All Blogs
On Friday the dollar was slightly higher against the yen and the euro in quiet Asian trade, with many investors worried ahead of the closely-monitored U.S. jobs report later in the day, a key to shaping investors’ views on the Federal Reserve’s monetary policy...
As i had mentioned about the high volatility in gold prices in my previous posts, expect the gold price to reach around 1149 this week end. The most obvious is that the price could continue to fall down without any retracements...
GBPUSD: GBP will have to break and hold below its support located at the 1.5133 level to trigger further weakness. That level continues to hold as support for almost the whole week. Support comes in at 1.5100 level with a follow-through lower seeing it targeting more weakness towards the 1...
W1 price is above 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bullish market condition: The price is trying to break Fibo resistance level at 1.3457 from below to above for the bullish trend to be continuing; Ascending triangle pattern was formed by the price with 1...
Review Status: In Progress | Live Test Begins: 21.08.2015 Performance Review Mission: Educate the traders about the EA’s actual performance in the live market running by our own terminal without any access from the author of that EA...
The following are the latest technical setups for EUR/USD, GBP/USD, AUD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by yesterday’s engulfing candle. The initial break below our initial targets near 1...
W1 price is located below 200 period SMA (200 SMA) and below 100 period SMA (100 SMA) for the primary bearish market condition with the secondary ranging between Fibo support level at 0.6084 and 38.2 Fibo resistance level at 0...
According to tourism experts, the revenue which Saudi Arabia generates from oil could be replaced by tourism...
The AB=CD Pattern The AB=CD pattern is a price structure where each price leg is equivalent. The Fibonacci numbers in the pattern must occur at specific points. In an ideal AB=CD, the C point must retrace to either a 0.618 or 0.786...
EURGBP: With the cross turning lower off its key resistance at 0.7421 level to close lower on Wednesday, further weakness is now seen. As long as the 0.7421/36 zone remains unbroken, you should see the pair weakening in the days ahead. On the upside, resistance lies at the 0...
Oil futures were higher Thursday as an emerging risk premium over the situation in Syria countered further signs of an economic slowdown in Asia and rising U.S. inventories...
Weekly price is on bearish market condition for ranging between 42.18 support level and 54.27 resistance level. Chinkou Span line is located to be below the price and indicating the ranging condition to be continuing...
The dollar erased gains against the other major currencies on Thursday, after data showed that U.S. jobless claims increased more than expected last week...
Gold’s long-term downturn continues with prices on their way to finish the third quarter in negative territory, its second consecutive lower quarterly close...
Forex BasicsWhat is Forex? Forex is short for “foreign exchange”, and is also known as “currency exchange”, “currency trading”, “forex trading” and, for short, “fx”...
Tony Sagami, a former Merrill Lynch stockbroker with 30 years of market experience, says the average investor is about to get cleaned out...
Goldman Sachs made a forecast for S&P 500 to finish the year at 2000 with the following explanation: "Our baseline forecast is that the US economy will grow at a modest pace, earnings will rise, and the S&P 500 index will climb slowly while the P/E multiple declines as interest rates rise...
On Thursday the pound was higher against the U.S. dollar, even after data signaled that manufacturing activity in the U.K. expanded at the slowest rate in three months in September, as investors awaited the release of U.S. economic reports later in the day...
