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Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, December 21st The yen showed one of the best results across the market in Asia outperforming its American counterpart...
Swing trading is a much better style of trading as compared to scalping. In swing trading, quality of trades count more than the quantity of trades. The aim should be to make high Reward to Risk trades. Watch this video tutorial on how to make 100-800 pips per trade...
On 14 Dec 2016 11:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for USDZAR currency pair at 13.6715 under 41, 270, 57. The position closed on 21 Dec 2016 01:00 AM UTC at 13.984 and the profit was 2.29%. AdMACD parameters for USDZAR on close were 56, 240, 58...
Have AUD and CAD Bottomed? . After falling for 4 straight days, the Australian and Canadian dollars finally rebounded against the greenback. Unfortunately the gains have been shallow so it is far too early to draw the conclusion that commodity currencies have bottomed...
Brexit Briefing: British Pound Under Pressure as May, Sturgeon Clash Talking Points UK Prime Minister Theresa May says if Scotland were to become independent it would no longer be in the EU. Scotland’s First Minister Nicola Sturgeon wants EU market access and more power...
Are U.S. Stocks Expensive? Yes. Talking Points: As euphoria has swept global markets after U.S. elections, prices have run very far, very fast. And while many are debating whether stocks are ‘expensive’ here, data indicates that U.S. stocks are at historically-elevated levels...
BRENT OIL m30 What would you tell this price action? Buy or sell? The truth is shown here: We see Brent oil STRENGTH is falling and USD strength is some bars later rising which force oil to drop...
Product: https://www.mql5.com/en/market/product/19974?source=Site+Blogs MHS Recovery is not a fully automated expert, but it is a tool that can help you come out of the wrong trades without loss...
GBPUSD: The pair remains vulnerable to the downside having continued to face bear pressure. On the downside, support lies at the 1.2300 level where a break will turn attention to the 1.2250 level. Further down, support lies at the 1.2200 level...
Quadratic Discriminant Analysis Classifier uses a quadratic function of predictors. Another assumption that Quadratic Discriminant Analysis uses is the variance of the classes not being equal. This helps it make it more powerful than the Linear Discriminant Analysis...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, December 20th And another rate decision approached the market this morning. The BOJ left its interest rate unchanged at -0.1% with upbeat outlook of the economy...
On 15 Dec 2016 06:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for USDJPY currency pair at 117.902 under 5, 12, 39. The position closed on 20 Dec 2016 01:00 AM UTC at 117.276 and the profit was 0.53%. AdMACD parameters for USDJPY on close were 13, 70, 4...
GBP/USD is a pair that is highly volatile. You never know when it changes it direction. The trick to make a lot of pips with GBP/USD is to keep the risk as low as possible. You can do that by reading the charts and doing your analysis correctly...
Will USDJPY Slip Further on BoJ? The U.S. dollar traded higher against all of the major currencies today except for USD/JPY, which extended its losses for the second day in a row. The topsy-turvy moves in U.S. rates stripped the dollar of its gains against other major currencies...
Pivot Points Daily Last Updated: Dec 19, 3:15 pm -08:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.02493 1.03364 1.03687 1.04235 1.04558 1.05106 1.05977 USD/JPY 114.34 115.766 116.42 117.192 117.846 118.618 120.044 GBP/USD 1.21209 1.22679 1.2329 1.24149 1.2476 1.25619 1.27089 USD/CHF 1.01337 1.01953 1...
Pivot Points Hourly Last Updated: Dec 19, 3:15 pm -08:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.03782 1.0388 1.03941 1.03978 1.04039 1.04076 1.04174 USD/JPY 116.891 116.997 117.035 117.103 117.141 117.209 117.315 GBP/USD 1.23336 1.2365 1.23767 1.23964 1.24081 1.24278 1.24592 USD/CHF 1.02396 1...
Background: Weak Entry reason (1st trade): Low volume up bar on resistance, with weakness behind Close reason (1st trade): Demand signal Entry reason (2nd trade): Low volume up bar and failed test Following up on last week's post about Euro/Yen, upon reaching the resistance, this pair continued t...
In the Currency Strength table the NZD was the strongest currency while the EUR was the weakest. All the currencies are more or less at the same level as last week. The CAD remains strong for the last 2 weeks with a score of 7...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: USD(5X) followed by the CAD(2X) with the GBP(2X). The weaker currencies are the JPY(4X) followed by the EUR(3X). A nice combination for coming week may be e...
