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Learn how to avoid trading in the middle of nowhere and avoid those iffy trades. Nenad shows traders how they can focus on trading points of confluence in stead for entries. And how they can can use ATR for exiting.

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EUR/USD bounces from 1.18 after robust German Manufacturing PMI

EUR/USD is trading above 1.18 after German Manufacturing PMI beat estimates. Other PMIs missed expectations. US fiscal stimulus and the election developments are eyed.


USD/JPY under pressure below 105.00, UK-Japan strike trade deal

USD/JPY remains below former support-turned-hurdle at 104.94, as Japan's CPI slipped for the second straight month in September. The UK seals first big post-Brexit deal with Japan. US Presidential debate ends, S&P 500 futures turn positive. 


GBP/USD retreats amid mixed Brexit headlines

GBP/USD has retreated from the highs around 1.31 after UK minister Truss reiterated that the UK could leave without a deal. Ireland´s Coveney expressed more optimism. UK retail sales beat estimates while PMIs were mixed.


XAU/USD's reversal from $1,914 contained at $1,895 support area

Gold’s upside attempt witnessed during the Asian and European trading sessions has been halted at $1,914 on the Early US session as market sentiment plunged and the precious metal has dropped to find support at $1,895.

Gold News

WTI hits one-week low at $39.55 after Baker Hughes’ report

Front-month WTI futures’ reversal from day tops near $41 has extended to one-week lows at $39.55 on Friday after Baker Hughes reported that US oil and gas rigs increased to their highest level since May last week.

Oil News