China GDP Keeps Global Sentiment Buoyed
China’s GDP for the year 2019 grew at a pace of , according to data released last Friday. Although the pace of GDP growth remains slow, it was within...
AUDUSD: Last Impulse Could End Near 0.7042
The current AUDUSD structure suggests that the market is forming the final part of the bullish intermediate zigzag (A)-(B)-(C). It seems that minor wave 1 in (C) has already...
What Are the Issues With Phase One Deal?
The trade deal was officially signed, yes! But did you know that market participants have reasons to remain cautious? If you are not sure how the FX markets could...
Franc Continues Soaring
The US Treasury call on Bern last Monday took Swiss Franc to a Sep ‘18 high against the #dollar. Pound also rose, perhaps on macro expectations and EC’s comments...
GDP Crushed By Data Miss
USD Riding High The US dollar is ending the week on a much better note than it started. Stronger than expected data yesterday (retail sales & Philly Fed both...
How Long Can a Forex Trade Stay Open?
As a general rule, there is no limit to how long you can keep a trade open. Some brokers might put limits, but any reputable Forex brokers won’t. As...
Risk Appetite Remains High on Trade Deal & US Data
Equities continue to remain poised to the upside due to a number of factors. The US-China trade deal brought a modest reaction. Investors expect that there is still a...
GBPJPY: 145.15 Likely To Complete Bullish Zigzag
The current GBPJPY structure hints to an intermediate degree corrective wave (B), heading downwards. Wave (B) consists of minor sub-waves А-В-С, where wave A is fully completed, but B...
USD Sinks On Data Weakness
USD Selling Off On Data Dump The US dollar has been a little lower over the European morning on Thursday. Following some weakness in the monthly CPI reading earlier...
And Now Brexıt!
The US and China signed a partial deal yesterday, putting a temporary stop to global uncertainty! Are emerging markets affected by the fresh rhetoric, or should we just focus...