Trading with Shooting Star Candlesticks: Main Talking Points Japanese candlesticks are a popular charting technique used by many traders, and the shooting star candle is no exception. This article will cover the shooting star reversal pattern in depth and how to use it to trade forex. Main talking points: • What is a shooting star candlestick
- [EUR/USD And USD/CHF Remains At Risk Of More Losses](https://signal2forex.com/2019/05/15/eur-usd-and-usd-chf-remains-at-risk-of-more-losses/) - EUR/USD failed to stay above the 1.1260 level and recently declined below 1.1220. USD/CHF declined heavily towards 1.0050 and it is currently correcting towards key resistances. Important Takeaways for EUR/USD and USD/CHF The Euro topped near the 1.1263 level and declined recently below 1.1220 against the US Dollar. There was a break below a connecting
- [EUR/USD Outlook: Euro Remains in Red Despite Solid EU/German Data and US Retail Sales Miss](https://signal2forex.com/2019/05/15/eur-usd-outlook-euro-remains-in-red-despite-solid-eu-german-data-and-us-retail-sales-miss/) - The Euro stands at the back foot at the beginning of the US session on Wednesday, despite solid EU/German GDP data and disappointing US retail sales. German GDP rose 0.4% in Apr while EU figures came in line with expectations, but US retail sales disappointed (Apr -0.2% vs 0.2% f/c and 1.7% prev). Bearish daily
- [EUR/USD Coiled for a Breakout, Near-Term Bias Bearish Below 1.1260](https://signal2forex.com/2019/05/14/eur-usd-coiled-for-a-breakout-near-term-bias-bearish-below-1-1260/) - Risk appetite is stabilizing today, with most major currencies consolidating in tight ranges against one another (though the pound is showing a touch of relative weakness as my colleague Fawad Razaqzada noted earlier). Today’s relative calm gives us chance to reset the technical outlook for the world’s most widely-traded currency pair. From a longer-term perspective,
- [Stock Market Liquidity and the Benefits for Traders](https://signal2forex.com/2019/05/14/stock-market-liquidity-and-the-benefits-for-traders/) - Stock market liquidity is an important concept for traders to understand. Knowing the stocks that are easiest to convert to cash without the price being affected means you will be in a stronger position to buy and sell. In this piece, we’ll explore stock market liquidity in depth, reveal some of the most liquid stocks
- [WTI Outlook: Oil Price Stands at the Front Foot as Middle East Escalation so Far Offsets Negative Impact from Trade War](https://signal2forex.com/2019/05/13/wti-outlook-oil-price-stands-at-the-front-foot-as-middle-east-escalation-so-far-offsets-negative-impact-from-trade-war/) - WTI oil advanced over 2% on Monday, supported by rising tensions as two Saudi tankers were attacked on Sunday. The oil price maintains strong bullish near-term stance, despite the latest news on deepening crisis between the US and China, as China announced their steps in response to increase of tariffs from the US. Rising fears
- [Market Morning Briefing: Euro-Yen Has Bounced Back From 122.5](https://signal2forex.com/2019/05/14/market-morning-briefing-euro-yen-has-bounced-back-from-122-5/) - STOCKS The US-China trade war has been heated up further after China announced to impose tariffs on US good which will come into effect from June 1. This has triggered further sell-off in the equity segment and continues to keep the outlook bearish. Further developments on the this trade negotiation front will need a close
- [GBPJPY Looks Oversold Near 3-Month Lows](https://signal2forex.com/2019/05/14/gbpjpy-looks-oversold-near-3-month-lows/) - GBPJPY came under strong pressure after closing below the 143.75 key support level last week, with the price falling towards a three-month low of 141.19 on Monday. The sell-off however could be overstretched as both the RSI and the Stochastics are fluctuating near oversold levels, a signal justified by the current positive price movement. A
- [Market Morning Briefing: Aussie Is Trading Just Below 0.70](https://signal2forex.com/2019/05/13/market-morning-briefing-aussie-is-trading-just-below-0-70/) - These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of
- [GBP/USD Outlook: Bears Show Signs Of Fatigue Above 200SMA But No Signals Of Reversal So Far](https://signal2forex.com/2019/05/10/gbp-usd-outlook-bears-show-signs-of-fatigue-above-200sma-but-no-signals-of-reversal-so-far/) - Cable holds within narrow range in European trading on Friday and attempts to stabilize above psychological 1.30 support. Thursday’s long-legged Doji suggests that strong three-day fall might be running out of steam and profit-taking may prompt recovery. With existing hopes of deal in US/China talks, risk aversion showed initial signs of stall that could help
- [Elliott Wave Analysis: DAX Can Find Support And A Bullish Turn Around 11800-11950](https://signal2forex.com/2019/05/13/elliott-wave-analysis-dax-can-find-support-and-a-bullish-turn-around-11800-11950/) - Yen opened stronger and dollar rallied as stocks turned down following new Trump tweets about US-China trade deal. We see SP500 futures gaping down, same as DAX which is headed back to the lows it seems after only three waves up to 12200 area. There are new supports that we have to keep an eye
- [GBPJPY Retains Downside Bias On Bear Pressure](https://signal2forex.com/2019/05/10/gbpjpy-retains-downside-bias-on-bear-pressure/) - GBPJPY retains downside bias on bear pressure as it looks to follow through lower in the days ahead. further on Wednesday following its price extension. On the downside, support comes in at the 142.50 level where a violation will aim at the 142.00 level. A break below here will target the 141.50 level followed by
- [USD/JPY Outlook: Bears Are Taking A Breather As Markets Await Results From Trade Talks](https://signal2forex.com/2019/05/10/usd-jpy-outlook-bears-are-taking-a-breather-as-markets-await-results-from-trade-talks/) - Bears are taking a breather on Friday following steep fall in past three days that cracked key support at 109.71 (25 Mar low) but s far failing to register close below. Overextended daily techs and markets awaiting news from US/China trade talks, keep bears temporarily on hold, but fears that talks would end without deal,
- [US 100 Index Corrects Lower, but Broader Picture Still Positive](https://signal2forex.com/2019/05/10/us-100-index-corrects-lower-but-broader-picture-still-positive/) - The US 100 index retreated this week, after reaching a new all-time high in late April. However, the bears have so far been unable to push the price below the 50-day simple moving average (SMA), and as long as that remains the case, the broader outlook still seems positive. In case of further declines, a
- [Elliott Wave Analysis: USD/CHF Aims Higher After A Correction; AUD/NZD Expecting a Minor Consolidation](https://signal2forex.com/2019/05/10/elliott-wave-analysis-usd-chf-aims-higher-after-a-correction-aud-nzd-expecting-a-minor-consolidation/) - USDCHF just came into an important support area for wave 4 around ideal 38,2% Fibo. retracement and clearly with a three-wave a-b-c corrective decline. But, only if we see a strong bounce back above 1.0160 region, only then we may consider a completed correction and ongoing bullish continuation for wave 5. USDCHF, 1h - advertisement
- [Euro Advances to New Weekly High after Weak US CPI](https://signal2forex.com/2019/05/10/euro-advances-to-new-weekly-high-after-weak-us-cpi/) - The Euro hits new weekly high following rally after weaker than expected US inflation data pushed dollar lower. The single currency maintains bullish bias, despite Thursday’s strong upside rejection and is on track for the second consecutive weekly close in green. Fresh advance probes again above important double-Fibo barrier at 1.1240/42 (38.2% of 1.1448/1.1111 /
- [USD/CAD Outlook: Loonie Surges on Upbeat Canada’s Jobs Data, US CPI Miss](https://signal2forex.com/2019/05/10/usd-cad-outlook-loonie-surges-on-upbeat-canadas-jobs-data-us-cpi-miss/) - The pair fell sharply and hit the lowest levels since 1 May on Friday, after US inflation fell below expectation and upbeat Canada’s labor data boosted loonie. US CPI rose 0.3% in Apr, missing 0.4% forecast after inflation rose by 0.4% in Mar and suggesting that underlying inflation remains muted that would keep Fed on
- [Crude Oil Look For 63.25](https://signal2forex.com/2019/05/10/crude-oil-look-for-63-25/) - Pivot (invalidation): 61.70 Our preference Long positions above 61.70 with targets at 62.90 & 63.25 in extension. Alternative scenario Below 61.70 look for further downside with 61.35 & 60.90 as targets.- advertisement - Comment The RSI is bullish and calls for further advance. Signal2forex reviews
- [Quantitative Trading Strategies with Mathew Verdouw | Podcast](https://signal2forex.com/2019/05/10/quantitative-trading-strategies-with-mathew-verdouw-podcast/) - Key points covered in this podcast - What being a ‘quant’ really means in today’s trading scene - How trading education has ramped up the quantitative focus - The techniques to apply to your own quantitative analysis Mathew Verdouw is a charted market technician, founder and CEO of trading software company Optuma, and 22-year veteran
- [Elliott Wave Analysis: GBPAUD In A Temporary Correction; 1.860/1.870 Can Represent A Reversal!](https://signal2forex.com/2019/05/09/elliott-wave-analysis-gbpaud-in-a-temporary-correction-1-860-1-870-can-represent-a-reversal/) - GBPAUD looks to have found a low at the 1.853 level, from where price started to rose again. Ideally a three-wave retracement started to unfold, that can in upcoming sessions look for resistance, and a bearish turn around the 1.866/1.872 region, where various Fibonacci ratios and the former swing high are located. We are certain
- [Bitcoin Bursts Back Above 6,000](https://signal2forex.com/2019/05/09/bitcoin-bursts-back-above-6000/) - Most risk assets are selling off on fears of a negative outcome from US-China trade talks, but Bitcoin is quietly defying that trend. The world’s oldest cryptoasset has rallied nearly 100% from its mid-December lows to regain the 6k handle for the first time since November. More to the point, price is testing a critical
- [AUD/USD Towards 0.6945](https://signal2forex.com/2019/05/09/aud-usd-towards-0-6945/) - Pivot (invalidation): 0.6995 Our preference Short positions below 0.6995 with targets at 0.6960 & 0.6945 in extension. Alternative scenario Above 0.6995 look for further upside with 0.7010 & 0.7025 as targets.- advertisement - Comment The RSI advocates for further downside. Signal2forex reviews
- [EUR/USD Climbing Higher While USD/JPY Tumbles](https://signal2forex.com/2019/05/08/eur-usd-climbing-higher-while-usd-jpy-tumbles/) - EUR/USD is currently trading nicely above the 1.1160 and 1.1180 support levels. USD/JPY declined heavily recently and broke the 110.80 and 110.50 support levels. Important Takeaways for EUR/USD and USD/JPY The Euro corrected lower recently and tested the 1.1160-1.1165 support area. There is a major bearish trend line in place with resistance near 1.1208 on
- [USDCHF Consolidates but Holds Near 2-Year Highs](https://signal2forex.com/2019/05/08/usdchf-consolidates-but-holds-near-2-year-highs/) - USDCHF is lacking near-term direction as the pair continues to consolidate after touching a two-year high of 1.0235 in April. The RSI has come off from overbought levels and the MACD histogram has crossed below its red signal line, pointing to some downside risks. However, the declines have been gradual and both indicators are looking
- [Elliott Wave Analysis: USDZAR and Crude Oil Beautiful Patterns](https://signal2forex.com/2019/05/08/elliott-wave-analysis-usdzar-and-crude-oil-beautiful-patterns/) - USDZAR is trading bullish but currently price may slow down in an a-b-c correction, where ideal support would be around previous wave »iv« and 14.25 level. But, any earlier strong rise back above 14.53 region would be an indication of a completed correction within uptrend. USDZAR, 1h - advertisement - OIL can be finishing a
- [WTI Oil Outlook: Directionless N/T Mode Extends As Signals Remain Mixed](https://signal2forex.com/2019/05/07/wti-oil-outlook-directionless-n-t-mode-extends-as-signals-remain-mixed/) - WTI oil holds in narrow range directionless mode on Tuesday, following Monday’s strong rejection at converged 200/55SMA’s ($60.64/49) and repeated failures to close below cracked Fibo pivot at $61.40 (61.8% of $58.20/$66.58 upleg). This indicates that bears face strong headwinds, but factors that strongly influence near-term price action are mixed and lack direction signal. Renewed
- [EUR/USD Outlook: EC Downgrades Outlook and Sends Euro Lower](https://signal2forex.com/2019/05/07/eur-usd-outlook-ec-downgrades-outlook-and-sends-euro-lower/) - The Euro stands at the back foot at the beginning of US trading on Tuesday, as the weakness started in early European session on weaker than expected German data and accelerated after the European Commission in its report, downgraded outlook for the EU and Germany. With dollar remaining steady from safe-haven buying on the newest
- [USDTRY Flirts With 7-Month High; Extends Positive Move](https://signal2forex.com/2019/05/07/usdtry-flirts-with-7-month-high-extends-positive-move/) - USDTRY has been in a flying mode today, reaching a new seven-month high of 6.1952. Looking at the technical indicators, the RSI is still hovering in the overbought area, suggesting a possible overstretched market in the daily chart, while the MACD rose above the trigger line, confirming the recent bullish tendency in price action. If
- [BTCUSD $6,000 Key Resistance](https://signal2forex.com/2019/05/07/btcusd-6000-key-resistance/) - Bitcoin is starting to receive a fresh round of buying demand in early Tuesday trade with the number one cryptocurrency breaking through the $5,800 resistance level. The $5,620 is now former key resistance turned key support if the BTCUSD pair moves below the $5,800 level. Overall, the BTCUSD pair is targeting the $6,000 level and
- [GBP/USD Could Rebound Further Above 1.3200](https://signal2forex.com/2019/05/07/gbp-usd-could-rebound-further-above-1-3200/) - Key Highlights The British Pound rebounded nicely and traded above 1.3150 against the US Dollar. A major bullish trend line is forming with support near 1.3035 on the 4-hours chart of GBP/USD. The Euro Area Retail Sales in March 2019 increased 1.9% (YoY), better than the 1.8% forecast. UK’s BRC Like-for-Like Retail Sales in April
- [GOLD Recovery Threats Remain Intact Despite Price Hesitation](https://signal2forex.com/2019/05/06/gold-recovery-threats-remain-intact-despite-price-hesitation/) - GOLD recovery threats remain intact despite price hesitation during Monday trading session. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 level. Below here if seen could
- [Bulls Can Take EUR/JPY Over At The 122.5/122.0 Area](https://signal2forex.com/2019/05/06/bulls-can-take-eur-jpy-over-at-the-122-5-122-0-area/) - EURJPY is trading in a bigger, three-wave reversal up from December of 2018 lows. We labelled a completed wave A/1, which can now be followed by a temporary three-wave a-b-c pullback labelled as wave B/2, with possible support zone here at the lower side of a corrective channel range around the 122.5/122.0 region, where Fibonacci
- [GBP/USD Must Break 1..30 Or 1.32](https://signal2forex.com/2019/05/06/gbp-usd-must-break-1-30-or-1-32/) - The GBP/USD could still be in the wave 1-2 (blue) pattern but this outlook has become less probable after the large spike up. The alternative is a bullish wave 1-2 (red) pattern after price completed a bearish ABC (red) pattern. The correct wave pattern will depend on the breakout of the trend channel. A bullish
- [AUD/USD Outlook: Aussie Hit New Low As Sentiment Soured After Renewed US/China Trade Friction](https://signal2forex.com/2019/05/06/aud-usd-outlook-aussie-hit-new-low-as-sentiment-soured-after-renewed-us-china-trade-friction/) - The Aussie dollar holds within choppy range above new two-month low at 0.6962, after strong gap-lower opening today, as Aussie was hurt by souring sentiment in US/China trade talks. Fresh bears found footstep above key Fibo support at 0.6931 (61.8% of 0.6706/0.7295), violation of which would risk extension towards 0.6900 zone, where a number of
- [EURUSD Turns Off Lower Prices With Eyes On Upside](https://signal2forex.com/2019/05/06/eurusd-turns-off-lower-prices-with-eyes-on-upside/) - EURUSD turns off lower prices with eyes on upside pressure. This has opened the door for more gain in the days ahead. Support comes in at the 1.1150 where a violation will turn risk to the 1.1100 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.1000. Conversely,
- [EUR/USD Outlook: Stronger US Jobs Data Would Further Boost Euro Bears](https://signal2forex.com/2019/05/03/eur-usd-outlook-stronger-us-jobs-data-would-further-boost-euro-bears/) - The Euro holds in red for the third straight day and extends weakness through strong Fibo support at 1.1170 (Fibo 61.8% of 1.1111/1.1264 upleg) in early European trading on Friday. Wednesday’s bearish candle with long upper shadow that was left after Fed, continues to weigh, adding to bearish daily studies. Bears probe below the base
- [Oil Slips 3.2% On Fears Of Inventory Build Up](https://signal2forex.com/2019/05/03/oil-slips-3-2-on-fears-of-inventory-build-up/) - Crude oil prices posted sharp declines on Thursday as the price of WTI crude oil settled at 61.56. The declines in oil prices come as at the EIA’s weekly inventory report showed an increase in inventories. The declines marked a one-month low in oil. Volatility in the oil prices could continue as Iran’s sanctions on
- [GBPJPY Fails To Jump Above Descending Triangle Formation](https://signal2forex.com/2019/05/03/gbpjpy-fails-to-jump-above-descending-triangle-formation/) - GBPJPY had a strong pullback on the downtrend line of the descending triangle around 145.85, which has been holding since March 14, sending prices slightly below the 20- and 40-simple moving averages (SMAs) in the 4-hour chart. From the technical point of view, the price could lose some momentum in the short-term as the RSI
- [EW Update: 10 Year US Notes And USD/JPY](https://signal2forex.com/2019/05/03/ew-update-10-year-us-notes-and-usd-jpy/) - We see dollar strong ahead of US NFP report which is expected to come out at 181K, so we can expect strong dollar to resume to even higher prices if we get number above 200k. Below 170k, we will most likely see a pullback. Technically speaking, there us a lot of short-term patterns on different
- [GBPUSD 1.3000 Now Key Support](https://signal2forex.com/2019/05/03/gbpusd-1-3000-now-key-support/) - The British pound is back under downside pressure against the US dollar after the Bank of England revised its inflation expectations lower during yesterday’s rate meeting. The GBPUSD pair has a bearish intraday bias while trading below the 1.3050 level and may target the 1.3000 support level. Overall, traders are likely to remain cautious ahead
- [EURUSD Heavily Bearish Below 1.1164](https://signal2forex.com/2019/05/03/eurusd-heavily-bearish-below-1-1164/) - The euro currency has eroded its strong weekly gains against the US dollar after buyers failed to gain traction above the 1.1216 resistance level. If sellers move price under the 1.1164 support level the EURUSD pair will come under heavy technical selling. Bulls need to stabilize price above the 1.1190 level in order to turn
- [BTCUSD Increasingly Bullish](https://signal2forex.com/2019/05/03/btcusd-increasingly-bullish/) - Bitcoin continues to build on its strong weekly trading gains, with the BTCUSD pair now targeting the $5,500 resistance level. The Ichimoku indicator on the daily time frame is highlighting that Bitcoin has now broken above key technical resistance, at $5,290. The $5,700 level now offers the strongest form of technical resistance if BTCUSD bulls
- [XAU/USD Testing Falling Wedge Pattern](https://signal2forex.com/2019/05/03/xau-usd-testing-falling-wedge-pattern/) - During the previous trading session, the price for gold traded sideways between the Fibonacci 38.20% retracement and the lower boundary of the falling wedge pattern, located at 1,273.68 and 1,269.55 respectively. Given that the XAU/USD exchange rate is pressured by the 55-, 100– and 200-hour SMAs, it is likely, that a breakout north from the
- [USDJPY Still Under Pressure](https://signal2forex.com/2019/05/03/usdjpy-still-under-pressure/) - The US dollar remains under downside pressure against the Japanese yen currency on Friday following a sharp decline in US equity markets. The USDJPY pair is currently struggling to move above the 111.60 resistance level as overall risk sentiment is fairly subdued. Traders now await the release of the United States monthly jobs report, with
- [EUR/USD Pressured By Moving Averages](https://signal2forex.com/2019/05/03/eur-usd-pressured-by-moving-averages/) - Yesterday, the EUR/USD currency pair stepped lower to the weekly PP at the 1.1175 mark. During today’s morning, the pair declined to the lower boundary of the short-term ascending channel at 1.1160. From a theoretical point of view, it is likely, that a reversal north could occur in the nearest future. A possible upside target
- [USD/JPY: Short-Term Channel In Sight](https://signal2forex.com/2019/05/03/usd-jpy-short-term-channel-in-sight/) - Yesterday, the USD/JPY currency pair tried to surpass the resistance level formed by the 100-hour SMA and the monthly PP at 111.55. From a theoretical point of view, a reversal south should occur in the nearest future, as the pair is trading near the upper boundary of the short-term descending channel at 111.53. A possible
- [GBP/JPY Needs A Reversal Pattern Confirmation To Bounce From The POC Zone](https://signal2forex.com/2019/05/03/gbp-jpy-needs-a-reversal-pattern-confirmation-to-bounce-from-the-poc-zone/) - The GBP/JPY has reached the POC zone so we might see a bounce. Bounce is possible only if the pair makes a bullish reversal formation. 145.00-15 is the zone where the popular “Dragon” might bounce. We see a lot of confluence factors including HTF confirmation, ascending trend line, ATR pivot and D L3 camarilla. What
- [US 30 Index Eases Below 6-Month High; Indicators Suggest Bearish Bias](https://signal2forex.com/2019/05/03/us-30-index-eases-below-6-month-high-indicators-suggest-bearish-bias/) - The US 30 index is trading below the six-month high of 26,712, remaining well above the ‘golden cross’ between the 50- and 200-day simple moving averages (SMAs). The index is on the back foot and the technical indicators suggest that the market could ease a little bit in the short-term; the MACD is easing in the positive zone,
- [USD/JPY Range Bound Below Key 112.00 Resistance](https://signal2forex.com/2019/05/03/usd-jpy-range-bound-below-key-112-00-resistance/) - Key Highlights The US Dollar failed to hold gains above 112.20 and declined recently against the Japanese Yen. A crucial bearish trend line in place with resistance near 111.85 on the 4-hours chart of USD/JPY. The US Initial Jobless Claims in the week ending April 27, 2019 were unchanged from 230K. The US nonfarm payrolls
- [Gold Steadies Near The 200-Day Moving Average](https://signal2forex.com/2019/05/03/gold-steadies-near-the-200-day-moving-average/) - The precious metal fell 0.56% on the day on Thursday. However, by the session’s close, gold prices pulled back, consolidating near the 200-day moving average. The rebound in gold prices comes amid reports that the US and China trade talks could hit some obstacles. However, traders are holding back ahead of the payrolls report due
- [USD/CAD Resumes Bullish Trend on Fed, Oil Drop](https://signal2forex.com/2019/05/02/usd-cad-resumes-bullish-trend-on-fed-oil-drop/) - The USD/CAD could be on the verge of another move higher. Not only has the US dollar resumed its bullish trend following the FOMC meeting last night, but the price of crude oil has been falling in recent days, eroding the value of the positively-correlating Canadian dollar, while equities have been struggling, which is normally
- [BTCUSD Surpasses Ichimoku Cloud; Indicators Signal Bullish Bias](https://signal2forex.com/2019/05/02/btcusd-surpasses-ichimoku-cloud-indicators-signal-bullish-bias/) - BTCUSD is hovering above the Ichimoku cloud and the 20- and 40-simple moving averages (SMAs) in the 4-hour chart, which are ready to post a bullish cross in the next few sessions. The price found strong support near the 23.6% Fibonacci retracement level of the upward rally from 3313 to 5600, around 5062. The technical
- [USDJPY Backs Off Lower Prices With Eyes 112.03 Zone](https://signal2forex.com/2019/05/02/usdjpy-backs-off-lower-prices-with-eyes-112-03-zone/) - USDJPY backs off lower prices with eyes on 112.03 zone following its price halt. On the upside, resistance comes in at 112.50 level. Above this level will turn attention to the 113.00 level. Further out, we expect a possible move towards the 113.50 level. A cut through here will open the door for more gain
- [USDJPY Under Descending Line, Bias Neutral-To-Bullish](https://signal2forex.com/2019/05/02/usdjpy-under-descending-line-bias-neutral-to-bullish/) - USDJPY met heavy resistance from the soft descending line drawn from the 114.54 top last week, ending bullish action at a four-month high of 112.39. The pair is currently fluctuating around its 200-day simple moving average (SMA), with momentum indicators pointing to a neutral-to-bullish short-term trading; the red Tenkan-sen is flat slightly above the blue
- [GBP/USD Approaches Resistance ahead of Key Events](https://signal2forex.com/2019/05/01/gbp-usd-approaches-resistance-ahead-of-key-events/) - Earlier, we wrote that the GBP/USD will be facing a key test this week ahead of the Federal Reserve’s rate decision this evening, the Bank of England’s Super Thursday tomorrow and the US monthly jobs on Friday. From a technical point of view, the bulls would be encouraged by the pound’s desire to climb back
- [Market Morning Briefing: The Aussie Trades Above Support At 0.70](https://signal2forex.com/2019/05/02/market-morning-briefing-the-aussie-trades-above-support-at-0-70/) - STOCKS The US Federal Reserve cited that the rates could either way while the market seems to have weighed more for a “no rate cut” going forward. As a result some profits have been taken-off from the US equities overnight. Dow (26430.14, -162.77, -0.61%) has declined sharply. Immediate support is at 26410 – the 21-day
- [GBPUSD Faces Further Price Recovery Higher On Correction](https://signal2forex.com/2019/05/01/gbpusd-faces-further-price-recovery-higher-on-correction/) - GBPUSD faces further price recovery higher on correction. Support lies at 1.3000 as it look for more weakness. Below that level will open the door for more decline towards 1.2950 level. Further down, support comes in at the 1.2900 level where a break will turn focus to the 1.2850 level. Further down, support lies at
- [WTI OIL Outlook: Oil Price Holds Positive Tone ahead of Crude Inventories Report](https://signal2forex.com/2019/05/01/wti-oil-outlook-oil-price-holds-positive-tone-ahead-of-crude-inventories-report/) - WTI oil price holds steady on Wednesday, following strong upside rejection on Tuesday and subsequent fall that was accelerated by strong build in US crude stocks (API report showed 6.8 mln bls build vs expected rise of 1.5 mln bls). On the other side, escalation of crisis in Venezuela and tightening US sanctions on Iran,
- [7 Step Trading Checklist Before Entering Any Trade](https://signal2forex.com/2019/05/01/7-step-trading-checklist-before-entering-any-trade/) - The video above focuses on the main aspects of the trading checklist and this article seeks to unpack further aspects of the trading checklist in greater detail. Why You Should Use a Trading Checklist Implementing a trading checklist is a vital part of the trading process because it helps traders to stay disciplined, stick to
- [GBP/USD Outlook: Brexit Optimism Keeps Bulls Fully In Play Ahead Of Key Data](https://signal2forex.com/2019/05/01/gbp-usd-outlook-brexit-optimism-keeps-bulls-fully-in-play-ahead-of-key-data/) - Cable maintains positive tone and extends advance in early European session trading on Wednesday, following Tuesday’s 0.76% rally which penetrated and closed within thick daily cloud (cloud base lays at 1.3024). Fresh bulls, boosted by renewed Brexit optimism on media reports that talks between the government and opposition made substantial progress in Brexit talks, pressure
- [EURUSD Remains On Third Consecutive Day Of Gain](https://signal2forex.com/2019/04/30/eurusd-remains-on-third-consecutive-day-of-gain/) - EURUSD remains on third consecutive day of bullish offensive as the pair eyes more strength. Support comes in at the 1.1200 where a violation will turn risk to the 1.1150 level. A break below here will target the 1.1100 level. Further down, support sits at the 1.1050. Conversely, on the upside, resistance resides at 1.1250
- [Gold Price Approaching Resistance, Fed Decision Next](https://signal2forex.com/2019/05/01/gold-price-approaching-resistance-fed-decision-next/) - Key Highlights Gold price started an upside correction from $1,266 against the US Dollar. There is a major bearish trend line forming with resistance near $1,292 on the 4-hours chart of XAU/USD. The US Pending Home Sales increased 3.8% in March 2019, more than the 1.1% forecast. The Fed Interest Rate Decision is scheduled today
- [NZD/USD Huge Inverted SHS Pattern Suggests Bullish Reversal](https://signal2forex.com/2019/04/30/nzd-usd-huge-inverted-shs-pattern-suggests-bullish-reversal/) - The NZD/USD has formed a bullish SHS pattern so we might see another bullish reaction from the POC zone . The NZD is gaining momentum vs USD just a day prior to FOMC statement and FED cash rate decision. Equities remain solid, so a sense of a mild risk-on sentiment is in play, which may
- [WTI: Crude Oil Set to Resume Slide?](https://signal2forex.com/2019/04/30/wti-crude-oil-set-to-resume-slide/) - After the sharp mid-week reversal, crude oil prices started this week on the front foot. Investors were making a more sober assessment of what Donald Trump said and how the OPEC could possibly accept bringing oil prices lower given that it is mainly the US they are at war with. Nonetheless, the technical damage may
- [EURUSD Lacks Strong Bullish Signals Below 1.12](https://signal2forex.com/2019/04/30/eurusd-lacks-strong-bullish-signals-below-1-12/) - EURUSD tumbled into the 1.11 region on Friday for the first time after almost two years, stretching further its long-term downward pattern. While Monday’s bounce justified oversold signals by the Stochastic indicator, the weakness in the RSI, which continues to hover below 50, and the negative slope in the Ichimoku indicators (red Tenkan-sen and blue
- [USDJPY Testing Higher](https://signal2forex.com/2019/04/29/usdjpy-testing-higher/) - The US dollar is attempting to move higher against the Japanese yen on Monday, with the pair holding a slight bullish bias above the 111.60 level. The one-hour time frame is showing a small bearish pattern, with the 110.90 level the overall downside target. Buyers need to once again move price above the 112.00 level
- [EURUSD Testing Neckline Resistance](https://signal2forex.com/2019/04/29/eurusd-testing-neckline-resistance/) - The euro currency is testing back towards key intraday resistance against the US dollar as short-term bulls attempt to take back control of price action. If bulls can rally price above neckline resistance, the 1.1200 level may start to come into focus. The downside projection of the bearish head and shoulders pattern on the four-hour
- [BTCUSD $4,900 Critical Support](https://signal2forex.com/2019/04/29/btcusd-4900-critical-support/) - Bitcoin is attempting to correct higher in early week trade after the BTCUSD pair found strong support from the $4,930 level last week. Buyers need to move the BTCUSD pair above the $5,200 level in order to regain bullish short-term trading momentum. Daily price closes above the $5,260 level should also encourage further gains, while
- [AUDUSD Faces Recovery Threats Though Vulnerable](https://signal2forex.com/2019/04/29/audusd-faces-recovery-threats-though-vulnerable/) - AUDUSD faces recovery threats though vulnerable medium term. On the upside, resistance lies at the 1.7100 level. A cut through here will turn attention to the 0.7150 level and then the 0.7200 level where a violation will set the stage for a retarget of the 0.7250 level. Support resides at the 0.7000 level where a
- [EUR/USD Rebound Could Be Capped, US GDP Impresses](https://signal2forex.com/2019/04/29/eur-usd-rebound-could-be-capped-us-gdp-impresses/) - Key Highlights The Euro declined to a new monthly low at 1.1110 and later recovered against the US Dollar. A crucial bearish trend line is in place with resistance at 1.1190 on the 4-hours chart of EUR/USD. The US GDP in Q1 2019 (Prelim) increased 3.2%, more than the 2.0% forecast. The Euro Zone Business
- [Gold – Pivotal Week as Bulls Fight On](https://signal2forex.com/2019/04/29/gold-pivotal-week-as-bulls-fight-on/) - A big week for uncertain gold market Gold is trading a little lower at the start of the week, perhaps a sign of early profit taking after the yellow metal popped higher on the back of the US first quarter GDP data. It may have been surprising to see gold rallying in the aftermath of
- [EUR/USD Outlook: Bears Take A Breather Above New 22-Mth Low Ahead Of US Data](https://signal2forex.com/2019/04/26/eur-usd-outlook-bears-take-a-breather-above-new-22-mth-low-ahead-of-us-data/) - The Euro is consolidating above new multi-month low at 1.1118 (also low of 20 Jun 2017) on Friday, following strong bearish acceleration in past three days, when the single currency lost 1.1%. Broadly stronger dollar keeps the Euro under pressure, which is reinforced by weaker than expected data from Germany and break of pivotal Fibo
- [More Aussie And Cad Weakness, Then Reversal](https://signal2forex.com/2019/04/26/more-aussie-and-cad-weakness-then-reversal/) - AUDUSD and USDCAD remain bearish to complete a higher degree wave C. Both are seen in fourth wave set-backs at the moment, so be aware of more Aussie weakness down to 0.6950 area after possible retest of 0.7050 resistance, while USDCAD can be on the way up to 1.3530/50 area where bears may wake up.
