Tuesday, May 31, 2016

Video: Trading Conflicting Views on EUR/USD, GBP/USD, USD/JPY

Video: Trading Conflicting Views on EUR/USD, GBP/USD, USD/JPY


Video: Trading Conflicting Views on EUR/USD, GBP/USD, USD/JPY

Posted: 31 May 2016 06:11 PM PDT

If you have a long-term or big-picture trade on a currency pair, does that preclude taking conflicting opportunities that arise on the short-term?

Pound Tumbles On Brexit Poll, EUR/USD and AUD/USD Antsy at 200DMA

Posted: 31 May 2016 05:55 PM PDT

Top mover in the FX market this past session was the British Pound. GBP/USD posted its biggest single day drop in 10 weeks and many of the Sterling crosses have pressured or are nearing critical technical levels.

Slowing Australia GDP to Spur AUD/USD Losses, Bets for RBA Rate-Cut

Posted: 31 May 2016 02:00 PM PDT

Signs of a slowing recovery in Australia may drag on AUD/USD as it fuels speculation for another RBA rate-cut in 2016.

WTI Crude Oil Price Forecast: Heading For Four Straight Months of Gains!

Posted: 31 May 2016 12:00 PM PDT

WTI Crude Oil (CFD: US Oil) Is Stalling Near $50/bbl While Setting Up For a Big Week of Data Points, Including Thursday’s OPEC Meeting.

The USD/JPY Prepares for a Breakout

Posted: 31 May 2016 11:35 AM PDT

Traders begin planning for a breakout as the USD/JPY is set to close today with an inside bar.

Drilling Around the Dollar: USD Price Action Setups

Posted: 31 May 2016 11:31 AM PDT

USD is in the spotlight as we delve into a heavy week of data releases. In this webinar, we look at setups on either side of the greenback.

US DOLLAR Technical Analysis: Another Monthly Opening Range Worth Watching

Posted: 31 May 2016 10:40 AM PDT

After An Amazing Month of May, US Dollar Traders Are Rightfully Asking, What’s Next?

AUD/USD Rebound to Face Australian GDP- Resistance at the Yearly Open

Posted: 31 May 2016 10:35 AM PDT

Aussie has responded to slope support with the rally at risk heading into key Australian data tonight. Here are the updated targets & invalidation levels that matter.

USD/CAD Momentum Turns Higher on GDP Data

Posted: 31 May 2016 09:05 AM PDT

The USD/CAD has surged higher this morning, after an initial decline to daily lows at 1.3017. Find latest trading points with the Grid Sight Index.

USD/CAD Eyes Range Resistance as 1Q Canada GDP Disappoints

Posted: 31 May 2016 08:40 AM PDT

USD/CAD appears to be making another attempt to test the April high (1.3218) as Canada’s 1Q Gross Domestic Product (GDP) report falls short of market forecast.

CAC 40 Stalls at Resistance

Posted: 31 May 2016 07:30 AM PDT

After advancing for 6 consecutive sessions, the CAC 40 stalls at resistance.

US Dollar Moves to Support Ahead of Heavy Dose of Data

Posted: 31 May 2016 06:49 AM PDT

May brought on a stark turn-around in the US Dollar down-trend, and as we trade into June, it appears increasingly likely that USD has found a new theme of strength.

S&P 500: Current Landscape Warrants ’Wait-and-See’ Mode

Posted: 31 May 2016 04:16 AM PDT

Silver Prices Testing Support, Trend Lower Remains Strong

Posted: 31 May 2016 02:58 AM PDT

EUR/USD Unfazed as Unemployment and Inflation Fail to Surprise

Posted: 31 May 2016 02:37 AM PDT

The Euro was little changed versus other majors after today's inflation and unemployment data came in line with expectations

DAX 30: Breaks Trend-line, Looking to Support on Dips

Posted: 31 May 2016 01:52 AM PDT

AUD/USD Positioning and Sentiment Ahead of Australian GDP Data

Posted: 30 May 2016 11:35 PM PDT

The Australian Dollar may decline if first-quarter GDP figures fall short of expectations, fueling RBA interest rate cut speculation.

Nikkei 225 Technical Analysis: Index Gathering Momentum

Posted: 30 May 2016 10:52 PM PDT

The Nikkei 225 broke above the short term 17,000 technical level and now appears to be gathering upside momentum

Gold Prices Attempt Bounce, Follow-Through Depends on US Data

Posted: 30 May 2016 09:52 PM PDT

Gold prices are attempting to stage a recovery after a nine-day losing streak but follow-through depends on the impact of upcoming US PCE data on Fed rate hike expectations.

