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Ichimoku analysis. Weekly price is on ranging market condition floating to be inside Ichimoku cloud on the border between the primary bullish and the primary bearish trend on the chart. The key reversal s/r levels for the price to choose the direction are the following: 2132...
Gold futures turned lower on Monday to fall from the highest level in nearly three weeks as the U.S. dollar and global equity markets rebounded from a brutal selloff in the prior session in wake of the Federal Reserve’s decision not to hike interest rates...
The Bat Pattern The Bat pattern is a precise harmonic pattern discovered by Scott Carney in 2001. The pattern incorporates the 0.886XA retracement, as the defining element in the Potential Reversal Zone (PRZ). The B point retracement must be less than a 0.618, preferably a 0.50 or 0...
Analysts at Goldman Sachs predict the S&P 500 will rise to 2,100 by the end of this year, partly because of the Federal Reserve’s decision last week to keep interest rates unchanged, near zero...
Current trend Last week, the GBP strengthened significantly against the USD amid a decline in investor demand for the American currency and favorable labor market and retail sales statistics, released in the UK. On the contrary, the US published weak construction and key indices data...
Ichimoku analysis. Weekly price is on bearish ranging market condition within 1077.19 key support level and 1170.06 key resistance level. Both levels are located to be below Ichimoku cloud in the bearish area of the chart...
The Fed's decision has weakened the dollar and it is expected to pull real yields lower, thus supporting gold...
On Monday the greenback was higher vs major rivals, as some analysts started to bet the Federal Reserve will increase rates as early as December after standing pat this month...
Occam's razor says the S&P 500 dropped its long-term uptrend in late August, meaning it is now in a downtrend...
Digitsy Inc. announced cloud based service namely EscrowBytes. This service is going to enable any person with phone to make money by selling videos to news institutions around the world...
I had mentioned in the previous post about the improbability of a price rise in eurusd. https://www.mql5.com/en/blogs/post/649455. Even in the analysis of the gold price movement,https://www.mql5...
On Monday gold was approaching the highest level in almost three weeks, as the Fed's decision not to increase rates spurred demand for the yellow metal...
Compared with the previous week, this week's economic calendar is lighter. High volatility is not expected due to the absence of heavyweight reports. However, several important speeches will be closely monitored...
Daily price is on bullish market condition for secondary ranging between the following support/resistance levels: 1.1713 key resistance level located far above Ichimoku cloud in the primary bullish area of the chart; 1...
Former Prime Minister Alexis Tsipras will return to power in Greece. On Sunday his Coalition of the Radical Left, or Syriza, received 35.5 percent of the vote, according to an official projection by the Interior Ministry based on more than half of votes counted...
Good day folks... It's a very quite day since it's holiday in Japan, but Europe is about to open in one hour so let's take a look at GBP/JPY. We can see the price is currently held at the low 185...
As the gold price went beyond my expectation of 1118, threatening to wipe out the demo account, i still see the possibility of the gold price going down more probable than it going up. If it goes up, expect it to go up to 1500...
The dovish FOMC was on Thursday at 19:00 GMT so the major banks are made a forecast about the USD after FOMC. Morgan Stanley: "Long USD positioning is vulnerable over coming days and perhaps weeks...But USD Impact Temporary. Our structurally bullish USD view has never been Fed-focused...
EURJPY: With the cross selling off on Friday to close the week lower, we envisage a follow-through lower in the days ahead. Support comes in at the 135.00 level where a break will aim at the 134.50 level. A turn below here will target the 134.00 level with a breach turning focus to the 133...
