D1 price is on primary bearish with secondary market rally: Chinkou Span line crossed the price on open D1 bar from below to above for good possible breakout. D1 price is crossing Senkou Span A line of Ichimoku indicator to be inside the cloud/kumo for ranging bullish market condition...
EURUSD is on consolidation between the 1.2360 and 1.2500 trading band continues, with clear cues from candlesticks lacking. Yet in the context of a medium-term downtrend the pair may be set to revisit the recent lows near 1.2360. Beneath which would put the August 2012 trough at 1.2250 in sight...
After using TA charts for some time on Forex just like with stocks it became very clear that there is a benefit with Forex not present when trading with stocks. This should be made visible and materialized in some way...
EURUSD Weekly “Near term, price action since the October low likely composes a 4th wave correction within a 5 wave decline from the May high. Allow for additional sideways trading in order to complete wave 4 before a new low in wave 5 targets 1.2400 or 1.2315...
In this article I will provide my view on the EUR/GBP, AUD/USD and the EUR/NZD. These are the pairs that I am currently interested in or was interested in last week for trading with the Hybrid Grid strategy...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published already this weekend. The favorite pairs in the Top 10 of this list are being analyzed in more detail here...
Besides the Ranking and Rating list provided here I have also prepared this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my Review on the Hybrid Grid strategy...
At exactly what level might the SNB intervene in EUR/CHF? November 12th, 2014 19:12:29 GMT by Adam Button Credit Suisse is out with a note saying the SNB will defend the EUR/CHF floor after a brief foray as low 1.2017 today — the lowest since 2012...
Generalizing the opinions of 35 analysts from world leading banks and broker companies collected in the table as well as forecasts based on different methods of technical and graphical analysis, the following can be concluded: - from the 17th to the 21st of November the EUR/USD pair will once aga...
Dear readers, As a rule, my current forecast will contain information about how my last forecast worked out and forecast for the coming week. Results of the last forecast The last forecast had worked for 43,4% (good) /56,6% (bad...
https://charts.mql5.com/6/232/eurusd-h4-hf-markets-europe-2.png EUR USD next week. Friday, November 14th the EUR USD after touching a low of 1.2399 rebounded strongly to reach a level of 1.2546. The technical approach remains negative although the rebound goes up to 1.28 and 1.29...
Ok one big trade this week GBP/CAD. Thanks mainly in part to GBP Claimant Count Change on Nov 12' an expected new release which pushed the pound down, for us to close in profit. More trades closing next week, the month is still young Jets faithful. Stand by for impact. -Jets https://www.mql5...
This trading week ended with some interesting results and setups for some pairs. So, let's describe some of the interesting moments for EURUSD. ------------------ EURUSD D1 price is on primary bearish with market rally started 5 days ago and continuing for now...
Divergence is one of the trade setups used by Forex traders. It involves looking at a chart and one more indicator. For our example we shall use the RSI indicator...
Eurodollar volatility has already picked up speed in the early hours of this morning, with the pair declining from 1.2483 to 1.2425. With a wide variety of Eurozone GDP figures being released alongside EU inflation, it was always anticipated that today would be a busy day for the pair...
On the Asian markets the dollar reached its highest level in seven years on the yen, as investors bet on the vote aniticipato in Japan and the postponement of VAT. The greenback has gone up to 116.29 yen, around 7.30, changing hands at 116.27 from 115.73 closing...
Two trend indicators are published! Ohnishi Line Trend: https://www.mql5.com/en/market/product/6859 Ohnishi Bands System: https://www.mql5.com/en/market/product/6858 They contain the center line. Let us write "R-Line". R-Line is an essential part of them...
MN price. Ichimoku Analysis The price is on bearish market condition with secondary rally for now, and it is located far below Ichimoku cloud/kumo. Kijun-sen and Tenkan-sen lines of Ichimoku indicator is located far from each other as well...