- [NZD/USD Aims For 200-Hour SMA](https://signal2forex.com/2019/04/26/nzd-usd-aims-for-200-hour-sma/) - The New Zealand Dollar bounced off the lower boundary of a descending channel pattern at 0.6580 on Thursday. The Kiwi has gained about 69 base points against the US Dollar since yesterday’s trading session. The currency pair breached has breached both the 50– and 100-hour SMAs and currently aiming for the 200-hour simple moving average
- [USD/CAD Could Edge Lower](https://signal2forex.com/2019/04/26/usd-cad-could-edge-lower/) - The US Dollar has been trading with low volatility against the Canadian Dollar since yesterday’s trading session. The currency pair depreciated about 41 base points on Thursday. As for the near future, it is likely that the currency exchange rate edges lower towards a support level at 1.3399. The 50-hour simple moving average could pressure
- [AUD/USD Breaches 50-Hour SMA](https://signal2forex.com/2019/04/26/aud-usd-breaches-50-hour-sma/) - The Australian Dollar has continued to trade in a descending channel pattern against the US Dollar. The currency pair tested the lower boundary of the channel at 0.6991 during yesterday’s trading session. Everything being equal, it is likely that the AUD/USD exchange rate will aim of the upper band of the channel pattern within this
- [XAU/USD Could Go Upwards](https://signal2forex.com/2019/04/26/xau-usd-could-go-upwards/) - On Thursday, the XAU/USD exchange rate surpassed the 200-hour SMA and reached the psychological level at 1,282.00. From a theoretical point of view, it is likely, that the rate trades upwards, as it is supported by the ascending trend line located in the 1,280.00/1,284.00 range. A possible upside target is the psychological level at 1,285.00.
- [USD/JPY Tested Weekly S3](https://signal2forex.com/2019/04/26/usd-jpy-tested-weekly-s3/) - During the previous trading session, the USD/JPY currency pair dropped to the weekly S3 at 111.38 and reversed north. On the one hand, the pair could trade sideways in the short term, as it is squeezed by the weekly S1 and S2, located at 111.78 and 111.57 respectively. On the other hand, given that the
- [GBP/USD Pressured By 55-Hour SMA](https://signal2forex.com/2019/04/26/gbp-usd-pressured-by-55-hour-sma/) - Yesterday, the GBP/USD currency pair reversed north from the lower boundary of the falling wedge pattern at 1.2880. During today’s morning, the pair tested the resistance of the 55-hour SMA at 1.2910. If the given simple average holds, it is likely, that the exchange rate reverses south and re-rests the lower pattern line. It is
- [EUR/USD Could Trade Sideways](https://signal2forex.com/2019/04/26/eur-usd-could-trade-sideways/) - On Thursday, the EUR/USD exchange rate declined to the lower boundary of the medium-term descending channel at 1.1120. During Friday’s morning, the rate started trade up. It is expected, that some upside potential could prevail in the market. However, important resistance cluster to look out for is a combination of the 55-hour SMA, the weekly
- [USDJPY 111.80 Upcoming Resistance](https://signal2forex.com/2019/04/26/usdjpy-111-80-upcoming-resistance/) - The US dollar is attempting to correct higher against the Japanese yen currency after finding strong technical support from the 111.30 level. The USDJPY pair is attempting to correct higher, with the 111.80 level the strongest form of near-term resistance. The MACD indicator on the four-hour time frame is still bearish and pointing to further
- [WTI OIL Outlook: Extended Pullback Tests Important 20SMA Support](https://signal2forex.com/2019/04/26/wti-oil-outlook-extended-pullback-tests-important-20sma-support/) - WTI oil price holds in red for the third straight day and extends pullback from new 2019 high into third straight day. Weekly chart initial signs of stall of larger uptrend, on bearish divergence on overbought weekly stochastic and Gravestone Doji forming on weekly chart. Pullback was triggered by overbought conditions and profit-taking, as well
- [GBPUSD Attempting To Correct](https://signal2forex.com/2019/04/26/gbpusd-attempting-to-correct/) - The British pound is attempting to correct higher against the US dollar on Friday after finding strong technical support from the 1.2865 level. The GBPUSD pair could start to correct back towards the 1.2960 level if bulls can stabilize price above the 1.2900 level. If the GBPUSD pair trades back under the 1.2900 support level,
- [Euro Bears Frustrated by Mixed US Data but More Evidence Needed to Signal Reversal](https://signal2forex.com/2019/04/26/euro-bears-frustrated-by-mixed-us-data-but-more-evidence-needed-to-signal-reversal/) - The EURUSD stayed at familiar levels following choppy reaction on today’s key event, release of US Q1 GDP data. Surprise acceleration of US growth in the first three months in 2019 (3.2% vs 2.2 prev and 2.0% f/c) was positive signal. The dollar jumped across the board in immediate reaction but bullish signal was offset
- [EUR/JPY Likely To Aim For 50-Hour SMA](https://signal2forex.com/2019/04/26/eur-jpy-likely-to-aim-for-50-hour-sma/) - The common European currency depreciated about 97 base points against the Japanese Yen on Thursday. The decline was stopped by a support level formed by the weekly S3 at 124.26. As for the near future, it is likely that the EUR/JPY currency pair slightly move higher towards a resistance cluster formed by the 50-hour simple
- [EURUSD Still Dropping](https://signal2forex.com/2019/04/25/eurusd-still-dropping/) - The euro currency has continued to move lower against the US dollar during the European trading session as pair edges closer to the 1.1100 support level. The daily time frame chart is showing that the EURUSD pair has limited support until the 1.1010 level is the 1.1100 level is breached. Technical indicators across the daily
- [AUD/USD And NZD/USD Approaching Crucial Hurdles](https://signal2forex.com/2019/04/26/aud-usd-and-nzd-usd-approaching-crucial-hurdles/) - AUD/USD started an upside correction after trading below the 0.7000 level. NZD/USD recovered nicely above 0.6620, but it seems to be approaching a major hurdle near the 0.6660 area. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar declined heavily and even spiked below the 0.7000 support against the US Dollar. There is a major
- [EUR/JPY Decline Continues](https://signal2forex.com/2019/04/25/eur-jpy-decline-continues/) - The common European currency has continued its decline against the Japanese Yen. The currency pair depreciated about 79 base points during Wednesday’s trading session. Given that the 50-, 100– and 200-hour SMAs are above the price level, most likely, the currency exchange rate will continue its decline within this session. The pair could aim for
- [Brent Crude – Where Does the Rally End?](https://signal2forex.com/2019/04/25/brent-crude-where-does-the-rally-end/) - Oil gathering momentum as Brent hits new highs Oil prices are on the rise again on Thursday, with the inventory data from API and then EIA over the last 48 hours merely causing a pause in the rally despite reporting large increases. It would appear traders are far more interested in oil waivers that were
- [Gold – Cause for Optimism?](https://signal2forex.com/2019/04/25/gold-cause-for-optimism/) - Gold is trading in the green for a second day on Thursday, buoyed by some softness in the dollar. Gold bulls are also likely boosted by price action on Wednesday when the yellow metal made gains even as the greenback surged to a near two-year high. This is encouraged as the relationship between the two
- [How to Be a Part Time Trader: Tips on Workflow and Strategy](https://signal2forex.com/2019/04/24/how-to-be-a-part-time-trader-tips-on-workflow-and-strategy/) - Many people think that trading foreign exchange (FX) requires a lot of time to research the market and to identify trading opportunities. However, the 24-hour nature of FX makes it easier for part time day traders to take advantage of trends in currencies because they are not bound by when an exchange allows them to
- [Market Morning Briefing: The Euro-Yen Has Fallen To 125](https://signal2forex.com/2019/04/25/market-morning-briefing-the-euro-yen-has-fallen-to-125/) - STOCKS Equities broadly remain bullish. Asians are in a consolidation phase within their overall uptrend. DAX looks stronger than others as it has broken above a crucial resistance. Dow (26597.05, -59.34, -0.22%) has come-off slightly yesterday. But the outlook remains bullish. Key supports are at 26560 and 26500 which can limit the downside in the
- [Elliott Wave Update: EURAUD Aiming Towards 1.61 – 1.62](https://signal2forex.com/2019/04/24/elliott-wave-update-euraud-aiming-towards-1-61-1-62/) - AUD may stay weak, if we consider a bullish continuation on EURAUD for wave C within a big expanded flat correction. That said, seems like EURAUD is trading in an impulsive five-wave rise back to a previous wave A swing high to complete a big expanded flat correction, so more upside in view towards 1.61
- [Loonie Falls Further after BoC Lowered Tone/Forecasts](https://signal2forex.com/2019/04/24/loonie-falls-further-after-boc-lowered-tone-forecasts/) - The pair surged above 1.35 barrier, hitting levels last traded in early January, after Bank of Canada kept interest rates unchanged at 1.75% but changed rhetoric about need for future rate hikes and lowered its growth forecast for 2019. Fresh bullish acceleration extends rally of the previous day and broke above key barriers at 1.3450/67
- [USDTRY Challenges 6-Month High, Trades Well Above SMAs](https://signal2forex.com/2019/04/24/usdtry-challenges-6-month-high-trades-well-above-smas/) - USDTRY has advanced above the 20- and 40-day simple moving averages (SMAs) and the 23.6% Fibonacci retracement level of the sell-off from 7.1135 to 5.1330, hitting a new six-month high of 5.8753. Looking at the technical indicators, the stochastic is switching to the upside, challenging the overbought territory, while the RSI is approaching the 70
- [GBP/USD Outlook: Bears Consolidate Above New 2-Mth Low After Eventual Break Below Key 200SMA Support](https://signal2forex.com/2019/04/24/gbp-usd-outlook-bears-consolidate-above-new-2-mth-low-after-eventual-break-below-key-200sma-support/) - Cable hit new two-month low at 1.2914 on Wednesday, in extension of previous day’s strong fall, mainly driven by rallying dollar and soured sentiment on no substantial changes in stalled Brexit talks. Tuesday’s break and close below key supports provided by converging 200 / 100SMA’s at 1.2965/57 respectively (200SMA kept the downside attempts limited since
- [Elliott Wave Analysis: USD/CHF and USD/CAD Intra-day Moves](https://signal2forex.com/2019/04/23/elliott-wave-analysis-usd-chf-and-usd-cad-intra-day-moves/) - Hello traders, USDCHF is trading in an impulsive rise within wave 3, but we see some important Fibo. cluster around 1.0220 area, so watch out for a potential drop and slow down into a wave 4 correction soon. - advertisement - USDCAD is on the rise, away from 1.3333 intraday swing low where we
- [EUR/USD And USD/JPY Facing Uphill Task](https://signal2forex.com/2019/04/24/eur-usd-and-usd-jpy-facing-uphill-task/) - EUR/USD declined recently after it failed to break the 1.1260 resistance area. USD/JPY is currently trading in a broad range, with a strong resistance near the 112.00 zone. Important Takeaways for EUR/USD and USD/JPY The Euro started a major decline after it failed to surpass the 1.1260 resistance. There was a break below a key
- [WTI OIL Outlook: Oil Price Eases from New 2019 High but Bulls Look for Further](https://signal2forex.com/2019/04/23/wti-oil-outlook-oil-price-eases-from-new-2019-high-but-bulls-look-for-further/) - WTI oil eases from new 2019 high at $66.17, as dollar rallies at the beginning of US session on Tuesday. Oil prices received strong boost from decision of the US administration to end temporary exemptions on buying Iranian oil. Signal of stopping all imports from Iran further tightens oil market and boosts the price, which
- [Capital Markets Trading Advice with Jesse Felder | Podcast](https://signal2forex.com/2019/04/23/capital-markets-trading-advice-with-jesse-felder-podcast/) - Key points covered in this podcast - How to master value-hunting in today’s markets - The influence and power of ‘social finance’ - The position extremes to watch out for Jesse Felder is a leading provider of capital markets trading advice and founder of the Felder Report, as well as contributing to a range of
- [Brent Crude – Rallies on Iranian Waiver Expiry](https://signal2forex.com/2019/04/23/brent-crude-rallies-on-iranian-waiver-expiry/) - Oil continues higher as sanctions waiver expiry nears Oil prices are creeping higher again on Tuesday, although they have lost a little of the spark that saw them steamroll through yet another key resistance area at the start of the week. There isn’t much doubt about the trigger for the latest rally, with Trump’s decision
- [GBPUSD Testing Pattern Break](https://signal2forex.com/2019/04/23/gbpusd-testing-pattern-break/) - The British pound is attempting to recover higher against the US dollar after finding interim technical support from the 1.2970 level. The four-hour time frame is showing that GBPUSD buyers are now testing back towards bearish breakout area of the wedge pattern. If buyers move price back inside the pattern, the 1.3035 level offers the
- [Elliott Wave View: Further Strength In Oil](https://signal2forex.com/2019/04/23/elliott-wave-view-further-strength-in-oil/) - Short term Elliott Wave view on Oil suggests the pullback to $63 ended wave 4. Rally in wave 5 is currently in progress and subdivides as an Elliott Wave impulse structure. Up from $63, wave ((i)) ended at $64.61, wave ((ii)) ended at $63.46, and wave ((3)) is expected to complete soon. Both wave ((i))
- [WTI Bursts To A 6-Month High, Bulls May Target 70.00 Next](https://signal2forex.com/2019/04/23/wti-bursts-to-a-6-month-high-bulls-may-target-70-00-next/) - Earlier this month, we noted that April has historically been the most bullish month for West Texas Intermediate (WTI) crude oil, with the commodity gaining an average of nearly 5% in the month over the last 15 years (and a stellar 9% on average over the last 5 years). That seasonal trend is playing out
- [Brent Futures Trade Near Multi-Month High; Upward Sloping Range Holds](https://signal2forex.com/2019/04/22/brent-futures-trade-near-multi-month-high-upward-sloping-range-holds/) - Brent futures skyrocketed towards a multi-month high of 74.30 earlier today but are currently moving slightly below this level. The red Tenkan-sen and the blue Kijun-sen lines are flattening below the price action, suggesting a flat bias after the aggressive buying interest. According to the RSI, the market seems to be ready for negative correction
- [CADJPY Squeezed by Bollinger Band; Strong Movement is Expected](https://signal2forex.com/2019/04/22/cadjpy-squeezed-by-bollinger-band-strong-movement-is-expected/) - CADJPY has been finding strong support on the bullish cross of the 20- and 40-day simple moving averages (SMAs) since the beginning of this month, creating a narrow sideways move above the 50.0% Fibonacci retracement level of the downleg from 89.25 to 76.60, near 82.90. Having a look at the momentum indicators, the RSI is
- [EUR/USD Showing Signs of Weakness Below 1.1300](https://signal2forex.com/2019/04/22/eur-usd-showing-signs-of-weakness-below-1-1300/) - Key Highlights The Euro failed to break the 1.1325 resistance and declined sharply against the US Dollar. EUR/USD traded below a crucial bullish trend line with support at 1.1290 on the 4-hours chart. The US Housing Starts in March 2019 decreased 0.3% (MoM), whereas the forecast was +6.5%. The US Existing Home Sales in March
- [Gold Stops Sell-off Near 4-Month Lows; Eyes on Downtrend Line](https://signal2forex.com/2019/04/22/gold-stops-sell-off-near-4-month-lows-eyes-on-downtrend-line/) - Gold printed fresh losses last week after remaining mostly stable in the first half of the month, slipping near a four-month low of 1,271 on Friday. The price, however, has been flirting with the lower Bollinger band in the past three sessions, while the Stochastics have already registered a bullish cross in oversold area below
- [USDCHF Faces Risk Of Price Extension On Bullishness](https://signal2forex.com/2019/04/21/usdchf-faces-risk-of-price-extension-on-bullishness/) - USDCHF faces risk of price extension on bullishness following its past week strength. Resistance stands at the 1.0150 level. A break of there will clear the way for a run at the 1.0200 level. Above here, resistance lies at the 1.0250 level and then the 1.0300 level. On the downside, support is seen at the
- [GBP/USD Could Reach 1.3000](https://signal2forex.com/2019/04/18/gbp-usd-could-reach-1-3000/) - On Wednesday, the GBP/USD exchange rate tested the support level—the weekly S1 at 1.3027. During today’s morning, the rate surpassed the given support. Given that the currency pair is pressured by the 55-, 100– and 200-hour SMAs, currently located in the 1.3053/1.3071 range, it is expected, that the pair steps lower than the psychological level
- [EURUSD Tumbles On Price Sell Off](https://signal2forex.com/2019/04/19/eurusd-tumbles-on-price-sell-off/) - EURUSD tumbles on price sell off as it look to extend more weakness. Support comes in at the 1.1200 where a violation will turn risk to the 1.1150 level. A break below here will target the 1.1100 level. Further down, support sits at the 1.1050. Its daily RSI is bearish and pointing lower suggesting further
- [Euro Slips on Soft Flash PMI Data](https://signal2forex.com/2019/04/19/euro-slips-on-soft-flash-pmi-data/) - The euro was down 0.57% on the day on Thursday. The strong declines came as the flash PMI reports for the eurozone came out weaker than forecast. The eurozone’s manufacturing PMI eased to 47.8 while services PMI was at 52.5. The data suggests that the economic growth in the eurozone was still weak. Economists were
- [USD/TRY: One to Watch](https://signal2forex.com/2019/04/19/usd-try-one-to-watch/) - The long weekend is fast approaching, and traders are slowly winding down. So, I won’t waste your time with a lengthy report. But I just came across this chart of the USD/TRY, which you may want to keep in your watchlist. The Turkish lira hit a new 2019 low earlier today, causing the USD/TRY to
- [EUR/USD Outlook: The Euro is Recovering after Thursday’s 0.6% Fall](https://signal2forex.com/2019/04/19/eur-usd-outlook-the-euro-is-recovering-after-thursdays-0-6-fall/) - The Euro bounces from new two-week low at 1.1226, posted after Thursday’s 0.6% fall (the biggest one-day loss since 22 Mar). Bears accelerated after weaker than expected Eu members PMI data on Thursday and were boosted by rally of the dollar after upbeat US data. Bearish signal on Thursday’s close below 1.1237 (Fibo 61.8% of
- [Gold Posts Modest Gains After a 5-day Losing Streak](https://signal2forex.com/2019/04/19/gold-posts-modest-gains-after-a-5-day-losing-streak/) - The precious metal was seen posting some modest gains right after prices set a new yearly low for 2019. Gold prices recovered but only slightly. The gains were mostly attributed to the weekly squaring off of positions. Economic data is slowing, bringing back the optimism that the US economy is regaining the momentum in growth.
- [USD/JPY Daily Chart Suggests Pair Approaching Crucial Resistance](https://signal2forex.com/2019/04/19/usd-jpy-daily-chart-suggests-pair-approaching-crucial-resistance/) - Key Highlights The US Dollar settled above the 110.60 and 111.50 resistances against the Japanese Yen. USD/JPY could attempt to surpass a crucial bearish trend line at 112.60 on the daily chart. The US Retail Sales in March 2019 increased 1.6% (MoM), more than the +0.9% forecast. The US Housing Starts in March 2019 could
- [US Crude Turns Flat](https://signal2forex.com/2019/04/19/us-crude-turns-flat/) - Oil prices turned flat at the top end of the rally with price rising only modestly on Thursday. Reports showed that Saudi Arabia’s oil exports fell by 277,000 barrels per day to just under 7 billion bps in February. Supply of crude oil came under pressure after Venezuela joined the US sanctions list alongside Iran. Will Crude
- [USDCAD Finalizes Symmetrical Triangle Formation](https://signal2forex.com/2019/04/19/usdcad-finalizes-symmetrical-triangle-formation/) - USDCAD had another uneventful week as it was congested within the 1.33 area. According to the RSI and the MACD the pair is likely to continue consolidating in the short-term as both indicators show no clear direction. Yet and more interesting, the market seems to be completing a symmetrical triangle, hinting that the sideways move
- [GBPJPY on a Sideways Move; 23.6% Fibonacci Appears to be Strong Support](https://signal2forex.com/2019/04/19/gbpjpy-on-a-sideways-move-23-6-fibonacci-appears-to-be-strong-support/) - GBPJPY has been on a sideways move for the most part of the week as the 23.6% Fibonacci retracement level of the upleg from 132.48 to 148.85, around 145.00 and the 200-day simple moving average seem to be critical obstacles for the bears. From the technical point of view, the price could lose some momentum
- [GBP/USD Outlook: Bears Taking a Breather above Key 200SMA Support](https://signal2forex.com/2019/04/19/gbp-usd-outlook-bears-taking-a-breather-above-key-200sma-support/) - Cable consolidates within narrow range above three-week low at 1.2978 in holiday-thinned Friday’s trading. The pair fell on Thursday, dragged by fresh weakness of Euro on weak EU PMI data, with little help seen from upbeat UK retail sales readings. Bears managed to close below psychological/double-Fibo 1.30 support (Fibo 38.2% of larger 1.2397/1.3381 ascend/Fibo 61.8%
- [US 500 Index Flies Near 6-month Peak; All-time High is Near](https://signal2forex.com/2019/04/19/us-500-index-flies-near-6-month-peak-all-time-high-is-near/) - The US 500 index price skyrocketed to a fresh six-month high of 2918 on Thursday before it pared those gains later in the day. The price is holding above the red Tenkan-sen line as well as above the ‘golden cross’ within the 50- and 200-simple moving averages (SMAs). Technically, the RSI indicator is pointing marginally
- [EURGBP Consolidates the Last 2 Months; Indicators Suggest Bullish Bias](https://signal2forex.com/2019/04/19/eurgbp-consolidates-the-last-2-months-indicators-suggest-bullish-bias/) - EURGBP is in a neutral mode after tumbling below the 38.2% Fibonacci retracement level of the downleg from the 15-month high of 0.9110 to the 22-month low of 0.8470 on February 19; prices are consolidating within the 0.8715 resistance and the 0.8470 support. The technical indicators, however, are pointing to positive momentum in the near
- [GBP/JPY 4H Chart: Set For Breakout](https://signal2forex.com/2019/04/18/gbp-jpy-4h-chart-set-for-breakout/) - The British Pound has appreciated about 9.79% in value against the Japanese Yen since the beginning of January. This movement was guided in an ascending channel pattern. Currently, the currency pair is testing a support level formed by the lower boundary of a four-month ascending channel and the 50-hour simple moving average at 145.79. If
- [Dollar Index Probing 10-Month Highs After US Retail Sales](https://signal2forex.com/2019/04/19/dollar-index-probing-10-month-highs-after-us-retail-sales/) - FX traders were casting a wandering eye ahead toward a long holiday weekend this morning, but the US retail sales report pulled their attention back to their monitors. After a disappointing -0.2% m/m reading in February, US retail sales surged 1.6% in March, with “core” sales (ex-automobile purchases) also coming in strong at 1.2% m/m.
- [EUR/USD Likely To Decline](https://signal2forex.com/2019/04/18/eur-usd-likely-to-decline/) - Yesterday, the EUR/USD currency pair tried top surpass the support level formed by the 55– and 100-hour SMAs at 1.1299. During Thursday’s morning, the Euro significantly depreciated against the US Dollar. It is likely, that the Euro stays under pressure in the nearest future, and the pair continues trading down. A possible downside target is
- [AUD/JPY 4H Chart: Bullish Sentiment To Continue](https://signal2forex.com/2019/04/18/aud-jpy-4h-chart-bullish-sentiment-to-continue/) - The AUD/USD exchange rate has been trading within a narrow ascending channel pattern since the end of March. Given that the currency pair is being pressured by the 50-, 100– and 200-hour simple moving averages, it is likely that an upside potential prevails in the short-term. Most likely, the Aussie will aim for the upper
- [Fed and Interest Rates Discussion with Tim Duy | Podcast](https://signal2forex.com/2019/04/18/fed-and-interest-rates-discussion-with-tim-duy-podcast/) - Key points covered in this podcast - Temporary hiring is a useful indicator for traders to consider - Take bearish monetary policy commentary with a grain of salt - Be wary of the Fed’s ‘phantom inflation menace’ Tim Duy is a professor at Oregon University, expert in the US macroeconomy and author of Tim Duy’s
- [GBPCAD Meets Support at 1.7350 Again; Loses Momentum](https://signal2forex.com/2019/04/18/gbpcad-meets-support-at-1-7350-again-loses-momentum/) - GBPCAD touched the 38.2% Fibonacci retracement level of the upleg from 1.6590 to 1.7795 around 1.7335 once again, failing to decline further. Currently, the price is developing within the Ichimoku cloud, while the 20- and 40-simple moving averages (SMAs) posted a bearish crossover in the preceding sessions. The RSI indicator is flattening, mirroring the market’s
- [Elliott Wave View: Further Correction In Gold Expected](https://signal2forex.com/2019/04/18/elliott-wave-view-further-correction-in-gold-expected/) - After forming a high on February 20, 2019 at $1346.75, Gold has continued to correct lower. The structure of the pullback from February 20 high appears incomplete. This suggests further downside is possible. The decline is unfolding as a zigzag Elliott Wave structure where the yellow metal is currently within wave C. In a zigzag,
- [GBP/JPY Drops to Support amid Brexit Stalemate and CPI Miss](https://signal2forex.com/2019/04/17/gbp-jpy-drops-to-support-amid-brexit-stalemate-and-cpi-miss/) - The British pound was the weakest major currency yesterday on the back of reports that there was no agreement on a customs union between Labour and Conservatives. No surprises there then. It fell further this morning in reaction to the latest consumer inflation data. However, the losses have so far been contained in what has
- [USD/CAD Outlook: Loonie Rises on Solid Data/Weaker Greenback](https://signal2forex.com/2019/04/17/usd-cad-outlook-loonie-rises-on-solid-data-weaker-greenback/) - The pair accelerated lower on Wednesday, as the greenback weakened across the board on signals of stronger than expected China’s economic growth, with Canada’s CPI in line with expectations (Mar 1.9% vs 1.9% f/c) while trade gap unexpectedly narrowed in Feb (-2.9b C$ vs-3.5b C$ f/c). Fresh weakness dipped to one-month low at 1.3274, after
- [USDCHF Moves Towards Major Resistance](https://signal2forex.com/2019/04/18/usdchf-moves-towards-major-resistance/) - USDCHF moves towards major resistance residing at 1.0127 area. Resistance stands at the 1.0127 level. A break of there will clear the way for a run at the 1.0150 level. Above here, resistance lies at the 1.0200 level and then the 1.0250 level. On the downside, support is seen at the 1.0000 level. A turn
- [AUD/USD Outlook: Strong China’s Data Pushed Aussie through Key Barriers](https://signal2forex.com/2019/04/17/aud-usd-outlook-strong-chinas-data-pushed-aussie-through-key-barriers/) - The Aussie dollar maintains positive tone and holding near two-month high at 0.7205 at the beginning of US session on Wednesday. Stronger than expected data from China that showed faster than expected economic growth, boosted Australian dollar for probe above key barriers at 0.7183/93 (cracked Fibo 61.8% of 0.7295/0.7003 descend / 200SMA). Fresh bulls signal
- [AUDUSD Pierces 200-Day MA After A Year, Bias Cautiously Bullish](https://signal2forex.com/2019/04/17/audusd-pierces-200-day-ma-after-a-year-bias-cautiously-bullish/) - AUDUSD crawled slightly above the 200-day simple moving average (SMA) early on Wednesday for the first time in more than a year to meet resistance at a two-month high of 0.7205. Positive momentum could hold in the short term as the red Tenkan-sen line continues to gain ground above the blue Kijun-sen, while the MACD
- [WTI Oil Outlook: Pullback Holds above 10SMA ahead of Oil Inventories](https://signal2forex.com/2019/04/16/wti-oil-outlook-pullback-holds-above-10sma-ahead-of-oil-inventories/) - WTI oil price holds slight bid tone on Tuesday following double downside rejection ($63.02/11 on Fri/Mon) and Monday’s close above 10SMA ($63.45) which also formed Hammer candle, generating initial signal of stall of pullback from $64.77 peak. Repeated close above 10SMA today would reinforce signal and increase hopes of reversal. Bullish momentum and daily MA
- [CAD/JPY Bounces Off Support](https://signal2forex.com/2019/04/16/cad-jpy-bounces-off-support/) - Earlier, we reported that the EUR/JPY could make a comeback thanks to the ongoing rally in stock markets, boosting the appeal of XXX/JPY pairs. Another potential reversal may already have taken place in the CAD/JPY, ahead of Canadian CPI data tomorrow. The CAD/JPY has been printing bullish price action ever since the head and shoulders
- [GBPAUD Rebounds on 2-month Low; Downside Correction in Near Term](https://signal2forex.com/2019/04/16/gbpaud-rebounds-on-2-month-low-downside-correction-in-near-term/) - GBPAUD rebounded on the two-month low of 1.8195 on Monday, sending prices above the 38.2% Fibonacci retracement level of the upleg from 1.7220 to 1.8860, around 1.8195. The RSI is turning slightly higher approaching the 50 level, while the stochastic seems to be strongly bullish as the %K line and the %D line completed a
- [XAU/USD Outlook: Spot Gold Falls to 4 1/2 Month Low, Pressured by Strong Risk Mode](https://signal2forex.com/2019/04/16/xau-usd-outlook-spot-gold-falls-to-4-1-2-month-low-pressured-by-strong-risk-mode/) - Spot gold holds in red for the fourth straight day and accelerates lower in early US trading on Tuesday. Fresh weakness hit new 4 1/2 month low, marking daily loss of 0.93% until now. Solid economic data from major economies and fresh optimism over US/China trade talks boosted risk sentiment, reducing significantly safe-haven demand. Fresh
- [EUR/USD Completes Bearish ABC Correction In Uptrend](https://signal2forex.com/2019/04/16/eur-usd-completes-bearish-abc-correction-in-uptrend/) - The EUR/USD is using the 21 ema zone as support. If price manages to stay above the support trend line (blue), then a bullish trend continuation is the mostly scenario. In that case, the Fibonacci targets could be in vision as the main levels to aim for. The EUR/USD seems to have completed an ABC
- [GBP/USD Remains In Uptrend Above 1.3000](https://signal2forex.com/2019/04/16/gbp-usd-remains-in-uptrend-above-1-3000/) - Key Highlights The British Pound remains well supported above the key 1.3000 support against the US Dollar. A major bullish trend line is in place with support at 1.3040 on the daily chart of GBP/USD. The NY Empire State Manufacturing Index in April 2019 increased from 3.7 to 10.1. The UK Claimant Count in Feb
- [Netflix Stock Eases Below SMAs In Neutral Bias](https://signal2forex.com/2019/04/15/netflix-stock-eases-below-smas-in-neutral-bias/) - Netflix stock price posted a significant red day on Friday, heading below the short-term moving averages in the daily timeframe, creating a neutral bias. The RSI indicator dropped beneath the 50 level with strong momentum, while the MACD oscillator is weakening below the trigger line over the last three months, but it is still developing
- [GOLD Looks To Extend Its Bear Pressure](https://signal2forex.com/2019/04/15/gold-looks-to-extend-its-bear-pressure/) - GOLD looks to extend its bear pressure as it following through lower on the back of its past week losses during Monday trading session. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level. Further down, a cut through here will open the door for
- [DOW: Sentiment Sours on Weak Bank Earnings](https://signal2forex.com/2019/04/15/dow-sentiment-sours-on-weak-bank-earnings/) - The Dow Jones eases from marginally higher one-week high at 26474 on Monday, as mixed bank earnings soured the sentiment. Signals that earnings season will disappoint came from weaker than expected earnings results for Goldman Sachs, Citi and Bank of America. Dow lost traction after last Friday’s 1.02% advance on approach to 2019 high at
- [EURUSD Sets Up To Extend Recovery Threats](https://signal2forex.com/2019/04/15/eurusd-sets-up-to-extend-recovery-threats/) - EURUSD sets up to extend recovery threats as the pair still retains its upside pressure. Support comes in at the 1.1250 where a violation will turn risk to the 1.1200 level. A break below here will target the 1.1150 level. Further down, support sits at the 1.1100. Conversely, on the upside, resistance resides at 1.1350
- [Crude Oil Consolidation](https://signal2forex.com/2019/04/15/crude-oil-consolidation/) - Pivot (invalidation): 64.05 Our preference Short positions below 64.05 with targets at 63.30 & 62.95 in extension. Alternative scenario Above 64.05 look for further upside with 64.30 & 64.65 as targets.- advertisement - Comment As Long as 64.05 is resistance, expect a return to 63.30. Signal2forex reviews
- [GBP/USD Pressured By 55-, 100– And 200-Hour SMAs](https://signal2forex.com/2019/04/12/gbp-usd-pressured-by-55-100-and-200-hour-smas/) - Yesterday, the GBP/USD currency pair stepped lower to the psychological level at the 1.3060 mark. From a technical perspective, it is unlikely, that the pair could resume rising due to the resistance cluster formed by a combination of the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3071/1.3087 range. It is
- [USD/JPY: Long-Term Channel In Sight](https://signal2forex.com/2019/04/12/usd-jpy-long-term-channel-in-sight/) - On Thursday, the Japanese Yen depreciated 0.71% against the Greenback, as the US economic data came better-than-expected. On Friday’s morning, the currency pair reached the upper boundary of the long-term descending channel at 111.80. From a theoretical point of view, the pair should reverse south from the given boundary and step lower towards the weekly
- [XAU/USD Likely To Decline](https://signal2forex.com/2019/04/12/xau-usd-likely-to-decline/) - During yesterday’s trading session, the price for gold dropped to the psychological level at 1,290. Given that the XAU/USD exchange rate is pressured by the 200-hour SMA at 1,295.67, it is likely, that some downside potential prevails in the market for the short run. A possible downside target is the psychological level at 1,285.00. On
- [BTCUSD Dives Beneath SMAs, But Finds Support At 23.6% Fibonacci](https://signal2forex.com/2019/04/12/btcusd-dives-beneath-smas-but-finds-support-at-23-6-fibonacci/) - BTCUSD returned near the 23.6% Fibonacci retracement level of the upleg from 3313 to 5440 around 4940 but failed to drop below it over the last few sessions. The price found strong resistance near the five-month high of 5440, slipping below the 20- and 40-simple moving averages (SMAs), however, the technical indicators suggest that bearish
- [EURGBP Stuck In A Range But Bullish Signals Seem To Strengthen](https://signal2forex.com/2019/04/12/eurgbp-stuck-in-a-range-but-bullish-signals-seem-to-strengthen/) - EURGBP jumped above the 50-day simple moving average (SMA) and into the Ichimoku cloud on Friday for the first time since the start of the year, raising hopes for further improvement. The momentum indicators comply with this view as long as the RSI keeps increasing speed to remain above its 50 neutral mark and the
- [EUR/USD Reached Weekly R2](https://signal2forex.com/2019/04/12/eur-usd-reached-weekly-r2/) - During Thursday’s trading session, the Euro declined to the support level formed by the weekly R1 at 1.1254. During today’s morning, the EUR/USD exchange rate reversed north towards the resistance level—the weekly R2 at 1.1290. If the given resistance does not hold, it is likely, that the pair continues to go upwards and reaches the
- [EURUSD Targeting 1.1330](https://signal2forex.com/2019/04/12/eurusd-targeting-1-1330/) - The euro currency has performed a bullish breakout against the US dollar during the European trading session, with price now rising above the 1.1290 level. The EURUSD pair is likely to target the 1.1330 level now that the bullish technical breakout has occurred. It is worth noting that medium-term sellers may also be looking to
- [GBPUSD Under Trendline Support](https://signal2forex.com/2019/04/12/gbpusd-under-trendline-support/) - The British pound continues to struggle below the 1.3100 level against the US dollar as traders continue to suffer from Brexit fatigue. The GBPUSD pair remains technically weak while trading below trendline support and may weaken below the 1.3000 level. The 1.2940 level currently offers the strongest form of technical support below the psychological 1.3000
- [AUD/JPY’s Big Breakout Boosts Bullish Bias](https://signal2forex.com/2019/04/13/aud-jpys-big-breakout-boosts-bullish-bias/) - For the second day in a row, the Japanese yen is the weakest major currency as today’s heavy risk-on bent leads to selling in the safe haven currency. Meanwhile, the aussie has caught a big bid despite the RBA citing “increased risks” to the household sector. As a result, AUD/JPY is seeing a big bullish
- [USD/JPY Outlook: Extended Bulls Pressure Key 200WMA Barrier](https://signal2forex.com/2019/04/12/usd-jpy-outlook-extended-bulls-pressure-key-200wma-barrier/) - Extension of Thursday’s strong rally (0.58%) hit five-week high and approaches key barrier at 112.02 (200WMA) and nearby pivots at 112.19 (Fibo 76.4% of 114.54/104.59 / upper 20-d Bollinger band). Thursday’s close above 200SMA was strong bullish signal for attack at 112.02/19 pivots, violation of which would open way for 113+ gains. The action remains
- [EW Update: AUD/NZD Eyeing 1.085/1.092 Zone](https://signal2forex.com/2019/04/12/ew-update-aud-nzd-eyeing-1-085-1-092-zone/) - AUDNZD made a nice and strong recovery in the last 14 days, from the 1.028 level, and above the 1.045 region. This recovery is a sign, that a higher degree wave B correction is completed, and that final wave C is in play, with its five-wave structure, towards the 1.085/1.092 region. That said, be aware
- [EURAUD Lacks Clear Tendency, SMAs Signal Bearish Bias](https://signal2forex.com/2019/04/12/euraud-lacks-clear-tendency-smas-signal-bearish-bias/) - EURAUD has been moving sideways in the short-term and long-term timeframes. Over the last two-months, the price has been developing between the 1.6120 resistance level and the 1.5720 support barrier, trading below the 20- and 40-simple moving averages (SMAs) in the daily chart. The market could maintain its consolidation mode as the RSI and the
- [AUD/USD Outlook: Aussie Regained Traction And Rallies But Still Short Of Key Barriers](https://signal2forex.com/2019/04/12/aud-usd-outlook-aussie-regained-traction-and-rallies-but-still-short-of-key-barriers/) - The Aussie dollar advances strongly on Friday and looks for retest of Wed/Thu highs (0.7175/71), following bumpy ride in past two days when the pair advanced 0.66% and the fell in the same percentage the next day. Bulls stayed short of key barriers at 0.7183/96 (Fibo 61.8% of 0.7295/0.7003 / 200SMA) despite bullish techs. Repeated
- [GBPCAD Could See Further Gains above Short-Term SMAs](https://signal2forex.com/2019/04/11/gbpcad-could-see-further-gains-above-short-term-smas/) - GBPCAD is rising after it found strong support at the 38.2% Fibonacci retracement level of the upward movement from 1.6590 to 1.7795, around 1.7335. The technical indicators are trying to strengthen their momentum, mirroring the market’s behavior over the last days as the RSI is approaching the 50 level, while the MACD is still holding
- [USD/TRY The Upside Prevails](https://signal2forex.com/2019/04/12/usd-try-the-upside-prevails/) - Pivot (invalidation): 5.7200 Our preference Long positions above 5.7200 with targets at 5.7550 & 5.7750 in extension. Alternative scenario Below 5.7200 look for further downside with 5.7000 & 5.6730 as targets.- advertisement - Comment The RSI advocates for further upside. Signal2forex reviews
- [Gold – Still Vulnerable after Decent Run](https://signal2forex.com/2019/04/11/gold-still-vulnerable-after-decent-run/) - $1,280 vulnerable if gold fails to break March peak We’re seeing some profit taking in gold early in the day on Thursday, with the yellow metal coming on the back of four winning days in the last five. That’s an impressive run of form considering only a week ago we were seeing $1,280 – which
- [Becoming a Better Trader – Pullbacks Versus Reversals](https://signal2forex.com/2019/04/11/becoming-a-better-trader-pullbacks-versus-reversals/) - The question is often asked as to how to best identify a pullback and avoid getting caught in a trend reversal. There are a few different factors to consider, but it boils down to two key components – context and price action. Whether you are a new trader building a foundation or an experienced trader
- [Elliott Wave Analysis: Bulls Picking USDJPY Up](https://signal2forex.com/2019/04/11/elliott-wave-analysis-bulls-picking-usdjpy-up/) - USDJPY is breaking higher according to the expectations of a strong USD. So, since we noticed a complex w-x-y corrective decline, USDJPY can be finally headed higher back to 112.15 highs, especially if pair starts breaking above 111.60 bullish confirmation level. In case we get surprised by another decline back below 110.85 region, then we
- [EUR/USD Bullish Continuation Despite Draghi’s Dovishness](https://signal2forex.com/2019/04/11/eur-usd-bullish-continuation-despite-draghis-dovishness/) - Despite ECS President Mario Draghi’s dovishness about the Brexit and it’s weight on the eurozone’s growth the EUR/USD is still technically bullish 1.1255-65 is the POC zone which is supported by the bullish SHS pattern that point to the north. We can also see that the LOA (London Open Advanced) indicator/system is supporting the bullish
- [GBP/JPY 4H Chart: Decline Likely To Continue](https://signal2forex.com/2019/04/11/gbp-jpy-4h-chart-decline-likely-to-continue/) - The British Pound has depreciated about 3.32% in value against the Japanese Yen since the currency pair reversed from the upper boundary of a descending channel pattern at 148.78. As for the near future, it is likely that the exchange rate continues its decline in the descending channel pattern. The GBP/JPY currency exchange rate will
- [Market Morning Briefing: Euro-Yen Saw A Narrow Trade](https://signal2forex.com/2019/04/11/market-morning-briefing-euro-yen-saw-a-narrow-trade/) - STOCKS Global equities broadly looks weak in the near term. The Dow and DAX have key resistances ahead and looks vulnerable for a fall in the near term. India’s Sensex and Nifty retains their sideways range but can break the range on the downside. Dow (26157.16, +6.58, +0.03%) seem to be getting support near 26100.
