EUR/USD Weekly Analysis 07 March 2017

hightrade

The announcements that investors’ will be watching closely this week are the following: USA Employment Market report – Non Farm Payrolls (NFP): Janet Yellen’s (Chairwoman of Federal Reserve System) speech was received with positivity, leading to the growth of speculation…

Read More

ANALYSIS DAY 6 MARCH #2017

hightrade

Market Overview There is a mildly corrective sentiment forming on markets early this week in reaction to hawkish comments from Janet Yellen and concern over North Korean missile tests. The market has been all but told by Fed chair Janet…

Read More

Crude Oil Weekly Analysis 03 March 2017

hightrade

CHARTING The crucial points are: The price of crude fell on Wednesday’s session as a result of the Crude oil inventories report, which was higher than the previous recording, despite printing lower than expectations. However, the price met strong support…

Read More

Daily Analysis March 3, 2017

hightrade

Market Overview Forex markets have not been moving so much on the speech of Donald Trump this week, but concentrating more on what the Fed speakers have had to say. Subsequently, Janet Yellen could be key for market direction in…

Read More

USD/CHF Weekly Analysis 02 March 2017

hightrade

CHARTING The crucial points are: The price of USD/CHF has attempted to break lower than 1.00500 level of support several times, but without any success. Moreover, the rising trendline formed by the higher lows, suggests that breaching this level will…

Read More

DAX futures (March contract is FDXH7, continuation contract is FDXc1)

hightrade

After the huge gains of yesterday there is a near term correction developing. This is not to be unexpected after such a strong move that traders will look a touch more cautious, however pullbacks are still likely to be used…

Read More

DOLLAR REMAINS #STRONG

hightrade

Market Overview The dollar remains strong as yet further hawkish comments from a Fed speaker seems to be laying the groundwork for a March rate hike by the FOMC. The comments from Lael Brainard (who is generally on the dovish…

Read More

XAU/USD – Gold Weekly Analysis 28 February 2017

hightrade

CHARTING The crucial points are: The price of gold has fiercely risen, resulting from the publication of the FOMC meeting minutes. This announcement has led the price to fiercely breach the 1240 level of resistance. Since, the price has continued…

Read More

EUR/USD Weekly Analysis 28 February 2017

hightrade

This week, investors will be waiting to hear Trump’s speech in Congress, which should focus on policy agenda, infrastructure reforms, tax cuts, immigration policy and Obama care, all of which need to be addressed after his six weeks in office….

Read More

ALL EYES ON TRUMP FOR HIS FIRST POLICY ADDRESS TO #CONGRESS

hightrade

Market Overview All eyes will be on President Trump this evening as he will give his first official address to Congress in a speech that is expected to begin to lay out policy details. A $54bn increase on defense spending…

Read More