W1 price is located below 200 period SMA and below 100 period SMA for primary bearish with secondary ranging between 61.8% Fibo support level at 1.0844 and Fibo resistance level at 1.1474: 32.2% Fibo resistance level at 1...
W1 price is located above 200 period SMA and 100 period SMA for the primary bullish with secondary ranging between 23.6% Fibo support level at 1.2126 and Fibo resistance level at 1.2834: 61.8% Fibo resistance level at 1...
This week gold will be ruled by uncertainty, as markets will have to digest disappointing U.S. nonfarm payrolls released Thursday, as well as Greece's referendum results which showed citizens rejected creditors' proposals...
Daily price is on ranging market condition: the price is located below and near 'reversal' Senkou Span A line which is the border between primary bullish and the primary bearish on the chart. The price is ranging between 1.1277 resistance level and 1...
Trading today's markets—including stocks, futures, or Forex - can be a challenging and difficult endeavor. But it is possible to achieve consistent success in this field, if you're prepared to learn a complete trading plan from entry to exit...
Tsipras Triumphs as Greece Votes Against Austerity Tsipras made a statement live on Greek TV as the result became clear...
An oscillator is a leading technical indicator which fluctuates above and below a center line and normally has upper and lower bands which indicate overbought and oversold conditions in the market (an exception to this would be the MACD which is an Oscillator as well...
EURUSD: Closes Higher With Caution EURUSD: Though EUR closed higher the past week, it gave back most of those gains suggesting a move lower may occur in the new week. Resistance is seen at the 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level...
In this article I will provide my view on the GBP/AUD, NZD/USD, GBP/CAD and the AUD/CHF. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
EURUSD: "The market has distanced a long-term overstretch and support at a lower trendline, both likely restricting the maneuverable area below in the short-term timeframe perspective. Should a recent 1.1468 high be taken out...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish Current events in the Eurozone will continue to shape the movement of EURUSD and other EUR pairs this week...
Greece referendum sounding like a ultimatum Exactly at the point in time when Europeans were eventually acknowledging that an agreement was within reach, the decision by Prime Minister Alexis Tspiras to organize a referendum on 5th of July was a surprise and dramatically increased the risks...
Greeks voting on their future in Europe Greeks are voting Sunday on their future in Europe, putting the eurozone to its biggest test yet...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Dollar trades lower after so-so June jobs report The dollar traded lower Thursday after the June jobs report revealed that the pace of employment growth has been lower than it was a year ago, even as the labor market has recovered from its first-quarter slump. The U.S...
President of the federal reserve (Bundesbank) Jens Weidmann attends the weekly cabinet meeting at the Chancellery in Berlin, Germany, July 1, 2015. Reuters/Fabrizio Bensch...
First, a few words about last week’s forecast: - Regarding the EUR/USD pair, our predictions ended up being correct. We talked about the continuation of the sideways trend along with a certain advantage for the “bears”, which had to have pushed the pair down to the 1.1035 support level...
Greece on the Brink as Tsipras Faces Off Against Europe on Aid Greek and European leaders are dug in before the country’s referendum on austerity, as polls showed the outcome of Sunday’s vote is impossible to predict and what happens afterward even more uncertain...
