Talking Points Lack of volatility can provide range trading opportunitiesTraders can look for market turns at support & resistance valuesTraders can use an oscillator, like CCI, to time market entries The idea of trading short term market reversals is a popular one, especially in low volatility environments. Traders that are aware of the current market conditions can take advantage of the absence of any distinguishable trend by first identifying key levels of support ...
EUR/USD To Be Halted By 1.37 'It [GDP data] was very disappointing, and in the current situation we have very low vol, heading into month-end, and half-year end as well. So, the ducks are all lined up [for] U.S. dollar weakness.' - RBC Capital Markets (based on Reuters) Pair's Outlook The Euro is slowly but surely moving in the direction of the 55 and 200-day SMA on the back of a weaker greenback. This resistance at 1.37 is expected to prevent further appreciation ...
- U.K. Jobless Claims to Decline for 19 Consecutive Months - ILO Unemployment Rate to Narrow to 6.7%- Lowest Since January 2009 Trading the News: U.K. Jobless Claims Change Another decline in U.K. Jobless Claims may prompt a near-term advance in the GBP/USD as it puts increased pressure on the Bank of England (BoE) to normalize monetary policy sooner rather than later. What’s Expected: ...
Have you ever read a book on trading or investing? If you have read more than one of them, you will notice that they usually regurgitate the same old technical analysis. Most books and academics themselves follow the traditional route for technical analysis. The problem is that if that traditional method worked so well, you could be expected to read those books and make a lot of money.One of the common trading tools that is suggested in most trading books is the moving average. But have you ever ...
- European Central Bank Seen Implementing Rate Cut & Negative Deposit Rates. - Will Governing Council Also Introduce Non-Standard Measures? Trading the News: European Central Bank (ECB) Interest Rate Decision The EUR/USD may face a sharp selloff over the next 24-hours of trade as market participants see the European Central Bank (ECB) pushing monetary policy into uncharted territory. What’s Expected: ...
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