<p>The euro currency is giving back a large portion of its weekly gains against the US dollar after the pair broke through the 1.0935 support level. The EURUSD pair is now at risk of falling towards the 1.0860 technical area if the 1.0900 support level is broken. Traders should note that EURUSD bulls need to […]
Blogs
Global Growth Concerns Weigh On Risk Appetite
<p>Notes/Observations Risk aversion theme maintaining some momentum as Trump escalated his rhetoric against China’s leadership; China to impose new national-security laws on Hong Kong China NPC begins and omits its annual GDP target; Chinese government appears to be willing to accept much lower GDP UK Apr Retail sales fall by record
US 30 Index Fails To Improve The Bullish Picture
<p>The US 30 index is creating a sideways channel with an upper boundary the 24,913 resistance and lower boundary the 22,900 support. The index is still developing above the 50-day simple moving average (SMA), however, the MACD oscillator is flattening in the positive region and the RSI is approaching the neutral region, endorsing the neutral
GBP/USD Outlook: Cable Maintains Bearish Bias And Eyes Key Supports At 1.2074/28
<p>Cable edges lower on Friday, maintaining bearish bias for the third consecutive day after brief recovery was capped by thin daily cloud and falling 10DMA that keeps bear-leg from 1.2642 high intact. Pound is weighed by talks about negative interest rates, with weaker than expected UK retail sales data today, adding to negative outlook. Bea
Gold & Interest Rate Futures Roll Date
<p>Friday, May 29th marks the first notice for the June Gold Futures contract and the quarterly June Interest Rates contracts. Traders can roll to the succeeding contracts before the open on Tuesday, May 26th. Standard trade execution fees & commissions apply. For up-to-date information on contract expirations, roll dates, news announcem
Holiday Reminder – Memorial Day 2020
<p>Monday, May 25th is Memorial Day. Trading times for many products will change in observance of the holiday from May 22-26. For details, please visit the CME Group Holiday Calendar. For up-to-date information on contract expirations, roll dates, news announcements & more, visit and bookmark the NinjaTrader Trade Desk Calendar!</p>
Natural Gas Roll Date – June 2020
<p>Wednesday, May 27th marks the Last Trade Date for the June 2020 Natural Gas futures contract. Active NG traders can roll to the July contract as early as Thursday, May 21st, before the open. Standard trade execution fees & commissions apply. For up-to-date information on contract expirations, roll dates, news announcements & more
Saudi Arabia's $300 billion fund just bought stakes in these companies!
<p> During the coronavirus pandemic, many investors were scrambling to readjust their portfolios. While a few billionaire investing legends like Warren Buffett dumped stakes in some of America's top companies, a few decided to pick up some bargains. One notable player was Saudi Arabia's $300 billion sovereign-wealth fund. Read on to
Crude Oil Prices Gain Further On Signs of US Demand Recovery
Crude oil prices have held up thanks to news of a US inventory drawdown, signs of increased refinery runs and the expiry of June’s futures contract well in positive territory.
Gold Price Remains Afloat Following Fed Chairman Powell Testimony
The break above the November 2012 high ($1754) may keep the price of gold afloat as the Federal Reserve prepares to further expand its balance sheet.