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This EA is used to download history data of 28 pairs and 9 timeframes...
How to trade When a pattern appears, the adviser adds buttons to the "Current Patterns" display for manual entry, direct and reverse. This EA functionality allows you to enter the market prematurely, without waiting for the automatic entry on a reversal signal...
CRUDE OIL corrective pullback mode remains as more decline is likely in the days ahead. Support lies at the 56.50 level where a break will expose the 56.00 level. A cut through here will set the stage for a run at the 55.50 level. Further down, support comes in at the 55.00 level...
Plotting two channels on the chart are just about everything the trained eye might need in order to get the sense of the next move. The fist equidistant channel is limited by...
The free fall in GBP is difficult to ignore as GBP/USD and GBP/CHF pairs are trading at early 2017 ranges while the situation in GBP/JPY is less rosy as the pair trades at late 2016 levels, confirming that GBP weakness is heavily skewed towards Brexit headlines, while upside moves are particularl...
The summer doldrums are here. Volatility in FX markets has all but dried up, only GBP providing fireworks as UK and EU leaders quarreled. Declining interest rate expectations and rising stock of negative-yielding bond have marginally exciting the FX carry trade...
Pivot (invalidation): 58.20 Our preference Short positions below 58.20 with targets at 57.10 & 56.45 in extension. Alternative scenario Above 58.20 look for further upside with 58.90 & 59.25 as targets...
Pivot (invalidation): 15.5000 Our preference Long positions above 15.5000 with targets at 15.6600 & 15.7500 in extension. Alternative scenario Below 15.5000 look for further downside with 15.3800 & 15.2900 as targets...
Pivot (invalidation): 1410.00 Our preference Short positions below 1410.00 with targets at 1400.50 & 1396.00 in extension. Alternative scenario Above 1410.00 look for further upside with 1416.00 & 1419.00 as targets...
Pivot (invalidation): 3015.00 Our preference Short positions below 3015.00 with targets at 2988.00 & 2973.00 in extension. Alternative scenario Above 3015.00 look for further upside with 3023.00 & 3032.00 as targets...
Pivot (invalidation): 12370.00 Our preference Long positions above 12370.00 with targets at 12480.00 & 12540.00 in extension. Alternative scenario Below 12370.00 look for further downside with 12300.00 & 12260.00 as targets...
Pivot (invalidation): 5.7200 Our preference Short positions below 5.7200 with targets at 5.6950 & 5.6790 in extension. Alternative scenario Above 5.7200 look for further upside with 5.7330 & 5.7580 as targets...
Pivot (invalidation): 0.7025 Our preference Short positions below 0.7025 with targets at 0.6985 & 0.6970 in extension. Alternative scenario Above 0.7025 look for further upside with 0.7045 & 0.7060 as targets...
Pivot (invalidation): 1.3060 Our preference Long positions above 1.3060 with targets at 1.3100 & 1.3120 in extension. Alternative scenario Below 1.3060 look for further downside with 1.3040 & 1.3020 as targets...
Pivot (invalidation): 0.9865 Our preference Long positions above 0.9865 with targets at 0.9895 & 0.9910 in extension. Alternative scenario Below 0.9865 look for further downside with 0.9855 & 0.9835 as targets...
Pivot (invalidation): 108.35 Our preference Short positions below 108.35 with targets at 108.05 & 107.80 in extension. Alternative scenario Above 108.35 look for further upside with 108.60 & 108.85 as targets...
Pivot (invalidation): 1.2430 Our preference Short positions below 1.2430 with targets at 1.2395 & 1.2370 in extension. Alternative scenario Above 1.2430 look for further upside with 1.2450 & 1.2470 as targets...
Pivot (invalidation): 1.1220 Our preference Short positions below 1.1220 with targets at 1.1200 & 1.1190 in extension. Alternative scenario Above 1.1220 look for further upside with 1.1240 & 1.1255 as targets...
Despite a rate cut from the RBA at the beginning of the month July, the Australian dollar reversed momentum following Jerome Powell testimony before the Congress. In fact, G10 commodity currencies outperformed their peers since then with the Kiwi, the Aussie and the NOK rising 1.83%, 1.46% and 1...
