Forward Guidance

Dear Traders, defining its up-trend, the Euro climbed until 1.3900 last week. Maybe shortly we will see the 1.4000 level. Consolidations can be expected  until 1.3825 and 1.3750, from where we can find new profitable long entries. The European Central Bank and the Bank of England have pledged to hold down their interest rate to […]

ECB Interest Rate decision & Crimea Crisis

Dear Traders, we hope you had a good start in March 2014. Yesterdays’ trading was formative by short trends which is due to the current Ukraine Crisis. On Thursday market strategists will listen to the ECB rate decision, where most economists expect that the ECB won’t lower its current interest rate this week. This expectation […]

Fed Chairman Janet Yellen Testimony

Dear Traders, what’s going on this week? We will listen to the speeches of Janet Yellen  (Tuesday & Thursday) and Mario Draghi (Wednesday). Yellen will speak the first time before the U.S. Congress since being chairman of the Federal Reserve. Market strategists expect that she will reinforce the Feds’ steady tapering course. From the technical […]

2014 Expectations with the Fed and Janet Yellen

Dear traders, first of all we wish you a happy, healthy and successfully new year 2014! We hope you had a good start and feel fit for trading with new energy. So, let’s see what we can expect for the beginning of the year: Now it is confirmed, Janet Yellen will replace Fed chairman Ben […]

The Forex market

The word Forex or FX describes the trading in the Foreign Exchange market (or currency market). The Forex Market is the largest financial market in the world and turns over  up to  $ 5 trillion per day! The main participants in the Forex market are larger international banks (central banks and federal governments), followed by […]