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US Dollar Forecast – Dollar Seeks Guidance from Fed Speculation, Risk Trends, ECB and Oil There can be disadvantages to being the world’s most liquid currency. The Dollar’s intrinsic integration into the global financial system makes it particularly vulnerable when its fundamental health is shaken and the world is in a state of flux. British Pound Forecast – Little Relief Ahead for G10 FX’s Weakest Currency, the British Pound ...
The USD/CAD Breaks Lower on Employment DataDaily Price are Now Testing Weekly Lows USD/CAD 30 Minute Chart The USD/CAD is trading lower this morning, after the release of better than expected employment data. CAD unemployment was expected at 7.3% and released at 7.1% As well. Data on net changes in employment also beat expectations at +40.6k. This news has caused the USD/CAD to breakout below this morning’s R4 pivot point ...
British Pound Forecast – GBP/USD to Face Relief Rally on Upbeat U.K. PMI, Dovish Fed Rhetoric With second-tier data on tap for the week ahead, the British Pound may continue to consolidate ahead of the next Bank of England (BoE) interest-rate decision on April 14, but fresh rhetoric from Fed officials may generate a near-term rebound in GBP/USD as Chair Janet Yellen endorses a more dovish outlook for monetary policy. Japanese Yen Forecast - Japanese Yen Strength is its Own Undoing – Watch for Weakness ...
US Dollar Forecast – Dollar Tumbles Third Straight Week, Is the Long-Term Bull Trend Over? For data, the coming week is light for influence. Another round of Fed speakers will be on deck with the most influence for rate speculation. Euro Forecast - Did Draghi Finally Find a Recipe For Strength? For next week, we adopt a bullish stance on the Euro as positioning remains stretched to the down-side while prices have continued ...
How to Code Your Own Algo Trading Robot What an Algorithmic Trading Robot Is and Does At the most basic level, an algorithmic trading robot is a computer code that has the ability to generate and execute buy and sell signals in financial markets. The main components of such a robot include entry rules that signal when to buy or sell, exit rules indicating when to close the current position, and position sizing rules defining ...