- [EURUSD ECB Meeting Key](https://signal2forex.com/2019/04/10/eurusd-ecb-meeting-key/) - The euro is holding above trendline support against the US dollar ahead of the ECB interest rate decision and monetary policy statement. Sellers are currently unable to move price below the 1.1250 level, keeping the overall intraday bullish bias intact. The four-hour time frame is showing that the inverted head and shoulders pattern remains valid
- [EUR/USD Outlook: Euro Eases on Soft Tone from Draghi, Stronger Dollar after US Inflation Data](https://signal2forex.com/2019/04/10/eur-usd-outlook-euro-eases-on-soft-tone-from-draghi-stronger-dollar-after-us-inflation-data/) - The Euro fell over 50 pips after data on Wednesday, pressured by stronger dollar and soft tone from ECB President Draghi in the press conference that followed policy meeting. The European Central Bank left interest rates unchanged, as widely expected, also Draghi’s rhetoric showed no significant changes from the previous meeting, as he pointed on
- [CADJPY Struggles Around 40-SMA, Flat In Short Term](https://signal2forex.com/2019/04/10/cadjpy-struggles-around-40-sma-flat-in-short-term/) - CADJPY has been finding strong support on the 40-day simple moving average (SMA) since the beginning of this month, creating a narrow sideways move. Regarding to the momentum indicators, the RSI is flattening near the neutral threshold of 50 and the MACD is hovering above trigger and zero lines. Also, the price action holds above
- [EURJPY In A Short Downtrend, Bulls Wait Above 126.77](https://signal2forex.com/2019/04/10/eurjpy-in-a-short-downtrend-bulls-wait-above-126-77/) - EURJPY is building a downtrend below 127.49 since the start of March, with the pair being set to register another lower high this week around 125.60. The technical picture suggests neutral conditions for short-term trading as the RSI and the MACD hover in neutral territory. Yet a close above 126.77 would question the short downtrend
- [Can Gold Price Continue Higher Heading Into FOMC Minutes?](https://signal2forex.com/2019/04/10/can-gold-price-continue-higher-heading-into-fomc-minutes/) - Key Highlights Gold price started a solid rebound after trading as low as $1,280.80 against the US Dollar. There was a break above a crucial declining channel with resistance at $1,292 on the 4-hours chart of XAU/USD. The US NFIB Business Optimism Index increased from 101.7 to 101.8 in March 2018. The US Consumer Price
- [Oil Surges ahead of OPEC and IEA Reports](https://signal2forex.com/2019/04/09/oil-surges-ahead-of-opec-and-iea-reports/) - Oil is pushing higher again this week, with the rally in the last couple of sessions taking us through technical resistance and providing a further catalyst for gains. Brent stumbled at $70, but not for long, while WTI is now running into resistance around $65. Dollar weakness may be contributing to the surge, while the
- [USD/JPY Cracks Strong Support on Fresh Weakness Driven by Trade Fears](https://signal2forex.com/2019/04/09/usd-jpy-cracks-strong-support-on-fresh-weakness-driven-by-trade-fears/) - Fresh trade fears pushed the dollar lower to crack pivotal supports at 111 zone in early US session trading on Tuesday, following the latest threats of US President Trump on imposing tariffs on imports from the EU, just a day after US officials proposed a list of EU products to target, in extension of existing
- [WTI Oil Futures Trade Overbought At 5-Month Highs](https://signal2forex.com/2019/04/09/wti-oil-futures-trade-overbought-at-5-month-highs/) - WTI oil futures picked up further steam early on Wednesday to unlock a fresh 5-month high of 64.74. According to the RSI and the Stochastics, the market is trading in overbought zone, suggesting that the price could soon reverse lower. Trend signals, however, are still positive as the bullish action is taking place comfortably above
- [EUR/GBP – Three Days Until Brexit, Again](https://signal2forex.com/2019/04/09/eur-gbp-three-days-until-brexit-again/) - Biggest week yet for Brexit, until the next one Brexit drama may be ramping up and desperation kicking in, but traders remain in quite a relaxed mood as we navigate through another hugely important week in the process. May has gone on the charm offensive to Germany and France today as she attempts to win
- [EURNZD Extends Bullish Actions Despite Overstretched Stochastic](https://signal2forex.com/2019/04/08/eurnzd-extends-bullish-actions-despite-overstretched-stochastic/) - EURNZD reached overbought levels according to the stochastic oscillator as the price hovers above the 23.6% Fibonacci retracement level of the downward movement from 1.7925 to 1.6885, around 1.6675, recording a fresh one-month high, today. While the aforementioned technical indicator continues to stand above 80, mirroring the market’s bullish behavior over the past couple days,
- [Market Morning Briefing: USDCNY Is Trading Below 6.7270](https://signal2forex.com/2019/04/09/market-morning-briefing-usdcny-is-trading-below-6-7270/) - STOCKS Global equities seem to be losing momentum. Among the major indices DAX looks vulnerable for a sharp fall while others like the Dow, Nikkei, shanghai, Sensex and Nifty can either consolidate or dip slightly before moving higher. Dow (26341.02, -83.97, -0.32%) has come-off yesterday. The resistance-turned-support level of 26250 is holding well as of
- [USD/TRY Outlook: Turkish Lira Falls Further in Post-Election Turmoil; Jobs Data in Focus](https://signal2forex.com/2019/04/08/usd-try-outlook-turkish-lira-falls-further-in-post-election-turmoil-jobs-data-in-focus/) - The USDTRY rallied on Monday too new two-week high, signaling eventual break above strong Fibo barrier at 5.6354 (61.8% of 5.8410/5.3026), below which the action was congested for over one week, unable to clearly break higher, despite strong upticks. Fresh lira’s weakness comes under fresh pressure after President Erdogan showed strong doubts about election results
- [Market Morning Briefing: Pound Is Trading Above Support At 1.30](https://signal2forex.com/2019/04/08/market-morning-briefing-pound-is-trading-above-support-at-1-30/) - STOCKS Among the indices, the Dow and Shanghai remains bullish. DAX and Nikkei have key resistances ahead and a near-term pull-back cannot be ruled out in them before further upmove. Sensex looks mixed while the Nifty seems to have the potential to make a near-term bounce. Dow (26424.99, +40.36, +0.15%) has made a decisive close
- [EUR/JPY Set For Breakout](https://signal2forex.com/2019/04/08/eur-jpy-set-for-breakout/) - The common European currency versus the Japanese Yen traded with low volatility on Friday. The 50-hour simple moving average provided support for the currency pair during Friday’s trading session. Today’s session began with bearish sentiment, and by the middle of the trading session, the exchange rate has tested the bottom border of an ascending channel
- [WTI Outlook – Bulls Hit New 2019 High And Pressure Key Technical Barriers](https://signal2forex.com/2019/04/08/wti-outlook-bulls-hit-new-2019-high-and-pressure-key-technical-barriers/) - WTI oil price hit new 2019 high at $63.51 on Monday (also highest since early Nov 2018), in extension of last Friday’s strong bullish acceleration and previous week’s 5.2% rally. OPEC+ group’s production cut and US sanctions against Iran and Venezuela maintain strong bullish sentiment, also boosted by hopes on US/China trade deal that resulted
- [EUR/USD Bullish SHS Needs To Break For Further Bearish Pressure](https://signal2forex.com/2019/04/05/eur-usd-bullish-shs-needs-to-break-for-further-bearish-pressure/) - The EUR/USD has formed a bullish SHS pattern (inverted head and shoulders). Order blocks are keeping the pair from progressing further down. Today’s NFP with all accompanying data will give us the cue for EUR/USD next direction. At this point, the price is supported by the both left and right shoulders of the bullish SHS
- [GBP/USD Outlook: Cable Moves Higher In Early Friday’s Trading Following Previous Day’s 0.65% Fall](https://signal2forex.com/2019/04/05/gbp-usd-outlook-cable-moves-higher-in-early-fridays-trading-following-previous-days-0-65-fall/) - Cable moves higher in early Friday’s trading following previous day’s 0.65% fall. Lack of agreement in PM May’s talks with opposition frustrated bulls which repeatedly failed to close above converged 20/30SMA (1.3166/69) as rallies stalled ticks ahead of 1.32 barrier. On the other side, rising thick daily cloud continues to underpin and keep the downside
- [AUD/USD Breakout Occurs](https://signal2forex.com/2019/04/05/aud-usd-breakout-occurs/) - The Australian Dollar traded with low volatility against the US Dollar on Thursday. The currency pair appreciated about 0.41% in value during yesterday’s trading session. Today’s trading session began with bullish sentiment, and by the middle of the trading session, the exchange rate has breached the upper boundary of a downtrend channel at 0.7126. As
- [NZD/USD Awaits US Data Releases](https://signal2forex.com/2019/04/05/nzd-usd-awaits-us-data-releases/) - During the last 24 hours, the New Zealand Dollar has depreciated about 0.93% in value against the US Dollar. The currency pair was pressured down by the 50– and 100-hour simple moving averages. Today’s session began with a bearish sentiment. By the middle of the European trading session, a breakout had occurred through the lower
- [Elliott Wave Analysis: USD/CHF Trading At Potential Reversal Zone](https://signal2forex.com/2019/04/05/elliott-wave-analysis-usd-chf-trading-at-potential-reversal-zone/) - USDCHF is trading bearish, down from 1.012 level where a higher degree wave B) found a top, and wave C) started to develop. We can see that price unfolded a five-wave drop down to 0.9894 level, from where a temporary, three-wave pullback showed up. This three-wave pullback is now trading at potential resistance and reversal
- [EURUSD Showing Bullish Pattern](https://signal2forex.com/2019/04/05/eurusd-showing-bullish-pattern/) - The euro currency is trading toward the middle of its weekly range against the US dollar as traders remain cautious ahead of today’s monthly jobs report from the United States economy. The four-hour time frame is currently showing a bullish inverted head and shoulders pattern with a strong upside projection. The EURUSD pair will only
- [GBPUSD Remains Weak](https://signal2forex.com/2019/04/05/gbpusd-remains-weak/) - The British pound has remained weak against the US dollar during the European trading session as buyers struggle to move price above the 1.3100 resistance level. The four-hour time frame continues to show price trapped within a neutral triangle pattern. Technical indicators on the four-hour time frame are showing that selling pressures towards the GBPUSD
- [XAU/USD Pressured By 55– And 100-Hour SMAs](https://signal2forex.com/2019/04/05/xau-usd-pressured-by-55-and-100-hour-smas/) - On Thursday, gold tested the lower boundary of the descending triangle pattern at 1,282.56. Given that the price for gold is pressured by the 55– and 100-hour SMAs, it is likely that the XAU/USD exchange rate trades down and re-tests the lower pattern line. If the given resistance does not hold, it is expected that
- [USD/JPY Tests Weekly R1](https://signal2forex.com/2019/04/05/usd-jpy-tests-weekly-r1/) - Yesterday, the USD/JPY exchange rate climbed to the resistance level formed by the weekly R2 at 111.76. If the given resistance holds, it is likely, that some upside momentum prevails in the market, and the rate reaches the upper boundary of the long-term descending channel at 111.94. Otherwise, it is expected that the currency pair
- [EUR/USD Sandwiched Between 100– And 200-Hour SMAs](https://signal2forex.com/2019/04/05/eur-usd-sandwiched-between-100-and-200-hour-smas/) - Yesterday, the EUR/USD currency pair tried to surpass the 55-hour SMA, currently located at 1.1232. As apparent on the chart, the pair is being pressured by the 200-hour SMA at 1,1238, thus, it is likely, the pair steps lower to the psychological level at the 1.1200 mark. On the other hand, the exchange rate is
- [GBP/USD Could Re-Test Medium-Term Channel](https://signal2forex.com/2019/04/05/gbp-usd-could-re-test-medium-term-channel/) - During the Thursday’s trading session, the GBP/USD currency pair declined to the 1.3065 level. From a technical perspective, the exchange rate is likely to re-test the lower boundary of the medium-term ascending channel located circa 1.3040, as the rate is pressured by the 55-, 100– and 200-hour SMAs, as well the monthly PP in the
- [Gold – Remains Weighed Down by USD](https://signal2forex.com/2019/04/05/gold-remains-weighed-down-by-usd/) - Will USD continue to drag on gold? The dollar may be trading a little softer today but another strong day on Thursday is keeping the pressure on gold which has been weighed down by it over the last couple of weeks. It remains above $1,280, a major support level, a break of which could be
- [USD/CAD Forecast: Greenback Advances Against Loonie on Strong US and Weaker Canada’s Jobs Data](https://signal2forex.com/2019/04/05/usd-cad-forecast-greenback-advances-against-loonie-on-strong-us-and-weaker-canadas-jobs-data/) - The pair rallied to one-week high at 1.3402 after US / Canada jobs data, but fresh bulls were so war unable to hold high levels Impact from stronger than expected NFP (Mar 196K vs 175K f/c / 20K Feb) was partially offset by slowdown in earnings growth (AHE Mar 0.1% m/m vs 0.2% f/c; y/y3.2%
- [How to Manage Fear and Greed in Trading](https://signal2forex.com/2019/04/05/how-to-manage-fear-and-greed-in-trading/) - Managing fear and greed while Trading: Main talking points Fear and greed are two drivers that influence our everyday lives These influences carry over to trading and can be detrimental Traders can remove these drivers by looking at the big picture and planning ahead Fear and greed are often identified as the main drivers of
- [EUR/JPY Sell Signals Today](https://signal2forex.com/2019/04/05/eur-jpy-sell-signals-today/) - The common European currency has been trading in a junior ascending channel against the Japanese Yen since March 28. The currency pair re-tested the lower boundary of the channel pattern at 125.04 during yesterday’s trading session. Technical indicators flash strong sell signals on the daily time frame. Therefore, the currency exchange rate could edge lower
- [The Dow Breaks Out Of Compression](https://signal2forex.com/2019/04/05/the-dow-breaks-out-of-compression/) - Since its V-bottom, the index rallied over 20% since the December low in an almost straight line. Whilst the index spent a month coiling within a symmetrical triangle, an elongated bullish engulfing candle provided a prominent low, where its failure to test the 23.6% Fibonacci retracement level provided another sign of strength for the trend.
- [EU50 Index Looks Overbought above Uptrend Line; Golden Cross Forming](https://signal2forex.com/2019/04/04/eu50-index-looks-overbought-above-uptrend-line-golden-cross-forming/) - The blue chip EU50 stock index restored bullish dynamics after meeting resistance at the 200-day moving average (MA) and hit a six-month high of 3,440 on Wednesday. While the RSI and the fast stochastics are warning over an overbought market, as the former is crawling above 70 and the latter is ready for a bearish
- [USDCAD Faces Upside Risk On Price Rejection](https://signal2forex.com/2019/04/04/usdcad-faces-upside-risk-on-price-rejection/) - USDCAD faces upside risk following its price rejection on Wednesday. Support comes in at the 1.3300 level where a break will aim at the 1.3250 level. Further down, support comes in at the 1.3200 level where a turn lower may occur. But if further weakness is triggered support comes in at the 1.3400 level. Conversely,
- [Elliott Wave View Looking For Further Correction In Gold](https://signal2forex.com/2019/04/04/elliott-wave-view-looking-for-further-correction-in-gold/) - Elliott Wave view suggests that Gold has ended cycle from August 16, 2018 low ($1160.37). The yellow metal is currently correcting that cycle as a zigzag Elliott Wave structure. Down from Feb 20, 2019 high, wave A ended at $1281.01 and wave B ended at $1324.38. The yellow metal still needs to break below wave
- [AUD/USD Outlook: Recovery Fails Again At 55SMA](https://signal2forex.com/2019/04/04/aud-usd-outlook-recovery-fails-again-at-55sma/) - The Aussie dollar eases to 0.7100 zone following little benefit from renewed risk mode on signs of progress of US/China trade talks, as upside attempts were capped for the third consecutive day at 0.7130 zone and repeatedly failed to clearly break above 55SMA (0.7119). Conflicting daily studies add to mixed signals. Bullish bias expected to
- [USDZAR Posts New High, Turns Neutral in Medium Term](https://signal2forex.com/2019/04/04/usdzar-posts-new-high-turns-neutral-in-medium-term/) - USDZAR recovered significant ground in recent months, climbing above both its 50- and 200-day simple moving averages (SMAs) to post a new five-month high of 14.74 last week. Even though the pair retreated a little afterwards, the new high at 14.74 has nullified the previous trending structure of lower peaks and lower troughs, and suggests
- [AUD/USD Outlook: Aussie Rallied On Strong Data But Face Again Strong Headwinds At 55SMA](https://signal2forex.com/2019/04/03/aud-usd-outlook-aussie-rallied-on-strong-data-but-face-again-strong-headwinds-at-55sma/) - The Aussie dollar rallied strongly in Asian session on Wednesday, boosted by upbeat data (Australia’s retails sales Feb 0.8% vs 0.3% f/c and trade surplus widened in Feb to 4.80bn A$ from 4.35 bn A$ in Jan). Better than expected China’s Services PMI (Mar 54.4 vs 52.3 f/c) added to positive signals. Fresh bullish momentum
- [GBPUSD Breakout Above 1.3216](https://signal2forex.com/2019/04/03/gbpusd-breakout-above-1-3216/) - The British pound has moved to a fresh weekly trading high against the US dollar after British PM Theresa May announced that she wants to extend the United Kingdom’s departure date from the European Union. The GBPUSD pair has a bullish bias while trading above the 1.3130 level, while key breakout resistance is found at
- [The European Central Bank: A Forex Trader’s Guide](https://signal2forex.com/2019/04/03/the-european-central-bank-a-forex-traders-guide/) - The European Central Bank (ECB) is situated in Frankfurt, Germany. It was established in 1998 by the Treaty of Amsterdam. The European Central Bank is different to other central banks in that it controls monetary policy for the entire eurozone. Countries that belong to the eurozone include Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece,
- [EUR/USD Outlook: Euro Bounces But Recovery Still Holds Below Pivotal Barriers](https://signal2forex.com/2019/04/03/eur-usd-outlook-euro-bounces-but-recovery-still-holds-below-pivotal-barriers/) - The Euro bounces from multi-week low at 1.1183 after strong bears stalled just ahead of key supports at 1.1186/76, boosted by strong EU data (Services PMI Mar 53.3 vs 52.7 f/c; Retail Sales Feb 2.8% y/y vs 2.3% f/c; 2.2% prev). Stronger pound on renewed Brexit optimism also boosted Euro, with strong technical signals on
- [AUD/USD Aims For Swing High At 0.7143](https://signal2forex.com/2019/04/03/aud-usd-aims-for-swing-high-at-0-7143/) - During the last 24 hours, the Australian Dollar versus the US Dollar has gained about 0.93% in value. The weekly S2 at 0.7058 provided support for the currency pair during yesterday’s trading session. Technical indicators suggest that the AUD/USD exchange rate could edge lower within this session. However, given that the currency exchange rate has
- [GBPUSD Retains Upside Pressure On Recovery](https://signal2forex.com/2019/04/03/gbpusd-retains-upside-pressure-on-recovery/) - GBPUSD retains upside pressure on recovery higher. Support stands at 1.3000 level. Further down, support comes in at the 1.2950 level where a break will turn focus to the 1.2900 level. Further down, support lies at the 1.2850 level. Below here will set the stage for more weakness towards the 1.2800 level. On the upside,
- [Dollar Index Futures Could Get More Bullish In Short Term](https://signal2forex.com/2019/04/02/dollar-index-futures-could-get-more-bullish-in-short-term/) - Following the close under the 200-day moving average (MA), the US dollar index future price (with an expiry date in June) regained considerable ground to overcome its MAs once again and return above the Ichimoku cloud, staying mostly green over the past two weeks. Technically, more upsides could be in store as the MACD keeps
- [GBP/USD Outlook: Bears Extend on Rising No-Deal Brexit Fears](https://signal2forex.com/2019/04/02/gbp-usd-outlook-bears-extend-on-rising-no-deal-brexit-fears/) - Sterling remains firmly in red ahead of start of the US session on Tuesday and extends weakness closer to psychological/trendline/Fibo supports at 1.30 zone. Rising fears of no deal Brexit continue to weigh on the pound, after PM May’s divorce plan has been rejected three times. May failed to find support to her plan or
- [BTCUSD Eases Below 4½-Month High after Sharp Bullish Rally](https://signal2forex.com/2019/04/02/btcusd-eases-below-4½-month-high-after-sharp-bullish-rally/) - BTCUSD skyrocketed to a fresh four-and-a-half-month high of 5052 earlier on Tuesday, finally creating an impressive bullish rally. Currently, the price is returning some of those gains but remains above the 23.6% Fibonacci retracement level of the upleg from 3313 to 5052, around 4642. However, some of the technical indicators are losing momentum after the
- [EURUSD Weakness Persists](https://signal2forex.com/2019/04/02/eurusd-weakness-persists/) - The euro has continued to decline against the US dollar during the European trading session as the greenback recovers early week losses. The EURUSD pair has a strong bearish outlook while trading below the 1.1216 level, with breakout weekly support located at the 1.1170 level. Only a sustained move above the 1.1250 level can negate
- [Market Morning Briefing: Euro Has Come Down To Test Immediate Support At 1.12](https://signal2forex.com/2019/04/02/market-morning-briefing-euro-has-come-down-to-test-immediate-support-at-1-12/) - STOCKS Global equities remain broadly positive with a chance to dip from current levels in the near term before moving further higher. Shanghai looks much stronger among all and could be gearing-up for fresh rally in the coming weeks. Dow (26258.42, +329.74, +1.27%) has risen breaking above the resistance at 26060 mentioned yesterday and has
- [WTI Oil Outlook: WTI Hits New 2019 High, Supported by Supply Concerns](https://signal2forex.com/2019/04/01/wti-oil-outlook-wti-hits-new-2019-high-supported-by-supply-concerns/) - WTI oil price advances further on Monday and on track to mark eventual break above two-week congestion, after last Friday’s spike to $60.71 proved to be false break. Tighter oil market on OPEC+ production cut and sanctions on Iran and Venezuela continues to prop oil prices. Report on reduced number of US oil rigs, released
- [AUD/USD Outlook: Aussie Stands At The Front Foot On Fresh Risk Mode Ahead Of RBA](https://signal2forex.com/2019/04/01/aud-usd-outlook-aussie-stands-at-the-front-foot-on-fresh-risk-mode-ahead-of-rba/) - The Aussie dollar extends recovery above 0.71 handle on Monday, boosted by renewed risk appetite. Recovery emerged from solid Fibo support at 0.7066 on Friday, where two-day fall bottomed. Overall tone is still neutral as the price action remains within larger 0.7056/0.7168 range and daily MA’s are in mixed setup while momentum is flat.- advertisement
- [EUR/JPY Reaches 200-Hour SMA](https://signal2forex.com/2019/04/01/eur-jpy-reaches-200-hour-sma/) - The common European currency appreciated about 59 base points against the Japanese Yen on Friday. The currency pair was supported by the 50-hour simple moving average. The exchange rate was trading near a resistance level formed by the 200-hour simple moving average at 125.04 during the morning hours of Monday’s trading session. If the 200-hour
- [GBP/USD And USD/CAD At Risk Of More Losses](https://signal2forex.com/2019/04/01/gbp-usd-and-usd-cad-at-risk-of-more-losses/) - GBP/USD declined sharply below the 1.3165 and 1.3085 support levels. USD/CAD also declined recently and broke the key 1.3400 support level to move into a bearish zone. Important Takeaways for GBP/USD and USD/CAD The British Pound failed to clear the 1.3260 resistance and later declined below 1.3100. There is a major bearish trend line formed
- [EUR/USD Analysis: Limited Correction Ahead Of Final Push Towards 1.1176 Target](https://signal2forex.com/2019/04/01/eur-usd-analysis-limited-correction-ahead-of-final-push-towards-1-1176-target/) - Deeply oversold stochastic signals adjustment after last week’s strong fall, but overall structure remains negative. Strengthening bearish momentum and double close below pivotal Fibo support at 1.1240 (76.4% of 1.1176/1.1448) add to negative outlook. Solid offers at 1.1280/1.1300 zone (broken Fibo 61.8%/converging 10/20SMA) should limit upticks ahead of final push towards targets at 1.1186/76 (Fibo
- [USD/JPY Passes 61.80% Fibo](https://signal2forex.com/2019/03/29/usd-jpy-passes-61-80-fibo/) - During Thursday’s trading session, the currency exchange rate broke through most of the technical indicators to end the day at 110.60. On Friday, the rate was located above the 61.80% Fibonacci retracement level at the 110.77 mark. In regards to the near-term future, most likely, the rate will surge towards the upper boundary of the
- [EURUSD Bear Pressure Remains Intact, Looks To Weaken Further](https://signal2forex.com/2019/04/01/eurusd-bear-pressure-remains-intact-looks-to-weaken-further/) - EURUSD bear pressure remains intact as it looks to pressure further lower in the new week. Support comes in at the 1.1200 where a violation will turn risk to the 1.1150 level. A break below here will target the 1.1100 level. Further down, support sits at the 1.1050. Its daily RSI remains weak and vulnerable
- [GBP/USD Trades Without Support Levels](https://signal2forex.com/2019/03/29/gbp-usd-trades-without-support-levels/) - During Thursday’s trading session, the British Pound passed through the support level of the monthly pivot point to end the trading day at 1.3050. On Friday morning, the British pound depreciated against the US Dollar to pass through the weekly S1 to be located at the 1.3025 mark. In regards to the near-term future, most
- [EUR/USD Depreciates To 61.80% Fibo](https://signal2forex.com/2019/03/29/eur-usd-depreciates-to-61-80-fibo/) - During Thursday’s trading session, the currency exchange rate passed through the support levels of the monthly and the weekly S1 to end the trading session at 1.1220. On Friday morning, the rate was located at the 1.1228 mark. In regards to the near-term future, most likely, the resistance level of the weekly S1 at the
- [EUR/USD Outlook: Bears Eye 2019 Low For Retest](https://signal2forex.com/2019/03/29/eur-usd-outlook-bears-eye-2019-low-for-retest/) - The Euro holds firmly in red for the fourth straight day and extends weakness, after fresh bearish signal was generated on Thursday’s close below 1.1240 (Fibo 76.4% of 1.1176/1.1448) the last obstacle en-route to 1.1176 (2019). The pair is on track to complete the second week in red that adds to negative outlook as 10/200WMA
- [GBPCAD Loses Momentum, Retains Bullish View In Medium Term](https://signal2forex.com/2019/03/29/gbpcad-loses-momentum-retains-bullish-view-in-medium-term/) - GBPCAD declined below the 23.6% Fibonacci retracement level of the upward movement from 1.6590 to 1.7795, near 1.7510 on Friday. The technical indicators are slowing down, mirroring the market’s behavior over the last days as the RSI is dropping below the 50 level, while the MACD is also holding in the bullish area, however, it
- [NZD/USD Set For Breakout](https://signal2forex.com/2019/03/29/nzd-usd-set-for-breakout/) - The New Zealand Dollar has depreciated about 50 base points against the US Dollar since Thursday’s trading session. The decline was stopped by the weekly S2 at 0.6771. By and large, it is likely that the NZD/USD currency pair will surge towards a resistance level formed by the 50-hour simple moving average at 0.6868 within
- [EUR/JPY Will Aim For 200-Hour SMA](https://signal2forex.com/2019/03/29/eur-jpy-will-aim-for-200-hour-sma/) - The single European currency is gradually gaining strength against the Japanese Yen. The currency pair gained about 79 base points during Thursday’s trading session. The exchange rate is currently trading near the 50– and 100-hour simple moving averages at 124.40. If the pair passes this SMAs, bullish traders will push the rate towards a resistance
- [USDTRY Could See Further Improvement in Near Term](https://signal2forex.com/2019/03/29/usdtry-could-see-further-improvement-in-near-term/) - USDTRY has advanced above the 20- and 40-day simple moving averages (SMAs) and the 23.6% Fibonacci retracement level of the sell-off from 7.1135 to 5.1330, around 5.5970 on Friday. Over the last couple of days, the price has been paring the losses that were posted at the beginning of this week, creating sessions with strong
- [USD/CAD Awaits Canadian GDP](https://signal2forex.com/2019/03/29/usd-cad-awaits-canadian-gdp/) - During the last 24 hours, the US Dollar has appreciated about 55 base points against the Canadian Dollar. The currency pair tested the lower boundary of an ascending channel pattern at 1.3400 during yesterday’s trading session. As for the near future, it is likely that the USD/CAD exchange rate will continue its surge within this
- [CRUDE OIL Eyes 60.37 Resistance Zone And Beyond](https://signal2forex.com/2019/03/29/crude-oil-eyes-60-37-resistance-zone-and-beyond/) - CRUDE OIL eyes 60.37 resistance zone and beyond as it follows through higher on its Thursday price reversal. Support lies at the 59.50 level where a break will expose the 59.00 level. A cut through here will set the stage for a run at the 58.50 level. Further down, support comes in at the 58.00
- [USD/CAD Outlook: Loonie Surges on Stronger than Expected Canada’s GDP Data](https://signal2forex.com/2019/03/29/usd-cad-outlook-loonie-surges-on-stronger-than-expected-canadas-gdp-data/) - The pair fell sharply on announcement of upbeat Canada’s GDP (Jan 0.3% m/m vs 0.1% f/c and -0.1% prev) while US personal income and spending fell below expectations in Jan.Canadian dollar was inflated by stronger than expected data while the greenback was additionally pressured by weak US figures. Fresh bearish acceleration left top at 1.3450
