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Author Archives: Trade Advantage

Forex Flash: IMM positioning model underweight the JPY – NAB

Posted on 06:38 11/12 by Trade Advantage

FXstreet.com (Barcelona) – According to the latest IMM positioning report, markets were already adding to AUD longs, into the RBA meeting, note NAB Strategists, predicting that “the decision

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Forex Flash: IMM positioning model underweight the JPY – NAB

Posted in Futures

Forex: EUR/GBP waiting for Eurogroup Meeting, flat at 0.8 round

Posted on 06:38 11/12 by Trade Advantage

FXstreet.com (Barcelona) – EUR/GBP is currently consolidating right above previous weekly close Friday, around a tight 5-pip range 0.7999-0.8004 for last 5 hours, retracing from an early session

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Forex: EUR/GBP waiting for Eurogroup Meeting, flat at 0.8 round

Posted in Futures

Forex: GBP/USD stands at 1.59, above 200 DMA

Posted on 06:38 11/12 by Trade Advantage

FXstreet.com (San Francisco) – GBP/USD is consolidating losses made overnight Friday, holding practically flat around the 1.5900 mark with players sidelined due to the upcoming Veterans Day

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Forex: GBP/USD stands at 1.59, above 200 DMA

Posted in Futures

Forex Flash: ‘We have taken profit on our QE trades’ – RBS

Posted on 06:37 11/12 by Trade Advantage

FXstreet.com (San Francisco) – According to the Asia Strategist at RBS, President Obama’s re-election implies that “there will be no early end to easy monetary policy – something that

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Forex Flash: ‘We have taken profit on our QE trades’ – RBS

Posted in Futures

Forex Flash: A few thoughts on EUR, AUD & NZD – Wesptac

Posted on 06:37 11/12 by Trade Advantage

FXstreet.com (San Francisco) – Westpac on EUR/USD: “The delay in the decision on Greece’s loan tranche is chipping away at EUR, with Eurozone Q3 GDP likely to add to the gloom. We now

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Forex Flash: A few thoughts on EUR, AUD & NZD – Wesptac

Posted in Futures

Forex: EUR/USD, bear calls hard to disagree

Posted on 06:37 11/12 by Trade Advantage

FXstreet.com (Barcelona) – After the unperturbed 7-week range in EUR/USD, the market finally made a major technical statement, as the inequality between buying and selling forces widened in

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Forex: EUR/USD, bear calls hard to disagree

Posted in Futures

Weekly CFO Buys Highlight: ENSV, DKL, PXLW, GNW, VRX

Posted on 06:37 11/12 by Trade Advantage

According to GuruFocus Insider Data , these are the largest CFO buys during the past week. The overall trend of CFOs is illustrated in the chart below: Enservco Corp. ( ENSV ):

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Weekly CFO Buys Highlight: ENSV, DKL, PXLW, GNW, VRX

Posted in Futures

JP: Machine Tool Orders (YoY): -6.700 %

Posted on 06:00 11/12 by Trade Advantage

Date (GMT) Event Cons. Actual Previous Nov 12 06:00 Machine Tool Orders (YoY) -6.700 % -2.800 % Read the latest figures at JMTBA

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JP: Machine Tool Orders (YoY): -6.700 %

Posted in Daily News Events

Forex: AUD/USD bounces from trend line; bid above 1.04

Posted on 04:38 11/12 by Trade Advantage

FXstreet.com (San Francisco) – The Australian dollar is moving higher against its U.S. counterpart this afternoon in Asia, with AUD/USD extending the bounce from ascending trend line support (Oct

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Forex: AUD/USD bounces from trend line; bid above 1.04

Posted in Futures

Forex: GBP/AUD finally slips below key Fibo

Posted on 04:38 11/12 by Trade Advantage

FXstreet.com (San Francisco) – GBP/AUD slipped to fresh 3-month lows Monday in Asia on AUD buying interest, managing to finally push below the 50% Fibonacci retracement (1.5295) of the rally

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Forex: GBP/AUD finally slips below key Fibo

