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CRUDE OIL: The commodity turned higher off its intra day low on Thursday leaving risk of more strength on the cards. On the downside, support resides at the 64.50 level where a break will expose the 64.00 level. A cut through here will set the stage for a run at the 63.50 level...
Today there is a low activity of traders. The volume of trading on the forex market even more fell with the beginning of the European session. In Catholic countries today is a day off (Good Friday...
The mqh library for MQL5 includes two functions for obtaining error information. string ErrorDescription(int code) : the function returns the description of error code. string ErrorConstant(int code) : the function returns the string of the enum constant...
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South Africa’s central bank confirmed its dovish policy on Wednesday, lowering its interest rate on repos by 25 basis points to 6.50%, its lowest since January 2016. February’s consumer price index shows that inflation is under control at 4% annualised (January: 4...
The USD is in a bear market. Japan’s yen has defied fates by not caving into interest rate differentials, which would have sent USD/JPY significantly higher than its current 106...
"Economic prospects have strengthened in recent months", Fed Chairman Jerome Powell said last week...
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EURUSD: The pair saw a follow through lower on the back of its Tuesday correction on Wednesday. On the upside, resistance comes in at 1.2400 level with a cut through here opening the door for more upside towards the 1.2450 level. Further up, resistance lies at the 1...
The European Central Bank says the Eurozone economy is healthy. Lending to non-financial corporations and households increased by 3% in February, a slight decrease from 3.30% in January and slightly higher than December’s 2.90...
Today’s announcement that January US Pending Home Sales fell 4.7% points to an economic slowdown. It is triggered by the US Federal Reserve’s money-tightening strategy that is finally taking hold, but also by winter weather...
According to the American Petroleum Institute (API) data, which was published Tuesday night, US oil inventories rose 5.3 million barrels last week. The reserves of gasoline decreased by 5.8 million barrels, and the reserves of distillates decreased by 2.2 million barrels...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, March 28th The EUR/USD pair continues to move in the south direction, mainly driven by the US dollar dynamics...
FURAX est un modèle propriétaire de day-trading en alpha. Instruments financiers: EurUsd & GbpUsd. Protection: Stop Loss fixe à Maximum 15 pips...
USDJPY: The pair extended its recovery on Tuesday opening the door for more strength to occur. On the downside, support lies at the 105.00 level where a break if seen will aim at the 104.50 level. A cut through here will turn focus to the 104.00 level and possibly lower towards the 103.50 level...
As you know, last Thursday, US President Donald Trump announced a number of measures aimed at reducing the US trade deficit with China by $ 100 billion from the current record level. "Our trade deficit with China, according to various estimates, ranges from $ 375 billion to $ 504 billion...
Technical Traders disregard fundamental analysis. According to them price reflects all available information. We should only look at the charts and make decision accordingly. After watching your patterns fail repeatedly you will start thinking what's wrong...
