All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • Calendar event / 2 hours ago

    EU Retail trade

    forecast
    actual
    Med Retail Sales, M/M%
    -0.1%
    -0.5%
    Med Retail Sales, Y/Y%
    +2.1%
  • Squawk / 6 hours ago
    Business analyst
    United Kingdom
    GBPJPY

    The secondary trend of GBP/JPY is bullish on charts and price is trading above the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking support of 50 day SMA on the upside indicating uptrend of the pair.
    Resistance level of 156.10 and Support level of 154.90
    If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.

    INDICATORS:-
    MACD is sustaining in its positive territory indicating the bullish trend in the pair.
    RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

    STRATEGY: GBP/JPY is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
    Read the Squawk
  • Article / 6 hours ago

    3 Numbers: Eurozone retail sales on track to dip in today's March data

    editor/analyst / CapitalSpectator.com
    United States
    3 Numbers: Eurozone retail sales on track to dip in today's March data
    Eurozone sentiment data points to a slide in today’s hard data for retail spending in March, testing optimistic views about the potential for consumers to drive growth in the single currency area. In the US, the ADP estimate of private payrolls should deliver encouraging news at the start of the second quarter. And in forex markets, contrarians are watching for a reversal, but the slide in the US dollar against the yen is still rolling on.
    Read the article
  • 12h
    Estuardorlemus Estuardorlemus
    Thank you Michael , another good trade. Best regards.
    11h
    seas seas
    How about going long now to 86?
  • Article / Yesterday at 23:00 GMT

    US Market Wrap: Dollar bulls make a big splash

    FX Consultant / IFXA Ltd
    Canada
    US Market Wrap: Dollar bulls make a big splash
    Forex traders shifted into risk aversion mode in Europe, and kicked it into high gear during the New York session, due to a mix of global growth concerns and falling oil prices. The ripple of risk aversion in Asia became a wild surf in Europe and then a tidal wave in New York.
    Read the article
    9m
    John Shaw John  Shaw
    Great article Mike. Thanks for sharing with us and have an awesome day.