Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my review on the FxTaTrader strategy...
EURUSD just reached the top of a long term descending channel, it could continue lower to reach the bottom of the channel. We could reach parity. Best Regards, Kellion...
Here’s How to Make Millions as an Art Forger (Bloomberg) Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin (NYT) Can Algorithms Form Price-Fixing Cartels? (New Yorker) Silicon Valley Is a Big Fat Lie, veering toward fall-of-Rome territory...
As usual, let us start with a few words regarding our forecast for last week. We had then regarded with suspicion the analysts’ opinions, who unanimously predicted growth for all four pairs. “This does not happen!” we exclaimed and turned out to be right...
| WRITTEN BY ANAT DROR | The US dollar made a comeback and the greenback was a big loser in a week that saw trends change. And now, US Durable Goods Orders, Consumer Confidence as well as UK, Canadian and US GDP data stand out. These are the highlight events in FOREX CALENDAR...
The enormous tensions that developed in the last hours against Greece, inflation decreased in the United Kingdom, as well as that of the United States on Friday led to a strengthening of the dollar in the last three sessions of the previous week...
Do you remember early 2014 when every Wall Street analyst and economist said that T-bonds would be the worst investment for the year and people should sell them? As it turned out, for the 13 months ending January 31, 2015 T-bonds had the best performance of almost any investment sector...
Seven Lies Investors Tell Themselves (Total Return) Still Waiting For a New High in Breadth (Bespoke) Meet Generation Subprime (USN&WR) Mark Zuckerberg Just Wants a Little Privacy. $100 million and 750 Acres of It. (Slate) see also Top CEOs Make 373 Times the Average U.S...
Regular Divergence: Higher highs in price and lower highs in the oscillator which indicate a trend reversal from up to down. Lower lows in price and higher lows in the oscillator which indicate a trend reversal from down to up...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Greece talks come back into focus. Analysts consider 'Grexit' to be necessary. But does it have to be permanent...
2015-05-22 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Consumer Price Index] past data is 0.2% forecast data is 0.1% actual data is 0.1% according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
Famous hedge-fund manager Jim Chanos of Kynikos Associates suggests that China could be the next Greece, and in the next few years its debt woes may even exceed the European country’s, MarketWatch reports. His full interview will be broadcasted on Sunday on Wall Street Week...
• Dollar torgovalcya different directions against colleagues G10 during the European session on Friday. He surpassed AUD, NZD, CAD and GBP, in that order, while it was lower compared with the SEK, CHF, EUR and the NOC. The dollar is trading almost unchanged against the yen...
Factor models are well-known among long-term investors who favor stock selection models. But there are some exotic factors from which shorter term traders can also benefit...
Daily economic digest from Forex...
2015-05-22 07:00 GMT (or 09:00 MQ MT5 time) | [EUR - German GDP] past data is 0.3% forecast data is 0.3% actual data is 0.3% according to the latest press release if actual > forecast (or previous data) = good for currency (for EUR in our case...
Fund managers have reduced the level of investment in US stocks to a minimum volume for the last 7 years, as shown by the report data Bank of America Merrill Lynch. This marked the highest level of cash in the portfolios of Governors - the 10-month record...
Relative Strength Index (RSI) is most popular indicator. RSI is an oscillator which is oscillating between 0 and 100. The RSI is indicates the strength of trend: values above 50 indicate a bullish trend values below 50 indicate bearish Forex trend. The RSI measures momentum of currency...
Trading currency in the Forex market centers around the basic concepts: buying and selling. Let's say you want to buy the AUDUSD currency pair. If the AUD goes up in value relative to the USD and then you sell it, you will have made a profit...
• FOMC shows that the Fed is still on the way to tougher action, but not so soon. FOMC meeting in April did not contain any major surprises for the market...
