Tag: audusd

Forex Outlook: GBP/USD Trade Idea

First off, our Forex Outlook starts taking a look at our news calendar for the day today. Fairly light for the day today. We...

Nonfarm Payrolls does not matter anymore

Yes, I cannot deny I am not too impressed with the latest NFP (nonfarm payrolls, for those of you that are new to reports...

Forex Weekly Outlook: 7 Major US Currency Pairs

Forex Weekly Outlook: 7 Major US Currency Pairs Let’s get started with our forex weekly outlook here with the US Dollar versus the Swiss...

Prodigy tradersdna: #EURUSD expected towards 1.0700

#NZDUSD, this has been a good moneymaker for our live trade room members this week. Selling opportunities have abounded as it has rallied into...

Prodigy tradersdna: #NZDUSD Challenging the 100-period Simple Moving Average

Let’s review our Prodigy TradersDNA comments for #AUDUSD and #NZDUSD, where both currency pairs are rising into a couple of resistance zones that we...

Prodigy tradersdna: Selling #AUDUSD weakness on Rallies into Resistance Zone

Yesterday, the suggestion was to buy the #USDCHF on dips into support. We’ve had two opportunities to see that happen over the past 24...

Prodigy tradersdna: $USD Pullback May Simply be a Correction Before...

We don’t really have a specific trade call or trade suggestion that I want to recommend, but I do want to go through each...

Prodigy Trader DNA GBPUSD watching for signs of breakout

#AUDUSD, I want to zoom out to the weekly chart, first off, to give it a longer-term vantage point for this currency pair. That’s...

Data Sparks AUDUSD Surge

The longstanding efforts of the Reserve Bank of Australia have largely paid off when it comes to preserving economic momentum in the nation as...

Prodigy tradersdna: Cautiously Selling EURUSD into Resistance Zone by Ross Mullins

01Dec2015 Prodigy-Trader-Program-Ross-Mullins-Selling-EURUSD-48 First off, starting here on the NZDUSD, we talked about this black box over here on the right-hand side of the chart, where...

Prodigy Trader DNA: Weekly Forex Majors Overview by Ross Mullins

  It’s important to note one thing is that this is our last trading day of the month of November. It’s the last day of...

“Black Monday”: Oil Prices Plummet amid Massive Sell-Off in Chinese Equities

Oil prices plunged on Monday to their lowest level in more than six years after a broad equities sell-off in China fuelled fresh concerns...

China Reforms Spark Risk Appetite Surge

The announcement of huge economic and social reforms in China yesterday boosted the risk appetite among investors, with safe-haven currencies such as the yen...

Eurodollar plunges in early trading, Aussie unmoved by Chinese data

After the nonfarm payroll report on Friday, which prompted a selloff in the AUD/USD, the currency pair dropped to a one month low of...

Dollar in the doldrums after disappointing jobs data

The release of disappointing US jobs data pushed the dollar index down to near a nine month low yesterday, dashing hopes for a reduction...

Major Currencies: The New Zealand Dollar (NZD)

The New Zealand dollar, known to currency traders as the 'Kiwi', NZ$, or by the ISO code NZD, is the official currency of New...

Major Currencies: The Australian Dollar (AUD)

Sometimes referred to by traders as the 'Aussie', the Australian dollar is the official currency of the Commonwealth of Australia and also some independent...

Weekly Market Outlook: Jobs Figures, Uncertainties, Security Threats and Everything in...

The past week saw the release of the latest job figures from the United States that received fairly mixed reactions from the market. While...