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There is a price retracement to 1097 due for some time as i mentioned in one of my previous posts. Will it happen tomorrow or next month is to seen. If it happens today, then, it would be an indication to close the BUY order and enter a SELL order...
EUR/USD: decisive week for direction. The price just reversed to the bullish trend by crossing Ichimoku cloud and all Senkou Span lines...
GOLD: Having closed higher the past week, further bullishness is likely though hesitating on Friday.However, beware of a mild price pullback. Support comes in at the 1,110.00 level where a break will aim at the 1,200.00 level. A cut through here will open the door for move lower towards the 1,080...
In this article I will provide my view on the GBP/NZD and the AUD/USD. These are the pairs that I am currently interested in or was interested in last weeks for trading with the FxTaTrader weekly strategy...
GBP/USD: reversed to bullish. This pair finally crossed Ichimoku cloud from below to above and came to the bullish area of the chart by two closed daily bars. The price was stopped by 1.5659 resistance level with 1.5689 as the next bullish target. The bearish key reversal target/level is 1...
Here’s the market outlook for this week: EURUSD Dominant bias: Bullish This pair rose by 250 pips last week - from the support line at 1.0950 to the resistance line at 1.1200, before falling back to close the week at 1.1110. Price really met a challenge at the 1...
EURUSD: With EUR seeing closing higher the past week, it now faces the risk of following through higher in the new week. Note that we may see a slight pullback in the new week. Support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim at the 1...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my review on the FxTaTrader strategy...
Basically triangular pattern or triangle consists of three types of symmetrical triangle pattern (symmetrical triangle), triangular pattern uphill (ascending triangle) and a triangular pattern decreases (descending triangle). -pola Patterns are often encountered in practice...
GBP/CAD: bullish breakout. This pair is on bullish condition for ranging within consolidating levels: 2.0204 support and 2.0627 resistance...
EURCHF: The cross may be biased to the upside in the medium term but its price failure taking back more than half of its gains the past week could trigger a full blown correction. Corrective signs are already seen on the daily chart. Support lies at the 1...
The European aviation and safeguard (A&D) segment income development rate of 5.4 percent outpaced the United States' development rate of 1.3 percent, for the most part ascribed to the negative income execution of the U.S...
Greece: Real total national output (GDP) development rate from 2010 to 2020 (contrasted with the earlier year) The measurement portrays Greece's total national output (GDP) development rate from 2010 to 2014, with projections up until 2020...
This trading week was ended with bullish ranging: the price was on primary bullish condition and it was stopped by 125.27 key resistance level, and for now - the price is ranging between 125.27 resistance and 123.78 support levels...
Firstly, a few words about the forecast for the previous week: - For the EUR/USD pair, most experts predicted a downwards trajectory, and only 19% of them spoke about a continuation of the upward trend...
The International Monetary Fund (IMF) Thursday yesterday said they need the decision of other European Union members over Greece aid package, will they contribute or not in the bailout...
Russia Billionaires Do Savings Moscow, Russia seems to trim the budget, the billionaire to fly private planes using the alias of private jets...
Oman's Daily Oil Output Tops 1 Million Barrels for First Time Oman, the greatest oil maker in the Middle East outside OPEC, said its unrefined and condensate generation in July surpassed 1 million barrels a day surprisingly...