USDCHF: With USDCHF extending its bullishness the past week, it now faces further upside pressure. However, with its daily hart spotting rejection candles, correction weakness could be seen in the new week. Resistance resides at the 0.9900 level with a breach targeting the 0.9950 level...
Dollar Bulls Watch for Full-Time Shoppers to Fuel Economic Gains More Americans are employed and they are receiving higher wages, so consumer spending may be the next signal that dollar strength has more room to run. The U.S...
W1 price is located above 200 period SMA (200-SMA) and above 100 period SMA (100-SMA) for the primary bullish with ranging between resistance level at 1.0239 and 23.6% Fibo support level at 0.9308: ascending triangle pattern with 0...
First, a few words about the forecast for the previous week: - Virtually everything that had been predicted for EUR/USD proved correct. According to the forecast, the couple was to maintain a sideways trend and would oscillate around the 1.0970 Pivot Point.1...
Diamonds may become futures' traders new best friend, in case Martin Rapaport from the Rapaport Group succeeds...
EUR/USD posts third straight winning session in the midst of strong U.S. occupations report. EUR/USD climbed extensively on Friday extending its triumphant streak to a third straight session, as unfaltering increases in the U.S...
U.S. unrefined stays close yearly lows, in the midst of third straight apparatus fabricate. Investing.com - Investing.com - U.S...
On Friday, seven of the 10 noteworthy S&P parts were lower, with the vitality file's .SPNY 1.86 percent fall driving the decliners as oil costs LCOc1 CLc1 set out toward a 6th week of misfortunes...
An in number employments number would subsidize hypothesis the US national bank will raise rates one month from now. Higher interest rates would put non-yield-bearing gold under further weight, expanding the open door expense of holding the metal...
The pound to dollar exchange rate is presently at fair value but will fall in the next few months says an updated currency note from Danske Bank...
POSITIVE INDICATOR: for seven months later many people who vacillate see drop in commodity and energy prices, the rising value of the dollar and a fall in the price in the Chinese stock market, indicating weakening global growth...
The Central Bank of Australia (RBA) indicated unemployment figures have reached its peak as a sign the economy is improving, although it pushed back the estimated growth on an annual basis...
SYSTRA Launches Algorithm Building Engine FXTraBox : www.fxtrabox.com This is already outofdate product, unproductive and not profitable. The solution aims to appeal to traders who do not have coding skills to build their own algo strategies from the ground up...
Japan's Central Bank (of the BoJ) refrain from adding to the stimulus in line with the estimates of the Governor of the BoJ Haruhiko Kuroda that his country will come out of recession and inflation will raise the return perekonomiannya...
The economy of China will resist the pressure down to maintain the looming growth of about 7% in the future thanks to the pleasant conditions that arise, a leading economist said Thursday (6/8...
Looking at the Weekly Chart for EUR/USD, the following points indicate a reversal, low ZZ at a key fibo level, double bottom, yellow locked above black with price below, price below the opening price of the year, month and week...
W1 price is located below 200 period SMA (200-SMA) and below 100 period SMA (100-SMA) for the primary bullish with ranging between Fibo resistance level at 1.1466 and Fibo support level at 1.0807: descending triangle pattern with 1...
Hope you were able to enter a BUY order in all this mayhem. My heart goes out to all those who entered a stop loss near yesterday's or previous day's low in gold. Hope we learn something out of this...
This trading week ended with some interesting result for EURUSD: seems - the ranging time is finished for this pair, and we can expect the bearish breakdown for the next week for example. EURUSD D1 price is on primary bearish with secondary ranging between 1.1113 resistance and 1...