Once you’re ready to get started with spread betting online, you will need to adopt a winning strategy. Follow these tips for a successful spread betting career. Top 5 Strategies for Successful Spread Betting Online Like anything that involves strategy, Planning is required. Before you attempt to engage in financial spread betting, be sure that … “Beginner’s Tips for Successful Spread Betting Online”
Month: October 2015
GBP/USD: Trading the British Manufacturing Oct 2015
British Manufacturing Production, a key indicator, provides analysts and traders with a snapshot of the health of the UK manufacturing sector. A reading which is higher than the market forecast is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Wednesday at 8:30 GMT. Indicator Background British … “GBP/USD: Trading the British Manufacturing Oct 2015”
EURJPY: Bear Pressure Builds Up On Price Failure
EURJPY: The cross closed on a rejection candle after a failed intra day attempts on the upside. We now look for EURJPY to decline further. This view remains valid as long as it holds and trades below the 135.71/136.33 zone. Resistance is seen at the 135.50 level where a break will turn attention to the … “EURJPY: Bear Pressure Builds Up On Price Failure”
NZDUSD Fakeout Signal Through Resistance – Potential Sell Opportunity
We’ve see the New Zealand dollar make a small comeback – regaining some recent losses. The market rallied off the market floor into a major resistance level. Last session, the market attempted to breakout above resistance, but the move failed and daily candle closed back below the resistance level. This is a sign of weakness, … “NZDUSD Fakeout Signal Through Resistance – Potential Sell Opportunity”
GBPUSD Sees Bear Threats, Targets The 1.5166/33 Zone
GBPUSD: GBP faces downside pressure following its rejection candle print on Friday. This was formed after unsustained rally and the pair looks to weaken further having given away most of its intra day gains during Monday trading session. It looks to take out the 1.5166/33 zone, its strong support. If this occurs, further weakness is … “GBPUSD Sees Bear Threats, Targets The 1.5166/33 Zone”
Loonie Continues to Gain Against Major Counterparts
Canadian dollar continues to gain against major counterparts today, heading higher as oil prices rise and as investors look to the announcement of the details for the Trans-Pacific Partnership. Loonie is higher today, thanks in part to changes in the global landscape. The details of the Trans-Pacific Partnership are being released, and that is helping the Canadian dollar a little bit. Additionally, higher oil prices are contributing to the loonie’s gains today. Also helping the Canadian dollar is … “Loonie Continues to Gain Against Major Counterparts”
Euro Gets a Small Boost as Other Currencies Flounder
Euro is getting a small boost today, heading a little bit higher as other currencies flounder on the Forex market. Thanks to lackluster data in other areas, major currencies are losing ground to the euro. Disappointing data from the end of last week is affecting the performance of currencies against the euro. With the latest jobs data out of the United States, expectations for an interest rate hike by the end of the year are fading a little bit. … “Euro Gets a Small Boost as Other Currencies Flounder”
NFP Nightmare, Judging Japan and Natural Gas – MM #70
We start by confronting the catastrophe called NFP and its implications. We then continue to Japan’s worsening outlook and easing prospects, follow with natural gas as autumn leaves settle in and preview the big events coming up. You are welcome to listen, subscribe and provide feedback. NFP Nightmare: It’s hard to find a silver lining in the … “NFP Nightmare, Judging Japan and Natural Gas – MM #70”
Why USD will beat EUR and JPY despite the NFP
The Non-Farm Payrolls report was disappointing and with no real silver lining. Nevertheless, the team at Goldman Sachs sees gains for the US dollar and provides two reasons: Here is their view, courtesy of eFXnews: There were no redeeming features to last week’s employment data, notes Goldman Sachs. “Even the decline in labor market slack … “Why USD will beat EUR and JPY despite the NFP”
Forex Crunch Key Metrics September 2015
The month of September usually sees a jump in site traffic, but this time was different. Perhaps the fact that the wild markets moves seen in August were not followed with similar moves in September have their share in the blame. Will October be different? Here are the numbers: Website: Page Views: 561,945. Visits: 227,917. … “Forex Crunch Key Metrics September 2015”