- [How IG Will Bring New Opportunities to Trading the Foreign Exchange Market | Podcast](https://signal2forex.com/2019/03/29/how-ig-will-bring-new-opportunities-to-trading-the-foreign-exchange-market-podcast/) - Key points covered in this podcast - Why DailyFX parent company IG is entering the US market - How you can enjoy tighter spreads and superior service when trading FX - Why FX is one of the most flexible asset classes Trading the foreign exchange market in the US has historically meant wide spreads and
- [AUD/USD Tested 100– And 200-Hour SMAs](https://signal2forex.com/2019/03/29/aud-usd-tested-100-and-200-hour-smas/) - Downside risks prevailed in the market on Thursday, thus allowing the Australian Dollar to decline about 41 base points against the US Dollar. The currency pair tested the lower boundary of an ascending channel pattern at 0.7064. Everything being equal, it is likely that the currency exchange rate will continue its decline in a junior
- [Elliott Wave View: Short Term Weakness In Silver](https://signal2forex.com/2019/03/29/elliott-wave-view-short-term-weakness-in-silver/) - Silver broke below March 7 low ($14.96) and shows a sequence of lower low from Feb 21 high ($16.2), suggesting further downside is likely in the shorter cycle. The decline from Feb 21 looks is unfolding as a zigzag Elliott Wave structure. Down from $16.2, wave (A) ended at $14.96 and wave (B) bounce ended
- [GBP/USD Outlook: Sterling Cracked Key Supports after UK Lawmakers Rejected Brexit Plan Again](https://signal2forex.com/2019/03/29/gbp-usd-outlook-sterling-cracked-key-supports-after-uk-lawmakers-rejected-brexit-plan-again/) - Cable collapsed below 1.30 on Friday and cracked key supports (200SMA/bull-channel support trendline and also pressured the top of thick daily cloud) after UK parliament rejected PM May’s deal for the third time. Lawmakers voted 344 against vs 286 for the deal, confirming their previous decisions that the plan is not good enough. Cable moved
- [Gold Plunges Despite Falling Bond Yields](https://signal2forex.com/2019/03/29/gold-plunges-despite-falling-bond-yields/) - Gold and silver have failed to shine despite falling bond yields in recent days, and today both metals slumped hard. The metals’ poor performance may be due to several reasons, rather than just one factor. For a start, the US dollar has managed to hold its own rather well despite the Fed’s U-turn on interest
- [USDJPY Recovery Threat Eyes The 111.15/29 Resistance Zone](https://signal2forex.com/2019/03/28/usdjpy-recovery-threat-eyes-the-111-15-29-resistance-zone/) - USDJPY recovery threat eyes the 111.15/29 resistance zone. On the upside, resistance comes in at 111.00 level. Above this level will turn attention to the 111.50 level. Further out, we expect a possible move towards the 112.00 level. A cut through here will open the door for more gain towards the 112.30. Its daily RSI
- [USDCHF Rebounds on 0.99 Level; Neutral in Medium Term](https://signal2forex.com/2019/03/28/usdchf-rebounds-on-0-99-level-neutral-in-medium-term/) - USDCHF is advancing after it found a strong rebound on the 23.6% Fibonacci retracement level of the upleg from 0.9185 to 1.0130 around the 0.9900 psychological level. Technically, the red Tenkan-sen line is pointing downwards, indicating a bearish retracement, however, the RSI is moving towards the neutral threshold of 50. Also, the MACD oscillator is
- [Gold Price Uptrend Facing Many Hurdles](https://signal2forex.com/2019/03/28/gold-price-uptrend-facing-many-hurdles/) - Key Highlights Gold price started a solid upward move from the $1,282 support against the US Dollar. There is a significant ascending channel formed with support at $1,308 on the 4-hours chart of XAU/USD. The US Trade Balance in Jan 2019 posted a deficit of $-51.1B, better than the $-57.0B forecast. The US Gross Domestic
- [Copper’s Failed Break Could See Further Downside](https://signal2forex.com/2019/03/28/coppers-failed-break-could-see-further-downside/) - We had higher hopes for copper after it broke out of its multi-month range. Yet, having failed its quest to hold above key support and trade back within range, bearish ears have perked. The break back below $2.87 has effectively invalidated a longer-term double bottom pattern, marking it as a failed breakout. Whilst the daily
- [GBPUSD Pressured Below 1.3150](https://signal2forex.com/2019/03/28/gbpusd-pressured-below-1-3150/) - The British pound is trading towards the lower-end of its weekly trading range against the US dollar as the UK Parliament remains deadlocked over Brexit. If the GBPUSD pair continues to decline, the 1.3100 level offers the strongest form of near-term support. The four-hour time frame is showing a neutral triangle pattern, with trendline support
- [The Bank of England: A Forex Trader’s Guide](https://signal2forex.com/2019/03/27/the-bank-of-england-a-forex-traders-guide/) - The Bank of England (BOE) is the UK’s central bank. Their mission is to promote and maintain monetary and financial stability. It is important for forex traders to keep up to date with the Bank of England’s latest changes to monetary policy because it can have a large effect on the Sterling Pound (GBP) and
- [USD/CNH: Potential Bullish Reversal](https://signal2forex.com/2019/03/27/usd-cnh-potential-bullish-reversal/) - Last week, we wrote about the Indian Rupee which had created a potential topping pattern as the USD/INR dropped to test a key technical support area. While the USD/INR hasn’t been in a rush to bounce away from this area, the bulls are still defending their ground here nonetheless. So, we could still see a
- [USD/MXN Reclaims Key Level](https://signal2forex.com/2019/03/27/usd-mxn-reclaims-key-level/) - The USD/MXN is another EM currency pair we are monitoring after we identified bullish characteristics on the USD/INR and USD/CNH previously. The USD/MXN’s temporary break of its bullish trend line earlier this month must have trapped a few bears. This is a bullish reversal pattern in my eyes, so we could see rates push higher
- [EUR/JPY Decline Likely To Continue](https://signal2forex.com/2019/03/27/eur-jpy-decline-likely-to-continue/) - The single European currency tested a resistance cluster formed by the weekly and the monthly PPs at 124.95 during the previous trading session. After hitting the resistance cluster, the currency pair began to depreciate. At the end of yesterday’s trading session, the exchange rate has lost about 0.58% of its value. Everything being equal, it
- [USD/JPY Bearish ABC Correction In Wave 2 Pattern](https://signal2forex.com/2019/03/27/usd-jpy-bearish-abc-correction-in-wave-2-pattern/) - The USD/JPY could make a bearish bounce at the Fibonacci resistance if the current WXY (pink) wave pattern is correct. The main target is the Fibonacci retracement level of wave 2 vs 1 (purple). A break above the resistance trend line (red) would make the current wave outlook less likely. The USD/JPY is building a
- [USD/JPY Rallies Into Key Resistance](https://signal2forex.com/2019/03/27/usd-jpy-rallies-into-key-resistance/) - The rebound at the start of this week for major stock averages has undermined some safe haven assets such as gold and Japanese yen, following Friday’s sharp moves. But at the time of writing, the major indices were coming off their best levels, while gold was trying to establish a base around the $1315 level.
- [WTI Oil Futures in a Flying Mode; Bullish Bias in Short Term](https://signal2forex.com/2019/03/26/wti-oil-futures-in-a-flying-mode-bullish-bias-in-short-term/) - WTI crude oil futures have come under renewed buying interest, rising back above the 20- and 40-simple moving averages (SMAs) in the 4-hour chart after the market found strong support at the 23.6% Fibonacci retracement level of the upleg from 51.60 to 60.36, around 58.30. Looking at momentum oscillators, they suggest further upside pressures may
- [GBP/CAD Found Buyers In Blue Box And Rallied](https://signal2forex.com/2019/03/26/gbp-cad-found-buyers-in-blue-box-and-rallied/) - Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPCAD. As our members know GBPCAD is showing incomplete bullish sequences in the cycle from the August 15th 2018 low. Break of the 01/25 peak made the pair bullish against the 1.697 pivot. Consequently, we
- [WTI: Crude Oil Steady As Investors Weigh Demand Against Supply Forces](https://signal2forex.com/2019/03/26/wti-crude-oil-steady-as-investors-weigh-demand-against-supply-forces/) - For oil, the focus continues to be mainly on the supply side of the equation rather than demand. Although concerns over demand have come into sharper focus again, owing to further weakness in economic data, ultimately, though, Saudi Arabia and co. in the OPEC+ group of producers want higher oil prices and to achieve that
- [GBP/USD Approaching Crucial Resistance Near 1.3300](https://signal2forex.com/2019/03/26/gbp-usd-approaching-crucial-resistance-near-1-3300/) - Key Highlights The British Pound recovered nicely after trading towards the 1.3000 support against the US Dollar. A major bullish trend line is in place with support at 1.3120 on the 4-hours chart of GBP/USD. The Chicago Fed National Activity Index (CFNAI) declined from -0.25 to -0.29 in Feb 2019. The US Consumer Confidence in
- [Elliott Wave View: Nikkei Rally Likely Fails For Further Downside](https://signal2forex.com/2019/03/26/elliott-wave-view-nikkei-rally-likely-fails-for-further-downside/) - Elliott Wave view is calling an end to Nikkei’s rally from December 26, 2018 low with wave X at 21884. The Index should resume the move lower and should eventually break below wave December 26, 2018 low. Or at minimum, the Index should do a larger 3 waves pullback to correct the cycle from 19055
- [GOLD Looks To Pullbacks On Corrective Weakness](https://signal2forex.com/2019/03/25/gold-looks-to-pullbacks-on-corrective-weakness/) - GOLD looks to pullback on corrective weakness. While the commodity trades below the 1,320.35 level, risk of more decline remains. The commodity looks to move higher towards the 1,320.00 resistance zone. Further out, resistance resides at the 1,330.00 level where a break will aim at the 1,340.00 level. A turn above there will expose the
- [The SNB: A Forex Trader’s Guide](https://signal2forex.com/2019/03/25/the-snb-a-forex-traders-guide/) - The Swiss National Bank (SNB) is Switzerland’s Central bank. Their mission is to promote and maintain monetary and financial stability. It is important for traders to keep up to date with the SNB’s latest changes to monetary policy because it can have a large effect on the Swiss Franc (CHF). What is the SNB? The
- [GBP/USD Outlook: Pound Ticks Higher on News of Possible MV3 on Tuesday but Still Directionless](https://signal2forex.com/2019/03/25/gbp-usd-outlook-pound-ticks-higher-on-news-of-possible-mv3-on-tuesday-but-still-directionless/) - Cable spiked to session high at 1.3246 on comments that the third parliament’s vote on Brexit plan could be tomorrow. Pound remains volatile and very sensitive on any news regarding Brexit, though there is still long way until satisfactory solution. PM May seeks for plan support from Ireland’s DUP that is necessary for vote to
- [GBP/USD And EUR/GBP: Pound Could Recover](https://signal2forex.com/2019/03/25/gbp-usd-and-eur-gbp-pound-could-recover/) - GBP/USD started an upward move from the 1.3000 support and it could recover above 1.3240. EUR/GBP declined recently and broke the key 0.8600 support area. Important Takeaways for GBP/USD and EUR/GBP The British Pound is showing positive signs above the 1.3140 and 1.3160 levels. There was a break above a key bearish trend line with
- [WTI Oil Outlook: Rising Concerns about Global Economic Slowdown Keep Oil Price Under Pressure](https://signal2forex.com/2019/03/25/wti-oil-outlook-rising-concerns-about-global-economic-slowdown-keep-oil-price-under-pressure/) - WTI oil remains in red on Monday, following bearish close last Friday that completed Doji reversal pattern on daily chart. Rising concerns of broadening global slowdown that were sparked by news from Germany on Friday that showed extending contraction of the economy, keep oil prices at the back foot on fears that slowdown will lower
- [XAU/USD Analysis: Surges To Medium Pattern Lne](https://signal2forex.com/2019/03/22/xau-usd-analysis-surges-to-medium-pattern-lne/) - During Thursday’s trading session, the rate was supported by the 200-hour simple moving average to end the trading day at 1,305.00. On Friday morning, the yellow metal was located at the 1,311.76 mark. It is expected that gold might appreciate against the US Dollar to surge to the upper boundary of the descending medium pattern
- [GBP/USD Analysis: Highly Volatiles](https://signal2forex.com/2019/03/22/gbp-usd-analysis-highly-volatiles/) - During Thursday’s trading session, the currency exchange rate dropped by 107 pips or 0.81% to reach the weekly S1 at 1.3044. On Friday morning, the rate was retraced by the 50.00% Fibo to the 1.3115 mark. It is challenging to predict movements of the GBP/USD currency pair due to high volatility caused by Brexit deal
- [USD/JPY Analysis: Could Depreciate To 110.00](https://signal2forex.com/2019/03/22/usd-jpy-analysis-could-depreciate-to-110-00/) - During Thursday’s trading session, the currency exchange rate traded sideways to end the trading day at 110.60. On Friday morning, the rate was located at the monthly pivot point at the 110.53 mark. In regards to the near-term future, most likely, the rate will pass through the support level of the weekly S2 at 110.40
- [EUR/USD Analysis: Trades Sideways](https://signal2forex.com/2019/03/22/eur-usd-analysis-trades-sideways/) - During Thursday’s trading session, the European Single Currency passed the support levels of the 55-hour and the 100-hour simple moving averages to end the trading session at 1.3800. On Friday morning, the rate passed through the support level of the 200-hour SMA to trade at the 1.1324 mark. In regards to the near-term future, most
- [USD/CAD Moving Towards Target](https://signal2forex.com/2019/03/22/usd-cad-moving-towards-target/) - Upside risks dominated USD/CAD on Thursday. The currency pair bounced off a support level formed by the weekly S1 at 1.3271 during the Asian session on Thursday. The pair ended yesterday’s trading session with 124 base points gains. The exchange rate was trading above a weekly pivot point at 1.3356 during the first half of
- [AUD/USD Outlook: Aussie Extends Weakness After Bulls Were Strongly Rejected](https://signal2forex.com/2019/03/22/aud-usd-outlook-aussie-extends-weakness-after-bulls-were-strongly-rejected/) - The Aussie dollar remains in red on Friday and cracks significant technical support at 0.7095 (converged 10/20SMA’s, following strong upside rejection on Thursday. Recovery leg from 0.7003 (08 Mar low) stalled at strong barriers provided by 100SMA and daily cloud top (0.7160/71 respectively) and subsequent pullback resulted in repeated daily close below 55SMA (0.7132), weakening
- [NZD/USD Decline Likely To Continue](https://signal2forex.com/2019/03/22/nzd-usd-decline-likely-to-continue/) - The New Zealand Dollar depreciated about 78 base points against the US Dollar on Thursday. The decline was temporarily stopped by a support level formed by the 100-hour simple moving average at 0.6871. Friday’s trading session started with a bearish sentiment. By the middle of the day, the exchange rate was trading near the lower
- [AUD/USD Finds Support At 0.7090](https://signal2forex.com/2019/03/22/aud-usd-finds-support-at-0-7090/) - Downside risk dominated the Australian Dollar against the US Dollar on Thursday. The Aussie depreciated about 1.07% in value against the Greenback during yesterday’s trading session. The currency pair is currently testing a resistance level formed by the 200-hour simple moving average at 0.7090. If the exchange rate passes the 200-hour SMA, the next target
- [EUR/JPY Declines After German Data Release](https://signal2forex.com/2019/03/22/eur-jpy-declines-after-german-data-release/) - Downside risks have continued to dominate the single European currency against the Japanese Yen since yesterday’s trading session. The currency pair has revealed a new junior descending channel pattern. Today’s trading session began with strong bearish momentum, and by the middle of the day, the exchange rate has lost about 1.11% in value. The currency
- [EURGBP Runs To 1-Month Highs, Tests Upper Bollinger Band](https://signal2forex.com/2019/03/22/eurgbp-runs-to-1-month-highs-tests-upper-bollinger-band/) - EURGBP pierced the 50-day moving average and a key support and resistance area around 0.8690 on Thursday to reach a one-month high of 0.8726. Gains though appeared short-lived, with the price starting Friday’s trading in negative mood. Meanwhile in momentum indicators, the RSI has posted a new higher high along its uptrend line and is
- [GBPJPY Loses Ground, Neutral In Near Term](https://signal2forex.com/2019/03/22/gbpjpy-loses-ground-neutral-in-near-term/) - GBPJPY had another bearish start on Friday, with the price breaking the crucial 23.6% Fibonacci retracement level of the upleg from 132.48 to 148.85, around 145.00. The technical indicators in the 4-hour chart are endorsing this view, with the RSI reversing back down to its 30 oversold mark and the MACD keep stretching in negative
- [WTI Oil Outlook: Bulls May Correct Further After Initial Failure At Psychological $60 Barrier](https://signal2forex.com/2019/03/22/wti-oil-outlook-bulls-may-correct-further-after-initial-failure-at-psychological-60-barrier/) - WTI oil stands at the back foot on Friday and eases to $59.30 after bulls ran out of steam and failed to close above cracked $60 barrier in repeated attempt. Overbought daily studies and bearish divergence on slow stochastic suggest consolidative / corrective action in coming sessions, as traders take profit from rally of past
- [EURUSD 1.1290 Critical Support](https://signal2forex.com/2019/03/22/eurusd-1-1290-critical-support/) - The euro currency has tumbled lower against the US dollar on Friday, following much weaker than expected PMI Manufacturing data from the German economy. If the EURUSD pair falls below the 1.1290 level traders should expect heavy technical selling to resume. The MACD indicator on the four-hour time frame is also signaling further intraday losses
- [USDJPY Back To Major Support](https://signal2forex.com/2019/03/22/usdjpy-back-to-major-support/) - The US dollar has moved back towards major weekly support against the Japanese yen currency after a brief correction back to the 111.00 level. A sustained move below the 110.40 support level should signal the next bear move towards the 109.80 level. Bulls need to move price above the 111.20 resistance level to negate the
- [Elliott Wave View: S&P 500 (SPX) Testing 2018 High](https://signal2forex.com/2019/03/22/elliott-wave-view-sp-500-spx-testing-2018-high/) - The rally from December 26, 2018 low in S&P 500 (SPX) remains in progress. We are labeling this rally as an impulse Elliott Wave structure, which is 5 waves structure. In the chart below, we can see wave (3) ended at 2816.88 and wave (4) ended at 2722.27. The internal of wave (4) unfolded as
- [Market Morning Briefing: Aussie Is Headed Towards Resistance At 0.72](https://signal2forex.com/2019/03/22/market-morning-briefing-aussie-is-headed-towards-resistance-at-0-72/) - STOCKS Global indices looks mixed in the near term. The bias remains bullish. But a sideways consolidation is possible in the near term before we see fresh rallies in them. The Indian indices, Sensex and the Nifty 50 continues to look stronger than the global equities and can move further higher to revisit the record
- [EURCHF Finds Support Near 23.6% Fibonacci Again; Consolidates in Short and Medium Term](https://signal2forex.com/2019/03/21/eurchf-finds-support-near-23-6-fibonacci-again-consolidates-in-short-and-medium-term/) - EURCHF has been trading in a relatively narrow range between 1.1385 and 1.1305 from late January onwards, while the past few days the market action has stretched further below the 20- and 40-day simple moving averages (SMAs). Momentum oscillators are losing ground, with the RSI falling below its neutral 50 level and the stochastic dropping
- [USD/JPY Outlook: Extends Weakness Sparked By Dovish Fed](https://signal2forex.com/2019/03/21/usd-jpy-outlook-extends-weakness-sparked-by-dovish-fed/) - The pair extended weakness to new five-week low at 110.29 on Thursday following strong fall previous day, sparked by Fed surprise on more dovish than expected stance which signaled no rate hikes in 2019 and lowered GDP forecast. The greenback was sharply lower after announcement (the pair was down 0.68% for the day on Wed)
- [EUR/USD Drops to Key Support](https://signal2forex.com/2019/03/21/eur-usd-drops-to-key-support/) - The US dollar pared losses following yesterday’s dovish FOMC meeting, with the EUR/USD easing back below 1.14 handle after almost reaching 1.1450 the day before. This popular currency pair has now reached the point of origin of yesterday’s breakout at around 1.1360/65. With US yields falling, we think there is a good chance the EUR/USD
- [Silver Spot 15.7500 Expected](https://signal2forex.com/2019/03/21/silver-spot-15-7500-expected/) - Pivot (invalidation): 15.4200 Our preference Long positions above 15.4200 with targets at 15.6700 & 15.7500 in extension. Alternative scenario Below 15.4200 look for further downside with 15.3500 & 15.2400 as targets.- advertisement - Comment The RSI is bullish and calls for further advance. Signal2forex reviews
- [UK 100 Index Runs Towards 5-Month High; SMAs Act as Supports](https://signal2forex.com/2019/03/20/uk-100-index-runs-towards-5-month-high-smas-act-as-supports/) - UK 100 stock index (FTSE 100) has advanced considerably after touching the 38.2% Fibonacci retracement level of the downleg from 7900 to 6533, around 7060. During Tuesday’s session the price gained some more ground driving the market towards a fresh five-month high of 7350. The flatly aligned Tenkan- and Kijun-sen lines are indicative of a
- [USD/CHF Tumbles Below Key Supports](https://signal2forex.com/2019/03/21/usd-chf-tumbles-below-key-supports/) - Key Highlights The US Dollar topped at 1.0124 and declined below 1.0000 against the Swiss Franc. USD/CHF traded below a key bullish trend line with support at 1.0045 on the 4-hours chart. The Federal Reserve made no change in interest rates from 2.5%. The US Initial Jobless Claims for the week ending March 16, 2019
- [Sterling Falls to One-Week Low, But May’s Request for Delay Could Slow Bears](https://signal2forex.com/2019/03/20/sterling-falls-to-one-week-low-but-mays-request-for-delay-could-slow-bears/) - Cable fell to one-week low at 1.3146 on Wednesday, as renewed risk of no-deal Brexit keeps the currency under pressure. Several scenarios remain on the table and keep high uncertainty in Brexit drama, as PM May asked the EU for three-month extension of Brexit deadline, in attempts to buy some time and try to adjust
- [EURNZD Rests Falling Trend Line; Indicators Flatten Out](https://signal2forex.com/2019/03/20/eurnzd-rests-falling-trend-line-indicators-flatten-out/) - EURNZD has been hovering within a downward channel after the pullback on the 1.7200 psychological level on January 3. Today, the price pierced the 40-simple moving average (SMA) and the falling trend line earlier but it could hold above them, with the technical indicators suggesting now weak momentum as the stochastic and the RSI are
- [USD/JPY Target 111.90](https://signal2forex.com/2019/03/20/usd-jpy-target-111-90/) - Pivot (invalidation): 111.45 Our preference Long positions above 111.45 with targets at 111.75 & 111.90 in extension. Alternative scenario Below 111.45 look for further downside with 111.30 & 111.15 as targets.- advertisement - Comment The RSI is bullish and calls for further advance. Signal2forex reviews
- [FTSE Pushes on Despite Brexit Uncertainty](https://signal2forex.com/2019/03/19/ftse-pushes-on-despite-brexit-uncertainty/) - In recent days, we have been talking up the prospects of stronger recovery in European stock markets, owing in part to the falling government bond yields as a result of major central banks like the European Central Bank turning dovish recently. The German DAX index, for example, is looking a lot healthier now given its
- [Gold Price Could Continue To Rise Near Term](https://signal2forex.com/2019/03/20/gold-price-could-continue-to-rise-near-term/) - Key Highlights Gold price found support near $1,292 recently and climbed above $1,300 against the US Dollar. There was a break above a key bearish trend line with resistance at $1,305 on the 4-hours chart of XAU/USD. The US Factory Orders increased 0.1% in Jan 2019 (MoM), less than the +0.3% forecast. The Fed Interest
- [FTSE – Breaking From An Inverse Head And Shoulders Bottom](https://signal2forex.com/2019/03/19/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 that the long-term bullish sequence is stalling. - advertisement - Daily: A break of
- [GBPCAD on a Slippery Mode; Stays Positive in Medium Term](https://signal2forex.com/2019/03/19/gbpcad-on-a-slippery-mode-stays-positive-in-medium-term/) - GBPCAD is losing momentum after finding a strong resistance obstacle around the nine-month high of 1.7795 in the preceding week. The technical indicators are slowing down, mirroring the market’s behavior over the last days as the RSI is flattening in positive territory. The MACD is also holding in the bullish area, however, it slipped below
- [GBPUSD Risk Continues To Point Higher Despite Price Hesitation](https://signal2forex.com/2019/03/19/gbpusd-risk-continues-to-point-higher-despite-price-hesitation/) - GBPUSD risk continues to point higher despite price hesitation. Support stands at 1.3250 level. Further down, support comes in at the 1.3200 level where a break will turn focus to the 1.3150 level. Further down, support lies at the 1.3100 level. Below here will set the stage for more weakness towards the 1.3050 level. On
- [Market Morning Briefing: Pound Is Stuck In The 1.34-1.34 Region](https://signal2forex.com/2019/03/19/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 up for a fresh leg of upmove. Nikkei and DAX has supports which can limit
- [WTI Oil Outlook: Fresh Acceleration Higher Eyes Targets at $59.62/$60.00](https://signal2forex.com/2019/03/18/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 to oil prices came from promise of world top exporters, led by Saudi Arabi and
- [GBP/USD Outlook: Eases Further as Bets Against MV3 Approval Rise; Parliament’s Discussion about Brexit Delay](https://signal2forex.com/2019/03/18/gbp-usd-outlook-eases-further-as-bets-against-mv3-approval-rise-parliaments-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. Monday’s action is firmly in red, with risk of further easing on bearish technical studies.
- [Crude Oil Expect 57.80](https://signal2forex.com/2019/03/18/crude-oil-expect-57-80/) - Pivot (invalidation): 58.65 Our preference Short positions below 58.65 with targets at 58.15 & 57.80 in extension. Alternative scenario Above 58.65 look for further upside with 58.95 & 59.20 as targets.- advertisement - Comment The RSI calls for a drop. Signal2forex reviews
- [US 30 Index dtands Above ‘Golden cross’; Indicators Signal Weakness](https://signal2forex.com/2019/03/18/us-30-index-dtands-above-golden-cross-indicators-signal-weakness/) - The US 30 index recorded a bullish signal in the previous week, completing a golden cross within the 50- and the 200-simple moving averages (SMAs) in the daily timeframe. Today, though, the index is on the backfoot and the technical indicators suggest that the market could ease a little bit in the short-term. The stochastic
- [GBPUSD Falls Despite Article 50 Extension](https://signal2forex.com/2019/03/15/gbpusd-falls-despite-article-50-extension/) - With parliament supporting an extension of the Brexit date, market participants expected to see prices reacting positively to the critical news. Instead, the pair fell from a 9-month high of $1.3380, plummeting over a hundred pips against the dollar. Perhaps investors don’t think PM May’s suggestion of a June deadline will be enough. Should we
- [EURUSD Retreats From 10-day High](https://signal2forex.com/2019/03/15/eurusd-retreats-from-10-day-high/) - Following a 3-day streak, eurodollar finally saw a rejection at $1.1340. German inflation CPI data added a negative sentiment to the pair, which provided investors with sell opportunities. Despite an array of poor US data releases which were expected to shift appetite, the pair remained neacpir $1.13 for the rest of yesterday’s session. Will EURUSD
- [Market Morning Briefing: USDCNY Has Trend Support Near 6.70](https://signal2forex.com/2019/03/18/market-morning-briefing-usdcny-has-trend-support-near-6-70/) - STOCKS Indian indices, the Sensex and Nifty 50 remains strong and continue to outperform their global peers. They are likely to move further higher in the coming days. On the global front, Nikkei and DAX are bullish and can move higher in the near term. Dow can also move up if it can hold on
- [Gold Correction Continues On Trade Optimism](https://signal2forex.com/2019/03/15/gold-correction-continues-on-trade-optimism/) - Despite the reversal seen near $1312 on Wednesday, prices head back up. Chinese data supported the bearish move as the economy continues to print problematic figures. Positive trade war narratives, however, supported the rejection at $1300. President Trump reported that he expects a trade deal with China within the next four weeks. Will Gold Move
- [XAU/USD Will Surge To 1,300.00](https://signal2forex.com/2019/03/15/xau-usd-will-surge-to-1300-00/) - During Thursday’s trading session, the yellow metal passed the 55-hour and the 100-hour simple moving averages to end the trading session at monthly S1. On Friday morning, the 200-hour simple moving averages helped gold to break the resistance levels of the 55-hour and the 100-hour simple moving averages to trade at the 1,302.16 mark. In
- [USD/JPY Might Reach R1 At 111.95](https://signal2forex.com/2019/03/15/usd-jpy-might-reach-r1-at-111-95/) - During Thursday’s trading session, the currency exchange rate was supported by the 200-hour simple moving average to end the trading session at 111.80 as it was expected! On Friday morning, the rate was trading sideways to stay at the 111.65 mark. In regards to the near-term future, it is expected that the rate will try
- [GBP/USD Surges To R2 At 1.3355](https://signal2forex.com/2019/03/15/gbp-usd-surges-to-r2-at-1-3355/) - During Thursday’s trading session, the British Pound traded sideways to stay at 1.3200. On Friday morning, the rate was supported by the 55-hour simple moving average to trade at the 1.3264 mark. In regards to the near-term future, most likely, the currency exchange rate will keep surging towards the weekly R2 at the 1.3355 mark.
