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Pivot points indicator consists of a central pivot which is surrounded by 3 resistance levels below and 3 support levels above. Pivot points initially were used by floor traders to analyze and trade the equities and futures exchange markets...
For today R4 - 0.7684 / R3 - 0.7644 / R2 - 0.7629 / R1 - 0.7578 SPOT 0.7526 S1 - 0.7506 / S2 - 0.7460 / S3 - 0.7422 / S4 - 0.7402 BUY AT 0.7490 FOR 0.7640; STOP AT 0.7460 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
World's gold demand was stable in the first quarter of 2015, just 1% less than the same period last year, a report published Thursday by the World Gold Council showed, which also indicated the investment component jumped 4% compared with the same quarter of last year...
14.05.2015 07:40 GMT Yesterday the world’s financial markets closed mainly on the decline. In Europe, the FTSE 100 grew 0.23 percent to 6,949.63 points, the DAX dropped 1.05 percent down to 11,351.46 points, and the CAC 40 fell 0.26 percent to 4,961.86 points. In Russia, the MICEX index shed 1...
As David Cameron, whose Conservative party won the election on 7 May, promised to conduct a referendum on the possibility of Britain's exit from the eurozone before the end of 2017, business representatives analyze how beneficial leaving Europe would be for them...
Trend following indicators were created to help traders trade currency pairs that are trending up or trending down. We have all heard the phrase “the trend is your friend.” These indicators can help point out the direction of the trend and can tell us if a trend actually exists...
"The euro rally has continued today despite more stable German bond markets, suggesting the move is being driven by a weaker dollar," Barclays wrote in a note on Thursday...
Euro area's economic growth has picked up in the first quarter, rising 0.4 percent compared to the last quarter of 2014 and outpacing the United States and the United Kingdom for the first time in four years. The pickup was led by France, Italy and Spain. Not Germany...
Click on my name above for further discussion. One of the most important thing I learned over my trading and investment career of 20 plus years is that time is not important in trading. It is price action. Your trading career will end abruptly and violently if you think fast money exists...
Generally speaking, if the U.S. equity market like S&P 500 and Dow Jones is rising, then foreign investment dollars will flock the U.S. equity market by leaps and bounds pumping the U.S. dollar higher...
Investors should brace for a better-than-expected earnings period, based on a number of important factors, says Liz Ann Sonders, Charles Schwab’s chief investment strategist...
On Thursday the dollar continued its decline, pressing a benchmark index to the lowest level since the beginning of the year, as recent soft U.S. data spur speculation the Fed will delay the rate hike...
In an interview with the Wall Street Journal, Europe’s top banking supervisor said Greek banks have never been better equipped to face the country’s financial crisis...
Thursday 14th May 2015 Ftse 100 Trades +34 Pips The ftse opened with a lovely move south this morning compared to yesterdays frustrating open. I only traded for the first 10 mins and banked +34 pips...
The best area to buy is 1195.15 ( Supply Zone ) with lowest Risk/Rewards. It is also possible to go long at 1202.5 in 61.8 % of Fibonacci with medium Risk/Rewards. 1209 is another support area and possible point to go Long but personally I don't do such this trade due to high Risk/Reward...
On Thursday the Aussie dollar rose to three-and-a-half month highs against its U.S. peer, as Wednesday's U.S. retail sales report continued to dampen the sentiment for the dollar...
Created by stock analyst Marc Chaikin, a pioneer of the use of computers for stock analysis, recognized for developing the ADL Provides a reading of volatility based on the range between high and low prices, where a wider range means higher volatility Helps identify and anticipate bottoms and top...
According to the head of Credit Agricole SA’s corporate and investment bank, a trading recovery that started in the first quarter is persisting, supported by swings in bond and currency markets...
On Thursday crude oil prices dropped in Asia as markets were still worrisome about the strong production outlooks as there were few signs of a surge in demand...
Tenkan-sen line is located below Kijun-sen line of Ichimoku indicator with 14.36 support level on monthly timeframe chart for the bearish market condition to be continuing...
