USDCHF: The pair closed higher the past week leaving risk of more strength on the cards. However, with pullback seen on Friday (see daily chart), further downside pressure is likely in the new week. On the downside, support lies at the 0.9850 level...
GPBUSD is currently touching some good support @1.43999 and will most likely head back down to 1.43187 before continuing an upward trend to 1.44541. *** Price moved to 1.42614 on Market Open blasting past my Take target and now working its way back up for a correction.***...
EURUSD on the daily chart, is forming a very clear 1-2-3-4-5 elliot waves structure . Fifth wave target will be at the strong previous resistance of 1.6100 Estimation of period is about 1-2 weeks for it to reach the 1.6100 zone. So EURUSD is BULLISH for the next 10-15 days...
As we know oscillators used for trading range or sideways. but i will display below few chart which show us how we can detect trend from only looking for the RSI chart only or stochastic oscillator. This chart is the stochastic oscillator (8,3,3) for EURUSD...
According to recently released article from Bloomberg: ,,The Rich Are Already Using Robo-Advisers, and That Scares Banks", assets under management in automated programs gradually grow. They should also small investors seek automated solutions for their investments...
Check the new parameters of EURUSD, XAUUSD and USDJPY for COSMOS4U AdMACD Indicator Check COSMOS4U AdMACD MT4 and COSMOS4U AdMACD MT5...
The Canadian dollar has advanced against the US dollar for three days in a row now as a strong finish to the North American trading session saw the CAD find favour once more...
First, a few words about the forecast for the previous week: ■ if we talk about the forecast for EUR/USD, those 35% of analysts and graphical analysis on H1 and H4, who predicted the pair fall in the last five days, turned out to be right...
Risk sentiment improved this week, irrespective of weaker Chinese trade data keeping fears over the need of a further CNY depreciation intact...
Unless Cameron heard what he wanted to hear, as we detailed earlier, he would not have campaigned for the UK to remain in the bloc ahead of an expected referendum on membership in June.... which would likely have rocked the EU once again...
1. How Durable Is Manufacturing? The manufacturing sector has been buffeted by global forces. New orders for durable goods–products like trucks and turbines designed to last at least three years–fell 5% in December and were down four of the past five months...
AUDUSD - another PinBar formed The AUDUSD rejecting lower so far last week and for another pinbar formed, We retain a bullish on this pair and our possible target at key resistance level 0.73600. Goodluck and Happy Trading...
Great opportunity here to long Euro0.19% -Bull trend -Really strong level of support here at the 0.5 fib retracement -This area is also a previous support level on a number occasions if you look left -Stops just below the 0.618 retracement...
Has oil again called the direction on market sentiment...
The euro has performed very well since the turn of the year, benefiting greatly from a risk averse market that has sparked an unwinding of the carry trade that we often see in a “risk on” environment. The single currency has performed very well against the US dollar, rallying as high as 1...
Taking good trading ideas and making them great systems is the path to success Trading Ideas don't have to be new and unique in order to make you a lot of money. They just have to be better...
The UK's attempts to reach a deal with partners in the EU on how to reform its role inside the regional bloc were dragging into the afternoon on Friday, with key differences remaining on the areas of restricting welfare benefits and regulating the financial sector in London...
