In this article I will provide my view on the NZD/USD, AUD/CHF and the GBP/CAD. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish EURUSD dropped by 280 pips last week, going below the resistance lines at 1.0950 and 1.0900 - both of which were adamant obstacles to bearish interests...
Greece Bank will reopen for basic service on Monday, three weeks after they were closed to prevent their collapse, as Prime Minister Alexis Tsipras prepares to appeal on a second parliamentary vote is important to secure the bailout...
Focus of the day: "USD: Focus Returns to Fed. Bullish. With risks from Greece and China diminishing, we believe that the market will once more focus on Fed rate hikes. In Yellen’s latest comments, she reiterated that the central bank remains data-dependent and flexible...
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The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my review on the FxTaTrader strategy...
Gold dropped to multi-month lows after the release of fresh data from the U.S. Department of Labor, and as Fed's Yellen reiterated the central bank was on track to raising rates. However, some analysts see gold's plunge as an excellent buying opportunity, and Kitco News interviews one of them...
Humans in general grow up being taught by their environment of the importance of always being right. Those who are right are envied as the winners in society and those who are wrong are cast aside as losers...
China’s biggest state-owned banks have managed to put together an aid package worth $209 billion for the country’s margin finance agency, Chinese brokers have received a substantial lifeline to help temper a market free-fall that has roiled Chinese stock markets over the past month, according to...
Firstly, a few words about the previous week’s forecast, the accuracy of which was heavily influenced by statistical reports and by speeches of high-ranking officials: - With regards to the EUR/USD pair, we had identified 1...
Greece had a tough time making it into the euro in the first place. The country failed to qualify for the single currency in 1998 before being granted admission in 2001. And there were people who predicted it will be a further failure, ahead of their time. Here they are...
One of the most common mistakes is sticking in a trade where you know your forex trading strategy is correct, but the market continues to move against you. Famous economist John Maynard Keynes once said: “The markets can remain irrational longer than you can remain solvent”...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price crossed 60.00 psychological level on close W1 bar for the bearish to be continuing with 55...
DIFFICULT YEARS: a man riding a motorcycle in front of an electricity site development in the central business district of Beijing, China, recently. This year to be difficult years for the country's second-largest economy in the world...
Greece was declared bankrupt on June 30, 2015 because it couldn't pay his debts amounted to 1.54 billion euros, or approximately Rp 10 trillion to the International Monetary Fund (IMF). The land of the gods has long life dependent on debt...
Greece needs help debt is much larger than expected that would like to be considered by the European creditors, including the magnitude of the pieces nilai debt Greece, says the International Monetary Fund (IMF) in his latest analysis...
Current trend In our previous forecast, we correctly indicated the uptrend. Since the end of last week, the GBP strengthened significantly against the JPY amid the falling demand for the Japanese currency. At key support levels, investors began to move money from the yen to risky assets...
