Sunday, November 30, 2014

[Snippet] Swiss Voters Reject The Gold Referendum, Reserves to Stay at 8%

[Snippet] Swiss Voters Reject The Gold Referendum, Reserves to Stay at 8%


[Snippet] Swiss Voters Reject The Gold Referendum, Reserves to Stay at 8%

Posted: 30 Nov 2014 08:15 AM PST

New Trends Emerge from London Summit as Forex Broker Rings NASDAQ Bells

Posted: 30 Nov 2014 06:02 AM PST

Forex Magnates spotlights the best stories of the week, from the brokerage whose management team has resigned in protest to the new player who paid over $5 million to enter the business with invest.com.
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The post New Trends Emerge from London Summit as Forex Broker Rings NASDAQ Bells appeared first on Forex Magnates.

NZD/USD Technical Analysis: Waiting to Re-Establish Short

NZD/USD Technical Analysis: Waiting to Re-Establish Short


NZD/USD Technical Analysis: Waiting to Re-Establish Short

Posted: 30 Nov 2014 05:09 PM PST

AUD/USD Technical Analysis: Trying to Clear Path Below 0.84

Posted: 30 Nov 2014 05:09 PM PST

GBP/JPY Technical Analysis: Range-Bound Below 187.00

Posted: 30 Nov 2014 04:50 PM PST

EUR/JPY Technical Analysis: Sideways Trading Continues

Posted: 30 Nov 2014 04:50 PM PST

ECB to Retain Aggressive Dovish Tone Despite No Sovereign QE

Posted: 30 Nov 2014 07:45 AM PST

Even if the ECB doesn’t announce a sovereign bond-buying program this week, there are still €1 trillion reasons why the Euro might not see a major rally.

Euro Rose vs. Franc, Gold Fell After Swiss Referendum Outcome

Posted: 29 Nov 2014 04:09 PM PST

The Euro rose against the Franc after Swiss voters rejected an initiative requiring the SNB to dramatically boost the size of its gold reserves.

Saturday, November 29, 2014

Bitcoin Picks: US Exchange Nadex Readies Official Listing of Bitcoin Binary Options

Bitcoin Picks: US Exchange Nadex Readies Official Listing of Bitcoin Binary Options


Bitcoin Picks: US Exchange Nadex Readies Official Listing of Bitcoin Binary Options

Posted: 29 Nov 2014 06:04 AM PST

Retail traders in the US are preparing for the 1st listed bitcoin contract. Nadex, plans to offer binary options bitcoins subject to regulatory approval, a week of exciting announcements in the world of virtual currencies.
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The post Bitcoin Picks: US Exchange Nadex Readies Official Listing of Bitcoin Binary Options appeared first on Forex Magnates.

Friday, November 28, 2014

Weekly Trading Forecast: Dollar Hits a Record Before the ECB Weighs Further QE

Weekly Trading Forecast: Dollar Hits a Record Before the ECB Weighs Further QE


Weekly Trading Forecast: Dollar Hits a Record Before the ECB Weighs Further QE

Posted: 28 Nov 2014 05:30 PM PST

We are coming off a holiday trading week, and December is know as the best month historically for capital market returns. However, fear and monetary policy may mean different trends and volatility levels than seasonal norms suggest.

Dollar Ready to Take Advantage of Market Unease But Rates at Risk

Posted: 28 Nov 2014 05:19 PM PST

Like the US equities, the US Dollar reached to for a fresh high to close out this past week.

AUD Exposed To Further Declines As Yield Advantage Erodes

Posted: 28 Nov 2014 04:38 PM PST

The Australian Dollar remains vulnerable after sliding to a fresh 2014 low as a jump in volatility and a declining yield advantage stand to weigh on the currency.

British Pound Looks to Key Data as it Nears Significant Low

Posted: 28 Nov 2014 04:35 PM PST

The British Pound finished lower for the sixth-consecutive trading week versus the US Dollar, and a busy week of economic event risk ahead points to GBP volatility and potential losses.

Strategy Video: Don’t Be Lulled by the Comfort of Consensus

Posted: 28 Nov 2014 04:22 PM PST

When a market keeps rising, complacency and status quo can work in our favor.

Beware Risk Trends as Traders Question Oil Market’s Implications

Posted: 28 Nov 2014 03:15 PM PST

Trading conditions in the market's most exaggerated benchmarks seemed to settle this past week.

Beware Risk Trends as Traders Question Oil Market’s Implications

Posted: 28 Nov 2014 03:15 PM PST

Trading conditions in the market's most exaggerated benchmarks seemed to settle this past week.

