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//December 30, 2019
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Oil Futures Fail To Hold Early Gains, Settle Slightly Lower

Crude oil futures failed to hold early gains and ended slightly lower on Monday, snapping a four-session winning streak. Oil prices rose in early...
Posted On 30 Dec 2019
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Gold
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Gold Futures Gain For 5th Straight Session

Gold futures ended higher on Monday, extending their winning run to a fifth straight session. However, with traders largely staying away on the...
Posted On 30 Dec 2019
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China Comments Boost Trade Deal Hopes

Equities markets are in good health heading into the New Year as the latest reports continue to foster an optimistic outlook for US/China trade...
Posted On 30 Dec 2019
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The Week Ahead: New Year’s Resolution

Trade of the week USDCHF Retreats to August Level The greenback is under renewed pressure as technical selling continues to push the pair towards...
Posted On 30 Dec 2019
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Final Trading Days Of 2019 Underway

USD Recovers Off Lows The US dollar has had a quiet start to the penultimate trading day of 2019. The USD index trades around 96.49 last, with...
Posted On 30 Dec 2019
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Is Demo Trading Worth It?

Is Demo Trading Worth It There is a perennial debate among FX traders over the value of demo Forex trading. Some traders swear by it and say it...
Posted On 30 Dec 2019
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Santa Claus Rally Pushes Equities To New Highs

The three-day Santa Claus rally pushed equities to break new highs. By Friday’s close, the S&P500 index closed at 3240 while the Dow Jones...
Posted On 30 Dec 2019
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Technical analysis of BTC/USD for Dec 30, 2019

Crypto Industry News: The Uzbek government has banned its citizens from buying cryptocurrencies. According to a local information point, the...
Posted On 30 Dec 2019
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Technical analysis of ETH/USD for Dec 30, 2019

Crypto Industry News: Ethereum co-founder Vitalik Buterin has recently published an alternative proposal for an early transition to Ethereum 2.0....
Posted On 30 Dec 2019
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Technical analysis of EUR/USD for Dec 30, 2019

Technical Market Overview: After the deep retracement to the level of 61% Fibonacci located at 1.1065 the EUR/USD pair has been rallying towards...
Posted On 30 Dec 2019
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USD/CAD testing support. Bounce expected!

Trading Recommendation Entry: 1.30567 Reason for Entry: Long term horizontal swing low Take Profit : 1.30967 Reason for Take Profit: 23.6%...
Posted On 30 Dec 2019
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GBP/JPY approaching resistance, potential drop!

Trading Recommendation Entry: 142.875 Reason for Entry: breakout level Take Profit : 1.27253 Reason for Take Profit: 38.2% Fibonacci retracement,...
Posted On 30 Dec 2019
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EUR/USD approaching resistance, potential drop!

Trading Recommendation Entry: 1.11104 Reason for Entry: Horizontal overlap resistance, 38.2% Fibonacci retracement, 78.6% Fibonacci extension...
Posted On 30 Dec 2019
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Technical analysis: Important Intraday Levels for USD/JPY, Dec 30, 2019

In Asia, Japan will not release any economic data today, while the US will publish some economic reports such as Pending Home Sales m/m, Chicago...
Posted On 30 Dec 2019
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