Wirecard AG, trading under ETR: WDI is in trouble. An auditor was unable to find billions in missing cash from the payment firm that became a hit amon
Blogs
Sterling Slips Ahead of BOE
<h3>GBPUSD, H1</h3> <p>Sterling has taken a rotation lower into the BoE announcement, with the currency racking up losses of over 0.4% against the Dollar and Euro, and most other peers. <span><strong>Cable</strong></span> has printed a fresh three-day low below <span><strong>1.2480</strong>
Central Banks keep markets choppy
<p><span>The<strong> SNB held rate settings unchanged</strong> at the June policy review, as widely expected. The central bank said in a statement that the “<em>expansionary monetary policy remains necessary to ensure appropriate monetary conditions in Switzerland</em>“. To this extent “and in l
GBPJPY – Triple Plutus patterns just kept going 225 PIPS – TRADING WITH WEIS WAVE WITH SPEED INDEX
<p>Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Story: Continuation of previous post https://www.mql5.com/en/blogs/post/737468 . It just kept going for 225 pips, unfortunately this Interest Rate Decision n
EURGBP – MULTIPLE PATTERNS Forecast Correct 40 pips–TRADING WITH WEIS WAVE WITH SPEED INDEX
<p>Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Story: Based on previous post https://www.mql5.com/en/blogs/post/737472 , forecast correct 40 pips on 1rst order up to resistance , second order closed (stoploss hit)
AUD: Labour Market Data Disappoints in May, Raising Odds for Extended Reversal
<p>Unlike in the US, Australian labor market, to the surprise of many, not even failed to rebound in May, but continued to deteriorate, putting pressure on the RBA to hint about fresh easing measures.</p> <p>The number of jobs in the economy declined by 227 thousand, with expectations of approximately half less (-125K). The size o
Daily Commodity Outlook, June 18 2020
<p><span>Asian stocks and U.S. equity futures dropped, indicating a revived risk-off sentiment. The safe haven yen and Treasuries advanced, as recovery concerns caused by rising infection numbers in some locations are weighing on the market. S&P 500 Index futures fell on Thursday after the index swung between gains and losses fo
Fed Warnings Continue While Trump Mulls Fresh Stimulus
<p>Fed watchers have been treated to plenty of interesting commentary this week which has been worth paying attention to, especially considering the movements we’ve been seeing in the dollar and in equities markets. With the US economy having suffered a record crash over Q2, the outlook among Fed members has become increasingly uncertain and
GBP plunges after Bank of England extra £100 billion stimulus!
<p> On Thursday 18 June, the Bank of England added another £100 billion to its quantitative easing programme taking its coronavirus stimulus plan to a whopping £745 billion. The bank also surprised many investors by deciding against taking interest rates into negative territory and keeping its main lending rate at just 0.1%. The British Pound
Commodity market analysis – global outlook
Commodity market and S&P GSCI: Fundamental and technical analysis To be honest, the commodity market isn’t on my list of favourite trading tools, but the current economic situation gives to this sector extra drive and makes it attractive for short-term high-yield trades. The oil market alone provides a perfect chance of earning from the panick