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USDCAD: With USDCAD turning off its intra day high at 1.3416 level to close lower on Thursday, further downside pressure is likely. While the 1.3416 level caps, our view on the pair remains lower. Resistance resides at the 1.3400 level where a break will target the 1.3450 level...
I've always been asking, if somebody found a trading system that achieve the success he always dreamed about and he traded it for a while until he begin to get confident in its results, so what kind of feelings will this successful system bring to him...
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: We are bearish and would prefer to fade upticks against the 1.1330 area. A move below our initial downside targets near 1...
It appeared to be that CEO of Euro Pacific Capital and well-known market analyst Peter Schiff was right when he claimed the Fed has never seriously thought of increasing rates. Instead, he suggested we should brace for a QE 4...
W1 price is located to be above 200 period SMA (200-SMA) and near 100 period SMA (100-SMA) on the border between the bullish/ranging condition. The price is moved between the following s/r levels: 1863...
U.S. stocks fell steeply Thursday, on track for a third consecutive losing session ahead of a speech from Federal Reserve Chairwoman Janet Yellen...
Gold futures pushed higher on Thursday, after mixed U.S. economic data underlined uncertainty over the state of the world's largest economy. Meanwhile, U.S. stocks opened lower and were on track for a third straight losing session ahead of a speech by Federal Reserve Chairwoman Janet Yellen...
The dollar fell deeper against the other major currencies on Thursday, after the release of mixed U.S. economic reports. Meanwhile, sentiment on the greenback remained vulnerable ahead of a speech by Federal Reserve Chair Janet Yellen due later in the day...
W1 price is located far above yearly Central Pivot at 1.1392: the price is on bullish market condition for ranging between R2 Pivot level at 1.2568 and R3 Pivot level at 1.3352; price is trying to cross R3 Pivot level at 1...
Earlier in the day, Norges Bank cut its interest rates in a response to slower economic growth caused by a fall in oil prices. The move send the dollar soaring against the local currency...
On Thursday shares of German auto giant BMW steeply dropped as a German newspaper claimed its diesel engines were "significantly" exceeding regulatory limits...
Here are trades opened this morning before the EU session. Strong : EUR - CHF - JPY WEAK : AUD - CAD (In french ... :-) ) You can see on this real account all trades with 0.01 lots...
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 38.2% Fibo support level at 1.9885 and Fibo resistance level at 2.0970: the price is crossing 23.6% Fibo support level at 2...
Early Thursday, gold futures were higher as market players were jittery before a speech by Federal Reserve Chairwoman Janet Yellen due later in the day. Markets are waiting for clarity on the bank's decision last week to keep interest rates unchanged...
Both platinum and palladium were affected in the aftermath of the Volkswagen scandal. Both are used in vehicle production, however, they did not act like sister metals...
W1 price is located far below yearly Central Pivot at 0.8556: the price is on bearish market condition for breaking S2 Pivot level at 0.7129 for S3 Pivot level at 0...
On Thursday the New Zealand dollar rose against its U.S. counterpart, despite the release of downbeat New Zealand trade balance numbers, while its Australian counterpart was steady near two and half week lows...