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Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, August 29th The EUR/USD pair broke through its psychological resistance level of 1.20 in European morning, extending its multiyear highs. Currently the main currency pair is trading in the region of 1...
USD/JPY The pair has real chances to fall below the key level of 108.00 in light of geopolitical tensions related to North Korea and political uncertainty in the US. Today USD/JPY fell to the 108.34. It is the minimum since April 18, 2017. This is just above the annual minimum at the level of 108...
Forex Scorpio Code - a Quick Introduction Forex Scorpio Code Forex Scorpio Code really is not difficult to learn. It may be a real physical product that gets delivered to your address (DVDs, manualsetc). Overall, it is not a one-day product. It could solve your financial problems...
GBPUSD: The pair remains biased to the upside as it faces recovery higher threats. Support lies at the 1.2900 level where a break will turn attention to the 1.2850 level. Further down, support lies at the 1.2800 level. Below here will set the stage for more weakness towards the 1.2750 level...
Breaking News EA is a state-of-the-art News trading system The EA analyzes the market during the most critical News announcement period and determines the entry levels based on the finding of price fluctuations during that periods...
The New Zealand dollar remains in the medium-term downtrend, each new low on the Daily timeframe is lower than the previous one. The nearest mid-term selling opportunity will appear after the correction is completed...
Gold and silver markets remain in triangles. Before the fact of the nearest support or resistance levels breakout, new medium-term positions look unattractive...
The British pound remains in the mid-term downtrend, a correction on the Daily timeframe is coming to an end. A pullback buying opportunity will appear in case of bearish candle closing below the resistance level, the highs of August 17-22...
// return last closed ticket (returns -1 if not found) int LastClosedTicket() { datetime last_closed = 0; // close time of last closed order int last_ticket = -1; // ticket number of last closed order // loop on all orders in history pool and filter for (int i=0; i<OrdersHistoryTotal(); i++) {...
Euro remains in an upward trend, another resistance level was broken on the Daily timeframe on Friday and a breakout signal was formed. New positions from current prices are of little interest, since risk-reward ratio leaves much to be desired...
The Eurodollar pair has spiked in Friday above 1.1950 on Draghi’s comments, its highest level since January 2015. He mentioned that he is confident about the global recovery which he considers that is improving...
Despite failing to extend gains beyond the 1.15 threshold, EUR/CHF was able to consolidate gains. The pair has been trading between 1.1259 and 1.1538 for the past four weeks. However, the single currency has completed its catch-up rally against the Swiss franc...
Short-term bearish. (By Yann Quelenn) • Crude oil is trading lower. Hourly support is given at 46.46 (17/08/2017 high). Strong resistance can be found at 50.41 (31/07/2017...
Range bound. (By Yann Quelenn) • Silver's bullish pressures remain despite ongoing consolidation. Hourly resistance is given at 17.32 (18/08/2017 high) while support can be...
Monitoring resistance at 1300. (By Yann Quelenn) • Gold is consolidating within an symmetrical triangle. Hourly support is given at 1251 (08/08/2017 low). Stronger support lies at 1204...
Consolidation around 1.14. (By Yann Quelenn) • EUR/CHF recovery bounce has stalled below downtrend resistance located at 1.1407. Hourly support is located at 1.1260 (04/08/2017 low...
Buying pressures continue. (By Yann Quelenn) • EUR/GBP's buying pressures continues. Hourly resistance lies at 0.9415 (10/07/2017 high). Hourly support is given at 0.9189 (24/08/2017 low...
Heading higher. (By Yann Quelenn) • AUD/USD has broken downtrend channel. Hourly support can be found at 0.7786 (18/07/2017 low). Hourly resistance is given at...
Selling pressure continue. (By Yann Quelenn) • USD/CAD selling continues. Hourly support is given at a distance at 1.2414 (27/07/2017 low) while resistance is now given at a distance at...
