AUD/USD Forex Technical Analysis – Late Sellers Could Be Trapped Under .6764, Looking for Short-Squeeze


At 20:51 GMT, the AUD/USD is trading .6784, down .0017 or -0.26% ... 0020 per day, has been guiding the Forex pair lower since the July 19 main top at .7082. This angle drops down to .6762 on Monday. ...

Forex daily trading volumes rise to $1.75 trln in July - CLS


LONDON, Aug 8 (Reuters) - Average daily foreign exchange trading volumes rose 6.7% year-on-year in July to $1.75 trillion, CLS said on Thursday, as a pick-up in volatility encouraged more buying and ...

How to Choose a Good Forex Broker for Your Trading Needs


Trading the financial markets when conditions are volatile can be difficult, even for experienced traders. DailyFX – a world-leading news and analysis website – provides free analysis into the ...

August Forecast: It's Going to Be the Hottest Trading Month Across the Board


This August will be the best month for trading crypto, stock, forex, and commodities. There's so much going on and so many markets are on the edge of a trend change, you simply cannot miss an ...

Forex Trading:the most beneficial trading


Over the last years, forex trading has gained appreciable popularity because of the advance in the on-line trading and as a result of its high liquidity, 24/7 schedule, and easy accessibility. ...

After Solid Growth in June, CLS Sees Slump in July FX Trading


Moving on to the trading volumes for FX spot, which generates the second-highest volumes for CLS, July reported an average daily volume of $388 billion. Unlike swap forex, this volume has fallen by 14 ...

AUD/USD Forex Technical Analysis – Gann Angle at .6802 Controlling Today's Direction


The Australian Dollar is trading higher on Thursday after confirming yesterday's dramatic closing price reversal bottom. The chart pattern and follow-through rally doesn't signal a change in trend, ...

FOREX-Yen clings onto gains as U.S.-China trade row supports safe-havens


The offshore yuan traded at 7.0816 per dollar, little changed in Asian trade. Spot gold rose 0.3% in Asian trading to $1,500.80 per ounce, near the highest in six years, while S&P e-mini futures ...

Most Profitable Head and Shoulders Forex Chart Pattern? Top Secret on How to Draw Price Chart Pattern Trendline for Day Trading


Are you always trying to find the most accurate head and shoulders chart pattern or always looking for the correct way on how to draw the proper resistane line/ support line? Let me tell you a secret: ...

Tanzania: Bank of Tanzania Moves to Curb Forex Black Market As 12 Seized


He said upon completion of the investigations, the suspects will be arraigned in connection with trading in foreign exchange without having a central bank licence. ...

FOREX-Yen, Swiss franc rise on trade worries, downbeat global data


"What wouldn't make safe havens look attractive this week," said John Doyle, vice president for dealing and trading at Tempus, Inc. in Washington. "The equity board is awash in red. The trade tensions ...

Read full article on forex trading

Comments

Post a Comment

Popular posts from this blog

Mugenda: How I landed into forex trading

Image
Mr. Paul Mugenda, a forex trader based in Nairobi (PHOTO: Courtesy) The need to cope with the rising living standards has led many Kenyans into different creative ways of making an extra coin to take ... Canadian regulator summons RBC, TD Bank over forex malpractice charges Both banks failed to sufficiently supervise and control their forex trading businesses from 2011 to 2013, the province says in its statements of allegations. Furthermore, certain compliance ... Forex Daily Recap – 38.2% Fibo Level Stopped the Ninja Bulls amid G7 Summit On the economic calendar, the German IFO data releases grabbed market attention in the Asian trading session. Nonetheless, the IFO data reported adverse data, allowing the bears to take control over ... Indispensable Forex Trading Application Launches For Investors, Seeks Marketing Partners With FxTrendSignals, international investors can instantly track market prices in real-time by set price alarms, viewing economic calendars, and monito...
Read more

FOREX-Dollar holds steady on reduced bets on steep U.S. rate cut

Image
In late U.S. trading, the dollar was up 0.57% at 107.790 yen , while the euro was 0.58% higher at 122.585 yen . The greenback was little changed against the euro at $1.1372. The dollar index edged ... How To Structure A Trading Business For Significant Tax Savings If you actively trade securities, futures, forex or crypto, consider setting up a trading business to maximize tax benefits. With a sole proprietorship, a trader eligible for trader tax status (TTS) ... FOREX-Dollar inches higher after Fed checks aggressive easing views The scaling down in expectations for large rate cuts from the Fed also knocked gold prices by more than 1%, putting the precious metal on course for its first decline in seven trading sessions. The ... INTL FCStone Ltd Launches FX Trading App on Integral Platform the British subsidiary of INTL FCStone Inc., to launch a forex trading app built on the Integral platform. By partnering with Integral, the FCA-authorised firm is able to expand its mobile...
Read more

China's August Forex Reserves Rise to $3.1072 Trillion

Image
It is currently trading at 11-1/2 year lows. China allowed the yuan to break through the closely watched 7-per-dollar level on Aug.5 for the first time since the global financial crisis, days after ... FOREX-China stimulus boosts Aussie, kiwi; markets await U.S. jobs data The Chinese currency in the offshore market extended gains and was trading up 0.4% against the greenback at 7.1120 yuan. The Australian dollar - its fortunes closely intertwined with the Chinese ... FOREX-Dollar dips on mixed U.S. jobs data, Powell hints at rate cuts "The jobs data were sufficiently mixed," said Marc Chandler,chief market strategist at Bannockburn Global Forex LLC in NewYork ... senior marketanalyst at OANDA in New York. In late U.S. trading, an ... Forex Today: Will Non-Farm Payrolls and Powell keep markets happy? the shared currency. GBP/USD is trading around 1.2300 as opposition parties vow to prevent a no-deal Brexit before agreeing to elections. The House of Lords is set to ...
Read more