A look at Dollar Index DXY, EURUSD, AUDUSD, NZDUSD, GBPUSD, WTI and XAUUSD. A common theme – a turning point could be showing up soon seeing how these pairs might be at support.
Look at EURUSD, AUDUSD, HSI and DXY. Despite ‘risk-on’ gap up today, big picture setup hasn’t changed one bit. I think Dollar still up, indices still down.
There is a gap between XAGUSD’s most recent observed support and former 52-week high. A throwback could push price back to former level thereby closing gap. For longs at existing price, that is an over 6% loss, gut wrenching if one is on a leveraged trading account.
Trade ideas following Paris attack-triggered reaction. Discussion on stocks indices, stock sectors, WTI and as well as NZDCAD. Log-in access required.
CHF strengthens furiously following Swiss National Bank’s high impact surprise to stop Minimum Exchange Rate with Euro. From our favourite broker explaining why price feed froze “there was a massive drop in CHF due to their central bank removing a floor in the market so no pricing was received for a time”
Forex gaps used to be rare. Seeing them two weeks in a row is amazing. Are high impact news catching markets unprepared or are markets becoming complacent?
GBP crosses gapped down with Sterling Pound weakness because Scottish independence supporters are leading. We give traders a quick overview.