Gold falls back in line with the more worthwhile NFP U.S. release in May than expected. NFP May be released at a rate of + 280k, far enough from expectations + 220k though on the other hand the unemployment rate may also had released 5.5%, higher than the 5.4% in April...
GOLD: Faces Downside Pressure With Warning GOLD: Having maintained a third week of declines the past week, GOLD now faces the risk of more weakness in the new week. However, a halt in decline may occur at its key support. Support comes in at the 1,162.00 level where a break will aim at the 1,140...
EUR: Draghi Gives EUR Legs. Bearish. "The ECB did not push back against higher yields in the Euro Area, which could offer some near term support to EUR on the crosses...
In this article I will provide my view on the CHF/JPY, NZD/USD and the GBP/AUD. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
Technical Developments to Watch: EUR/USD still below key trend line resistance at 1.1380 GBP/USD testing key support at 1.5190 USD/JPY at a 13-year high, bias bullish above 124.15 NZD/USD in play, potential for another leg lower if RBNZ cuts rates...
Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The popular Non-Farm Employment Change and other employment figures coming out of the US and Canada caused significant impact on the markets on June 5, 2015...
EURUSD: Vulnerable Despite Weekly Higher Close EURUSD: Although EUR closed higher the past week, it faces downside pressure after losing a quarter of its last week gains (see daily chart). This development leaves it vulnerable to the downside. Resistance is seen at the 1...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my review on the FxTaTrader strategy...
Gionee Prez Lu Gionee has big plans for India and the line of attack for the company is ‘F5’ - fighting for the next five years with India rising as the hottest market for the company. India will be the world’s second largest smartphone market with a population of just over 1.2 billion...
I just provide knowledge about maximizing tool on your terminal mt4 so we will better understand and be wise in choosing indicators of external customs ... but all it takes to learn and need no pointing, for example, is how to set the level of the Fibonacci retrechment...
I have developed a good and profit maker EA. Back testing is excellent and modeling quality up to 90% .But it has different results in a real live account...
Leverage, Margin, Balance, Equity, Free Margin, Margin Call And Stop Out Level In Forex Trading I always see so many traders who trade forex, but still don’t know what margin, leverage, balance, equity, free margin and margin level are...
Technics "Magnetism OF FIBONACCI ARCS" This mapping technique I observed pattern still accurate and to analyze the next 1-2 months .. the objective determine the movement and rally or candle chart pattern that will come: Step 1 = sliding chart shifts to the middle of full stuck...
USDCHF: The pair continues to look vulnerable after closing marginally lower the past week. If a follow through lower is seen in the new week, further weakness will follow. On the downside, support comes in at the 0.9300 level...
As usual, let us start with a few words regarding last week’s forecast. And so: - for the EUR/USD pair the majority of experts (↑ - 69%, → - 12%, ↓ - 19%) predicted a stable growth. Technical indicators on the H4 timeframe also agreed with them...
fibo telescope that use Fibonacci retrechmen in motion or pattern formation chart pattern that will run, in this case we are able to map and detect movement chart .. very simple and very easy is to divide your windows with fibo mt4 archs, Fibo fan, oblique line, line horizontal and vertical line...
