AUDUSD Posting Downside Pressure. 0.878 level is very important for next setup. AUDUSD Possible downside Breakout . My Analysis is Short @ Bellow 0.878 level for 1st 0.866 level. If running 4 hour candle close bellow 0.874 it will help for next Downside pressure...
Hello Everyone` after long studies about gann angles and how it work , finally i get the correct calculation for the angle helped me to draw the angles in any time frame with no changes in the angles location Basic Gann Angles basically Gann angle 1x1 is the rising of one point of price x one per...
Quite an interesting chart set up here actually. We are looking for a moderately long term GBPUSD short trade. We have four trend lines total, two to confirm a bearish break and two more to mark boundaries where the Pound is trending at. Let's start with the two ascending trend lines...
Ebola crisis hit home for Americans the other week with the death of a Liberian man in Dallas...
1. Bullish background 2. There was a strong bar near a trendline, showing the smart money are supporting the market, and thus sustaining the trend. Go long on a low volume down bar (low comparing to the volume spike, even though higher than the average...
Hello folks, today I am going to share with you my recent NZDJPY trade I made just a while ago. I shorted NZDJPY at 84.666 with SL at 84.762 ad TP at 84.094. You see the risk to reward is huge here. I will trail the top loss every 10 pips as the price moves towards TP...
Today, Nomura cuts again its Q4 target for EUR/USD from 1.27 to 1.24. For 2015, Nomura forecast are unchanged continuing to target 1.20 by Q2 2015. Nomura highlights six specific pieces of negative news, which all point to further downside for EUR/USD in the final months of 2014...
Developed by John Bollinger. Bollinger Bandwidth indicator is derived from the original Bollinger indicator. Bandwidth is a measure of the width of the Bollingers. Bollinger Bandwidth Indicator This is an oscillator indicator, based on the theory that price and volatility occurs in cycles...
The currency market this morning sees a euro on the defensive, at minimum for a week against the dollar, pending the publication of the preliminary PMI in Europe in October. New confirmations of a still weak economic situation in the area could contribute to a further rise of the single currency...
Developed by William Blau True Strength Index (TSI) indicator is a momentum indicator...
Futures contract is an obligation to buy or sell a commodity at or before a given date in the future, at a price agreed upon today. While the term “commodity” is usually used when referring to contracts like corn, or silver, it is also defined to include financial instruments and stock indexes...
Analysis based on TA charts for all the major currency pairs. Good luck to all. No advice, just info. Visit FxTaTrader.com for more info and Disclaimer. Every week the Forex ranking & rating list will be provided in the weekend. There will be 2 updates during the week on Tuesday and Wednesday...
Twice a year, anyone who's anyone in furniture manufacturing and home goods gathers in North Carolina for the High Point Furniture Market. High Point, N.C., which has roughly 100,000 residents, nearly doubles in size for two weeks a year...
A further slowdown in the U.S. Consumer Price Index (CPI) may spark a bearish dollar reaction (bullish EUR/USD) as the majority of the Federal Open Market Committee (FOMC) remain in no rush to normalize monetary policy...
Friday's gains helped put some distance on Wednesday's spike reversals. This will offer bulls something to defend when selling inevitable returns. Friday's action didn't all go bulls' way as key Read more -> Sources...
The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD and AUD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Near-term bullish Triangle. The Oct12-21 contracting range looks like a just broken Triangle, in itself targeting 1...
US30 Index (DJIA) CFD closed higher Tuesday. The high range close set the stage for a steady to higher opening Wednesday in New York. Stochastics and the RSI are Neutral to Bearish indicating that sideways to lower prices are possible near term...
The IRS is watching and you might be surprised what they see. Virtual Currencies, such as Bitcoin, are an amazing tool in the digital age. In essence, a virtual currency is a currency that exists only in cyberspace that is not backed by any government. Read more -> Sources...
