In the rise and fall of world powers, the currency market keeps score. A nation’s money gains value when it’s a magnet for global investors; in times of trouble it weakens. The volatility can create havoc...
The indicator "Bright Road" be built on the basis of analysis of rates for a fixed period. And naturally (as with any cumulative indicator) is associated with Bolinger Bands though and based on other principles...
Official measures to manage FX volatility in China as well as better than expected data of late have failed to boost market risk sentiment. More decisive policy action is needed to put an end to the market morass...
Our central scenario remains for a further controlled moderation in Chinese growth this year; however, we think that the risk of a more severe correction has grown substantially, as the effectiveness of the export/investment/creditintensive growth model is increasingly brought into question (both...
New York and London sell NZD together. This week’s variable market sentiment has weighted on equities and supported our recommendation for weaker commodity currencies. New York now joined London in selling NZD, which places Asia NZD/USD longs at risk (Chart 6). Our positioning model favors USD vs...
The long position in #EURUSD was closed after the red Alligator's line has been crossed. Currently we have pending #orders at the levels of the closest fractals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The short position in #Gold was opened at the breakthrough of the fractal. We have already added volume to it in accordance with System #signals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The British #pound continued its peak against the U.S. #dollar. Bears in #GPBUSD went on the offensive again, almost breaking the local support. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
#AUD remains under pressure due to both technical and fundamental factors. There was a breakthrough of the support line of the rising #price channel, and at the moment #AUDUSD is testing the lowest level since September 2015. Find out more by checking out the Source Link...
The "Bright Road" indicator was released today for the platform MetaTrader 5 ! I am glad to welcome traders and is ready to further improve the indicator and answer your questions. "Bright Road" indicator shows the direction and sustainability of the trend, as well as its reversals...
GBPUSD: With the pair continuing to target further weakness, GBPUSD broader bias remains lower. Support lies at the 1.4300 level where a break will turn attention to the 1.4250 level. Further down, support lies at the 1.4200 level. Below here will set the stage for more weakness towards the 1...
Between oil prices dipping below $30 per barrel and Chinese equity and FX market volatility that caused negative spillover effects on global stock and fixed income markets, it has been a hellish start to 2016...
GBPJPY MEDIUM TERM UP 100 PIPS. CMP 168.50 TARGET 169.60...
Let's make 2016 your special year! Are you looking to earn more in #Forex? Vistabrokers currently offering 100% Power Bonus to maximize your trading potentials. Hurry up! You have only 15 days to get this #bonus! Claim it write now at http://bit.ly/1kZQjQv...
USDCHF Daily Forecast: January 15 2016 15 Januari 2016 12:54 AM USDCHF Forecast The USDCHF was indecisive yesterday. The bias remains bullish in nearest term testing 1.0120. A clear break and daily/weekly close above that area could trigger further bullish pressure testing 1.0225 – 1...
USDJPY Daily Forecast: January 15 15 Januari 2016 12:58 AM USDJPY Forecast The USDJPY had a bullish momentum yesterday topped at 118.28. The bias is bullish in nearest term testing 118.50/80 which is a good place to sell with a tight stop loss. Immediate support is seen around 117.90...
GBPUSD Daily Forecast: January 15 2016 15 Januari 2016 1:03 AM GBPUSD Forecast The GBPUSD had another indecisive movement yesterday. The bias is neutral in nearest term. Overall I still prefer a bearish scenario at this phase targeting 1.4250 but need a clear break and daily/weekly close below 1...
EURUSD Daily Forecast: January 15 2016 15 Januari 2016 1:06 AM EURUSD Forecast The EURUSD had another indecisive movement yesterday. Price attempted to push higher topped at 1.0943 but whipsawed to the downside and closed lower at 1.0862. The bias is bearish in nearest term testing 1.0800...
