Riding lower. (By Yann Quelenn ) • EUR/GBP has bounced off support. However, as long as prices remain below the resistance at 0.9176 (declining trendline), the short-term...
Bearish consolidation. (By Yann Quelenn ) • AUD/USD is now consolidating lower after the pair successfully tested the rising trendline support at 0.7881 and has broken the hourly...
Bearish. (By Yann Quelenn ) • USD/CAD is moving lower, confirming an underlying declining trend. Hourly support is located at 1.1945 (29/04/2015 low). Resistance is...
Challenging support area above 0.9400. (By Yann Quelenn ) • USD/CHF is trying to bounce. Strong resistance is given at 0.9771 (15/06/2017 high). The pair is likely to head further lower below...
Bullish consolidation. (By Yann Quelenn ) • USD/JPY is consolidating higher but the trend is clearly negative. Strong support is located at 106.95 (08/09/2017 high). Expected to show...
Strong bullish trend. (By Yann Quelenn ) • GBP/USD has pushed above rising trend-line resistance, confirming an improving short-term technical structure. Strong support is given at...
Holding above 1.2000. (By Yann Quelenn ) • EURUSD has broken the resistance implied by its horizontal resistance, confirming an improving technical structure. Hourly resistance can be...
EUR/USD reached the level of 1.21 on Friday and today moved down to the area of 1.2015 and can test the resistance of 1.20. USD/JPY returned to the range above the level of 108.00 and tested a maximum in the area of 108.54 at the beginning of the day. USD/CHF came close to the resistance of 0...
The Swiss National Bank has traditionally stated that the Swiss franc is overbought, consistently advocating a soft monetary policy in the country...
Hi traders, At this situation, I prefer to prepare a trade plan at strong Support level that we expected the price will soon rebound after hit the level. This screenshot has many words to explain, and people who understand to work with supply and demand would be able to get the benefit on it...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 11th The EUR/USD pair came under moderate selling pressure this morning, after ECB member Benoit Coeure delivered his speech, which was perceived by markets as dovish. Mr...
GOLD: The commodity looks to weaken further following its Friday price rejection. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards the 1,320.00 level...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish Price climbed about 200 pips last week - moving briefly above the resistance line at 1.2050 but closing below it on Friday...
EURUSD: With the pair seen closing higher on Tuesday, more recovery is envisaged. Resistance comes in at 1.2100 level with a cut through here opening the door for more upside towards the 1.2150 level. Further up, resistance lies at the 1.2200 level where a break will expose the 1.2250 level...
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First, a review of last week’s forecast: - EUR/USD. Since the opinions of the analysts were divided equally, we suggested to focus on the readings of the graphical analysis; both H4 and D1 indicated that the upward trend, which began in January, would continue. The target was the height of 1...
Hello, dear readers! At the end of this post you'll be able to create your own EAs based on basically any system and indicator using this brand-new tool. So please bear with me for a few minutes and start building high quality EA portfolio right after...
Forex trading comes with inherent risks. To enjoy the rewards, you have to absorb a certain amount of risk. Thus, it is important to find a way to profit from forex trading on a consistent basis, while minimizing the risk...
GBPUSD: The pair followed through higher on Friday on the back of Thursday gains. Support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level. Below here will set the stage for more weakness towards the 1.3000 level...
Description of the EA settings Settings: SmartStopTrading - Stop trading without closing the already open orders. MagicNumber - The magic number. AutoLot - The percentage of the balance. The lot size is calculated automatically...
