Analysts at ING are out with their afterthoughts on the German Q2 GDP release after the economy shrank by 0.1% QoQ in the second quarter. Key Quotes: “The available monthly data and the press release of the Statistical Agency suggest that private and government consumption were slightly up but trade and the construction sector were
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AUD view out of Singapore – has likely based Coming Up! Title text for next article A snippet on the Australian dollar via UOB, analysts here assessing the AUD has likely found a base. In summary: previous commentary that a ‘sustained push below 0.6800 could shift focus to 0.6715’ Since then AUD down to lows
Very important tutorial for beginners about choosing Forex trading broker. Some trader show on website about awards, question is Do these awards represent the security of any broker? No this is wrong. in my experience maximum market maker show on website many awards, many market maker brokers account managers Satisfied to beginners that this broker
What are some of the biggest traps you can fall into as a trader? Trading is a process that is different for every participant: a great deal of success depends on personal qualities and strengths. And yet, a number of things are universal – the similar challenges everyone goes through and the common traps that
Latest data released by the National Statistics Institute – 13 August 2019 CPI +0.5% vs +0.5% y/y prelim HICP -1.1% vs -1.1% m/m prelim HICP +0.6% vs +0.7% y/y prelim Core CPI +0.9% vs +0.9% y/y prior ForexLive Preliminary figures can be found here. Pretty much in-line with initial estimates and the bright spot here
Before we move onto the ‘Fundamentals Series’, I revise most of what we’ve gone through in the technical series + revisit the criteria that I personally follow. Please break up this video into time segments. For template downloads: Aim: Determine the trend, take the most suitable entry, collect a certain number of pips. Criteria:
Australian Dollar Talking Points AUDUSD pares the advance from the monthly-low (0.6677) as the People’s Bank of China (PBoC) continues to weaken the Yuan reference rate, and current market conditions may continue to drag on the exchange rate amid the growing threat of a US-China trade war. AUDUSD Rate Outlook Clouded by Mixed RBA Rhetoric
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Narrow up and down trading range The NZDUSD has had an up and down day in a relatively narrow 36 pip trading range (for the day).  Technically, the “ups” today, were able to stay below a top side trendline, and the 100 hour moving average (blue line in the chart above).  That kept the sellers more in control.  The price
It wasn’t even a real election The primary vote on the weekend in Argentina was essentially an indicative vote but the market was betting that Macri could keep the gap close enough to win out in October. Instead, he looks dead in the water, losing to Peronist Alberto Fernandez 32.1% to 47.7%. The gap in