September 24th 2014. Scalped EURUSD and XAUUSD overnight, quite profitable…..again. NZDUSD – So it may be a false dawn but I’m interested in the fact that Kiwi closed off the lows yesterday and is slightly higher this morning...
USDJPY USD/JPY reached new multi-year extremes late last week before stalling near a key long-term trendline connecting the 2002 & 2007 peaks around 109.50 Our near-term trend bias remains higher in USD/JPY while above 107.40 A close over 109...
Been posting quite a few conservative trades so let's go on the offensive now. This is a longer term trade and much more aggressive. Keep in mind that it will bare higher risks of course. We are looking at a due range for the EURJPY...
D1 price is on bearish for breaking 0.8921 support level for the bearish to be continuing. H4 price is on bearish breaking 0.8865 support level. W1 price is on bearish breakdown on close bar: the price is breaking 0.8921 key support level. If D1 price will break 0...
EUR/USD “Long term, a failed breakout and top would keep with the pattern of 3 year cycle tops. The break of 1.3476 completed a topping process with targets of 1.3294 (origin of diagonal), 1.3209 (2 equal legs), and 1.3012 (head and shoulders target).” EURUSD crashed through all the objectives...
The most important data in the week ahead comes from the eurozone. The flash PMI reading is interesting in its own right. In August, it stood at 52.5, the low for the year. However, to keep it in perspective, the multi-year high was set in April at 54.0...
Dollar Bull Run Longest on Record after Fed Updates Rate Outlook As lackluster as the volatility and sentiment reaction was to last week’s FOMC decision, the event sustained the Dollar’s incredible run. Now on a 10-week bullish binge, this is the most enduring greenback run on record...
G20 Meetings, Mario Draghi’s speech, German Ifo Business Climate, US New Home Sales, US Durable Goods Orders, US Unemployment Claims are the main highlights this week. Here is an outlook on the major events coming our way...
And Scotland voted to remain part of the United Kingdom, and Treasury yields are near lows, and gold and silver prices are getting bludgeoned in the paper market. While U.S. financial prognosticators are raving over Alibaba and the IPO, the price action in precious metals and in the broader U.S...
Fibonacci numbers (blue vertical lines) and ratios (purple) applied on time. Rally always started after 0.618 fibonacci time. Read more on Predictive failure analysis...
This summary was created by Alain Verleyen For traders New Video : How to delete Calendar Events from charts ? New Video : How to disable Calendar Events from charts ? New Video : How to export Calendar Events...
Will the stock you buy go up? Will the corporate bond you own keep making its payments? Will you outlive your retirement savings? Those are the questions we try not to ask ourselves, but they are still irritatingly coming up to our minds. Daily Finance suggests ways to overcome the uncertainty...
EURUSD turned up from around 1.2850 recently where we called end of a five wave decline in wave 3, so current rally should be corrective. We know that corrections are slow and choppy which is clearly the case from the lows and back to former wave four...
Lots of action so far and now markets are at a standstill. Not a complete standstill, but not much movement is going on between major announcements. However, based on the current price action set up, it looks like EURUSD is preparing for another round of selling...
The Organization for Economic Cooperation and Development (OECD) has cut its economic growth forecasts for large developed economies, including U.S...
D1 price is on primary bullish for trying to break 1.1097 resistance for the bullish to be continuing. H4 price is on falt within primary bullish ranging with the channel between 1.1098 resistance and 1.1030 support level. W1 price is on primary bullish for trying to break 1...
