Stuart_Cowell

Stuart_Cowell Updated 

Market Updates: The market has been crazy over the last few days because of the important figure releases. Especially for the Non-Farm Employment Change 517K positive change, which was way more than the expected. There is no signal of a retracement because the market seems to show signals of a further down move. It is start of the week and we are not expecting...

Stuart_Cowell Updated 

The break of 1.343 could further drive the USDCAD up to the next resistance 1.347.

Stuart_Cowell Updated 

Market News Yesterday: Important to note that the major drivers of the markets these days are the important figure releases, the economic indicators. At 14:00 BOE Monetary Policy Report and the Official Bank Rate pushed the GBPUSD and EURUSD downwards, over 100 pips. Today we see both of those pairs to slowdown. This might be an opportunity for going long...

Stuart_Cowell Updated 

Market News - The most Important release of the month 15:30 Non-Farm Employment Change and Unemployment Rate Due to the fact that the investors are waiting for the important figures during the afternoon session we do not expect high volatility now. There is a triangle formation for this pair. if it breaks then the market will move in one direction either up or...