USDCHF: The pair closed lower after losing upside momentum the past week. This development leaves the pair targeting further weakness in the new week. On the downside, support lies at the 0.9850 level. A turn below here will open the door for more weakness towards the 0.9800 level and then the 0...
The pound sterling's recovery remains intact with the currency managing to hold itself above crucial support levels against both the dollar and euro. The pound has enjoyed its best weekly performance against the euro since October 2015 having moved from a minimum at 1.2661 to close at 1.2934...
How to Trade Commodity Channel Index (CCI) in Forex Commodity Channel Index (CCI) is an oscillator introduced by Donald Lambert in 1980. Though its name refers to commodities, it can also be useful in equities and currency trading as well. CCI measures the statistical variation from the average...
This article is determined mainly for beginning traders because experienced traders know traps of backtesting process very well. But as I found, there is not very much information about it in the literature or web pages about trading...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 10th week of 2016. Click here to check the new parameters of EURUSD, USDJPY and XAUUSD...
First, a few words about the forecast for the previous week: ■ if we talk about the forecast for EUR/USD, it can be considered fully true. As expected, implementing the month scenario, the pair first tried to break the support of 1...
Trade The Markets with A Profitable Trading System : PIVBOLL PIVBOLL is the specific Strategy. Most traders have an extremely hard time trading with the trend...
While EUR has sold off of late, the single currency barely featured in recent discussions with clients about the market impact of the March ECB meeting...
1. MMi-Clock_v10.ex4 2. MMi-Clock_v01.ex5 Displays Time left to complete Candle-bar + (Spread/Pips) Updated version of my previous post on Clock. Allows to choose - Font, FontSize, Color, Position of clock-Moving/Fixed at one of the four corners...
• Gold's bullish momentum keeps going after breaking above declining channel. Hourly resistance is given at 1308 (21/03/2015 high). Hourly supports lies at 1253 (24/02/2016 low). • In the long-term, the technical structure suggests that there is a growing upside momentum...
UPDATE: AUDUSD - TARGET HIT! Target hit: Mar-04-2016 --------------------------------- Post last FEB; 20,2016...
WTI Crude Oil Price Forecast: Payrolls Push Oil & Risk Higher Talking Points: Crude Oil Technical Strategy: Oil Too Strong To Fight Intermarket Analysis Turns Focus of Price Support Of a Weak US Dollar Crude Oil Rises for Third Week After Report Shows Jobs Gain...
...We anticipate that: The ECB will revise downward the 2016 inflation forecast to -0.1% from 1.0% and the 2017 forecast from 1.6% to 1...
"EURGBP almost reached our 0.80 target, suggesting there was a need for a turnaround. The pair has now broken through the bottom end of the recent trend channel so we now focus on potential retracement targets.0.7567 is the 38.2% retracement level and also the bottom end of a consolidation area...
In our view, the mix of strong jobs growth, modest wage inflation and rising labour force participation is perfect for risk markets...
The GBPUSD ended last weeks trading at the lows for the week and at the lowest level since March of 2009. On Monday that low was extended from 1.3852 to 1.3840 and then 1.3835, but when the momentum could not be sustained, the pair rallied higher to the 100 hour MA (blue line in the chart above...
Pivot Points-Hourly Last Updated: Mar 4, 10:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.09712 1.09827 1.0988 1.09942 1.09995 1.10057 1.10172 USD/JPY 113.438 113.77 113.977 114.102 114.309 114.434 114.766 GBP/USD 1.41679 1.41901 1.42026 1.42123 1.42248 1.42345 1.42567 USD/CHF 0.99173 0...
The Bank of Canada (BoC) held rates at 0.50% in January, despite expectations for an ease, preferring to see the details and impact of the coming fiscal stimulus before acting...