Aussie Breaks Big Support...Again

Posted: 28 Nov 2014 05:30 AM PST

Weekly Close in AUD/USD Should Prove Key...

EUR/USD Rebound Post-EZ CPI a Preview for ECB Next Week?

Posted: 28 Nov 2014 04:40 AM PST

A breakdown of today's Euro-Zone CPI data is key for policymakers ahead of next week's ECB meeting.

GBP/USD Dark Cloud Cover Turns Risks Lower From 1.5800

Posted: 28 Nov 2014 02:24 AM PST

GBP/USD’s pullback from the 1.5800 barrier has left a Dark Cloud Cover formation in its wake.

EUR/USD Returns Gaze To Recent Lows Amid Void Of Bullish Patterns

Posted: 28 Nov 2014 02:22 AM PST

EUR/USD has retreated from the psychologically-significant 1.2500 handle after it was left with little fuel from bullish candlestick patterns.

AUD/USD Doji Duo Signals Bulls’ Reluctance To Return

Posted: 28 Nov 2014 02:20 AM PST

AUD/USD has pulled back below the 0.8540 mark leaving a string of Dojis in its path.

USD/CAD to Threaten Bearish Formation as Weak Canada 3Q GDP

Posted: 28 Nov 2014 01:00 AM PST

USD/CAD may make a more meaningful attempt to break out of the bearish structure should Canada’s 3Q GDP report drag on interest rate expectations.

Crude Oil Remains Vulnerable As OPEC Fans Global Supply Glut Concerns

Posted: 27 Nov 2014 10:49 PM PST

Crude may extend its recent declines as OPEC inaction bolsters expectations for ample global supplies, meanwhile a light US docket may afford gold some breathing space.

EUR/USD Risks Fresh Monthly Lows on Dismal Euro-Zone CPI

Posted: 27 Nov 2014 09:00 PM PST

A marked slowdown in the Euro-Zone’s Consumer Price Index (CPI) may spur fresh monthly lows in EUR/USD as it heightens bets for additional ECB support.

Yen May Turn as US Data Outcomes Amplify Year-End Capital Flows

Posted: 27 Nov 2014 06:48 PM PST

The Japanese Yen may rebound from six-year lows as US economic data outcomes fuel Fed rate hike bets, amplifying risk aversion triggered by year-end capital flows.

FX Trading Volumes at KCG Hotspot Mildly Lower by 4% in November

FX Trading Volumes at KCG Hotspot Mildly Lower by 4% in November


FX Trading Volumes at KCG Hotspot Mildly Lower by 4% in November

Posted: 28 Nov 2014 06:45 PM PST

November trading volumes at one of the leading ECN’s have been reported to contract mildly when compared to the previous month’s figures. According to daily trading volumes  reports by KCG Hotspot, the average daily volumes (ADV) traded on the marketplace have …
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The post FX Trading Volumes at KCG Hotspot Mildly Lower by 4% in November appeared first on Forex Magnates.

Swiss Gold Referendum Hardly Worrying Precious Metals Market

Posted: 28 Nov 2014 04:03 PM PST

If the market is indeed a discounting mechanism as most professionals describe it, there is no sense amongst gold traders that the Swiss referendum on Sunday will have any effect on the price of the yellow metal.
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The post Swiss Gold Referendum Hardly Worrying Precious Metals Market appeared first on Forex Magnates.

Recession in Russia Warranted, Russian Ruble and Stock Market Bottom Up

Posted: 28 Nov 2014 12:57 PM PST

Foreign exchange reserves of Russia are at serious risk if oil prices stay low for a protracted period of time and the local currency and stock markets are sending intense warning signals reminding us of 1998.
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The post Recession in Russia Warranted, Russian Ruble and Stock Market Bottom Up appeared first on Forex Magnates.

HKMA-SFC Issue Joint Consultation Conclusions on OTC Derivatives

Posted: 28 Nov 2014 04:05 AM PST

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have jointly published their conclusions on a public consultation on OTC derivatives reporting.
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The post HKMA-SFC Issue Joint Consultation Conclusions on OTC Derivatives appeared first on Forex Magnates.

[Snippet] Monex Group's Clients Gain Live Access to tradable Accounts

Posted: 28 Nov 2014 04:03 AM PST

Breaking: New Zealand FMA’s Phase Two Slated to Take Effect, Major Shift Coming?

