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Trading recommendations and Technical Analysis – HERE! Today the important news in the UK and is not planned. Therefore, the focus of traders will focus on news from the US. At 13:30 (GMT) on the US published data on retail sales for October. Forecast 0.3% versus 0.1% in September...
Weekly price is on ranging market condition located inside Ichimoku cloud between the following key reversal support/resistance levels: 12425...
The euro dropped on Friday after a batch of economic data coming from the euro area. Eurozone GDP missed expectations, rising just 0.3% in the third quarter...
Market nerves growing Janet Yellen gave little away yesterday as she made no reference to interest rate policy and then the Vice Chairman Stanley Fischer also kept his cards close to his chest allowing for some profit taking in the dollar...
Pre European Open, Daily Technical Analysis Friday, November 13, 2015 EUR/USD GBP/USD USD/JPY AUD/USD GOLD CRUDE OIL Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. ---- EUR/USD Intraday: the bias remains bullish...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5229. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5200. Selling zone below this level. GBPUSD could be sold at any levels below 1.5201...
We don’t have a specific trade idea coming into the session, however we will be watching the German, French and EZ GDP prints for a possible opportunity if they all come out negative which will likely pressure the EUR and continue to build on the sentiment for additional ECB easing...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0806. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0784. The selling zone starts from this level...
Weekly price is on primary bearish market condition with the ranging within 0.7381 resistance level and 0.6907 support level: The price is located to be far below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bearish condition...
While there maybe some form of risk involved in trading, Forex trading does not necessarily have to be classified as risky. When ever we think of risk in Forex, we should think of it as professional investors think of risk in an investment...
The yen declined on Friday as investors digested comments from Federal Reserve officials for hints at prospects of a rate hike next month...
Industrial Production for September m/m (final): +1.1% m/m the preliminary was +1.0% prior (August) was -1.2% Industrial Production (final, September, D'uh :-D ) y/y: -0.8% y/y preliminary -0.9...
W1 price is above 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bullish market condition with the secondary ranging within the following key support/resistance levels: 2134...
Strong Consumer Demand Needed to Make Case for Interest Rate Hike in December A day ahead of the release of the U.S. retail sales figures six Federal Open Market Committee (FOMC) members delivered speeches that were seen as hawkish, dovish and something in between...
GBPJPY: The cross could be headed lower after failing to break and hold above its resistance at the 187.68 level. This development left the cross printing a rejection candle suggesting further bear pressure. On the downside, support comes in at the 186...
W1 price is isbelow 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish market condition: the price broke 14.71 support level for 14.26 target which is going to be broken for now...
I had mentioned about the possibility of EUR/USD following the upward retracement of gold price. https://www.mql5.com/en/blogs/post/654261. Even though the gold price went below the last week's low, i still haven't closed the BUY orders...
I had mentioned about a retracement in gold price in my recent posts. https://www.mql5.com/en/blogs/post/654260. Even though the gold price went below the last week's low, i still haven't closed the BUY orders...