Goldman Sachs says it's time to buy the euro

Goldman Sachs sees upside for the euro The euro spent the latter part of the week flirting with 1.2000 but unable to break above. Analysts at Goldman Sachs believe that it's only a matter of time until it breaks through and runs to 1.2500. They've raised their three-month EUR/USD target to that level from 1.2100.

Non-trend transitions to Trend. Make that simple phrase a part of your trading mindset.

Learn how to catch more trends by following that simple trading mantra Many traders look at sideways markets as a time to fall asleep and ignore that market or specific currency pair. In reality, there comes a time in the sideways markets, where you need to become uber aware of the price action. The reason?  Non-trend transitions to trends. 

ForexLive Americas FX news wrap: Cable powers higher in outside reversal

Forex news for North American trade on April 16, 2021: Markets: - Gold up $11 to $1775 - US 10-year yield up 1 bps to 1.58% - WTI crude oil down 34-cents to $63.12 The impressive reversal in cable on Friday was the main event in the FX market. It slumped down to 1.3717 in Asia but turned around and

US stocks hit another closing record as the party continues

Closing changes for the main North American markets On the week:

CFTC Commitments of Traders: Little changes in the futures net position data for the week

Weekly forex futures positioning data for the CFTC for the week ending April 13, 2021 - EUR long 67K vs 68K long last week. Longs trimmed by 1K - GBP long 26K vs 20K long last week. Longs increase by 6K

US stocks climb to a fresh record high into the final hour of trading

Strong finish to the week The S&P 500 is at a fresh record, up 17 points to 4187. This chart is starting to look like dogecoin.

What key earnings are scheduled for next week

The major earnings releases for the week starting April 19 The banks had stellar earnings this week, to kick off the current earnings season. What is scheduled for next week? Below is a snapshot of some of the major releases.

WTI crude oil futures settle at $63.13

WTI crude oil futures to settle at $63.13, up $0.33 or 0.52% The June contract settled lower by $0.32 at $63.14

AUDUSD catches it's breathe after run higher

Price trended higher this week. In my latest video, I focus on the non-trending nature of the AUDUSD and how it based and rocketed higher. You can see it . HERE

Cuban leader Raul Castro confirms he will step down this weekend

Castro had long planned to step down in 2021 In 2016, Raul Castro said he would step down in five years but in a country that's been led by the same family for six decades, that certainly wasn't take for granted.

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