Posted: 28 Nov 2014 01:58 AM PST

Phase two of New Zealand's Financial Markets Authority (FMA) is poised to take effect December 1, ushering in a new era of capital markets and financial services laws that will revamp investor disclosure.
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The post Breaking: New Zealand FMA's Phase Two Slated to Take Effect, Major Shift Coming? appeared first on Forex Magnates.

FFAJ Releases Quarterly Figures, Trading Volume Jumps 27.7% QoQ

Posted: 28 Nov 2014 12:49 AM PST

The FFAJ has released its Quarterly statistic report on domestic and international transactions for the Q2 (July – September 2014), highlighted by a 27.7% jump in on-exchange trading volume.
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The post FFAJ Releases Quarterly Figures, Trading Volume Jumps 27.7% QoQ appeared first on Forex Magnates.

[Snippet] ASX Successfully Acquires 49% Shareholding Stake In Yieldbroker for $65 Million

Posted: 27 Nov 2014 11:28 PM PST

Thursday, November 27, 2014

Jewellery Firm Modern Settings Files Lawsuit Against Global Banks for Metals Fixing

Jewellery Firm Modern Settings Files Lawsuit Against Global Banks for Metals Fixing


Jewellery Firm Modern Settings Files Lawsuit Against Global Banks for Metals Fixing

Posted: 27 Nov 2014 12:45 PM PST

The world's largest banks are believed to be involved in manipulating the price of two key precious metals contracts. Modern Settings, a US-based jeweller has filed a lawsuit against global institutions for Platinum and Palladium fixing.
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The post Jewellery Firm Modern Settings Files Lawsuit Against Global Banks for Metals Fixing appeared first on Forex Magnates.

Exclusive: Over $5 Million Paid for Invest.com by Israeli VC to Enter the Forex Business

Posted: 27 Nov 2014 12:41 PM PST

Tel Aviv headquartered "super angel investor" fund, led by Moshe Hogeg the CEO of Mobli, set a new price record for forex related website domains, more than doubling Investing.com's $2.45 Million in 2012.
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The post Exclusive: Over $5 Million Paid for Invest.com by Israeli VC to Enter the Forex Business appeared first on Forex Magnates.

Products Galore and What Is New at the Forex Magnates London Summit

Posted: 27 Nov 2014 11:59 AM PST

There was no shortage of new products on display at last week's Forex Magnates London Summit. Today we take a look at some of the innovation and how it fits with trends and needs in the forex industry.
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The post Products Galore and What Is New at the Forex Magnates London Summit appeared first on Forex Magnates.

Skrill Group Acquires Ukash Expanding its Secure Prepaid Payments Solutions

Posted: 27 Nov 2014 10:56 AM PST

The prepayment market is a key area of focus for the UK based company and going forward the new acquisition subject to final regulatory approvals is going to boost Skrill's position on a global scale.
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The post Skrill Group Acquires Ukash Expanding its Secure Prepaid Payments Solutions appeared first on Forex Magnates.

Euronext Chooses the Milky Way, Launches New Dairy Derivatives

Posted: 27 Nov 2014 10:43 AM PST

Euronext exchange has announced an addition to its offering, launching a comprehensive dairy derivatives complex which is slated for Spring 2015, pending regulatory review.
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The post Euronext Chooses the Milky Way, Launches New Dairy Derivatives appeared first on Forex Magnates.

Hello Markets Has Obtained a CIF License from CySEC

Posted: 27 Nov 2014 10:15 AM PST

With the regulatory landscape for binary options growing, Hello Markets is the latest company to have obtained Cyprus Investment Firm authorization with CySEC through its subsidiary 1 Financial Rod LTD.
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The post Hello Markets Has Obtained a CIF License from CySEC appeared first on Forex Magnates.

[Snippet] Dukascopy Bank Sets-up Representative Office in Malaysia's Capital City

Posted: 27 Nov 2014 10:11 AM PST

Analysis: FX Volatility to Remain Ample after Post-Thanksgiving Recess

Posted: 27 Nov 2014 08:48 AM PST

As 2014 is drawing to a close we are identifying potential volatility factors which will affect the markets going forward and won't let the usual quiet trading environment after Thanksgiving take over.
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The post Analysis: FX Volatility to Remain Ample after Post-Thanksgiving Recess appeared first on Forex Magnates.

Binary Broker Ventures with the FCA After Claiming Audit by a Venture Capital Firm

Posted: 27 Nov 2014 07:24 AM PST

Fraudsters continue their ventures, as the UK Financial Conduct Authority has issued a public warning about binary options brokerage Mayfair23 claiming to be audited by UK venture capital firm Scottish Equity Partners.
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The post Binary Broker Ventures with the FCA After Claiming Audit by a Venture Capital Firm appeared first on Forex Magnates.

