USDJPY has come under steady pressure since failing near the 61.8% retracement of the March range at the start of the week Our near-term trend bias is lower while below 120.90 Gann levels at 118.70 and 118...
Weekly Trends
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17 April 2015, 18:11 #resistance, support
Jose Manuel Barroso claims he no longer has to be careful about what he says. But that has not stopped him from being an incurable optimist about Europe’s ability to wrest global economic hegemony from the US and China...
Market News
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17 April 2015, 15:11
GBPUSD has traded steadily higher since finding support earlier this week at the 261.8% extension of the January/February advance Our near-term trend bias is now higher in Cable The 38% retracement of the February/April decline at 1...
Weekly Trends
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17 April 2015, 12:11 #resistance, support
Gold prices have drifted lower and have fallen below unchanged levels after holding modest gains early on and in overnight trading.The overall near-term technical posture of the gold market remains bearish, which has also encouraged some fresh chart-based selling...
Metals
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17 April 2015, 09:11 #xauusd, gold
President Draghi continued to distance himself from verbally jawboning the EUR, continued to rule out another rate cut, continued to say the ECB is rule-based when asked how long they can support Greece, said he saw no signs of a bond bubble, and continued to avoid saying anything to suggest tape...
Forecasts
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17 April 2015, 06:11 #Trading Strategies
We have been suspicious of the action in USDCAD since the dramatic reversal on the FOMC decision last month. It was one of the widest daily ranges in years on some of the highest volume in years. A textbook sign of exhaustion – especially after just seeking out a new high...
Weekly Trends
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16 April 2015, 22:11 #resistance, support
US Dollar declined as expected against the Japanese Yen following the appearance of a bearish Dark Cloud Cover candlestick pattern. A daily close below the 50% Fibonacci retracementat 118.93 exposes the 61.8% level at 118.20. On the other way, the reversal above the 38.2% Fib at 119...
Analytics & Forecasts
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16 April 2015, 18:11 #resistance, support
Ben Bernanke Will Work With Hedge Fund Citadel as an Adviser (NYT) The indomitable benchmarks! (Statistical Ideas) Fighting the Bubble in Bubbles (BV) see also A Bubble in Bubbles...
Market News
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16 April 2015, 15:06 #Google, stock market
Turning Trading into a Performance Activity Characteristics of Successful Traders Undercontrolled vs. Overcontrolled Trading Patterns of Poor Trading Common Behavioral Triggers...
Trading Systems
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16 April 2015, 09:11 #Trading Strategies
2015-04-16 02:30 GMT (or 04:30 MQ MT5 time) | [AUD - Unemployment Rate] past data is 6.2% forecast data is 6.3% actual data is 6.1% according to the latest press release if actual < forecast (or previous data) = good for currency (for AUD in our case...
Forecasts
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16 April 2015, 09:06 #fundamental analysis