Currency

Super Trading Strategies – Tapping the Hidden Treasure in the Markets “So much to know, so much to earn So much wisdom to seek and learn If we raise our hands, we’ll touch the sky Our beds are low, our dreams are high…” – Niyi Osundare I was born into a poor family of many […]

The US Dollar has been steadily increasing since 2014; with a 5% increase rate in the GDP from July to September, the fastest pace in more than a decade. Specifically; right after nearly 3 million jobs were created and the boom in North American oil production as well as the crash in the prices of […]

Donald Trump’s ‘travel ban’ has led to investors moving into other safe havens, with JPY and Gold being the short term winners. Business leaders from across the world have voiced their opinions and now Theresa May has come into the firing line for not overly condemning his latest actions. She has since stated she looks […]

To recap over the past week, we saw Sterling regain some lost ground throughout generally more positive FX markets. The main market focus this week will be the monetary policy, with both the Federal Reserve and Bank of England due to meet. Although the Fed aren’t expected to make any rate changes, we could see […]

There is a bullish signal on the EUR/JPY. Last week, price moved upwards by 210 pips, from the low of January 23. Price has closed above the demand zone at 123.00, and it may now target the supply zones at 123.50, 124.00 and 124.50. EUR/USD: The EUR/USD is in a bullish mode, but price merely […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went flat from Monday to Wednesday, not being able to stay above the resistance line at 1.0750. Price then declined a bit, in the context of an uptrend. Price has been going upward gradually since the beginning of this year, and this […]

Facebook stock (NASDAQ:FB) is in an uptrend. The market rallied last year, till the end of October, and pulled back. The uptrend has resumed since the beginning of this year and it is very strong. Price is currently above the EMA 21, while the Williams’ % Ranger period 20 is in the overbought region. The […]

The White House readies itself to welcome UK Prime Minister Theresa May today. She is the first leader to meet the new US president, and there is already a lot of anticipation and contrasting views in the media on the meeting. Mrs May is ambitious, and wants to try and secure a free trade deal […]

The pound has performed strongly this week, somewhat boosted by the scheduled Trump/May meeting tomorrow. Today we have key hard data to focus on, with the first reading of Q4 2016 GDP due out. It is expected to come in at 0.5% for the quarter, with the yearly figure at 2.1%. UK PMI data has […]

Yesterday’s main event was the UK Supreme Court’s decision regarding Article 50 and it went just as markets had anticipated. The High Court’s ruling was upheld meaning that the UK Parliament must have to vote in order to trigger Article 50. The Court’s decision did, as expected, coincide with some Sterling volatility. However, ranges were […]