FX Snips
Forex Insights
Trading Strategy
TECHNICAL ANALYSIS: FTSE
29/04/2013 08:00
FTSE should start to drift lower for a test of support at 6355/50 which held nicely on Friday anddid in fact mark the low. A break lower today however targets 6330/25 with a low for the daylikely. How »
VIDEO: What Should Traders Consider When Choosing A Trading Strategy?
04/04/2013 12:18
Alejandro Zambrano, Market Strategist for FXCM, runs through key points to consider when picking a live trading strategy. For more expert advice from Alejandro Zambrano, stay tuned to our Video Ana »
Trading signals for Thursday 21-03-2013
22/03/2013 17:03
FOREX-Signals EUR/USD LONG EUR/GBP SHORT »
The Lifestyle Of A Smart Money Trend Trader
15/03/2013 16:23
Zaheer Anwari, fulltime trend trader and mentor provides some insight into his 30 minute trading day. “Sounds like a dream” is the response I usually get from both traders and non-traders »
What Are Binary Options?
05/03/2013 09:15
Binary options are a unique type of trading that center not on ownership as other types of trading do, but rather on the prediction of which way an asset’s price will move. But what are your cho »
Neutral On European Currencies And Bearish On Yen
04/03/2013 10:03
Forexspace contributor and independent FX consultant, Lior Alkalay, takes some time out to review his predictions over the last few months - and finds that he was pretty spot on! So how should you pla »
Get In The Zone: Trading The Buy/Sell Zone
12/02/2013 15:09
One of the fundamental elements of finding success in the market is following the footprints. Footprints in the market tell a story and it is our job as traders to interpret that story. In this issue »
JPY/USD: Daily Picture Turning Negtaive
16/01/2013 14:52
The USD has had a huge run vs the Yen but has retraced to good support at 87.80 and held here. We should see a rally in to the end of the week now back up to 88.73/87. A push through 89.00 then s »
- Tags:
- technical analysis
- us dollar
- yen
EUR/USD Forecast: Plus 1.3490 Eyed
16/01/2013 08:45
EUR/USD was expected to pull back a bit yesterday and we did get a test of support at 1.3308/00 and a bounce from here exactly as predicted. We then broke lower but have not quite reached the nex »
OEC Launches New Mobile Trading App
19/11/2012 10:43
- New App Provides "Enhanced Trading Capabilities"
- Real Time Market Data On Futures and Forex Pairs
- Free To Download And Install
Open E Cry (OEC), the online futures division of GAIN Capital and TradeMotion have announced the release of a new mobile app designed to improve mobile trading. The new smartphone application »
- Tags:
- app
- oec
- platform
- trademotion
- trading
AUD/CAD - Where Will It Go?
09/11/2012 10:47
- Strong Chinese Data Boosts Aussie
- Loonie Ready To React To Fiscal Cliff
- AUD "Egregiously Overvalued"
The AUD/CAD has been trading sideways so far on a quiet day of economic data. Yesterday the Aussie rose to its highest level in over two months against the Canadian dollar. But will this trend co »
EUR/USD soars towards 1.2330
16/08/2012 14:36
ForexSpace.com (LONDON) – The euro has a head of steam following the release of U.S. data, including a weekly labour market report which came in softer than hoped.Initial jobless claims have ris »
USD/JPY on the way back to 79.36 high
16/08/2012 14:20
- Greenback Soars On Stop-Loss Buying
- 79.50 Unlikely
- Sunrise For The U.S. Economy, Or False Dawn?
As the corrective movement from the USD/JPY’s latest upside to 79.36 high appears to have run out of puff at a 79.13 session low, forex traders will be looking to get the pair into recovery mode »
USD/JPY at 1-month high on rising U.S. yields
16/08/2012 12:51
ForexSpace.com (LONDON) – The dollar rose to a one-month high against the yen today, extending gains after recent upbeat U.S. data pushed Treasury yields higher and cooled expectations of furthe »
GBP/USD Pushes At The 1.5700 Door
16/08/2012 12:43
ForexSpace.com (LONDON) – After a flirting with a 45-pip spike, GBP/USD has retreated from its session high of 1.5715 during early European trading. The uptick occurred as a direct consequence o »
Beijing hints at monetary easing as Chinese growth stalls
16/08/2012 10:40
- Wen’s Warning
- Hard Landing Here Already?
- Yuan Set For Further Fluctuations
The uncertainty that surrounds China's jobs market will become "more complex and severe," the country's premier has warned. Speaking yesterday, Wen Jiabao said his country’s economy (the world&r »
Editor’s Forex Morning Review: Go Figure…
16/08/2012 09:38
- UK Employment: So That’s All Good Then!
- Rose-Tinted Speculators
- Sterling On A Roll
Forex traders far and wide know that sterling has been one of the best performing majors so far this week. And yesterday proved yet again that the markets are eager to rally on the slightest whiff of »
That’s Another Fine Mess…!
15/08/2012 16:05
- U.S. Econ Still Grinding Along The Floor
- USD/JPY – Heading Higher Still?
