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AUD/USD Yesterday RBA released meeting minutes that changed the subjective opinion of the market regarding the future of the monetary policy in Australia and helped the Australian dollar to gain a foothold above the resistance of 0.79 and increase the chances of growth to 0.80...
Dear readers, at the end of New York market session, I analyze volatility (ATR) and direction (SMA) indicators on the majors forex pairs, searching for the most profitable conditions to place a trade...
According to analysts from Wells Fargo, the prospect of tax cuts in the wake of the Presidential election likely led investors to delay realizing capital gains at the end of 2016, affecting tax revenues...
EURUSD: The pair resumed its medium term uptrend on Tuesday leaving additional risk on the upside. Resistance comes in at 1.1600 level with a cut through here opening the door for more upside towards the 1.1650 level. Further up, resistance lies at the 1.1700 level where a break will expose the 1...
The greenback is getting weaker against major G10 currencies and the euro dollar is now back above 1.15 for the first time since May 2016. The bullish trend seems very deep to us and there are two main points to address...
Lacklustre economic data are piling up in US, the Fed has abandoned its hawkish rhetoric for a cautious one amid faltering inflation pressures. Since mid-May, the greenback has lost more than 5...
After the data on inflation in the UK were published at the beginning of today's European session, the pound fell sharply in the foreign exchange market. According to the National Bureau of Statistics, the UK consumer price index in June rose by 2...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, July 17th After having faced resistance in the region of 1.1475, the EUR/USD pair came under renewed selling pressure, following broad market trend...
The EURJPY pair remains stable above 128.35, waiting for breaching 129.80 level to confirm the continuation of the bullish trend on the longer term, where its next target at 130.70, and breaching this level will push the price to 132.35 as a next target...
The EURUSD pair opens today's trading with strong bullish rally to breach 1.1500 barrier and approaches from our first waited target at 1...
USD/JPY Technically the pair is currently testing the level of 112.00, after it is another support in the area of 111.70/50, and after it - 110.00. However, weakening of the dollar will not be enough for a stable yen growth...
Practically every Forex broker with a trustworthy exchanging framework longs for beginning their own signal administration. Envision having a large number of clients following your exchanging signals for a $49 month to month expense. Isn't that something everybody longs for...
After easing to a fresh session low at 112.33, the USD/JPY is making a modest recovery despite the USD weakness as investors turn their attention to equity indexes. At the moment, the pair is trading at 112.83, gaining 0.25% on the day. Today's only macro data from the U.S...
EUR/USD is trading around 1.1470 after being unable to break above last week highs. The pair peaked at 1.1486, the highest since Wednesday. The euro failed to rise above 1.1490 (2017 highs) and pulled back modestly...
After I have done the optimization of my Expert Advisor, I will take the value or parameter which produce highest profit with lowest drawdown.. Example below: As an example only Then, I back-test it using M1 timeframe and back-test it month by month for that particular year...
To get the most out of your expert advisor, you'll need to optimize and backtest your strategy using MetaTrader's Strategy Tester. While forward testing on a demo account is essential, backtesting allows you to simulate trading over a long period of time in just minutes...
The EUR/USD pair eases from its recent highs, but remains within a limited intraday range amid a holiday in Japan and ahead of the release of EU inflation data...
The US Federal Reserve wants to let inflation run and keep interest rates low. This, we believe, is for two reasons. First, letting inflation rise will allow erode the US Central Bank’s bond-bloated balance sheet in real terms...
Chinese equities tumbled on Monday with the tech focussed Shenzhen index falling 4.28% to 1,800.54, while the Shanghai Composite was off 1.43% to 3,176.46 points. Data showed the world’s second largest economy grew 6...