Forecast - Will Volatility Turn to Trend for Dollar, Equities?

Posted: 30 May 2016 09:10 PM PDT

Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading.

Pound Gains After Latest Brexit Poll, US Dollar Eyeing PCE Data

Posted: 30 May 2016 08:48 PM PDT

The British Pound traded higher after the latest polling data weighed against “Brexit” fears. The US Dollar is looking to PCE figures to inform Fed rate hike speculation.

Australian Dollar Rallies as Building Approvals Beat Estimates

Posted: 30 May 2016 07:52 PM PDT

The Australian Dollar rallied against its major peers after Australian building approvals beat expectations. A surge in front-end government bond yields suggests ebbing RBA rate cut bets.

AUD/USD Technical Analysis: Short Trade Targets Sub-0.71

Posted: 30 May 2016 07:14 PM PDT

The Australian Dollar is digesting losses in a narrow range after touching the lowest level in nearly three months against its US counterpart.

SWIFT Rolls Out New Customer Security Program Following Recent Breach

SWIFT Rolls Out New Customer Security Program Following Recent Breach


SWIFT Rolls Out New Customer Security Program Following Recent Breach

Posted: 31 May 2016 11:43 AM PDT

SWIFT's has issued a five-point plan to fortify security measures across its network.

Tullett Prebon Becomes First Firm To Send SEF Trade For Clearing In Japan

Posted: 31 May 2016 11:28 AM PDT

The trade is a new era for SEF clearing in Japan demonstrating that seamless connectivity is now a reality.

BNY Mellon’s HedgeMark Integrates Axioma Risk to Fortify Reporting Needs

Posted: 31 May 2016 09:54 AM PDT

HedgeMark has implemented Axioma Risk across its business, helping streamline its daily reporting capabilities.

Tullett Prebon Secures Alastair Sword as its Head of Alt Investments

Posted: 31 May 2016 08:43 AM PDT

Alastair Sword joins Tullett Prebon's London unit as its Head of Alternative Investments.

PayPal Suspends Activities in Turkey Following Regulatory Impasse

Posted: 31 May 2016 07:25 AM PDT

PayPal is suspending all its activities in the country on June 6 following a new rule from Turkish regulators.

MetaTrader 5 Platform Garners Usage Amongst Top Brokers in Pakistan

Posted: 31 May 2016 06:58 AM PDT

MT5 is currently being utilized by some of the leading brokers in Pakistan, less than two years after launching in the country.

Ex-Skrill VP Joe Hall Joins eToro as Managing Director of Business in UK

Posted: 31 May 2016 05:49 AM PDT

Joe Hall, ex-Skrill VP with payments and iGaming expertise is appointed to eToro.

CySEC Announces €180,000 Tender for Crisis Management Services

Posted: 31 May 2016 04:39 AM PDT

The Cypriot regulator has announced a public tender looking for a communications and media relations service.

Brexit – the Big Picture

Posted: 31 May 2016 04:16 AM PDT

In our business, confidence is everything. Uncertainty kills confidence.

Canadian Regulator BCSC Issues Warning About Ava Trade

Posted: 31 May 2016 03:51 AM PDT

Ava Trade is the latest broker to be flagged by the BCSC for advertising its trading platform within its jurisdiction.

Hong Kong’s SFC Fines SynerWealth Financial Ltd $2.7 Million

Posted: 31 May 2016 03:51 AM PDT

The SFC penalises another financial services provider for failing to report deficiencies in its trading system.

FlexTrade to Stream Institutional Research in its EMS from RSRCHXchange

Posted: 31 May 2016 03:18 AM PDT

Institutional research from RSRCHXchange to stream to FlexTRADER EMS users.

Deutsche Börse Seals Market Data Partnership With Taiwan Futures Exchange

Posted: 31 May 2016 01:31 AM PDT

Deutsche Börse will act as licensor of TAIFEX market data to expand international client base and attract foreign investors.

Flat6Labs Synergy with UAE Regulator to Support Fintech in Abu Dhabi

Posted: 31 May 2016 01:16 AM PDT

Abu Dhabi Global Market regulator FSRA inks MoU with Flat6Labs for fintech.

Chinese Stock Futures Plunge By Daily Limit In 60 Seconds

Posted: 31 May 2016 12:45 AM PDT

The unexplained drop comes soon after a similar move in Hong Kong with investigations due to commence.

IG Expects FY Earnings Slightly Ahead of Forecast from Robust Q4 Results

Posted: 31 May 2016 12:22 AM PDT

IG sees full-year earnings improve as its financial year ends today.

