19 November, 2017 by Aayush Jindal in Economic News
Traders (especially news traders) can find timely information about future events and news announcements organised by date/time, country and impact (previous and potential). The Economic Calendar provided below updates in real time.
You can filter news events by expected impact and effected currency using the checkbox to the right side of the calendar. Select the currencies...
21 February, 2018 by Aayush Jindal in Market Analysis
The British Pound failed to move above 1.4150 this past week against the US Dollar and declined.
There is a crucial bearish trend line forming with current resistance at 1.4080 on the 4-hours chart of GBP/USD.
The UK CBI Industrial Trends Survey Orders Index declined from 14 to 10 in Feb 2018.
Today, the UK Claimant Count Change figure for Jan 2018 ...
20 February, 2018 by Aayush Jindal in Market Analysis
The Euro traded lower recently and declined below 133.00 against the Japanese Yen.
There is a significant declining channel forming with resistance at 132.60 on the 4-hours chart of EUR/JPY.
The Euro Area Construction Output increased 0.1% (seasonally adjusted) in Dec 2017, better than the forecast of -0.7% (MoM).
Today, the German PPI report for Ja...
19 February, 2018 by Aayush Jindal in Market Analysis
The Euro traded higher this past week, but it failed to move above the 1.2550 resistance against the US Dollar.
There is a major bullish trend line forming with support at 1.2380 on the 4-hours chart of EUR/USD.
The US Building Permits rose 7.4% in Jan 2018 (MoM), more than the forecast of 3.5%.
The US Housing Starts grew 9.7% in Jan 2018 (MoM), bet...
19 February, 2018 by Paula Rodriguez in Forex Lifestyle
To achieve success when forex trading, you will need to set up an effective trading plan. In an active market, having a trading plan ensures that all efforts and activities lead towards your trading objective. By building a good system and developing a realistic timetable, forex traders can efficiently reach target goals with a clear direction. This provides more structure and ...
16 February, 2018 by Aayush Jindal in Market Analysis
The US Dollar declined heavily this week and moved below the 108.20 support against the Japanese Yen.
There are two bearish trend lines forming with resistance at 107.40 and 108.10 on the 4-hours chart of USD/JPY.
The US Initial Jobless Claims for the week ending Feb 10, 2018 rose from the last revised reading of 223K to 230K.
The US Industrial Prod...
15 February, 2018 by Aayush Jindal in Market Analysis
Gold price traded higher recently and succeeded in breaking the $1,335 resistance against the US Dollar.
A crucial bearish trend line with resistance at $1,330 was breached on the 4-hours chart of XAU/USD.
The US Consumer Price Index increased 0.5% in Jan 2018, more than the forecast of 0.3% (MoM).
The US Retail Sales declined 0.3% in Jan 2018, comp...
14 February, 2018 by Aayush Jindal in Market Analysis
The British Pound declined recently, but the 1.3760 support prevented further declines against the US Dollar.
There is a major expanding triangle forming with support near 1.3680 on the 4-hours chart of EUR/USD.
The UK Consumer Price Index increased 3% in Jan 2018, more than the forecast of 2.9% (YoY).
In terms of the monthly change, there was a dec...
13 February, 2018 by Aayush Jindal in Market Analysis
After a major decline, the US Dollar found support near 0.9250 against the Swiss Franc.
There was a break above two bearish trend lines with resistance at 0.9290 and 0.9380 on the 4-hours chart of USD/CHF.
The pair needs to move above the 0.9450 resistance to gain upside momentum.
The Swiss Consumer Price Index in Jan 2018 increased 0.7%, less than ...
12 February, 2018 by Aayush Jindal in Company News
Trading times will be modified for several commodities and indices between Friday 16 February and Wednesday 21 February due to upcoming events:
Lunar New Year (Friday 16th February)
Presidents’ Day (Monday 19th February)
Currency market hours will not be impacted. Titan FX will continue to provide 24 hour support throughout this time.
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12 February, 2018 by Aayush Jindal in Market Analysis
The Euro started a fresh downside move this past week and traded below 1.2350 against the US Dollar.
There was a break below a major bullish trend line with support at 1.2400 on the 4-hours chart of EUR/USD.
The pair has to stay above the 1.2180-1.2200 support area to avoid further declines.
The US Wholesale Inventories in Dec 2017 increased 0.4%, c...