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On Thursday crude oil prices dropped in Asia as markets were still worrisome about the strong production outlooks as there were few signs of a surge in demand...
Tenkan-sen line is located below Kijun-sen line of Ichimoku indicator with 14.36 support level on monthly timeframe chart for the bearish market condition to be continuing...
Heikin-Ashi chart looks like the candlestick chart, but the method of calculation and plotting of the candles on the Heikin-Ashi chart is different from the candlestick chart. In candlestick charts, each candlestick shows four different prices: Open, Close, High and Low price...
Ichimoku is a technical or chart indicator that is also a trend trading system in and of itself...
CHF/JPY: Long Little changes compared to yesterday except that the pair recovered and is trying to pick up the uptrend again. Position has been opened on May 6. The pair is having a rank of 2 meaning it's at the top of the Ranking and Rating list...
An excellent article i came across! "THE SECRET TO SELLING ANYTHING IS HOPE — TradingMemes.com Most gurus will sell you on the lifestyle first. Hooking you with pictures of cool places on Instagram, fancy cars and so on. What funds this lifestyle? Your donations mostly...
Developed by Robert Krausz. This indicator was originally used to trade Stocks and Commodities. The Gann HiLo Activator Indicator is plotted over the price chart...
Although China's economic growth seems to be contracting, the mainland's markets still offer good value, Pimco, a fund management giant, said in a note Wednesday...
Winter weather undoubtedly hurt the U.S. economy this year. However, the bigger drags were the two factors which are generally seen as positive - a strong greenback and cheap oil, said an economist at Morgan Stanley. In his view, a pickup is hardly expected even in the second quarter...
As you can see the Gold reach the target around the expected time. The below chart was what has been forecast in few days ago. https://www.mql5.com/en/blogs/post/592013...
Euro area's economic growth has picked up in the first quarter, outpacing the United States and the United Kingdom for the first time in four years...
On Wednesday the euro reached one-week highs against the broadly weaker dollar as downbeat U.S. economic reports released earlier added to concerns over the outlook for second quarter growth after a sharp slowdown in the first quarter...
A battle for oil market share between OPEC and non-OPEC members is just beginning, the International Energy Agency said on Wednesday...
In financial markets, jargon often plays a key role. Jargon helps show familiarity and comfort with a particular subject matter, and nowhere is this jargon more apparent than when discussing the ‘position,’ of a trade...
On Wednesday the greenback edged lower vs counterparts, after data indicated that U.S. retail sales rose less than expected in April, adding to the recent series of soft data and to concerns over the strength of the economy...
On Wednesday gold prices were steady near one-week highs on the back of falling benchmark bond yields across major nations and as the dollar remained vulnerable before U.S. economic data later in the day...
Yesterday world financial markets closed mixed. In particular, European stock markets slumped following the interim meeting of the Eurogroup and the Greek government. According to media reports, both parties still couldn’t reach an agreement on key issues. In this light, the FTSE 100 fell 1...
When I set about to fulfill my expert advisor "Catch the Hedge", I proposed two objectives: 1) Having a small account with a starting capital of just $ 100 in order to make it accessible to all users. 2) Do not lose all the capital...
On Wednesday the dollar was broadly lower against its peers, as markets awaited U.S. data on retail sales due later in the trading session. Sterling erased its gains after the Bank of England cut its growth forecast for 2015...
The Bank of England has trimmed its 2015 growth forecast from 2.9% to 2.5%, and for 2016 from 2.9% to 2.6%. Mark Carney, the Bank of England's governor, meanwhile said gradual interest-rate increases will be enough to get inflation back on track as it has been 0% for a second month in March...
