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The American Petroleum Institute (API) on Tuesday reported an increase in US oil reserves by 7.29 million barrels for the week ending March 1. The previous week ending February 22, the API reported a drop in oil reserves of 4.2 million barrels...
After Watching This Video you will get *Basic concepts about Forex trading *Concept about Currency Pair. *What factors play a systematic role for Profit or Loss...
The economies of France and Germany are slightly recovering. Italy’s annual GDP figures indicate a technical recession: mid-duration yields are starting to tick upwards with 10-years at 2.75%. That’s 1% below Greece (highest in EU), but Greek yields are falling while Italy’s are heading higher...
Today China’s National People’s Congress reduced its economic growth target to 6.00-6.50%, announced a policy of “easing for stability” and initiated meaningful tax cuts. Policy remains focused on fiscal stimulus over credit expansion...
Trading strategy for MetaTrader 4 based on the SFT Horizontal Volume indicator Multicurrency strategy - suitable for any currency pairs, as well as for trading metals, options and cryptocurrency (Bitcoin, Litecoin, Ethereum, etc.) Trading can be conducted on any timeframe...
Australian Central Bank kept rates on slowing economy SYDNEY (Reuters) - The Central Bank of Australia maintains an optimistic outlook on the economy after it kept rates at a record low on Tuesday, which was an expected step just a day before GDP data is likely to show that internal momentum is a...
Pivot (invalidation): 56.05 Our preference Long positions above 56.05 with targets at 56.65 & 57.00 in extension. Alternative scenario Below 56.05 look for further downside with 55.55 & 55.05 as targets...
Pivot (invalidation): 15.2700 Our preference Short positions below 15.2700 with targets at 15.0000 & 14.8400 in extension. Alternative scenario Above 15.2700 look for further upside with 15.3900 & 15.5000 as targets...
Pivot (invalidation): 1292.50 Our preference Short positions below 1292.50 with targets at 1282.50 & 1276.50 in extension. Alternative scenario Above 1292.50 look for further upside with 1297.00 & 1304.00 as targets...
Pivot (invalidation): 2780.00 Our preference Long positions above 2780.00 with targets at 2803.00 & 2816.50 in extension. Alternative scenario Below 2780.00 look for further downside with 2764.00 & 2750.00 as targets...
Pivot (invalidation): 11582.00 Our preference Long positions above 11582.00 with targets at 11650.00 & 11690.00 in extension. Alternative scenario Below 11582.00 look for further downside with 11515.00 & 11415.00 as targets...
Pivot (invalidation): 5.3670 Our preference Long positions above 5.3670 with targets at 5.3980 & 5.4050 in extension. Alternative scenario Below 5.3670 look for further downside with 5.3490 & 5.3340 as targets...
Pivot (invalidation): 0.7100 Our preference Short positions below 0.7100 with targets at 0.7065 & 0.7035 in extension. Alternative scenario Above 0.7100 look for further upside with 0.7120 & 0.7145 as targets...
Pivot (invalidation): 1.3290 Our preference Long positions above 1.3290 with targets at 1.3340 & 1.3370 in extension. Alternative scenario Below 1.3290 look for further downside with 1.3270 & 1.3240 as targets...
Pivot (invalidation): 1.0005 Our preference Short positions below 1.0005 with targets at 0.9970 & 0.9955 in extension. Alternative scenario Above 1.0005 look for further upside with 1.0020 & 1.0035 as targets...
Pivot (invalidation): 111.60 Our preference Long positions above 111.60 with targets at 112.00 & 112.25 in extension. Alternative scenario Below 111.60 look for further downside with 111.30 & 111.05 as targets...
Pivot (invalidation): 1.3190 Our preference Short positions below 1.3190 with targets at 1.3140 & 1.3105 in extension. Alternative scenario Above 1.3190 look for further upside with 1.3225 & 1.3255 as targets...
Pivot (invalidation): 1.1350 Our preference Short positions below 1.1350 with targets at 1.1310 & 1.1290 in extension. Alternative scenario Above 1.1350 look for further upside with 1.1370 & 1.1390 as targets...
GBPUSD faces price weakness with eyes on 1.3108 support zone. This is coming on the back of a move lower the past week. Support stands at 1.3150 level. Further down, support comes in at the 1.3100 level where a break will turn focus to the 1.3050 level. Further down, support lies at the 1...
