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...
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...
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...
EUR/USD: calm before storm on Thursday

EUR/USD: calm before storm on Thursday

What will happen? Traders cant wait for Thursday to come! Why? Two significant events will be out: the US inflation report and the ECB policy decision. They will probably shake ...
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...
Eyes on Bank of Canada's decision today

Eyes on Bank of Canada's decision today

H4 chart D1 chart USD/CAD chart All eyes are headed toward the Bank of Canada today. Estimates point to no change both for the main rate and the ongoing QE which s...
The GBP may be supported

The GBP may be supported

What will happen? Great Britain will publish its trade balance for April on June 11, at 09:00 MT time. This indicator shows the difference in value between exports and imports. ...
How about selling EUR/USD?

How about selling EUR/USD?

H4 Chart Daily Chart EUR/USD chart EUR/USD managed to recover some of its last weeks decline, rising for the 2nd day in a row (Friday Monday). However, such upside...