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…
Read moreFinancial visualization platform TradingView, obviously inspired by a spring cleaning mood, is making its charts clearer. By default, the navigation buttons are now hidden. In case traders want to see those revealed again, they should simply point mouse cursor on where these buttons used to be located. If traders still want to have the buttons…
Read moreSocial trading and market analysis expert Myfxbook has reached a milestone concerning its Android application. The application, which was first launched in October 2014, has passed 100,000 downloads. Myfxbook also notes that the solution ranks number 4 when searching in Google Play for the term ‘Forex’. Myfxbook marks the end of the year with a…
Read more" The impact of the FOMC’s dovishness cannot be underestimated; on June 17th, gold was at the level of 1,175 USD per ounce. By the very next day, it had risen to 1,201 USD per ounce, once again demonstrating its value as a safe-haven investment for when the USD dips" - Jameel Ahmad, Chief Market Analyst at ForexTime
Read moreThe new service is aimed at helping traders determine whether a current market move will continue, based on institutional level data.
Read moreSteven Knight, Research Analyst for Blackwell Global takes a close look at the factors which have caused US crude inventories to wane, and how this could be a temporary situation
Read more"Ultimately, what was a game of chess has now turned into a game of chicken, with Greece driving a Prius and the ECB behind the wheel of a tank. Let’s hope cooler heads prevail and Greece finds a palatable deal at the 11th hour" - Steven Knight, Reseach Analyst, Blackwell Global
Read moreMexico's domestic economy continues to thrive with high manufacturing and oil output and a low commitment to the IMF, with very low external debt. The nation's central bank therefore auctions $52 million per day for three months, to stabilize the peso's value. Yesterday's auction shows steady month for the Mexican currency
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