Click on my name for further discussion... These are the famous words spoken by Keynes the great economist. When I see 15 year optimizations on an EA, I wonder. How useful is that. I guess mathematically if an EA s performance over 15 years can average a profit probably means it is resilient...
CHF/JPY: Long Position has been opened on May 6. The pair was low in the ranking list for about 2 weeks until last week and is now back high in the Top 10 with a rank of 2. The CHF has a currency score of 8 and the JPY a score of 1 most of the time lately...
FletcherGoldman reached it's weekly target nice and early on the back of the USDJPY moving to a new 2015 high, peaking at 125.05. However, the price did find resistance at this point...
The four-month negotiations between Greece and its creditors over the terms of the country’s bailout have not brought a deal, and the impasse is now hurting the country's banks...
Eurozone consumer prices rose for the first time in six months during May, a significant victory for the European Central Bank in its campaign to avert a slide into deflation that could have derailed the currency area's fragile economic recovery...
Weekly technical analysis here is based on closing market prices until the end of last week (May 29, 2015), and is intended as a reference for the medium and long termtrading. EUR/USD: Daily chart: a bullish correction is likely to occur: 1...
2015-06-02 05:30 GMT (or 07:30 MQ MT5 time) | [AUD - Cash Rate] past data is 2.00% forecast data is 2.00% actual data is 2.00% according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 2nd After yesterday’s lows at 1.0886, EUR/USD was up this morning reaching 1.0944 mark. The European leaders met with Greece’s international creditors on Monday to move the debt negotiations forward...
The euro skidded 0.8 percent to around $1.0892 on Monday after Greece missed a self-imposed Sunday deadline to reach a deal with its lenders to unlock crucial aid. An agreement is seen as key for Greece avoiding a debt default and dodging a potential exit from the euro zone...
On Tuesday the yen hit its lowest level against the dollar since 2002 - a move which puzzled traders...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier. It is recommended to read the page Currency score explained and Models in practice for a better understanding of the article...
When looking at the Top 10 in the Monthly Ranking and Rating list we can see that for the coming month the following stronger currencies are well represented for going long: CHF(4X) followed by the GBP(3X) and the USD(3X). The AUD(4X) is the weaker currency followed by the NZD(3X) and the JPY(2X...
Growing fears over Greece's future in the euro is putting the single currency under pressure meanwhile supporting the dollar. However, analysts consider that the rally will not be long-lasting as fundamental economic data remains weak...
For experienced traders in the forex market, Abandoned Baby candlestick patterns is amarker of reversal trend...
Daily price was on secondary correctional movement within the primary bulish trend for the last week. The price came to inside Ichimoku cloud/kumo, and it was stopped by 1.0818 support level and started to be ranging between 1.1325 resistance level and 1...
Analysts keep receiving mixed economic signals from the world's second largest economy which spur fresh speculation that the authorities might soon roll out more stimulus...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, June 1st The Australian dollar fell against its U.S. counterpart on Friday closing the session at 0.7642. Altogether, the pair lost 2.41% during the previous week...