We have been suspicious of the action in USDCAD since the dramatic reversal on the FOMC decision last month. It was one of the widest daily ranges in years on some of the highest volume in years. A textbook sign of exhaustion – especially after just seeking out a new high...
US Dollar declined as expected against the Japanese Yen following the appearance of a bearish Dark Cloud Cover candlestick pattern. A daily close below the 50% Fibonacci retracementat 118.93 exposes the 61.8% level at 118.20. On the other way, the reversal above the 38.2% Fib at 119...
Hello, We have EURUSD testing again a very strong resistance zone at 1.07250. This zone is the bottom of a previous Shoulder - Head - Shoulder. So I think if it break, then we can see a retest (pullback) and then go to the next level (1.09 zone...
Turning Trading into a Performance Activity Characteristics of Successful Traders Undercontrolled vs. Overcontrolled Trading Patterns of Poor Trading Common Behavioral Triggers...
2015-04-16 02:30 GMT (or 04:30 MQ MT5 time) | [AUD - Unemployment Rate] past data is 6.2% forecast data is 6.3% actual data is 6.1% according to the latest press release if actual < forecast (or previous data) = good for currency (for AUD in our case...
Chart USDJPY H1 : https://www.mql5.com/en/charts/3303776/usdjpy-h1-forex-ltd The pre-arranged sales were realized with the achievement of the supposed aims...
Chart GBPUSD H1 : https://www.mql5.com/en/charts/3303773/gbpusd-h1-forex-ltd The pre-arranged purchases were realized with theachievement of the primary supposed purposes...
Chart USDCHF H1 : https://www.mql5.com/en/charts/3303767/usdchf-h1-forex-ltd The pre-arranged sales were realized with the achievementof the supposed aims...
Chart EURUSD H1 : https://www.mql5.com/en/charts/3303761/eurusd-h1-forex-ltd The pre-arranged hasp variant of purchases was realized with the achievement of the primary supposed purposes...
Possible positions for this week There are many good opportunities in the Top 10 of the Ranking and Rating list. The NZD, CAD and CHF are looking strong and seem good currencies to trade against e.g. the EUR, AUD and GBP. The pairs discussed last weekend in the strategy article remain interesting...
New Zealand Dollar corrected higher against US namesake after seemingly overturning the up move from the March swing low yesterday. A daily close above the 0.7503 area (horizontal pivot, 38.2% Fibonacci expansion) exposes the 50% level...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: moved just enough yesterday for all short-term players, including us, to cut positions, but the overall view remains unchanged. Keep it tight and only get involved around 1...
2015-04-15 03:00 GMT (or 05:00 MQ MT5 time) | [CAD - Overnight Rate] past data is 0.75% forecast data is 0.75% actual data is 0.75% according to the latest press release if actual > forecast (or previous data) = good for currency (for CAD in our case...
Many economists start to believe deflation is getting entrenched in Europe, as it already has been in Japan for more than ten years. The debate regarding the ways it affects the global economy has been going on, while another interesting question is how deflation will change the markets...
The girl jumped up on the table of the ECB during the press conference! The ECB kept its benchmark interest rate at a record low of 0...
I propose here to discuss our robot, 8 months of trading earned 520% of the profits, while loss of 18% Here's a link to the robot: https://www.mql5.com/ru/market/product/8713...
EUR/USD broke below the 78.6% retracement of the late-March range yesterday While below 1.0830 our near-term trend bias is lower in the euro The 127% extension of the 2005-2008 adavance around 1...
Overview of the day on 04.15...
Starting with EUR/USD, GS notes that it peaked least week right underneath an important resistance area at 1.1052-1.1099, a region included the interim high (bearish key day reversal) from Mar. 26th , the interim low from Jan. 26th and the 55-dma...