USD/CAD is correlated with crude oil price in the market. But you cannot use this information in your trading. Now you should use candlestick patterns when making entry and exit decisions. Read this blog post in which I analyze in detail a recent USD/CAD short trade...
The Russian currency is recovering part of the ground lost to the greenback at the beginning of the week, now dragging USD/RUB to the area of daily lows near 56.90. USD/RUB gains capped around 57...
The GBP/USD pair has entered a bullish consolidation phase in the mid-European session, as the bulls face exhaustion after the latest move higher above 1.27 handle. GBP/USD looks to regain 5-DMA at 1...
sell eur usd at 1.12 tp 1.10...
This week there will be meetings of the Fed, the Bank of England, the Bank of Japan and the Swiss National Bank. However, the most attention of market participants will be focused on the meeting of the Fed (June 13-14...
This week a number of important events will take place: meetings of central banks of Switzerland, Great Britain, Japan. However, the focus of traders will be a two-day meeting of the Fed (June 13-14) and the Fed's decision on the interest rate, which will be published June 14 at 18:00 (GMT...
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GPB/USD Yesterday the pound closed below the level of 1.2700 against the dollar for the first time since April 17. The nearest local support is in the area of 1.2635 (Friday's minimum). It is followed by 1.2600 and the 200-day moving average at the level of 1.2573...
C++ is a multi-paradigm programming language. Meaning, it supports different programming styles. One of the popular ways to solve a programming problem is by creating objects, known as object-oriented style of programming...
Bearish momentum is fading. • Crude oil's decline is stopping since the recent collapse from $52. Support is given at a distance 43.76 (05/05/2017 low). The technical structure suggests further weakness towards 43.76...
Lack of follow-through. • Silver declines. Closest support is given at 16.20 (04/05/2017 low). Strong support is given at 15.63 (20/12/2017 low). Key resistance is given at a distance at 19.00 (09/11/2017 high...
Trading lower within uptrend channel. • Gold is consolidating within uptrend channel. Hourly support is located at 1246 (18/05/2017 low). Stronger support is given at 1195 (10/03/2017 low). Expected to show renewed...
Pausing on short-squeeze. • EUR/CHF is trading lower. The pair has broken support given at 1.0866 (18/05/2017 low). We believe that the medium-term pattern suggests us to see continued bearish pressures towards...
Volatility declines. • EUR/GBP has broken resistance at 0.8787 (13/03/2017 high). The pair keeps on going higher. Strong support can be found at 0.8304 (05/12/2017 low...
Fading momentum. • EUR/JPY is trading lower. Hourly support is given at 122.56 (18/05/2017 low). Hourly resistance can be found at 125.82 (16/05/2017 high). Major support is given at 114.90...
Short-term consolidation. • AUD/USD is pushing higher since the pair has failed to reach hourly support given at 0.7329 (09/05/2017 low). As long as prices remain below resistance at 0.7608 (17/04/2017 high), there are...
