EURGBP Weakens, Eyes More Decline Towards 0.8800 Zone EURGBP- The cross remains biased to downside as it reversed its previous week gains to close lower on Friday. Support lies at the 0.8800 Level where a violation will turn focus to the 0.8750 level. A break will expose the 0.8700 level...
27.10.2017 EURUSD EURUSD managed to retreat from 1.1840-60 resistance zone where managed to meet target 1.1680-1.1700. Market managed to sustain drop where managed to break below major support 1.1660. Euro is facing two resistance zone: first one at 1.1660-70 and second one at 1...
GBPUSD: The pair weakened further during Friday trading session opening the door additional weakness. Support lies at the 1.3050 level where a break will turn attention to the 1.3000 level. Further down, support lies at the 1.2950 level...
On Wednesday, when a strong report on UK GDP for the third quarter was presented, the pound rose sharply in the foreign exchange market. Preliminary GDP of the UK, according to the data, in the third quarter increased by 0.4% (+ 1.5% in annual terms). The forecast was + 0.3% and + 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, October 27th The EUR/USD pair came under enormously high bearish pressure during last session, having declined to the level of 1.1624, which was last seen in late July, after ECB President M...
26.10.2017 USDJPY USDJPY managed to hold the trading zone between 113.10 and 114.40-50. Market for Intraday Levels showing signals for another advance to try test 114.40-50, while above this zone more advance toward 115.40-50 is expected. Below 113...
EURGBP- The cross remains biased to downside and looks to extend that weakness with eyes on 0.8855 level. Support lies at the 0.8850 Level where a violation will turn focus to the 0.8800 level. A break will expose the 0.8750 level...
The focus of traders today is the ECB's decision on rates, as well as a follow-up press conference at which ECB leaders are expected to clarify the situation with the prospect of the QE program...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, October 26th The EUR/USD pair shows positive dynamics for the third session in a row mainly on the back of widespread retreat of the US dollar...
Dear Traders, It’s decision day at the European Central Bank and traders in all EUR crosses brace for heightened volatility at this highly anticipated event that will bring forth news on the pace of the ECB’s quantitative easing program (QE). The euro traded higher against the U.S...
25.10.2017 CAD/CHF DAILY CHART As we can see on a daily chart, the trend line that has been respected for several days has recently been broken. However, and after the breakout or price ended by entering into consolidation...
GBPUSD: The pair took back its Tuesday losses on a rally on Wednesday. This development has opened the door for more strength towards the 1.3300 zone. Support lies at the 1.3200 level where a break will turn attention to the 1.3150 level. Further down, support lies at the 1.3100 level...
As reported on Tuesday by the American Petroleum Institute (API), oil reserves in the US last week rose by 0.5 million barrels. At the same time, stocks of gasoline and distillates dropped quite significantly: -5.8 million barrels and -4.9 million barrels, respectively...
In Eagle Scalper, News filter is designed to avoid big price fluctuation during high impact news. It will not open trades and close opened orders before and after high impact news...
GOLD: The commodity now faces further weakness after failing to follow through higher on the back of its Monday gains. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level...
After the results of the parliamentary elections in Japan became known, in which Prime Minister Shinzo Abe's party won a convincing victory, the Japanese Nikkei stock index rose to new highs...
Bernard Baruch is an investment and trading legend. Often considered "the lone wolf of wallstreet". And for good reason, he did not follow the crowd. Many great men such as Paul Tudor Jones, Ed Seykota, JP Morgan and Warren Buffet have great quotes that I have posted above my desk...
GBPUSD: The pair looks to follow through higher on the back of its Friday price recovery. Support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level. Below here will set the stage for more weakness towards the 1...
Sell USD/RUB, says Morgan Stanley, as it expects the Central Bank of Russia to deliver fewer rate cuts than the market expects in 2018, even though it forecasts a 25 bps cut this Friday. The bank recommends selling USD/RUB at the market price, for a target of 55.50, and a stop at 58.75...
Trading 9 pairs - spread fix 20 point 5 digit: AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDJPY, EURCHF View signal demo: https://www.mql5.com/en/signals/357805 Parameters in image: 1. Ea-Average-Price 2. GND_Magic-Martingale...
