02 Feb 2017 @ 20:38
Google shares (
NASDAQ:GOOG) are in uptrend, and the current pullback is just another opportunity to buy long when price is on sale, and in the context of an uptrend. Price has pulled back into the middle of the upper and lower Trendlines, and it is expected to go upwards from here. The RSI period 14 […]
02 Feb 2017 @ 20:37
It was another strong day for the pound after a sluggish start saw it gain 1% on the euro and 0.5% on the dollar as many investors believe that the BOE may hint at raising interest rates soon when they meet at their quarterly inflation meeting today. With many suggesting Brexit-related caution, Mark Carney may […]
01 Feb 2017 @ 21:32
With a simple stroke of a pen, President Donald Trump’s executive order suspending the entry of all refugees for citizens of seven Muslim-majority countries into the United States for 120 has officially began on Friday afternoon. These countries listed are; Syria, Iraq, Iran, Libya, Somalia, Sudan and Yemen. The White House describes this rigorous decision […]
01 Feb 2017 @ 21:28
Today’s main focus will be on the US FOMC meeting which will occur in the evening. It is expected that the FOMC will not move interest rates but the market will be scrutinising the accompanying statement for clues on future moves. The FOMC will still be adjusting to incoming President Trump and will await clarification […]
01 Feb 2017 @ 18:48
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 […]
31 Jan 2017 @ 21:27
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 […]
31 Jan 2017 @ 21:17
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 […]
31 Jan 2017 @ 01:51
It’s an incredibly busy week this week for global markets as we look ahead to big earnings and economic data. With President Trump making waves in his first 100 hours in the White House, let alone 100 days, there is a huge uncertainty risk for global markets at the moment as we continue to get […]
30 Jan 2017 @ 21:41
Last week was an incredibly busy one, that despite the lack of economic data saw markets take out big final technical and psychological levels. We had GDP from the US and UK, President Trump signing executive orders like they were going out of fashion, and a Supreme Court ruling on Brexit in the UK. So […]
30 Jan 2017 @ 21:20
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 […]