The EUR/USD Remains Strong After Fed Proceedings

The EUR/USD was dropping in the early half of the present trading period but bounced in the next. The dollar made an effort to bounce against euro after the announcement of The Federal Reserve’s most recent policy conference. Up until now the greenback was incapable to pursue through with the session, trading to a great extent sideways. The US crude oil supply decreased by 4.9 million barrels previous week after increasing by 2.3 million…

Continue Reading →

Crude Oil Observations with Volume, COT and US Dollar.

Today, we shall begin by looking at the Commitments of Traders Report. According to the COT report as indicated in the chart below, the Managed Money section were bet sellers of 15,892 contracts of WTI crude oil. This include NYMEX, ICE and Options. These had a selling of 13,210 contracts and a vast liquidation of…

Continue Reading →

EUR/USD Declines After The US Services Data Trys to Restore

EUR/USD traded lower yesterday as the positive announcements about the US services sector assisted the dollar against the euro. Up until now, the currency pair was trying to regain as not all of the US data was satisfactory. The trade balance, for instance, declined more than forecasts had anticipated. Trade balance arrears were $47.1 billion in February, raise $1.2 billion from $45.9 billion in January, adjusted. That is in…

Continue Reading →

Learn Why You are Not Picking Winning Trades And 5 Simple Steps To Resolve It.

Wondering how to pick winning trades? Or maybe you want to improve your trading performance. Making money is not a magic event. You need a financial management plan that will enable you to contain your losses under a dollar level that you feel comfortable with. This article consists of five steps which if followed keenly…

Continue Reading →