First, a review of last week’s forecast: - Just this summer, strategists of many large international banks had designated the 2015 and 2016 highs in the zone 1.15-1.16 as momentous for EUR/USD...
2017 11 11 - US Dollars Drop or Bounce ? The Senate tax plan set to be unveiled Thursday 2017 11 09 would delay and phase in a corporate tax cut. sources tell CNBC. US Dollars drop to important support. Is it a chance...
Bitcoin 2017 11 11 - will it be continuous ? Beginning of the November, Bitcoin make the highest record $7895. After that drop a thousand dollars. Will it be continuous...
Update 2.6 CandleMinSizePips: The minimum allowed size of a previous candle in pips. If the size of the previous candle will be less than a value in "CandleMinSizePips" then the EA won't open an order when a high/low breakout occurs (the EA will just ignore the candle...
10.11.2017 Gold Gold managed to head for some rebound correction after testing support 1260-65 while market slow movement is showing some risk. Gold facing resistance zone at 1296-98 which may push the market for another drop toward 1260-65 zone...
After earlier in the week the leadership of the RBA again decided to leave the key rate at 1.5%, the Australian dollar remains under pressure. The rate remains at this level since August 2016, and the central bank will most likely leave it unchanged until mid-2018...
MQL5 is much better than MQL4 when it comes to coding better expert advisors. There are certain times of the day when you want to trade. There are certain hours when you don't want to trade. Always avoid the Asian Market Session and never open a trade during it...
09.11.2017 GBPUSD GBPUSD still holding trading zone where market looking toward another test to 13050-70 zone. As long as market maintain trades above main support 1.3030 another advance wave toward 1.3300 zone will be expected. Below 1.3030 market may enter new downtrend wave that may target 1...
EURUSD: With the pair still holding on its recovery threats, further push higher is expected. Resistance comes in at 1.1650 level with a cut through here opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1.1700 level where a break will expose the 1...
Mass arrests in Saudi Arabia, including members of the royal family, a missile attack on this country by Yemeni rebels, as well as the appearance of risks of slipping in the implementation of the plans of the presidential administration for tax reform, provoked purchase of gold as a safe haven...
08.11.2017 EURUSD EURUSD Intraday levels showing first resistance at 1.1625 where as long as market holding below the dontrend pressure will sustain toward 1.1500 which may provide some rebound correction. Above 1.1625 market may find the way to test 1...
USDJPY: The pair remains weak and vulnerable to the downside. On the downside, support comes in at the 113.50 level where a break if seen will aim at the 113.00 level. A cut through here will turn focus to the 112.50 level and possibly lower towards the 112.00 level...
Quotations of oil futures fell on Tuesday, however, they remained on the mid-2015 highs. January futures for Brent crude oil fell in price by 0.53%, to 63.35 dollars per barrel. The spot price for Brent crude at the beginning of today's European session is near the mark of 63...
GBPUSD: The pair may be hesitating but still faces corrective recovery threats. Support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level. Below here will set the stage for more weakness towards the 1.2950 level...
Yesterday, the New Zealand dollar received support after New Zealand's finance minister Grant Robertson said he did not want to include targeting of the national currency in the new responsibilities of the Reserve Bank of New Zealand...
EURGBP- The cross saw a follow through lower on Monday. This is coming on the of its Friday weakness. Support lies at the 0.8800 Level where a violation will turn focus to the 0.8750 level. A break will expose the 0.8700 level...
Short-term consolidation. (By Yann Quelenn) • Bitcoin is now consolidating after setting-up a new all-time high for 4 consecutive days. The technical structure shows a tremendous positive...
Strong buying demand. (By Yann Quelenn) • Crude oil has surged and set up a new resistance at 56.28 (06/11/2017 high). The commodity is trading at 1-year high. Expected to...