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The victory of Macron in the first round of the presidential elections in France reduced investors' anxiety over the possible victory of the far-right candidate Marin Le Pen in the French elections...
"Technical Analysis Explained," by Martin Pring This book by Martin Pring is considered by many to be the "Bible" of technical analysis...
Rebates (Cashback) program allows clients to receive some part of the spread. The bigger the trading volume, the more Rebates you can receive. Instant Rebate payouts to your trading account after the order is closed. Trading Volume Rebates (Cashback...
Trading strategy for the currency pair EURCHF. The time interval D1. General rules of strategy: 1. Risk per trade not more than 2% of the Deposit; 2. Trading days – except Friday...
On 19 Apr 2017 09:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for XAGUSD currency pair at 18.163 under 48, 349, 36. The position closed on 24 Apr 2017 04:00 PM UTC at 17.919 and the profit was 1.34%. AdMACD parameters for XAGUSD on close were 40, 83, 9...
I am using Bernhard's Advanced Currency Strength28 and Speed (impulse) in a unique way - basket trading. I invite you to think outside the box. This is my experiment, not a recommendation for trading unless you test it yourself with consistent results...
CRUDE OIL: The commodity looks to weaken further after selling off the past week. On the downside, support resides at the 49.00 level where a break will expose the 48.00 level. A cut through here will set the stage for a run at the 47.50 level. Further down, support resides at the 47.00 level...
EUR/USD Technically, the break through the resistance level of 1.0780-1.0800 looks promising, but an even more significant level of 1.0850/60 is ahead, the break through which will return the pair to the range that preceded the presidential election in the US last November...
Financial markets feared a second round between Jean-Luc Mélenchon and Marine Le Pen who was likely to trigger some volatility. Marine Le Pen’s final result below 22% is disappointing as she was expected in various polls to reach between 27% and 30...
Financial markets across the planet welcomed the result of the first round of the French election, with the qualification of Le Pen and Macron for the second round. European equities rallied massively this morning with the CAC 40 jumping 3.40...
Ready for further downside. • Crude oil has declined sharply, breaking the support at 50.71, yet now has paused. Support now lies at 49.63 (08/12/2017 low). Resistance for a short-term bounce can be found at 50.71 (old...
Weakening. • Silver has broken strong support at 18.16 (rising trendline) indicating further downside risk. Hourly support is given at 17.65 (intraday low) then 16.82 (15/03/2017 low). Strong resistance is...
Bearish consolidation. • Gold has faded near the hourly resistance at 1295 (18/04/2017 high), suggesting a pickup in selling pressures. Support can be located at 1265 (intraday low...
Bouncing higher very sharply. • EUR/CHF has exited the downtrend channel. However, despite the bullish breakout, the medium-term pattern suggests us to see continued bearish pressures towards key support...
Moving sideways. • EUR/GBP is now pausing after unsuccessfully challenged its key support at 0.8304. Resistances for a temporary rebound are given by 0.8500 (intraday high) and 0.8512...
Consolidating after short-term increase. • EUR/JPY has broken the resistance at 117.43 (23/11/2016 low). Other resistance stands at 122.88 (13/03/0217 high). Major support is given at 114.90 (18/04/2017low...
Failing to find demand. • AUD/USD is still trying to bounce off strong support at 0.7473 (12/04/2017 low). However, as long as prices remain below the resistance at 0.7608 (17/04/2017 high), the short-term...
Consolidating. • USD/CAD has increased sharply this week. The pair is now consolidating. There is still a strong upside momentum. Resistances can now be found 1.3535 (09/03/2017 high). Hourly support...
Sharp bounce. • USD/CHF keeps on declining despite strong volatility. The short-term technical structure is negative as long as prices remain below the hourly resistance at 1.0171 (07/03/2017). Monitor...
