3
Dec
Off

For economists, the end of the year is often a gentle wind-down. This is not the case in 2017.
The dullest event is the US Federal Reserve meeting (December 13). The Fed has basically told markets that there will be a 0.25 percent rate increase. Market…

The post (03 DECEMBER 2017)Thought of the week: Do not go gentle into that good night appeared first on forexnewsarab.com
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3
Dec
Off

We make up a weekly medium-term trade list based on CFTC reports and technical analysis.

The table below provides a description of the technical condition of the market on the most popular financial instruments, as well as information on the large speculators’ actions according to the last COT reports and the previous period.

If you want to use CFTC reports in your trading practice, you should understand that for an objective assessment of the situation it’s not enough to know the data of the last report. The dynamic is more important, in other words, comparing the statistics of large speculators’ actions in the current period with the previous one, so we publish both values in the table.

Trade list in a graphical format  is available here.

If you want to get more information on the pullback trading tactics and other aspects of trading in the market, watch the «Horizontal levels in trading» video course.

The post Financial markets weekly overview. Trade list for December 4 – 10 appeared first on forexnewsarab.com
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3
Dec
Off

What’s inside:

EUR/USD thoroughly tested the November trend-line, and so far with success

This trend threshold holds the key to our near-term outlook

Stay above support and a challenge of top-side levels looks likely in days ahead; drop below and the tune changes

Heading into last week we were optimistic on the prospect of a higher EUR/USD, and while it was relatively unchanged when the dust settled there is reason to believe we will see higher prices in the days ahead. But if the euro doesn’t get into gear soon it runs the risk of breaking lower. So, we’ll approach this with an objective eye and continue to lean on the trend-line rising up from last month’s low as key to the near-term outlook. It was thoroughly tested during a 24-hr stretch on Thursday and Friday. There was some ‘help’ Friday on the Flynn/Trump headline which spooked dollar longs across the board, but looking at this from a pure technical standpoint – the line held. As long as it continues to do-so, the

The post EUR/USD Weekly Technical Analysis: Euro Shows Moxie at Support appeared first on forexnewsarab.com
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3
Dec
Off

Which on the face of it is pretty dramatic. A $900 million flow out of an ETF, even one as boring as the SPDR Bloomberg Barclays 1-3 Month T-bill ETF ($BIL), is worth noting. Here’s the problem. $BIL experienced a reverse 1:2 split which affected this calculation. The press release can be seen here.

ETF.com will undoubtedly fix this post but the precise 50.00% decline in AUM should have been a dead giveaway.

The bigger point is that we are inundated with robo-posts that have no reason for being. My Google Alerts are full of links to posts like: XYZ Hedge Fund sold 10,000 shares of Alphabet ($GOOGL). Even if true, who cares?* Maybe some sucker clicks through to the post only to be disappointed. Be part of the solution, don’t click on robo-posts.

The post when-robots-write-your-headlines appeared first on forexnewsarab.com
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2
Dec
Off

First, a review of last week’s forecast:

– As practice shows, if at least 25-30% of oscillators signal that a pair is oversold or overbought, one should expect a correction. This is what happened last week with the EUR/USD. At the beginning of the week, it seemed to have gone north, continuing the main trend of November, but the bulls’ strength quickly dried up, and soon the pair retreated to where one third of analysts and oscillators had indicated – to the local bottom in zone 1.1800. However, while the pair was falling, the bulls regained their forces and by the end of the week they managed to bring it back to the level of 1.1900 – practically to the same place where the pair started on Monday;

The post Forex Forecast for EURUSD, GBPUSD, USDJPY and USDCHF for December 04 – 08, 2017 appeared first on forexnewsarab.com
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8
Nov
Off

Perhaps the timing might be questionable but China trade surplus with the US dropped to $26.2 in Oct from $28.08. Interestingly US president trump will be traveling to Beijing today to meet Xi Jinping. Overall while exports dragged increasing 6.9% y/y …

The post (08 NOVEMBER 2017)DAILY MARKET BRIEF 2:China in focus on a slow news day appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

The post (08 NOVEMBER 2017)DAILY MARKET BRIEF 2:China in focus on a slow news day appeared first on Forex news forex trade.