Many experienced traders use walk-forward optimization for their algorithmic trading systems. Unfortunately MetaTrader 4 does not provide any means for performing walk-forward optimization of expert advisers (EA...
EURUSD: Except the pair returns above the 1.1233 level. A move lower cannot be ruled out. Support lies at the 1.1100 level. Further down, support comes in at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will target the 1.0950 level...
It appears that Goldilocks and the USD bears are playing for the same team at present. The global recovery seems to be strong enough to fuel demand for carry while, at the same time, the US economy is not doing well enough to justify another Fed hike...
First, a review of last week’s forecast: – the forecast for EUR/USD reckoned that early in the week the pair could tick up to the level of 1.1130, and if it was broken through – it would go up to 1.1170. The high of 1.1220 was indicated as the third resistance...
Daily price broke one of the 'reversal' Senkou Span line of Ichimoku indicator together with trendline to above: the price broke this line to be located inside Ichimoku cloud in the bearish ranging area of the chart waiting for the direction...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 33rd week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, EURGBP, AUDUSD, EURAUD, NZDUSD, USDCAD and USDZAR...
USDCHF: With the pair closing lower the past week, further weakness is likely. However, we may see an initial run to the upside in the new week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0...
The USD is in a soft spot amid a global rush into yield and little perceived threat from the Fed, at least until Chair Yellen’s Jackson Hole appearance. While we think USD pullbacks still represent medium-term buying opportunities, bulls will need to be patient...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, August 12th GBP/USD Current price: 1,2954 (0.0...
Weekly price is located far below 100 SMA/200 SMA reversal area on primary bearish market condition with 1...
The USD has been in retreat of late. It appears that goldilocks and the USD bears are playing for the same team these days.The recent underperformance of the USD reflects investors’ scepticism that the Fed will be able to hike anytime soon...
GBPUSD: Having the pair rejected higher level prices to close lower on Wednesday, further downside pressure. On the downside, support lies at the 1.2950 level where a break will turn attention to the 1.2900 level. Further down, support lies at the 1.2850 level...
TRADING RECOMMENDATIONS According to previously submitted data for the week, consumer prices fell 0.4% in July compared with the previous month and by 0.2% compared with the same period last year. Real retail sales in Switzerland in July fell by 3.9% in annual terms...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, August 11th NZD/USD Current price: 0.7242 (0.6...
NZD/USD Intra-Day Fundamentals: RBNZ Official Cash Rate and 155 pips range price movement 2016-08-10 21:00 GMT | [NZD - Official Cash Rate] past data is 2.25% forecast data is 2.00% actual data is 2.00% according to the latest press release...
AUDUSD reaches a new 3-month high above 0.77 as the risk-rally in FX continues. S&P has reached a new peak too at 2187. Our STEER model signals that global equities are the principal driver of AUD (rather than yields) which supports the link between the S&P 500 and AUDUSD...
USDJPY: With the pair closing lower on Tuesday and extending it on Wednesday, more weakness should build up. On the downside, support comes in at the 101.00 level where a break if seen will aim at the 100.50 level. A cut through here will turn focus to the 100...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, August 10th USD/CAD Current price: 1.3070 (-0.4...
What the BoJ, ECB and Major Central Banks Do to Rest of the World Talking Points: The world's largest central banks are near, at or even below the zero threshold on their benchmark rates Policy groups for the world's major, developing (emerging market) economies are comparably in disarray Extreme...
