Trading plan for 04/12/2017: The US Dollar gains on Monday supported by the adoption of the tax law by the US Senate. Nevertheless, the market is cautious. The Pound remains strong with hopes for progress in Brexit negation. On the stock market, it was red after the Friday’s weak closing Dowiedz się więcej…
Trading plan for 01/12/2017: The night was lively for the US dollar which traded on a roller coaster. The tax bill is the culprit, though the hopes of today’s vote in the US Senate are not out of the question. The stock market in Asia is drawing an ambiguous picture. Dowiedz się więcej…
Trading plan for 20/11/2017: The new week starts with the euro depreciation in response to overnight reports from Germany about the break of coalition talks.The press service has concluded that the impasse in the talks could lead to accelerated choices. EUR/USD lost at the start of 50 pips and dropped Dowiedz się więcej…
Trading plan for 15/11/2017: Risk aversion continues to increase. Particularly clear is the pressure on commodity markets. In addition, there is a lot of doubt about the reform of the US tax system. EUR/USD after yesterday 1.0% shot to 1.18 remains close to this barrier. USD / JPY is heading Dowiedz się więcej…
Trading plan for 13/11/2017: Monday’s opening brings the sale of the British Pound under the influence of the weekend press. The Nikkei225 marks a sudden drop, pulling in USD/JPY and giving a negative signal to the markets in Europe. The fall on the Japanese stock exchange woke up the Gold Dowiedz się więcej…
Trading plan for 02/11/2017: The US Dollar is weaker overnight as there were rumors that Trump has decided that J. Powell will succeed J. Yellen as head of the Fed. EUR/USD reached a peak near 1.1670. Before the Bank of England decision, GBP?USD is approaching 1.33. USD/JPY is back at Dowiedz się więcej…
Gold is close to level 1236, which is also a support of 200 day moving average and technical support level due to the trend line. The question remains whether the bears have enough strength to knock down that level, which will initiate a simultaneous reflection on the dollar. We will Dowiedz się więcej…