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...
Released at 8:30 am eastern standard on approximately the 15th of each month, the Consumer Price Index (CPI) is a measure of the changes in prices paid by urban consumers for a fixed basket of goods and services...
The US Dollar paused to digest below the 120.00 figure after posting the largest daily advance in seven weeks against the Japanese Yen. Near-term resistance is at 119.48, the 23.6% Fibonacci expansion, with a break above that on a daily closing basis exposing the 38.2% level at 121.91...
Generalising the opinions of 35 analysts from world leading banks and broker companies collected in a table as well as forecasts based on different methods of technical and graphical analysis, it can be concluded that… we are at the brink of Christmas and so the main currency pairs shall prefer t...
Dear friends and readers, As a rule, today’s forecast will contain information about how my last forecast worked out and forecast for the coming week (15-19.12.2014). Results of the last forecast The last forecast had worked for 57,14...
The 40% drop in oil prices over the past 6 months has garnered a lot of attention recently, most of it focused on the economic stimulus lower oil prices should provide the global economy, the impact on currency and fixed-income markets and the increase in economic pain suffered by exporters such...
Hi everyone I am a newbie and decided to try my hand at identifying some harmonic patterns can someone confirm if I have correctly identified a possible bearish cypher pattern forming on USDJPY 4H chart. Any help would be appreciated...
Deutsche Bank gives 7 reasons for their position: 1- Yellen was configured hawk way at the last meeting of the Federal Reserve 2- It is very likely QE at the next meeting of the ECB 3- SNB may need to sell EURO 4 Real interest rates have moved back down...
Weekly digest compiles the latest news from the world of stocks and finance, currency forecasts, as well as interesting informative articles for traders. Top news of the week: Why Russia's economic decline will impact the world economy...
A slowdown in Canada’s Consumer Price Index (CPI) may spur fresh monthly highs in USD/CAD especially as the Bank of Canada (BoC) remains reluctant to further normalize monetary policy...
D1 price is on primary bearish market condition with good breakdown of the price movement: The price is located below Ichimoku cloud/kumo with Senkou Span A line as the nearest kumo border which is indicating the primary bearish Chinkou Span line broke the price from above to below which is indic...
The indicator of OsMA, marking the height of bovine activityon the hasp of Down-trends, gives founding to priority ofplanning of trade operations of correction to date...
The indicator of OsMA, marking divergence and decline of bovine activity on the hasp of Down- of trend, gives founding to priority of planning of trade operations of correction with advantage of sales to date...
“You can’t control what the market does, but you can control your reaction to the market. I examine what I do all the time. That’s what trading is all about.” -Steve Cohen, Hedge Fund Manager Why Traders Neglect the Exit As a trader, it’s easy to focus on entering the trade...
The indicator of OsMA, marking the decline of bear activity on the hasp of Up- of trend and going down, gives founding to priority of planning of trade operations of correction with advantage of purchases to date...
ISM Index (Institute of Supply Management's index, former NAPM — National Association of Purchasing Managers) is the index of business activity. ISM figures above 50 are usually considered as an indicator of expansion, while values below 50 indicate contraction...
D1 price is on primary bullish market condition with secondary ranging: The price is inside Ichimoku cloud/kumo above Senkou Span A line which is indicating the ranging market condition within the primary bullish Nearest support level is 1183.66 Nearest resistance level is 1232...
The retail sales number is released at 8:30 am on or around the 13th of each month, and is an estimate of the sales of goods by all retail establishments in the United States...
Since 1 AD, a "Biblical tetrad" has occurred on these holy days a total of 7 times. In 2014-2015, it will be the 8th time. It won't occur again for another 500 years. Are we going to witness some crazy things on the market due to this event...
As there are so many things which can be measured in an economy, there are tons of economic releases every month, with new numbers coming out on almost a daily basis...
