#Oil plunged by 3% prior to #OPEC meeting. The main reasons for the decline are the same. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
MAP OF THE BATTLE: THE VIDEO GAME MARKET: Map of battlefield: It's a funny look at the market. It allows us to look at the market as if it were a video game. It shows the supports and resistances below and above the price (trenches), showing where the bulls and bears are hidden armies...
Morgan Stanley made a fundamental forecast for EUR/USD related to the price movement - they estimated for this pair to be in ranging bearish in the near future up to the year-end for example: "EUR is likely to remain an underperformer in the current environment...
As it looks more and more probable for a drastic fall in eurusd price, level 2 set up still shows the possibility of an upward retracement in eurusd price to this month's high. As mentioned in my previous posts, i expect eurusd prices to move in sync with gold prices...
With the gold price going below the previous low of the year, there is little doubt that the gold price is going to 700. The question still is, will it go after an upward retracement or without an upward retracement. I still believe that there is a possibility of an upward retracement...
GOLD: GOLD looks to weakenon bearishness following its the past week losses. While the 1088/98 zone remains unbroken, its broader biasremains lower. On the downside, support comes in at the 1070.00 level where a break will turn attention to the 1060.00 level...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish EURUSD made no strong directional movements last week and closed down on Friday (at 1.0645), highlighting the ongoing weakness in this pair. There is now the possibility of the support lines at 1.0600 and 1...
EURUSD: With the pair failing to follow through higher on the back of its previous gains the past week, further downside pressure is likely in the new week. This development now leaves EUR eyeing its key support located at the 1.0519 level. However, immediate risk comes in at 1...
The init of trend is a trend indicator for any pair and any timeframe. Never repaints signal. Never blakpaints signal. Never recalculates signal. 70% of profitable trades whit 41 pip of average pip for signals. The indicator gives a signal is the trend is near to init...
With inventions which have won Elon Musk multiple entrepreneur and innovator-of-the-year awards, some say he is a 21st century Thomas Edison...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
This is really interesting pair. We are bearish on technical and fundamental front. BOE are looking for rate hike while RBNZ are about to cut interest rate anytime. For Elliott wave, we might seen the correction complete and a new bearish trend is in the control...
We are tracking this pair for long time and still believe that correction is due to retrace previous down-trend. In small time frame, we are expecting current move is a flat correction while one more leg up required to mark correction complete...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
Mql4 default Trade Functions OrdersTotal () will return total amount of order at a time. But if you need to know how many orders of specific type (BUY, SELL etc.) are open in your mt4 platform you can use following short code in your EA. How to use this functions...
First, a review of last week’s forecast: - if we talk about EUR/USD behaviour last week, we refused to provide any sensible forecast, as both experts and indicators were at a complete loss, pointing to different directions...
According to our knowledge we all knows that what we expecting from US. Well here are some chart where My Daily Indicators Indicates me some Strong momentum Here I am posting some news from fxstreet...
GBPJPY: With GBPJPY losing upside momentum at the 188.80 level to close slightly higher the past week, further downside pressure is envisaged in the new week. This view remains valid while the mentioned resistance remains unbroken. On the downside, support comes in at the 186...
Silver Wheaton CEO Randy Smallwood is giving an interview to Kitco News where he talks about the main threat to precious metals, as well as developments at his company and the current state of the mining industry...
Stage One: Unconscious incompetence In the first step you start to look closely to trading. You know, it's a good way to make money because you've heard about this and many millionaires...
