Oil prices turned around to rally on Monday after the Saudi Arabian cabinet said in a statement the kingdom remained ready to work with non-OPEC producing and exporting countries to stabilize prices...
Trading recommendations and Technical Analysis – HERE! In anticipation of the December fed meeting increasingly on the markets growing confidence in higher interest rates in the US. In response to these growing expectations, the dollar, and declining prices for precious metals, including gold...
#Traders took #profits on short-term short positions in #GPBUSD, which led to a sharp turn around and the subsequent break of the support line. #Trend #indicators confirm the downward trend. Find out more by checking out the Source Link...
After a rather long break #USDCAD #quotes finally continued to recover. It's recommended to consider long positions from current levels in order to achieve more than the 11-year high of the pair. Find out more by checking out the Source Link...
The eurozone PMI report issued today has shown that the regional economy is gaining momentum. The report has signaled that Europe’s factories are lagging behind service sector firms, which is an indicator of the weakness in the global economy, which has left Europe more reliant on domestic demand...
Dear Traders, The U.S. dollar advanced to new highs against the euro and British pound. The greenback resumed its uptrend in expectation the Fed will hike next month while other central banks are biased to ease. The euro weakened toward a fresh low of 1...
What #economic #events are key this week? The #eurozone will release a number of #indicators on business activity, and in the #US will publish the portion of important statistics. On Thursday the U.S. #market will be closed due to #ThanksgivingDay. Find out more by checking out the Source Link...
New bullish trend in closing bar inside an overbought situation. This could be an opportunity to enter long with first target on R2 ( 0,98450) and second target on R3 (0,99876) New bearish trend in closing bar inside an Oversold situation...
Daily price is on the primary bearish market condition located below Ichimoku cloud and 'reversal' Sinkou Span lines within the following key support/resistance levels: 1.0829 key resistance level, and 1.0461 key support level. The price is trying to break 1...
#Oil plunged by 3% prior to #OPEC meeting. The main reasons for the decline are the same. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
MAP OF THE BATTLE: THE VIDEO GAME MARKET: Map of battlefield: It's a funny look at the market. It allows us to look at the market as if it were a video game. It shows the supports and resistances below and above the price (trenches), showing where the bulls and bears are hidden armies...
Morgan Stanley made a fundamental forecast for EUR/USD related to the price movement - they estimated for this pair to be in ranging bearish in the near future up to the year-end for example: "EUR is likely to remain an underperformer in the current environment...
As it looks more and more probable for a drastic fall in eurusd price, level 2 set up still shows the possibility of an upward retracement in eurusd price to this month's high. As mentioned in my previous posts, i expect eurusd prices to move in sync with gold prices...
With the gold price going below the previous low of the year, there is little doubt that the gold price is going to 700. The question still is, will it go after an upward retracement or without an upward retracement. I still believe that there is a possibility of an upward retracement...
GOLD: GOLD looks to weakenon bearishness following its the past week losses. While the 1088/98 zone remains unbroken, its broader biasremains lower. On the downside, support comes in at the 1070.00 level where a break will turn attention to the 1060.00 level...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish EURUSD made no strong directional movements last week and closed down on Friday (at 1.0645), highlighting the ongoing weakness in this pair. There is now the possibility of the support lines at 1.0600 and 1...
EURUSD: With the pair failing to follow through higher on the back of its previous gains the past week, further downside pressure is likely in the new week. This development now leaves EUR eyeing its key support located at the 1.0519 level. However, immediate risk comes in at 1...
The init of trend is a trend indicator for any pair and any timeframe. Never repaints signal. Never blakpaints signal. Never recalculates signal. 70% of profitable trades whit 41 pip of average pip for signals. The indicator gives a signal is the trend is near to init...
