Crude oil prices may continue to fall after suffering the largest weekly drawdown in two months as the outlook for global growth – and thereby energy demand – sours.
Euro has been testing multi-year slope support since April and leaves bears vulnerable while above 1.1186. Here are the levels that matter on the EUR/USD weekly chart.
A mere anticipation for Friday’s US 2Q GDP release or isolated Euro response to the ECB rate decision ahead is no longer the easy course to expect from markets. Trade wars, recession fears and monetary policy will all wield volatility.
Date (GMT)EventCons.ActualPreviousMay 18 22:45Producer Price Index - Input (QoQ)-1.100 %-0.400 %
Date (GMT)EventCons.ActualPreviousMay 18 22:45Producer Price Index - Output (QoQ)-0.900 %-0.100 %
Date (GMT)EventCons.ActualPreviousMay 18 21:00Producer Price Index Growth (YoY)-3.600 %-3.700 %
A new study by PsychTests.com indicates that optimists experience a number of benefits as a result of their outlook, including better job performance and a lower likelihood of depression.(PRWeb July 20, 2019)Read the full story at https://www.prweb.com/releases/all_is_well_new_study_by_psychtests_com_reveals_unexpected_advantages_of_optimism/prweb16451852.ht
Chateau Golf & Country Club in Kenner, LA near New Orleans hosts full day summer golf camps in 2019.(PRWeb July 20, 2019)Read the full story at https://www.prweb.com/releases/nike_junior_golf_camps_hosts_new_summer_camps_at_chateau_golf_country_club/prweb16453932.htm
NJ Top Docs has reviewed and approved Dr. Brian S. Glatt of Premier Plastic Surgery Center of New Jersey for 2019.(PRWeb July 20, 2019)Read the full story at https://www.prweb.com/releases/morristown_based_plastic_surgeon_brian_s_glatt_md_facs_named_nj_top_doc/prweb16450698.htm
Company Finalizes Term Sheet to Complete a Reverse Takeover of KMN Capital(PRWeb July 16, 2019)Read the full story at https://www.prweb.com/releases/from_the_earth_seeks_to_be_the_first_american_cannabis_company_to_join_tel_aviv_stock_exchange/prweb16433972.htm
Award Granted for AI-Powered Realistic Job Previews, Pushing the Industry Fast Forward(PRWeb July 16, 2019)Read the full story at https://www.prweb.com/releases/shaker_international_wins_ipac_2019_innovations_in_assessment_award/prweb16441899.htm
Financial Poise™ congratulates Editorial Board Chair Ron Diamond on his appointment to the advisory board of Monroe Capital.(PRWeb July 15, 2019)Read the full story at https://www.prweb.com/releases/financial_poise_editorial_board_chair_ron_diamond_named_to_the_advisory_board_of_monroe_capital/prweb16439977.htm
Forex Knowledge Resource
Making sense of Forex trading terminologyAre you looking to make some sense out of all these Forex terms used in the Forex market? Cross rate: the exchange rate between two currencies neither of which are the currencies of the country in... Read More
Forex Trading: Using Forex SignalsForex signals are suggestions to the trader about entry and exit points at which trades may be initiated and they will generally contain recommendations about timing and price. For convenience, these... Read More
Some Common Concerns About Forex TradingPending orders [caption id="attachment_296" align="alignright" width="300"] Learn before you start Forex trading.[/caption] A pending order is an order to initiate a position when the... Read More
Forex Trading - Mechanical TradingMechanical traders are usually relative beginners in the Forex markets and their focus is on systems and not on time. After they have spent time on back testing strategies with historical data, they... Read More
Forex Trading - The Best Strategy And The Best TimeThe best strategy One of the most important things that Forex traders should understand the behavior of different markets is different and the trading edge therefore needs to be... Read More
Forecasting Changes In Currency Exchange RatesMany people and companies involved with the Forex markets are interested in the direction of currency exchange rates. Making an accurate forecast to guide your investment decision making is important... Read More
Forex Trading - Scalping StrategyScalping is a trading strategy with a lot of action and involves a number of entries and exits into and from the market taking profits a few pips at a time. These profits are typically anywhere... Read More
Forex Trading - Trading On BreakoutsWhen the price breaks out of a specific trading range, the phenomenon is called a breakout. Breakouts can also happen when the price breaches a particular price level such as support and resistance... Read More
Forex Trading: Divergence TradingIf you are looking for a relatively low risk strategy to sell close to the top of a trend or buy close to the bottom, exit long positions profitably or execute a profitable short, you should be... Read More
Forex Trading - Popular Trading IndicatorsParabolic SAR This is an indicator which is used to establish the direction of price movement and pinpoint the time when the momentum of the movement has a reasonably high chance of changing... Read More
Education in its general sense is a form of learning in which the knowledge, skills, and habits of a group of people are transferred from one generation to the next through teaching, training, orRead More