2015-05-22 07:00 GMT (or 09:00 MQ MT5 time) | [EUR - German GDP] past data is 0.3% forecast data is 0.3% actual data is 0.3% according to the latest press release if actual > forecast (or previous data) = good for currency (for EUR in our case...

Fund managers have reduced the level of investment in US stocks to a minimum volume for the last 7 years, as shown by the report data Bank of America Merrill Lynch. This marked the highest level of cash in the portfolios of Governors - the 10-month record...

Relative Strength Index (RSI) is most popular indicator. RSI is an oscillator which is oscillating between 0 and 100. The RSI is indicates the strength of trend: values above 50 indicate a bullish trend values below 50 indicate bearish Forex trend. The RSI measures momentum of currency...

Trading currency in the Forex market centers around the basic concepts: buying and selling. Let's say you want to buy the AUDUSD currency pair. If the AUD goes up in value relative to the USD and then you sell it, you will have made a profit...

• FOMC shows that the Fed is still on the way to tougher action, but not so soon. FOMC meeting in April did not contain any major surprises for the market...

For the world’s biggest banks, what seemed like the perfect business turned out to be the perfect breeding ground for crime. The trading of foreign currencies promised substantial revenues and relatively low risk...

Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, May 21st The Australian dollar was higher against the U.S. dollar during the Asian session earlier today hitting the level of 0.7911 with further correction to 0.7887...

Inside bars are easily identified pricing patterns that can be found on virtually any chart. The pattern itself requires some simple technical analysis, which includes identifying a series of highs and lows on a daily chart...

The fractals are technical indicators, part of the Bill Williams’ indicators. Unlike any other indicators, this one is not a line or histogram bars; it is just a simple arrow on top of or below the bars of the price chart...

CHF/JPY: Long Little changes compared to yesterday but in the 4 Hour chart the pair is showing recovery. Position has been opened on May 6. The pair is having a rank of 26 and is consolidating. The CHF has a currency score of 6 and the JPY a score of 1...

Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the current close relative to the high/low range over a certain number of periods...

Please note that the upcoming US Memorial Day and UK Spring Bank Holiday will affect the trading schedule for Gold (XAUUSDecn) and Silver (XAGUSDecn). On Monday, May 25th, trading of Gold and Silver will cease at 17:00 GMT+0 and resume at 22:00 GMT+0...

An upturn in inventories and higher exports helped Japan log stronger-than expected growth in the first three months of 2015, but those drivers may cool in the second quarter, says the Wall Street Journal...

Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 122.02 resistance level on monthly timeframe chart for the bullish market condition to be continuing...

Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, May 20th USD/JPY is traded at 120.93 up 0.02% after today’s report of 0.6% GDP growth in Japan in the first quarter this year. The annual GDP growth pace in Japan was reported to be 2...

• Greek deal at the end of May? German Chancellor Angela Merkel and French President Hollande said yesterday that negotiations with Greece should be accelerated to produce an agreement by the end of May, due to the financial needs of the country...

Oil futures can make great investments and are probably one of the most actively traded derivatives on the market. Some of the benefits of investing in oil futures include: Ability to make substantial profits. Oil futures can be extremely lucrative investments...

The 20 pips strategy is used for H1 and M15 timeframes. We use 100 SMA and 200 SMA indicators to determine the direction of the trend. H1 timeframe chart checks long term direction of the trend. Trades are opened only when the price is within 20 pips range of the 200 simple MA...

Many of the most popular indicators can be helpful when designing a trend strategy. And to take technical analysis a step further when designing a trend-trading approach, many traders will look to utilize multiple time frame analysis in order to get multiple looks at a trending market...

CHF/JPY: Long Position has been opened on May 6. The pair is having a rank of 21 and is consolidating. The CHF has a currency score of 6 and the JPY a score of 1. The Weekly chart is looking strong but the Daily and 4 Hour chart are showing some consolidation...