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In the Currency Strength table the NZD was the strongest currency while the EUR was the weakest. All the currencies are more or less at the same level as last week. The CAD remains strong for the last 2 weeks with a score of 7...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: USD(5X) followed by the CAD(2X) with the GBP(2X). The weaker currencies are the JPY(4X) followed by the EUR(3X). A nice combination for coming week may be e...
On 19 Dec 2016 02:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for GBPJPY currency pair at 146.845 under 10, 33, 4. The position closed on 19 Dec 2016 08:00 PM UTC at 145.405 and the profit was 0.98%. AdMACD parameters for GBPJPY on close were 10, 33, 4...
Hey traders! Here is my last week progress: XABCD tool: Fixed stop hit detection My last week was still bussy with work related stuff and I am not sure about this one either, because it's holiday time :) Anyway I'm intending to do some work. Read more here...
FX Calendar Thins Out Before Christmas, but Several Key Data Remain Talking Points: - BOJ meets, unlikely to change policy; in fact, BOJ will be happy with recent developments. - Inflation and growth data from Canadian important as BOC takes on dovish tone in recent weeks...
5 Bar Reversal Pattern Trading Strategy is a must have tool that you must have in your trading arsenal. Why? When you see 5 bullish bars in a row or 5 bearish bars in a row, take it as a reversal signal...
The year 2016 is approaching its end, and it seems a proper moment to sum up all events and achievements, success and failures of the past 12 months...
Dollar Bruised, but not Battered Just Yet The dollar and sovereign yields fell overnight while Asian shares printed a new monthly low as the market cashed in some of their recent bets on Trumponomics and the ‘reflation’ trade. This will be a light week on many fronts – liquidity and fundamentally...
I rely on candlestick patterns a lot in my trading. I watch the candlestick patterns on H4 timeframe. When I find the pattern I am looking for I plan a trade. I use the concept of support and resistance also in my trading system. Once I have a trade idea, I use a pending order to implement it...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, December 19th The EUR/USD continues to build recovery at the start of the week from its 14-year lows marked last at 1.0366 spot. Currently the main currency pair is trading above the mid-point of 1...
DAX Challenging Key Level What’s inside: DAX pushes higher 9 out of 11 days, no pullback, could change now that at key resistance Market at risk of a correction here, but not expected to be a sharp decline Long and short considerations...
BOJ weighing next action after Fed rate hike The USD is higher across the board after the Fed finally announced its much awaited rate hike...
On 14 Dec 2016 08:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for NZDUSD currency pair at 0.71345 under 10, 230, 14. The position closed on 19 Dec 2016 05:00 AM UTC at 0.69795 and the profit was 2.17%. AdMACD parameters for NZDUSD on close were 8, 224, 16...
On 13 Dec 2016 01:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for USDCAD currency pair at 1.31245 under 38, 77, 37. The position closed on 19 Dec 2016 03:00 AM UTC at 1.33366 and the profit was 1.62%. AdMACD parameters for USDCAD on close were 38, 79, 36...
GOLD: The commodity continues to hold on to its downside pressure as it looks to weaken further in the new week. On the downside, support comes in at the 1,120.00 level where a break will turn attention to the 1,110.00 level...
Pivot Points Weekly Last Updated: Dec 18, 2:00 pm -08:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 0.98875 1.01912 1.03208 1.04949 1.06245 1.07986 1.11023 USD/JPY 109.239 113.165 115.53 117.091 119.456 121.017 124.943 GBP/USD 1.18233 1.21755 1.23284 1.25277 1.26806 1.28799 1.32321 USD/CHF 0.97089 0...
Pivot Points Daily Last Updated: Dec 18, 2:00 pm -08:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.0294 1.03675 1.04089 1.0441 1.04824 1.05145 1.0588 USD/JPY 116.012 116.968 117.431 117.924 118.387 118.88 119.836 GBP/USD 1.22023 1.23298 1.24055 1.24573 1.2533 1.25848 1.27123 USD/CHF 1.01304 1.02008 1...
Pivot Points Hourly Last Updated: Dec 18, 2:00 pm -08:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.04096 1.04234 1.04323 1.04372 1.04461 1.0451 1.04648 USD/JPY 117.692 117.814 117.862 117.936 117.984 118.058 118.18 GBP/USD 1.24533 1.24651 1.24728 1.24769 1.24846 1.24887 1.25005 USD/CHF 1.02513 1...
98.4% That USDCHF will Close This Week with a Weekly Bearish Candle! . On weekly graph it seem that USDCHF main trend is bearish. The last weekly candle arrangement show a straight movement against the main trend, which increase the probability that USDCHF will reverse soon to its main trend...