- [EUR/USD Outlook: Repeated Close Above Key Fibo Barrier To Signal Recovery Extension](https://signal2forex.com/2019/03/15/eur-usd-outlook-repeated-close-above-key-fibo-barrier-to-signal-recovery-extension/) - The Euro regained traction on Friday and recovered the most of Thursday’s 1.1337/1.1294 dip after four-day rally stalled at falling 30SMA. Thursday’s close in red and failure to repeatedly close cracked Fibo barrier at 1.1326 (38.2% of 1.1569/1.1176) softened near-term structure, though bullish bias is expected to remain intact while 10SMA (1.1287) holds the downside.
- [EUR/USD Is Supported By 55-Hour SMA](https://signal2forex.com/2019/03/15/eur-usd-is-supported-by-55-hour-sma/) - During Thursday’s trading session, the European Single Currency was supported by the 55-hour simple moving average to keep trading inside the trend line at 1.1300. On Friday morning, the rate was located at the 1.1320 mark. In regards to the near-term future, most likely, the currency exchange rate will trade sideways to end the trading
- [Professional Crude Oil and Energy Trading Fundamentals, Brynne Kelly](https://signal2forex.com/2019/03/16/professional-crude-oil-and-energy-trading-fundamentals-brynne-kelly/) - Key Points Discussed in this interview How to identify dislocations in crude oil market Fundamentals allow traders to discover the true driver of commodity prices Facts about crude oil and natural gas that all traders should know Brynne Kelly is highly respected as one of the top voices in the energy market. With over 25
- [EUR/USD Volatility Hits a 3-Month Low – Could We See Another Bearish Reversal?](https://signal2forex.com/2019/03/16/eur-usd-volatility-hits-a-3-month-low-could-we-see-another-bearish-reversal/) - With the never-ending Brexit saga garnering all the headlines, volatility in EUR/USD has dried up. The 3-month implied volatility reading for the world’s most-traded currency pair dropped below 5.60% today, its lowest reading in five years. In addition to the typical lethargic pre-weekend trade, over €4B in expiring options were struck between 1.1285 and 1.1325,
- [AUD/USD Outlook: Aussie Ticks Higher On Improved Risk Sentiment But The Downside Remains Vulnerable](https://signal2forex.com/2019/03/15/aud-usd-outlook-aussie-ticks-higher-on-improved-risk-sentiment-but-the-downside-remains-vulnerable/) - The Aussie stands at the front foot on Friday following double rejection at daily cloud base/10SMA (0.7050/64), but the upside remains limited by cloud top /20SMA (0.7096/98) for now. Improved risk sentiment on US/China trade talk progress inflated the Australian dollar, but doubts persist as initial Trump/Xi summit has been delayed. Also signals of slowdown
- [GBPJPY Heads Higher Towards Key Resistance Level](https://signal2forex.com/2019/03/15/gbpjpy-heads-higher-towards-key-resistance-level/) - GBPJPY heads higher towards key resistance level as it retain its short term uptrend. On the downside, support comes in at the 147.50 level where a violation will aim at the 147.00 level. A break below here will target the 146.50 level followed by the 146.00 level. Conversely, resistance is seen at the 148.50 level
- [EUR/CAD Poised for a Rally?](https://signal2forex.com/2019/03/15/eur-cad-poised-for-a-rally/) - Despite the data out just a few moments ago that Canadian manufacturing sales rebounded by a good 1.0% (vs. 0.4% expected), the medium-term lower highs and the lack of a clear short-term trend, we think this FX pair is looking bullish for these reasons: There has been around 6 bearish-looking daily candles in as many
- [NZDUSD Latest Rebound May Stall in Short-Term](https://signal2forex.com/2019/03/15/nzdusd-latest-rebound-may-stall-in-short-term/) - NZDUSD corrected below two-week lows after the RSI reached overbought territory, with the price launching slightly above the 50-period moving average in the four-hour chart on Thursday. On Friday the market resumed bullish momentum, but with the RSI reversing towards its 50 neutral threshold and the MACD moving under its red signal line, the recovery
- [Gold To Continue Consolidation In Short Term](https://signal2forex.com/2019/03/15/gold-to-continue-consolidation-in-short-term/) - Gold is trying to recover Thursday’s losses, which emerged after a failure to surpass the 20-day moving average (MA) but the technical indicators suggest that positive momentum may not pick up steam yet, at least as long as the RSI holds around its 50 neutral mark and the MACD keeps moving softly along its red
- [Elliott Wave View: Nasdaq Correction In Progress](https://signal2forex.com/2019/03/15/elliott-wave-view-nasdaq-correction-in-progress/) - Rally in Nasdaq (NQ_F) from December 26, 2018 low remains in progress as an impulse Elliott Wave structure. An impulse structure consists of a 5 waves move. Wave ((4)) of this impulse move has ended at 6965.57. As the chart below shows, after forming wave ((4)) low, Nasdaq has rallied higher and broken above March
- [USDJPY Bulls Targeting 112.00](https://signal2forex.com/2019/03/14/usdjpy-bulls-targeting-112-00/) - The US dollar has continued to advance higher against the Japanese yen currency during the European trading, with the pair moving closer to key resistance. Traders should expect the USDJPY pair to target the 112.00 level while price holds above the 111.60 level. A break above the current month trading high, at 112.20, will likely
- [WTI Oil Consolidates Under New 2019 High](https://signal2forex.com/2019/03/14/wti-oil-consolidates-under-new-2019-high/) - WTI oil hit new 2019 high at $58.65 on Thursday (the highest since 13 Nov 2018), in extension of strong bullish acceleration on Wednesday that resulted in eventual break and close above previous highs at $57.79/85. Oil price was boosted by unexpected drop in US crude inventories which showed draw of 3.8 mln bls previous
- [GBPAUD Hits 1.88 after 2 ½-Years; Gains Could be Limited in Short Term](https://signal2forex.com/2019/03/14/gbpaud-hits-1-88-after-2-½-years-gains-could-be-limited-in-short-term/) - GBPAUD entered the 1.88 zone twice this week after more than 2 ½-years but the market was unable to retain gains above this mark, with the price returning to the 1.87 handle instead. The MACD has rebounded to meet its red signal line but as long as the indicator holds below that line, the pair
- [EUR/USD Could Be Supported By 200-Hour SMA](https://signal2forex.com/2019/03/13/eur-usd-could-be-supported-by-200-hour-sma/) - During Tuesday’s trading session, the European Single Currency surged to the 1.1300 level by the help of the weekly PP support level at 1.1265. On Wednesday morning, the rate was trading above the 200-hour simple moving average at the 1.1291 mark. In regards to the near-term future, it seems that the currency exchange rate might
- [SPX Elliott Wave: Calling The Rally From Blue Box](https://signal2forex.com/2019/03/14/spx-elliott-wave-calling-the-rally-from-blue-box/) - SPX pulled back in 3 waves last week and put in a strong rally which has already resulted in new highs. In this blog, we are going to take a look at structure of this 3 wave pull back and the subsequent reaction from the blue box. We share one chart from members area every
- [Market Morning Briefing: Dollar-Index Has Immediate Support At 96.25](https://signal2forex.com/2019/03/14/market-morning-briefing-dollar-index-has-immediate-support-at-96-25/) - STOCKS Indian indices continue to trade strong and outperform the global equities. The Sensex and the Nifty 50 remains bullish and can move further higher. Dow is testing a key resistance and DAX can remain sideways with a bullish bias. Shanghai remains vulnerable for further fall. Dow Jones (25,702.89, +148.23, +0.58%) tested the 21-day moving
- [3 Trading Exit Strategies – How to Exit a Profitable Trade](https://signal2forex.com/2019/03/13/3-trading-exit-strategies-how-to-exit-a-profitable-trade/) - Trading exit strategies that are effective: Traditional stop/limit (using support and resistance) Moving average trailing stops Volatility based approach using ATR Traders focus a lot of their energy on spotting the perfect time to enter a trade. While this is important, it is ultimately where traders choose to exit trades that will determine how successful
- [Silver Extends Recovery](https://signal2forex.com/2019/03/13/silver-extends-recovery/) - Earlier, we wrote that gold had resumed its recovery. The recovery has been due to a weaker US dollar and as the likes of the ECB and BOC joined some of the other major central banks in turning dovish again last week, this helped to underpin low- and noninterest-bearing assets as bond yields fell. Silver
- [Trading Journals: What They Are and How to Create One](https://signal2forex.com/2019/03/13/trading-journals-what-they-are-and-how-to-create-one/) - Trading journals: Main talking points What is a trading journal? Why are they useful? How to create a trading journal Trading journal template What is a trading journal? A trading journal is a log that you can use to record your trades. Traders use a trading journal to reflect upon previous trades so that they
- [EURUSD Threatens Further Upside Pressure Towards 1.1340 Zone](https://signal2forex.com/2019/03/13/eurusd-threatens-further-upside-pressure-towards-1-1340-zone/) - EURUSD threatens further upside pressure towards 1.1340 zone. This is coming on the back of its Tuesday gain. Support comes in at the 1.1250 where a break will aim at the 1.1200 level. A break below here will target the 1.1150 level. Further down, support lies at the 1.1100. On the upside, resistance resides at
- [USDJPY Trapped Inside Narrow Range](https://signal2forex.com/2019/03/13/usdjpy-trapped-inside-narrow-range/) - The US dollar is trapped inside a narrow price against the Japanese yen, with the risk-sensitive currency pair trading between the 111.10 to 111.45 levels. If USDJPY buyers can break above the range, the 111.60 level offers the strongest form of near-term resistance. The MACD indicator on the four-hour time frame suggests that bullish momentum
- [EUR/USD And USD/JPY Facing Significant Resistances](https://signal2forex.com/2019/03/13/eur-usd-and-usd-jpy-facing-significant-resistances/) - EUR/USD recovered recently above 1.1200, but it is facing a crucial resistance near 1.1320. USD/JPY is also approaching a major barrier, which could produce a bearish reaction. Important Takeaways for EUR/USD and USD/JPY The Euro recovered nicely after trading towards the 1.1180 support area. There is a major contracting triangle in place with resistance at
- [WTI Oil Futures in Bullish Action But Confined to Narrow Range](https://signal2forex.com/2019/03/12/wti-oil-futures-in-bullish-action-but-confined-to-narrow-range/) - WTI oil futures jumped to a new one-and-a-half-month high of 57.43 earlier on Tuesday, remaining above the 23.6% Fibonacci retracement level of the upward movement from 51.60 to 57.85 around 56.37 and the 57.16 strong support level. The price has been trading in a narrow range within 55.00 – 57.85 over the last three weeks.
- [Gold Rebounds on SMAs’ Bullish Cross and Holds in Ichimoku Cloud](https://signal2forex.com/2019/03/12/gold-rebounds-on-smas-bullish-cross-and-holds-in-ichimoku-cloud/) - Gold has been trading within the Ichimoku cloud after the rebound on the bullish crossover of the 20-and 40-simple moving averages (SMAs) around 1290.45 in the 4-hour chart. Looking at momentum indicators, the RSI is strengthening momentum above the 50 level as it is sloping upwards, while the MACD is trying to surpass the trigger
- [Crude Oil Remains Supported on OPEC](https://signal2forex.com/2019/03/12/crude-oil-remains-supported-on-opec/) - The price of crude oil continues to find support from growing expectations that the ongoing productions cuts from the OPEC and some allies outside of the cartel are helping to rebalance the market. The ongoing situation in Venezuela is providing additional tailwind support. Consequently, oil market participants are paying less attention to rising US (shale)
- [A Guide to GDP and Forex Trading](https://signal2forex.com/2019/03/12/a-guide-to-gdp-and-forex-trading/) - GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall healthand potential growth of a country.Consequently, greater volatility in the forex market is closely observed during the GDP release. What forex traders need to know about GDP What
- [EURUSD Approaching Corrective Target](https://signal2forex.com/2019/03/12/eurusd-approaching-corrective-target/) - The euro has continued to advance against the US dollar during the European trading session, with the pair approaching its initial corrective target. If buyers force price above the 1.1290 level, further upside towards the 1.1325 resistance level still remain possible. The MACD indicator on the four-hour time frame is also showing that the upside
- [Elliott Wave View: EUR/JPY Should Extend Lower](https://signal2forex.com/2019/03/12/elliott-wave-view-eur-jpy-should-extend-lower/) - EURJPY has ended the cycle from Jan 3, 2019 low at 127.5. We label this rally from Jan 3 to March 1, 2019 as wave ((X)). This means the pair is in the initial stage of turning lower and eventually can break below Jan 3, 2019 low (118.51). At minimum, the pair should be correcting
- [USD/JPY Outlook: Bears on Hold above 20SMA, But Converged MA’s Mark Strong Obstacle](https://signal2forex.com/2019/03/11/usd-jpy-outlook-bears-on-hold-above-20sma-but-converged-mas-mark-strong-obstacle/) - The pair consolidates above rising 20SMA (currently at 111.04) which prevented deeper fall after dollar accelerated lower on downbeat US NFP data on Friday. Dip was contained by broken Fibo 61.8% support (110.74) and today’s recovery attempts are underpinned by rising daily Kijun-sen. Pivotal barrier at 111.38 (converged 10/200/100SMA’s) needs to be cleared to generate
- [WTI OIL Outlook: WTI Oil Price Stands at the Front Foot on Comments from Saudi Arabia](https://signal2forex.com/2019/03/11/wti-oil-outlook-wti-oil-price-stands-at-the-front-foot-on-comments-from-saudi-arabia/) - WTI oil price extended higher on Monday, bouncing from dangerous territory after spiking to $54.51 on Friday after weak Chinese data. Downbeat US NFP data which pushed dollar lower, helped oil’s recovery, with the latest news that OPEC and other main oil producers will not change its production cut policy and signals that Saudi Arabia
- [GBPUSD – Pound Rises Further on Short Covering](https://signal2forex.com/2019/03/11/gbpusd-pound-rises-further-on-short-covering/) - Cable ticked higher and pressures 1.31 barrier in early US trading on Monday, as traders took profits from short positions and re-positioning for fresh weakness in anticipation of another defeat of UK PM May on tomorrow’s important parliamentary vote on her Brexit plan. May is due to travel to Strasbourg this afternoon in last attempts
- [Trading the 24-Hour Forex Market](https://signal2forex.com/2019/03/11/trading-the-24-hour-forex-market/) - The 24-hour forex market: Main talking points The Forex Market trades 24 hours a day, five days a week. The greatest amount of volatility happens during market open overlap. Forex traders can enter and exit trades at any time during the global business day. The 24-hour forex market is the largest market in the world
- [EUR/AUD 4H Chart: Buy Signals Today](https://signal2forex.com/2019/03/11/eur-aud-4h-chart-buy-signals-today/) - The common European currency depreciated about 1.14% against the Australian Dollar during the last week. However, the currency pair revealed a new junior ascending channel pattern during this period. The exchange rate was stranded between SMAs during the first part of Monday’s trading session. The 50-hour simple moving average was providing resistance for the rate
- [GBP/USD And EUR/GBP: Pound Extending Losses](https://signal2forex.com/2019/03/11/gbp-usd-and-eur-gbp-pound-extending-losses/) - GBP/USD declined heavily this past week and broke the key 1.3100 support area. EUR/GBP gained traction and broke the 0.8580 and 0.8600 resistance levels to move into a positive zone. Important Takeaways for GBP/USD and EUR/GBP The British Pound faced an increase in selling pressure and tumbled below 1.3100. There is a major bearish trend
- [GBP/USD Outook: Bears Are Taking A Breather Ahead Of Probe Through 30SMA And Attack At Key 200SMA Support](https://signal2forex.com/2019/03/08/gbp-usd-outook-bears-are-taking-a-breather-ahead-of-probe-through-30sma-and-attack-at-key-200sma-support/) - Cable consolidates above strong supports at 1.3050 zone (converged 20/30SMA’s) approached on Thursday’s bearish acceleration through pivotal 1.3129 Fibo support (38.2% of 1.2772/1.3349 rally) that resulted in daily fall of 0.65%. Sterling was pulled lower by Euro’s weakness and Brexit uncertainty ahead of Tuesday’s key vote on Brexit plan and on track for bearish weekly
- [USDJPY Testing Channel Support](https://signal2forex.com/2019/03/08/usdjpy-testing-channel-support/) - The USDJPY pair is under pressure towards the 111.00 support level on Friday, as traders move into the safety of the Japanese yen currency. The USDJPY pair is currently testing major trendline support from a rising price channel on the four-hour time frame. A sustained move below the channel may encourage sellers to test towards
- [USD/JPY Outlook: Fresh Risk Aversion Pushes The Pair Significantly Lower, US NFP Data In Focus](https://signal2forex.com/2019/03/08/usd-jpy-outlook-fresh-risk-aversion-pushes-the-pair-significantly-lower-us-nfp-data-in-focus/) - The pair accelerated lower on Friday after downbeat China’s export data and significant narrowing of trade surplus revived worries of global growth slowdown and sparked fresh risk aversion. Fresh bears surged through strong support at 111.40 (converged 10/200/100 SMA’s) and tested rising 20SMA (111.00) where temporary footstep was found. Initial reversal signal is developing on
- [EURUSD Awaiting US Job Report](https://signal2forex.com/2019/03/08/eurusd-awaiting-us-job-report/) - The euro currency has remained under downside pressure against the US dollar during the European trading session, with the pair now awaiting the US monthly job report. Bearish intraday selling pressure should continue while price trades below the neckline of the head and shoulders pattern on the four-hour time frame. A break below the 1.1170
- [AUD/USD Outlook: Aussie Continues To Pressure 0.70 Support, Final Push Through Likely On Strong US Jobs Data](https://signal2forex.com/2019/03/08/aud-usd-outlook-aussie-continues-to-pressure-0-70-support-final-push-through-likely-on-strong-us-jobs-data/) - The Aussie dollar is a tad higher in European trading on Friday dipping to 0.7003 low in Asia, driven by weak China’s data that further soured risk sentiment. The pair cracked Thursday’s low (0.7005) but faces strong headwinds from psychological 0.70 support (also 50% retracement of 0.6706/0.7295) and may hold in extended consolidation before renewed
- [The CPI and Forex: How CPI Data Affects Currency Prices](https://signal2forex.com/2019/03/08/the-cpi-and-forex-how-cpi-data-affects-currency-prices/) - In this article, we’ll explore CPI and forex trading, looking at what traders should know about the Consumer Price Index to make informed decisions. We’ll cover what CPI is as a concept, the CPI release dates, how to interpret CPI, and what to consider when trading forex against CPI data. *for extra money in the
- [Intermarket Analysis with All Star Charts Founder JC Parets | Podcast](https://signal2forex.com/2019/03/09/intermarket-analysis-with-all-star-charts-founder-jc-parets-podcast/) - Key points covered in this podcast - Simplifying your approach and removing less useful indicators - Why there are really only four outcomes of a trade - The power of intermarket analysis JC Parets is an accomplished and highly respected technical analyst and founder of technical analysis resource All Star Charts. In this edition of
- [XAU/USD Might Stay At 1,290.00](https://signal2forex.com/2019/03/08/xau-usd-might-stay-at-1290-00/) - During Thursday’s trading day, the yellow metal followed the previously drawn pattern to end the trading session at the 1,286.21 mark. During Friday’s midnight hours, gold appreciated against the US Dollar breaking the resistance levels most of the technical indicators to be located at the 1,294.62 mark. It is expected that the yellow metal will
- [USD/JPY Depreciates To S1 At 110.84](https://signal2forex.com/2019/03/08/usd-jpy-depreciates-to-s1-at-110-84/) - During Thursday’s trading session, the currency exchange pair depreciated to the 111.40 level passing the small pattern line at 111.60. On Friday morning, the rate fell, even more, passing the support level of the 200-hour SMA to the 111.01 mark. It is expected that the rate will fall to the weekly S2 at 110.84 to
- [GBP/USD Might Fall To 1.3000](https://signal2forex.com/2019/03/08/gbp-usd-might-fall-to-1-3000/) - During Thursday’s trading session, the 55-hour simple moving average retraced the currency exchange rate to pass through the support of the monthly pivot point towards the 1.3050 level. On Friday morning, the rate was located at the 1.3100 mark. In regards to the near term future, the rate will trade downwards to pass through the
- [EUR/USD Drops By 144 Base Points](https://signal2forex.com/2019/03/08/eur-usd-drops-by-144-base-points/) - During Draghi’s speech on asset purchase program, the European Single Currency depreciated by the 144 pips or 1.27%. The reason for such a sharp depreciation of the European Single Currency was the announcement that the purchase program would not be stopped. The ECB will continue buying government bonds. In regards to the near-term future, most
- [Silver Rises after Strong Downfall from 16.20](https://signal2forex.com/2019/03/08/silver-rises-after-strong-downfall-from-16-20/) - Silver came close to breaking the 14.90 support level on Thursday, finishing the day at a two-and-a-half-month low of 14.96. According to the RSI, the market could shift higher as it is sloping slightly upwards in the negate zone, though the MACD oscillator is losing its strong downside momentum in the bearish territory. Also, the
- [WTI Oil Outlook: WTI Price Falls On Renewed Concerns About Global Growth Slowdown](https://signal2forex.com/2019/03/08/wti-oil-outlook-wti-price-falls-on-renewed-concerns-about-global-growth-slowdown/) - WTI oil price fell over 1% on Friday as weak China’s data (Feb exports -20.7% vs -4.8% f/c, the biggest drop in three years) soured sentiment, adding to renewed fears about global growth slowdown that would likely impact oil demand and pressure oil prices. Fresh weakness pressures the lower boundary of past three-day congestion, when
- [USD/CAD Outlook: Canadian Dollar Rebounds after Downbeat US and Strong Canada’s Jobs Data](https://signal2forex.com/2019/03/08/usd-cad-outlook-canadian-dollar-rebounds-after-downbeat-us-and-strong-canadas-jobs-data/) - The pair fell some 50 pips in an immediate reaction on US NFP surprise and upbeat Canada’s employment figures. Data on Friday showed that US job growth reached levels close to stall, as the economy created only 20K new jobs in Feb, falling strongly below expectations 181K and well below January’s upward-revised 311K. US unemployment
- [Forex Trading Journals: A How-To and other Forex Trading Tips](https://signal2forex.com/2019/03/08/forex-trading-journals-a-how-to-and-other-forex-trading-tips/) - A forex trading journal is a log of your trades that can help you refine your strategies based on learning from previous experiences. Just as a business owner tracks inventory, a trader should also keep up with their closed positions. While keeping a trading journal may be difficult at first, recording your trades can help
- [CHI50 Index Loses 6% after 1-Year Highs; Sell-off Could Pause Soon](https://signal2forex.com/2019/03/08/chi50-index-loses-6-after-1-year-highs-sell-off-could-pause-soon/) - China 50 stock index plunged by more than 6% in the latest two trading sessions after topping at a one-year high of 13,294 on March 4, recording its biggest daily losses since late October. The RSI has left its overbought zone above 70 and returned to 50, while the MACD slipped below its red signal
- [Elliott Wave View: EURUSD Breaks Down After ECB Meeting, What’s Next?](https://signal2forex.com/2019/03/08/elliott-wave-view-eurusd-breaks-down-after-ecb-meeting-whats-next/) - In today’s meeting, the ECB (European Central Bank) has downgraded their economic growth and inflation forecast. In addition, it has announced a fresh stimulus in the form of TLTRO (Targeted Longer-Term Refinancing Operations). This is basically a long term loan given to banks to increase loan creation. If the banks can lend above a specified
- [EUR/JPY: Retains Downside Pressure With Eyes On 125.53 Zone](https://signal2forex.com/2019/03/07/eur-jpy-retains-downside-pressure-with-eyes-on-125-53-zone/) - EURJPY retains downside pressure with eyes on 125.53 zone. Support comes in at the 125.50 level where a break if seen will aim at the 125.00 level. A cut through here will turn focus to the 124.50 level and possibly lower towards the 124.00 level. Its daily RSI is bearish and pointing lower suggesting further
- [GBPJPY Slips Around 145.00, Still Looks Bullish In Medium-Term](https://signal2forex.com/2019/03/08/gbpjpy-slips-around-145-00-still-looks-bullish-in-medium-term/) - GBPJPY is edging lower towards a one-and-a-half-week low of 145.11, exiting from the Ichimoku cloud in the 4-hour chart, after it unlocked a fresh three-and-a-half-month high on March 1. The bearish momentum in the MACD points to further decline in the short-term. Yet with the RSI standing near its 30 oversold level, it seems that
- [EURCAD Bulls Give Up Rally at the Upper Bollinger Band; Golden Cross Eyed](https://signal2forex.com/2019/03/07/eurcad-bulls-give-up-rally-at-the-upper-bollinger-band-golden-cross-eyed/) - EURCAD is going downhill in the 4-hour chart, retracing all the gains it collected on Wednesday after piercing the upper Bollinger band. The MACD has slipped below its red signal line and the RSI dipped below its 50 neutral mark, both endorsing the negative mood in the market. The golden cross between the 50- and
- [WTI Oil Outlook: Oil Price Ticks Higher But Remains In The Middle Of Three-Week Congestion](https://signal2forex.com/2019/03/07/wti-oil-outlook-oil-price-ticks-higher-but-remains-in-the-middle-of-three-week-congestion/) - WTI oil price stands at the front foot on Thursday as sentiment improved and positive impact from OPEC production cut and sanctions on Venezuela and Iran offset negative effect from record US oil output and unexpected strong rise in crude inventories after EIA report showed surprise build of 7 mln bls vs expected increase of
- [USDCHF Advances With Strong Momentum in Short-Term](https://signal2forex.com/2019/03/07/usdchf-advances-with-strong-momentum-in-short-term/) - USDCHF has come under renewed buying interest over the last four days and today is still increasing its positive momentum. Technically, the red Tenkan-sen line is pointing upwards, indicating a bullish move, while the RSI is aggressively moving towards the overbought zone. However, the MACD oscillator posted a crossover to the upside with its trigger
- [EUR/USD Outlook: The Euro Remains In Defensive But Struggles At Important 1.1305 Fibo Support, ECB In Focus](https://signal2forex.com/2019/03/06/eur-usd-outlook-the-euro-remains-in-defensive-but-struggles-at-important-1-1305-fibo-support-ecb-in-focus/) - The Euro probes again below cracked pivotal support at 1.1305 (Fibo 61.8% of 1.1234/1.1419) after strong fall in past three days dipped to 1.1289 but failed to close below 1.1305 in first attempt. Bearish daily techs and stronger dollar maintain pressure as traders await ECB meeting on Thursday for more signals. Today’s close below 1.1305
- [XAU/USD Trades To S2 At 1,276.65 Mark](https://signal2forex.com/2019/03/06/xau-usd-trades-to-s2-at-1276-65-mark/) - On Tuesday, the yellow metal traded sideways to stay in the range of the 23.60% Fibo and the monthly S2. During Wednesday’s morning hours, gold was resisted by the 23.60% Fibonacci retracement level to trade at the 1,286.31 mark. In regards to the near-term future, most likely, the yellow metal will keep depreciating against the
- [WTI OIL Outlook: Oil Price May Extend Lower if US Crude Stocks Rise](https://signal2forex.com/2019/03/06/wti-oil-outlook-oil-price-may-extend-lower-if-us-crude-stocks-rise/) - WTI oil price dipped to $55.80 on Wednesday, following double rejection at $57 zone on Mon/Tue, pressured by unexpected rise in US crude stocks (API report on Tuesday showed build of 7.9 mln bls compared to last week’s 4.2 mln bls draw) and stronger dollar. The price bounced briefly after US ADP private sector employment
- [Elliott Wave View: DAX Structure Remains Bullish As Pullback In Progress](https://signal2forex.com/2019/03/07/elliott-wave-view-dax-structure-remains-bullish-as-pullback-in-progress/) - Short Term Elliott Wave view in DAX shows a bullish sequence structure from December 28, 2018 low, favoring further upside. The Index has potential to reach 100% extension towards 11912 – 12157 before ending cycle from December 2018 low. The rally from December 28, 2018 low is unfolding as a double three Elliott Wave structure
- [USD/JPY Outlook: Bulls Extend Consolidation Under Key Barriers, Broken 200SMA Continues To Underpin](https://signal2forex.com/2019/03/06/usd-jpy-outlook-bulls-extend-consolidation-under-key-barriers-broken-200sma-continues-to-underpin/) - The pair shows strong hesitation at 112 barrier, following the third straight failure to close above here, but the price remains within tight range (111.64/112.13), keeping the downside limited. Extended consolidation is likely to precede fresh push higher and eventual probe through significant barriers at 112.20/30 (Fibo 76.4% of 114.54/104.59/200WMA), break of which would generate
- [EUR/USD And USD/CHF: US Dollar Bulls In Control](https://signal2forex.com/2019/03/06/eur-usd-and-usd-chf-us-dollar-bulls-in-control/) - EUR/USD failed to hold gains above the 1.1350 level and declined below 1.1320. USD/CHF surged higher and broke the key 1.0020 resistance level to move into an uptrend. Important Takeaways for EUR/USD and USD/CHF The Euro topped above the 1.1400 pivot level and declined heavily against the US Dollar. Recently, there was a break below
- [GBP/USD Outlook: Pound Falls Further on Renewed Fears of No-Deal Brexit](https://signal2forex.com/2019/03/05/gbp-usd-outlook-pound-falls-further-on-renewed-fears-of-no-deal-brexit/) - Cable fell further on Tuesday as the sentiment soured by news that risk of no -deal Brexit returns to play. Top UK officials went to Brussels in last attempts to secure changes to PM May’s Brexit deal through the parliament and avoid disorderly no-Brexit scenario. The situation complicated further on news that BMW may move
- [USD/JPY Is Supported By 55-Hour SMA](https://signal2forex.com/2019/03/05/usd-jpy-is-supported-by-55-hour-sma/) - During Monday’s trading session, the 55-hour simple moving average supported the rate to end the trading session at 111.80. On Tuesday morning, the currency exchange rate was located at the 111.93 mark. In regards to the near-term future, most likely, the 55-hour simple moving average will continue to support the US Dollar to push the
- [WTI Oil Outlook: US Crude Stocks Reports Eyed For Fresh Signals](https://signal2forex.com/2019/03/05/wti-oil-outlook-us-crude-stocks-reports-eyed-for-fresh-signals/) - WTI oil holds bullish bias on Tuesday, following strong fall last Friday and recovery rejection on Monday. Restart of some wells of Libya’s biggest oilfield, initially pressured oil price, but the downside remains supported for now, despite weakening daily indicators (momentum / RSI). Near-term action remains within $55.01/$57.85 range and break of either side would
- [GBPAUD Eases after Hitting 4-Month High](https://signal2forex.com/2019/03/05/gbpaud-eases-after-hitting-4-month-high/) - GBPAUD is set to complete the third straight negative day following the pullback on the 1.8730 resistance level. A crucial battle is currently taking place around the 1.8520 support, as any decisive step lower could activate a bearish correction mode. From the technical view, though, chances for a negative retracement seem to be increasing as
- [Elliott Wave View: S&P 500 (SPX) Correction Should Find Buyers Again](https://signal2forex.com/2019/03/05/elliott-wave-view-sp-500-spx-correction-should-find-buyers-again/) - Short Term Elliott Wave view in S&P 500 (SPX) suggests the rally from December 26, 2018 low (2348.50) is unfolding as an impulse. Index has ended wave ((3)) of this impulse move at 2816.88. In the chart below, we can see wave (5) of ((3)) move from 2612.42 low subdivides in 5 waves impulse of
- [GBP/USD Rally Unwinds But Not Likely Over](https://signal2forex.com/2019/03/05/gbp-usd-rally-unwinds-but-not-likely-over/) - Key Highlights The British Pound surged above 1.3250 before sellers appeared near 1.3350 against the US Dollar. A major declining channel is in place with resistance near 1.3240 on the 4-hours chart of GBP/USD. The UK Construction PMI declined from 50.6 to 49.5 in Feb 2019. The UK Services PMI for Feb 2019 will be
- [GBP/USD Outlook: Bearish Near-Term Bias But Key Supports Still Intact](https://signal2forex.com/2019/03/04/gbp-usd-outlook-bearish-near-term-bias-but-key-supports-still-intact/) - Cable is trading around 1.32 handle in early US trading on Monday, following bearish acceleration that probed below 1.32 support (session low at 1.3180). Recovery attempts stalled and formed hourly lower platform at 1.3250 zone, with bears attempting to extend pullback from 1.3349 high. Stronger greenback across the board weighs, with traders taking profit and
- [USD/CAD: Loonie Remains Under Increased Pressure, Could Fall Further on Dovish BoC](https://signal2forex.com/2019/03/04/usd-cad-loonie-remains-under-increased-pressure-could-fall-further-on-dovish-boc/) - The pair maintains firm bullish tone and extends advance from last Friday (daily gains of nearly 1%) above 1.33 barrier, to threaten retest of 14 Feb recovery high (1.3340) and attack at daily cloud base (1.3355). Sentiment for loonie remains negative, following downbeat Canada’s GDP data which signal economic growth stall and could have negative
- [USD/TRY Outlook: Bulls Face Strong Headwinds at 200SMA Barrier and Eye CBRT Policy Meeting for Fresh Signals](https://signal2forex.com/2019/03/04/usd-try-outlook-bulls-face-strong-headwinds-at-200sma-barrier-and-eye-cbrt-policy-meeting-for-fresh-signals/) - The pair retests key barriers at 5.3964/77 (200SMA/Fibo 61.8% of 5.5449/5.1595) on Monday, in attempts to extend Feb’s 3.3% advance. Daily studies are in bullish setup and supportive, however bulls face strong headwinds and may not clear barrier in first attempts. The notion is supported by President Trump’s verbal action in attempts to lower the
