News 

Widow of Forex fraudster has to pay more than $800,000 because of his scam

“Mr Karroum further misled investors by providing materially false or misleading account statements purporting to show profits from Forex trading” reports financefeeds.com. From December 2007 through May 2014, Mr Karroum solicited approximately $4 million from 18 investors for himself and on behalf of his company to be used for Forex trading. Source: financefeeds.com Share This:

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News Reviews USD 

USD Daily Review April 18, 2018

USD Daily Review for April 18, 2018 The dollar is sliding — and that’s great for Corporate America The US dollar is getting weaker, even as President Trump complains about China devaluing its currency.   GBP/USD, S&P 500 Breakouts in Focus as USD, EUR/USD Remain in Range Breakouts in risk markets are in-focus as we near UK inflation numbers for the month of March, and this is happening as earnings season continues   USDJPY Continues to Trade With Mixed Bias The combination of current sentiment and recent changes gives us…

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GBP News Reviews 

GBP Daily Review April 18, 2018

GBP Daily Review for April 18, 2018 EURGBP Nudges Higher; Ignores Weak EZ Sentiment Data EURGBP edges higher Tuesday despite record UK employment figures and a weaker than expected Euro-Zone economic sentiment print.   The pound’s comeback defies Brexit gloom The currency, battered so badly in the aftermath of Britain’s vote to leave the European Union, has staged a comeback so far this year.   Ichimoku Charts That Matter: Havens Weaken While GBP, AUD Charge Ahead Shocks tend to happen in the direction of the trend, and Ichimoku does a…

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News 

CFTC goes after ex-convict over proprietary Forex trading fraud

“In oral and written communications with prospective traders, Salerno made numerous fraudulent misrepresentations and omissions” reports financefeeds.com. The CFTC estimates that Salerno hired no less than at least 150 prospective traders to work at the Black Diamond Entities.Thus, for instance, he claimed that he would match the prospective trader risk capital deposit with a multiple of (usually 10 times) the prospective trader’s risk capital deposit and place the combined funds in a live proprietary forex trading account set up for the prospective trader. Source: financefeeds.com Share This:

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EUR News Reviews 

EUR Daily Review April 18, 2018

EUR Daily Review for April 18, 2018 EURGBP Nudges Higher; Ignores Weak EZ Sentiment Data EURGBP edges higher Tuesday despite record UK employment figures and a weaker than expected Euro-Zone economic sentiment print.   Forex: Top FX Headlines: DXY Index Recoups Overnight Losses on Weak Data out of Europe: 4/17/18 – Softer data from Germany and the UK has pushed the Euro and Pound Sterling lower, allowing the DXY Index to recoup its overnight losses. – The rebound in t…   GBP/USD, S&P 500 Breakouts in Focus as USD, EUR/USD…

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JPY News Reviews 

JPY Daily Review April 17, 2018

JPY Daily Review for April 17, 2018 USDJPY Continues to Trade With Mixed Bias The combination of current sentiment and recent changes gives us a further mixed USDJPY trading bias.   Bearish USD/JPY Series Takes Shape Despite Hawkish Fed Rhetoric USD/JPY stands at risk for further losses as it carves a fresh series of lower highs and lows even as Fed officials endorse a hawkish   USD/JPY and AUD/USD Forecast April 18, 2018 The US dollar has gone back and forth during the trading session on Tuesday, dancing around the…

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AUD News Reviews 

AUD Daily Review April 17, 2018

AUD Daily Review for April 17, 2018 Ichimoku Charts That Matter: Havens Weaken While GBP, AUD Charge Ahead Shocks tend to happen in the direction of the trend, and Ichimoku does a great job of helping you see where shocks are likely to   USD/JPY and AUD/USD Forecast April 18, 2018 The US dollar has gone back and forth during the trading session on Tuesday, dancing around the 107 handle. The 108 level above is massive resistance, and if…   Have a nice trading! Share This:

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News Reviews USD 

USD Daily Review April 17, 2018

USD Daily Review for April 17, 2018 Weekly Technical Perspective on NZD/USD, GBP/USD and EUR/NZD A broader technical picture offers perspective on price with respect to trend. Here are the updated targets & invalidation levels that matter on the weekly   GBP/USD Throttles Towards 2018 High as USD, EUR/USD Remain in Range Multi-month ranges remain in both EUR/USD and DXY, but Cable bulls appear to care little as GBP/USD is moving up to test 2018 highs. UK   Gold settles higher as Trump comments weigh on the dollar Gold prices…

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GBP News Reviews 

GBP Daily Review April 17, 2018

GBP Daily Review for April 17, 2018 Weekly Technical Perspective on NZD/USD, GBP/USD and EUR/NZD A broader technical picture offers perspective on price with respect to trend. Here are the updated targets & invalidation levels that matter on the weekly   GBP/USD Throttles Towards 2018 High as USD, EUR/USD Remain in Range Multi-month ranges remain in both EUR/USD and DXY, but Cable bulls appear to care little as GBP/USD is moving up to test 2018 highs. UK   EUR/USD and GBP/USD Forecast April 17, 2018 The EUR/USD pair rallied during…

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