Trade Alert – new position
Option Alert Service Signal New Trade Suggestion
Option Alert Service Signal New Trade Suggestion
Well the Fed minutes have come and gone and the worry and hesitance ahead of the release was unwarranted.
The downtrend on USD/CHF may soon be over as the pair already closed above the falling trend line on its daily time frame.
Option Alert Service Signal Closing Trade Suggestion
Option Alert Service Signal Closing Trade Suggestion
In today’s Morning Coffee Brief we find yesterday’s U.S. equity markets saw its first day controlled by the bulls on bullish global data most notable from Germany’s export data report. The report indicates export levels not seen since the crisis started in 2008.
The AUD/USD pair fell during the session on Tuesday, showing significant resistance near the 0.90 handle.
For gold bugs, 2013 was certainly a year to forget with the precious metal continuing its remorseless journey lower, a journey punctuated with minor rallies which promised much, but delivered little. To say it was a gloomy end to the year would an understatement.
The EUR/USD pair went back and forth on Tuesday, ultimately settling into a slightly negative candle.
Ahead of Janet Yellen becoming FED chair focus has turned to the USD dollar and whether it is now set for a period of sustained strength, and one reason offered by dollar bulls as to why it still hasn’t taken off is because the euro is even stronger!