Australian rate decision: Tuesday, 4:30. The Reserve Bank of Australia maintained rates at 2.5% on its last meeting in July, despite rumors of a possible rate cut. RBA Governor Glenn Stevens declared the currency was “overvalued” but kept monetary policy unchanged...
Estimated pivot point is at the level of 1.0787. Our opinion: Buy the pair above the level of 1.0787 with the target of 1.0990 – 1.10. Alternative scenario: Breakout of the level of 1.0787 will allow the pair to decline up to the levels of 1.07 - 1.0616...
Estimated pivot point is at the level of 101.00. Our opinion: Buy the pair from correction above the level of 101.00 with the target of 104.10. Alternative scenario: Breakout of the level of 101.00 will allow the price to continue the decline to the level of 99.50...
Estimated pivot point is at the level of 0.9003. Our opinion: Buy the pair from the correction above the level of 0.9003 with the target of 0.9130 – 0.92. Alternative scenario: Breakout of the level of 0.9003 will enable the pair to continue the decline to the levels of 0.8950 – 0.89...
Estimated pivot point is at the level of 1.6925. Our opinion: Sell the pair from correction below the level of 1.6925 with the targets of 1.6830 – 1.6720. Alternative scenario: Breakout and consolidation above the level of 1.6925 will enable the price to continue the rise up to 1...
Estimated pivot point is at the level of 1.3414. Our opinion: Sell the pair from correction below the level of 1.3414 with the target of 1.3290. Alternative scenario: Breakout of the level of 1.3414 will allow the price to continue the rise up to the levels of 1.3450 – 1.35...
Seven habits of a successful trader. Responsibility to take your own risk: For the success full trader take every risk every decision on his own responsibility to all time. you will never meet a successful trader who is looking to blame someone...
After working at J.P. Morgan for five years, Loganchuk founded Upgrade Capital to provide opportunities to students who have no way of proving their financial capabilities when applying for jobs...
Since the MACD uses 26 and 12 EMA to plot, we shall compare these two EMAs with the MACD indicator to determine how these signals are generated...
The MACD indicator is one of the most widely and commonly used indicators available. MACD indicator is a momentum oscillator with some trend following characteristics. MACD is one of the most popular indicators used in technical analysis. It is used to generate signals using crossovers...
D1 price is on primary bearish market condition with 1.3366 neatest support level to be broken for the bearish to be continuing...
Prices continue to race downward, with sellers now aiming to challenge 76.4% Fibonacci expansion at 97.30. A break below that on daily closing basis exposes a rising trend line set from June 2012, now at 96.28. Alternatively, reversal above the 61.8% level at 98.56 aims for 50% Fib at 99.58...
Prices turned lower as expected after putting in bearish Evening Star candlestick pattern bolstered by negative RSI divergence. Sellers now aim to challenge the 38.2% Fibonacci retracement at 1921.80, with break below that on daily closing basis exposing 50% level at 1900.30...
Prices are drifting cautiously lower having topped below $1350/oz three weeks ago. Near-term support is in the 1281.38-87.13 area, marked by a falling trend line set from late June and the 38.2% Fibonacci expansion. A break below that on a daily closing basis exposes the 50% level at 1269.22...
Easing rates during the financial panic in 2008 was the right move in stopping the economy from plunging over a cliff. By late 2010, however, the recovery was already under way and the unemployment rate was falling, but the Fed kept the federal funds rate just above zero...
USD/JPY Technical Strategy: Flat Support: 102.71, 102.45, 102.25 Resistance: 103.03, 103.50, 103.79 The US Dollar may have completed a major upward breakout against Japanese Yen after prices cleared resistance capping gains since January...
http://msft.it/6049l2NH Try this and calculate everything stored in every CLOUD... #jgaj #microsofthero...
Channel Up pattern break and success to perform Head and shoulders pattern. Break and retest at 174.20 with 5 fibonacci PRZ. This pattern projection target at 170.94, and failed if price success to break 174.58...
In margin forex trading, there are two prices for each currency pair, a "bid" (or sell) price and an "ask" (or buy) price. The bid price is the rate at which traders can sell to the executing firm, while the ask price is the rate at which traders can buy from the executing firm...
