Trend Synergy Forex Trading Strategy

Most professional traders think in probabilities. This is because trading is about probabilities. It is about finding a recurring pattern or set of occurrences which would correlate with a result that is favorable to us. It would not always be right, but it should be right more often than not. Nothing is sure in trading. … Read more

New Quarter Carries Over GBP Pressures

POUND STERLING TALKING POINTS EUR and USD favored against GBP. Spotlight on US and EU economic data. GBP FUNDAMENTAL BACKDROP Pound sterling is having a tough time this week against the US dollar and euro respectively. The ECB Sintra Forum saw the Federal Reserve via Jerome Powell surprise markets on the hawkish side thus boosting … Read more

Krona to struggle for now due to the dampened sentiment – Commerzbank

Riksbank hiked its policy rate by 50 bps on Thursday. The Swedish krona was unable to benefit significantly from the decision. Economists at Commerzbank are bearish on the SEK in the near-term due to the dampened sentiment. Riksbank does not surprise “The Swedish Riksbank hiked its key rate from 0.25% to 0.75% as had been … Read more

A Step by Step Guide

Research stocks involve incorporating Multiple sources of information, reduction and strategies, all whilst markets are constantly transforming. Stock traders and investors need to know what information is useful to them as well as the most efficient and accurate way to go about stock research. This article will explore key aspects of research stocks: How to … Read more

Crude Oil Futures: Further losses not favoured

CME Group’s flash data for crude oil futures markets noted traders trimmed their open interest positions for the second session in a row on Thursday, this time by around 9.2K contracts. Volume, instead, went up for the third straight session, now by around 166.3K contracts. WTI: Next support comes at $101.56 Prices of the WTI … Read more

US Dollar Provides Safe Harbour From Swelling Recession Fears. Will USD (DXY) Break Higher?

US Dollar, USD, Crude Oil, US Dollar, Gold, AUD, RBA – Talking Points The US dollar firmed up through the Asian session as a slowdown looms APAC equipment movedlower, joined by commodities and associated currencies A lower crude oil price might help activity.Will USD resume its uptrend? The US Dollar maintains favor as the rising … Read more

Steel Price snaps six-day uptrend as recession woes supersede China’s upbeat PMI

Steel Price drops for the first time in seven days. China Caixin Manufacturing PMI follows official activity data to portray optimism for June. Chinese steel mills adopt ways to reduce high inventories amid weak domestic demand. Steel Price justifies the market’s pessimism surrounding the economic slowdown as the benchmark rebar prices slump nearly 1.0% to … Read more