Categoría: Forex

Post destacado

Will Market Depth Return for Breakouts and Trends This Week?

Talking Points: Tight consolidation and precarious technicals from the likes of the S&P 500, VIX and USDJPY threaten resolution Volume and participation however are extremely low due to combined seasonal, structural and situational factors Top event risk this week includes the Jackson Hole Symposium, leaders’ Brexit meeting and PMI data (GDP proxies) See the DailyFX…

European stocks outside London advance

Despite persisting cautious tone during the European trading hours, the stocks on the European bourses managed to recover early losses, and now advances amid corporate news. The European markets climb this Monday, as ongoing weakness in the euro boosts the exporters’ stocks. A lower euro helps make shares of the European companies less expensive for foreign…

USD/CAD on Its Longest Daily Losing Streak in More Than 5 Years

Talking Points USD/CAD has declined nine consecutive days, the longest losing streak since January 2011 Retail traders are holding the longest net long USD/CAD exposure since May 2 Meanwhile, the pair’s negative correlation to oil has increased to -0.84 Want to learn more about the DailyFX SSI indicator? Click here to watch a tutorial. The…