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Jul 26, 21 •
4259 Views •
Uncategorized •
Zahir Shah
Comments Off on NZD/USD Analysis: Key Data and Risk Sentiment to Stay Significant
The New Zealand dollar is in the spotlight when it begins trading in the Asia-Pacific region. Investors are on the rise as risky assets rise steadily. New Zealand’s trade surplus exceeded $ 261 million in June, up from $ 469 million the previous month....
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Jun 29, 21 •
2054 Views •
Uncategorized •
Zahir Shah
Comments Off on An Introduction to Wave Analysis
Wave analysis is based upon the Elliott Wave Principle which recognizes the underlying market psychology as the real driving force behind price movements. The Wave Principle is basically a graphical illustration of how the crowd vacillates from the extreme...
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May 29, 19 •
3172 Views •
Uncategorized •
Nidal Thuminat
Comments Off on How the COT report can assist swing and position forex traders, with their decision making.
A brief definition of what the COT report actually is, serves as a useful introduction to the mechanism behind the report. It also highlights how it can add value to FX traders’ methods and strategies, whatever their level of experience. The Commitments of...
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May 21, 19 •
3251 Views •
Uncategorized •
Nidal Thuminat
Comments Off on Mario Draghi’s speech, the latest U.K. CPI readings and the FOMC meeting minutes, are high impact events likely to move the value of EUR, GBP and USD.
At 8:30am U.K. time, on Wednesday May 22nd, Mario Draghi, the President of the ECB, will deliver a speech in Frankfurt. The event is listed as high impact on the economic calendar due to the range of issues Mr. Draghi could cover in his address. Subjects such...
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May 15, 19 •
2841 Views •
Uncategorized •
Jovana Pribic
Comments Off on Chinese equity markets rise sharply, despite the publication of data which missed forecasts, German GDP missed annual growth target, Major FX pairs trade in tight ranges.
The Shanghai Composite and CSI indices closed up during Wednesday’s trading sessions, coming after the China-USA trade war and tariff rhetoric from America, was dialled down during Tuesday’s trading sessions. The Shanghai closed up 1.91% and the CSI up...
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Apr 2, 19 •
3099 Views •
Uncategorized •
Zahir Shah
Comments Off on FXCC’s XL account, voted “best FX trading account” by World Finance
Cyprus based FX broker FXCC, has recently been announced as the winner of an award, under the classification of; “best forex trading account”. Their specialist, premier account, termed their “XL account”, or ZERO fees account, offers their clients the...
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Apr 2, 19 •
2854 Views •
Uncategorized •
Zahir Shah
Comments Off on FXCC wins best STP broker award from World Finance.
Cypriot based forex broker FXCC, has recently won the World Finance, best STP broker award. An STP broker, or a Straight Through Processing broker, is the description given to a broker who once they receive a client’s order, will immediately pass on the...
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Mar 28, 19 •
2300 Views •
Uncategorized •
Zahir Shah
Comments Off on The latest GDP growth figure for the USA economy, could indicate a slowing, if the forecast is met
FX analysts and traders will concentrate their focus on the latest GDP figures for the USA economy, when the data is published at 12:30pm U.K. time, on Thursday March 28th. The general consensus reached, after news agencies such as Reuters and Bloomberg have...
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Mar 25, 19 •
2793 Views •
Uncategorized •
Zahir Shah
Comments Off on Global recession fears rise, as bond yields invert and Asian equities slump
Asian equity markets sold off during the Sydney-Asian trading sessions, as global recession fears stalked markets in: Japan China and Australia. The Nikkei slumped by -3%, Shanghai Composite by -1.97% and the ASX 200 by -1.11%. This pattern followed a sell...
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Mar 25, 19 •
2484 Views •
Uncategorized •
Zahir Shah
Comments Off on The latest GDP growth figures for: the U.K. France, Canada and the USA, are the outstanding high impact events, FX traders need to remain vigilant of this week
Monday’s significant calendar events begins the week with the latest IFO: business climate, expectations and current assessment sentiment readings, for the German economy. Coming so soon after the poor Markit PMI readings of Friday 22nd of March (for the...