AUDJPYDaily-1 Market Trends 

Price Action FX Review – (30.10.2017)

We are starting a new week in the markets. Last one was extremely interesting and there were a lot of investment opportunities. You can read about my positions and new potential entries below: AUD/JPY: Pair reached key support and rebounded from it on Friday. However, there was no buy signal complying with price action (Price Bar, Fakey, Inside Bar) still its worth observing next candles. Maybe an Inside Bar will form today and you can play it depending on the situation, either short or long. EUR/JPY: I regret the missed trade on…

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Eurodollar-14 Market Trends 

Eurodollar Crashes

The ECB has just released the statement for the October policy decision. The decision was as expected, no change to interest rates. What wasn’t expected was a dovish tone to the statement and an extension of QE. The bank has decided to decrease the amount of monthly bond purchases starting January of 2018. The decision will cut bond purchases by 50% to 30 billion Euros and extend the taper of quantitative easing into the 4th quarter of next year and possibly further. The reason for the cut is lackluster inflation…

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iq-option Market Trends 

Forex Market Calendar for Monday 2nd October 2017

A new trading weekly session starts today, the first for the new monthly session of October, with plenty of important economic fundamental data. These are the most important economic events in the forex market calendar for today: European Session Russia Markit Manufacturing PMI Time: 06:00 GMT An increase in the index is positive for the Russian economy and the Rumble indicating an expanding manufacturing sector. Spain Markit Manufacturing PMI Time: 07:15 GMT An in the case of the Russia, a rising figure is positive for the economy of Spain and…

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np Market Trends 

Non-Farm Payrolls (May 2017)

Considered one of the most important employment and economic strength indicators, nonfarm payrolls will be reported at the end of this week for May 2017. The US Bureau of Labor Statistics will release the monthly data on Friday 2nd June 2017 8:30 a.m. EDT as part of its monthly Employment Situation Report.  The Non-farms figure specifically provides the change in the total number of nonfarm payrolls compared to the previous month – representing all jobs except those related to farm work, unincorporated self-employment, and employment by private households, the military…

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ft-3 Market Trends 

8th May Forex Trends

A US dollar rally that never materialize and a Canadian dollar strength due to increasing oil prices were the main trends for last Friday 5th May 2017. US dollar The change for Non-farm payrolls for the month of April 2017 was 211,000 versus an estimate of 185,000, a strong sign that US economy is growing at least for the labor market and there are employment and potential inflation pressures. Change in Private Payrolls was also good with a reading of 194,000 versus estimate of 190,000. The unemployment rate for the…

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eur-17-04 Market Trends 

Is the Euro Move For Real?

The euro dropped 8% in the two months following Donald Trump’s surprise victory. Investors were optimistic that he would pass his campaign promises of tax cuts and infrastructure spending given the Republican Congress and Trump’s popularity within the Republican party. They poured into the dollar and US stocks in anticipation of an acceleration in growth. The euro has clawed back half of these losses as significant legislation has failed to materialize, and US economic figures have disappointed with first quarter GDP downgraded from 3% to 0.5% over the last three…

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jup-6 Market Trends 

USD/JPY How to Trade today’s ADP Employment Change Data?

The US Dollar (USD) inched higher against the Japanese Yen (JPY) on Wednesday, increasing the price of USD/JPY to more than 110.50 ahead of the US ADP Employment Change news. The technical bias remains bullish because of a higher high in the recent upside move. Report to be released today at 12:15 GMT How to Trade today’s ADP Employment Change Data? Buying the USD/JPY call options may be a good strategy if the ADP employment change date comes better than forecast. Alternatively, buying the USD/JPY put options may also be…

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