- [GBP/USD: Retracement In Bullish Trend](https://signal2forex.com/2019/03/01/gbp-usd-retracement-in-bullish-trend/) - The GBP/USD is in a retracement mode after getting within the 1.3350 zone. We might see a bounce from the POC zone if the price makes a bullish reversal candle pattern formation. The POC zone 1.3225-1.3350 is a potential bounce spot for the cable. We can see a strong uptrend that is supported by the
- [GBPAUD Eyes Long-Term Bullish Outlook But Looks Overbought](https://signal2forex.com/2019/03/01/gbpaud-eyes-long-term-bullish-outlook-but-looks-overbought/) - GBPAUD recorded three strong bullish days this week to fully recover towards the 1.8724 top. A crucial battle is currently taking place around this area, as any decisive step higher would reactivate the 2 ½ -year old upward pattern, turning the pair bullish in the bigger picture. Under a technical view, though, chances for another
- [GBP/USD And USD/CAD Buyers In Full Control](https://signal2forex.com/2019/03/04/gbp-usd-and-usd-cad-buyers-in-full-control/) - GBP/USD rallied recently and broke the 1.3100 and 1.3250 resistance levels. USD/CAD traded above the key 1.3240 resistance to start a solid uptrend in the near term. Important Takeaways for GBP/USD and USD/CAD The British Pound climbed above the 1.3300 level before sellers appeared near the 1.3350 level. There is a major bearish trend line
- [GBP/USD Outlook: Deeper Pullback Cannot Be Ruled Out On Bulls’ Stall / Profit-Taking](https://signal2forex.com/2019/03/01/gbp-usd-outlook-deeper-pullback-cannot-be-ruled-out-on-bulls-stall-profit-taking/) - Cable holds in red for the second day and tested initial support at 1.3230 (rising 5SMA) on Friday. Profit-taking after strong rally this week could push sterling lower, as slow stochastic reverses from overbought territory and supports scenario. Pound was boosted strongly by reduced fears about no-deal Brexit last week, but the optimism starts to
- [How Forex Traders Use ISM Data](https://signal2forex.com/2019/03/03/how-forex-traders-use-ism-data/) - The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. As a result, the ISM manufacturing, construction and services indicators can provide unique opportunities for forex traders, which makes understanding this data (and how to prepare for its monthly release) essential. Talking points: What is ISM? How
- [EUR/JPY Remains Near Monthly R3](https://signal2forex.com/2019/03/01/eur-jpy-remains-near-monthly-r3/) - Upside risks dominated the common European currency against the against the Japanese Yen on Thursday. The exchange rate rose by about 100 base points during Thursday’s trading session. The currency pair is currently trading near a resistance level formed by the monthly R3 at 127.25. If this resistance line holds, a pullback towards the 126.60
- [USD/CAD Awaits NFP](https://signal2forex.com/2019/03/01/usd-cad-awaits-nfp/) - During the last 24hrs, the US Dollar has depreciated about 72 base points against the Canadian Dollar. The currency pair breached both the 50– and 100-hour simple moving averages at the end of yesterday’s trading session. Everything being equal, it is likely that the USD/CAD exchange rate will continue its decline within this session. The
- [AUD/USD Breaches Medium Ascending Channel](https://signal2forex.com/2019/03/01/aud-usd-breaches-medium-ascending-channel/) - Downside risks prevailed in the market on Thursday, thus sending the Australian Dollar to decline by 74 base points against the US Dollar. The currency pair breached the lower boundary of a medium-term ascending channel at 0.7098 during yesterday’s session. Given that a breakout had occurred, it is likely that the currency exchange rate will
- [NZD/USD Awaits US Fundamental Release](https://signal2forex.com/2019/03/01/nzd-usd-awaits-us-fundamental-release/) - The New Zealand Dollar edged lower against the US Dollar on Thursday. The currency pair breached a support cluster formed by the combination of the monthly and weekly pivot points at 0.6834. Currently, the exchange rate is testing a resistance level formed by the weekly PP at 0.6823. If this resistance line holds, a decline
- [AUD/USD Outlook: Better Than Expected China’s Data Sidelined Bears But Risk Of Further Weakness Exists](https://signal2forex.com/2019/03/01/aud-usd-outlook-better-than-expected-chinas-data-sidelined-bears-but-risk-of-further-weakness-exists/) - The Australian dollar ticks higher on Friday, as traders booked profits from strong fall of past two days. Better than expected China’s Manufacturing data (Feb Manufacturing PMI 49.9 vs 48.5 f/c and 48.3 in Jan) sidelined bears, but recovery attempts are still limited. Daily studies are overall bearish, but strengthening momentum partially offsets negative tone
- [USD/JPY Outlook: Final Break Above 200SMA Inflated Bulls For Test Of Next Key Barriers At 112.20/35](https://signal2forex.com/2019/03/01/usd-jpy-outlook-final-break-above-200sma-inflated-bulls-for-test-of-next-key-barriers-at-112-20-35/) - The pair maintains strong bullish tone and extends rally to psychological 112 barrier on Friday, after upbeat US GDP data on Thursday boosted the dollar. Eventual break and close above pivotal 200MA barrier (the pair last traded above it in late Dec) was strong bullish signal, which requires confirmation on weekly close above 200SMA. Bulls
- [WTI OIL Outlook: Strong Fundamentals Continue to Underpin Oil Price for Final Break above $57.79/85 Highs](https://signal2forex.com/2019/03/01/wti-oil-outlook-strong-fundamentals-continue-to-underpin-oil-price-for-final-break-above-57-79-85-highs/) - WTI oil cracked previous high at $57.79 (22 Feb) and posted new, marginally higher high at $57.85 on Friday, but was so far unable to sustain break. The price holds in green for the fourth straight day, as solid US GDP and stronger than expected China’s Manufacturing data further brightened the outlook after oil advanced
- [EURUSD Intraday Bearish Bias](https://signal2forex.com/2019/03/01/eurusd-intraday-bearish-bias/) - The euro is trading lower against the US dollar currency on Friday, as the greenback receives strong buying interest across the board. The EURUSD pair was strongly rejected from the 1.1420 level on Thursday and holds an intraday bearish bias while trading below the 1.1380 level. The 1.1340 level offers the strongest form of near-term
- [EURGBP Breaks Long-Term Sideways Range to the Downside](https://signal2forex.com/2019/03/01/eurgbp-breaks-long-term-sideways-range-to-the-downside/) - EURGBP fell to a fresh 21-month low of 0.8530 earlier this week, violating to the downside the sideways range it had been trading in since late 2017, with an upper bound at 0.9100 and a lower bound near 0.8615. The medium-term outlook thus looks negative, especially since price action is taking place below a downtrend
- [USD/CAD Outlook: Loonie Tumbles after Weak Canada GDP Data](https://signal2forex.com/2019/03/01/usd-cad-outlook-loonie-tumbles-after-weak-canada-gdp-data/) - The Canadian dollar fell almost a hundred pips against its US counterpart on Friday, pressured by downbeat Canada’s GDP data. Canada’s economy grew 0.4% y/y in Q4, decelerating significantly from Q3 growth of 2%.Monthly figure also disappointed expectations (Dec m/m -0.1% vs 0.0% f/c) in line with previous month release (-0.1). The growth slowed mainly
- [USDJPY Targeting 112.20](https://signal2forex.com/2019/03/01/usdjpy-targeting-112-20/) - The US dollar has continued to rally higher against the Japanese yen currency during the European trading, with bulls moving the pair close to the 112.00 resistance level. The first target for buyers is likely to be the 112.20 level, with the 112.80 level extended resistance. Technical indicators on the daily time frame continue to
- [GBP/USD Bull Flag Pattern In Wave 4 Pullback](https://signal2forex.com/2019/03/01/gbp-usd-bull-flag-pattern-in-wave-4-pullback/) - A GBP/USD bullish breakout and bounce at the 50% Fib could complete the wave C (blue) of wave Y (purple) of wave 4 (pink). A bullish break above the 61.8% Fib, however, could indicate a different wave pattern than the expected wave 4 (pink) correction. A break below the support trend lines (blue) confirms the
- [USD/JPY In Significant Uptrend Above 111.00](https://signal2forex.com/2019/03/01/usd-jpy-in-significant-uptrend-above-111-00/) - Key Highlights The US Dollar climbed higher and broke the 111.00 resistance against the Japanese Yen. There is a crucial bullish trend line in place with support at 110.60 on the 4-hours chart of USD/JPY.- advertisement - The US GDP in Q4 2019 grew 2.6% (Prelim), better than the forecast 2.3% forecast. The US
- [AUD/USD Likely To Trade Sideways](https://signal2forex.com/2019/02/28/aud-usd-likely-to-trade-sideways/) - The Australian Dollar depreciated about 71 base points against the US Dollar on Wednesday. The decline was stopped by a support level formed by the weekly PP at 0.7135 during the previous trading session. The currency pair was stranded between the 200-hour simple moving average at 0.7145 and the weekly pivot point at 0.7135 during
- [AUD/JPY 4H Chart: Tests Weekly PP At 79.03](https://signal2forex.com/2019/02/28/aud-jpy-4h-chart-tests-weekly-pp-at-79-03/) - During the last week, the Australian Dollar appreciated about 1.82% against the Japanese Yen. This surge was stopped by a resistance level set by the weekly R1 at 79.72. The exchange rate tested the lower band of an ascending channel during the morning hours of Thursday’s trading session. If a support level formed by the
- [GBP/USD Intraday Support Around 1.3285](https://signal2forex.com/2019/02/28/gbp-usd-intraday-support-around-1-3285/) - Pivot (invalidation): 1.3285 Our preference Long positions above 1.3285 with targets at 1.3350 & 1.3375 in extension. Alternative scenario Below 1.3285 look for further downside with 1.3260 & 1.3230 as targets.- advertisement - Comment A support base at 1.3285 has formed and has allowed for a temporary stabilisation. Signal2forex reviews
- [GBP/JPY 4H Chart: Breakout Occurs](https://signal2forex.com/2019/02/28/gbp-jpy-4h-chart-breakout-occurs/) - Upside risks dominated the British Pound versus the Japanese Yen during the past week. The currency pair appreciated about 2.89% during last week’s trading session. A breakout occurred through the upper boundary of a dominant descending channel at 147.00 at the end of Wednesday’s trading session. Given that a breakout had occurred, it is likely
- [Market Morning Briefing: USDCNY Fell Sharply From 6.69](https://signal2forex.com/2019/02/28/market-morning-briefing-usdcny-fell-sharply-from-6-69/) - STOCKS The rally in the global equities seems to have halted. A near-term correction is on the cards on the back of profit-booking. The increased geopolitical tensions between India and Pakistan keeps the Asian equities under pressure which are trading in the red today following the fall in the US equities overnight. Dow Jones (25,985.16,
- [Soybeans Futures On Course for Possible Downward Movement](https://signal2forex.com/2019/02/27/soybeans-futures-on-course-for-possible-downward-movement/) - Soybeans futures pulled back on the medium-term ascending trend line and the 23.6% Fibonacci retracement level of the upleg from 8.1156 to 9.3045 near 9.0219, confirming the medium-term upside rally in the daily timeframe. Currently, the price is trading below the bearish cross within the 20- and 40-simple moving averages (SMAs), pointing to a possible
- [EUR/GBP: Break Below Multi-Month Range Could Signal Stronger Bearish Acceleration](https://signal2forex.com/2019/02/27/eur-gbp-break-below-multi-month-range-could-signal-stronger-bearish-acceleration/) - The cross accelerated lower on Wednesday and broke below the floor of Oct 2017/Jan 2019 range, to hit the lowest levels since May 2017. Extension of larger downtrend from 0.9113 (range top) cracked support at 0.8547 (Fibo 76.4% of 0.8312/0.9306 ascend) that opens way towards key supports at 0.8395 (Fibo 38.2% of July 2015 /
- [USDCHF Risk Remains Lower Towards 0.9921 Support Zone](https://signal2forex.com/2019/02/27/usdchf-risk-remains-lower-towards-0-9921-support-zone/) - USDCHF risk remains lower towards 0.9921 support zone. Resistance comes in at the 1.0000 level. A break of here will clear the way for more gain towards the 1.0050 level. Above here, resistance lies at the 1.0100 level and then the 1.0150 level. On the downside, support is seen at the 0.9950 level. A turn
- [S&P 500 Turning Down](https://signal2forex.com/2019/02/27/sp-500-turning-down/) - Pivot (invalidation): 2815.00 Our preference Short positions below 2815.00 with targets at 2781.00 & 2763.00 in extension. Alternative scenario Above 2815.00 look for further upside with 2831.00 & 2844.00 as targets.- advertisement - Comment The RSI is bearish and calls for further downside. Signal2forex reviews
- [Market Morning Briefing: Aussie Is Trading Below Resistance Zone Of 0.72-0.7250](https://signal2forex.com/2019/02/27/market-morning-briefing-aussie-is-trading-below-resistance-zone-of-0-72-0-7250/) - STOCKS Major global indices continues to remain bullish and has room for further rise in the short term. On the domestic front, though the Sensex and the Nifty 50 opened on a nervous note yesterday after the air-strike on terrorist camp, it has bounced sharply from the day’s low thereby keeping the bias positive for
- [EURAUD Stays Neutral in Short- and Long-Term Timeframes](https://signal2forex.com/2019/02/26/euraud-stays-neutral-in-short-and-long-term-timeframes/) - EURAUD has been moving sideways in the short-term and long-term timeframes. Over the last two-months, the price has been developing between the 1.6060 resistance level and the 1.5720 support barrier, trading near the 20- and 40-simple moving averages (SMAs) in the daily chart. In addition, the red Tenkan-sen and the blue Kijun-sen lines are flattening,
- [GBPUSD Faces More Upside Pressure On Bullish Offensive](https://signal2forex.com/2019/02/26/gbpusd-faces-more-upside-pressure-on-bullish-offensive/) - GBPUSD faces more upside pressure on bullish offensive. looks to recover further higher on bull pressure. Support stands at 1.3100 level. Further down, support comes in at the 1.3050 level where a break will turn focus to the 1.3000 level. Further down, support lies at the 1.2950 level. Below here will set the stage for
- [Oil Trading Strategies with Futures Trader Tracy Shuchart| Podcast](https://signal2forex.com/2019/02/26/oil-trading-strategies-with-futures-trader-tracy-shuchart-podcast/) - KEY POINTS COVERED IN THIS PODCAST - How Tracy uses a macro approach to trading the oil market - The books to check out to improve your oil trading knowledge - Key oil benchmarks for 2019 Tracy Shuchart is a futures trader with a specialism in oil trading strategies. In this edition of our podcast
- [USD/JPY Outlook: Bulls Face Strong Headwinds From 200SMA And Keep Risk Of Stall Despite Improved Sentiment](https://signal2forex.com/2019/02/26/usd-jpy-outlook-bulls-face-strong-headwinds-from-200sma-and-keep-risk-of-stall-despite-improved-sentiment/) - The pair trades near 2019 high at 111.23 following Monday’s rally which generated bullish signal on close above triangle resistance (110.86) and fresh probes above 111 barrier. Fresh risk appetite on optimistic tones from US/China trade talks boosted the greenback, however, lack of momentum may prevent bulls from final attack at key 200SMA barrier (111.30).
- [Currency Carry Trade: What is it and how does it work?](https://signal2forex.com/2019/02/26/currency-carry-trade-what-is-it-and-how-does-it-work/) - A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. This is also known as “rollover” and forms an integral part of a carry trade strategy. Traders gravitate towards this strategy in the hope of collecting daily interest
- [GBP/CAD 4H Chart: Short-Term Surge Expected](https://signal2forex.com/2019/02/26/gbp-cad-4h-chart-short-term-surge-expected/) - The British Pound has appreciated about 1.58% in values against the Canadian Dollar since last week. The currency pair was supported by a cluster formed by the of the weekly and the monthly PPs and the combination of the 50-,100 and 200-hour SMAs at 1.7170. A for the near future, it is likely that the
- [Market Morning Briefing: Dollar-Index While Above 96](https://signal2forex.com/2019/02/26/market-morning-briefing-dollar-index-while-above-96/) - STOCKS Equities continue to remain bullish. The global indices can move further higher in the next few days. However, key resistances are coming up which increases the possibility of a corrective fall in equities going forward. Dow Jones (26,091.95, +60.14, +0.23%) can move higher to 26,250-26,300 while it remains above 26,000- advertisement - DAX
- [WTI OIL Outlook: US Oil Fell Nearly $2 after Trump Criticized OPEC for Too High Oil Prices](https://signal2forex.com/2019/02/25/wti-oil-outlook-us-oil-fell-nearly-2-after-trump-criticized-opec-for-too-high-oil-prices/) - WTI oil price fell nearly $2 on Monday after US President Trump said that oil prices are too high and called OPEC to relax and keep prices steady. WTI contract dipped from $57.48 to the session low at $55.69 after Trump’s tweet, in post-news knee-jerk reaction. Fresh weakness broke back below 100SMA ($56.18) that weakened
- [EUR/USD Extending Rebound as Dollar Continues Pullback](https://signal2forex.com/2022/07/18/eur-usd-extending-rebound-as-dollar-continues-pullback/) - Dollar, Yen and Swiss Franc are both under some selling pressure today, as overall risk sentiment improved. Sterling is currently the winner and Euro is not too far behind. Canadian Dollar leads commodity currencies, as Kiwi is somewhat lagging despite strong inflation data. The picture will depend on whether stock markets in the US could
- [Euro Still in Decline, No End in Sight Yet](https://signal2forex.com/2022/03/04/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 too. Dollar remains mixed and will look into non-farm payroll report from the US. But
- [Beyond student loan forgiveness, here's what the government can do to keep the rising household debt in check](https://signal2forex.com/2022/08/27/beyond-student-loan-forgiveness-heres-what-the-government-can-do-to-keep-the-rising-household-debt-in-check/) - On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually.But student loans account for less than 10% of household debt in America, which reached $16.15 trillion during the second quarter of 2022."We shouldn't be panicked about the level of household debt right
- [Stocks making the biggest moves premarket: Dollar Tree, Peloton, Salesforce and more](https://signal2forex.com/2022/08/25/stocks-making-the-biggest-moves-premarket-dollar-tree-peloton-salesforce-and-more/) - Check out the companies making headlines before the bell:Dollar Tree (DLTR) – The discount retailer's stock slid 6.6% in the premarket after cutting its full-year earnings forecast, due to the impact of pricing-related investments at its Family Dollar stores. Dollar Tree reported better than expected profit for its latest quarter, with revenue in line with Wall
- [Watch Federal Reserve Chair Jerome Powell speak live at Jackson Hole](https://signal2forex.com/2022/08/26/watch-federal-reserve-chair-jerome-powell-speak-live-at-jackson-hole/) - [The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jerome Powell delivers a speech at the central bank's annual economic symposium in Jackson Hole, Wyoming, on Friday at 10.a.m. ET.Market participants have eagerly awaited Powell's comments, searching
- [Nobel prize winner says the U.S. needs a 1950s-style productivity boom](https://signal2forex.com/2022/08/24/nobel-prize-winner-says-the-u-s-needs-a-1950s-style-productivity-boom/) - The U.S. needs to return to the kind of economic and productivity growth it saw in mid-20th century to boost public spirits, according to a Nobel Prize-winning economist. "We badly need to get back to economic growth," Edmund S. Phelps, director of the Center on Capitalism and Society at Columbia University, told CNBC's "Squawk Box Europe"
- [Inflation peaking? 10 common consumer items where prices are falling](https://signal2forex.com/2022/08/20/inflation-peaking-10-common-consumer-items-where-prices-are-falling/) - A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas.Brandon Bell | Getty ImagesJuly's consumer price index report finally showed a sign of potential relief – inflation ticked up less than expected from a year ago, and was flat on the month, meaning that a basket of items
- [Stocks making the biggest moves midday: Twitter, Zoom, Palo Alto Networks, Macy's and more](https://signal2forex.com/2022/08/23/stocks-making-the-biggest-moves-midday-twitter-zoom-palo-alto-networks-macys-and-more/) - Source: NasdaqCheck out the companies making headlines in midday trading Tuesday.Zoom Video — Zoom sank 16.5% after missing on revenue estimates for the previous quarter due to a strong dollar. The videoconferencing company also cut its forecast for the full year amid slowing revenue growth.Twitter – Shares of the social media network fell 7.3% after a
- [Retail sales little changed in July amid fall in gas prices and drop in auto sales](https://signal2forex.com/2022/08/17/retail-sales-little-changed-in-july-amid-fall-in-gas-prices-and-drop-in-auto-sales/) - Retail activity was flat in July as falling fuel prices held back gas station sales and consumers turned more heavily to online shopping, the Census Bureau reported Wednesday.While advance retail sales were unchanged, total receipts excluding autos rose 0.4%. Economists surveyed by Dow Jones had been looking for a 0.1% increase in the top-line number
- [Warren Buffett gets permission to buy up to half of Occidental Petroleum, boosting the shares](https://signal2forex.com/2022/08/19/warren-buffett-gets-permission-to-buy-up-to-half-of-occidental-petroleum-boosting-the-shares/) - Warren Buffett at press conference during the Berkshire Hathaway Shareholders Meeting, April 30, 2022.CNBCWarren Buffett's Berkshire Hathaway on Friday received regulatory approval to purchase up to 50% of oil giant Occidental Petroleum.Shares of Occidental jumped 10% on the news to above $70 apiece, pushing their 2022 gains to more than 140%.On July 11, Berkshire filed
- [Jobless claims edge lower as Fed looks to cool labor market](https://signal2forex.com/2022/08/18/jobless-claims-edge-lower-as-fed-looks-to-cool-labor-market/) - Initial filings for unemployment benefits declined slightly last week though they were consistent with a drift higher in layoffs that began in the spring, the Labor Department reported Thursday.Jobless claims totaled 250,000 for the week ended Aug. 13, down 2,000 from the previous week and below the 260,000 Dow Jones estimate.The four-week moving average for
- [Baidu's robotaxis don't need any human staff in these parts of China](https://signal2forex.com/2022/08/08/baidus-robotaxis-dont-need-any-human-staff-in-these-parts-of-china/) - Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles.BaiduBEIJING — Chinese tech company Baidu said Monday it has become the first robotaxi operator in China to obtain permits for selling rides with no human driver or staff member inside the vehicles.The local government approvals allow
- [Weekly jobless claims rise to 260,000 ahead of nonfarm payrolls report](https://signal2forex.com/2022/08/04/weekly-jobless-claims-rise-to-260000-ahead-of-nonfarm-payrolls-report/) - Initial claims for unemployment insurance totaled 260,000 last week, near the highest level since November amid a shift in the U.S. labor market.The total for the week ended July 30 was in line with the Dow Jones estimate but a gain of 6,000 from the previous week's downwardly revised level, the Labor Department reported Thursday.In
- [Stocks making the biggest moves after hours: DoorDash, Beyond Meat, AMC, Virgin Galactic & more](https://signal2forex.com/2022/08/05/stocks-making-the-biggest-moves-after-hours-doordash-beyond-meat-amc-virgin-galactic-more/) - A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020.Carlo Allegri | ReutersCheck out the companies making headlines after the bell: DoorDash — Shares of the food delivery company popped 12% after a revenue beat. DoorDash reported revenue of $1.61 billion in the second quarter, higher
- [Fed's Daly says 'our work is far from done' on inflation; Evans sees 'reasonable' chance for smaller hike](https://signal2forex.com/2022/08/02/feds-daly-says-our-work-is-far-from-done-on-inflation-evans-sees-reasonable-chance-for-smaller-hike/) - Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, U.S., November 12 2018.Ann Saphir | ReutersThe Federal Reserve still has a lot of work to do before it gets inflation under control, and that means higher interest rates, San
- [Jobless claims rise again in another sign that labor market is cooling](https://signal2forex.com/2022/07/21/jobless-claims-rise-again-in-another-sign-that-labor-market-is-cooling/) - A woman walks in front of a store on February 22, 2021, in New York City.John Smith | Corbis News | Getty ImagesInitial jobless claims hit their highest level since mid-November last week, the latest sign that a historically tight labor market is beginning to slow, according to Labor Department data released Thursday.Claims totaled 251,000
- [Here's how to know if we're in a recession, and it's not what you think](https://signal2forex.com/2022/07/27/heres-how-to-know-if-were-in-a-recession-and-its-not-what-you-think/) - Everyone who cares knows that recessions happen when there are two consecutive quarters of negative growth — everyone, that is, except for the people who actually decide when the economy is in recession.For those folks, at the National Bureau of Economic Research, the definition of recession is much squishier.Officially, the NBER defines recession as "a
- [Stocks making the biggest moves midday: Citigroup, Wells Fargo, Pinterest and more](https://signal2forex.com/2022/07/15/stocks-making-the-biggest-moves-midday-citigroup-wells-fargo-pinterest-and-more/) - Citigroup offices in New York City. Adam Jeffery | CNBC Check out the companies making headlines in midday trading.Pinterest — Shares of the image-sharing social media company surged 16.2% on a report from the Wall Street Journal that Elliott Management has acquired a more than 9% stake.Citigroup — Citigroup rallied 13.2% after second-quarter earnings beat on
- [Goldman Sachs hires Alphabet tech incubator CEO Jared Cohen for new innovation group](https://signal2forex.com/2022/07/12/goldman-sachs-hires-alphabet-tech-incubator-ceo-jared-cohen-for-new-innovation-group/) - Jared CohenAnjali Sundaram | CNBCGoldman Sachs CEO David Solomon has hired another senior executive from the technology sector.The investment bank is adding Alphabet's Jared Cohen, a protege of former Google CEO Eric Schmidt and founder of Jigsaw, an incubator at the tech giant, to help start a new innovation group, Solomon said Tuesday in a
- [The Federal Reserve just hiked interest rates by 0.75 percentage point. How raising rates may help slow inflation](https://signal2forex.com/2022/06/15/the-federal-reserve-just-hiked-interest-rates-by-0-75-percentage-point-how-raising-rates-may-help-slow-inflation/) - Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 4, 2022 in Washington, DC.Win McNamee | Getty ImagesThe Fed's main tool to battle inflation is interest ratesThe Federal Reserve has a few main goals with respect to the economy: to promote maximum employment, keep prices
- [Here's everything the Fed is expected to announce, including the biggest rate hike in 28 years](https://signal2forex.com/2022/06/15/heres-everything-the-fed-is-expected-to-announce-including-the-biggest-rate-hike-in-28-years/) - The Federal Reserve on Wednesday is expected to do something it hasn't done in 28 years — increase interest rates by three-quarters of a percentage point.In response to soaring inflation and volatile financial markets, the central bank will hike the rate that banks charge each other for overnight borrowing to a range of 1.5%-1.75%, where
- [Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994](https://signal2forex.com/2022/06/16/fed-hikes-its-benchmark-interest-rate-by-0-75-percentage-point-the-biggest-increase-since-1994/) - The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994.Ending weeks of speculation, the rate-setting Federal Open Market Committee took the level of its benchmark funds rate to a range of 1.5%-1.75%,
- [S&P 500 futures slip ahead of kickoff to earnings season](https://signal2forex.com/2022/07/11/sp-500-futures-slip-ahead-of-kickoff-to-earnings-season/) - Traders on the floor of the NYSE, June 24, 2022.Source: NYSEU.S. equities futures dipped early Monday morning as Wall Street looked ahead to big company earnings reports and key inflation data, on the heels of a strong employment report.Futures tied to the Dow Jones Industrial Average slipped by 201 points, or 0.64%. S&P 500 futures
- [Stocks making the biggest moves midday: Upstart, WD-40, Vita Coco and more](https://signal2forex.com/2022/07/08/stocks-making-the-biggest-moves-midday-upstart-wd-40-vita-coco-and-more/) - The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022.Brendan Mcdermid | ReutersCheck out the companies making headlines in midday trading.Upstart — The consumer lender's shares tumbled 19.7% after the company issued a profit warning
- [Number of Americans involuntarily working part-time falls by 707,000 to 3.6 million, lowest level in 21 years](https://signal2forex.com/2022/07/08/number-of-americans-involuntarily-working-part-time-falls-by-707000-to-3-6-million-lowest-level-in-21-years/) - Momo Productions | Digitalvision | Getty ImagesThe number of Americans who want to work full-time but are forced to work part-time jobs declined in June to its lowest in more than 20 years, according to federal data issued Friday, underscoring the strength of the labor market and the bargaining power of workers.There were 3.6 million
- [A day after Powell's assurances about the economy, markets are worried that 'the Fed breaks something'](https://signal2forex.com/2022/06/16/a-day-after-powells-assurances-about-the-economy-markets-are-worried-that-the-fed-breaks-something/) - Federal Reserve Chairman Jerome Powell's insistence that the central bank is not deliberately trying to cause a recession and that the economy is on solid footing is exactly what someone in his position would be expected to say.The trouble is, the Fed's likely to get a recession anyway as data shows the economy is a
- [GameStop jumps 5% in extended trading after announcing 4-for-1 stock split](https://signal2forex.com/2022/07/06/gamestop-jumps-5-in-extended-trading-after-announcing-4-for-1-stock-split/) - A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022.Brendan McDermid | ReutersShares of GameStop jumped 5% in extended trading Wednesday after the retailer said a four-for-one stock split was approved by its board.Shareholders who own the stock at the close of
- [Stocks making the biggest moves premarket: GameStop, Seagen, Virgin Galactic and more](https://signal2forex.com/2022/07/07/stocks-making-the-biggest-moves-premarket-gamestop-seagen-virgin-galactic-and-more/) - Check out the companies making headlines before the bell:GameStop (GME) – GameStop rallied 7.8% in the premarket after the videogame retailer declared a 4-for-1 stock split. Trading on a split-adjusted basis will begin on July 22.Seagen (SGEN) – Seagen gained 4.5% in premarket trading after the Wall Street Journal reported that Merck (MRK) is in
- [Everyone knows inflation is on fire. This is what's really fueling it](https://signal2forex.com/2022/06/17/everyone-knows-inflation-is-on-fire-this-is-whats-really-fueling-it/) - Meat is seen in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022.Lucy Nicholson | ReutersInflation doesn't just happen at the gas pump and the grocery store. There are literally hundreds of avenues that filter into broader measures the government uses to gauge price increases.The big three inputs for
- [The S&P 500 just had its worst first half in more than 50 years, which 'stressed' this classic investment strategy](https://signal2forex.com/2022/07/01/the-sp-500-just-had-its-worst-first-half-in-more-than-50-years-which-stressed-this-classic-investment-strategy/) - Stock trader on the floor of the New York Stock Exchange.Spencer Platt | Getty Images News | Getty ImagesThe S&P 500 Index, a barometer of U.S. stocks, just had its worst first half of the year going back over 50 years.The index fell 20.6% in the past six months, from its high-water mark in early
- [FTX signs a deal giving it the option to buy crypto lender BlockFi](https://signal2forex.com/2022/07/01/ftx-signs-a-deal-giving-it-the-option-to-buy-crypto-lender-blockfi/) - Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesFTX has signed a deal giving it the option to buy crypto lending company BlockFi.The agreement gives FTX the ability to buy BlockFi at a maximum price of $240 million,
- [A new ETF investing in disaster relief launches in time for hurricane season](https://signal2forex.com/2022/07/01/a-new-etf-investing-in-disaster-relief-launches-in-time-for-hurricane-season/) - The Atlantic hurricane season is in full swing, and a new exchange-traded fund that focuses on disaster recovery has launched just in time for it.The first-of-its-kind Procure Disaster Recovery Strategy ETF invests in companies working to reduce risk and motivate sustainable recovery from natural disasters around the world."Our partners at VettaFi and the team that
- [North Korea is likely culprit behind $100 million crypto heist, researchers say](https://signal2forex.com/2022/06/30/north-korea-is-likely-culprit-behind-100-million-crypto-heist-researchers-say/) - A photo illustration showing the North Korean flag and a computer hacker.Budrul Chukrut | Sopa Images | Lightrocket | Getty ImagesNorth Korean state-sponsored hackers were likely the perpetrators of a hack that led to the theft of around $100 million in cryptocurrency, according to analysis from blockchain researchers.The hackers targeted Horizon, a so-called blockchain bridge
- [Powell vows that the Fed is 'acutely focused' on bringing down inflation](https://signal2forex.com/2022/06/17/powell-vows-that-the-fed-is-acutely-focused-on-bringing-down-inflation/) - Federal Reserve Board Chairman Jerome Powell speaks to reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., June 15, 2022.Elizabeth Frantz | ReutersFederal
