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This trading week ended with some dilemma: bullish trend to be continuing in case the price breaks 97.32 resistance level, or the secondary correction to be started just in case of support level at 96.79 to be broken to below...
After Brexit every second Brit predicts the end to the United Kingdom within the next 10 years. These are the shocking data of survey conducted by BBC...
TRADING RECOMMENDATIONS Ironically, oil prices continue to decline in spite of the fact that the US Department of Energy on Wednesday reported a drop of oil in the country's stores to 2.342 million barrels for the week July 9-15...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, July 22nd GBP/USD Current price: 1.3268 (0.3...
When it became clear that the British really had voted to leave the EU, markets around the world dropped to the floor and began twitching...
EURGBP- The cross looks to weaken further following its Thursday declines after taking back all of its intra day gains. Resistance resides at the 0.8400 level where a violation if seen will turn risk towards the 0.8450 level. On further upside, the 0...
Daily price is continuing with the primary bullish trend with new 'top' to be formed for the bullish trend to be continuing...
When it comes to the SNB it must be noted too that there may be rising pressure to act again later this year when it comes to lower rates, especially if currency intervention becomes less efficient...
Testing on a real tick story - EURUSD,m1 for the year 2015. Broker #1: RoboForex (market execution, commission $4/lot, stops level 0) 1. Testing with standard parameters (fixed lot 0.01) on EURUSD,m1 (05.01.2015-01.01.2016): 2. Testing with standard parameters (risk per trade 1%) on EURUSD,m1 (05...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 21st GBP/USD Current price: 1.3245 (0.3...
USDCHF: Having the pair closed higher on Tuesday, a move higher on recovery is now building up. However, with a large pullback seen intra day on Wednesday, a move lower could be seen in the days ahead. On the downside, support lies at the 0.9800 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 20th EUR/USD Current price: 1.1019 (0.0...
TRADING RECOMMENDATIONS Yesterday, the dollar showed growth across virtually the entire foreign exchange market. From the United States continue to be positive macroeconomic data...
Monthly price is located inside Ichimoku cloud for the breakout with the bullish reversal to be started on open monthly bar for now: Chinkou Span line crossed the price to above for the possible breakout to be started; the price is breaking 55,820 resistance level to above for the breakout to be...
Our automated trading system called "Moon", which also gives its name to our trading signal, arises from the need to find a valid operational tool that generates a steady return over time without jeopardizing the initial capital...
Attention will now turn to releases later in the week: May employment data (Wednesday), June retail sales (Thursday) and the services and manufacturing PMIs (Friday...
TRADING RECOMMENDATIONS NZD / USD pair has been declining for a fifth consecutive session. The reason for today's sharp decline was the new application from the RB of New Zealand that it will soon tighten lending conditions of investment in real estate...
Daily price is on ranging around 200-day SMA waiting for the direction of the trend to be started. Ascending triangle pattern was formed by the price to be crossed for bullish trend to be resumed. If D1 price breaks 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, July 19th GBP/USD Current price: 1.3221 (-0.3...
GBPUSD: The Unless the pair breaks and holds above the 1.3480 zone, risk will continue to point lower on more weakness medium term. On the downside, support lies at the 1.3200 level where a break will turn attention to the 1.3150 level. Further down, support lies at the 1.3100 level...
