The #loonie continues to suffer from the negative dynamics of #oil #prices, leading to new multi-year highs in #USDCAD. It is recommended to hold long positions at least before the retail sales data in the United States. Find out more by checking out the Source Link...
A new dash of the single #currency to the north was not so powerful as the previous one, however, the upward trend in #EURUSD is developing. It is recommended to stay out of the #market ahead of today's U.S. statistics. Find out more by checking out the Source Link...
H4 price is on bullish market condition with the ranging within the following key reversal support/resistance levels: 1.1052 resistance level located far above Ichimoku cloud in the bullish area of intra-day chart, and 1...
#Gold continues to fall amid expectations related to the upcoming Fed meeting on December 14-16. Expectations of the rate hike support the U.S. #dollar and put pressure on the yellow #metal. As a result, in November the price of the metal lost nearly 8...
The key index of the Japanese #stock #market #Nikkei ended the day rising by 0.97%. Meanwhile, Chinese #stocks continue to decline amid a new phase of falling #oil prices, as well as reducing of the #yuan. Find out more by checking out the Source Link...
As you can probably imagine, we could spend many lessons and multiple hours going over each of the economic indicators that affect the price of the US Dollar...
It has been one week since we published our Abbey's 24EAs Portfolio. We have more than 39 downloads, and we would like to thank you for your interests and supports. As of this morning (December 10, 2015), Abbey has over 750pips floating profit in our real trading account...
AUD/CAD: bullish breakout. The price broke Ichimoku cloud from below to above for good breakout with the reversal of the price movement to the primary bullish market condition with the secondary ranging...
EUR USD, “Euro vs US Dollar” At the H1 chart, after finishing the diagonal triangle in the wave [v], the pair has rebounded from its lower border and started the correction. It looks like earlier this week the market completed the wave [b] in the form of the double zigzag...
GOLD: With the commodity continuing to hold on to its downside bias, GOLD remains weak and declining on bear pressure with eyes the 1058.00 zone. On the downside, support comes in at the 1050.00 level where a break will turn attention to the 1040.00 level...
AUD USD, “Australian Dollar vs US Dollar” As we can see at the H1 chart, the market has formed the zigzag in the wave (y) and started a new descending impulse. On Thursday, the pair may finish the wave (ii) in the form of the flat and then continue falling in the third wave...
USD JPY, “US Dollar vs. Japanese Yen” At the H4 chart of USD JPY, bullish Hammer pattern indicates an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish movement...
At the H1 chart of EUR USD, the upside Window provided resistance. Doji pattern showed a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction...
EUR USD, “Euro vs. US Dollar” At the H4 chart of EUR USD, bearish Harami pattern near the Window (resistance level) indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback...
XAU USD, “Gold vs US Dollar” XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is between Tenkan-Sen and Kijun-Sen...
GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is getting closer to the chart, and the price is on Tenkan-Sen...
GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); Kijun-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is heading up (2); Chinkou Lagging Span is above the chart...
EUR/USD weekly MACD indicator is still below a resistance line which suggests upside is limited, notes SocGen. "The pair has achieved an initial target at 1.1010/85, i.e. September lows. With the daily stochastic close to a resistance line, the flag limit at 1.1270 should cap upside. 1...
EUR GBP, “Euro vs Great Britain Pound” AT the H1 chart, the predicted target of the current correction is confirmed by local retracements. On Thursday, the pair may fall to reach the closest group of fibo-levels. If the market rebounds from them, we can expect an intraday correction...
