US durable goods orders falls by 1.2% – USD follows

Durable goods orders fell by 1.2%, much worse than +0.3% expected. A small upwards revision worth 0.2% is not enough to compensate. Core orders rose by 0.4%, also below expectations, but the revision here is more significant: 1.1% against 0.7% originally reported. Orders excluding defense and air fall by 0.5% instead of a rise of […]

Hammond hammers the the pound with lower forecasts

UK Chancellor of the Exchequer Phillip Hammond is delivering the budget in the British parliament. He says that the economy is confounding those who talk it down. However, the lower growth forecasts are sending the pound lower, to 1.3225 1.3214. GBP/USD was trading around 1.3250 ahead of the speech, entrenched in the recent range: between […]

WTI Crude Oil breaks resistance – will CAD rise?

The price of oil resumes its uptrend, especially in the West Texas Intermediate measure. WTI reached a new peak of $58, the highest since 2015. On its way, the black gold made a move above the resistance level of $57.58 that capped it early in November. The recent rise is attributed to Nebraska’s approval of […]

BTC/USD trading in a rational uptrend channel

Bitcoin is quite volatile, to say the least. The price has been surging only to collapse and only to rise again. Yet within this noise, one can find a trend. BTC/USD is making higher highs and higher lows, marking a clear uptrend in the past week. It is looking a bit more rational than the […]

Dagens option – PUT på GBPCHF 22.11.2017

Dagens option är en analyscykel för binära optioner som utförs i samarbete med uTrader. Varje dag presenterar vi de bästa PUT eller CALL alternativen för det valda finansiella instrumentet tillsammans med den nuvarande tekniska analysen. Som resultat av pågående uppgångar har GBPCHF nått motståndet vid 1,3170, där den första försörjningsreaktionen inträffade. Sedan dess har vi sett en nedgång. Det […]

EUR/USD rises on new hopes for a grand German coalition

The euro struggled after the coalition talks failed over the weekend. The business-friendly FDP did not want to do business with the Greens and Angela Merkel’s CDU/CSU coalition. The Chancellor ruled out a minority government and talked about going to fresh elections. But what about renewing the current CDU / SPD coalition? This has been […]

GBP/USD: Trading the UK budget – two opinions

The pound recovered on hopes for some kind of a breakthrough in the Brexit talks, namely a caving in from the British government on the divorce bill. Yet there are other events coming up. Here are two opinions about trading the UK Autumn forecast. Here is their view, courtesy of eFXnews: GBP/USD: (1.2 -OppView*) Trading […]

Handel är svårare än du tror: Komplexiteten i handeln

Vid första anblicken verkar handel inte vara så svårt: du kan antingen köpa eller sälja. Samtidigt kan den potentiella vinsten bli obegränsad, särskilt när hävstången läggs till ekvationen. Om du kombinerar dessa två faktorer, skapar du det perfekta paret för smarta marknadsförare och tvivelaktiga handelsannonsörer. Många människor blir intresserade av handel eftersom det verkar ganska […]

US existing home sales beat expectations – USD ignores

Sales of second-hand homes are on the up, hitting an annualized level of 5.48 million in October, better than 5.42 million expected and 5.37 million beforehand. The rise is accompanied by another interesting fact: the level of inventories is at its lowest since 1999 – yes before the previous crisis and also 18 years ago. […]