EUR/USD: floating around 100-day SMA and 200-day SMA for direction. This pair is ranging near 100-day SMA and 200-day SMA for waiting for breakout/breakdown the levels. The price is ranging between 1.1460 resistance and 1.1086 support levels. The bullish target in case the price breaks 1...
Ed Yardeni of Yardeni Research says he’s starting to worry that a relief rally is going to be more challenging to muster today than in the previous time, “when central banks had more ammo and more credibility.”...
#Oil futures are rising in price after a significant decline, caused by new #signals of #economic slowdown in China. It should be noted that today, #API will publish the data on the U.S. crude oil inventories changing, and this statistics traditionally affects #quotes...
"We expect, in line with consensus, an increase of 200k in the headline number (190k for the private payroll), a steady unemployment rate of 5.1%, and a 2.4% y/y increase in wages...
Editorial Introduction: We’ve been participating in a local Trading Conference where leading trader been discussing different modern trading technologies. Eventually he has discussed about the “Forex Diamond” EA and educated us about it’s key benefits...
Billionaire activist investor Carl Icahn gave a fresh warning about the Federal Reserve's zero-interest rate policy and high-yield bonds...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, September 29th EUR/USD rose sharply on Monday as a sell-off among commodities and U.S equities put dollar under pressure. The single currency was trading as low as 1.1147 before subsequently hitting the 1...
#Stocks are under pressure prior to long holidays in #China and because of prospects of the #Fed #rate hike. All major Asian #indices were falling during Tuesday's #trading session. #Gold is flat after a significant overnight drop. Find out more by checking out the Source Link...
US Dollar - "While it will be easier to keep tabs on the progress of monetary policy speculation, the greatest potential for Dollar movement resides with sentiment trends. The Dollar is a haven when risk aversion devolves into a need for liquidity...
EURGBP- With the cross remaining on the offensive, we look for more strength to build up. While it holds above the 0.7360 zone, expect more strength possibly towards the 0.7482/0.7500 region. On the upside, resistance lies at the 0.7450 level where a violation if seen will turn risk towards the 0...
System Developer / Creator: Tobias S. (HolyFire) Brief Technical Overview by Author: Follow the rules and expect ITM ratio of approx: 75 – 80% Tested on based on Gold / AUD / USD EUR/ USD and GPB USD Traded mostly on: Initial 3 hours of London Session...
Daily price broke Ichimoku cloud from below to above on Friday with good bullish breakout and came to the bullish area of the chart: price was stopped by 1156.65 resistance level for the ranging market condition with the following key support/resistance levels: 1170...
Fundamentals for EUR/GBP: neutral. "We like buying EURGBP as the pair will be supported in times of risk-off. The trade does well for three reasons. First, the current account deficit works against GBP in times of risk-off. Second, UK data have weakened relative to EMU recently...
Fundamentals for USD/JPY: neutral. "We expect JPY to be a relative outperformer over the near term for two reasons. First, weakness in China and the latest selloff in EM FX is likely to weigh on risk appetite more broadly. JPY tends to outperform in periods of risk aversion...
USDJPY: With USDJPY seen trapped in a range, it now searches for directional moves. Until its breaks out either way, we expect its consolidation price action to continue. On the upside, resistance resides at the 120.50 level with a turn above here aiming at the 121.00 level...
We have moved pending #orders in #EURUSD to extremes of newly created #fractals, closer to the #price. The #price dynamics is quite sluggish yet, but everything can change during the U.S. session. Find out more by checking out the Source Link...
We have fixed a small loss on a long position in #USDJPY on a signal of the bar closure below the red Alligator's line. At the moment, fractals are rather far the current price level. Find out more by checking out the Source Link...
Spanish financial markets jumped on Monday before slipping into the red after regional elections in Catalonia, welcoming a result that although secessionists won a parliamentary majority, there appeared not to have advanced a broader case for independence from Spain...
