Australia Data & Reaction: FXWW

From the FXWW Chatroom: MNI: AUSTRALIA OCT UNEMPLOYMENT RATE 5.4%; MNI MEDIAN 5.5% AUSTRALIA OCT EMPLOYED PERSONS +3700 M/M; MNI MEDIAN +20000 AUSTRALIA OCT LABOR PARTICIPATION RAT …
0 Comments Read more →

What Traders Need to Know About BitCoin: by Justin Paolini

Employees of Fidelity can pay for their canteen lunch using bitcoin, after Abigail Johnson (CEO) showed her resolve to become a digital currency pioneer back in May 2017. Currently …
0 Comments Read more →

Abe’s Win: What Does It Mean For Japanese Equities? By David Bassanese

Japanese Prime Minister Shinzo Abe recently called an early snap election, resulting in a resounding win for his party (the Liberal Democratic Party). Abe’s party now holds a two …
0 Comments Read more →

US$ recovers after data: By Mary McNamara

The US$ has recovered a bit after US CPI and Retail Sales data and so that has slowed the movement with some FX pairs. This recovery triggered a 5 R breakout trade on the USD/MXN t …
0 Comments Read more →

Market Talk: FXWW

From the FXWW Chatroom: – The NZD/AUD widow-maker showed its true colours yesterday as weak second tier Australian data drove a 90pt squeeze (top-to-bottom) indicative of a s …
0 Comments Read more →

16 Nov: Forecast: FX: US$/Majors + trade ideas: FXCharts

EURUSD: 1.1791 Preferred Strategy:  EurUsd had a choppy session, rising ahead of the US data and reaching a high of 1.1859, just as it was released, before turning lower, with mos …
0 Comments Read more →

FX: Little change: By Mary McNamara

There hasn’t been a lot of FX breakout movement other than with one-cross pair I monitor. There were some short term trades off two stock indices but, other than that, most chart …
0 Comments Read more →

14 Nov: Forecast: FX: US$/Majors + trade ideas: FXCharts

EURUSD: 1.1668 Preferred Strategy:  EurUsd had a steady session on Monday although the Euro remains underpinned into the close, sitting just below the neckline of the head/shoulde …
0 Comments Read more →

AUD/USD breaking key levels as yield support vanishes: FXWW

From the FXWW Chatroom: AUD/USD has been range bound in the recent weeks as it challenges three coincident MT Fibonacci support levels at 0.7629/43. This support is now giving way …
0 Comments Read more →

Expect Deeper USD Correction Now, Bond Meltdown In Weeks To Come: By Stephen Innes

More tax reform wobbles and squabbles to come? The market certainly had its Jekyll-and Hyde moments last week as the torrent of interparty lobbying suggests we are nearing a now or …
0 Comments Read more →