US Oct advance goods trade balance USD -68.3 bln vs -64.9bln exp

US Oct advance goods trade balance data now out 28 Nov USD -64.1bln prev exports 129,084mln vs 130,334mln prev imports 197,381mln vs 194,447mln prev Soggy trade data as exports decrease and imports increase. Large imports could be considered bullish as a sign of domestic demand though.USD a little softer though with inventories data lower. Also can […]

EUR/USD analysis for November 28, 2017

Recently, the EUR/USD has been trading downwards. The price tested the level of 1.1874. According to the 30M time — frame, I found rejection from the pivot support 1 at the price of 1.1875, which is a sign that selling looks risky.Also, I found hammer and doji candles together with an oversold condition on a […]

Ireland’s deputy PM Fitzgerald agrees to resign

News out a short while ago but still unconfirmed 28 NovRepublic of Ireland’s deputy PM Frances Fitzgerald’s resignation over her link to proposed smear campaign against a police detective should prevent a no confidence vote. She has told the Irish cabinet she will leave office later today to avert a snap election and in turn weaken PM Varadkar’s position as he goes into crucial Brexit negotiations at […]