The Energy Information Administration of the US Energy Ministry recently made another forecast, according to which, the production of shale oil in the country in April will increase by 131,000 barrels a day to a record level of 6.95 million barrels per day...
Chart: https://bi0l.blogspot.com/2018/03/gbpusd-intraday-forecast-technical-side_13.html (Side of bulls). For purchases, under the condition of forming a turn down (down D1 broken) the target may be equal (R1 / R2 / R4). (Bear side...
Chart: https://bi0l.blogspot.com/2018/03/eurusd-intraday-forecast-technical-side_13.html (Bear side). For sales outposts (down D1), goals may be equal (S1 / up H4 / Key support levels) with breakdown options up to (S2 / S3). (Side of bulls...
Chart: https://bi0l.blogspot.com/2018/03/usdchf-intraday-forecast-technical-side_13.html (Side of bulls). For short-term purchases from (up H4) goals can be equal (Key resistance levels / R1 / down H1), breakdown targets to (R2 / R3 / R2MN). (Bear side...
Chart: https://bi0l.blogspot.com/2018/03/usdjpy-intraday-forecast-technical-side_13.html (Side of bulls). For purchases under the condition of forming a turn from (up H4 / S1 / S2 / up D1) goals may be (R1 / down H1) with breakdown targets (R2 / R3). (Bear side...
As you know, last week the Bank of Canada retained its key rate at the previous level of 1.25%, referring to the growing uncertainty of the prospects for negotiations on the NAFTA (North American Free Trade Agreement). The USA is Canada's largest trading partner...
WHEN TO GET OUT...
GBPUSD: The pair continues to retain its upside pressure on recovery extending its Friday gain. Support lies at the 1.3850 level where a break will turn attention to the 1.3800 level. Further down, support lies at the 1.3750 level. Below here will set the stage for more weakness towards the 1...
Published last week with the results of the dairy auction organized by the New Zealand company Fonterra (specialized trading platform GlobalDairyTrade - GDT), showed a slight decline in world prices for dairy products (-0,6...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, March 12th The EUR/USD pair trades with a slight bullish bias this Monday on the back of recent mixed data from the US economy...
WEEKLY OPEN AND GAP...
EURUSD: With the pair retaining its corrective pullback threats, more weakness is likely in the new week. On the upside, resistance comes in at 1.2350 level with a cut through here opening the door for more upside towards the 1.2400 level. Further up, resistance lies at the 1...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
MT4 as well MT5 have become popular trading platforms over the years. But both MT4 and MT5 have severe limitations when you develop EAs you realize it. MQL4 and MQL5 are basic languages that copy C++ syntax but lack good libraries...
First, a review of last week’s forecast: - EUR/USD. Most experts (60%) had expected the growth of the euro first to 1.2400, and then even higher to the highs of past January-February at 1.2500-1.2555...
WEEKLY WRAP UP NFP...
Hello traders, Here is a trade plan for EURUSD today and for next week. At current prices with uncertain fundamentals, EURUSD can go anywhere. Can go up or down even just sideways. Ahead of the NFP event today, it is not advisable to open a position at the current price...
Chart: https://bi0l.blogspot.com/2018/03/gbpusd-intraday-forecast-technical-side_23.html (Bear side). For sales outlets, if the turn is formed from (EMA120 / key levels), targets may be equal (S1 / up d1 / S2 / S1 MN / S3). (Side of bulls...
Chart :https://bi0l.blogspot.com/2018/03/eurusd-intraday-forecast-technical-side_8.html (Bear side). For sales outlets on the condition of reversal formation (EMA522 / EMA24 / EMA120), the targets may be equal (S1 / S2 / S3). (Side of bulls...
