Will the economic data drive the USD up?

Will the economic data drive the USD up?

What will happen? The United States will release retail sales and producer inflation (PPI index) numbers at 15:30 MT time on June 15. American economic recovery has been the pre...
USD/CAD is out of the range

USD/CAD is out of the range

4H Chart Daily Chart USD/CAD chart USD/CAD managed to breakout of its tight range on Friday, reaching as high as 1.2177, and posted the highest daily close since m...
Gold's breakdown in Forex: what's next?

Gold's breakdown in Forex: what's next?

4H Chart Daily Chart XAU/USD chart Gold prices tumbled on Friday and at beginning of the Asian session today, reaching as low as $1854/Oz, breaking through its ups...
EUR/USD: update for a trade

EUR/USD: update for a trade

4H Chart Daily Chart EUR/USD chart EUR/USD declined on Friday reaching as low as 1.2093, while our short positions from 1.2180 and 1.2205 are now in profit with ov...
Stocks to buy right now

Stocks to buy right now

Growth stocks are back on track. If the values stocks were in favor during the first quarter as US Treasury yields rose, now growth stocks have come forward as yields pulled back. ...
Trade ideas for June 14-18

Trade ideas for June 14-18

The Bank of Canada and the European Central Bank held meetings last week. Both regulators upgraded economic forecasts, but the ECB didnt talk about monetary tapering. That makes th...
Bitcoin: is it a buy now?

Bitcoin: is it a buy now?

Hot news about Bitcoin We got bittersweet news for you. First, US officials managed to recover most of the ransom paid to hackers that targeted Colonial Pipeline, which raised c...
USD/CAD is over 1.21 after BoC

USD/CAD is over 1.21 after BoC

Chart H4 Daily chart USD/CAD chart The Bank of Canada decided to keep the current policy unchanged as widely expected. However, the bank did not mention anything a...
Careful with gold longs

Careful with gold longs

4H Chart Daily Chart XAU/USD chart Gold managed to rally yesterday on the back of the US inflation data which posted the highest reading since the 2008 financial c...
Protect EUR/USD trade ahead of ECB decision

Protect EUR/USD trade ahead of ECB decision

H4 chart Daily chart EUR/USD chart Two days ago, we sent out a new short trade on EUR/USD at 1.2180 in addition to a pending order to short again at 1.2205. EUR/US...