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Pivot (invalidation): 1.1655 Our preference Long positions above 1.1655 with targets at 1.1695 & 1.1720 in extension. Alternative scenario Below 1.1655 look for further downside with 1.1640 & 1.1610 as targets...
Some of you might not know my journey up to where I am today so I'll start from the beginning. I got introduced to Forex Trading back in 2008. Like many newbies I started trading myself and blew all the demo accounts I opened...
EURUSD: The pair looks to extend its weakness after selling off on Wednesday. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1...
First, a review of last week’s forecast: - EUR/USD. The forecast for this pair turned out to be absolutely correct. Recall that it assumed first a small growth of the pair to the resistance of 1.1800 (in reality, it rose to the height of 1.1790), and then a fall (it fell to the level of 1.1620...
After a slow start to the week, trading picked up Wednesday with some Major Economic News Events. The major pairs had some considerable moves which caused large drawdowns of over 10% on all accounts, but by Friday drawdowns were less than 4...
After reviewing a couple of alternative IDEs/Source Code Editors that could be used to code and compile in MQL5 instead of using the original Metaeditor IDE, I decided to go with Visual Studio Code, from Microsoft...
COSMIC DIVINER SCALPER SYSTEM You can use Cosmic Diviner Scalper System on any forex currency pairs The indicator has proven itself for trading not only on the time frame of the M5. Many users use it for trading from time frame M1 to H1 Cosmic Diviner Scalper System by LATalab...
American stock indexes retain a positive dynamics, developing an upward correction. Earlier in the week, the stock market saw a large-scale sale in the light of renewed fears about trade relations between the US and China...
As the USA and China continue to implement punitive duties, trade surplus records are occurring. China’s June surplus is estimated at USD 41.61 billion, its highest rate since the beginning of 2018, with exports slightly higher (+3.10%) and imports substantially lower (+6%; prior: +15...
The King dollar made a remarkable return on Friday after the US and China have signalled their intention to sit at the negotiation table. The New Zealand dollar performed the worst among the G10 complex as it fell 0.60% to $0.6740. The drop of June Manufacturing PMI – down to 52.8 from 54...
6099 is our pivot (invalidation) point. Our preference The upside prevails as Long as 6099 is support. Alternative scenario Below 6099, expect 5919 and 5812...
Pivot (invalidation): 1243.50 Our preference Long positions above 1243.50 with targets at 1249.00 & 1251.00 in extension. Alternative scenario Below 1243.50 look for further downside with 1241.00 & 1239.00 as targets...
Pivot (invalidation): 1.0000 Our preference Long positions above 1.0000 with targets at 1.0030 & 1.0060 in extension. Alternative scenario Below 1.0000 look for further downside with 0.9970 & 0.9940 as targets...
Pivot (invalidation): 112.35 Our preference Long positions above 112.35 with targets at 113.00 & 113.35 in extension. Alternative scenario Below 112.35 look for further downside with 112.00 & 111.65 as targets...
Pivot (invalidation): 1.3225 Our preference Short positions below 1.3225 with targets at 1.3150 & 1.3120 in extension. Alternative scenario Above 1.3225 look for further upside with 1.3255 & 1.3285 as targets...
Pivot (invalidation): 1.1695 Our preference Short positions below 1.1695 with targets at 1.1650 & 1.1625 in extension. Alternative scenario Above 1.1695 look for further upside with 1.1725 & 1.1760 as targets...
EURUSD: The pair looks to extend its weakness after selling off on Wednesday. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1...
