The XAU is an index of gold and silver stocks. The XAU bottomed in November 2014 below 62 at a 14 year low, down approximately 73% from its 2011 high at approximately 230. As of Friday March 20 it closed at 69.27...
USDCAD USDCAD has fallen steadily since recording a new 6-year high last week Our near-term trend bias is higher in Funds while above 1.2360 However, a move back through the February closing high at 1.2715 is needed to reinvigorate the uptrend A very minor turn window is eyed today...
Possible positions for this week The EUR/NZD looks interesting for going short on pullback in the Daily chart. The pullback is taking place so the opportunity seems to come very soon now. The EUR has a currency score of 2 at the moment and increased with 1 point compared to last weekend...
Did you know that brokers or market makers can trigger your stop loss on a short trade just by spiking the spread? This does not appear in the history data or show up in charts, as those only show the bid price...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and GBP/USD. EUR/USD: had another volatile session yesterday but has opened unchanged in Europe...
Lee Kuan Yew, 91, who passed away on Monday, was a towering figure for Singapore, presiding over the country's independence from Malaysia in 1965...
The threat that the strengthening dollar will push already low inflation back into negative territory is highly exaggerated, according to a new research from the Cleveland Fed...
Ichimoku Trading Strategies For Finding Winning Trades by Hubert Senters | Real Traders Webinar A brief look at the terminology, signals and methods for taking trades using Ichimoku Kinko Hyo. ============== Ichimoku threads/posts on mql5.com forum The theory of the signals...
Possible positions for this week The EUR/NZD looks interesting for going short on pullback in the Daily chart. The EUR has a currency score of 1 and looks weak against the NZD, CHF, AUD and neutral against the other currencies...
Nomura Holdings, Inc. (野村ホールディングス株式会社) is a Japanese financialholding company, and a principal member of the Nomura Group...
Following the FOMC statement last Wednesday evening, the currency markets are generally lacking direction and this is showing no signs of settling down quite yet...
While Bank of America Merrill Lynch remains long term EUR/USD bears, their technical strategy team acknowledges that the the near term setup points to a further corrective squeeze higher. "Gains should be limited to 1.0995/1.1098, but could extend as far as 1...
Click on my name above for further discussion see chart below."Everything should be made as simple as possible, but not one bit simpler" Albert Einstein...
A stop in the dollar’s rapid acceleration against the euro could threaten exporters’ leadership of the rally in European stocks, according to J.P. Morgan Cazenove analysts...
EURUSD “There is a long term level to be aware of. The line that extends off of the 2008 and 2010 lows is at about 1.0545 this week. The March 2003 low is at 1.0499. The next area of long term interest probable isn’t until about .96 (2001 high and Sep 2002 low). Above 1...
Why Greek default looms Robert Peston Economics editor 23 March 2015 I have used the metaphor before of Greece and Germany being a feuding married couple, not really wanting a divorce but so unable ever to understand the other's point of view that terminal rupture remains a significant probabilit...
Spot Forex “Spot Forex” means that you are just trading one currency for another, and back again when you take the profit or loss. There is nothing complicated about this. The term “spot” originally signified that it was for actual next day delivery...
Our systems were accurately predicting the trends: Red arrow down = Down trend Blue arrow Up = Up trend Yellow X = Stay out GBPUSD D1...
Our systems were accurately predicting the trends: Red arrow down = Down trend Blue arrow Up = Up trend Yellow X = Stay out EURUSD D1...