Please note that the upcoming US Memorial Day and UK Spring Bank Holiday will affect the trading schedule for Gold (XAUUSDecn) and Silver (XAGUSDecn). On Monday, May 25th, trading of Gold and Silver will cease at 17:00 GMT+0 and resume at 22:00 GMT+0...
An upturn in inventories and higher exports helped Japan log stronger-than expected growth in the first three months of 2015, but those drivers may cool in the second quarter, says the Wall Street Journal...
Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 122.02 resistance level on monthly timeframe chart for the bullish market condition to be continuing...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, May 20th USD/JPY is traded at 120.93 up 0.02% after today’s report of 0.6% GDP growth in Japan in the first quarter this year. The annual GDP growth pace in Japan was reported to be 2...
• Greek deal at the end of May? German Chancellor Angela Merkel and French President Hollande said yesterday that negotiations with Greece should be accelerated to produce an agreement by the end of May, due to the financial needs of the country...
Oil futures can make great investments and are probably one of the most actively traded derivatives on the market. Some of the benefits of investing in oil futures include: Ability to make substantial profits. Oil futures can be extremely lucrative investments...
The 20 pips strategy is used for H1 and M15 timeframes. We use 100 SMA and 200 SMA indicators to determine the direction of the trend. H1 timeframe chart checks long term direction of the trend. Trades are opened only when the price is within 20 pips range of the 200 simple MA...
Many of the most popular indicators can be helpful when designing a trend strategy. And to take technical analysis a step further when designing a trend-trading approach, many traders will look to utilize multiple time frame analysis in order to get multiple looks at a trending market...
CHF/JPY: Long Position has been opened on May 6. The pair is having a rank of 21 and is consolidating. The CHF has a currency score of 6 and the JPY a score of 1. The Weekly chart is looking strong but the Daily and 4 Hour chart are showing some consolidation...
Stochastics gives its strongest sell signal when the two moving averages that comprise it have first been above 80 and then close below the 80 level. The strongest buying signal is given when the two moving averages have first been below 20 and then close above 20...
Pacific Investment Management Co. manages one of the biggest funds dedicated to purchasing a new type of high-yield hybrid securities - contingent convertible bonds, or Cocos - and has been buying from European lenders but not from lenders in developing countries, says the Wall Street Journal...
NZDUSD monthly price is on primary bearish market condition with secondary ranging: the price was reversed from correction within the bullish to the primary bearish market condition in October last years, and it is now located below Senkou Span A line of Ichimoku indicator and within Ichimoku clo...
Market is going in this way. What do you think? Am i right...
One of the great things about the forex market for individual traders and one of the reasons we are starting with the forex market as our first market specific course is the availability of real time demo accounts...
EURJPY price is on primary bullish with secondary correction which was started in the beginning of February this year on monthly close bar: Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator for the primary bullish with 149.75 resistance and 126.89 support levels...
There are 4 main types of MA: Simple moving average Exponential moving average Smoothed moving average Linear weighted moving average...
When looking at the Top 10 in the Monthly Ranking and Rating list provided here we can see that for the coming month the following stronger currencies are well represented for going long: CHF(5X) and the GBP(3X). The JPY(4X) is the weakes currency followed by the AUD(2X) and NZD(2x...
Becoming Technical Analyst The first step in becoming a successful technical analyst is to learn how to read forex charts. Outlined below are some simple steps that every trader should take when first starting out with technical analysis...
EURGBP is on primary bearish market condition on monthly timeframe since October 2011 with some secondary ranging. The price was on good breakdown movement and it was stopped by 0.7013 support level for the secondary ranging or for the bearish to be continuing...
