The euro fell slightly today. Eurozone and UK on Wednesday (August 23) PMI data that could reveal whether the European Central Bank (ECB) will raise rates again in September and whether the Bank of England (BOE) will do so will be announced. Interest rates continue to rise sharply. Purchasing

Todays red folder news are forecasted to higher the interests rate to 5.50%, an essential raise by 25 points. This means strength for the Euro. I will be looking for longs within the blue box. If you take a similar trade make sure that you keep an eye out for a couple more attempts

Hey guys! Hope you've all had an amazing weekend! Just wanted to come on here and post this potential counter-trend trade setup on NZDCAD. So when doing my weekend analysis I had came across this opportunity and had to share. So if you look at NZDCAD months ago price action had a huge jump to the up

This pair has been on a near 9 week bulllish run and fast approaching a untested Monthly SUPPLY/SELL zone just above 0.85 you should now look for a correction down towards the last swing high in the previous down leg around 0.82 though it may drop down to 0.80 before heading back up and going the hi

Daily: we have a clear liquidity grab at the highs and you can see price aggressively came back down 1H-4H Timeframe: We see multiple market structure shifts to the down side. Also with in the range of the initial move low from the highs, we see even more liquidity grabs at "resistance zones" This g

Yesterday was the biggest sell off on the US equities in over 2 years. We caught a great sell on SPX and also AUDUSD . The market is recovering from the big sell off. I see a chance to buy AUDUSD with a very tight stop loss below 0.6705. There is a harmonic pattern with M15 and M30 divergence.

#GBPUSD for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for

Also keeping an eye on NZDCHF bullish price action development. We can see from the higher time frame, price has a strong bullish impulse phase up, and falls into a larger, continuation flag structure. Within the larger structure, there are many corrections that moves up and down to form into this c

(Reuters) -JD Sports Fashion raised its annual profit forecast for the second time in four months on Wednesday as shoppers splashed out on sportswear during the holidays and U.S. consumers spent their stimulus cheques on the latest trends. Britain's biggest sportswear retailer, which has expanded in

China’s highly influential media outlet, Global Times, carried an editorial-opinion piece on Tuesday, citing that the government is unlikely to approve the agreement between Tik Tok’s parent company ByteDance and Oracle, already approved by US President Donald Trump on Sunday.   Key reasons “Oracle

A compromise on the European Union (EU) Fund is possible in the coming weeks, said French Finance Minister Bruno Le Maire in an interview with CNews TV. There has been no end to the talks around the EU coronavirus joint-recovery fund, especially after the failed Summit held last month. The EU lead

FX option expiries for May 12 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0800 892m 1.0850 1.0bn - USD/JPY: USD amounts          106.25 410m 106.40 511m 106.70 588m - NZD/USD: NZD amounts 0.6050 352m

Speaking to Bloomberg earlier this Tuesday, Austrian Chancellor Sebastian Kurz said that his country aims to solidarity with Italy. He said that Italy can't handle debt load without the European Union (EU). On Friday, Kurz said: "I would never ask Italy to apologize that Italian tourists had broug

Gold is at 7 year highs and approaching its next resistance at 1735, per Commerzbank. Key quotes “Gold is at 7 year highs and is poised to encounter the next band of resistance at 1734/35, the 78.6% retracement of the move down from 2011 to 2005.”  “The 1734/35 zone guards the 1792/1803 highs (Octob