European Stocks Decline, Oil Hits 7-Year on IEA Warning

The rout in European stocks continued on Friday after a warning by the International Energy Agency (IEA) about a worsening supply glut pushed oil...

Prodigy tradersdna: #USDJPY Buying Support at the Bottom of the Range

#GBPUSD on 8 Dec, looking for a selling opportunity as the market was pushing through and breaking out underneath the 1.5000-level. You can see historical...

US Dollar Rebounds, but Pressure Remains

The US dollar rebounded against a basket of currencies on Thursday, but remained under pressure amid growing selling interest, suggesting that investors are becoming...

Commodities Stabilize, Dollar Declines

Commodity prices stabilized on Wednesday, while the US dollar declined sharply in favour of the euro as investors refrained from using the common currency...

Prodigy Trader DNA GBPUSD watching for signs of breakout

#AUDUSD, I want to zoom out to the weekly chart, first off, to give it a longer-term vantage point for this currency pair. That’s...

Data Sparks AUDUSD Surge

The longstanding efforts of the Reserve Bank of Australia have largely paid off when it comes to preserving economic momentum in the nation as...

Oil Prices Hit 2009 Lows, Global Stocks Plunge

Oil prices plunged to new seven-year lows on Tuesday, dragging down global stocks in belated response to OPEC’s decision last week to keep crude...

European Stocks Surge, Oil Continues Lower

European stocks surged on Monday, following Wall Street’s lead after markets regained confidence that the European Central Bank would do more to boost the...
Japanese Yen trades as a "Safe Haven" used by investors/traders to park trading funds.

Forex Brokers Update — December 6th, 2015

Two new brokers have been added to the list of FX companies on TradersDNA.com this week: Kawase — a regulated Cypriot broker with a Japanese name. They offer cTrader STP accounts...

EUR/USD Surges as ECB Moves to Boost Euro Area Economy

The EUR/USD surged 200 pips on Thursday, recovering from eight-month lows after the European Central Bank (ECB) extended its stimulus program in an effort...
EUR vs USD TradersDNA image

EUR/USD Declines on Weak Eurozone CPI ahead of ECB Meeting

The EUR/USD declined on Wednesday, falling below 1.06 after weaker than expected Eurozone inflation data strengthened the case for more expansive monetary policy by...

Finance Magnates London Summit 2015 – a personal review…

  I recently had the opportunity to attend the Finance Magnates London Conference (FMLC). This is a renaming of the former Forex Magnates London Conference...

Prodigy tradersdna: Cautiously Selling EURUSD into Resistance Zone by Ross Mullins

01Dec2015 Prodigy-Trader-Program-Ross-Mullins-Selling-EURUSD-48 First off, starting here on the NZDUSD, we talked about this black box over here on the right-hand side of the chart, where...

Asian Stocks Snap Back on China Data

Asian stocks rebounded following last week’s rout, as investors digested mixed China manufacturing data amid ongoing brokerage probes. Mainland China stocks posted modest gains on...

Prodigy Trader DNA: Weekly Forex Majors Overview by Ross Mullins

  It’s important to note one thing is that this is our last trading day of the month of November. It’s the last day of...

ECB Stimulus Bets Lift Stocks, Weigh on Euro

European stocks were trading at three-month highs on Monday, while the euro weakened against the dollar as investors prepared for the European Central Bank (ECB)...

Gold Crumbles, Dollar Spikes after Thanksgiving

The price of gold fell back near six-year lows on Friday and was headed for a sixth straight weekly decline, as the dollar firmed...

European Stocks Maintain Rally on Stimulus Hopes

European stocks advanced further on Thursday and were on track for three-month highs, as investors continued to price-in additional stimulus by the European Central Bank as...

US Dollar Index Hits 100.00

The US dollar strengthened against a basket of currencies on Wednesday, as stronger than expected economic data reinforced the view that the Federal Reserve...

Is Apple at a crossroads?

Apple, Inc. (AAPL; NASDAQ) continues to ride high on record sales and revenues after a blisteringly strong quarterly earnings report last month. The company...