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Category : FOREX

Yesterday’s disappointing US ISM Services survey left markets worried about growth, playing into the main theme of the week. Several major countries will release their trade statistics for last month, and the consensus among analysts …

In the long term, BABA is forming a bearish trend, or rather a triple cycle zigzag. The current chart of the 1H timeframe shows the final part of the second intervening wave x. At the …

The S&P continued its bull run after touching the highest level since August. Tech stocks bounced back, with Apple hitting record highs. With economists checking if this is just another bubble, will the Tech boom …

GBPUSD tests support The US dollar retreated after May’s services PMI came in short of expectations. The pair came under pressure at a 12-month high of 1.2670 then a series of lower lows led recent …

AUD/USD registered a fresh three-week high on Tuesday after the Reserve Bank of Australia delivered an unexpected rate hike, which brought borrowing costs to their highest level since April 2012. The RBA raised its cash …

Volvo Cars (VOLCARb), majority-owned by China’s Geely, on Monday reported a 31% year-on-year surge in its sales for May to 60,398 vehicles. Sales in Europe went up 40% YoY, those in China grew 49% YoY, …

QQQ consolidation mode while  confirmed range breakout on small cap IWM. Small caps stays on radar.     Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Watch us trade these …

Forex trading, also known as foreign exchange trading, is a decentralized market where various currencies are bought and sold. It is a highly liquid market that operates 24 hours a day, five days a week, …

This week’s Halifax and RICS data will draw attention to the UK housing market, while we’ll also get German, Chinese, US and Australian trade balance figures, and Australian, Japanese and eurozone GDP updates. A light …

Russell 2000 has resumed its underperformance against the rest of the US benchmark stock indices after failing to have a follow-through from last Friday’s stellar gain of + 3.56%. Major downtrend phase in place since …

Saudis raises prices to Asia after surprise solo-output cut Gold rises as Fed hike odds edge lower after soft ISM services report SEC goes after Binance and CZ Oil The Saudis are going at it …

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