FX Pairs in Tight Trading Ranges
Looking back on the last trading days this week failed to provide traders with large weekly gains. Both EUR/USD and GBP/USD remained in tight price ranges, providing almost zero trading chances. The DAX on the other side provided some volatile movements but unfortunately not in favour of huge gains. However, we are patient and wait […]
U.S. Dollar Held Decline After Weak CPI Data
The U.S. dollar held its recent dip after a weaker than expected U.S. inflation report. While inflation has become a major theme in financial markets, price pressures are set to firm in the months ahead as President Joe Biden pushes for major stimulus and consumer spending is expected to accelerate as more are vaccinated. Yesterday’s […]
Daily Forex Signals
Daily Forex Signals: If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals EUR/USD Long @ 1.2135 Short @ 1.2085 GBP/USD Long @ 1.3835 Short @ 1.3785 DAX® (GER30) Long @ 14130 Short @ […]
GBP Overdue For Correction?
The U.S. dollar experienced a new wave of weakness and EUR/USD and GBP/USD soared as a result. As for the GBP/USD, the recent linear upward movement appears to be somewhat stretched with a correction being overdue. We may see a bullish extension until 1.3840 but traders should brace for a correction since the pair is […]
GBP überfällig für eine Korrektur?
Der U.S. Dollar erlebte eine neue Welle der Schwäche und EUR/USD und GBP/USD stiegen als Resultat. Was den GBP/USD anbetrifft, so erscheint die jüngst sehr lineare Aufwärtsbewegung etwas überdehnt wobei eine Korrektur nun überfällig zu sein scheint. Eventuell sehen wir noch eine Erweiterung bis 1.3840 auf der Oberseite, allerdings sollten sich Trader jetzt auf eine […]
Global Market Rally Continues, Bitcoin Jumps On Tesla Bet
The global market rally goes on while demand for the safe-haven U.S. dollar ebbed. Investors are taking comfort from the vaccine rollouts and signs of progress on stimulus amid concerns about extended valuations. Stocks are at record highs and Bitcoin surged to a record high on Tesla’s investment in the largest cryptocurrency. However, there are […]
