Tag Archives: Share Trading

Crude Oil price has traded above $70 on Monday as the market anticipates a likely withdraw from the US on the Iran Accord and OPEC moves the goalposts.

The range-break in the euro has large speculators selling, but their net-long position remains quite large by historical terms, seen as more fuel for lower prices.

Lasting bearish trend intact as EURUSD makes a firm break of 1.20 to trade at the YTD lows. Highlight next week will come in the form of the US CPI report.

A recent slump in the European Union has left currency traders with a default view of US Dollar strength that shows little signs of slowing down.

US equities have stepped back from the ledge after another test of key support last week; but with resistance showing from a descending trend-line, will bulls be able to push the Dow up to fresh highs?

The current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.

The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.

The Canadian Dollar is in the cross through of NAFTA updates and employment data later this week that will likely influence the Bank of Canada’s May rate decision.

This week’s BoE rate decision was long expected to bring a rate hike. But as the backdrop deteriorated through April, those expectations got kicked further out into the future. The big question: Does Cable pose a bounce from key support as we approach the BoE?

It’s been brutality in the British Pound, and the currency has posed a very large move really fast. GBP/JPY has run into a familiar Fibonacci level, but can it help to hold the tide of selling?