On 02 Jan 2017 11:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for EURAUD currency pair at 1.45925 under 6, 15, 12. The position closed on 03 Jan 2017 06:00 PM UTC at 1.44096 and the profit was 1.25%. AdMACD parameters for EURAUD on close were 6, 15, 12...
GOLD: The commodity reversed its intraday losses to close higher on Tuesday. On the downside, support comes in at the 1,150.00 level where a break will turn attention to the 1,140.00 level. Further down, a cut through here will open the door for a move lower towards the 1,130.00 level...
https://www.tradingview.com/chart/AUDNZD/UomBsOBP/ Click source for direct link to analysis and setup. This trade is active and I will be updating when I am adding more positions...
Follow the link to full analysis. Most of the info is posted in the image. https://www.tradingview.com/chart/DXY/yHdiKRMV...
AUD/USD Risks Larger Recovery After Failing to Test May Low (0.7145) Talking Points: - AUD/USD Risks Larger Recovery After Failing to Test May Low (0.7145). - EUR/USD Snaps Back Ahead of Euro-Zone CPI; RSI Preserves Bullish Formation...
Divergence is a leading indicator unlike most other indicators that are lagging. There are 2 types of divergences: 1) Regular and 2)Irregular. Irregular divergence is also known as Hidden Divergence. Regular Divergence signals a trend change or a retracement...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, January 3rd The euro has erased all today’s gains vs. its American counterpart retreating to the region of 1.0405...
EUR/USD: Neutral: In a 1.0370/1.0600 range. The unexpected surge to a high of 1.0651 last Friday coupled with the equally rapid reversal has resulted in a mixed outlook. We hold a neutral stance now and expect broad choppy sideways trading within a broad 1.0370/1.0600 in the coming days...
On 30 Dec 2016 01:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for EURCAD currency pair at 1.41862 under 11, 24, 9. The position closed on 03 Jan 2017 05:00 AM UTC at 1.40621 and the profit was 0.87%. AdMACD parameters for EURCAD on close were 23, 57, 4...
Divergence is an important leading signal. A divergence signal develops when price leads or lags the indicator. There are 2 types of divergences. Regular and Hidden. Regular divergence is an important trend reversal signal. Sometime it can be a retracement instead of a trend reversal...
Euro May Overlook German CPI Uptick, US ISM Survey in Focus Talking Points: US Dollar corrects broadly lower as liquidity rebuilds after holidays Aussie Dollar outperforms on upbeat China PMI, NZ Dollar follows Euro may look past German inflation uptick, US ISM survey in focus...
Talking Point: Technical Strategy: Bearish Elliottwave View: Bear count confirmed Analysis From our last December's analysis on NZDUSD (New Zealand dollar vs US dollar), nothing much changed. We are on bear trend count and able to break and trade outside corrective channel...
Author: Favio Poci In this weekly market update you will see charts, wave counts and Fibonacci targets on the following instruments: E-Mini, SPX Dow E-Mini (YM), IWM (Russell ETF) Gold, GLD & GDX...
In the Currency Strength table the USD was again the strongest currency for the third week while the AUD was the weakest for the second week. All the Currencies remained around the level of the previous week with a maximum difference of just 1 point...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: USD(3X) followed by the CAD(3X) with the CHF(3X). The weaker currencies are the AUD(4X) followed by the JPY(3X) with the GBP(3X...
Pivot Points Hourly Last Updated: Jan 2, 3:03 am -08:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.0512 1.05157 1.05175 1.05194 1.05212 1.05231 1.05268 USD/JPY 116.593 116.669 116.701 116.745 116.777 116.821 116.897 GBP/USD 1.23214 1.23327 1.23379 1.2344 1.23492 1.23553 1.23666 USD/CHF 1.01481 1...
If you look at EUR/USD weekly chart it seems it has found support for now. EUR/USD will make a retracement and find resistance at EMA21. Then it will start its downward march once again. Read this blog post that explains how low can EUR/USD go...
EURUSD: The pair rejected higher prices to print a rejection candle on Friday. This development leaves risk lower in the new week on a possible price resumption. On the down, support lies at the 1.0500 level where a violation will aim at the 1.0450 level. A break of here will aim at the 1...
