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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Friday, 23 August 2013

Forex - EUR/USD gains on soft U.S. housing data

Disappointing data on new U.S. home sales sent the dollar weakening against the euro on Friday by keeping expectations alive by many that monetary policy in the U.S. will remain ultra-loose for the foreseeable future. In U.S. trading on Friday, EUR/USD was up 0.32%...

Forex - GBP/USD erases gains despite U.K. growth data

The pound erased gains against the U.S. dollar on Friday, despite upbeat U.K. economic growth data released earlier in the day, as expectations for a near-term end to the Federal Reserve's stimulus program still supported the greenback.  GBP/USD pulled away from 1.5638,...

Forex - EUR/USD erases losses after downbeat U.S. data

The euro erased losses against the U.S. dollar on Friday, as the release of downbeat U.S. new home sales data weighed on demand for the greenback.  EUR/USD pulled away from 1.3334, the session low, to hit 1.3368 during U.S. morning trade, adding 0.09%.  The...

New home sales fall more-than-expected

New home sales in the U.S. fell more-than-expected last month, official data showed on Thursday. In a report, the Census Bureau said that new home sales fell to a seasonally adjusted annual rate of 394K, from 455K in the preceding month whose figure was revised down from...

U.S. stocks open higher ahead of data; Dow Jones up 0.17%

U.S. stocks opened higher on Friday, a day after trading was halted in all Nasdaq securities for more than three hours, as markets eyed the release of U.S. new home sales data later in the day.  During early U.S. trade, the Dow Jones Industrial Average added 0.17%, the...

Forex - USD/JPY near 3-week highs, eyes on U.S. data

The U.S. dollar was trading near three-week highs against the yen on Friday, ahead of U.S. new home sales data, as growing expectations for the Federal Reserve to soon begin tapering its stimulus program sent the greenback broadly higher.  USD/JPY hit 99.15 during...

Forex Trading Signal for 23rd August 2013

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Gold futures edge higher in thin trade

Gold futures edged higher in thin trade on Friday, as Thursday's U.S. jobless claims data continued to support the precious metal, although growing expectations for a near-term end to the Federal Reserve's stimulus program weighed. On the Comex division of the New York Mercantile...

U.S. futures dip ahead of new home sales; Dow Jones down 0.11%

U.S. stock futures pointed to moderately lower open on Friday, ahead of the release of U.S. new home sales data and amid growing expectations for a near-term end to the Federal Reserve's bond-buying program.  Ahead of the open, the Dow Jones Industrial Average futures...

Dollar broadly higher vs. rivals, U.S. data ahead

The U.S. dollar was broadly higher against the other major currencies on Friday, supported by growing expectations for a near-term end to the Federal Reserve's stimulus program, while investors eyed the release of U.S. new home sales data later in the day.  During European...

Forex - GBP/USD rises on upbeat U.K. growth data

The pound rose against the U.S. dollar on Friday, boosted by the release of upbeat U.K. economic growth data, while uncertainty over the future of the Federal Reserve's stimulus program.  GBP/USD hit 1.5638 during European morning trade, the pair's highest since...

European stocks fall in subdued trade; Dax down 0.22%

European stocks were lower in subdued trade on Friday, after U.S. jobless claims data on Thursday sparked fresh uncertainty over the future of the Federal Reserve's stimulus program.  During European morning trade, the EURO STOXX 50 fell 0.28%, France’s CAC 40 retreated...