All Blogs
On Thursday the British currency rose against the other major currencies in European trade, after data showed that UK retail sales climbed higher than expected in April. The new data spurred hopes that Britain's economic growth may accelerate in the second quarter...
For the world’s biggest banks, what seemed like the perfect business turned out to be the perfect breeding ground for crime. The trading of foreign currencies promised substantial revenues and relatively low risk...
This good webinar is providing with the assistance of Adam Grimes. More about Adam Grimes: Adam has two decades of experience in the industry as a trader, analyst and system developer, covering the full range of liquid markets and timeframes from scalping to long-term investing...
Thursday saw crude oil futures rising for a second day as the U.S. government report released Wednesday showed crude inventories declined for a third week. Fighting in Iraq remains in focus...
For today R4 - 0.8135 R3 - 0.8089 R2 - 0.8052 R1 - 0.8010...
On Thursday the single currency was steady at two-week trough against the dollar after the minutes of the Federal Reserve’s latest meeting did little to alter expectations that it will hold off on raising rates until later this year...
Thailand’s authorities plan to increase spending on investment to the highest level in seven years in an effort to boost local demand and offset weakening exports, says Bloomberg...
Inside bars are easily identified pricing patterns that can be found on virtually any chart. The pattern itself requires some simple technical analysis, which includes identifying a series of highs and lows on a daily chart...
On Thursday the greenback declined against the yen in Asia trade, with gains limited by profit taking and selling by Japanese exporters after a recent rally that brought the greenback to a two-month high...
The fractals are technical indicators, part of the Bill Williams’ indicators. Unlike any other indicators, this one is not a line or histogram bars; it is just a simple arrow on top of or below the bars of the price chart...
Micro Lot A micro lot is the term used for a 1,000 unit trade, which on most major pairs come out to about $0.10 of risk per pip. This is the smallest trade size available and is a great size for traders that don’t have much capital to trade...
CHF/JPY: Long Little changes compared to yesterday but in the 4 Hour chart the pair is showing recovery. Position has been opened on May 6. The pair is having a rank of 26 and is consolidating. The CHF has a currency score of 6 and the JPY a score of 1...
Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the current close relative to the high/low range over a certain number of periods...
Which applied types of prices do you know? I bet you can remember median, typical, linear weighted prices, and of course more trivial open, close, high, and low. All and every one of them can be useful, but they are limited in the sense, that they are based solely on the price action...
Please note that the upcoming US Memorial Day and UK Spring Bank Holiday will affect the trading schedule for Gold (XAUUSDecn) and Silver (XAGUSDecn). On Monday, May 25th, trading of Gold and Silver will cease at 17:00 GMT+0 and resume at 22:00 GMT+0...
An upturn in inventories and higher exports helped Japan log stronger-than expected growth in the first three months of 2015, but those drivers may cool in the second quarter, says the Wall Street Journal...
On Wednesday oil futures were higher after losing almost 4% Tuesday, as traders awaited a U.S. government report which may indicate a third straight weekly decline in crude inventories. Possible escalation off the coast of Yemen also impacted oil prices...
The dollar hit a two-month high just above 121 yen on Wednesday and extended gains against the euro to a three-week high, as the euro extended the previous session's sharp falls after the ECB comments...
Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 122.02 resistance level on monthly timeframe chart for the bullish market condition to be continuing...
