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EUR/USD Upside Move Does Not Look Real – Selling Opportunity?

EUR/USD Upside Move Does Not Look Real – Selling Opportunity?

The EUR/USD is rising from the lows as the US Dollar takes a break. German data has been quite disappointing, but markets ignore it. The technical picture remains bearish for the pair. The EUR/USD is moving higher towards the higher end of the 1.1500 handle. Once again, the primary driver is the US Dollar, which is taking […]
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                        Forex Analysis Of EUR/USD For Tuesday, August 7

E Forex Analysis Of EUR/USD For Tuesday, August 7

First, we look into the previous day trade and what happened on August 6, 2018, and the EUR/USD pair opened at 1.15675 and went high at 1.15702 and gone to low at 1.15293 and finally closed at 1.15524. The calculated pivot point for the day is 1.15506. The difference between high and low was 40 […]
Understanding The Dollar Strength

Understanding The Dollar Strength

It is fascinating to watch how the bias in people just ensures not just that a sucker is born every minute to replace the one that wises-up, but there are suckers who never learn from experience and cling to their ideas no matter how much it costs them. The U.S. dollar has been climbing against […]
BTC/USD Forex Signal – Tuesday, August 7

BTC/USD Forex Signal – Tuesday, August 7

Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be taken between 8am London time and 5pm Tokyo time, over the next 24-hour period only. Long Trade Long entry after a bullish price action reversal on the H1 time frame following the […]
EURUSD: The Trend Line Is Broken, And The Bullish Phase Has Begun

EURUSD: The Trend Line Is Broken, And The Bullish Phase Has Begun

Previous: The euro began trading in the new week down, dropping in the US session to 1.1530. The pressure on the single currency came from the general strengthening of the US dollar against the backdrop of an empty economic calendar. The escalating trade conflict between the US and China also added to the uncertainty. Chinese […]
Turn Around Tuesday For The Greenback

Turn Around Tuesday For The Greenback

The US dollar is pulling back today after yesterday’s advance. All the major currencies are higher and even the Turkish lira, which plunged nearly 5% yesterday to cap a six-day slide, is trading firmer today ([email protected]). The dollar’s losses are modest and appear corrective in nature. The news steam is light, but there few developments […]
RBA’s Looking To Raise Rates In 2019

RBA’s Looking To Raise Rates In 2019

RBA is positive on Australia’s economy and plans to raise rates in 2019, long AUD/NZD? RBA delivered an upbeat assessment of both the domestic and global economies and plans to raise rates in 2019 after keeping interest rate at record low for 2 years. RBA kept interest rate unchanged at the record low of 1.5% […]
Is 157,000 A Lot?

Is 157,000 A Lot?

157,000. Is that few or many? And what does it mean for the gold market? Slowdown without Slowdown U.S. nonfarm payrolls slow downed in July. The economy added only 157,000 jobs last month, while MarketWatch had expected 195,000. The gains were widespread – however, job creation was the strongest in professional and business services (+51,000), leisure and hospitability […]
2017 Export To China Dependence, By State

2017 Export To China Dependence, By State

Using Census and BEA data, one can assess at least in first order terms, what states will be impacted by tariffs against US exports — as well as the CNY depreciation that has occurred in the last few months. Figure 1: Ratio of goods exports to China to GDP, 2017. Source: Census via ITA, BEA, and author’s calculations. […]
How Industrial Hemp Could Drive Growth In The Cannabis Industry

How Industrial Hemp Could Drive Growth In The Cannabis Industry

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. The cannabis industry has made major highlights over the last few years due to developments made in producing cannabinoid drugs. And as more U.S. States continue to embrace medical cannabis, analysts are already […]