All Blogs
Dear readers, at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs, searching for the most profitable conditions to place a trade...
CRUDE OIL: With the commodity taking back most of Friday losses on Monday and following through higher on Tuesday, a follow through higher is envisaged in the days ahead. On the downside, support resides at the 46.50 level where a break will expose the 46.00 level...
Hello, For a few months I am a user of MQL virtual hosting; At the beginning, I had only one EA to run, installed on an MT4 platform...
Judging from the bullish rush in the Euro the global reflation trade is back on. Investors are piling into risky asset to capture real returns, driving inflows into equities (relative growth over value) and EM...
Over the last four weeks the Brazilian real rallied more than 7% against the greenback amid easing political uncertainties. USD/BRL fell from 3.3485 to 3.1111 before stabilising at around 3.1450...
"Core inflation is still slow and has not yet shown convincing signs of acceleration. Price pressure and wage growth are still restrained, "European Central Bank board member Yves Mersch said today in Singapore. The rate of price growth in the Eurozone last month slowed to 1...
EUR/USD Euro has firmly established in the middle of the range 1.16-17. The currency is in no hurry to move from the two-year highs. The US currency is still under the pressure across the market, it means that EUR/USD has a chance to test the upper limit of the mentioned range in the near future...
The shared currency kept the negative tone through early NA session on Monday, with the EUR/USD pair retreating from fresh 2-year tops near 1.1685 level. Currently hovering around mid-1...
USDJPY: The pair continues to hold on to its downside pressure closing lower the past week. On the downside, support comes in at the 110.50 level where a break if seen will aim at the 110.00 level. A cut through here will turn focus to the 109.50 level and possibly lower towards the 109.00 level...
The US real estate market keeps on growing very significantly. One key indicator of the US economy, existing homes sales keep increasing and are now at 2007 level. Today will be released June data and should remain around May levels at all time high...
The Japanese has been rally strongly over the last two weeks as investors continued to discount the Fed’s hawkish stance. USD/JPY broke the 111 support (psychological level and Fibonacci 61.8% on June-July rally) to the downside...
Consolidating around 2700. (By Yann Quelenn ) • Bitcoin has surged strongly last week. Hourly resistance can be found at 3000 (12/06/2017 high) and hourly support is given at 2615...
Renewed bearish pressures. (By Yann Quelenn ) • Crude oil is trading lower. Hourly support is given at 43.65 (10/07/2017 low). Strong resistance given at 48.42 (05/06/2017). Expected...
Bullish. (By Yann Quelenn ) • Silver is pushing higher after the bounce still bouncing from hourly support given at 15.18 (10/07/2017 low). Key resistance is given at a...
Bullish momentum continues. (By Yann Quelenn ) • Gold's is trading higher after the precious metal reached the support given at 1204 10/07/2017 high). Hourly resistance lies at 1258...
Pushing higher. (By Yann Quelenn ) • EUR/CHF is still trading above psychological level at 1.1000 and the pair is ready to monitor 1.1100. Selling pressures are growing below...
Stalling below 0.9000. (By Yann Quelenn ) • EUR/GBP is very volatile. The pair has surged toward 0.9000. Hourly resistance is given at a distance at 0.8742 (16/07/2017 low). Downside...
