Declining. (By Peter Rosenstreich) • Bitcoin is trading slightly lower. Resistance is located at 12'130 (18/01/2018 high) and is distanced. The short-term technical structure...
After the publication today (09:30 GMT) of data indicating that the growth of activity in the service sector of the UK in January slowed to a 16-month low, the pound declined. The index of supply managers (PMI) for the services sector of the UK economy fell in January to 53.0 from 54...
The U.S. dollar received a boost from Friday’s Non-Farm Payrolls report which came in above expectations. The biggest question among traders is now, whether the dollar’s recovery will be sustained or whether the recent downward move in both EUR/USD and GBP/USD could turn out to be a bear-trap...
WEEKLY OPEN GAP...
GBPUSD breaks the support – Analysis - 05-02-2018 The GBPUSD pair ended last Friday’s trading with clear negativity to break 1.4135 level and settles below it, which puts the price under the correctional bearish pressure again, targeting testing 1.4005 level initially...
*EURUSD needs strong positive motive – Analysis - 05-02-2018* The EURUSD pair begins today’s trading with slight bullish bias in attempt to move away from the key support 1.2390, getting continuous positive support by the EMA50, which keeps the chances valid to continue the overall bullish trend...
BoJ, Kuroda and JPY vs USD GBP EUR Following the comments from the BoJ Deputy Governor Iwata, Reuters reports the key headlines from the BoJ Governor Kuroda’s speech in Parliament. Highlights: Maintaining the 2% price target is very important. We are still halfway to achieve the 2% price target...
EURUSD: The pair closed higher the past week but while trades below its key resistance at 1.2537 there is risk of a correction lower. On the upside, resistance comes in at 1.2500 level with a cut through here opening the door for more upside towards the 1.2550 level...
It’s February, and today we will review the results of the All-in-One Trade (AOTI) indicator versions v3.4 and v3.5 for January 2018. The results we will consider using the simplest levels strategy described here: The Simplest Way to Trade by the Levels...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
A1. Best ever Strategy Tester during last 17 years (EURUSD M30). https://www.mql5.com/en/code/166 1. https://www.mql5.com/en/code/17428 M1 timeframe. *Not Good* 2. Let's consider backtesting of the Expert Advisor on historical data (EURUSD H1, testing period: 2010.01.01-2011.02...
First, a review of last week’s forecast: - EUR/USD. 65% of people thought the dollar would strengthen and the pair would fall. Starting from Monday, the pair obediently went to the target indicated by experts, namely 1.2300. However, a little before reaching the set level of 1...
USDCHF: With the pair halting its weakness the past week, it faces risk of a move higher in the new week. On the downside, support lies at the 0.9300 level. A turn below here will open the door for more weakness towards the 0.9250 level and then the 0.9200 level...
WEEKLY WRAP UP - NFP...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, February 2nd The EUR/USD pair keeps its bid tone at the end of this week, staying in the region of multiyear highs near the level of 1.2500...
Russia’s economy is finally back on its feet. Having endured three years of economic downturn, Russia’s Federal Statistics Service finally published 2017 Real GDP Y/Y at 1.50% that remain below expectations (consensus: 1.70%), two months before presidential...
After the Fed meeting this week, investors are preparing to publishing data from the US labor market for January. Publication of data is scheduled for 13:30 (GMT). Strong data are expected. Thus, unemployment, according to economists, in January remained at the level of 4.1...
EURUSD gets a positive close – Analysis - 02-02-2018 The EURUSD pair continued to provide positive trades to close the daily candlestick above the bullish channel’s support, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards...
