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After a few weeks in the industry, Joshua told his wife: ‘Even if it means we’re going to starve, I can’t do this job anymore’ Since The Times of Israel’s initial investigation into “The Wolves of Tel Aviv” — the appalling forex and binary options scam in Israel — we have been contacted by dozens...
8 price action secrets every trader should know about Price action is among the most popular trading concepts and a trader who knows how to use price action the right way can often improve his performance and his way of looking at charts significantly...
Divergences are one of my favorite trading concepts because they offer very reliable high-quality trading signals...
Pivot Points-Hourly Last Updated: Apr 11, 5:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.13253 1.13752 1.14075 1.14251 1.14574 1.1475 1.15249 USD/JPY 107.456 107.824 107.953 108.192 108.321 108.56 108.928 GBP/USD 1.41636 1.42124 1.42443 1.42612 1.42931 1.431 1.43588 USD/CHF 0.94292 0.94743 0...
USD/JPY RSI Divergence Urges Caution to Shorts Ahead of US Earnings Talking Points: - A heavy week of news awaits markets as US earnings season kicks off after the bell today: The good news is that expectations are really low, looking for a -9.8% drop to Q1 earnings year-over-year...
Use the Chimera indicator is became even more convenient: added the possibility of Alerts - the user can receive the alert or a notice on the phone on the overbought / oversold. Alert is generated when entering or exiting the zone of price and the price crosses the line 0...
GBP/JPY Trade Idea Major resistance – 154.80 (3 W EMA) Minor support -153.25 The pair has jumped till 154.22 on Friday and declined from that level. It is currently trading around 153.34. Short term trend is slightly weak as long as resistance 154.80 holds. Any break above 154...
US Stock Futures Rise, Investors Eye Alcoa Earnings US stock futures are trading on a positive note today as risk appetite strengthened in Europe, while investors await Alcoa results. At the time of writing, Dow futures were trading 64 points or 0.37% higher...
WTI Off Highs, Returns to $40.00 The barrel of the West Texas Intermediate (WTI) keeps its daily gains today, albeit it has retraced the earlier spike to levels above the $40.00 mark. WTI looks to regain the $40.00 handle Crude oil prices have bounced off last week’s lows in the $35...
GBP/USD Clings to Daily Gains The pound has been recovering ground against a softer greenback on Monday, with GBP/USD reaching 6-day highs at the 1.4250 area. The British currency is among the best performers of the day, posting decent gains versus the yen and the euro as well...
EUR Shorts Reduced, USD Longs Consolidating - Rabobank Jane Foley, Senior FX Strategist at Rabobank, lists down the IMM Net Speculators’ Positioning as at 05 April 2016. Key Quotes • “Despite the dovish position of the ECB, speculators have reduced their net EUR shorts for three consecutive weeks...
Hedge funds betting that oil’s rally was over missed an 11 percent gain after U.S. crude inventories unexpectedly fell. Short positions in West Texas Intermediate crude jumped 35 percent in the week ended April 5, according to the U.S. Commodity Futures Trading Commission...
Mark Carney could face a challenge in just over two months, regardless of whether Britons choose to stay in or quit the European Union...
BoC: Not Expected to Change Policy - BBH Research Team at BBH, suggests that the Bank of Canada (BoC) meets this week, and is not expected to change policy...
EUR/USD Neutral/Bearish Short-Term – Scotiabank Shaun Osborne, Chief FX Strategist at Scotiabank, has reiterated the neutral/bearish outlook for the pair in the near-term. Key Quotes “EURUSD has spent the last seven days trading narrowing around the 1.14 area”...
Even though USD/JPY made a new low today compared to the low that should not have been breached, it is not impossible for B waves to touch or even extend beyond A’s low. Thus, the bullish scenario for USD/JPY to target 109.00 levels again withing these two-three trading days is still on the table...
China: Important Inflation Numbers Out – Deutsche Bank Research Team at Deutsche Bank, suggests that there were important inflation numbers out of China this morning. Key Quotes “CPI for the month of March has printed at +2.3% yoy which was a smidgen below expectations (of +2...
US Dollar Surrenders Gains, Near 94.10 ahead of Fed The greenback, tracked by the US Dollar Index, has faded the earlier bullish attempt towards the 94.30/35, returning the 94.10 area. US Dollar now looks to Fed The index keeps the trade in the area of yearly lows in the vicinity of the 94...
ECB May Have Exhausted the Room to Cut Interest Rates - BBH Research Team at BBH, suggests that the euro turned higher in the middle of the Draghi's post-ECB press conference last month when he indicated (yet again) that the central bank may have exhausted the room to cut interest rates (with a m...
