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FX Trade Recommendations – 13 October, 2017

FX Trade Recommendations - 13 October, 2017 New EUR/USD: Short below 1.1815, Target @ 1.1765. SL @ 1.1865 New GBP/USD: Long above 1.3295, Target @ 1.3345. SL @ 1.3245 New USD/JPY: Short below 112.15, Target @ 111.65. SL @ 112.65 New AUD/USD: Long above 0.7845, Target @ 0.7895. SL @ 0.7795 New AUD/NZD: Long above…
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FX Trade Recommendations – 12 October, 2017

FX Trade Recommendations - 12 October, 2017 New EUR/USD: Long above 1.1865, Target @ 1.1915. SL @ 1.1815 New GBP/USD: Long above 1.3145, Target @ 1.3195. SL @ 1.3095 New USD/JPY: Short below 112.25, Target @ 111.75. SL @ 112.75 New AUD/USD: Long above 0.7820, Target @ 0.7870. SL @ 0.7770 New AUD/NZD: Short below…
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Dollar Drops To Two Week Low – 11 October, 2017

Central bankers are concerned about low inflation as the Dollar drops to a two week low after the U.S. Federal Reserve's meeting. The Dollar index slipped to a low of 92.839, its lowest since September 26 when it hit 0.2 percent at 92.877. The Dollar also slipped against the Yen by 0.1 percent to 112.38…
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OPEC’s Efforts To Cut Production Undermined By U.S. – 11 October, 2017

Despite OPEC's efforts to cut oil production, oil prices rose as U.S. inventories rose. West Texas Intermediate was trading at %51.08, down 0.4 percent and 22 cents per barrel, while Brent crude was trading down 32 cents and 0.6 percent to $56.62. While OPEC tries to tighten the market, U.S. production is undermining their efforts…
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FX Trade Recommendations – 11 October, 2017

FX Trade Recommendations - 11 October, 2017 New EUR/USD: Long above 1.1825, Target @ 1.1875. SL @ 1.1775 New GBP/USD: Long above 1.3185, Target @ 1.3235. SL @ 1.3135 New USD/JPY: Short below 112.30, Target @ 111.80. SL @ 112.80 New AUD/USD: Long above 0.7785, Target @ 0.7835. SL @ 0.7735 New AUD/NZD: Long above…
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Euro Surpasses Dollar As Fed Hike Is Priced In- 10 October, 2017

The Bloomberg spot index declined by 0.5 percent for the third consecutive day and declined against all its G-10 peers as the Euro rose to its highest in over a week. The Euro's climb came after a speech by Catalonia's president about the regions independence referendum. The Dollar declined due to U.S. interest rates falling…
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FX Trade Recommendations – 10 October, 2017

FX Trade Recommendations - 10 October, 2017 New EUR/USD: Long above 1.1785, Target @ 1.1835. SL @ 1.1735 New GBP/USD: Long above 1.3190, Target @ 1.3240. SL @ 1.3140 New USD/JPY: Short below 112.40, Target @ 111.90. SL @ 112.90 New AUD/USD: Long above 0.7785, Target @ 0.7835. SL @ 0.7735 New AUD/NZD: Long above…
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