In every time frame the yellow MA is locked above black MA and the eurusd price seems to be well set to reach the price level of 1.17, if not this week, at least by next week...
As mentioned in my previous posts, even now, it appears that the gold price has taken support around 1113 level and with a double bottom with yesterday's low, it appears that the gold price is well positioned to move towards 1170...
Current trend The NZD remains volatile, trading not far from where it was at the start of the week. On Thursday, the USD gained back some of its losses Yesterday, New Zealand released Business PMI for July (54.5 points from 55.1 earlier). Food Price Index grew from 0.5% to 0...
EURJPY: Remains On The Offensive With Eyes On 140.00 Level EURJPY: The cross remains biased to the upside with eyes on its key resistance at the 140.00 level. This is coming on the back of recent bullish offensive following its corrective recovery triggered off the 133.29 level...
Bank of America Merrill Lynch is dispalling the doubts about the ability of the USD to rally further and about the EURUSD to resume the bearish market condition...
#Trading in #Asian and #US #stock #markets is multidirectional today, while #commodities are declining. In #Forex #dollar remains slightly supported because of yesterday's data on unemployment claims. Find out more by checking out the Source Link...
Nomura Holdings, Inc. (Japanese financial holding company) made some analysis and created some interesting conclusion: China can control the forex market and to move it where it wants...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, August 14th EUR/USD is trading flat ahead of emergency bailout session in Greek Parliament. Currently the pair is at 1.1141 after reaching the highs of 1.1213 on Wednesday...
M5 price is located between SMA with period 100 (100-SMA) and SMA with the period 200 (200-SMA) waiting for the direction for the possible breakout or breakdown of the key reversal support/resistance levels: 1.1161 and 1.1137...
JP Morgan publish the next technical analysis for EURUSD, and for now - about the key levels for the bullish trend to be continuing in intra-day and day trading: "For the bulls to really gain more traction and in order to free the way for a much broader recovery towards 1.1699 and 1.1811 (int. 38...
Today important data will be released in the #Eurozone, the #USA and #Canada. The main economies of the Eurozone will publish data on GDP and inflation and later the USA will report on PPI and consumer sentiment. Discover more by checking out the Source Link...
The eurusd price has reached close to the high of the previous month and facing strong resistance. Will this be a double top and reversal instead of continuing to go up? Today's price movement will decide that. Still believe that the price will continue to go up to 1.33...
Looks like my theory about the gold price going to 1500 is being tested. As of now, i see the price going below yesterday's low as a double bottom for reversal rather than as a start of a down trend in D1...
EURGBP- Despite the cross’s price hesitation on Thursday, it continues to maintain its corrective recovery outlook triggered off the 0.6950 low on August 05 2015. On the upside, resistance lies at the 0.7200 level where a violation if seen will turn risk towards the 0.7250 level...
If you are currently copying my Blackwave Australia signal it is with deep regret that I must shut down this signal on MQL5 as it does not appear to be possible for me to withdraw the subscription fees and there would appear to be no support desk to help me...
If you are currently copying my Blackwave Australia signal it is with deep regret that I must shut down this signal on MQL5 as it does not appear to be possible for me to withdraw the subscription fees and there would appear to be no support desk to help me...
Bargain must at present be affirmed by the other eurozone part states at a meeing of fund pastors in Brussels on Friday evening Greece's parliament is meeting in crisis session on Thursday to sanction another bailout bargain, yet it is hazy whether the multibillion-euro assention had the imperati...
Parliament to reconvene for crisis session to endorse bailout content in the midst of vulnerability about whether €85bn arrangement has support of all EU part states...
Daily price is on totally ranging market condition with between the primary bearish and the primary bullish area of the chart...
