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Online Money maker / Independet Trader

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Andrius Kulvinskas
Published post Gold inches higher ahead of the European session
Gold prices inched higher on signs of weakness in the European equities even though Greek fears continue to subside. Safe haven demand may return on weak European equities The metal may see a rise in safe haven demand as the major European equity futures are trading in the red...
Andrius Kulvinskas
Published post GBP/USD steadies ahead of UK data
GBP/USD pared previous gains and steadied above 1.5150 levels as traders now await UK Service PMI reading which may beat market estimates following previous upbeat PMI reading from the UK. Sustains above 1.5150 The GBP/USD pair traded flat at 1.5156 levels, retreating from day’s high posted at 1...
Andrius Kulvinskas
Published post EUR/USD likely to retest 1.1535 levels
FXStreet Editor and Analyst, Omkar Godbole, expects EUR/USD might make another move towards its previous high at 1.1535 levels, with technicals supporting this view. Key Quotes “The pair witnessed an upside breakout from the trading range to test 1.1535 levels, before finishing at 1.1482 levels...
Andrius Kulvinskas
Published post NZD/USD rallies on RBNZ Wheeler’s speech
- NZD/USD extended its recovery mode in to the European morning, rallying to fresh session highs as traders continue to cheer Reserve Bank of New Zealand (RBNZ) Governor Wheeler’s dovish tone. Retraces from day’s high at 0.7449 Currently, the NZD/USD extended gains and trades at 0...
Andrius Kulvinskas
Published post Support & Resistance for EUR/USD
For today R4 - 1.1652 / R3 - 1.1587 / R2 - 1.1540 / R1 - 1.1500 SPOT 1.1471 S1 - 1.1449 / S2 - 1.1420 / S3 - 1.1360 / S4 - 1.1337 BUY AT 1.1427 FOR 1.1652 OBJECTIVE, STOP 1.1360...
Andrius Kulvinskas
Published post Session Recap: Oil rallies, USD falls
Dollar weakness was the theme of the day on Tuesday, and although there were no clear catalysts for the USD sell-off, oil recovery worked against the US currency for sure. EUR/USD rose 2 big figures and scored a high of 1.1533 amid headlines about Greek debt negotiations...
Andrius Kulvinskas
Published post Talk of a Grexit is premiture - BBH
Analysts at Brown Brothers Harriman noted the other the positive market reception to Greece's proposals. Key Quotes: "The essence of the new government's proposals is for a bond swap. It wants to exchange its bonds in the official sector with growth-linked bonds and perpetual bonds for the ECB...
Andrius Kulvinskas
Published post EUR/USD finds strong resistance at 1.1450; sideways
The Euro is the winner of the day; however, it's experiencing difficulties extending gains versus the US Dollar. After climbing over 100 pips from 1.1335 to trade at highs since January 22 at 1.1450, the EUR/USD is trading sideways now...
Andrius Kulvinskas
Published post AUD/USD recovers from six-year lows
The AUD/USD pair recovered from six-year low of 0.7624 as the recovery in Crude prices eased concerns of falling inflation expectations in the advanced world...
Andrius Kulvinskas
Andrius Kulvinskas
Trading plans are great in theory, but can you follow them in real time trading?
Andrius Kulvinskas
Published post US stocks likely to see a positive start
The US stocks are likely to see early buying after seeing a late strength in the previous session. The major index futures in the US are indicating a higher open for the markets. At the time of writing, the DJIA futures traded 0.43% higher at 17,373.50 levels, while the S&P futures traded 0...
Andrius Kulvinskas
Published post EUR/USD challenges 1.1400
EUR/USD pushed higher and briefly rose above the 1.14 mark at the beginning of the American session, amid comments about Greek debt situation...
Andrius Kulvinskas
Published post EUR/USD short-term technicals mixed – Scotiabank
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that EUR/USD short-term technicals as mixed, with the pair still trading within its 8-session range of 1.1098 – 1.1423. Key Quotes “EUR is flat, still trading within its 8‐session range of 1.1098 to 1...
Andrius Kulvinskas
Published post Oil erases losses for 2015 as majors take action
Oil prices rallied again Tuesday, with producers announcing spending cuts that added to a slew of positive factors helping to drive the commodity higher. U.S. crude climbed more than $1.50 a barrel on Tuesday and was trading above $51 a barrel by 12:30 p.m GMT (7:30 a.m. EST...
Andrius Kulvinskas
Andrius Kulvinskas
My lucky 5 pips https://www.mql5.com going great
Andrius Kulvinskas
Published post RBA joins the central bank parade – BBH
The Brown Brothers Harriman Team shares that RBA has joined the central bank chorus of easing policy by slicing 25bps off its rates, and further add that there exists possibility of another rate cut in Q2. Key Quotes The Reserve Bank of Australia joined the chorus of central banks to ease policy...
Andrius Kulvinskas
Published post USD/CAD falls to fresh one-week lows
The US dollar shaved off previous gains and fell back in red as solid recovery in oil prices lifted the resource-lined loonie. 1.2500 levels eyed Currently, the USD/CAD trades at fresh one-week lows of 1.2532 levels, down -0.28% on the day, retracing from day’s high at 1.2644 levels...
Andrius Kulvinskas
Published post WTI set to surge further – BAML
The Research Team at Bank of America-Merrill Lynch, expects WTI Crude’s gains to continue towards $54.33 levels. Key Quotes “Evidence suggests that Friday's surge higher in WTI has further to run...
Andrius Kulvinskas
Published post Silver gains more than 2%
Silver prices advanced today after having capped losses around USD 17.00 for last four trading sessions. Gains capped at 10-DMA The gains in the metal have been capped at the 10-DMA located at USD 17.68/Oz levels...
Andrius Kulvinskas
Published post With RBA likely to act further, AUD/USD might move towards 0.70 – Rabobank
Jane Foley, Senior Currency Strategist at Rabobank, forecasts AUD/USD to head towards 0.70 levels over the next 12 months as the threat of further RBA policy action increases...