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  • Squawk / 4 hours ago
    Senior Analyst /
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (April 20 - 24, 2015)

    Dominant bias: Bullish
    This pair moved upwards by over 260 pips last week. The bullish journey began at the support line of 1.0550, and price is now above the support line at 1.0800. The next targets for the bulls are located at the resistance lines of 1.0900 and 1.1000, but there must be an ongoing buying pressure for these targets to be reached. The current bullish outlook is delicate, because any weakness in the Euro could send the market tumbling, reaching the support lines at 1.0700 and 1.0600.

    Dominant bias: Bearish
    Although this currency trading instrument rose by 200 pips last week (from the demand zone at 126.50 to the supply zone at 128.50), the bearish bias is still in place. Only a movement above the supply zone at 129.50 would render the current bearish bias invalid.

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  • Article / Yesterday at 16:32 GMT

    Market Close: Miners drag UK markets lower Team / Saxo Bank
    Market Close: Miners drag UK markets lower
    UK stocks ended in negative territory, led by a decline in mining sector stocks and amid concerns over the new Chinese regulations on short-selling. Meanwhile European markets ended in the red after a fall in banking sector stocks. In the US, markets are trading on a weak footing following the release of lower-than-expected consumer price inflation data in the nation.
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  • Squawk / Yesterday at 14:33 GMT
    Saxo Bank Senior Dealer Equity CFD's Market Making / Saxo Bank
    Apple Inc. (AAPL:xnas), is said to be in talks with several Canadian banks to launch Apple Pay. However, the Canadian banks are said to be expressing concerns about fees and security issues. Apple is trading at $124.95, down $1.25 or 1%.
    Read the Squawk
  • 1d
    Kamil Oziemczuk Kamil Oziemczuk
    Nice profit. Good news for the end of the week.
  • 1d
    Clare MacCarthy Clare MacCarthy
    Admirable success rate, Stephen. Take a bow.
    vng vng
    jose pires jose pires