EURUSD Fall to the area of 1,4940/1,4950 we suggest using to open long positions with targets set at 1,4990 and 1,5040. Possible upside rebound above 1,5060 will bring this pair eventually as high as 1,5120. Only decline below 1,4900 will cancel ……
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The Czech koruna finished weaker last week despite better-than-expected GDP figures. The EUR/CZK pair bounced back above the 25.50 level, but we do not consider the price action as important as the pair trades back below this barrier this morning. This we…
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Asian equity markets are opening the week sharply higher, tracking the positive close in the US on Friday while also benefiting from strong economic data out of Japan and commitment to status quo FX policy from China. Shanghai Composite is leading the ral…
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- Barron’s cover story is positive on Exxon, calling it a bargain after being the second worst performing stock in the DJIA so far this year. The article calls Exxon “the Goldman of the energy business,” with its corporate culture focused on ……
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US indices hit fresh 13-month highs this week and the DJIA managed to close above 10,250 as risk appetite flared up worldwide. Equities, gold and oil rose in tandem through the first half of the week, with crude testing and gold making all-time highs …
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The GBP/USD jumped to a high of 1.6873 during the overnight trade as the economic docket for the U.K. reinforced an improved outlook for region, and the British Pound remains the best performing against the greenback on Tuesday as the pair continues to bounce back from the low, while the USD/CAD halted the two-day decline as investors scaled back their appetite for risk.

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Not sure if a market should be moving up or moving down in the week ahead?  The analysts at DailyFX offer their thoughts every Monday.

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One of the most powerful pieces of information you can use to evaluate your actions as a trader is a trading log.

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U.K. consumer prices rose for the first time in eight months in October as fuel costs and air fares offset declines in household goods and clothing. Inflation climbed to 1.5% from 1.1% the month prior, surpassing forecasts of 1.4%.

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