Insider trading case may open Pandora's Box on forex markets One of the biggest insider trading cases in Australian history puts the spotlight on the forex market. Ben Butler and Georgia Wilkins report. Transparency of the forex market could change under rules being introduced by the Australian Securities and Investments Commission. ...
Originally Posted by ForeCastle Talking Points: The Uk100 has failed to break over 6,900Price is still trading above supportA lower low must be made for the trend to turn Stock markets around the world have been making record runs over the past few years. However, with prices taking a pause, many traders are left to wonder if or when their favorite equities indices will turn. While fundamentally this can become a challenge, technical traders can use a series of price action clues to help them identify ...
With a full moon and a Friday the 13th capping a week of election surprises at home — like Eric Cantor’s shocking primary loss in Virginia’s 7th Congressional district — and unrest in Iraq, investors would have been excused for acting skittish in Friday trading. But instead, they sent the U.S. equity markets for a daily gain on Friday, leading all three major indices finishing the day in positive territory. Unfortunately, the late-in-week gains weren’t enough to offset losses from earlier in the ...
Amazon Stock Reversal Signals – June 9, 2014 Amazon stock has been in a steady downtrend for the past four months but it appears that reversal signals are popping up. Price has started to break above the 50 SMA, which has served as a dynamic resistance for the pair since February. A strong breakout candle has already closed above this moving average, suggesting that more gains are in the cards. However, price has yet to break above ...
Japanese Yen to Eyes Range Support on Less-Dovish BoJ The USD/JPY may continue to consolidate in the week ahead as it retains the wedge/triangle formation from earlier this year, but the Bank of Japan (BoJ) interest rate decision may heighten the appeal of the Yen. British Pound at Important Risk of Reversal Ahead of Key Data The British Pound finished the week almost exactly where it began, but key UK employment data releases on the calendar promise bigger moves ...