First, a review of last week’s forecast: - 60% of experts called the 2015 maximum at the height of 1.1870 as the nearest target for EUR/USD, the pair reached it on Wednesday. As for a longer-term forecast, 80% of specialists expected the trend to reverse to the south and the pair to start falling...
XAUUSD(Risk:100...
XAUUSD(Risk:20): USDJPY(Risk:20): GBPUSD(Risk:20): GBPNZD(Risk:20): GBPCAD(Risk:20...
Ever heard of RobinVOL EA? No? Then you might be new to automated Forex trading. RobinVOL is a classical trading robot that was released in July 2012 by Robin Trading Hub. Since the initial release, the vendor has developed the EA further. RobinVOL 3 was released last year already...
In anticipation of the publication of the monthly report on the US labor market, which will be released today at 12:30 (GMT), there is a sluggish dynamics in the financial markets. Today's data may be key to the dynamics of the dollar and US stock indices...
AUD/USD The Reserve Bank of Australia lowered its forecast for on-year GDP growth by the end of 2017 to 2-3%. And although the regulator still expects the growth of 2.75-2.75% in 2018, today’s report shows how concerned it is with the dynamics of the exchange rate...
Everyone is talking about Bitcoin and Ethereum. By market cap, they have all the rights to do so. But Litecoin seems to become more attractive for businesses everyone, especially those focused on have their assets (partially) in cryptocurrency...
End of day analysis for EURUSD 04-08-2017 The EURUSD pair provided clear positive trading yesterday and attempted to breach 1.1900 level, to keep the bullish trend valid for the upcoming period, supported by the EMA50 that keeps carrying the price from below, waiting to test 1...
Dear readers, at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs, searching for the most profitable conditions to place a trade...
The graph shows the profit that an investor could have received in the Forex market, on just one transaction during the first half 2017, having opened the position on January 1 and closed it on 30 June...
GBPUSD: The pair backed off higher prices again on Thursday to decline on bear pressure. This development leaves risk to the downside in the days ahead. Support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level...
The focus of traders today is the meeting of the Bank of England. As expected, the central bank of Great Britain will keep the key interest rate unchanged after the Bank of England lowered the rate to a record low of 0.25% one year ago...
GBP/USD According to most forecasts, today the Bank of England's Monetary Policy Committee (MPC) will lower the inflation forecast for this year and will vote in favor of maintaining rates at the current level. Most likely, MPC will not raise rates this year due to low rates of economic growth...
MARKET UPDATES *Gold prices may shrug off the service-sector ISM survey and another round of commentary from Fed officials, waiting for Friday’s payrolls data for direction. *NZ Dollar fell with local bond yields, hinting at ebbing RBNZ rate hike outlook...
Dear readers, at the end of New York market session, I analyze volatility (ATR) and trend (SMA) indicators on the majors forex pairs, searching for the most profitable conditions to place a trade...
USDCAD has (finally) broken the wedge on the weekly time frame, so we can see some sort of momentum. Price has formed a bearish AB leg on the daily time frame, and there is CSI supporting trend reversal. I am now looking for price to retrace to the supply zone around the 61.8% Fibonacci level...
NZDCAD has formed a new bearish AB leg on the 4HR time frame. There is CSI confirming trend reversal and I will be looking for price to retrace to the supply zone around the 61.8% Fibonacci area where we can see a supply zone...
EURJPY is currently capped to the downside by a negative trend line. Price has currently retraced into a supply zone around the 50% Fibonacci area. Should there be candle stick information confirming a change in price direction I will sell: Entry: Market (On confirmation) Stop Loss: 150.000...
USDCHF: With the pair seeing price follow through on the back of its Tuesday recover, more strength is likely in the days ahead. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level...
