Divergence
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How to trade bullish and bearish divergences
Learn the difference between bullish and bearish divergences and how to recognize both when using technical indicators in your trading.
Gold: Will the rally cross 1100?
Right as gold bears were doing victory laps, everyone’s favorite yellow metal has staged a big comeback over the last two days. Gold ticked down […]
EUR/USD: Widening Fed/ECB policy divergence could expose 1.10 next
Markets are generally quiet in data-less trading so far today, but that is likely to change with the changing of the season tomorrow. Tonight’s Caixin […]
Will EUR/GBP bulls be singing “The (.7390) ceiling can’t hold us” after the ECB?
“Can we go back, this is the moment Tonight is the night, we’ll fight ’til it’s over So we put our hands up like the […]
Why “we’re all USD/JPY traders now”
“We’re all Keynseians now” – Milton Friedman The above quote is often misattributed to US President Richard Nixon, when he closed the gold convertibility window. […]
Paradise Lost for USDJPY Bulls?
“Long is the way and hard, that out of Hell leads up to light.” – John Milton, Paradise Lost Last week, we highlighted a big […]
NZDUSD Reversal to .6750 at Hand?
It’s been another whirlwind Asian session in the forex market, with the volatility once again kicked off by a big devaluation of China’s currency. Despite […]
AUDUSD: Awesome Aussie Awakens
The Australian dollar has surged across the board as the Reserve Bank of Australia took a definitive shift to a more neutral outlook last night. […]
AUDNZD at a Critical Crossroads Ahead of Tonight’s RBNZ Meeting
Kiwi traders are gearing up for the results of this month’s RBNZ meeting, which will be released at 21:00 GMT (17:00 ET). As my colleague […]
USD/CAD: US retail sales miss badly; BOC on tap tomorrow
It’s been an action-packed morning for USD/CAD traders, and the excitement is likely to carry over for at least the next 24 hours. In the […]
EM rundown: USD/MXN holds near all-time high: all eyes on 15.65
The market’s fears of a Grexit, which peaked midway through last week, are now fading after Greek Prime Minister Tsipras seemingly caved to creditors’ demands […]