All Blogs
EURUSD: With the pair backing off lower prices to close higher the past week, more strength is likely. Resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1...
First, a review of last week’s forecast: - Just this summer, strategists of many large international banks had designated the 2015 and 2016 highs in the zone 1.15-1.16 as momentous for EUR/USD...
2017 11 11 - US Dollars Drop or Bounce ? The Senate tax plan set to be unveiled Thursday 2017 11 09 would delay and phase in a corporate tax cut. sources tell CNBC. US Dollars drop to important support. Is it a chance...
Bitcoin 2017 11 11 - will it be continuous ? Beginning of the November, Bitcoin make the highest record $7895. After that drop a thousand dollars. Will it be continuous...
Exactly one year ago our company was declared the winner for 2016 in the ‘The Most Reliable Broker’ category according to TheForeXAwards.com...
November looks set to be a month of consolidation for currency markets given there are no major central bank meetings scheduled. That said, some interesting activity data is due to be released in the coming week...
One year after US President Trump's victory, it is too early to see the Trump effect in economic numbers. Politicians are not that important in the short term. Economies generally react to policy changes with a long lag. The Trump effect will only show up in future numbers...
Update 2.6 CandleMinSizePips: The minimum allowed size of a previous candle in pips. If the size of the previous candle will be less than a value in "CandleMinSizePips" then the EA won't open an order when a high/low breakout occurs (the EA will just ignore the candle...
10.11.2017 Gold Gold managed to head for some rebound correction after testing support 1260-65 while market slow movement is showing some risk. Gold facing resistance zone at 1296-98 which may push the market for another drop toward 1260-65 zone...
After earlier in the week the leadership of the RBA again decided to leave the key rate at 1.5%, the Australian dollar remains under pressure. The rate remains at this level since August 2016, and the central bank will most likely leave it unchanged until mid-2018...
Risk appetite in Asia remains weak with steady selling in EM FX and stocks. No surprisingly, US President Trump and President Xi Jinping attendance at the Apec summit has failed to generate positive sentiment...
The Brazilian real came under renewed pressures starting mid-October as US yields initiated a much-awaited recovery. The entire EM complex suffered as the entire US yield curve shifted to the upside...
MQL5 is much better than MQL4 when it comes to coding better expert advisors. There are certain times of the day when you want to trade. There are certain hours when you don't want to trade. Always avoid the Asian Market Session and never open a trade during it...
09.11.2017 GBPUSD GBPUSD still holding trading zone where market looking toward another test to 13050-70 zone. As long as market maintain trades above main support 1.3030 another advance wave toward 1.3300 zone will be expected. Below 1.3030 market may enter new downtrend wave that may target 1...
EURUSD: With the pair still holding on its recovery threats, further push higher is expected. Resistance comes in at 1.1650 level with a cut through here opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1.1700 level where a break will expose the 1...
Banxico will likely keep its interest rates steady tonight at 7%. There are many reasons for that. First of all, inflation expectations are now getting lower as the central bank certainly raised too strongly the overnight rate by anticipating a stronger Fed tightening rate path...
The price of Bitcoin flash crashed yesterday at around GMT 18:00 after Mike Belshe, CEO of BitGo, published a note explaining the reasons why they will not support the Segwit2x fork...
Mass arrests in Saudi Arabia, including members of the royal family, a missile attack on this country by Yemeni rebels, as well as the appearance of risks of slipping in the implementation of the plans of the presidential administration for tax reform, provoked purchase of gold as a safe haven...
08.11.2017 EURUSD EURUSD Intraday levels showing first resistance at 1.1625 where as long as market holding below the dontrend pressure will sustain toward 1.1500 which may provide some rebound correction. Above 1.1625 market may find the way to test 1...
USDJPY: The pair remains weak and vulnerable to the downside. On the downside, support comes in at the 113.50 level where a break if seen will aim at the 113.00 level. A cut through here will turn focus to the 112.50 level and possibly lower towards the 112.00 level...
