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The International Monetary Fund (IMF) carry out an assessment of the Chinese economy back on last Friday, at the end of the decline in the exchange rate of the yuan and the global stock market experienced shrinkage due to bad news from the bamboo curtain country...
W1 price is located above 200 period SMA (200-SMA) and above 100 period SMA (100-SMA) for the primary bearish market condition: the price was stopped by Fibo resistance level at 1.3213: the price is traded near 1...
Skandinaviska Enskilda Banken estimated the most strength pairs to trade for the next week: EUR/CAD, EUR/AUD and NZD/USD: "Trends EUR is in a strong uptrend as EUR crosses are found among the top 9 trends. Stretches...
Int'l financial institutions are continuing to analyse the situation with the USD after FOMC Meeting Minutes, and "developments" in China, Greece and commodities...
EURGBP: Sees Price Extension With Eyes On 0.7222 Level EURGBP: With the cross strengthening further on Friday following its Thursday gain, further bullishness is likely towards its key resistance seen at the 0.7222 level. On the upside, resistance lies at the 0...
Current trend Yesterday, the CHF significantly grew against the USD, which was a result of the poor FOMC Minutes, published on Wednesday. Furthermore, Jobless Claims in the US grew from 273 K to 277 K. At the same time, the CHF was supported by macroeconomic statistics, published on Thursday...
Weekly price for CAC 40 Index (French stock market index) is on bullish for the secondary ranging market condition. Price is located between 5267.5 key resistance level and 4597.5 key support level...
China's stock market had yet another sell off on Friday, shedding 4.21% to wipe away the remaining gains from a dramatic market rescue launched by Beijing in early July...
Waiting for today's D1 candle to close, i have some thoughts to share about the eurusd price movements. To have known for more than a month about the euusd price movement to 1.12 and not make money on that knowledge and face the risk of losing the account is very typical in forex trading...
First Bitcoin academy in the African continent is to play important role in the study of cryptocurrency and it has opened its doors for organizations and individuals to learn more about Bitcoin and Blockchain...
Gold prices are sharply higher and trading close to a five-week high on Thursday but the metal must to keep the momentum. Market strategist Bill Baruch said that the minutes from Wednesday’s FOMC is the key catalyst behind gold’s run...
Waiting for today's D1 candle to close, i have some thoughts to share about the gold price movements. To have known for more than a month about the gold price movement to 1170 and not make money on that knowledge and face the risk of losing the account is very typical in forex trading...
GBP/NZD: bullish. The pair is on bullish condition for the ranging between 2.2671 key support level and 2.4021 key resistance level. Tenkan-sen line is far above Kijun-sen line of Ichimoku indicator for the bullish trend to be continuing. We think that 2...
GBPJPY: GBPJPY may be consolidating within its broader range but looks to weaken further towards the 191.93 zone. On the downside, support comes in at the 192.00 level where a violation will aim at the 191.00 level. A break below here will target the 190.00 level followed by the 189.00 level...
W1 price is on primary bearish with secondary ranging: key support level is 0.7234 as a good bearish target. Descending triangle pattern was fomed by the price with 0.7234 support to be crossed for the bearish trend...
For some time now that I’ve been looking closely at the Yen’s daily movements. Prices are swinging around a resistance made back in 2007, and it’s interesting to note that so far there has been a rejection of new highs...
GOLD (XAUUSD) Gold experienced a smooth downwards movement in July - consolidating for about two weeks from the beginning of August before breaking upward last week, consolidating again at the end of last week and breaking northwards again this week… a particularly interesting outcome, as Gold wa...
W1 price is located below 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bearish with secondary ranging between Fibo support level at 1.0807 and Fibo resistance level at 1.1469: the price is trading around 50.0% Fibo level at 1...
USD/JPY: bullish. This pair is on bullish market condition with the ranging between 121.69 key support level and 125.85 key resistance level. The price is trying to break two ascending triangle patterns for the breakout to be started. We think that 125...
