The following guest post is courtesy of ATFX Global Chief Market Strategist Alejandro Zambrano. The US Dollar is coming back strongly, and in the last few days, the greenback has managed to breakthrough several critical levels against Gold, New Zealand Dollar, Swiss Franc, and British Pound. Overall, the last few days price action suggests to me…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 23, 2019. EURUSD The Euro closed higher on Monday, closing at 1.1259(+15 pips) against the greenback as the Wall Street opened in the red, although the three main indexes bounced from their early lows, unable anyway…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 18, 2019. EUR/USD EUR strengthened on Wednesday on the back of better-than-expected economic growth data coming out of China, this bolstered the risk appetite as other risk-on currencies rallied also. The data confirmed that China's economy…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 16, 2019. EURUSD The Euro closed where it opened on Monday, closing at 1.1302 against the greenback. Initially, the pair rose up to 1.1320 at the beginning of the day, as risk-on mood from late last…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 15, 2019. EURUSD The Euro closed higher on Friday, closing at 1.1297(+38 pips) against the greenback. Sronger risk appetite boosted the EUR on Friday. The American dollar came under selling pressure amid resurgent risk appetite, which…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for April 12, 2019. EURUSD The Euro closed lower on Thursday, closing at 1.1261(-14 pips) against the greenback. The American dollar advanced across the FX board, as better-than-expected data leaned the scale in its favor ahead of…
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ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 12, 2019. Forex The Euro is showing strength against the Dollar, in early Friday trading. This is the result of a growing risk appetite in the markets, following encouraging figures related to the growth of Chinese exports which in turn supports the…
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The following article was written by ATFX Chief Market Strategist. Alejandro Zambrano. Forex markets are quiet, and even more so the EURUSD. Since March 28, the price has been oscillating around the 1.1220 level in a 71-pip range and using the daily Average True Range indicator (14), we need to go back to September 2014…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: The British Parliament plans to vote on the draft Brexit agreement tomorrow, but the draft is expected to be finally rejected. The British Prime Minister indicated that if the draft is rejected, it will be delayed until the March…
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The following article was written by Retail FX broker FXTM, authorised and regulated in different jurisdictions under CySEC, FSCA, FCA and IFSC. The article includes an outlook for Q1 2019, separated by instruments by Jameel Ahmad, Global Head of Currency Strategy and Market Research at FXTM, Lukman Otunuga, Research Analyst at FXTM, and Hussein Sayed, Chief Market Strategist…
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