Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2017.03.09 10:20
GOLD (XAU/USD) - ranging correction with descending triangle pattern to be formed with 1,206 support level (based on the article)
Daily price is located above Ichimoku cloud and below 200-day SMA in the bullish area of the chart with the secondary ranging condition.If the price breaks 200-day SMA value at 1,263.79 to above so the primary bullish trend will be resumed.If daily price breaks 1,206.59 support level to below so the bearish reversal may be started.If not so the price will be on ranging waiting for the direction of the trend.
Sergey Golubev, 2017.03.13 15:22
EUR/USD Intra-Day Fundamentals: ECB President Draghi Speaks and 11 pips range price movement
2017-03-13 13:30 GMT | [EUR - ECB President Draghi Speaks]
[EUR - ECB President Draghi Speaks] = Speech at a joint conference organized by the European Central Bank and Massachusetts Institute of Technology, in Frankfurt.
From official report:
EUR/USD M5: 11 pips range price movement by ECB President Draghi Speaks news event
Sergey Golubev, 2017.03.15 19:33
Intra-Day Fundamentals - GBP/USD and EUR/USD: Fed Funds Rate and FOMC Statement
2017-03-15 18:00 GMT | [USD - Federal Funds Rate]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.
GBP/USD M5: 85 pips range price movement by Fed Funds Rate news events
EUR/USD M5: 72 pips range price movement by Fed Funds Rate news events
Sergey Golubev, 2017.03.17 14:40
S&P 500: End Of Week Technicals - bullish ranging within 2390-2348 levels for direction (based on the article)
Daily price broke 2373/2380 resistance levels to above for the 2390 bnearest bullish target. If the price breaks 2390 resistance so the bullish trend will be continuing.If the price breaks 2348 support level to below on close daily bar so the reversal of the price movement to the ranging bearish market condition will be started: the price will be located inside Ichimoku cloud.if not so the price will be ranging within 2390-2348 levels for direction.
Sergey Golubev, 2017.03.22 10:32
Dollar Index: support levels at 99.46/99.18 to be broken for the correction to be continuing (based on the article)
Daily price is located below 100-day SMA and above 200-day SMA in the ranging bullish area of the chart. Price is testing descending triangle pattern together with support level at 99.46 and 99.18 to below for the secondary correction to be continuing.
Sergey Golubev, 2017.03.23 09:10
NZD/USD Intra-Day Fundamentals: RBNZ Official Cash Rate and 42 pips range price movement
2017-03-22 20:00 GMT | [NZD - Official Cash Rate]
if actual > forecast (or previous one) = good for currency (for NZD in our case)
[NZD - Official Cash Rate] = Interest rate at which banks lend balances held at the RBNZ to other banks overnight.==========
NZD/USD M5: 42 pips range price movement by RBNZ Official Cash Rate news event
Forecast for Q2'17 - levels for GOLD (XAU/USD)
Sergey Golubev, 2017.03.28 07:36
W1 price located inside Ichimoku cloud for the ranging market condition within the following support/resistance levels:
Chinkou Span line is below the price indicating the possible bullish breakdown by direction, Trend Strength indicator is estimating the trend as a bullish, and Absolute Strength indicator is evaluating the trend as a secondary ranging. By the way, ascending triangle pattern was formed by the price to be crossed to above for the bullish, and Tenkan-sen line is going to be crossed with Kijun-sen signal to above for the bullish trend to be resumed in the near future.
Sergey Golubev, 2017.03.30 09:45
USD/CAD Technical Analysis: daily bullish ranging within narrow s/r levels for direction (based on the article)
Daily price is above 200 SMA in the bullish area of the chart. The price is on ranging within the following support/resistance levels: