TAG: Euro
Trade of the week: long USD/JPY
(AI Video Summary) Previous S&P 500, VIX and EUR/JPY trading outcomes In this week's "Trade of the week" video, Axel Rudolph talks about his recent trading experiences and offers some advice for someone who doesn't have much experience in trading. He...
7 months ago
Bounce in EUR/USD continues while EUR/GBP slips and GBP/USD rises
EUR/USD still bounces off four-month low EUR/USD's recovery off last week's $1.0695 low is still targeting the December-to-February downtrend line at $1.0796 above which sits the 5 February high at $1.0805 which may cap again, though. While this is t...
7 months ago
Trading volatility: EUR/USD eyes US inflation and ECB rates decision this week
(AI Video Summary) Watching EUR/USD pair in the coming week The week of April 8th presents notable trading risk events, particularly in the US CPI inflation data release and the FOMC meeting minutes. Following these, the ECB's policy statement and rate an...
6 months ago
EUR/USD, EUR/GBP and GBP/USD resume their ascents post strong US employment report
EUR/USD rises post NFP The EUR/USD rally off the $1.0724-23 December and early-February lows has taken it to Thursday's $1.0876 high before giving back some of its recent gains around Friday's Non-Farm Payrolls. The $1.0876 high was made marginally below...
6 months ago
EUR/USD, GBP/USD took a hit while USD/JPY surged higher post US CPI print
EUR/USD fell out of bed EUR/USD swift bearish reversal has taken it back down towards key support seen between $1.0725 and $1.0694. Here the cross is expected to once again stabilize, at least short-term. If not, a longer-term bearish signal would be trig...
6 months ago
Beat the street: PPI; Iron ore; hot cocoa; euro tumbles after ECB keeps rates on hold
London and New York cocoa futures trade near record high prices amid signs of sustained demand, supply remains difficult. Euro hits two-month low after the European Central Bank held rates at a record high. (AI Video Summary) US stock futures show ca...
6 months ago
Trading volatility: GBP around UK inflation data
The big question is whether it’s worth setting up a trade around the pound against the dollar or euro. Having seen the ECB nail its colours to the mast with its rate decision, there may be more stability for GBP/EUR leading up to the event, but GBP/USD is...
6 months ago
EUR/USD stabilises while EUR/JPY, USD/JPY rally
EUR/USD last week turned medium-term bearish Friday's EUR/USD fall through and daily chart close below its $1.0694 February low confirmed the resumption of the medium-term bear market which began in December with the $1.05 region being in focus. A slip th...
6 months ago
US dollar strength is here to stay: USD/JPY targets ¥160.16, EUR/USD $1.0449, GBP/USD $1.2200 region
The US dollar trades in five-month highs and has further upside in store A robust US labour market, sticky inflation, pushed back US rate cut expectations, and escalating tensions in the Middle East have led to a 3.5% rally in the US Dollar Basket over th...
6 months ago
EUR/GBP tries to recover as EUR/JPY and USD/JPY continue to rise
EUR/GBP holds at support EUR/GBP tries to overcome the 55-day simple moving average (SMA) at £0.8549 and reach the £0.856 to £0.857 zone. On Monday the cross slid to £0.8527, below which lies the £0.8499 February low. Source: TradingView.com...
5 months ago
Trading the trend: short EUR/USD
(AI Video Summary) Previous soybeans and VIX trading outcomes In this week's "Trading the trend" episode, Axel Rudolph focuses on recent and new trading strategies. Two weeks prior, he recommended shorting soybeans - a position that proved profitable. He...
5 months ago
Trading volatility: EUR/USD around EU data on Tuesday
There’s preliminary GDP in Germany and the eurozone, German retail sales and jobs and French CPI. On the assumption the data will be the polar opposite of US, there’s a potential short trade on EUR/USD. (AI Video Summary) Weaker European data against...
5 months ago
Technical cheat sheet: how to trade the euro against a cautious USD
In this week’s Technical cheat sheet, we’re diving into the EUR/USD currency pair, which has seen only a slight price fluctuation from 107.80 to 107.60 since mid-February. It appears the market is taking a breather, and we’re noting an environment of caut...
5 months ago
Trading the trend: short EUR/USD
(AI Video Summary) Previous natural gas trading outcome In this week's "Trading the trend" hosted by Chris Beauchamp on 24 July, the discussion centres on effective trading strategies for the week. Last week’s recommendation by fellow IG analyst, Axel Rud...
2 months ago