EUR/USD: Neutral: Still neutral with key levels at 1.0900 and 1.0100. There is not much to add as the recent short-term EUR strength struggles to maintain its momentum. The outlook is still viewed as neutral and as mentioned in recent updates, only a strong daily closing above 1...
Calculated level for today: Support (S1 / S2 / S3 = 39,45 / 38,94 / 38,12), resistance (R1 / R2 / R3 = 41,09 / 60 / 42.42). Key level (1st from 39.66 to 40.56 at the end of the day, the 2nd of 38.80 to 39.31...
Technical Analysis of EUR/JPY for March 9, 20169 General overview for 09/03/2016: There is still a chance for a possible leading diagonal structure to develop. This scenario is valid as long as the level of 123.09 is not violated. The market should rally upward towards the level of 124...
Technical Analysis of USD/CAD for March 9, 2016 General overview for 09/03/2016: The bullish divergence had pushed the price above the weekly pivot at 1.3395, but the market wasn't strong enough to break out above the intraday resistance at 1.3497...
Irene Cheung, Senior FX Strategist at ANZ, notes that since returning from the Lunar New Year break, the USD/CNY fixings have become more volatile...
Irene Cheung, Senior FX Strategist at ANZ, notes that since returning from the Lunar New Year break, the USD/CNY fixings have become more volatile...
Even if the UK votes to stay in EU, the concessions that the UK has negotiated with the EU might complicate extra EU integration. Britain's exit from the EU will hit the UK and also Europe. If the UK exits, EMU GDP is expected to lower by 0.8pp by late 2017 in a 'medium stress' scenario...
EUR/USD Forecast: Cautious Ahead of ECB – Commerzbank and UOB EUR/USD has retreated to the 1.0970 region after being rejected once again from the critical area around 1.1050, where sits the key 200-day sma, all ahead of tomorrow’s ECB meeting...
On Wednesday, two central banks of countries, currencies of which are traded in Forex, will hold meetings and announce their decisions on monetary policy. These are the Bank of Canada and the Reserve Bank of New Zealand. What to expect from these events...
One great attribute of having a super bright LED flashlight or lantern is that it will offer intense light making use of straightforward AA or AAA batteries. The LED flashlight will also run longer on these batteries than the regular incandescent light bulb flashlight...
AUD/USD Turning Bearish Towards Hourly 100 SMA AUD/USD is drifting sideways and consolidating on what has been a lackluster session so far in the absence of catalysts...
EURUSD Daily Forecast: March 09 2016 EURUSD Forecast The EURUSD attempted to push higher yesterday topped at 1.1057 but closed lower at 1.1009 and hit 1.0991. The bias is bearish in nearest term testing 1.0900 area. Immediate resistance is seen around 1.1025...
GBPUSD Daily Forecast: March 09 2016 GBPUSD Forecast The GBPUSD had a bearish momentum yesterday bottomed at 1.4173. The bias is bearish in nearest term testing 1.4130 which is a good place to buy with a tight stop loss targeting 1.4300 – 1.4500. A clear break and daily close below 1...
USDJPY Daily Forecast: March 09 2016 USDJPY Forecast The USDJPY continued its bearish momentum yesterday and hit 112.41 earlier today. The bias remains bearish in nearest term testing 111.65 – 110.96. Immediate resistance is seen around 113.15...
USDCHF Daily Forecast: March 09 2016 USDCHF Forecast The USDCHF had another indecisive movement yesterday. The bias is neutral in nearest term probably with a little bullish bias testing 1.0000/35 which remains a good place to sell with a tight stop loss targeting 0.9820 area...
The Japanese yen was back in hot demand Tuesday, despite the Japanese government's downgrade of the economy, announced overnight, and despite the increased negativity of Japanese government bond yields...
I love mql5.com website because you can find everything about or related to trading. Let assume that i devoloped a robust trading system with a good consistent and positive pnl. I can not see why, i should sell it. If my trading System is good enough for making money, so no need to sell it...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: No change. Selling interest in the 1.1050 area, near the 200-dma helps keep our focus lower...
Calculated level for today: Support (S1 / S2 / S3 = 1259,33 / 1255,47 / 1249,22), resistance (R1 / R2 / R3 = 1271,83 / 1275,48 / 1281,94). Key support levels (1st from 1236.48 to 1265.47 at the end of the day, the 2nd ox 1255.16 to 1260.47...
