Below is my opinion about using Ichimoku Kinco Hyo chart at EURUSD. This is the chart. Arrows is signals to hold positions at EURUSD. There are buying and selling signals at above chart. It is important to analize the chart...
KEY POINTS REGARDING THE STOCHASTIC MOMENTUM INDEX Introduced by William Blau in 1993 as a faster, less erratic version of the traditional stochastic oscillator Evaluates the Current Close relative to the midpoint of the Recent High/Low Range instead of simply the High and Low, and graphs this va...
Local stock market has tumbled, Hong Kong shops have closed, but protesters keep agitating for greater democracyin order to preserve institutions that made this former British colony a profitable asset to China...
The yen remains closed positions after strong gains on disappointing manufacturing PMI data yesterday while the euro remains on the defensive, waiting for the meeting of the ECB. The European single currency slipped to a low of three weeks against the yen at 137.39 and , around 7...
US DOLLAR TECHNICAL ANALYSIS Prices are extending to a new four-year high. Daily close above the 38.2% Fibonacci expansion at 11130 exposes the 50% level at 11200. Alternatively, a reversal back below the 23.6% Fib at 11043 clears the way for a test of rising trend line support at 11016...
I am interesting at Ichimoku Kinko Hyo Chart. It shows and represents past, present and future market move. Below is the chart at EURUSD Today. After three-bottom type occurs, up-trend is progressing. And a few minutes ago candle sticks are moving upward very rapidly and sharply...
The Cross has moved laterally on the last 10 bars (days) from FIBO 0 through FIBO 61.8 breaking down while flat market. Volumes are out from the overbought level and we have on chart a new red candle. It seems that a new bearish primary trend started and maybe is time to start selling...
Analysis based on TA charts for all the major currency pairs. Good luck to all. No advice, just info. Visit FxTaTrader.com for more info and Disclaimer. Every week the Forex ranking & rating list will be provided in the weekend. There will be 2 updates during the week on Tuesday and Wednesday...
The EURUSD just broke a significant support zone. This zone has been tested three times since the November 2012 initial support zone. Looking at the weekly chart, the price did not even hesitate in this support zone. It made a hard break through and continued falling...
US DOLLAR TECHNICAL ANALYSIS Prices appear to be on track to resume its longer-term rising trend after completing a Flag continuation pattern last week. A daily close above the 11102-43 area marked by the 23.6% Fibonacci expansion and the October 3 high exposes the 38.2% level at 11216...
Dow theory The father of this theory is Charles H. Dow who said that the most of instruments are behaving in specific way...
Fibonacci Retracements can help traders find significant price points and predict levels of support and resistance. It is based on the Fibonacci sequence of numbers, identified by Leonardo Fibonacci in the thirteenth century...
EURJPY is making several pull backs in this down trend and we are seeing the process of one more. Still a rather bearish pair, but the question remains how long...
Click here for the latest update of the pairs that I will be looking at for my trading. Analysis based on TA charts for all the major currency pairs. Good luck to all. No advice, just info. Visit FxTaTrader.com for more info and Disclaimer...
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One of the reasons so many forex traders come to the Forex market is because of the potential to make fast money...
Trading the News - David Song in FXCM Expo Major economic events and fundamental developments are monitored by currency traders as it reflects the strength of a country's economy...
The GBPUSD, after closing the Gup in area 1.624 / 1.628 made before the vote on the Scotland indipendece, is approaching the support in the 1.61 area . It is likely the test support with rupture to reach the medium-term target at 1.60...