Alpari UK Trading Volumes Stabilize Further in October, Ticking up 2%

Posted: 27 Nov 2014 06:35 AM PST

A cash-back promotion lasting throughout the second half of the month in tandem with increasing interest in trading precious metals has contributed to a solid month at Alpari UK despite increasing competition.
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The post Alpari UK Trading Volumes Stabilize Further in October, Ticking up 2% appeared first on Forex Magnates.

London Capital Group’s Executive Chairman Buys 1.16% of the Company’s Float

Posted: 27 Nov 2014 01:52 AM PST

Aside from the capital injection from Charles-Henri Sabet led GLIO Holdings, he is committing personal resources into the company's future involving the merger of traditional voice broking with electronic trading.
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The post London Capital Group’s Executive Chairman Buys 1.16% of the Company’s Float appeared first on Forex Magnates.

Video: The Swiss Gold Vote and the EURCHF

Video: The Swiss Gold Vote and the EURCHF


Video: The Swiss Gold Vote and the EURCHF

Posted: 27 Nov 2014 01:22 PM PST

We have one full trading day left to assess the risk in a EURCHF exposure before Sunday's Gold Referendum vote in Switzerland.

Video: Euro Faces Another Round of Data, Oil Collapses

Posted: 27 Nov 2014 01:14 PM PST

Holiday conditions in one region of the global financial system does not mean volatility and trend development is disarmed. Oil proved the markets are still very active

Crude Oil Declines after OPEC Meeting

Posted: 27 Nov 2014 11:42 AM PST

After a reportedly tense debate, the world’s largest collective oil producer announced it would not cut production. The result was crude’s biggest one-day drop in three years.

USD/JPY Slips Below Support After Dojis Signaled Bulls’ Reluctance

Posted: 26 Nov 2014 11:11 PM PST

USD/JPY has slipped below the 117.90 support level after a string of Dojis suggested hesitation from traders to lead the pair higher.

USD/CAD Whipsaw Leaves An Inverted Hammer Formation In Its Path

Posted: 26 Nov 2014 11:09 PM PST

USD/CAD continues to struggle sub the 1.1280/5 mark with recent bullish patterns failing to find follow-through.
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NZD/USD Bullish Engulfing Pattern Awaiting Confirmation

Posted: 26 Nov 2014 11:07 PM PST

NZD/USD’s latest bounce has left a Bullish Engulfing pattern in its wake. If confirmed by a successive up-session it may herald a revisit of the recent highs near 0.8000.

GBP/USD Awaiting Clearer Guidance Near Range-Top

Posted: 26 Nov 2014 11:03 PM PST

GBP/USD is kissing key resistance at the 1.5800 handle with a void of reversal candlesticks clouding the outlook for the pair.

Euro Vulnerable as German CPI, Draghi Commentary Looms Ahead

Posted: 26 Nov 2014 09:56 PM PST

The Euro may face renewed selling pressure as a soft set of German inflation figures and dovish comments from ECB President Draghi drive stimulus expansion bets.

EUR/USD Awaiting Reversal Pattern Near 1.2500 To Signal A Turn

Posted: 26 Nov 2014 09:48 PM PST

EUR/USD’s slow grind higher has endured, yet a lack of key bullish reversal patterns makes a more sustained recovery questionable

AUD/USD Rebound Sees A Morning Star Pattern Take Shape

Posted: 26 Nov 2014 09:38 PM PST

AUD/USD’s small rebound has produced a Dragonfly Doji on the daily which is threatening to evolve into a bullish Morning Star formation.

Crude Crumbles On OPEC Inaction Speculation, Silver Slips

Posted: 26 Nov 2014 09:22 PM PST

WTI has slipped to a fresh 2014 low ahead of the much-anticipated OPEC pow-wow, while the precious metals are facing heightened volatility on thin trading conditions.

Euro Heading Into Turbulent Fundamental Seas

Posted: 26 Nov 2014 08:44 PM PST

The effects of a drained US market session on a global FX marketwill be weighed by Euro traders in the upcoming session.

Gold Reversal May Be at Hand, Crude Oil Back on the Defensive

Posted: 26 Nov 2014 08:12 PM PST

Gold may have initiated resumption of its long-term down trend while crude oil prices are back on the defensive following a brief corrective bounce.

