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In this post I will show how easy is for one to be fooled by the Growth statistic shown in the signals. As the MT4 signals measure growth based on balance and not based on equity here we go. You can see a demo signal I created for this here ( https://www.mql5...
USDJPY: The pair saw a saw recovery during early trading today opening the door for correction in the days ahead. On the downside, support comes in at the 108.00 level where a break if seen will aim at the 107.50 level. A cut through here will turn focus to the 107...
At its monetary policy meeting this Thursday the 14th, we expect the Swiss National Bank to do nothing significant – which will keep the Euro on its upward trend against the Franc...
Consolidating above $4000. (By Yann Quelenn ) • Bitcoin has seen some buying interest. However, short term selling pressure suggests a limited upside potential. However, technical...
Sharp decline. (By Yann Quelenn ) • Crude oil has strongly declined after the commodity monitored the $50 level. Key support is given at 45.40 (17/08/2017 high). Strong...
Pushing higher. (By Yann Quelenn ) • Silver has broken its key resistance at 17.75 opening the way for a test of the strong resistance at 18.65 (17/04/2017 high) while...
Consolidating within uptrend channel. (By Yann Quelenn ) • Gold has seen increased buying interest, clearing rising trend-line. Hourly support is given at a distance 1326 (gap low). Key resistance is...
Further sideways consolidation likely. (By Yann Quelenn ) • EUR/CHF has sharply declined near the resistance area between 1.1356 and 1.1472 Further medium-term sideways moves are...
Riding lower. (By Yann Quelenn ) • EUR/GBP has bounced off support. However, as long as prices remain below the resistance at 0.9176 (declining trendline), the short-term...
Bearish consolidation. (By Yann Quelenn ) • AUD/USD is now consolidating lower after the pair successfully tested the rising trendline support at 0.7881 and has broken the hourly...
Bearish. (By Yann Quelenn ) • USD/CAD is moving lower, confirming an underlying declining trend. Hourly support is located at 1.1945 (29/04/2015 low). Resistance is...
Challenging support area above 0.9400. (By Yann Quelenn ) • USD/CHF is trying to bounce. Strong resistance is given at 0.9771 (15/06/2017 high). The pair is likely to head further lower below...
Bullish consolidation. (By Yann Quelenn ) • USD/JPY is consolidating higher but the trend is clearly negative. Strong support is located at 106.95 (08/09/2017 high). Expected to show...
Strong bullish trend. (By Yann Quelenn ) • GBP/USD has pushed above rising trend-line resistance, confirming an improving short-term technical structure. Strong support is given at...
Holding above 1.2000. (By Yann Quelenn ) • EURUSD has broken the resistance implied by its horizontal resistance, confirming an improving technical structure. Hourly resistance can be...
EUR/USD reached the level of 1.21 on Friday and today moved down to the area of 1.2015 and can test the resistance of 1.20. USD/JPY returned to the range above the level of 108.00 and tested a maximum in the area of 108.54 at the beginning of the day. USD/CHF came close to the resistance of 0...
The Swiss National Bank has traditionally stated that the Swiss franc is overbought, consistently advocating a soft monetary policy in the country...
Hi traders, At this situation, I prefer to prepare a trade plan at strong Support level that we expected the price will soon rebound after hit the level. This screenshot has many words to explain, and people who understand to work with supply and demand would be able to get the benefit on it...
