There is a very interesting pattern in AUDUSD chart. Movement is limited by two important lines: 1. Upper limit: long-term resistance On 04.12.15 we had high activity on the top of the market when price was near the level of previous high (look at the volume and spread). Then up-thrust happened...
What is Modelling Quality When You Back-testing an EA? What is 99% modelling quality and how we can get it. A modelling quality have a connection with broker's M1 historical data and if a broker have M1 clean history without any errors in chart or gaps then you will get better quality...
GBPUSD: Having remained weak and vulnerable to the downside, GBPUSD faces medium term downside pressure. Despite its flat close the past week, we think downside risk is not over yet. This is coming on the back of its loss of upside momentum on Friday (see daily chart). Support lies at the 1...
In a note to clients, Deutsche Bank outlines its 2016 outlook and forecasts for GBP/USD, USD/JPY, and EUR/USD. GBP/USD: "In 2016, the GBP is likely to remain vulnerable most obviously against the USD...
Just I want to share my thoughts about Crude oil price. My assumptions are not based on any fundamentals, which really should be as oil is driven politically rather than by technical charts...
GBPUSD: Having followed through higher on the back of its Wednesday recovery gains, GBPUSD faces further upside pressure. Support lies at the 1.4850 level where a break will turn attention to the 1.4800 level. Further down, support lies at the 1.4750 level...
AUDUSD SELL CALL DOWN 50 PIPS CMP 1.7270 TARGET 1.7210...
Trading recommendations and Technical Analysis – HERE! On the COMEX quote of the February gold futures declined on Wednesday by 0.5% to 1068,30 USD per ounce. However, on Thursday the pair XAU/USD up from the opening day and, it seems, closes trading week in positive territory...
AUDUSD TREND negative 50 PIPS...
Today is #Christmas Eve, so #trading activity in global #markets is low. Asian #stock #indices were mixed. #Oil is rising after unexpected decline in crude inventories in the USA. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
24.12.2015 00:00Christmas Eve Currency: EUR, Importance: Not significant...
U.K growth may have already peaked, according to Société Générale’s Kit Juckes, in response to the recent GDP miss...
GBPUSD RAISE 60 PIPS IN SHORTTERM...
EURJPY: Having turned back lower following a reversal of its intra day gains during Wednesday trading session, EURJPY eyes further bear pressure. This view remains valid as long as the cross trades and holds below the 132.79/99 zone. Resistance resides at the 132...
A retracement in the #oil #market had an influence on #USDCAD, which fell slightly. It is recommended to consider the possibility of #profit taking at current levels. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Yesterday's breakout of support has led #GPBUSD to the achievement of the line of the long-term downward trend channel. Here #investors may take #profits prior #Christmas #holidays. Find out more by checking out the Source Link...
Trading recommendations and Technical Analysis – HERE! Despite the fact that the revised data for UK GDP for the 3rd quarter was worse than expected (2,1% instead of 2.3% as previously thought), GBP/USD rose in the European session after the news...
Dollar ends the year on a positive note, however, closing positions before the #holidays, #traders think about whether the purchases of the U.S. #currency will be relevant in the coming year. Let's look at some arguments in favor of long positions in #USD in #2016...
EURUSD: The pair may have strengthened further on Tuesday but EURUSD faces its key resistance zone at 1.1059/86 with a possible turn back lower envisaged. This view remains valid as long as it continues to trade below the 1.1059/86 zone, its key resistance zone. Support resides at the 1.0850 zone...
