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The Euro rebounded against the US Dollar as expected having produced a bullish Morning Star candlestick pattern. A daily close above the 50% Fibonacci expansion at 1.1320 exposes the 61.8% level at 1.1439. Alternatively, a turn below the 38.2% Fib at 1.1202 opens the door for a challenge of the 1...
Gold prices were steady near a three-week low touched in the previous session on Thursday, traders were keeping an attentive eye on developments surrounding negotiations between Greece and its international creditors...
On Thursday the euro touched a high of nearly five months against the yen in Asia trade as the single currency reversed the losing course against other currencies following revisions to the eurozone’s inflation forecasts...
Analysts at Goldman Sachs are telling clients to look for the Federal Reserve to raise interest rates above the current level of 0% in mid-September. However, in an email authored by Chief Economist Jan Hatzius, this forecast for rising interest rates to begin in September remains “a close call...
At present time USDCHF near to our advanced realforexsignals BUY Stop Line 0.93451 So we expect here perfect buy Trend.So at this place we can conform once again our sell entry point using the above realforexsignals strong indicator...
Taiwan will launch Chinese yuan forex futures on July 20 - four sources with direct knowledge of the matter said on Wednesday, in the island's latest efforts to become a major offshore yuan market...
China shares are in a bubble but the market has outstripped its fundamentals and is 23 percent overbought, Credit Suisse said. "Margins, profitability and value creation continue declining as productivity growth lags real wage growth and product selling prices are eroded...
CHF/JPY: Long Little changes compared to yesterday. Position has been opened on May 6. The pair was low in the ranking list for about 2 weeks until last week and is now back high in the Top 10 with a rank of 2. The CHF has a currency score of 8 and the JPY a score of 1 most of the time lately...
Let's make a simple and quick introduction to one of the most interesting fields today - Data Mining. There is a wide range of Data Mining applications. We should integrate Data Mining in our FX trading. FX, FOREX or the Foreign Exchange FX is the biggest market in terms of daily traded volume...
Well there was a big melange of information in the last 24 hours which has put the FletcherGoldman signal under pressure. The jump in the EURUSD is the key driver for the momentum halt. The EUR experienced its strongest 24 hour rally this year, and the move was driven by a number of factors: 1...
According to the two firms, the strategic partnership offers Bitcoin payments to X-Cart’s European customers; this will help X-Cart gain Bitcoin capabilities for its customers...
The (RBI) governor Raghuram Rajan broadly disappointed markets and analysts by cutting repo rate by just 25 basis points to 7.25%. Most analysts termed the rate cut a non-event, with the broader consensus being that 50 basis points cut were warranted...
The euro rises followed volatile session when the single currency climbed more than 2 per cent against the dollar which was one of its biggest daily rises in more than three years...
Like other formations on the candlestick patterns, patterns or formations Harami describes real time price sentiment that exists in the market. Once you see the pattern there by covering the candle, you can look to the next candle to identify bias and point the obvious risks...
Most traders will instruct you to exchange basic moving average crossovers of and the benefits will tumble from the sky. Indeed, shockingly this is not exact. Frequently time's stocks will tick over or under moving average to just proceed in the essential direction...
"Our monetary policy measures have contributed to a broad-based easing in financial conditions, a recovery in inflation expectations and more favourable borrowing conditions for firms and households," ECB President Mario Draghi said after the bank left its key interest rate unchanged at 0.05...
Gold declined in early U.S. trading, as the yellow metal is once again impacted the U.S. dollar index, which is higher on Wednesday. Market players are now digesting ADP national employment report and trade data from the U.S., as well as ECB President Mario Draghi comments...
Daily price for this pair was on bear market rally since the beginning of last week: price crossed Senkou Span B line and came to the Ichimoku cloud for ranging. For now - D1 price crossed 'reversal' Senkou Span A line and came to the primary bullish zone on close daily bar with 2...
2015-06-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Trade Balance] past data is -51.4B forecast data is -43.9B actual data is -40.9B according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
