Investors have several reasons to worry about a potential taper tantrum. Indeed, the next Fed hike is drawing near (we think December rather than November); concerns about a BoJ and ECB taper linger, and stabilising commodity prices are supporting realised and expected inflation across G10...
Forex trading can be fun if you can master the skill of risk management. In my opinion, the most important thing in any trade is risk management...
FOREX BACKTESTING IN THE REAL WORLD In the academic world, perhaps, optimization can be defined as the process of searching for the best signals, timing, entry points, etc. However, this is a very “theoretical” approach...
Last week EURUSD traded within the range of 1.0850 and 1.0991 which is in the neighborhood of 140 pips. The pair which did some retreat at first to 1.0850 around our PL area the previous low, began an upward move, creating a path for itself upwards to PH previous high before the week end high...
FOREX STRATEGY: HOW TO SET YOUR TAKE-PROFIT Have you ever noticed how often you bargain for things you want to buy while travelling abroad, even if the price is already far less than what you would expect to pay in your own country...
First, a review of last week’s forecast: – giving forecast for EUR/USD, those 30% of experts, having suggested a possible rise of the pair, turned out to be right. As a reminder, such scenario was also backed by the graphical analysis, according to it a sideways movement of the pair within 1...
You should be trading currencies next week because excluding the U.S. Presidential election on November 8th, the next 5 days are jam packed with major event risks...
GBP/USD to Stage Relief Rally on Hawkish BoE Inflation Report Talking Points: - Euro Rebound to Benefit From Robust Euro-Zone GDP, Sticky CPI. - GBP/USD to Stage Relief Rally on Hawkish BoE Inflation Report. EUR/USD Daily...
This trading week is ended with some results concerning Hang Seng Index: the price broke Ichimoku cloud to below to be reversed from the ranging bearish market condition to the primary bullish trend...
Gold Prices Mark Time as US GDP Data Looms Ahead Talking Points: Gold prices stall as markets look to US GDP for Fed path guidance Crude oil prices edge higher as Brazil joins output cut negotiations Sideline comments from OPEC meeting may prove market-moving...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, October 28th EUR/USD Current price: 1.0910 (0.1%) Session range: Open 1.0896 High 1.0926 Low 1.0893...
The USD rally continues as data validates a December rate hike The first of three releases of U.S. third quarter gross domestic product (GDP) data will be published on Friday, October 28 at 8:30 am EDT. The advanced GDP is reported 30 days after the end of the quarter...
Amazon Misses Earnings, Google Beats and Risk Trends on Alert Talking Points Amazon missed earnings estimates today, EPS was reported $52 cents per share versus $78 expected Google beat it’s earnings estimates today, EPS was reported $9.06 per share versus $8...
The big story in the foreign exchange market today was USD/JPY and its break above 105. For the past 5 trading days USD/JPY had been quietly trickling higher and today right around the London close it took out this key psychological barrier...
Trading successfully (at size) for any meaningful period of time is almost impossible without a clearly defined structure in place. More specifically: a structure that can be improved upon dynamically...
USDJPY: With the pair following through higher the on Thursday, further upside pressure is likely. On the downside, support comes in at the 105.00 level where a break if seen will aim at the 104.50 level. A cut through here will turn focus to the 104.00 level and possibly lower towards the 103...
Pivot Points Hours Last Updated: Oct 28, 1:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08808 1.08885 1.08924 1.08962 1.09001 1.09039 1.09116 USD/JPY 105.067 105.151 105.189 105.235 105.273 105.319 105.403 GBP/USD 1.21437 1.21532 1.21585 1.21627 1.2168 1.21722 1.21817 USD/CHF 0.9914 0...
Pivot Points Daily Last Updated: Oct 28, 1:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.07852 1.0845 1.08686 1.09048 1.09284 1.09646 1.10244 USD/JPY 102.856 103.91 104.59 104.964 105.644 106.018 107.072 GBP/USD 1.19461 1.20693 1.21141 1.21925 1.22373 1.23157 1.24389 USD/CHF 0.98528 0.98922 0...