Crude Oil Retreats After Reaching ‘Magic’ Number

Posted: 31 May 2016 12:13 AM PDT

Longer-term traders cite the global supply glut as one reason why prices are unsustainable over $50.

FFAJ Q4 Report Shows FX Volumes in Japan Rose During Start of 2016

Posted: 30 May 2016 11:15 PM PDT

FFAJ data sees FX volumes up in Japan through March 31st from prior quarter.

Monday, May 30, 2016

Spain’s CNMV Warns The Public Against Unregulated Firm Trading Forex

Spain’s CNMV Warns The Public Against Unregulated Firm Trading Forex


Spain’s CNMV Warns The Public Against Unregulated Firm Trading Forex

Posted: 30 May 2016 12:11 PM PDT

CNMV has issued a warning against Trading Forex, adding it to the list of entities forbidden to solicit their services.

France’s AMF Appoints Franck Guiader to Head New Fintech Regulatory Division

Posted: 30 May 2016 11:09 AM PDT

AMF's Fintech, Innovation and Competitiveness (FIC) division opens June 1st.

EY Auction of Seized Bitcoins Worth $13m Points to Silk Road

Posted: 30 May 2016 09:14 AM PDT

Ernst & Young to help sell 24518 confiscated bitcoins seized in Australia.

iFOREX Gives Up on Israeli Licensing Process, Leaves the Market

Posted: 30 May 2016 07:28 AM PDT

Clients of iFOREX in Israel are requested to close all positions by Monday, June 6th.

French Regulator Warns Against Four Unregulated Forex Firms

Posted: 30 May 2016 05:46 AM PDT

France's AMF and ACPR warn the public against doing business with these companies.

Intel to Launch a New FinTech Innovation Lab in Tel Aviv

Posted: 30 May 2016 05:14 AM PDT

The new Intel fintech lab in Tel Aviv will focus on blockchain, Internet of Things (IoT) and biometrics.

SFC Fines Hong-Kong Based Guotai Junan Securities $1.3 million

Posted: 30 May 2016 04:45 AM PDT

Hong Kong's SFC imposes fine for failure to comply with its regulatory requirements regarding client identity.

Weekly Trade Ideas: AUD/USD, Gold, Oil and S&P500

Posted: 30 May 2016 04:08 AM PDT

AUD/USD continues to lose ground, S&P500 strength continues, gold key support levels in play, oil approaching key resistance.

China’s Ping An Joined R3 Blockchain Consortium

Posted: 30 May 2016 04:02 AM PDT

Ping An became the first Chinese institution to join R3 distributed ledger consortium.

The Financial Commission Adds Broctagon IT Solutions to its Membership

Posted: 30 May 2016 03:06 AM PDT

Broctagon IT Solutions marks the start of a new wave of applicants from the binary options industry to join the commission.

Dubai Selects Blockchain Tech for Tourism Loyalty Points

Posted: 30 May 2016 03:06 AM PDT

The Loyyal-developed program already includes a local airline and other Dubai firms.

June – a Hot Month for Traders?

Posted: 30 May 2016 01:55 AM PDT

June has all the necessary ingredients to be a month full of action.

Japan’s Kanto Bureau Warns Against HighTrade FX

Posted: 30 May 2016 12:46 AM PDT

Kanto Bureau has issued a warning to the public that HighTrade FX is not authorised to solicit Japanese investors.

The Three Best Ways to Promote your Content

Posted: 29 May 2016 11:51 PM PDT

How do you get your content read by your audience?

USD/JPY Tempts Break, Liquidity Returns with EUR/USD at 200DMA

USD/JPY Tempts Break, Liquidity Returns with EUR/USD at 200DMA


USD/JPY Tempts Break, Liquidity Returns with EUR/USD at 200DMA

Posted: 30 May 2016 05:41 PM PDT

Holiday trading conditions kept most of the key technical boundaries - like the EUR/USD 200-day moving average as support - in place.

EUR/GBP Technical Analysis: Digesting Near 4-Month Low

Posted: 30 May 2016 05:26 PM PDT

The Euro is consolidating in a narrow range against the British Pound after falling to the lowest level in nearly four months.

EUR/USD Technical Analysis: Euro Rebound Hinted Ahead

Posted: 30 May 2016 04:51 PM PDT

The Euro continues to edge lower against the US Dollar, with prices descending to the lowest level in over two months having topped as expected near 1.16.

Video: Keeping Track of Deeper Fundamental Currents for the Euro

Posted: 30 May 2016 04:35 PM PDT

It may be difficult to envision for one of the most battered fundamental currencies among the majors over the past years, but eventually the Euro will start to gain in anticipation of a monetary policy reversal.

