Archives by Month:

Archives by Year:

Dovish European Central Bank (ECB) Forward-Guidance To Rattle EUR/USD

Dovish European Central Bank (ECB) Forward-Guidance To Rattle EUR/USD

EURO TALKING POINTS EUR/USD pares the decline following the U.S. Non-Farm Payrolls (NFP) report, with the exchange rate bouncing back from a fresh monthly-low (1.1526), but the European Central Bank (ECB) meeting on tap for September 13 may produce headwinds for the Euro as the Governing Council remains in no rush to move away from its easing-cycle. DOVISH EUROPEAN […]
E
                                                
                        CHFJPY Is Looking Higher After A Pullback

E CHFJPY Is Looking Higher After A Pullback

Hello traders, today we will talk about CHFJPY. Well, as you can see, CHFJPY is in impulsive uptrend where we are observing a five-wave rise so there’s room for higher levels, just be aware of intraday corrections. I know it’s CHF, but this looks clearly corrective for me. It’s wave 4) that can look for […]
Analysts See Value In Wynn Resorts Following Recent Sector Pullback

Analysts See Value In Wynn Resorts Following Recent Sector Pullback

JPMorgan analyst Joseph Greff argued that there is a disconnect between Wynn Resorts’ (WYNN) current operating fundamentals and investor sentiment, viewing the recent sector pullback as a buying opportunity. Sharing a similar opinion, his peer at Deutsche Bank added that he would be a buyer of the stock given the current valuation and as conditions […]
USDJPY: Faces Further Recovery Pressure Towards 111.74/82 Levels

USDJPY: Faces Further Recovery Pressure Towards 111.74/82 Levels

The USDJPY pair still faces further price recovery threats following its Friday higher close. On the downside, support lies at the 110.50 level where a break if seen will aim at the 110.00 level. A cut through here will turn focus to the 109.50 level and possibly lower towards the 109.00 level. On the upside, […]
Draghi Can Down The Euro Even On The Eve Of QE Tapering

Draghi Can Down The Euro Even On The Eve Of QE Tapering

The ECB is set to provide fresh forecasts ahead of the planned QE tapering. The recent slide in inflation implies a dovish tone from President Draghi. The EUR/USD may see choppy trading due to many moving parts in the presser and beyond. The European Central Bank will deliver its rate decision on Thursday, September 13th, […]
GBP/USD Back Above 1.30 As Barnier Says Brexit Deal “Realistic” In 6-8 Weeks

GBP/USD Back Above 1.30 As Barnier Says Brexit Deal “Realistic” In 6-8 Weeks

Sometimes, it’s best to keep the analysis simple. As the informal “deadline” for a Brexit deal draws nearer, sterling is becoming more attuned to headlines about the likelihood and structure of a deal. The UK’s relationship with its peers in the European Union is rapidly becoming the factor to watch when trading the pound, trumping central bank […]
A Bounce Today?

A Bounce Today?

My Swing Trading Approach No new positions for me added on Friday. Didn’t like the price action and chose to stay on the sidelines instead. This morning, I will be most interested in whether the bulls can hold the gap up, and I will be looking to add 1-2 new trades to the portfolio this […]
6 Top Stocks With A Handsome Net Profit Margin

6 Top Stocks With A Handsome Net Profit Margin

Investors eye businesses that report profits on a regular basis. In order to gauge the extent of profit, there is no better metric than net profit margin. A higher net margin reflects a company’s efficiency in converting sales into actual profit. Moreover, this metric lends an insight into how well a company is run and […]
Still No Demand For Bitcoin

Still No Demand For Bitcoin

Let’s start Monday with a quick look at the cryptocurrency market, with bitcoin serving as the most popular representative. We can see that BTC is smoothly falling down, almost like a leaf in autumn. Is there any hope that crypto traders will be popping champagne bottles again anytime soon? No, not really. Since the end […]
DXY Index Slumps As GBP Advances On Brexit Deal Progress

DXY Index Slumps As GBP Advances On Brexit Deal Progress

The US Dollar (via the DXY Index) has erased all of its gains after the August US Nonfarm Payrolls report on Friday as market participants jettisoned safe-haven currencies on the back of positive news regarding the state of Brexit negotiations on Monday. The European Union’s chief Brexit negotiator Michel Barnier said it would be “possible” to get […]