Wednesday, November 26, 2014

US Dollar Technical Analysis: Prices Drop Most in 3 Weeks

US Dollar Technical Analysis: Prices Drop Most in 3 Weeks


US Dollar Technical Analysis: Prices Drop Most in 3 Weeks

Posted: 26 Nov 2014 07:02 PM PST

Trading Video: On Volatility Watch with Euro and Yen Crosses

Posted: 26 Nov 2014 06:45 PM PST

The US liquidity drain is upon us; and with this major session's absence, there will be a sizable fire break in the 'risk' theme.

Strategy Video: When to Go for the Short-Term or Long-Term Trade

Posted: 26 Nov 2014 06:33 PM PST

There is never one opportunity to be found in the market.

EUR/USD Technical Analysis: 8-Week Down Trend Challenged

Posted: 26 Nov 2014 05:06 PM PST

USD/JPY Technical Analysis: Support Now Below 117.00

Posted: 26 Nov 2014 05:06 PM PST

USD/CHF Technical Analysis: Monthly Uptrend Under Fire

Posted: 26 Nov 2014 04:35 PM PST

GBP/USD Technical Analysis: 1-Month Down Trend Broken

Posted: 26 Nov 2014 04:35 PM PST

EUR/GBP Technical Analysis: Familiar Range Remains in Play

Posted: 26 Nov 2014 04:14 PM PST

USD/CAD Technical Analysis: Long Trade Sought on Pullback

Posted: 26 Nov 2014 04:14 PM PST

NZD/USD Technical Analysis: Kiwi Rebound Hinted Ahead

Posted: 26 Nov 2014 04:05 PM PST

AUD/USD Technical Analysis: Support Found Below 0.85

Posted: 26 Nov 2014 04:05 PM PST

GBP/JPY Technical Analysis: Treading Water Below 187.00

Posted: 26 Nov 2014 03:52 PM PST

EUR/JPY Technical Analysis: Flat-Lining Near 147.00 Figure

Posted: 26 Nov 2014 03:52 PM PST

SGD Looks Ahead of October Figures

Posted: 26 Nov 2014 02:04 PM PST

SGD Remains Unchanged Following EDB Announcement

EURJPY Correction to Favor Short Scalp Entries Sub-1.48

Posted: 26 Nov 2014 11:47 AM PST

EURJPY reacted off key resistance last week with the recent rally vulnerable while below the 1.48-handle. Here are the updated targets & invalidation levels.

USD/ZAR Approaches Support on Upturned Business Confidence

Posted: 26 Nov 2014 10:22 AM PST

Following the SARB’s decision to hold interest rates steady, business confidence and GDP have exhibited growth sending the USDZAR towards price channel support.

EUR/USD Rebound Vulnerable to Slowing German, Euro-Zone CPI

Posted: 26 Nov 2014 09:15 AM PST

The near-term rebound in EUR/USD may fail to carry into December as the weakening outlook for euro-area inflation dampens the appeal of the single currency.

Bullish US Dollar Undermined by Shaky October Durable Goods Orders

Posted: 26 Nov 2014 06:30 AM PST

This morning’s top economic report generates mixed US Dollar sentiment.

Price & Time: December Dollar Surprise?

Posted: 26 Nov 2014 05:00 AM PST

Big test here for USD...

EUR Short Covering Elusive as More Talk of QE Inspires Bears

Posted: 26 Nov 2014 04:10 AM PST

Fundamental pressures are preventing key technical levels from being achieved by Euro bulls.

EUR/USD Risks Larger Rebound on Dismal U.S. Durable Goods Orders

Posted: 26 Nov 2014 12:00 AM PST

Another decline in orders for U.S. Durable Goods may spur a more meaningful rebound in EUR/USD as it dampens the fundamental outlook for the world’s largest economy.

USD/JPY Clings To Key Level As The Parade Of Dojis Persists

Posted: 25 Nov 2014 10:38 PM PST

USD/JPY is clinging to the 117.90 level of support/resistance with a parade of Dojis denoting indecision from traders.

USD/CAD Piercing Line Pattern Falls Flat As Intraday Whipsaws Endure

Posted: 25 Nov 2014 10:36 PM PST

USD/CAD’s most recent Piercing Line pattern has failed to find confirmation from a successive up-day.

NZD/USD Grind Lower May Continue With Key Reversal Signals Lacking

Posted: 25 Nov 2014 10:31 PM PST

NZD/USD remains devoid of bullish candlesticks signals, which may in turn leave its slow downward drift to continue.

GBP/USD Doji On The Daily Denotes Indecision As Range Endures

Posted: 25 Nov 2014 10:25 PM PST

GBP/USD’s sideways range endures with a Doji on the daily suggesting traders remain indecisive on the pair.