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BT is expected to announce as soon as December 15th whether it plans to buy EE or O2 to reenter the mobile phone market, The Sunday Times reported. The FTSE 100 telecoms company was working on a deal at the weekend with a statement due early in the coming week. BT is thought to favour O2 but could still opt for EE, which is jointly owned by Orange and Deutsche Telekom. EE would cost between £10.5bn and £11bn and O2 would cost between £9bn and £9.5bn.12 days ago
London's stock market declined for the fourth straight day on Thursday as ongoing concerns about global growth and heavy falls in the mining sector erased earlier gains.2 weeks ago
Travel companies Easyjet and International Consolidated Airlines Group were boosted by the fall in oil prices, on hopes that lower fuel costs will boost profitability.2 weeks ago
UK stocks retreated into the red after a positive start on Thursday as renewed concerns about the health of the Eurozone pressured mining stocks lower.2 weeks ago
UK stocks edged higher on Thursday after sinking to a five-week low, though gains were only modest ahead of a data-heavy session.2 weeks ago
In my previous article, I introduced the Ichimoku Cloud, a comprehensive chart analysis tool that can give a very good probability of successful trades when used correctly and in conjunction with the deployment of a robust risk management strategy.
The previous article looked at how to understand the Ichimoku Cloud, and this article follows that by focusing on how to use the Ichimoku Cloud to improve your trading, how to recognise a buy signal and how to recognise a sell signal.
Janet Yellen, the chair of the US Federal Reserve, has held a fine balance in my eyes and overall gave the market a boost it very much needed, before it was due to sink into oblivion just as Santa was dusting off his sleigh – we say hooray!
The rhetoric was very closely scrutinised but it’s changed the forward guidance language. They have stated categorically they can still ‘wait a considerable time’ – same language as before.
The Kiwi has been wanting to confirm a change in direction for today to the downside and it drops below the 0.7800 level. Today’s price action has stayed below the main pivot point, which is around the 0.7819 level.
The pivot points are actually levels of support or resistance where the price tends to change direction. Some traders watch the pivot points for breakouts, other for bounces.
If you have learned about options in theory until now but have never traded an option, you may not know what to expect. Let’s start by showing you an image of a basic Buy Call trade.
Take a close look at the trade, what do you see? What comprises the basic Buy Call trade above? Here is a quick breakdown:
The 200 Period Exponential Moving Average (EMA) can act as a very good resistance or support area, especially on the higher time frames. That is why when we see that the AUD/USD has reached its 200 EMA on the monthly chart, we should pay attention to the next moves on the pair.
Obviously, we should not leave out the fundamentals and as long as the Federal Reserve of the United States keeps hinting into applying higher interest rates, the Australian Dollar could remain weak versus the US Dollar.
Daily global markets overview for the 23rd December 2014. Also the overnight activity and what can be expected in the markets today. Information straight from the traders’ desks. Insights on commodities, equities, stocks and forex currencies.