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EURCAD: Although EURCAD closed almost flat the past week, it still faces further weakness while holding below its major resistance located at the 1.5560 level. Support comes in at 1.4700 level with a cut through here opening the door for more weakness to occur towards the 1.4613 level...
W1 price is on bearish market condition - the price was stopped by 5758.0 support level for the primary bearish trend to be continuing. For now, the price is located below Ichimoku cloud between the following key levels: 7072...
Current trend Yesterday, Bent crude oil failed to consolidate at the achieved positions. The prices grew, supported by the announcement of the Head of the European Central Bank who confirmed the readiness of the Regulator to further stimulate the economy in order to accelerate inflation growth...
This trading week ended with some interesting results and setups for some pairs. So, let's describe some of the interesting moments...
Richmond Fed President Jeffrey Lacker, who had been in favor of a rate hike in June and will have a vote at the Fed's September 16-17 policy meeting, said the U.S. economy no longer needs interest rates near zero. His comments came minutes before the U.S. Labor Department released its report...
European markets fell Friday, and U.S. stocks continued to fall as investors assessed what a key U.S. jobs report means for interest rates in the world’s largest economy...
Hello, I'm trying to find a script or indicator for MT4 that identifies candles that were close to a large news event like the US NFP report. Does anyone know where I might be able to download such a thing? Any insight would be much appreciated. Best, Daniel...
The U.S. economy created a modest 173,000 new jobs in August to mark the smallest gain in five months, but the unemployment rate fell to 5.1% from 5.3%, the government said Friday...
The pound sterling is already 3 percent weaker than the consensus third-quarter forecast of analysts surveyed mid-year...
On Friday the greenback was weaker against the euro and the yen ahead of a report on U.S. jobs in August. Analysts widely expect the report in order to get some cues on the possibility on the Federal Reserve interest rates hike at the September meeting...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: The ECB was the first to announce possible stimulus expansion. Who else...
EUR / USD: trend - bearish, medium long movement and lastly: a negative trend. A lower top and deeper bottom, sharp movements, which implies that today’s movements will be strong and sharp. Price below moving averages arranged in bearish formation...
I design an indicator for control my equity control for maximum 10 percent profit or loss. By looking these online information I can improve my equity about 20% weekly...
USDJPY: The pair followed through lower on the back of its Thursday weakness during early trading on Friday. This leaves risk of more weakness. On the downside, support comes in at the 118.50 level where a break will target the 118.00 level. Below here if seen will aim at the 117...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 4th AUD/USD was one of the biggest losers this morning as traders switched to less risky assets ahead of high-volatility session on Friday. The pair opened trades at 0.7015 and subsequently fell to 0...
The Royal Bank of Scotland evaluated some scenarios concerning NFP for today (September 4 at 13:30 GMT). "250k to 300k: Long USD/CHF." "200k to 250k (Base-Case): Short EUR/USD." "150k to 200k: Short USD/CAD." "150k or below: Short USD/JPY...
Have been expecting the formation of a 'W' zz formation in H4, but didn't expect the price to come to the current level. Probably the W looks more like a W at this price level. If the price goes below the previous low of 1.101, then it is going to be a free fall for the next few weeks...
Have been expecting the formation of a 'W' zz formation in H4, but didn't expect the price to come to the current level. Probably the W looks more like a W at this price level. If the price goes below the previous week's low, then it is going to be a free fall for the next few weeks...
