Financial News

BTCCNY Price Technical Analysis – Breakdown Alert!
BTCCNY Price Technical Analysis – Breakdown Alert!

Forexminute (July 21, 2016 BST) -

BTCCNY could be in for a reversal from its previous uptrend as price broke below the ascending channel support on the 1-hour time frame. Price also moved below the moving averages, indicating ...
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Gold and Silver Likely to be Forming Price Bottoms
Gold and Silver Likely to be Forming Price Bottoms

Forexminute (December 4, 2014 BST)

Gold (XAU/USD) Daily Chart 12/4 (click to enlarge) Gold price appears to be forming a bottom since November's ...Continue reading →


Gold and Silver Sliding after the Hawkish FOMC
Gold and Silver Sliding after the Hawkish FOMC

Forexminute (January 29, 2015 BST)

Gold and silver have been bullish in 2015 partly because the USD was consolidating. The USD was consolidating because ...Continue reading →


Daily Financial Markets Update: OPEC Meeting to Sway Commodity Prices
Daily Financial Markets Update: OPEC Meeting to Sway Commodity Prices

Forexminute (June 2, 2016 BST)

The Japanese yen was stronger across the board thanks to Prime Minister Abe’s confirmation that the sales tax hike ...Continue reading →


Daily Financial Markets Update: Crude Oil Reaches $50/Barrel!
Daily Financial Markets Update: Crude Oil Reaches $50/Barrel!

Forexminute (May 26, 2016 BST)

The Canadian dollar was able to recover against its forex peers when the Bank of Canada refrained from cutting interest ...Continue reading →


Daily Stocks Update: Risk On in US and Asia, Europe Down After ECB
Daily Stocks Update: Risk On in US and Asia, Europe Down After ECB

Forexminute (June 3, 2016 BST)

Investors retained their appetite for risk in the latest US trading session, as indices closed with gains ahead of ...Continue reading →


Daily Stocks Update: Japanese Firm Softbank to Sell Alibaba Shares
Daily Stocks Update: Japanese Firm Softbank to Sell Alibaba Shares

Forexminute (June 1, 2016 BST)

US equity indices had a mixed performance, with the Dow 30 index down 86.02 points to 17,787.20 (-0.48%), the S&P ...Continue reading →


Daily Financial Markets Update: Risk Appetite Returning?
Daily Financial Markets Update: Risk Appetite Returning?

Forexminute (May 31, 2016 BST)

The Japanese yen lost a lot of ground to its forex counterparts yesterday when more sources confirmed Prime Minister ...Continue reading →


Daily Stocks Update: US Equities Cheer GDP Upgrade, Yellen’s Testimony
Daily Stocks Update: US Equities Cheer GDP Upgrade, Yellen’s Testimony

Forexminute (May 30, 2016 BST)

US economic events were mostly upbeat on Friday, as the Q1 GDP reading was upgraded from 0.5% to 0.8% as expected while ...Continue reading →


Don’t Let Frugality Overshadow Your Investment Nuance
Don’t Let Frugality Overshadow Your Investment Nuance

Forexminute (September 21, 2015 BST)

It is good to be thrifty in spending, but most people often let their frugal approach to money management ...Continue reading →


Belarus’ Ruble Spirals Amid Weaker Russian Economy
Belarus’ Ruble Spirals Amid Weaker Russian Economy

Forexminute (August 24, 2015 BST)

[caption id="attachment_62258" align="alignnone" width="525"] Belarus' Ruble Spirals Amid Weaker Russian ...Continue reading →


Types of Short Term Trades
Types of Short Term Trades

Forexminute (July 9, 2015 BST)

In the forex market, you can either be a casual trader or a serious investor. What separates one from another is ...Continue reading →


Trader Meet Up to Host an Online Event for Forex Investors
Trader Meet Up to Host an Online Event for Forex Investors

Forexminute (July 1, 2015 BST)

Summary – Trader Meet Up is a leader in virtual expos that's known for connecting traders and brokers; and in ...Continue reading →


Canadian GDP Keeps USD/CAD Temporarily Under 1.25
Canadian GDP Keeps USD/CAD Temporarily Under 1.25

Forexminute (March 3, 2015 BST)

The USD/CAD has been consolidating since hitting a high on the year near 1.28. It has fallen to about 1.2360 and has ...Continue reading →


Understanding Market Sentiment in Forex Trading
Understanding Market Sentiment in Forex Trading

Forexminute (August 25, 2015 BST)

Understanding changes in market sentiment is relevant in forex trading because higher-yielding currencies or those with ...Continue reading →


USD Retreats after Poor Factor Orders Data
USD Retreats after Poor Factor Orders Data

Forexminute (June 2, 2015 BST)

In April, factory orders fell at the rate of -0.4% compared to the previous month. This print fell short of forecasts ...Continue reading →


EUR/USD Continues to Squeeze After Positive CPI Data
EUR/USD Continues to Squeeze After Positive CPI Data

Forexminute (June 2, 2015 BST)

The EUR/USD started the week with a bearish breakdown of a flag pattern formed last week. During the June 1st session, ...Continue reading →


BTCCNY Price Technical Analysis – Breakdown Alert!
BTCCNY Price Technical Analysis – Breakdown Alert!

Forexminute (July 21, 2016 BST)

BTCCNY could be in for a reversal from its previous uptrend as price broke below the ascending channel support on ...Continue reading →


BTCUSD Price Technical Analysis – Bulls to Return?
BTCUSD Price Technical Analysis – Bulls to Return?

Forexminute (July 20, 2016 BST)

BTCUSD is still inside its ascending channel visible on the 1-hour time frame, confirming that the uptrend could ...Continue reading →


ETHXBT Price Technical Analysis – Buyers Ready to Push Higher
ETHXBT Price Technical Analysis – Buyers Ready to Push Higher

Forexminute (July 19, 2016 BST)

ETHXBT is gaining traction on its uptrend upon breaking past a descending triangle resistance recently. Price is ...Continue reading →


BTCCNY Price Technical Analysis – Ready for a Channel Bounce!
BTCCNY Price Technical Analysis – Ready for a Channel Bounce!

Forexminute (July 19, 2016 BST)

BTCCNY is still on a steady uptrend and safely inside its ascending channel formation on the 1-hour time frame. ...Continue reading →


LTCUSD Price Technical Analysis – Downtrend Pullback
LTCUSD Price Technical Analysis – Downtrend Pullback

Forexminute (March 8, 2016 BST)

LTCUSD price recently broke below a near-term support area, signaling that it is on a downtrend. However price ...Continue reading →


LTCUSD Price Technical Analysis – Stuck in a Triangle!
LTCUSD Price Technical Analysis – Stuck in a Triangle!

Forexminute (March 1, 2016 BST)

LTCUSD has been forming lower highs and higher lows, creating a symmetrical triangle pattern on its 1-hour time ...Continue reading →


LTCUSD Price Technical Analysis – Short-Term Channel
LTCUSD Price Technical Analysis – Short-Term Channel

Forexminute (February 26, 2016 BST)

LTCUSD has previously formed a short-term reversal pattern and broken below the neckline confirmation, indicating ...Continue reading →


LTCUSD Price Technical Analysis – Triangle Resistance Holding!
LTCUSD Price Technical Analysis – Triangle Resistance Holding!

Forexminute (February 24, 2016 BST)

LTCUSD has formed lower highs and found support near 3.000, creating a descending triangle chart pattern on its ...Continue reading →


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