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Estimated pivot point is at the level of 101.00. Our opinion: Buy the pair from correction above the level of 101.00 with the target of 104.10. Alternative scenario: Breakout of the level of 101.00 will allow the price to continue the decline to the level of 99.50...
Estimated pivot point is at the level of 0.9003. Our opinion: Buy the pair from the correction above the level of 0.9003 with the target of 0.9130 – 0.92. Alternative scenario: Breakout of the level of 0.9003 will enable the pair to continue the decline to the levels of 0.8950 – 0.89...
Estimated pivot point is at the level of 1.6925. Our opinion: Sell the pair from correction below the level of 1.6925 with the targets of 1.6830 – 1.6720. Alternative scenario: Breakout and consolidation above the level of 1.6925 will enable the price to continue the rise up to 1...
Estimated pivot point is at the level of 1.3414. Our opinion: Sell the pair from correction below the level of 1.3414 with the target of 1.3290. Alternative scenario: Breakout of the level of 1.3414 will allow the price to continue the rise up to the levels of 1.3450 – 1.35...
Seven habits of a successful trader. Responsibility to take your own risk: For the success full trader take every risk every decision on his own responsibility to all time. you will never meet a successful trader who is looking to blame someone...
The Double Top and Double Bottom patterns are quite common and easily recognizable chart patterns which occur on all timeframes and in all markets. Let’s take a closer look at this classic reversal pattern...
USDJPY has been heavily consolidating on the high end of 101.20 zone. You say wedge I say consolidation, but that doesn't matter. The last two weeks as it looks like shows a massive buying pressure...
The Fibonacci equal wave pattern provides us at least a 1-to-2 risk-to-reward ratio trading opportunity. Below, we provide two examples of how you can incorporate the equal wave pattern into your current forex strategy and technical analysis...
The Bank of America has hired Sascha Szyfman as the Area Vice President in its Global Technology and Operations division. Previously, Szyfman worked for three years at FXDD, based in New York...
After working at J.P. Morgan for five years, Loganchuk founded Upgrade Capital to provide opportunities to students who have no way of proving their financial capabilities when applying for jobs...
Last week inflation fell deeper in EUR-zone, to 0.4%, and cast a dark cloud on quite satisfactory employment and consumption data. The pound continued falling on more weak data in what looks like a u-turn rather than a correction...
Argentina refuses to be "extorted" and defaults on $539m. Unemployment is declining and GDP is growing by 3%. On Wednesday, Argentina defaulted failed to pay a $539 million interest payment...
Bollinger Bands indicator is used to identify and analyze trending markets. In a trending market this indicator clearly shows up or down direction. This indicator can be used to determine the direction of the forex trend...
MACD Classic divergence is used as a possible sign for a trend reversal. Classic divergence is used when looking for an area where price could reverse and start going in the opposite direction...
Since the MACD uses 26 and 12 EMA to plot, we shall compare these two EMAs with the MACD indicator to determine how these signals are generated...
The MACD indicator is one of the most widely and commonly used indicators available. MACD indicator is a momentum oscillator with some trend following characteristics. MACD is one of the most popular indicators used in technical analysis. It is used to generate signals using crossovers...
In your opinion wha't could be the next move in EURUSD Asset. Today after NFP the EUR gains against USD, in your opinion this is a bullish momentum or just a corrective move? I still defend a bullish moment, with a projection into 1.3470/80 area as 1st Target...
A Forex trader should wait for the price to turn in the opposite direction after touching one of the bands before considering that a reversal is happening. Even better one should see the price cross over the moving average...
D1 price is on primary bearish market condition with 1.3366 neatest support level to be broken for the bearish to be continuing...
We take a look at the top reported official gold holdings of individual countries (as of June 2014) based on information from the World Gold Council. #20: Spain Tonnes 281.6 % of reserves: 25% #19: Lebanon...
