Blogs

<p>NinjaTrader’s customer service and development teams are in continual collaboration to improve our trading platform based on the needs of our users. Included in NinjaTrader’s latest software update are 2 new enhancements for options traders. How Do I Get the New Options Features? Existing users can upgrade to the latest version of NinjaTra

<p>China’s GDP fell sharply in the first quarter of 2020 compared with the same period of last year, while signs of recovery in March are highly uneven. Post-virus China recovery in March is, in a sense, a useful leading indicator for other countries: if the strict rules of social distancing are in place, a V-shaped […]

<h2><span>Chart of the Day GBPUSD</span></h2> <p><span>GBPUSD – Probable Price Path</span></p> <p><span>There was a modest improvement in risk appetite on markets yesterday. This was built on hopes that coronavirus restrictions may be eased soon. In the US, President Trump announced

<h2>-6.8% vs -6.2% Expected 6% Previous</h2> <p>The impact of the COVID-19 outbreak on the Chinese economy was laid bare today as the Chinese Q1 GDP figure marked the first contraction on record at -6.8%. The reading, which was worse than the -6.2% reading forecast, makes for devastating reading and raises very concerning question

<h2>Key points This Week</h2> <p><strong>Trump Pulls WHO Funding</strong></p> <p>The controversy surrounding Donald Trump’s presidency went up another gear this week as Trump announced that he was pulling US funding for the WHO. Following the WHO criticising Trump over his initial handling of the outbreak i

<p>&nbsp;</p> <p><b>Market turns risk-on after a report that Gilead’s remdesivir drug showed promising results for Covic-19 patients</b><span>. Meanwhile, </span><b>the market is also cheering the news that President Trump plans to release guidelines allowing state-by-state economic reopening. <

<h2>Asset Purchases Expanded</h2> <p>The Bank of Canada yesterday followed in the footsteps of the Fed as it announced details of an increase in its biggest ever asset purchases program. The BOC details expansions to its current purchases which will now include $35 billion in provincial bonds, and $7 million in corporate grade bon

The Central bank reversed a downtrend in the US stock market Still waters run deep. No one expected much of Jerome Powell when he became the Fed chair 2 years ago. But in fact, the actual Fed turned out to be the most creative in the whole history. It not only revived anti-recession programs launched […]

XAU/USD remains likely to grow. Estimated pivot point is at a level of 1561.37. Main scenario: Consider long positions from corrections above the level of  1561.37 with a target of 1800.00 – 1850.00. Alternative scenario: breakout and consolidation below the level of 1561.37 will allow the pair to continue declining to the levels of 1450.00 [&helli

USD/JPY remains likely to fall. Estimated pivot point is at a level of 111.67. Main scenario: Consider short positions from corrections below the level of 111.67 with a target of 101.08 – 94.58. Alternative scenario: breakout and consolidation above the level of 111.67 will allow the pair to continue rising to the levels of 114.53 […]