The evolution of commodity prices is generally opposite to the American dollar (USD). Let’s see the reasons behind this relationship and what the main movers for the USD are...
When you decide to invest your money on the markets, you need to choose a broker and try its trading platform to determine if it suits you, if it’s user-friendly, whether the proposed products are the ones you want to invest in, etc...
First, a review of last week’s forecast: – the most intriguing for EUR/USD last week was whether the ascending channel, which had started in July, would continue. However, the acting of the pair didn’t give a clear answer to that question...
W1 price was on the local uptrend as a bear market rally within the primary bearish market condition: the price came to the Ichimoku cloud from below andSenkou Span line of Ichimoku indicator was tested from inside the cloud to above for the bullish reversal to be started...
The AUD has outperformed the NZD in the past week as financial markets are coming to terms that the Reserve Bank of Australia (RBA) is likely to keep monetary policy unchanged this year, while another 25bp rate cut is still expected in New Zealand...
GBPUSD: The pair continues to target further weakness after closing lower the past week. It now targets it key support located at 1.2865 level. On the downside, support lies at the 1.2900 level where a break will turn attention to the 1.2865 level. Further down, support lies at the 1.2800 level...
Before Wednesday’s FOMC statement, USDCAD started showing supply signs above a strong zone. On the FOMC’s statement release, there was a rally, but the prices quickly tumbled, forming what we call an ‘upthrust’, on very high volume...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 23rd EUR/USD Current price: 1.1197 (-0.1...
Hello traders, As we know, GBP/CAD is an expensive pair. However, when using a market philosophy "Plan your trades, trade your plans" so expensive is not a matter if planned with the right tools. This trading plan is only for special event on Friday Sept 23, 2016...
This trading week is ended with some results concerning HSI: the price was continuing with the daily bullish condition and started to be ranging within narrow support/resistance levels for the direction of the bullish continuation or the correction to the bearish reversal...
EUR/JPY Technical Analysis: BoJ Brings Range Support Talking Points: EUR/JPY Technical Strategy: Long-term down-trend, intermediate-term range-bound with recent move down to support...
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions, taking advantage of correlations between strong and...
At -0.46 (vs -0.36 on 15 September) our Risk Index moved further into risk seeking territory. The latest development was mostly reflected in falling cross market volatility. However, other subcomponents of our risk index look less appealing...
Current Trading Pair on 22092016 (USDCAD) This is my current trade for pair USDCAD. Most of the trades PO has been closed with profits yesterday. Most of my PO opened on 19/09/2016...
Stay informed of the key economic events Thursday, September 22nd EUR/USD Current price: 1.1232 (0.4%) Session range: Open 1.1188 High 1.1250 Low 1.1183...
Trading recommendations Sell Stop 0.7620. Stop-Loss 0.7670. Take-Profit 0.7570, 0.7530, 0.7475, 0.7445, 0.7325, 0.7290, 0.7200 Buy in the market. Stop-Loss 0.7620. Take-Profit 0.7685, 0.7720, 0.7750, 0.7800, 0.7820, 0...
Trading Plan GBPUSD 22092016 For the past three days, my trading plan focused only for NZDCAD and USDCAD. I can't sleep well while waiting for the GIGANTIC IMPACT news for FOMC, Official Cash Rate for NZD. I managed to sleep only for two hours. Totally exhausting...
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions, taking advantage of correlations between strong and...
