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...
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...
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...
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 ...
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...
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...
USD: a disappointing jobs report?

USD: a disappointing jobs report?

US dollar index, H4 chart US dollar index, daily The US Jobs Report could be considered as a disappointing report, excluding the wages growth which keeps the fears ov...
Short-term rebound in gold

Short-term rebound in gold

H4 Chart Daily Chart XAU/USD chart Gold managed to bounce back right after the US Jobs Report on Friday and closed the week near the $1900 resistance. Gold continu...
Gold is  nearing key support

Gold is nearing key support

In line with our expectations, gold declined sharply during yesterdays trading, reaching as low as $1860 earlier today during the Asian session. I hope none of you is stuck with an...
USD/CAD trade is in profit

USD/CAD trade is in profit

H4 chart USD/CAD Daily chart USD/CAD USD/CAD chart USD/CAD managed to advance further yesterday breaking above 1.21, reaching as high as 1.2128 earlier today, whil...
Is crypto market recovering?

Is crypto market recovering?

Summer brings positive inflows into the crypto market! After a significant fall below 30,000 from its all-time highs, Bitcoin has been moving up this week. On Thursday, it was trading above 38,000, moving closer to the psychological level of 40,000. Other major cryptocurrencies strengthened as well. For example, Ethereum rose towards 2900. Can we already talk about the crypto market recovery or it is too early to jump to conclusions?
Gold failed once again

Gold failed once again

4H Chart Daily Chart XAU/USD chart Gold regained above $1900/Oz during yesterdays trading, reaching as high as $1910 but it failed to sustain these gains during th...