The markets are closed but pollsters don’t rest. Figures released by various companies shower a tighter race...
GOLD: The commodity retains its upside pressure but with caution as it approaches its key resistance. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level...
After several months of market volatility and anxious observation of the pre-referendum polls, FX investors will finally have an answer to the question: Brexit or Bremain? Our central case still is that a Brexit will be avoided...
USD/CAD reversed directions and lost ground 110 points last week. The pair closed the week slightly below the 1.29 line. This week’s key event is Core Retail Sales. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD...
The New Zealand dollar enjoyed good data coming out of the country but was limited by some risk-off sentiment related to Britain’s EU Referendum. The upcoming week features 3 local events and the big Brexit decision...
AUD/USD ended last week almost unchanged, closing at 0.7366. This week’s highlight is Unemployment Change. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. Australian Employment Change posted strong gains and beat expectations...
EURUSD: With EURUSD closing higher on a rejection candle the past week, a move higher in the new week could be building up. Support lies at the 1.1200 level. Further down, support comes in at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will target the 1...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 25th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD and USDZAR...
Singers avoid cold water to take care of their vocal chords. Surgeons moisturize their hands after surgery to prevent dryness. Athletes go on crazy diets and fitness regimens to condition to their bodies. These high-level performers do this so that they can perform their best at what they do...
Losing streaks aren’t uncommon in the trading world. Every forex trader at one point or another hits a losing streak. Trust me, even the most consistently profitable pros have their slumps. A slump can start with anything...
When starting a new hobby or endeavor, it’s easy to get suckered into buying things that you think you need but eventually find that you don’t, at least not in the beginning...
EURUSD (Update from my last post May 28, 2016) - Trend-line Rejection after two weeks of retracement, Now we are looking for price action signal at lower timeframe to open buy position. Possible Target nearest resistance level @1.14600...
First, a review of last week’s forecast: – making a forecast for EUR/USD, both experts and technical analysis unanimously voted for a sideways trend with a bearish sentiment, which was 100% fulfilled – discrepancy between the levels of the beginning and the end of the week made just around 20 poi...
One of the more useful skills for forex trading is knowing when to press your advantage. Pressing your advantage may be in the form of increasing reward-to-risk ratios by adding to winning positions or even just logging in more trades...
Having a profitable strategy is only a part of what makes forex trades profitable. The other part? Execution. If you find that you’re having trouble with your trading mindset today, then this list is for you...
Setting expectations can be a wonderful tool for traders. They provide benchmarks to help us ultimately determine success and failure, and they also give us goals to work towards. However, we must be careful in setting our expectations...
Top Trade For Brexit Vote With the Brexit voting day of June 23, 2016 coming closer, it’s going to be an action packed run-up to the final. Click Here to continue...
GBPUSD extends to new highs. A week ago, there was a poll that sent the GBPUSD racing lower by 172 pips in 15 minutes. It looked like this.... That can wreak havoc with your trading and your P/L...
The UK’s EU referendum on Thursday (23 June) will be the main focus in the week ahead, but we also highlight other developments within the G10 FX bloc...
