EUR/JPY would buy @ 113.22 but it is on weak buy for now.just place pending...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish Price consolidated on Monday then went up 130 pips on Tuesday - testing the resistance line at 1.1200 and closing above the support line at 1.1150...
Sunday, May 04, 2014 Nicolas Darvas on stops: "no loss-free Nirvana" I was just rereading Nicolas Darvas' How I Made $2,000,000 in the Stock Market and came across this interesting summary of his trading method and risk management approach in the author's intro. I'd like to share it with you...
Daily price is located below Ichimoku cloud for the bearish market condition: the price is breaking 1.2935 support level for the bearish trend to be continuing with 1.2795 nearest bearish daily target to re-enter. If D1 price breaks 1...
Many experienced traders use walk-forward optimization for their algorithmic trading systems. Unfortunately MetaTrader 4 does not provide any means for performing walk-forward optimization of expert advisers (EA...
EURUSD: Except the pair returns above the 1.1233 level. A move lower cannot be ruled out. Support lies at the 1.1100 level. Further down, support comes in at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will target the 1.0950 level...
It appears that Goldilocks and the USD bears are playing for the same team at present. The global recovery seems to be strong enough to fuel demand for carry while, at the same time, the US economy is not doing well enough to justify another Fed hike...
First, a review of last week’s forecast: – the forecast for EUR/USD reckoned that early in the week the pair could tick up to the level of 1.1130, and if it was broken through – it would go up to 1.1170. The high of 1.1220 was indicated as the third resistance...
Daily price broke one of the 'reversal' Senkou Span line of Ichimoku indicator together with trendline to above: the price broke this line to be located inside Ichimoku cloud in the bearish ranging area of the chart waiting for the direction...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 33rd week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, EURGBP, AUDUSD, EURAUD, NZDUSD, USDCAD and USDZAR...
USDCHF: With the pair closing lower the past week, further weakness is likely. However, we may see an initial run to the upside in the new week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0...
The USD is in a soft spot amid a global rush into yield and little perceived threat from the Fed, at least until Chair Yellen’s Jackson Hole appearance. While we think USD pullbacks still represent medium-term buying opportunities, bulls will need to be patient...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, August 12th GBP/USD Current price: 1,2954 (0.0...
Weekly price is located far below 100 SMA/200 SMA reversal area on primary bearish market condition with 1...
The USD has been in retreat of late. It appears that goldilocks and the USD bears are playing for the same team these days.The recent underperformance of the USD reflects investors’ scepticism that the Fed will be able to hike anytime soon...
GBPUSD: Having the pair rejected higher level prices to close lower on Wednesday, further downside pressure. On the downside, support lies at the 1.2950 level where a break will turn attention to the 1.2900 level. Further down, support lies at the 1.2850 level...
TRADING RECOMMENDATIONS According to previously submitted data for the week, consumer prices fell 0.4% in July compared with the previous month and by 0.2% compared with the same period last year. Real retail sales in Switzerland in July fell by 3.9% in annual terms...
