ZuluTrade Blog
Image

Daily Morning Briefing

XAUUSD turns out to be a winner after OIL and Stock market's concerns

Friday, May 26, 2017 6:37 AM GMT
XAUUSD turns out to be a winner after OIL and Stock market’s concerns. USOIL was pushed lower after OPEC’s meeting and this caused a correction in most of the major indices like SP500, DAX30 etc. [More]
Image

OPEC is shaking up USOIL

Thursday, May 25, 2017 5:18 AM GMT
OPEC is shaking up USOIL today. It fell down almost to 50 level and retraced back to 51 in a few minutes. Saudi Arabia’s energy minister, Al – Falih, said that OPEC is likely to extend the output cuts for nine more months. [More]
Image

Daily Morning Briefing

GBPUSD is moving steady within a rising channel

Wednesday, May 24, 2017 5:34 AM GMT
GBPUSD is moving steady upwards within a rising channel for the last month. The agenda is full of events, starting with Theresa May’s comments about Manchester’s terrorist attack and then China’s downgrade to A1 from Aa3 by Moody’s for the first time in nearly 30 years. This caused a little nervousness in Asian session. [More]
Image

Daily Morning Briefing

DAX Moves Sideways Up

Tuesday, May 23, 2017 7:40 AM GMT
The German Index is moving sideways up last 4 days after the sell-off candle on previous Wednesday. However, buyers have yet managed to cover the bearish candle. This is something that you need to take into consideration because the downside potential scenario isn’t done yet. [More]
Image

Daily Morning Briefing

USDCHF still can't recover

Tuesday, May 23, 2017 6:14 AM GMT
USDCHF is still under selling pressure today as well. Yesterday there was a balance between sellers and buyers, but sellers took control once again. The pair remains deeply bearish and continues taking stop losses of the bulls. [More]
Image

Daily Morning Briefing

EURUSD pulls back after reaching 1.12

Monday, May 22, 2017 5:38 AM GMT
EURUSD is pulling back after reaching another round level 1.12. Euro records the highest level in 6 months on Dollar weakness. Dollar remains a mystery as Trump is doing business overseas. He closed deals of 380 billion, with Saudi Arabia and he is going to Israel now. [More]
Image

Daily Morning Briefing

Trading Levels for EURJPY

Friday, May 19, 2017 7:32 AM GMT
EURJPY is consolidating near the highs after an amazing run from the lows (115). On Wednesday, the pair created a very bearish candlestick and while it was pushed lower yesterday, finally, it regained most of its losses. [More]
Image

Daily Morning Briefing

USOIL is approaching the psychological 50 Level

Friday, May 19, 2017 6:11 AM GMT
USOIL continues heading to 50$ level after regaining around 6$ from the lows at 44. The 50 level is an important psychological area for the market. If Crude violates it to the upside with volume, then it targets 52 area. [More]
Image

Daily Morning Briefing

AUDUSD got fueled from Jobs Data

Thursday, May 18, 2017 6:54 AM GMT
Aussie recorded a 2 week high and boosted from better than expected Jobs data earlier today. The Unemployment Rate fell lower than previous month (Previous: 5.9%, Forecast: 5.9%, Actual: 5.7%) and Employment Change was better than expected (Previous: 60.0K, Forecast: 5.0K, Actual: 37.4K). [More]
Image

Daily Morning Briefing

EURCAD Daily Trading Plan

Thursday, May 18, 2017 5:48 AM GMT
This analysis may give two potential trading setups by providing entries as well as exits. We keep it really simple and straightforward. Always review your own analysis, if there is confluence between this and your own strategy, then you may have even better trading setups. [More]

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. Forex Brokers and ZuluTrade are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. Signing up is totally free, and there is NO contract and NO monthly fees, ever.

This blog is for informational purposes only. This blog is not intended for distribution channels and may not be reproduced or distributed without the permission of Zulu Trade ltd or any of its affiliated entities (“ZuluTrade”). All opinions, news, prices or other information contained in this blog are provided as general market commentary and this report does not contain and it is in not to be considered in any circumstance as market analysis, offer or solicitation to buy or sell any financial instruments, personalized or general recommendation for any investment decision or investment strategy by ZuluTrade, in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this blog should not be construed as financial or investment advice on any subject matter. The financial instruments referred to herein may not be suitable for all investors and any investments on such financial instruments requires the assessment by each investor and its counsels of the investor’s investment characteristics, including the investment risks which the latter is willing to assume. This blog has been based on information which has been made public, obtained from sources believed to be reliable, but it has not been verified by ZuluTrade. No representation or warranty (expressed or implied) is made as to the accuracy, completeness, correctness, timeliness or fairness of the information or opinions herein, all of which are subject to change without notice. No responsibility of liability whatsoever of howsoever arising is accepted in relation to the contents hereof by ZuluTrade or any of its directors, officers, employees. Further, no representation is being made that any results will be achieved, and past performance is not indicative of future performance.