- Fetch The Fire Axe!
At today’s stateside opening bell, forex traders saw the greenback touch a 1-month high versus the JPY on the coat-tails of yesterday’s impressive U.S. retail sales report which looks to h »
GBP/USD @ 1.5700 on US data
15/08/2012 14:36
ForexSpace.com (LONDON) – The British pound is continuing below the key resistance at 1.5700 in the wake of data out of the U.S. showing the world’s largest economy’s inflation figur »
USD/JPY eyes 1-month high ahead of U.S. data
15/08/2012 12:58
ForexSpace.com (LONDON) - The U.S. dollar has soared to a 1-month high against the Japanese yen after yesterday's sturdy US retail sales report closed the door, at least for the time being, on any fur »
Asia sees risk currencies in tight ranges to the downside
15/08/2012 09:39
- Broader Risk-Off Sentiment Dominates
- Asian Tiger Vulnerable To Unforeseen Events
- AUDUSD Scrabbles For Traction
Early-bird forex traders will have seen, once again, Asia consolidate the overnight currency moves, only this time in a downwards direction. As the euro slipped lower after the European trading sessio »
NZD/USD sky-dives to 0.8070
14/08/2012 15:00
ForexSpace.com (LONDON) - Having started the day with some decent advances during Asian trading, NZD/USD pair capitulated in the aftermath of better-than-expected Retail Sales figures from the United »
EUR/JPY retraces to 97.00
14/08/2012 14:23
ForexSpace.com (LONDON) - The EUR/JPY upside was capped at 97.32 after the German and French GDP data. The pair then went for a dive towards the 97.00 sentiment region as the euro zone’s outlook »
A Mixed Bag Of A Morning
14/08/2012 13:20
- Data Gets The Markets Moving
- Germany: Investor Confidence Declines
- Risk Currencies Looking Up
After yesterday’s sluggish start to the week, forex traders have seen plenty of activity today with the release of some key economic data. None perhaps more important that the July figure for U. »
UK CPI rises in July
14/08/2012 11:47
- Experts Taken By Surprise At Weak UK Data
- Pound And Euro Remain Locked In A Race To The Bottom
- BoE’s Dovish Stance Unlikely To Shift
Hard on the heels of this morning’s euro zone GDP figures, showing the single currency bloc’s second quarter growth contracted 0.2 percent, forex traders now have the chance to ponder the »
SUCCESSFUL TRADING: JUST A MATTER OF TIME?
24/07/2012 16:35
Make use of time, let not advantage slip. (William Shakespeare) Despite being famous as the place where Money Never Sleeps, New York’s Wall Street, inhabited by those so-called masters »
Editor Morning Forex review: On Your Merks... Get Set...
02/07/2012 12:00
- Summit To Get Our Trades In To
- Greenback Bull-run
- LTRO... Or No LTRO
The outcome of the EU Summit caught all but the clued-up forex traders among us slightly in the blocks on Friday afternoon. Angela ‘Iron Lady’ Merkel’s climb-down - when combined wit »
Editor’s Morning Forex Review: From Dirge to Surge in 12 Hours
29/06/2012 10:15
- Germany 1, Italy 2!
- Oh what a beautiful ‘risk-on’ morning!
- A dawn chorus of pips squeaking
After another day yesterday when forex traders watched the EU Summit paralysis extend towards the month/quarter/half year end, today has dawned with a complete turnaround. In response to an apparent l »
New Balls, Please
28/06/2012 18:04
- UK Q1 Growth Revised Down
- QE Already Priced In?
- EU Summit Sentiment Takes Further Bashing
British tennis fans will be hoping for a more forceful display of strength from British hope Andy Murray this afternoon, than from sterling’s lacklustre performance on live forex charts. Despite »
Top Forex Brokers Keep Nervous Eye On Spanish/Italian Auctions
26/06/2012 10:45
- Markets Eye Spain
- Contagion Attacks Italy
- Investors Downbeat For Euro Meeting
Markets this morning are poised for the results of Spanish bond and bill auctions which, it is exepcted, will see the beleaguered nation paying its highest short-term borrowing rates in over six month »
Reverse Trading – Worth The Bother?
15/06/2012 13:45
ForexSpace.com - If it feels as though the markets are against you and every carefully placed position you open yields nothing but woe, you may feel compelled to join a number of traders who are engag »
Grains of Comfort for the Greenback
13/06/2012 13:40
Wheat prices regained momentum Wednesday during European morning trade, with concerns over declining output in Australia - the world’s second biggest wheat exporter - fuelling investor interest »
Twitter abuzz with discontent
08/06/2012 17:07
As the pressure continues to build on Europe’s top political and economic minds to resolve Spain’s banking crisis and lift the nation out of the euro zone’s relegation zone, the »
Bernanke Tells It How It Is
07/06/2012 16:32
ForexSpace.com - As market watchers witnessed the 1-month EUR/USD volume at 13-day low in the lead up to Bernanke’s testimony to lawmakers on the Hill, investors pushed upwards in early trading »
