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Bank of Tokyo-Mitsubishi (BTMU) made their fundamental forecasts for EURUSD based on some fundamental factors: "The euro weakened in July with the focus in the foreign exchange market shifting away from the uncertainty related to ‘Grexit’ and back to the monetary policy divergence between the eur...
The dollar tumbled Wednesday after ADP said the U.S. private sector added only 185,000 jobs in July...
Once again, the yellow is locked above black in H1 and H4 and the price is near a low ZZ in D1. Believe that the price will move to the next level of 1110, at least...
On Wednesday the pound was higher against the dollar despite data indicating that growth in the U.K. service sector slowed more than expected last month, signaling that the economic recovery may be losing momentum...
M5 price is located below SMA with period 200 (200-SMA) for the primary bearish market condition. SMA with the period 100 (100-SMA) is located near and above the price, and if the price will break 100-SMA from below to above so we may see the ranging market condition within the primary bearish...
W1 price is located above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) with the primary bullish for secondary ranging between Fibo resistance level at 125.85 and 23.6% Fibo support level at 119...
When it comes to trading on modern markets everyone should think not only about current work instrument but about many related instruments which form a complex unified environment for price movements...
A reading of China's services sector expanded significantly in July, a positive sign that was in sharp contrast to recent soft manufacturing data...
The euro was at 2-week lows against the greenback on Wednesday despite data showing that service sector activity in the euro area rose unexpectedly in the last quarter. The dollar was meanwhile supported after the Fed official said the rate hike may take place as early as September...
Bank of England's governor Mark Carney wants investors to get ready for tighter monetary policy. However, analysts warn him from overplaying his hand on Thursday talking about higher U.K. interest rates, as it may send the pound soaring, which is harmful for the U.K. economy...
On Wednesday gold prices eased slightly in Asia trade after remarks from a Federal Reserve board voting member that a widely expected rate hike this year could be "close...
Deutsche Bank made a forecast for USDJPY for August-October 2015 and for 2016: August-October 2015 "We believe the USD/JPY could jump to a ¥125-128 level over the next few months in reflection of robust US economic indicators...
Hello, This is another Butterfly pattern, but I entered the position yesterday night. Right now, it is looking good. Best Regards, Kellion...
On Wednesday the Australian and the New Zealand dollars slipped against their U.S. counterpart, as investors were jittery on hopes for the soon U.S. rate hike, though trading remained calm ahead of Friday's U.S. nonfarm payrolls report...
I found this Butterfly pattern on EURUSD. My main target is around 23% fib as visible in this chart. SL goes below the last low. Best Regards, Kellion...
2015-08-04 23:45 GMT (or 01:45 MQ MT5 time) | [NZD - Employment Change] past data is 0.6% forecast data is 0.5% actual data is 0.3% according to the latest press release if actual > forecast (or previous data) = good for currency (for NZD in our case...
Expected the price to go up in a hurry like a retracement in D1. But the slow speed at which it is turning around, if at all, is reminiscent of trend change in D1 which could be a retracement in MN time frame...
Venezuelan bolivar and bitcoin Venezuelan Bolivar is going towards its worst phase for value is close to being collapsed: it now takes around 630 Bolivars to purchase for a single dollar...
Weekly price is on bullish market condition for ranging between 17396.4 support level and 18350.3 resistance level: Chinkou Span line is indicating the ranging condition. The nearest resistance levels are 18186.2 and 18350.3. The nearest support levels are 17396.4 and 17033.05...