- [JPMorgan Chase tells employees the bank will pay for travel to states that allow abortion](https://signal2forex.com/2022/06/24/jpmorgan-chase-tells-employees-the-bank-will-pay-for-travel-to-states-that-allow-abortion/) - JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021.Brian Snyder | ReutersJPMorgan Chase, one of the largest employers in the U.S. financial industry, told workers that it will pay for travel to states that allow legal abortions, according to a memo first obtained
- [Here are the three things the Fed has done wrong, and what it still isn't getting right](https://signal2forex.com/2022/06/18/here-are-the-three-things-the-fed-has-done-wrong-and-what-it-still-isnt-getting-right/) - The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., June 14, 2022.Sarah Silbiger | ReutersAfter years of being a beacon for financial markets, the Federal Reserve suddenly finds itself second-guessed as it tries to navigate the economy through a wicked bout of inflation and away from ever-darkening recession
- [Stock futures fall after the major averages dip, investors mull recession concern](https://signal2forex.com/2022/06/23/stock-futures-fall-after-the-major-averages-dip-investors-mull-recession-concern/) - Stock futures declined early on Thursday after the major indexes slipped into the red at the end of regular trading and investors weighed the likelihood of a recession after Federal Reserve chair Jerome Powell acknowledged it's a possibility.Futures tied to the S&P 500 fell 0.34%, while the Dow Jones Industrial Average futures skidded 0.3% or
- [Pandemic-era checks rewired how these Americans see money: 'Stimulus changed how I think about what's possible'](https://signal2forex.com/2022/06/18/pandemic-era-checks-rewired-how-these-americans-see-money-stimulus-changed-how-i-think-about-whats-possible/) - Ciydemimages | E+ | Getty ImagesFor Denise Diaz, the benefits of pandemic-era stimulus checks went beyond everyday dollars and cents. They rewired how she thinks about money.Diaz, a mother of three who lives outside Orlando, Florida, received more than $10,000 from three rounds of "economic impact payments."They were among the 472 million payments issued by
- [Inflation and recession fears are squeezing some industries more than others](https://signal2forex.com/2022/06/19/inflation-and-recession-fears-are-squeezing-some-industries-more-than-others/) - A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow.Jim Watson | AFP | Getty ImagesPeople still appear willing to shell out to travel, go to the movies and have a drink or two,
- [Here's what the Federal Reserve's 0.75 percentage point rate hike — the highest in 28 years — means for you](https://signal2forex.com/2022/06/16/heres-what-the-federal-reserves-0-75-percentage-point-rate-hike-the-highest-in-28-years-means-for-you/) - What the federal funds rate means to youThe federal funds rate, which is set by the central bank, is the interest rate at which banks borrow and lend to one another overnight. Although that's not the rate consumers pay, the Fed's moves still affect the borrowing and saving rates consumers see every day."We're certainly going
- [Powell says the Fed could hike rates by 0.75 percentage point again in July](https://signal2forex.com/2022/06/16/powell-says-the-fed-could-hike-rates-by-0-75-percentage-point-again-in-july/) - Federal Reserve Chair Jerome Powell said Wednesday the central bank could raise interest rates by a similar magnitude at the next policy meeting in July as it did in June."From the perspective of today, either a 50 basis point or a 75 basis point increase seems most likely at our next meeting," Powell said at
- [Amid record inflation, 36% of employees earning $100,000 or more say they are living paycheck to paycheck](https://signal2forex.com/2022/06/16/amid-record-inflation-36-of-employees-earning-100000-or-more-say-they-are-living-paycheck-to-paycheck/) - South_agency | E+ | Getty ImagesMore than a third of high-earning American workers feel strapped for cash — a share that has risen dramatically in recent years.Thirty-six percent of U.S. employees with salaries of $100,000 or more are living paycheck to paycheck — twice as many who said they were in 2019, according to a
- [Stocks making the biggest moves premarket: DocuSign, Vail Resorts, Stitch Fix and others](https://signal2forex.com/2022/06/10/stocks-making-the-biggest-moves-premarket-docusign-vail-resorts-stitch-fix-and-others/) - Check out the companies making headlines before the bell:DocuSign (DOCU) – The electronic-signature technology company's stock plunged 26.1% in the premarket after its quarterly profit and revenue fell short of Wall Street forecasts. DocuSign had previously warned that a return to post-Covid working conditions could cut into its business.Vail Resorts (MTN) – Vail Resorts rallied
- [Job openings show sharp decline, but still vastly outnumber available workers](https://signal2forex.com/2022/06/01/job-openings-show-sharp-decline-but-still-vastly-outnumber-available-workers/) - A man walking a dog passes by a help wanted sign advertised along East Main Street in East Islip, New York on February 17, 2022.Newsday LLC | Newsday | Getty ImagesJob openings fell by nearly half a million in April, narrowing the historically large gap between vacant positions and available workers, the Bureau of Labor
- ['Buy now, pay later' firms were already in trouble. Apple just gave them one more thing to worry about](https://signal2forex.com/2022/06/10/buy-now-pay-later-firms-were-already-in-trouble-apple-just-gave-them-one-more-thing-to-worry-about/) - Apple Pay Later will let users pay for things over four equal installments.Jakub Porzycki | Nurphoto | Getty ImagesAMSTERDAM — Apple's move into the crowded "buy now, pay later" space has raised the stakes for the fintech companies that pioneered the trend.The iPhone maker announced plans to launch its own "pay later" loans on Monday,
- [Brokerage industry looks for alternatives to payment for order flow amid SEC's threatened crackdown](https://signal2forex.com/2022/06/10/brokerage-industry-looks-for-alternatives-to-payment-for-order-flow-amid-secs-threatened-crackdown/) - The brokerage industry is exploring alternatives to payment for order flow as SEC chair Gary Gensler takes aim at the practice.One idea is coming from Apex Clearing, CNBC has learned. The clearing firm handles trades for SoFi, Webull and other fintechs and has been quietly building a marketplace for matching customer orders. The "auction" process,
- [The Fed's Mary Daly says rate hikes should continue until inflation is tamed](https://signal2forex.com/2022/06/01/the-feds-mary-daly-says-rate-hikes-should-continue-until-inflation-is-tamed/) - San Francisco Federal Reserve President Mary Daly said Wednesday she backs raising interest rates aggressively until inflation comes down to a reasonable level.Those moves likely would entail multiple 50 basis point hikes at coming meetings, then a possible rest to see how the central bank policy tightening is combining with other factors in addressing the
- [Stocks making the biggest moves midday: Tesla, Five Below, Novavax, Nio and more](https://signal2forex.com/2022/06/09/stocks-making-the-biggest-moves-midday-tesla-five-below-novavax-nio-and-more/) - A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018.Hannah McKay | ReutersCheck out the companies making headlines in midday trading.Tesla — Shares rose about 2.2% after UBS upgraded the electric vehicle stock to buy from neutral. The firm said Tesla's pullback this year offers an "attractive entry point" for
- [Fed report sees 'slight or modest' economic growth as inflation surges](https://signal2forex.com/2022/06/02/fed-report-sees-slight-or-modest-economic-growth-as-inflation-surges/) - Most of the U.S. has been seeing just "slight or modest" economic growth over the past two months or so, according to a Federal Reserve report released Wednesday.While all 12 Fed districts reported continued growth, the central bank's periodic "Beige Book" indicated that four of the regions showed "that the pace of growth had slowed"
- [Payrolls rose 390,000 in May, better than expected as companies keep hiring](https://signal2forex.com/2022/06/03/payrolls-rose-390000-in-may-better-than-expected-as-companies-keep-hiring/) - The U.S. economy added 390,000 jobs in May, better than expected despite fears of an economic slowdown and with a roaring pace of inflation, the Bureau of Labor Statistics reported Friday.At the same time, the unemployment rate held at 3.6%, just above the lowest level since December 1969.Economists surveyed by Dow Jones had been looking
- [Fed Vice Chair Lael Brainard says it's 'very hard to see the case' for the Fed pausing rate hikes](https://signal2forex.com/2022/06/02/fed-vice-chair-lael-brainard-says-its-very-hard-to-see-the-case-for-the-fed-pausing-rate-hikes/) - Federal Reserve Vice Chair Lael Brainard said Thursday that it's unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon.Though she stressed that Fed policymakers will remain data-dependent, Brainard said the most likely path will be that the increases will continue until inflation is tamed."Right now, it's very hard
- [Stocks making the biggest moves in the premarket: Spirit Airlines, Didi Global, Keurig Dr Pepper and more](https://signal2forex.com/2022/06/06/stocks-making-the-biggest-moves-in-the-premarket-spirit-airlines-didi-global-keurig-dr-pepper-and-more/) - Take a look at some of the biggest movers in the premarket:Spirit Airlines (SAVE) – Spirit jumped 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will increase its breakup fee for the deal to $350 million and pay part of that as a dividend if the deal is consummated, increasing
- [Fed's Mester says inflation hasn't peaked and multiple half-point rate hikes are needed](https://signal2forex.com/2022/06/03/feds-mester-says-inflation-hasnt-peaked-and-multiple-half-point-rate-hikes-are-needed/) - Cleveland Federal Reserve President Loretta Mester said Friday that she doesn't see ample evidence that inflation has peaked and thus is on board with a series of aggressive interest rate increases ahead."I think the Fed has shown that we're in the process of recalibrating our policy to get inflation back down to our 2% goal.
- [Stocks making the biggest moves midday: Ulta Beauty, Big Lots, Autodesk, Workday and more](https://signal2forex.com/2022/05/27/stocks-making-the-biggest-moves-midday-ulta-beauty-big-lots-autodesk-workday-and-more/) - Ulta Beauty store.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading Friday.Ulta Beauty — The beauty retailer surged 12.5% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the full year.American Eagle — The stock dropped 6.6% after the retailer posted weaker-than-expected quarterly revenue. American Eagle reported
- [Powell says the Fed will not hesitate to keep raising rates until inflation comes down](https://signal2forex.com/2022/05/18/powell-says-the-fed-will-not-hesitate-to-keep-raising-rates-until-inflation-comes-down/) - Jerome Powell, chairman of the U.S. Federal Reserve, arrives for a Senate Banking Committee hearing in Washington, D.C., on Thursday, July 15, 2021.Al Drago | Bloomberg | Getty ImagesFederal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a
- [CEO outlook dims sharply, with more than half expecting a recession ahead, survey shows](https://signal2forex.com/2022/05/18/ceo-outlook-dims-sharply-with-more-than-half-expecting-a-recession-ahead-survey-shows/) - Corporate executives are taking a dim view of their prospects, with a majority now expecting a recession ahead, according to a closely watched business survey released Wednesday.The Conference Board measure of CEO sentiment showed that 57% of respondents expect inflation to come down "over the next few years" but the economy to sustain a "very
- [Households are now spending an estimated $5,000 a year on gasoline](https://signal2forex.com/2022/05/18/households-are-now-spending-an-estimated-5000-a-year-on-gasoline/) - A woman rides an electric bike past a gas station as current gasoline prices continues to climb close to record setting territory in Encinitas, California, May 9, 2022.Mike Blake | ReutersU.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research.In March, the
- [The Federal Reserve's fight with inflation could cool the hot labor market, risking stagflation](https://signal2forex.com/2022/05/02/the-federal-reserves-fight-with-inflation-could-cool-the-hot-labor-market-risking-stagflation/) - The Federal Reserve is hiking interest rates in an effort to defuse an explosive year of price inflation. But global forces could neutralize the effects of that tightening of monetary policy, and keep inflation high.Some observers believe the U.S. government may have misread the looming threat of inflation. During the pandemic, Uncle Sam dispersed historic
- [From Estee Lauder to Apple, big companies say China's Covid restrictions are hitting business](https://signal2forex.com/2022/05/05/from-estee-lauder-to-apple-big-companies-say-chinas-covid-restrictions-are-hitting-business/) - Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is an auto parts manufacturer in Suzhou that has had 478 employees on site since April 16.CFOTO | Future Publishing | Getty ImagesBEIJING — Several international corporations warned in the last week the drag from China's Covid controls
- [Stock futures are little changed ahead of key inflation reading](https://signal2forex.com/2022/05/11/stock-futures-are-little-changed-ahead-of-key-inflation-reading/) - Stock futures were little changed in overnight trading Tuesday ahead of a key inflation reading.Futures on the Dow Jones Industrial Average shed about 15 points. S&P 500 futures were marginally lower and Nasdaq 100 futures were near flat.The moves come after the Dow fell for a fourth consecutive day Tuesday in a volatile trading session
- [Fears of a Fed mistake grow as this week's anticipated interest rate hike looms](https://signal2forex.com/2022/05/02/fears-of-a-fed-mistake-grow-as-this-weeks-anticipated-interest-rate-hike-looms/) - Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022.Yasin Ozturk | Anadolu Agency | Getty ImagesThe Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so much that it tips into recession.Financial
- [Warren Buffett rips Wall Street for turning the stock market into ‘a gambling parlor'](https://signal2forex.com/2022/04/30/warren-buffett-rips-wall-street-for-turning-the-stock-market-into-a-gambling-parlor/) - Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a "gambling parlor."Buffett, 91, spoke at length during his annual shareholder meeting Saturday about one of his favorite targets for criticism: investment banks and brokerages."Wall Street makes money, one way or another, catching the crumbs
- [Fed's Waller sees likelihood of multiple half-point interest rate hikes ahead](https://signal2forex.com/2022/04/14/feds-waller-sees-likelihood-of-multiple-half-point-interest-rate-hikes-ahead/) - Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve board member Christopher Waller said Wednesday.That means the central bank likely will hike short-term rates by half a percentage point, or 50 basis points, at its meeting in
- [Stocks making the biggest moves midday: General Electric, Warner Bros. Discovery, UPS, 3M and more](https://signal2forex.com/2022/04/26/stocks-making-the-biggest-moves-midday-general-electric-warner-bros-discovery-ups-3m-and-more/) - A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019.Aly Song | ReutersCheck out the companies making headlines in midday trading.General Electric — Shares slid more than 11% despite the industrial company reporting top and bottom line beats for the first quarter. CEO Lawrence
- [Fed's Daly says the economy can handle rate hikes, but a mild recession is possible](https://signal2forex.com/2022/04/20/feds-daly-says-the-economy-can-handle-rate-hikes-but-a-mild-recession-is-possible/) - Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, November 12 2018.Ann Saphir | ReutersSan Francisco Federal Reserve President Mary Daly acknowledged Wednesday that a near-certain series of interest rate hikes over the coming months could tip the economy
- [Nasdaq futures rise as market attempts comeback from April sell-off, Meta shares soar](https://signal2forex.com/2022/04/28/nasdaq-futures-rise-as-market-attempts-comeback-from-april-sell-off-meta-shares-soar/) - Stock futures rose in overnight trading as the market shook off the April sell-off and investors reacted positively to earnings from Meta Platforms.Futures on the Dow Jones Industrial Average added 70 points or 0.2%. S&P 500 futures gained 0.7% and Nasdaq 100 futures jumped 1.2%.The moves came as shares of Meta surged more than 18%
- [Weekly jobless claims total 184,000, just above expectations in tight labor market](https://signal2forex.com/2022/04/21/weekly-jobless-claims-total-184000-just-above-expectations-in-tight-labor-market/) - Initial jobless claims last week were a bit higher than expected but still reflective of a labor market where employers are loathe to fire workers.First-time claims for benefits in the week ended April 16 totaled 184,000, a decline of 2,000 from the previous week but just ahead of the Dow Jones estimate for 182,000, the
- [Watch Fed Chairman Jerome Powell speak live at IMF debate](https://signal2forex.com/2022/04/21/watch-fed-chairman-jerome-powell-speak-live-at-imf-debate/) - [The stream is slated to start at 1 p.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chairman Jerome Powell speaks Thursday on a panel presented by the International Monetary Fund. CNBC's Sara Eisen will moderate the talk.The event is part of the IMF's Debate on
- [Powell says taming inflation 'absolutely essential,' and a 50 basis point hike possible for May](https://signal2forex.com/2022/04/22/powell-says-taming-inflation-absolutely-essential-and-a-50-basis-point-hike-possible-for-may/) - Federal Reserve Chairman Jerome Powell affirmed the central bank's determination to bring down inflation and said Thursday that aggressive rate hikes are possible as soon as next month."It is appropriate in my view to be moving a little more quickly" to raise interest rates, Powell said while part of an International Monetary Fund panel moderated
- [Fed's Mester casts doubt on the need for 'shock' interest rate hikes ahead](https://signal2forex.com/2022/04/22/feds-mester-casts-doubt-on-the-need-for-shock-interest-rate-hikes-ahead/) - Cleveland Federal Reserve President Loretta Mester said Friday she's in favor of raising interest rates quickly to bring down inflation, but not so quickly as to disrupt the economic recovery.That means a strong likelihood of backing a 50 basis point rate hike at the next Fed meeting and perhaps a few more after, but not
- [Many factory workers in Shanghai can't get back to work, even after Covid controls ease](https://signal2forex.com/2022/04/22/many-factory-workers-in-shanghai-cant-get-back-to-work-even-after-covid-controls-ease/) - BEIJING — Foreign businesses are struggling to bring workers back to factories after weeks of lockdowns in Shanghai, as the country battles its worst Covid outbreak since the pandemic began.Nearly a month since Covid restrictions began in earnest in Shanghai, U.S. and European businesses say that less than half of their employees are able to
- [Retail sales rose 0.5% in March amid inflation jump; import prices hit 11-year high](https://signal2forex.com/2022/04/14/retail-sales-rose-0-5-in-march-amid-inflation-jump-import-prices-hit-11-year-high/) - Customers pushing shopping carts shop at a supermarket on April 12, 2022 in San Mateo County, California.Liu Guanguan | China News Service | Getty ImagesConsumers continued to spend in March even as inflation rose to its highest level since late 1981, according to government data released Thursday.Retail sales climbed 0.5% from the previous month, slightly
- [Homebuilder sentiment drops for fourth straight month, as rising rates push housing to 'an inflection point'](https://signal2forex.com/2022/04/19/homebuilder-sentiment-drops-for-fourth-straight-month-as-rising-rates-push-housing-to-an-inflection-point/) - A contractor uses a hammer while working on townhouse under construction at the PulteGroup Metro housing development in Milpitas, California.David Paul Morris | Bloomberg | Getty ImagesSharply rising mortgage rates are taking their toll on the nation's homebuilders, as already pricey new construction becomes even less affordable. Builder confidence in the market for new single-family homes
- [March's runaway energy prices and higher food costs could mean hottest consumer inflation since 1981](https://signal2forex.com/2022/04/12/marchs-runaway-energy-prices-and-higher-food-costs-could-mean-hottest-consumer-inflation-since-1981/) - A customer selects food from a freezer at a supermarket on January 12, 2022 in New York City.Liao Pan | China News Service | Getty ImagesConsumer price inflation in March is expected to have spiked the most since December 1981, driven by higher food costs, rising rents and runaway energy prices.The consumer price index will
- [Market will break out of slump due to peaking inflation, Evercore ISI predicts](https://signal2forex.com/2022/04/19/market-will-break-out-of-slump-due-to-peaking-inflation-evercore-isi-predicts/) - The market slump may be in its final innings.According to Evercore ISI's Julian Emanuel, stocks should start grinding higher due to peaking inflation. He cites a positive trend going back to the last time stocks and bonds fell together: 1994. "The market just sort of digested it, and there was a lot of sideways chop,"
- [Consumer prices rose 8.5% in March, slightly hotter than expected and the highest since 1981](https://signal2forex.com/2022/04/12/consumer-prices-rose-8-5-in-march-slightly-hotter-than-expected-and-the-highest-since-1981/) - Prices that consumers pay for everyday items surged in March to their highest levels since the early days of the Reagan administration, according to Labor Department data released Tuesday.The consumer price index, which measures a wide-ranging basket of goods and services, jumped 8.5% from a year ago on an unadjusted basis, above even the already
- [White House says it expects inflation to be 'extraordinarily elevated' in new report](https://signal2forex.com/2022/04/12/white-house-says-it-expects-inflation-to-be-extraordinarily-elevated-in-new-report/) - White House press secretary Jen Psaki answers questions during the daily briefing on March 09, 2022 in Washington, DC. Psaki answered a range of questions related primarily to Russia's invasion of Ukraine.Win Mcnamee | Getty ImagesWASHINGTON — The Biden administration is bracing for Tuesday's key consumer inflation report to show that the prices Americans pay
- [Stock futures inch higher ahead of big inflation report](https://signal2forex.com/2022/04/12/stock-futures-inch-higher-ahead-of-big-inflation-report/) - U.S. stock futures inched higher in overnight trading as investors braced for a key inflation report Tuesday.Futures on the Dow Jones Industrial Average gained 40 points or 0.1%, while S&P 500 futures and Nasdaq 100 futures rose marginally higher.The overnight moves come as investors await the release of March's highly anticipated consumer price index on
- [Stocks making the biggest moves midday: Robinhood, EPAM Systems, Kroger and more](https://signal2forex.com/2022/04/08/stocks-making-the-biggest-moves-midday-robinhood-epam-systems-kroger-and-more/) - Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business.KrogerCheck out the companies making headlines in midday trading Friday.Robinhood — Shares of the trading app dropped more than 7% after Goldman Sacks downgraded the stock to sell from neutral. The Wall Street firm cited softening retail engagement
- [Here's how the Fed raising interest rates can help get inflation lower, and why it could fail](https://signal2forex.com/2022/04/09/heres-how-the-fed-raising-interest-rates-can-help-get-inflation-lower-and-why-it-could-fail/) - A customer shops at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.Joe Raedle | Getty ImagesThe view that higher interest rates help stamp out inflation is essentially an article
- [Fed officials plan to shrink the balance sheet by $95 billion a month, meeting minutes indicate](https://signal2forex.com/2022/04/06/fed-officials-plan-to-shrink-the-balance-sheet-by-95-billion-a-month-meeting-minutes-indicate/) - Federal Reserve officials discussed how they want to reduce their trillions in bond holdings at the March meeting, with a consensus around $95 billion, minutes released Wednesday showed.Officials "generally agreed" that a maximum of $60 billion in Treasurys and $35 billion in mortgage-backed securities would be allowed to roll off, phased in over three months
- [Stock futures rise slightly following two-day Fed sell-off](https://signal2forex.com/2022/04/07/stock-futures-rise-slightly-following-two-day-fed-sell-off/) - Stock futures rose Thursday as the market tried to recover from back-to-back losing sessions, while traders digested the Federal Reserve's plans to tighten monetary policy.Futures on the Dow Jones Industrial Average rose 39 points, or 0.1%. S&P 500 futures climbed 0.63%, and Nasdaq 100 futures advanced 0.6%.Shares of HP Inc surged 15% in the premarket
- [81% of U.S. adults are worried about a recession hitting this year, survey finds](https://signal2forex.com/2022/04/06/81-of-u-s-adults-are-worried-about-a-recession-hitting-this-year-survey-finds/) - After two years of the coronavirus pandemic, a recession and a rapid recovery, Americans are worried that the economy may swiftly decline once again.Some 81% of adults said they think the U.S. economy is likely to experience a recession in 2022, according to the CNBC + Acorns Invest in You survey, conducted by Momentive. The
- [Dimon says confluence of inflation, Ukraine war may 'dramatically increase risks ahead' for U.S.](https://signal2forex.com/2022/04/04/dimon-says-confluence-of-inflation-ukraine-war-may-dramatically-increase-risks-ahead-for-u-s/) - Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019.Carlo Allegri | ReutersJamie Dimon, CEO and chairman of the biggest U.S. bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter.Three forces are likely to shape
- [Fed's Brainard sees balance sheet reduction soon and 'at a rapid pace'](https://signal2forex.com/2022/04/06/feds-brainard-sees-balance-sheet-reduction-soon-and-at-a-rapid-pace/) - Lael Brainard, Federal Reserve governor and President Bidens nominee to be the new vice-chair of the Federal Reserve, speaks during her nomination hearing with the Senate Banking Committee on Capitol Hill January 13, 2022 in Washington, DC.Drew Angerer | Getty ImagesFederal Reserve Governor Lael Brainard, who normally favors loose policy and low rates, said Tuesday
- [Stocks making the biggest moves in the premarket: Carvana, First Solar, Generac and more](https://signal2forex.com/2022/04/05/stocks-making-the-biggest-moves-in-the-premarket-carvana-first-solar-generac-and-more/) - Take a look at some of the biggest movers in the premarket:Carvana (CVNA) – Carvana was downgraded to "sector perform" from "outperform" at RBC Capital Markets, with the price target for the online car seller's stock cut to $138 per share from $155 per share. RBC bases its call both on valuation and potential difficulty
- [Economy added 431,000 jobs in March despite worries over slowing growth](https://signal2forex.com/2022/04/01/economy-added-431000-jobs-in-march-despite-worries-over-slowing-growth/) - Amid soaring inflation and worries about a looming recession, the U.S. economy added slightly fewer jobs than expected in March as the labor market grew increasingly tighter.Nonfarm payrolls expanded by 431,000 for the month, while the unemployment rate was 3.6%, the Bureau of Labor Statistics reported Friday. Economists surveyed by Dow Jones had been looking
- [Stock futures are flat after S&P 500 notches third straight week of gains](https://signal2forex.com/2022/04/04/stock-futures-are-flat-after-sp-500-notches-third-straight-week-of-gains/) - Traders on the floor of the NYSE, March 25, 2022.Source: NYSEU.S. stock index futures were flat during overnight trading Sunday, after the S&P 500 posted a third straight week of gains.Futures contracts tied to the Dow Jones Industrial Average slid 14 points. S&P 500 futures were flat, while Nasdaq 100 futures declined 0.14%.Stocks advanced on
- [As Wall Street banks embrace crypto, high-flying start-ups look to lure top finance talent](https://signal2forex.com/2022/04/02/as-wall-street-banks-embrace-crypto-high-flying-start-ups-look-to-lure-top-finance-talent/) - Wall Street has been beefing up hiring for digital asset teams. But some employees are walking away from name-brand institutions in search of more risk, and potentially, more reward.JPMorgan Chase, Morgan Stanley and Goldman Sachs are among the firms with dedicated groups for cryptocurrency and its underlying blockchain technology. JPMorgan has one of the largest
- [Pending home sales sink in February, setting a grim tone as housing market enters key spring season](https://signal2forex.com/2022/03/25/pending-home-sales-sink-in-february-setting-a-grim-tone-as-housing-market-enters-key-spring-season/) - A home with a sign indicating that it is under contract to be sold is seen in a neighborhood of downtown Washington.Jim Bourg | ReutersIn a grim sign for the housing market's busiest season, pending home sales, which measure signed contracts on existing homes, fell 4.1% in February compared with January, according to the National Association
- [As the pandemic enters its 3rd year, more Chinese people say they'd rather save than spend](https://signal2forex.com/2022/03/31/as-the-pandemic-enters-its-3rd-year-more-chinese-people-say-theyd-rather-save-than-spend/) - While mainland China faced its worst wave of Covid-19 since the initial shock of the pandemic, a central bank survey found more Chinese wanted to save money than spend or invest it.Costfoto | Future Publishing | Getty ImagesBEIJING — Chinese consumers are becoming more cautious than they were near the start of the pandemic, according
- [Mortgage rate soars closer to 5% in its second huge jump this week](https://signal2forex.com/2022/03/25/mortgage-rate-soars-closer-to-5-in-its-second-huge-jump-this-week/) - The rate for the most common kind of mortgage just surged again.The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily. It is now 164 basis points higher than it was one year ago."That's the second time this week, and it puts
- [The second Cold War is already beginning, experts say, and many of the battles are being fought with economic weapons](https://signal2forex.com/2022/03/25/the-second-cold-war-is-already-beginning-experts-say-and-many-of-the-battles-are-being-fought-with-economic-weapons/) - Just 60 years ago, the U.S. and the Soviet Union were at the height of a Cold War that nearly resulted in nuclear warfare. Today, experts say, the U.S. and its old foe, now Russia, are headed into another one. But it won't be the same."I think the second Cold War has already started," said
- [Stock futures are steady as investors juggle Fed comments and policy](https://signal2forex.com/2022/03/23/stock-futures-are-steady-as-investors-juggle-fed-comments-and-policy/) - Traders on the floor of the NYSE, March 17, 2022.Brendan McDermid | ReutersU.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates. Dow futures fell just 11 points. S&P 500 futures dropped 0.03% and Nasdaq 100 futures fell 0.05%.On
- [Powell says 'inflation is much too high' and the Fed will take 'necessary steps' to address](https://signal2forex.com/2022/03/22/powell-says-inflation-is-much-too-high-and-the-fed-will-take-necessary-steps-to-address/) - Federal Reserve Board Chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill November 30, 2021 in Washington, DC.Alex Wong | Getty Images News | Getty ImagesFederal Reserve Chairman Jerome Powell on Monday vowed tough action on inflation, which he said jeopardizes an otherwise strong economic recovery."The
- [Mortgage rates are surging faster than expected, prompting economists to lower their home sales forecasts](https://signal2forex.com/2022/03/23/mortgage-rates-are-surging-faster-than-expected-prompting-economists-to-lower-their-home-sales-forecasts/) - A home is offered for sale on January 20, 2022 in Chicago, Illinois.Scott Olson | Getty ImagesThe average rate on the popular 30-year fixed mortgage hit 4.72% on Tuesday, moving 26 basis points higher since just Friday, according to Mortgage News Daily.As a result of the recent spike in rates, economists are now lowering their
- [China Boeing 737 plane crash: No reports yet of bodies or survivors](https://signal2forex.com/2022/03/22/china-boeing-737-plane-crash-no-reports-yet-of-bodies-or-survivors/) - BEIJING — No bodies or survivors have yet been found from the China Eastern Airlines crash as of Tuesday morning, Chinese state media said.The domestic flight on a Boeing 737-800, which was carrying 132 people, nosedived Monday afternoon in the southern region of Guangxi, China's aviation authority confirmed.The cause of the crash remains unknown, and
- [Deutsche Bank reverses course on Russia, says it is unwinding business there after Ukraine invasion](https://signal2forex.com/2022/03/12/deutsche-bank-reverses-course-on-russia-says-it-is-unwinding-business-there-after-ukraine-invasion/) - A Deutsche Bank AG flag flies outside the company's office on Wall Street in New York.Mark Kauzlarich | Bloomberg | Getty ImagesDeutsche Bank said Friday that it was winding down its operations in Russia, one day after its chief financial officer said it wasn't "practical" to shutter the unit. "Like some international peers and in line
- [Goldman Sachs, Galaxy Digital announce milestone over-the-counter crypto trade](https://signal2forex.com/2022/03/21/goldman-sachs-galaxy-digital-announce-milestone-over-the-counter-crypto-trade/) - A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010.Daniel Acker | Bloomberg | Getty ImagesGoldman Sachs is pushing further into the nascent market for derivatives tied to digital assets.The firm is the first major U.S. bank to trade crypto
- [Federal Reserve expected to raise interest rates in week ahead, as Ukraine crisis adds volatility](https://signal2forex.com/2022/03/12/federal-reserve-expected-to-raise-interest-rates-in-week-ahead-as-ukraine-crisis-adds-volatility/) - A trader on the NYSE, March 11, 2022.Source: NYSEInvestors may take the Federal Reserve's first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues to hang over markets.The Fed has clearly broadcast that it intends to raise its target fed funds rate by a quarter percentage point from zero, and it
