August 5, 2018
EUR/USD continued its sideways movement in a trading range between 1.1508 and 1.1851, and is now facing 1.1508 support. A breakthrough this level could trigger further downside movement towards 1.1400. Key resistance is at 1.1851, only a break above this
I’ve pointed out many times that, generally speaking, mortgage rates lead home sales. It’s not the only thing — demographics certainly plays an important role — but over the long term interest rates have been very important. I have run
As you’re probably aware, things aren’t going particularly well in Iran ahead of the re-imposition of U.S. sanctions. Last week, protests cropped up in Arak, Isfahan, Karaj, Shiraz, Eshtehard and Tehran itself, leaving at least one person dead and dozens under
With stocks at record high price and valuations, and US macro data rolling over hard, it seems – based on speculators’ positioning – that only a sucker would worry about downside risks right now. Markets shrugged off a weaker than expected
EconoFact, today: The agriculture sector in the United States depends upon exports for its vitality. Sales of U.S. agricultural products abroad are responsible for 20 percent of U.S. farm income, supporting more than one million American jobs on and off
Commercial gold hedgers reduced their short holdings by nearly 25% last week – a sharp reduction. Their combined positions (futures and options) dropped an astonishing 37%. Speculative shorts remain at or near record highs. For example, managed money is short
‘Pump groups’ fuel millions in trading activity, with price rises followed by quick falls. If you are messing with cyptos in general, but especially the newer coin offerings, you are playing with coins rife with fraud. The Wall Street
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits.
