Forex Trading Online

Technical analysis of EURUSD for August 17, 2015

The pair managed to close above 20Wsma after 4 weeks, gained 1.3% at the previous week. Traders eye FOMC meeting minutes. Given the lack of Euro macroeconomic data it is understandably a quiet day in […]

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German Ifo promising data, US good quarterly results

Mixed feelings on the Asian stock markets as we await for the Bank of Japan and Fed to meet this week. Ahead of these announcements  there are numerous Japanese corporate results, which could be positive considering due to the weakness […]

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European earnings positive – Eyes on Greece

Asian markets still in positive territory as it is being supported by Chinese economic stimulus. In Tokyo, the Nikkei rebounded +1.09% trading at 20125.98. Among the remaining Asian markets Taiwan ended the session with a positive change of +0.83% while […]

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IMF cuts US growth estimates – mixed feeling in the US markets

The Japanese stock market retreated as investors were disappointed by the Chinese economic slowdown. If you look at individual sectors, there has been a lot of profit-taking in the pharmaceutical industry, especially in Shionigi and Elisai. The Nikkei […]

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