Tag: Currency

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 tradersdna: #USDJPY Buying Support at the Bottom of the Range

#GBPUSD on 8 Dec, looking for a selling opportunity as the market was pushing through and breaking out underneath the 1.5000-level. You can see historical...

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...

Finance Magnates London Summit 2015 – a personal review…

I recently had the opportunity to attend the Finance Magnates London Conference (FMLC). This is a renaming of the former Forex Magnates London Conference...

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...

Prodigy tradersdna: Forex Majors Weekly Overview

  You could see that Ross has four open trades at the bottom of the screen. All four of those trades actually...

GBP/USD Declines as BOE Leaves Rates Unchanged

The GBP/USD declined more than 100 pips Thursday, as the Bank of England acknowledged renewed downside to inflation while voting to keep interest rates...

Dollar Falls as US Economy Brakes

The US dollar traded lower against a basket of currencies Thursday after government data revealed a sharp slowdown in US economic growth in the...

Best Trading Blogs

TradersDNA would like to present summary of the best trading blogs based on the suggestions from such industry professionals as Mike Shedlock and Justin...

What The Market Does Will Tell Us What’s Coming For The...

The United States market is having an incredibly rough time. Even after Wednesday's massive gains, the Dow Jones Industrial Average is still down well...

USDDKK Doldrums

Denmark is the equivalent of stuck between a rock and a hard place. The Danmarks Nationalbank (Danish Central Bank) has tried different policies intended...

US Dollar Plunges as Global Markets Retreat

The US dollar plunged to nearly two-month lows on Friday, as global stock markets continued to retreat after disappointing Chinese PMI data heightened worries...

EUR/USD Backtracks as ECB Leaves Rates Unchanged

The EUR/USD was on its heels Thursday, as the markets awaited key remarks from Mario Draghi after the European Central Bank held interest rates...

GBP/USD Gains 1.56

The GBP/USD climbed for a fourth consecutive day on Tuesday, retracing brief intraday losses stemming from mixed inflation data. The GBP/USD was trading near daily...

GBP/USD Rally Stops Short at 1.53

The GBP/USD was reversing early-week gains on Tuesday, falling below the 1.5300 handle despite stronger than expected British trade figures. The GBP/USD tumbled to an...

GBP/USD Plunges as Inflation Turns Negative

The GBP/USD plunged around 200 pips on Tuesday, as UK inflation entered negative territory for the first time on record, supporting expectations for a...