Sergey Golubev / Blog
Let's provide simple forecasting to crude oil at year-end using simple technical analysis tools: support and resistance lines, and Simple Moving Averages indicator (which is standard indicator in Metatrader 4 and Metatrader 5) As we see from the charts below (W1 timeframe and MN1 timeframe for EU...
JP Morgan was not expecting the bullish movement for EUR/USD on the future: "EUR/USD broke above 1.0983/1.1002 (minor 38.2 %/pivot) eased some downside pressure, but only through clear moves above 1.1094 and 1.1108 (h.Ich.-lagging/h. trend) we’d reach neutral territory", says JP Morgan...
Many banks estimated the value of EUR/USD at year-end as 1.04. For example, Barclays made forecasting long time before Grexit, 2 days before Grexit and after Grexit with one same value: 1.04...
W1 price is located above 200 period SMA for the primary bullish and below 100 period SMA for the secondary ranging market condition between 141.05 resistance level and 126.09 support level: the price is on bullish ranging between key levels; price crossed 38.2% Fibo at 135...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish with secondary ranging between 45.17 support level and 69.57 resistance level: Triangle pattern was crossed by the price together with 60...
Harmonic Trading, Volume One: Profiting from the Natural Order of the Financial Markets by Scott M. Carney...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish with secondary ranging between 1306.81 resistance level and 1132.00 support level: The price is ranging between ranging between 1306.81 and 1132.00 levels; If weekly price will break 1132...
The simple truth is that most forex and CFD brokers are trading against their clients. The details in how this is accomplished vary greatly from broker to broker...
W1 price is located above 200 period SMA and above 100 period SMA for primary bullish with small little correction which was started in the end of May this year: The price is on correction with 2050.84 support level and 2134.42 resistance level; If weekly price will break 2050...