EURJPY – Euro Sighting Gains Vs Japanese Yen Towards 124.00

EURJPY – Euro Sighting Gains Vs Japanese Yen Towards 124.00 Key Highlights The Euro moved higher against the Japanese yen after testing the 121.50-60 support. The EURJPY pair recovered, and broke a couple of bearish trend line on the 4-hours chart at 122.50 and 122.65 for further gains. Today, the German GfK Consumer Confidence will be released, which is forecaste...
Read More

Trading Conditions over the US Presidential Election

Trading Conditions over the US Presidential Election As we discussed last week, the US Presidential Election is set to take place on Tuesday, 8th November 2016. Traders should be aware that financial markets will be impacted by the US election. Whilst big events like elections provide opportunities for traders, they also amplify risk. Traders should be aware of potential ch...
Read More

US Presidential Election: Here Is How You Can Plan Trading In Forex Market

US Presidential Election: Here Is How You Can Plan Trading In Forex Market (US Dollar, Japanese Yen and Others) One of the most awaited events of this year is round the corner, as on 8th November 2016, the financial market and investors will be keeping a close watch on the 2016 presidential elections in the USA. In a few days, we will know the next president. There are two can...
Read More

USDJPY – Dollar Yen Awaits Economic Data; More Losses Eyed?

USDJPY – Dollar Yen Awaits Economic Data; More Losses Eyed? Key Highlights The US Dollar suffered losses recently, as it traded below the 104.00 support against the Japanese yen. There were two trend lines break noted on the 4-hours chart of USDJPY, which ignited a downside move towards 103.00. The US Initial Jobless Claims will be released by the US Department of...
Read More

Brexit Math – Why Markets Fear? Is It Good or Bad For UK and EU?

Brexit Math – Why Markets Fear? Is It Good or Bad For UK and EU? Brexit, one of the most awaited events this financial year, is approaching. The UK electorate will decide whether the United Kingdom should remain in the European Union or not on 23 June 2016, as per the European Union Referendum Act 2015 (c. 36) which allows a provision for the holding of a referendum. In addi...
Read More

FOMC announces interest rate

Fed to Increase Rates and End its 7-year Crisis? Almost all financial institutions and central banks around the world are waiting for a very important economic event scheduled for the upcoming Wednesday,December 16th 2015. The Federal Open Market Committee (FOMC) will announce the interest rate. There has been a long buildup and many experts and financial institutions are expe...
Read More