All Blogs
You must have Advanced Currency Strength28 and Pipfinite Volume Critical to run the Deviation EA. EA coder: Kashif Javed http://javedfxsolutions.wixsite.com/javedfxsolutions Deviation is defined as the distance between the base currency strength and the quote currency strength...
USDCHF: With the pair backing off higher prices to close lower the past week, more weakness is likely. On the downside, support lies at the 0.9450 level. A turn below here will open the door for more weakness towards the 0.9400 level and then the 0.9350 level...
First, a review of last week’s forecast: - EUR/USD has been in a sideways trend for the whole of March, with a slight predominance of bearish trends. This is exactly the kind of movement that was forecasted last week. Pressed by the bears, the pair tried to reach support at 1...
The newly exacerbated threat of the emergence of world trade wars provoked another decline in world stock markets. So, the US DJIA index lost 2.9% on Thursday, which was its worst one-day percentage drop since February 8, the S&P500 fell 2...
Relationship between the two largest economies does not bode well. The Trump administration memorandum released on Thursday to impose 25% tariffs on Chinese imports worth USD 60 billion is worrying investors. The first signs are already in place: Hong Kong Hang Seng sells off -2...
Markets are on a knife-edge. US President Trumps imposing new trade sanctions against China has meaningfully increased the probability of a trade war. China is unlikely to site idly buy this time around. While at the EU summit, which is expected to discuss the US steel and aluminum tariffs...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, March 23rd The EUR/USD pair has reverted yesterday’s correction from its weekly highs and is now trading back above the level of 1.2300...
GBPUSD: The pair turned lower on Thursday after failing to hold on to its intra day gain. It faces the risk of more weakness. Support lies at the 1.4050 level where a break will turn attention to the 1.4000 level. Further down, support lies at the 1.3950 level...
EURGBP- The pair backed off lower prices during Thursday trading session. This has opened the door for more recovery higher. Support lies at the 0.8700 level where a violation will turn focus to the 0.8650 level. A break will expose the 0.8600 level. Conversely, resistance resides at the 0...
Markets are once again bracing for US Trump trade policy “on the fly”. With Rex Tillerson out of the way, Larry Kudlow supporting punitive actions against China and Peter Novara and Wilder Ross steady daring Trump on just about anything could happen today...
As broadly expected the FOMC lifted the Feds fund rate targets by 25bps to 1.50% - 1.75%. Fed members adjusted their forecast so that they reflect their more optimistic view of the US economy. The press statement also underwent changes, all positive...
The decision of the Fed to increase the interest rate by 0.25%, and adhere to the previously planned plan for further tightening of monetary policy, was negatively welcomed by investors, which caused a decline in both the dollar and the major US stock indexes...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, March 22nd The EUR/USD pair follows broad market trend today, backed by retreat of the US dollar against its major rivals, while refreshing its weekly highs at 1.2388 spot...
Today, we will review the AOTI-EA, created as an assistant for the All-in-One Trade (AOTI) indicator. The EA-assistant is based on the Simplest Strategy of the Levels (SSL...
EURUSD Analyze.... By Close Upper 1.23068 we will see 1.242 By Close Lower 1.22590 we will see lower levels like 1.206/1.1717 This Analyzes Was Done By Shepherd Gann Squares By Using Square Of 144: https://www.mql5.com/en/market/product/15316...
Elected on Sunday 18 March with a majority of 76%, President Vladimir Vladimirovitch Poutine confirms his fourth and (supposedly) last mandate as President of the Russian Federation, giving a strong signal on international stage and confirming his popularity among the Russian public opinion...
According to the Federal Government’s Expert Group published, Switzerland is also expected to take advantage of the broad-based economic recovery. The SECO revised its growth forecast to the upside as it anticipates that the dynamic recovery will continue. The economy is expected to growth 2...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, March 21st The EUR/USD pair corrects higher this Wednesday after yesterday’s drawdown, triggered by bullish tone of the US dollar and disappointing German Zew surveys. Today it is all about the Fed meeting...
The second trading day, the main US indices are traded in a narrow range. Traders paused before the decision of the Fed on rates, which will be published today at 18:00 (GMT). Virtually all market participants believe that interest rates will be increased...
