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This article concerns an indicator under development. Please leave your comments if you wish. Finding the trend on a chart can be subjective. The trend determiner indicator examines the chart for you and reveals what the current trend is based on objective criteria...
Hi traders, At this situation, EURUSD I prefer to prepare a trade plan at strong Support level that we expected the price will soon rebound after hit the level. Key breakdown is at 1.1875 This screenshot has many words to explain, and people who understand to work with supply and demand...
CRUDE OIL: The commodity is building up on its Tuesday gains as it eyes it key resistance residing at 49.39 zone. On the downside, support resides at the 48.00 level where a break will expose the 47.50 level. A cut through here will set the stage for a run at the 47.00 level...
Gold has largely increased since the start of the year going from $1150 to $1350. The sharpest increase was during the summer. The decline of the dollar was largely followed by an increase in the precious metal...
The pound sterling rallied strongly yesterday, hitting a one-year high against the greenback, as investors anticipate the upside surprise in inflation would force the BoE to step in. GBP/USD rose more than 0...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, September 13th Today the EUR/USD pair extends its yesterday’s positive trend, remaining just a few pips below its psychological level of 1.2000...
EURUSD: With the pair seen closing lower on correction on Monday and following through on Tuesday, more decline is envisaged in the days ahead. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level...
A week after the ECB meeting where the rates remained unchanged, ECB Vice President Constancio is going to hold a speech in Frankfurt. It is worth betting that most of the discussion will be around the Eurozone inflation and in particular the ECB difficulties to boost consumer prices...
UK August inflation gauge is due for release alter today and is expected to have accelerated further in August. The consumer price index should print at 2.8%y/y, reflection both rising fuel price and a weak pound sterling...
At the beginning of today's European session, after the Office of National Statistics of Great Britain was presented a report on consumer inflation, the pound rose sharply in the foreign exchange market...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, September 12th The EUR/USD pair trades with a positive bias, having regained its positions above the level of 1.1950, on the back of broad retreat of the US dollar...
Trading is no ordinary profession that can be easily mastered, as it is showed statistically that only a few succeeds in this market. Today I would like to discuss the skills needed in order to have better chances of success in this very tough arena...
In this post I will show how easy is for one to be fooled by the Growth statistic shown in the signals. As the MT4 signals measure growth based on balance and not based on equity here we go. You can see a demo signal I created for this here ( https://www.mql5...
USDJPY: The pair saw a saw recovery during early trading today opening the door for correction in the days ahead. On the downside, support comes in at the 108.00 level where a break if seen will aim at the 107.50 level. A cut through here will turn focus to the 107...
At its monetary policy meeting this Thursday the 14th, we expect the Swiss National Bank to do nothing significant – which will keep the Euro on its upward trend against the Franc...
Consolidating above $4000. (By Yann Quelenn ) • Bitcoin has seen some buying interest. However, short term selling pressure suggests a limited upside potential. However, technical...
Sharp decline. (By Yann Quelenn ) • Crude oil has strongly declined after the commodity monitored the $50 level. Key support is given at 45.40 (17/08/2017 high). Strong...
Pushing higher. (By Yann Quelenn ) • Silver has broken its key resistance at 17.75 opening the way for a test of the strong resistance at 18.65 (17/04/2017 high) while...
