The 12-member Organization of the Petroleum Exporting Countries (OPEC) which controls more than 80% of the world’s oil reserves (as of 2013), is losing its sway over crude-oil prices that it has been credited with in the past...
The key theme on the gold price chart are the two trading ranges since gold’s all time highs. One trading range started end of 2011 and lasted till early 2013, the second one is still in play. In technical terms, both trading ranges took the form of a descending triangle...
The dollar firmed in Asia on Tuesday, having recovered almost all of its payroll-inspired losses as the euro came under renewed pressure. The common currency last stood at $1.0936, recoiling from Monday's $1.1036 peak. The euro has repeatedly failed to hold above $1...
Cart GBPUSD H1: https://www.mql5.com/en/charts/3257369/gbpusd-h1-forex-ltd The indicator of OsMA, marking the substantial height ofactivity of bear side, gives founding to priority of planning oftrade operations of correction...
Chart USDJPY H1: https://www.mql5.com/ru/charts/3257370/usdjpy-h1-forex-ltd The indicator of OsMA, marking the tendency of strengthening of activity of bovine side and factor of OB, gives founding to priority of planning of trade operations of correction to date...
Currency investors should consider staying short AUD/USD and use rebounds to establish short positions at better levels ahead of the RBA meeting this week, advises Barclay Capital in its weekly FX pick to clients The trade is macro-technical driven...
By examining the daily chart of the GBPJPY pair, we easily can notice that the pair has moved aggressively downwards during the previous period after placing a short-term top in the 185.00 regions. The psychological areas of 185.00 intersect with 61.8% Fibonacci of the major decline from 189...
2015-04-06 15:00 GMT (or 17:00 MQ MT5 time) | [CAD - Ivey PMI] past data is 49.7 forecast data is 51.1 actual data is 47.9 according to the latest press release if actual > forecast (or previous data) = good for currency (for СФВ in our case...
US Dollar - "It is difficult to establish at what level the Dollar’s rally has over-reached its fair value as the Fed’s timetable contrasts its ECB and BoJ peers so definitively...
D1 price is on trend reversal from bullish to the primary bearish started on open D1 bar: The price is breaking Senkou Span A line for reversal to be inside Ichimoku cloud/kumo for bearish ranging Chinkou Span line is crossing the price on open bar for good possible breakdown Nearest support leve...
In this article I will provide my view on the EUR/NZD and the AUD/CHF. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
The Pound advanced on several of its peers on Tuesday as UK Consumer Confidence and growth data printed above expected levels. While the GfK gauge of UK sentiment rallied to a 12-year high of 4 in March from 1 in February, the nation’s final fourth quarter growth data was revised to 0...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
USD: Buy the Dip. Bullish. Data from the US have been somewhat soft, and may continue on this track, but data elsewhere are even weaker. We also highlight that the growth slump in the US is likely temporary...
In the episode called "Debtism vs Capitalism", Max Keiser and Stacy Herbert come back to Greece again, discussing its relationship with Germany, why the austerity hurt the poorest the most and if financial gerrymandering takes place in Greece...
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 Hybrid Grid strategy...
Lately the dollar began to lose ground, after winning more than 20% in the last 5-6 months! Personal watching two setupuricorelate strong dollar, namely Silver (or XAGUSD) and USDSGD...
The British Pound may have set a bottom against the Japanese Yen after producing a bullish Morning Star candlestick pattern. Near-term resistance is at 178.48, the 23.6% Fibonacci retracement, with a break above that on a daily closing basis exposing the 38.2% level at 179.73...
While the residual impacts of the more dovish Fed stance still linger in the system, FX markets have not been calmed by this liquidity sedative. Indeed recent market volatility has shown that uncertainty surrounding factors such as Greece and Crude Oil supply are still impacting markets...
* Jobs data disappointment exacerbates thin holiday trading * Greenback weaker, puts Fed rate rise timing into question * Dollar down 1 pct vs euro, Swiss franc, Aussie, Kiwi, Loonie By Daniel Bases NEW YORK, April 3 (Reuters) - The dollar tumbled on Friday after a significantly weaker-than-expec...