Elliott Wave Patterns: What is a Zigzag?

Posted: 30 May 2016 07:11 AM PDT

This Elliott Wave pattern is a foundational pattern to uncovering an Elliott Wave count. Learn what the idealized pattern looks like.

EUR/USD Unfazed as Eurozone Economic Sentiment Edges Higher

Posted: 30 May 2016 02:45 AM PDT

The Euro was little changed versus the US Dollar after today's Eurozone Economic Confidence figures improved

Will US Jobs Data Cement June Fed Rate Hike Chances?

Posted: 29 May 2016 11:08 PM PDT

The US Dollar will face a critical test of its new-found strength in the week ahead as pivotal economic data crosses the wires.

ASX 200 Technical Analysis: Index Above Key Levels

Posted: 29 May 2016 10:32 PM PDT

The ASX 200 has closed above key resistance levels and now appears to be looking for further conviction to resume longer term up trend

Yen Falls as Stocks Rise, Canadian Dollar Tracks Crude Oil Lower

Posted: 29 May 2016 10:31 PM PDT

The Japanese Yen fell as stocks advanced, denting demand for the anti-risk currency, while the Canadian Dollar followed crude oil prices downward.

Crude Oil Prices May Fall in Pre-Positioning for OPEC Meeting

Posted: 29 May 2016 08:35 PM PDT

Crude oil prices may begin to make good on bearish technical cues amid pre-positioning for an OPEC meeting unlikely to bring agreement on an output freeze.

Japanese Yen Little Moved by Unchanged Jobless Rate

Posted: 29 May 2016 05:54 PM PDT

The Japenese Yen saw little movement after Japan’s jobless rate crossed the wires unchanged from last month, holding at 3.2 percent.

Sunday, May 29, 2016

NZD/USD Technical Analysis: 3-Week Range Floor Broken

NZD/USD Technical Analysis: 3-Week Range Floor Broken


NZD/USD Technical Analysis: 3-Week Range Floor Broken

Posted: 29 May 2016 05:56 PM PDT

The New Zealand Dollar pushed through long-standing range support above the 0.67 figure against its US namesake, hinting at deeper losses ahead.

Getting Ready for Brexit Volatility and the Forex Champions League

Getting Ready for Brexit Volatility and the Forex Champions League


Getting Ready for Brexit Volatility and the Forex Champions League

Posted: 29 May 2016 06:00 AM PDT

CMC Markets, NetDania, Saxo Bank and more are among the firms that appeared in last week's top stories.

Get Ready, the Finance Magnates TLV Conference is Just a Month Away!

Posted: 29 May 2016 03:48 AM PDT

You don't need to be a master mentalist to know what everyone is thinking: the TLV Conference is unmissable!

Bitcoin Market Cap Above $8 Billion as Price Crosses $520

Posted: 29 May 2016 02:07 AM PDT

A year ago the BTC/USD exchange rate was $237 and the total market cap of Bitcoin was just $3.3 billion.

Trading Places: the Week of the Big Lenders

Posted: 29 May 2016 12:41 AM PDT

Catch up on the latest senior personnel moves across the financial services industry.

Ebullio Saga Continues As Investor Enforces Judgement

Posted: 29 May 2016 12:31 AM PDT

Enforcement action comes amid greater scrutiny of commodities hedge fund Ebullio's assets

Saturday, May 28, 2016

Brexit for Breakfast: Final Referendum Vote Count Early Morning, June 24th

Brexit for Breakfast: Final Referendum Vote Count Early Morning, June 24th


Brexit for Breakfast: Final Referendum Vote Count Early Morning, June 24th

Posted: 27 May 2016 10:17 PM PDT

Localities will begin reporting their first tallies from 12:30 A.M. on the 24th of June.

World’s Largest Hedge Fund Approved for up to $22 mln Grant in Connecticut

Posted: 27 May 2016 09:39 PM PDT

Ray Dalio's Bridgewater Associates LP which is the largest hedge fund in the world offered cash to remain in Connecticut

Friday, May 27, 2016

Weekly Trading Forecast: NFPs, ECB and Aussie GDP to Combat Expected Slow Start

Weekly Trading Forecast: NFPs, ECB and Aussie GDP to Combat Expected Slow Start


Weekly Trading Forecast: NFPs, ECB and Aussie GDP to Combat Expected Slow Start

Posted: 27 May 2016 06:34 PM PDT

The week ahead is expected to launch with a slow start with US and UK holiday’s curbing speculative ambitions. However, a long list of critical event risk will likely break that spell quickly.

