The dollar index has gained nearly 2 percent since the last week. Fueled by the prospect of Fed rate hikes, dollar may start leading again, analysts say. The question is whether the rate hike will be aggressive enough to fuel the dollar rally...
1. Financial freedom Being a successful trader not only means that you can make a lot of money, but much more importantly, it means you have freedom. You have freedom to essentially do what you want when you want, and you really can’t put a price on that. 2...
2015-05-28 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Unemployment Claims] past data is 275K forecast data is 271K actual data is 282K according to the latest press release if actual < forecast (or previous data) = good for currency (for USD in our case...
- Some institutional banks have been calling for ¥125.00 as the next big target for bulls on the pair. Indeed, at the current pace of appreciation, we might just be sessions away from that objective to be met...
The euro failed to stage a major rebound on the prospects of a deal between Greece and its creditors, and declined again as the US currency regained a stronger footing. The 19-nation bloc currency fell 0.14% and traded at $1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, May 28th EUR/USD was down on Wednesday touching the 1.0818 during the European session. It was the pair’s lowest point since April 27...
2015-05-28 02:30 GMT (or 04:30 MQ MT5 time) | [AUD - Private Capital Expenditure] past data is -1.7% forecast data is -2.3% actual data is -4.4% according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case...
An upward revision in the U.K. 1Q Gross Domestic Product (GDP) print may heighten the appeal of the British Pound and spur a near-term rebound in GBP/USD as signs of a stronger recovery raises the Bank of England’s (BoE) scope to normalize monetary policy sooner rather than later...
GBPUSD: Trading The Electoral Gap Yesterday's low did not quite close the gap created by the UK elections. However the trend and resistance levels favour of another attempt lower, whilst we trade below 1.5370 At current levels we could see a quick conclusion to this trade plan...
The USDJPY has finally broken out of its 6-month consolidation pattern and looks likely to continue higher. Though looks can be deceiving! Either way it's currently going gang busters and testing out the FletcherGoldman strategy...bring it on...
The strong selloff in EURUSD since the start of last week suggests that the long-term downtrend may be resuming after a sub-50% retracement in April and early May. Friday's big Bearish Engulfing Candle, along with the break back below key previous-resistance-turned-support at 1...
Hi Traders, New text with the market analysis. Visit: http://investidordigital.com/2015/05/25/franco-volatil/ Thanks...
CHF/JPY: Long Position has been opened on May 6. The pair was low in the ranking list for about 2 weeks until yesterday and is now back in the Top 10 with a rank of 6...
The basic elements of the strategy are as follows: 1. Identify a market that is in a bear trend on the 5 minute chart 2. Wait for a retracement in which the low of latest candle is above the 20 EMA 3. Go short, targeting the low of the day...
2015-05-27 15:00 GMT (or 17:00 MQ MT5 time) | [CAD - Overnight Rate] past data is 0.75% forecast data is 0.75% actual data is 0.75% according to the latest press release if actual > forecast (or previous data) = good for currency (for CAD in our case...
Interview with Al Brooks, price Action day trader and the author of 'Trading Price Action Reversals'
1. Brooks is a price action trader with 27+ years of experience. 2. He is an active day trader, trading off the 5 minute chart. He trades the entire day. 3. He has a purely technical approach, relying totally on price action with just a few moving averages. 4...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, May 27th The U.S. dollar was broadly higher against the basket of major currencies on Tuesday after the release of data on U.S...
D1 price is on breakdown for trying to cross 1185.50 support level for the breakdown to be continuing. The price is reversed from the primary bullish to the primary bearish market condition on close D1 bar...