Mathematics is an essential tool in many fields, and it should be used extensively in trading as well. By using mathematics you will reduce emotion and uncertainty, two of the biggest hurdles a trader faces...
Chart http://bi0l.blogspot.com/2016/02/brent-intraday-forecast-technical-side.html Calculated daily levels: Support (S1 / S2 / S3 = 30,54 / 29,74,32 / 28,53), resistance (R1 / R2 / R3 = 33,03 / 80 / 35.05). Key resistance levels (1st from 34.10 to 32.56 at the end of the day, the 2nd of 34...
Bill Evans, Chief Economist at Westpac, notes that the Westpac Melbourne Institute Index of Consumer Sentiment rose by 4.2% in February to 101.3 from 97.3 in January. Key Quotes “The Index has now recovered all the ground it lost in January when it fell by 3.5...
Brian Martin, Head of Global Economics at ANZ, suggests that the EUR/USD has succumbed to extended market volatility and spiked higher and as long as risk assets remain under pressure, this may continue...
Yellen’s monetary policy testimony will be released today 3:00pm GMT. Any comments regarding monetary policy from Yellen have the capacity to move the USD...
This week, #JanetYellen will testify twice, reporting on the semiannual monetary policy to special committees of House and Senate. Why he comments are so important? Everyone wants to know whether to expect 4 #Fed rate hikes in 2016. Find out more by checking out the Source Link...
USD has been losing ground all week, yesterday was no different and EUR has been well supported as risk aversion took a grip on market EUR/emerging markets and all EUR related carry trades kept getting pushed higher...
Markets Look to Yellen as S&P 500 Tries to Hold, Euro and Yen Rally Talking Points: • The S&P 500 is slipping at major support while both the Yen and Euro as funding currencies rally • USDJPY has extended its 'neckline' break as the Euro strong-arms EURUSD on carry unwind • Top event risk...
USDCHF Daily Forecast: February 10 USDCHF Forecast The USDCHF continued its bearish momentum yesterday bottomed at 0.9694. The bias remains bearish in nearest term testing 0.9600 – 0.9570 area. Immediate resistance is seen around 0.9790...
USDJPY Daily Forecast: February 10 USDJPY Forecast The USDJPY attempted to push lower yesterday bottomed at 114.20 but closed higher at 115.10. The bias is neutral in nearest term. Overall I remain bearish targeting 112...
GBPUSD Daily Forecast: February 10 GBPUSD Forecast The GBPUSD was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 1.4350 support area. Immediate resistance is seen around 1.4540...
EURUSD Daily Forecast: February 10 EURUSD Forecast The EURUSD continued its bullish momentum yesterday topped at 1.1337. The bias remains bullish in nearest term testing 1.1400 before targeting 1.1500 region. Immediate support is seen around 1.1260 followed by 1.1200...
The difference between RobotFX OCO News and other one cancels other experts is that RobotFX can place multiple pending orders at a distance of your choice from each other...
We organized a roundtable discussion with our economists and strategists to discuss a “lower for much longer” oil price scenario driven by a continued positive supply shock...
The following are the latest technical setups for USD/JPY, GBP/USD, EUR/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. USD/JPY: Our overall bearish view was encouraged by the break below 115.55...
On a more mundane note, the 10-year Treasury/Bund spread is in danger of slipping back below 150bp for the first time since last October, which it was pushed lower by Mario Draghi’s promise of further easing., the euro was above 1...
COSMOS4U MACD Indicator under 33, 124, 7 parameters given from COSMOS4U technical analysis research department, generated a sell signal for XAUUSD spot price in H1 timeframe (09 FEB 2016 03:00 PM UTC...
COSMOS4U MACD Indicator under 33, 124, 7 parameters given from COSMOS4U technical analysis research department, generated a buy signal for XAUUSD spot price in H1 timeframe (09 FEB 2016 02:00 PM UTC...