- [Inflation rose 7.9% in February, as food and energy costs push prices to highest in more than 40 years](https://signal2forex.com/2022/03/10/inflation-rose-7-9-in-february-as-food-and-energy-costs-push-prices-to-highest-in-more-than-40-years/) - Inflation grew worse in February amid the escalating crisis in Ukraine and price pressures that became more entrenched.The consumer price index, which measures a wide-ranging basket of goods and services, increased 7.9% over the past 12 months, a fresh 40-year high for the closely followed gauge, according to the Labor Department's Bureau of Labor Statistics.The
- [Brief drop in mortgage rates sparks mini refinance boom](https://signal2forex.com/2022/03/10/brief-drop-in-mortgage-rates-sparks-mini-refinance-boom/) - A single family home is shown for sale in Encinitas, California.Mike Blake | ReutersAfter rising steadily for months, mortgage rates made a U-turn last week, and borrowers jumped to take advantage. The crisis in Ukraine rattled financial markets and caused a run on the relatively safer bond market. Yields fell and mortgage rates followed.The average
- [Stock futures are little changed after S&P 500's best one-day rally since 2020](https://signal2forex.com/2022/03/10/stock-futures-are-little-changed-after-sp-500s-best-one-day-rally-since-2020/) - Traders on the floor of the NYSE, Feb. 28, 2022.Source: NYSEStock futures were little changed in overnight trading Wednesday after the major indexes posted sharp gains as commodity prices cooled.Futures on the Dow Jones Industrial Average dipped about 20 points. S&P 500 futures were near flat and Nasdaq 100 futures were marginally higher.Amazon shares jumped
- [Stock futures dip after the S&P 500's worst day since October 2020 amid Russia-Ukraine war](https://signal2forex.com/2022/03/08/stock-futures-dip-after-the-sp-500s-worst-day-since-october-2020-amid-russia-ukraine-war/) - Stock futures fell slightly in overnight trading Monday following the S&P 500's worst day since October, as investors remained on edge about surging oil prices and slowing economic growth amid Russia's invasion of Ukraine.Futures on the Dow Jones Industrial Average dipped 100 points. S&P 500 futures traded 0.3% lower and Nasdaq 100 futures fell 0.4%.The
- [American businesses in China say U.S.-China relations are back to Trump era tensions](https://signal2forex.com/2022/03/08/american-businesses-in-china-say-u-s-china-relations-are-back-to-trump-era-tensions/) - BEIJING — American businesses in China no longer expect relations between the two countries to improve from the tensions of the Trump administration, according to a business association survey.After President Joe Biden was elected in late 2020, there was a spike in optimism among businesses, with 45% of respondents expecting better U.S.-China relations, the American
- [February jobs rose a surprisingly strong 678,000, unemployment edged lower while wages were flat](https://signal2forex.com/2022/03/04/february-jobs-rose-a-surprisingly-strong-678000-unemployment-edged-lower-while-wages-were-flat/) - Job growth accelerated in February, posting the biggest monthly gain since July as the employment picture got closer to its pre-pandemic self.Nonfarm payrolls for the month grew by 678,000 and the unemployment rate was 3.8%, the Labor Department's Bureau of Labor Statistics reported Friday.That compared with estimates of 440,000 for payrolls and 3.9% for the
- [February jobs report expected to show strong labor market continuing with solid wage gains](https://signal2forex.com/2022/03/04/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 ImagesThe economy was likely to have added jobs at a healthy pace in February and wages gains were strong.The February employment report, released at 8:30 a.m. Friday, is the final monthly
- [Stock futures rise as oil prices continue jumping amid ongoing conflict in Ukraine](https://signal2forex.com/2022/03/02/stock-futures-rise-as-oil-prices-continue-jumping-amid-ongoing-conflict-in-ukraine/) - Traders on the floor of the NYSE, Feb. 28, 2022.Source: NYSEStock futures inched higher on Tuesday night as oil prices continued to surge amid the ongoing conflict between Russia and Ukraine.Futures tied to the Dow Jones Industrial Average rose 123 points, or 0.37%. S&P 500 and Nasdaq 100 futures also added 0.25% and 0.22%, respectively.Earnings
- [Stocks making the biggest moves midday: Foot Locker, Etsy, Block, Carvana, Dish Network and more](https://signal2forex.com/2022/02/25/stocks-making-the-biggest-moves-midday-foot-locker-etsy-block-carvana-dish-network-and-more/) - Etsy displayed on the Nasdaq billboard in Times Square New York.Paul Zimmerman | Nasdaq | Getty ImagesCheck out the companies making headlines in midday trading.Etsy — Shares of the e-commerce shopping platform rallied more than 13% in midday trading after reporting better-than-expected results for the fourth quarter. Revenue also topped estimates. Etsy also got an
- [Ukraine government raises over $10 million in cryptocurrency donations](https://signal2forex.com/2022/02/27/ukraine-government-raises-over-10-million-in-cryptocurrency-donations/) - Ukraine's President Volodymyr Zelenskyy holds a press conference on Russia's military operation in Ukraine, on Feb. 25, 2022 in Kyiv.Anadolu Agency | Getty ImagesUkraine's government has raised more than $10 million in cryptocurrency donations, turning to an unlikely crowdfunding method to help it get through a brutal invasion from Russia.The official Twitter account of the
- [The market has adjusted its views of how the Federal Reserve will raise interest rates](https://signal2forex.com/2022/02/23/the-market-has-adjusted-its-views-of-how-the-federal-reserve-will-raise-interest-rates/) - The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022.Joshua Roberts | ReutersThe Federal Reserve is expected to start raising interest rates next month and not slow down until well into 2023,
- [U.S. is the ultimate safe haven for your money during Russia's war on Ukraine, Blackstone's Joe Zidle says](https://signal2forex.com/2022/02/25/u-s-is-the-ultimate-safe-haven-for-your-money-during-russias-war-on-ukraine-blackstones-joe-zidle-says/) - The world's leading private equity firm suggests the U.S. the ultimate safe haven play.According to Blackstone's Joseph Zidle, it's largely insulated from the Russia-Ukraine war fallout."The U.S. is an island of growth," the firm's chief investment strategist told CNBC's "Fast Money" on Thursday. "The U.S. is one of the only major economies in the world
- [The Fed is going to hike rates regardless if Biden's nominees are confirmed, economists say](https://signal2forex.com/2022/02/19/the-fed-is-going-to-hike-rates-regardless-if-bidens-nominees-are-confirmed-economists-say/) - Federal Reserve Chairman Jerome Powell leaves a meeting in the office of Sen. Chris Van Hollen, D-Md., in Hart Building on Wednesday, October 6, 2021.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesThere may be plenty of reasons to confirm President Joe Biden's nominees to the Federal Reserve, but economists say concern that the central
- [Stock futures inch higher after S&P 500 closes in correction](https://signal2forex.com/2022/02/23/stock-futures-inch-higher-after-sp-500-closes-in-correction/) - U.S. stock market futures were modestly higher in overnight trading Tuesday after the S&P 500 closed in correction territory amid escalating tensions between Russia and Ukraine.Futures contracts tied to the Dow Jones Industrial Average advanced 85 points. S&P 500 futures gained 0.35%, while Nasdaq 100 futures rose 0.5%.During regular trading the Dow fell 483 points,
- [Fed approves rules banning its officials from trading stocks, bonds and also cryptocurrencies](https://signal2forex.com/2022/02/19/fed-approves-rules-banning-its-officials-from-trading-stocks-bonds-and-also-cryptocurrencies/) - Federal Reserve officials won't be able to trade a slew of assets including stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday.Following up on regulations announced in October, the policymaking Federal Open Market Committee announced that most of the restrictions will take effect May 1.The rules will cover
- [Vote on Biden Fed picks delayed as GOP presses for answers on Raskin's ties to firm](https://signal2forex.com/2022/02/16/vote-on-biden-fed-picks-delayed-as-gop-presses-for-answers-on-raskins-ties-to-firm/) - Chairman Sherrod Brown (D-OH) questions Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, September 28, 2021.Kevin Dietsch | Pool | ReutersA Republican boycott Tuesday held up a Senate committee vote on
- [Some U.S.-listed Chinese stocks will need Beijing's approval to stay public in other overseas markets](https://signal2forex.com/2022/02/19/some-u-s-listed-chinese-stocks-will-need-beijings-approval-to-stay-public-in-other-overseas-markets/) - An investor sits in front of a board showing stock information at a brokerage office in Beijing, China.Thomas Peter | ReutersBEIJING — If U.S. regulation forces Chinese companies to delist from New York, new rules from Beijing further complicates their path to raising money in public markets abroad.Since Tuesday, new rules from the Cyberspace Administration
- [Stock futures inch lower after major averages snap 3-day losing streak](https://signal2forex.com/2022/02/16/stock-futures-inch-lower-after-major-averages-snap-3-day-losing-streak/) - U.S. stock index futures were slightly lower during overnight trading Tuesday, after registering gains on the session amid signs of tensions easing between Russia and Ukraine.Futures contracts tied to the Dow Jones Industrial Average shed 39 points. S&P 500 futures were down 0.16%, while Nasdaq 100 futures dipped 0.2%.The major averages advanced during regular trading,
- [Stocks making the biggest moves midday: Under Armour, Zillow, Affirm and more](https://signal2forex.com/2022/02/12/stocks-making-the-biggest-moves-midday-under-armour-zillow-affirm-and-more/) - An Under Armour shoe is seen inside of a store on November 03, 2021 in Houston, Texas.Brandon Bell | Getty ImagesCheck out the companies making headlines in midday trading.Under Armour — The sports equipment company's shares dropped 12.5% as lingering supply chain constraints clouded the firm's outlook and overshadowed its recent performance. The company also
- [The Fed is still likely to take a measured approach to rate hikes despite calls for bigger action](https://signal2forex.com/2022/02/11/the-fed-is-still-likely-to-take-a-measured-approach-to-rate-hikes-despite-calls-for-bigger-action/) - The Federal Reserve building in Washington, January 26, 2022.Joshua Roberts | ReutersSeveral Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed President Jim Bullard on Thursday for super-sized rate hikes, and instead suggesting the central bank is likely to embark initially on a more measured path.The comments of
- [Consumer debt totals $15.6 trillion in 2021, a record-breaking increase](https://signal2forex.com/2022/02/08/consumer-debt-totals-15-6-trillion-in-2021-a-record-breaking-increase/) - Consumers ended 2021 with record levels of debt, leading into a year in which interest rates are expected to rise substantially.Total U.S. consumer debt at the end of the year came to $15.6 trillion, a year-over-year jump of $333 billion during the fourth quarter and just over $1 trillion for the full year, according to
- [Stock futures muted after S&P, Nasdaq fall to start the week](https://signal2forex.com/2022/02/08/stock-futures-muted-after-sp-nasdaq-fall-to-start-the-week/) - U.S. stock index futures were muted in early morning trading Tuesday, after the major averages moved between gains and losses during regular trading as the market awaits key inflation data later this week.Futures contracts tied to the Dow Jones Industrial Average were flat. S&P 500 futures shed 0.04%, while Nasdaq 100 futures were down 0.02%.During
- [Sequoia makes a big bet on Web3, leading $450 million investment in Polygon blockchain](https://signal2forex.com/2022/02/07/sequoia-makes-a-big-bet-on-web3-leading-450-million-investment-in-polygon-blockchain/) - The logo of cryptocurrency network Polygon.Jakub Porzycki | NurPhoto via Getty ImagesSequoia Capital is playing catchup with arch-rival Andreessen Horowitz in the race to invest in what could be the future of the internet — so-called Web3.The Silicon Valley venture capital firm led a $450 million investment in Polygon, a blockchain network.Blockchains are the distributed
- [Stock futures are flat after S&P 500 posts best week of the year](https://signal2forex.com/2022/02/07/stock-futures-are-flat-after-sp-500-posts-best-week-of-the-year/) - U.S. stock index futures were little changed during overnight trading Sunday after the S&P posted its best week of 2022, boosted by quarterly earnings reports and a better-than-expected January employment report.Futures contracts tied to the Dow Jones Industrial Average advanced 0.08%. S&P 500 futures added 0.11%, while Nasdaq 100 futures were up 0.1%.The S&P and
- [Stocks making the biggest moves midday: Amazon, Snap, Ford, Clorox and more](https://signal2forex.com/2022/02/05/stocks-making-the-biggest-moves-midday-amazon-snap-ford-clorox-and-more/) - The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France.Pascal Rossignol | ReutersCheck out the companies making headlines in midday trading.Amazon — Shares of Amazon popped 13.5% following a stellar quarterly report. The company said its investment in electric vehicle company Rivian gained almost $12 billion in the fourth quarter. Amazon Web
- [Long-term unemployment tumbles in January](https://signal2forex.com/2022/02/04/long-term-unemployment-tumbles-in-january/) - A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021.Eva Marie Uzcategui/Bloomberg via Getty ImagesLong-term unemployment fell significantly in January, continuing a downward trajectory from its pandemic-era peak after having plateaued in recent months.The number of Americans out of work for at least six months declined by
- [U.S. stock futures rally after earnings reports from Amazon and Snapchat](https://signal2forex.com/2022/02/04/u-s-stock-futures-rally-after-earnings-reports-from-amazon-and-snapchat/) - A trader works on the floor of the New York Stock Exchange.NYSEStock futures rose in early morning trading Friday as investors digested a slew of corporate earnings reports after the Nasdaq Composite posted its worst day in more than a year.Futures on the Dow Jones Industrial Average gained 205 points, or 0.59%. S&P 500 futures
- [Companies unexpectedly cut 301,000 jobs in January as omicron slams labor market, ADP says](https://signal2forex.com/2022/02/02/companies-unexpectedly-cut-301000-jobs-in-january-as-omicron-slams-labor-market-adp-says/) - Companies cut jobs in January for the first time in more than a year as the spread of the Covid omicron variant appeared to hit hiring, payroll processing firm ADP reported Wednesday.Private payrolls fell by 301,000 for the month, well below the Dow Jones estimate for growth of 200,000 and a marked plunge from the
- [After a huge year for growth, the U.S. economy is about to slam into a wall](https://signal2forex.com/2022/02/02/after-a-huge-year-for-growth-the-u-s-economy-is-about-to-slam-into-a-wall/) - Free food is handed out by the Brooklyn community organization PASWO during a weekly food distribution on December 08, 2021 in New York City.Spencer Platt | Getty ImagesSpurred by a massive inventory rebuild and consumers flush with cash, the U.S. economy last year grew at its fastest pace since 1984.Don't expect a repeat performance in
- [Republicans grill Fed nominee Raskin over past views on climate and big energy companies](https://signal2forex.com/2022/02/03/republicans-grill-fed-nominee-raskin-over-past-views-on-climate-and-big-energy-companies/) - Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022.Ken Cedeno | ReutersSenate Republicans on Thursday peppered the nominee to be the Federal
- [GDP grew at a 6.9% pace to close out 2021, stronger than expected despite omicron spread](https://signal2forex.com/2022/01/28/gdp-grew-at-a-6-9-pace-to-close-out-2021-stronger-than-expected-despite-omicron-spread/) - The U.S. economy grew at a much better-than-expected pace to end 2021 from sizeable boosts in inventories and consumer spending, and despite signs that the acceleration likely tailed off toward the end of the year.Gross domestic product, the sum of all goods and services produced during the October-through-December period, increased at a 6.9% annualized pace,
- [Key Fed inflation gauge rises 4.9% from a year ago, fastest gain since 1983](https://signal2forex.com/2022/01/28/key-fed-inflation-gauge-rises-4-9-from-a-year-ago-fastest-gain-since-1983/) - A gauge the Federal Reserve prefers to measure inflation rose 4.9% from a year ago, the biggest gain going back to September 1983, the Commerce Department reported Friday.The core personal consumption expenditures price index excluding food and energy was slightly more than the 4.8% Dow Jones estimate and ahead of the 4.7% pace in November.
- [Stock futures rise as market set to wrap up a wild week, Apple shares pop](https://signal2forex.com/2022/01/28/stock-futures-rise-as-market-set-to-wrap-up-a-wild-week-apple-shares-pop/) - Stock futures rose early Friday, boosted by a jump in Apple shares, as Wall Street looks to wrap up a roller-coaster week on a high note.Futures on the Dow Jones Industrial Average gained about 162 points, or 0.48%. S&P 500 futures climbed 0.51% and Nasdaq 100 futures jumped about 1%.Shares of Apple popped nearly 5% in
- [Nasdaq futures drop as Facebook leads tech shares lower](https://signal2forex.com/2022/02/03/nasdaq-futures-drop-as-facebook-leads-tech-shares-lower/) - U.S. stock futures fell Wednesday night, as traders pored through the latest batch of corporate earnings, which included disappointing numbers from tech giant Meta Platforms.Futures tied to the Nasdaq 100 dropped 2.3%, and S&P 500 futures slid 1%. Dow Jones Industrial Average futures slid 35 points, or 0.1%.Shares of Facebook-parent Meta Platforms plunged more than
- [Stocks making the biggest moves premarket: McDonald's, Blackstone, Netflix and others](https://signal2forex.com/2022/01/27/stocks-making-the-biggest-moves-premarket-mcdonalds-blackstone-netflix-and-others/) - Check out the companies making headlines before the bell:Comcast (CMCSA) – The NBCUniversal and CNBC parent earned an adjusted 77 cents per share for the fourth quarter, 4 cents above estimates, with revenue also above analyst forecasts. Comcast also announced an 8% dividend hike and increased its share buyback program to $10 billion. Comcast rose
- [Federal Reserve points to interest rate hike coming in March](https://signal2forex.com/2022/01/27/federal-reserve-points-to-interest-rate-hike-coming-in-march/) - Facing both turbulent financial markets and raging inflation, the Federal Reserve on Wednesday indicated it could soon raise interest rates for the first time in more than three years as part of a broader tightening of historically easy monetary policy.In a move that came as little surprise, the Fed's policymaking group said a quarter-percentage point
- [Stock futures rise as investors assess Fed update](https://signal2forex.com/2022/01/27/stock-futures-rise-as-investors-assess-fed-update/) - Stock futures rose on Wednesday night after the Dow Jones Industrial Average and S&P 500 turned lower following a Federal Reserve update by chair Jerome Powell, at the conclusion of its two-day meeting.Futures tied to the Dow rose 128 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures gained 0.5% and 0.8%, respectively.Some tech
- [Inflation surge could push the Fed into more than four rate hikes this year, Goldman Sachs says](https://signal2forex.com/2022/01/23/inflation-surge-could-push-the-fed-into-more-than-four-rate-hikes-this-year-goldman-sachs-says/) - U.S. Federal Reserve Board Chairman Jerome Powell attends his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022.Graeme Jennings | ReutersAccelerating inflation could cause the Federal Reserve to get even more aggressive than economists expect in the way it raises interest rates this year,
- [Empty grocery shelves return as sick employees, supply chain delays collide](https://signal2forex.com/2022/01/12/empty-grocery-shelves-return-as-sick-employees-supply-chain-delays-collide/) - Bread aisle shelves at a Target are seen nearly empty as the U.S. continues to experience supply chain disruptions in Washington, U.S., January 9, 2022.Sarah Silbiger | ReutersEmpty shelves have returned at supermarkets as grocery employees call out sick and truckloads of food arrive late.That's one of the latest outcomes of the omicron variant, which
- [Stocks making the biggest moves premarket: Travelers, American Airlines, Signet Jewelers and more](https://signal2forex.com/2022/01/20/stocks-making-the-biggest-moves-premarket-travelers-american-airlines-signet-jewelers-and-more/) - Check out the companies making headlines before the bell:Travelers (TRV) – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue also beating analyst forecasts. Travelers benefited from stronger results in investment income and underwriting, and its stock added 2.5% in the premarket.American Airlines (AAL) –
- [UK launches crackdown on 'misleading' cryptocurrency ads](https://signal2forex.com/2022/01/18/uk-launches-crackdown-on-misleading-cryptocurrency-ads/) - The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution.Jakub Porzycki | NurPhoto via Getty ImagesLONDON — The U.K. government says it will bring cryptocurrency ads under tighter scrutiny and crack down on "misleading" claims
- [Wage inflation has arrived in a big way and Jamie Dimon says CEOs 'shouldn't be crybabies about it'](https://signal2forex.com/2022/01/15/wage-inflation-has-arrived-in-a-big-way-and-jamie-dimon-says-ceos-shouldnt-be-crybabies-about-it/) - Jamie Dimon, chief executive officer of JPMorgan Chase & Co.Giulia Marchi | Bloomberg | Getty ImagesBanks have been one of the main beneficiaries of high inflation recently because their profit margins tend to expand when higher prices force central banks to raise interest rates.At least, that was the thinking as investors bid up bank shares
- [Fear of even higher mortgage rates may be heating up winter homebuying](https://signal2forex.com/2022/01/13/fear-of-even-higher-mortgage-rates-may-be-heating-up-winter-homebuying/) - Mortgage rates have moved to their highest level in more than a year, and that may have potential homebuyers nervous that their affordability window is closing faster than expected. Home prices are still gaining, and winter is historically the slowest season for the housing market, but mortgage demand from buyers moved higher.Last week purchase loan
- [Inflation rises 7% over the past year, highest since 1982](https://signal2forex.com/2022/01/13/inflation-rises-7-over-the-past-year-highest-since-1982/) - Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday.The consumer price index, a metric that measures costs across dozens of items, increased 7%, according to the department's Bureau of Labor Statistics. On a monthly basis, CPI rose 0.5%.Economists surveyed
- [Stock futures nudge higher after a 3-day winning streak for Nasdaq](https://signal2forex.com/2022/01/13/stock-futures-nudge-higher-after-a-3-day-winning-streak-for-nasdaq/) - U.S. stock futures were slightly positive during early trading on Thursday after the Nasdaq Composite rose for the third session despite a red-hot consumer price index report.Dow futures were up 49 points. S&P 500 futures rose 3 points, and Nasdaq 100 futures gained 8 points.In early earnings action, Delta Air Lines posted a beat on
- [The Fed is likely to signal a March interest rate hike and that further policy tightening is coming](https://signal2forex.com/2022/01/25/the-fed-is-likely-to-signal-a-march-interest-rate-hike-and-that-further-policy-tightening-is-coming/) - U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022.Graeme Jennings | ReutersThe Federal Reserve is expected to signal at its meeting this week that it is ready to raise interest rates as soon as
- [Watch Fed Chair Jerome Powell testify live at his Senate confirmation hearing](https://signal2forex.com/2022/01/11/watch-fed-chair-jerome-powell-testify-live-at-his-senate-confirmation-hearing/) - [The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Banking Committee as part of his confirmation process to head the central bank for a second term.Powell will deliver prepared remarks
- [Goldman predicts the Fed will hike rates four times this year, more than previously expected](https://signal2forex.com/2022/01/10/goldman-predicts-the-fed-will-hike-rates-four-times-this-year-more-than-previously-expected/) - Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee hearing titled Oversight of the Treasury Department's and Federal Reserve's Pandemic Response, in Rayburn Building on Wednesday, December 1, 2021.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesPersistently high inflation combined with a labor market near full employment will push the Federal Reserve
- [Fed Chair Powell says rate hikes, tighter policy will be needed to control inflation](https://signal2forex.com/2022/01/11/fed-chair-powell-says-rate-hikes-tighter-policy-will-be-needed-to-control-inflation/) - U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022.Graeme Jennings | ReutersFederal Reserve Chairman Jerome Powell, with a seemingly clear path to a second term heading the central bank, declared Tuesday that the U.S.
- [Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this year](https://signal2forex.com/2022/01/10/jamie-dimon-sees-the-best-economic-growth-in-decades-more-than-4-fed-rate-hikes-this-year/) - Jamie Dimon said the U.S. is headed for the best economic growth in decades."We're going to have the best growth we've ever had this year, I think since maybe sometime after the Great Depression," Dimon told CNBC's Bertha Coombs during the 40th Annual J.P. Morgan Healthcare Conference. "Next year will be pretty good too."Dimon, the
- [Stock futures inch higher ahead of key jobs report](https://signal2forex.com/2022/01/07/stock-futures-inch-higher-ahead-of-key-jobs-report/) - U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday's key jobs report.Futures contracts tied to the Dow Jones Industrial Average gained 65 points. S&P 500 futures advanced 0.2%, while Nasdaq 100 futures added 0.3%.During regular trading the Dow fell 170 points, or 0.47%, while the S&P declined 0.1%. Both
- [Citigroup will terminate unvaccinated workers by Jan. 31, a first among Wall Street banks](https://signal2forex.com/2022/01/07/citigroup-will-terminate-unvaccinated-workers-by-jan-31-a-first-among-wall-street-banks/) - Pedestrians cross a road in front of a Citigroup Citibank branch in Sydney, Australia, on June 1, 2018.Brendon Thorne | Bloomberg | Getty ImagesCitigroup will be the first major Wall Street institution to enforce a vaccine mandate by terminating noncompliant workers by the end of this month.The bank reminded employees in a memo sent Friday
- [GameStop shares surge as much as 20% after news it plans to launch an NFT marketplace](https://signal2forex.com/2022/01/08/gamestop-shares-surge-as-much-as-20-after-news-it-plans-to-launch-an-nft-marketplace/) - A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021.Bing Guan | Bloomberg | Getty ImagesGameStop shares jumped on Friday after news that the video game retailer is planning to create a marketplace for nonfungible tokens, or NFTs.The speculative stock ended the
- [Stock futures muted on Wall Street after Wednesday's sell-off](https://signal2forex.com/2022/01/06/stock-futures-muted-on-wall-street-after-wednesdays-sell-off/) - Stock futures were muted in early morning trading Thursday after the major U.S. stock averages fell sharply in the first losing regular trading session of the year.Futures on the Dow Jones Industrial Average shed 6 points, or 0.02%. S&P 500 futures ticked 0.05% higher and Nasdaq 100 futures gained 0.02%.Minutes from the Federal Reserve's December
- [A record 4.5 million workers quit their jobs in November](https://signal2forex.com/2022/01/04/a-record-4-5-million-workers-quit-their-jobs-in-november/) - Commuters arrive from Metro North Railroad trains in Grand Central Station in New York.Timothy A. Clary | AFP | Getty ImagesWorkers quit their jobs in record numbers in November while the total employment openings pulled back a bit, the Labor Department reported Tuesday.The so-called quits level surged to 4.53 million for the month, according to
- [S&P 500 ends 2021 with a nearly 27% gain, but dips in final trading day](https://signal2forex.com/2022/01/01/sp-500-ends-2021-with-a-nearly-27-gain-but-dips-in-final-trading-day/) - U.S. stocks finished their final trading session of the year lower, capping off a record-setting 2021 that came despite the persistent headwinds of Covid-19.The Dow Jones Industrial Average on Friday fell 59.78 points, or 0.16%, to 36,338.30. The S&P 500 pulled back 0.26% to close at 4,766.18. The Nasdaq Composite dipped 0.61% to 15,644.97.All three
- [Stocks making the biggest moves midday: Pfizer, Peloton, Carnival and more](https://signal2forex.com/2022/01/01/stocks-making-the-biggest-moves-midday-pfizer-peloton-carnival-and-more/) - Paxlovid, a Pfizer's coronavirus disease (COVID-19) pill, is seen manufactured in Ascoli, Italy, in this undated handout photo obtained by Reuters on November 16, 2021.Pfizer | Handout | via ReutersCheck out the companies making headlines in midday trading.Pfizer — Shares rose 1.1% after British regulators approved the use of Paxlovid, the drugmaker's Covid-19 antiviral pill,
- [Stocks making the biggest moves premarket: Exxon Mobil, Pfizer, Peloton and others](https://signal2forex.com/2021/12/31/stocks-making-the-biggest-moves-premarket-exxon-mobil-pfizer-peloton-and-others/) - Check out the companies making headlines before the bell:Exxon Mobil (XOM) – The energy giant signaled that it will report a fourth consecutive quarterly profit, thanks in large part to stronger oil and gas prices. The snapshot of fourth quarter results came in an SEC filing, ahead of the official earnings on February 1.Advanced Micro
- [FDIC chair intends to resign in February, giving Biden more say over bank regulation](https://signal2forex.com/2022/01/01/fdic-chair-intends-to-resign-in-february-giving-biden-more-say-over-bank-regulation/) - Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021.Al Drago | Bloomberg | Getty ImagesJelena McWilliams, the head of the Federal Deposit Insurance Corporation and a holdover Trump appointee, said Friday she intends to leave
- [These Asia stocks have fallen sharply since their 2021 IPOs, fading from their first day surges](https://signal2forex.com/2021/12/30/these-asia-stocks-have-fallen-sharply-since-their-2021-ipos-fading-from-their-first-day-surges/) - A Thai investor checks an electronic board showing stock prices.Amphol Thongmueangluang | SOPA Images| LightRocket | Getty ImagesSome 2021 Asia-Pacific IPOs have seen a sharp reversal in their fortunes since their strong market debuts.At the top of the list is Chinese short video company and Tiktok-rival Kuaishou, which more than doubled from its issue price
- [Unemployment claims end 2021 near pre-pandemic levels](https://signal2forex.com/2021/12/30/unemployment-claims-end-2021-near-pre-pandemic-levels/) - A recruiter hands out information to a job seeker during a job fair in Miami, Florida, on Dec. 16, 2021.Eva Marie Uzcategui/Bloomberg via Getty ImagesInitial claims for unemployment benefits ended 2021 near pre-pandemic levels, after an improving labor market led claims to fall roughly fourfold over the course of the year.However, a surge in Covid-19
- [Stocks making the biggest moves premarket: Cal-Maine, Tesla, Alibaba and others](https://signal2forex.com/2021/12/29/stocks-making-the-biggest-moves-premarket-cal-maine-tesla-alibaba-and-others/) - Check out the companies making headlines before the bell:Cal-Maine Foods (CALM) – The nation's largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs for packaging and labor. Cal-Maine shares tumbled 7.1% in the
- [Stock futures rise slightly after Dow notches fifth straight day of gains](https://signal2forex.com/2021/12/29/stock-futures-rise-slightly-after-dow-notches-fifth-straight-day-of-gains/) - A trader works on the trading floor on the last day of trading before Christmas at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 23, 2021.Andrew Kelly | ReutersU.S. stock futures ticked higher Tuesday night following a mixed session as traders continued to assess the threat of the omicron Covid-19
- [Starboard Value builds 6.5% stake in GoDaddy, sending shares up 8%](https://signal2forex.com/2021/12/28/starboard-value-builds-6-5-stake-in-godaddy-sending-shares-up-8/) - Spencer Platt | Getty ImagesActivist investor Starboard Value has taken a 6.5% stake in GoDaddy, sparking a rally in stock of the web services company.The hedge fund bought more than 10,000 shares of GoDaddy, worth about $800 million, according to a regulatory filing. The new stake became the biggest holding for Starboard.Shares of GoDaddy jumped
- [Stocks making the biggest moves premarket: GoDaddy, Apple, Cigna and others](https://signal2forex.com/2021/12/27/stocks-making-the-biggest-moves-premarket-godaddy-apple-cigna-and-others/) - Check out the companies making headlines before the bell:Airline stocks – The major carriers saw their shares fall in the premarket after a surge in weekend cancellations due to staffing issues. United Airlines (UAL) slid 1.8%, American Airlines (AAL) fell 1.4%, Delta Air Lines (DAL) was down 1% and Southwest (LUV) declined 1.5%.Cruise line stocks
- [What the top crypto execs predict for the industry in 2022: Regulation and a Big Tech 'brain drain'](https://signal2forex.com/2021/12/23/what-the-top-crypto-execs-predict-for-the-industry-in-2022-regulation-and-a-big-tech-brain-drain/) - Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesCryptocurrencies have had yet another wild year.Bitcoin, the world's largest digital asset, has seen a roughly 65% gain since January — with some ten to twenty percent swings in between.
- [Stocks making the biggest moves premarket: Novavax, Tesla, JD.com Nikola and others](https://signal2forex.com/2021/12/23/stocks-making-the-biggest-moves-premarket-novavax-tesla-jd-com-nikola-and-others/) - Check out the companies making headlines before the bell:Novavax (NVAX) – Novavax jumped 3.4% in the premarket after the drugmaker said a two-dose treatment of its Covid-19 vaccine demonstrated strong immune responses against the omicron variant. It did add that the response to omicron was lower than that against the original virus strain and that

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- [Forex for beginners](https://signal2forex.com/tag/forex-for-beginners/)
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