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EURJPY is currently capped to the downside by a negative trend line. Price has currently retraced into a supply zone around the 50% Fibonacci area. Should there be candle stick information confirming a change in price direction I will sell: Entry: Market (On confirmation) Stop Loss: 150.000...
Here’s the market outlook for this month: Content courtesy of Tallinex Limited https://www.tallinex.com GOLD (XAUUSD) Dominant bias: Bullish Price went up in July (recovering some of the losses sustained in June) to reach a high of 1270...
The EUR/USD pair held on to its nominal gains above the 1.1800 handle and had a muted reaction to the release of ADP report. The pair moved little after ADP report showed that private sector employers added 178K new jobs during the month of July...
USDCHF: With the pair seeing price follow through on the back of its Tuesday recover, more strength is likely in the days ahead. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level...
Today we get US labor ADP data ahead of the NFP report on Friday. Bloomberg Survey indicates new jobs creation for July of 190k compared to the prior June read of 158k. The overall sentiment is positive and it has been 7 years that the data print positive...
The New Zealand extended losses on Wednesday amid the release of disappointing data from the job market. After grinding lower yesterday, NZD/USD fell another 0.55% to 0.7425, its lowest level of the past five days. Despite the fact that the second-quarter unemployment rate matched estimate of 4...
According to the data published yesterday, the Eurozone's GDP in the second quarter increased by 0.6% (+ 2.1% in annual terms against + 1.9% in the previous quarter). Quarterly growth rates have become the highest since March 2015...
Developing EAs can be a lot of fun. You can watch this 50 minute video by Alex du Plooy. In this video his scalping ea turns $5K into $1 million in a few hours. Sounds incredibly impressive? Yes it is. You should watch this 50 minute video...
If you type "Bitcoin" in any search engine, the first thing you will see, almost certain, is "Split". I already explained in a previous post about this matter, but now I want to take the opportunity to discuss the effects of the so called "hard fork...
Dear readers, at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs, searching for the most profitable conditions to place a trade...
Hey everybody! I've desided to watch a motivational video everyday to help me boost productuvity and get rid of procrastination. So here is todays video...
GBPUSD: The pair continuing to retain its upside threats on correction, more strength is envisaged. Support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level. Below here will set the stage for more weakness towards the 1...
The AUD/USD pair extended its retracement move from closer to 26-month highs and is currently placed session lows near the 0.7985-80 region ahead of the US economic releases. The pair retreated over 60-pips from session tops near the 0...
In view of Aila Mihr, Analyst at Danske Bank, the pair’s next target could be 1.1876, 2010 lows. Key Quotes “EUR/USD took another strong move higher yesterday and broke above 1.18 for first time since 14 January 2015...
Today at 21:45 (GMT) will be published data from the labor market of New Zealand. It is expected that unemployment in New Zealand declined in the second quarter by 0.1% to 4.8%. At levels below 5% unemployment in the country was in the period from 2003 to 2008. Nevertheless, unemployment of 4...
EUR/USD EUR/USD broke another resistance and renewed the maximum of the last two and a half years. Now the pair is trading at 1.1845. Technically, the next target is 1.1900, followed by 1.1945 - the area of the bearish gap that arose at the junction of 2014 and 2015, then 1.20...
Monthly report (July 2017) my signal "SFE Price Action Roboforex": https://www.mql5.com/en/signals/320786/ Growth: +42.07% Net profit: +2103.63 USD Maximum drawdown: 10.47...