A Late Push for the Dollar from Yellen Puts Bulls on Notice

Posted: 27 May 2016 06:24 PM PDT

We will open the new trading week with the USDollar at a two months high but liquidity curtailed by Monday’s Memorial Day holiday.

Dollar Pushes EUR/USD to Verge of Breakdown Ahead of ECB, NFPs

Posted: 27 May 2016 05:02 PM PDT

Rather than drift off into the weekend with little potential to draw traders' interests; the Dollar roped our attention with a final move that positions us for imminent breakout risk once the markets reopen.

Video: A Fed Hike, Brexit Vote and Oil May Not Allow a Quiet June

Posted: 27 May 2016 04:41 PM PDT

June is historically seen as one of the quietest months for activity in the markets.

Aussie Dollar Selling May Continue as RBA vs. Fed Outlooks Diverge

Posted: 27 May 2016 04:36 PM PDT

The Australian Dollar looks vulnerable to continued losses as the Fed versus RBA monetary policy divergence continues to appear increasingly more pronounced.

Sterling Continues to Strengthen With Brexit Vote a Month Away

Posted: 27 May 2016 04:16 PM PDT

We are now less than four weeks from the vote waited upon around-the-world; and that is the decision that UK voters will tackle on June 23rd that will decide the fate of the continued EU-membership for the United Kingdom.

Gold Prices in Free Fall- Shorts at Risk into NFP

Posted: 27 May 2016 04:11 PM PDT

Gold prices fell for a fourth consecutive week with the precious metal plummeting more than 2.8% to trade at 1215 ahead of the New York close on Friday.

USD/CAD Risks Further Losses on Upbeat Canada GDP, Slowing U.S. NFP

Posted: 27 May 2016 04:07 PM PDT

A pickup in the Canadian economy accompanied by slowing job growth in the U.S. may fuel a near-term decline in USD/CAD as the Bank of Canada (BoC) appears to be moving away from its easing cycle, while the Federal Reserve remains in no rush to further normalize monetary policy.

Japanese Yen Likely to Hit Further Lows Unless Key Data Disappoints

Posted: 27 May 2016 03:58 PM PDT

The Japanese Yen fell for the fourth-consecutive week against the US Dollar and matched its longest losing streak since the USD/JPY traded above ¥121 through late 2014.

Yellen Gives First Public Appearance Following April FOMC Minutes

Posted: 27 May 2016 03:04 PM PDT

After the market moving release of last week’s FOMC minutes, the market seemed more confident that the Fed’s stance on rate hikes was not “if “but rather “when”.

EUR/USD to Mount Near-Term Recover on Sticky CPI, Wait-and-See ECB

Posted: 27 May 2016 09:35 AM PDT

More of the same from the ECB accompanied with signs of stronger inflation may prop up EUR/USD as market participants scale back bets for more easing.

AUD/USD Prepares for Breakout

Posted: 27 May 2016 06:56 AM PDT

The AUD/USD has been consolidating for the last 5 trading sessions, forming a symmetrical triangle.

CAC 40 Approaches Resistance Ahead of Yellen Speech

Posted: 27 May 2016 05:37 AM PDT

The CAC 40 is trading near weekly highs this morning, but is stalling near resistance ahead of Janet Yellens Speech later today.

AUD/USD, EUR/USD Ride Daily 8-EMAs Ahead of GDP, Yellen

Posted: 27 May 2016 05:00 AM PDT

With key events on the US calendar and a three-day weekend ahead, market risk is highest during the North American morning hours today.

Upward Revision to 1Q U.S. GDP to Hamper EUR/USD Rebound

Posted: 27 May 2016 01:00 AM PDT

An upward revision in the 1Q U.S. GDP Report may derail the near-term rebound in EUR/USD as it fuels speculation for an imminent Fed rate-hike.

Nikkei 225 Technical Analysis: Short Term Levels Prevail

Posted: 27 May 2016 12:52 AM PDT

The Nikkei 225 seems lacking in conviction as the index appears to be trading between well-defined short term technical levels

Crude Oil and Gold Prices May Fall on US GDP, Yellen Comments

Posted: 26 May 2016 11:20 PM PDT

Crude oil and gold prices may decline as upgraded first-quarter US GDP figures and hawkish comments from Fed Chair Yellen fuel FOMC rate hike speculation.

US Dollar Gains as G7 Communique Bolsters Fed Rate Hike Bets

Posted: 26 May 2016 09:25 PM PDT

The US Dollar rose after a moderately-worded G7 draft communiqué appeared to pave the way for a near-term interest rate hike from the Federal Reserve.