Forex , 28th july 2017 : suggestions for main currencies Dear readers, at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs, searching for the most profitable conditions to place a trade...
GBPUSD: The pair continues to retain its upside threats though with caution. Support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level. Below here will set the stage for more weakness towards the 1.2950 level...
As broadly expected, FOMC members decided to leave monetary policy unchanged, maintaining the target range for the federal funds rate to 1% to 1.25% and not providing a clear timing about its balance sheet reduction plan. Little changes were made to the statement compared to the June version...
As you know, the Fed did not change its monetary policy at its July meeting and kept the key rate in the range of 1% -1.25%. The decision to keep the current monetary policy unchanged was unanimously adopted and was published yesterday at 18:00 (GMT...
AUD/USD The Australian dollar has updated two-year highs today, by testing the level of 0.8065. Traders are selling the dollar across the market on reaction to the results of the meeting of the Federal Open Market Committee...
The EURUSD pair achieved strong gains yesterday to approach from the bullish channel's resistance that appears on chart, which rises now to 1...
Dear readers, at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs, searching for the most profitable conditions to place a trade...
EURUSD: With the pair backing off higher price to close almost flat on Tuesday, more corrective pullback is envisaged in the days ahead. Resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1...
If you ask almost anyone what crypto they (would) like to trade, most probably you will hear Bitcoin and Ethereum. Litecoin comes in third place, on a far distance from the first 2. Even if we compare Litecoin with Ethereum, Ethereum wins by a significant margin. Well, not everywhere...
The main US stock indices remain upward, gaining support from positive companies and soft rhetoric of the Fed representatives regarding plans for further tightening of monetary policy in the US. By the end of trading on Tuesday, the DJIA index increased by 0...
The EURUSD pair continues to fluctuate around 1.1650 level, noticing that stochastic returns to gain the positive momentum on the four hours' time frame, waiting to motivate the price to resume the bullish trend in the upcoming sessions, noting that our next target is located at 1.1760...
Dear readers, at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs, searching for the most profitable conditions to place a trade...
CRUDE OIL: With the commodity taking back most of Friday losses on Monday and following through higher on Tuesday, a follow through higher is envisaged in the days ahead. On the downside, support resides at the 46.50 level where a break will expose the 46.00 level...
Hello, For a few months I am a user of MQL virtual hosting; At the beginning, I had only one EA to run, installed on an MT4 platform...
"Core inflation is still slow and has not yet shown convincing signs of acceleration. Price pressure and wage growth are still restrained, "European Central Bank board member Yves Mersch said today in Singapore. The rate of price growth in the Eurozone last month slowed to 1...
EUR/USD Euro has firmly established in the middle of the range 1.16-17. The currency is in no hurry to move from the two-year highs. The US currency is still under the pressure across the market, it means that EUR/USD has a chance to test the upper limit of the mentioned range in the near future...
USDJPY: The pair continues to hold on to its downside pressure closing lower the past week. On the downside, support comes in at the 110.50 level where a break if seen will aim at the 110.00 level. A cut through here will turn focus to the 109.50 level and possibly lower towards the 109.00 level...