Posted in Futures

Forex: EUR/AUD halts the downfall around 50% Fibo retrace above 1.22

Posted on 04:37 11/12 by Trade Advantage

FXstreet.com (Barcelona) – EUR/AUD is currently trading at session lows 1.2216, just around 20 pips above fresh 2-month lows printed past Thursday, and right below 50% Fibo retrace of latest

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Forex: EUR/AUD halts the downfall around 50% Fibo retrace above 1.22

Posted in Futures

Forex Flash: USD/JPY may test 79.70-80.00 – BBH

Posted on 04:37 11/12 by Trade Advantage

FXstreet.com (Barcelona) – USD/JPY sold-off towards 79.00 last Friday, yet a vigorous bounce managed to recover prices just under 79.50, where the pair stands now. The new 3-week low

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Forex Flash: USD/JPY may test 79.70-80.00 – BBH

Posted in Futures

Forex Flash: RBNZ rate cut unlikely; year-end NZD/USD target 0.8200 – BNZ

Posted on 04:37 11/12 by Trade Advantage

FXstreet.com (San Francisco) – Prospects of an RBNZ rate cut are now considered less likely after improving prospects for the global economy and on lackluster NZ indicators, which should

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Forex Flash: RBNZ rate cut unlikely; year-end NZD/USD target 0.8200 – BNZ

Posted in Futures

Forex: AUD/JPY slightly higher on risk appetite

Posted on 04:36 11/12 by Trade Advantage

FXstreet.com (Barcelona) – Slightly risk sentiment improvement in Asia-Pacific on relatively better than expected trade balance figures coming out of China during the weekend is pushing AUD/JPY

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Forex: AUD/JPY slightly higher on risk appetite

Posted in Futures

This Trifecta Means You Should Be Following the Gold Story

Posted on 04:36 11/12 by Trade Advantage

Gold  is back in play. There’s a veritable trifecta of forces that make gold the most interesting speculation/story for the rest of the year. With Obama’s re-election in the US, all

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This Trifecta Means You Should Be Following the Gold Story

Posted in Futures

Forex Flash: EUR/USD targets a drop to the upper 1.24 – TDS

Posted on 02:38 11/12 by Trade Advantage

FXstreet.com (Barcelona) – Last week’s break through support in the low 1.28 area (200-day MA and the September/October range base), according to Shaun Osborne, Chief FX Strategist at TD

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Forex Flash: EUR/USD targets a drop to the upper 1.24 – TDS

Posted in Futures

Forex: AUD/NZD little changed around 1.2750

Posted on 02:38 11/12 by Trade Advantage

FXstreet.com (Barcelona) – Following Thursday’s huge spike on AUD/NZD in reaction to much worse than expected unemployment data in New Zealand, the cross printed fresh 2-month highs later on that

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Forex: AUD/NZD little changed around 1.2750

Posted in Futures

Forex: GBP/JPY drop stalls at 50% Fibo

Posted on 02:37 11/12 by Trade Advantage

FXstreet.com (San Francisco) -Spot retreated sharply from the 129.60 resistance zone last week, and Friday saw GBP/JPY find support at the 50% Fibonacci retracement of the downswing from 133.46

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Forex: GBP/JPY drop stalls at 50% Fibo

Posted in Futures

Guru Stocks at 52-Week Lows: INTC, MCD, OXY, DCM, DD

Posted on 02:37 11/12 by Trade Advantage

According to GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows. Intel Corp. ( INTC ) Reached the 52-Week Low of $20.86 The prices of Intel Corp. (

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Guru Stocks at 52-Week Lows: INTC, MCD, OXY, DCM, DD

Posted in Futures

Forex Flash:We look to buy EUR/USD at 1.2640 – NAB

Posted on 02:37 11/12 by Trade Advantage

FXstreet.com (Barcelona) – NAB FX Team looks to buy EUR/USD at 1.2640 for a recovery to 1.29/1.30. Stop 1.2480; “We accept in the current environment any sizeable relief rally may be some

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Forex Flash:We look to buy EUR/USD at 1.2640 – NAB

Posted in Futures

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