Daily economic digest from Forex.ee Stay informed of the key economic events Friday, December 9th Today the euro bears took a breather in Asia allowing the EUR/USD pair to recover part of its recent significant losses...
Candlestick patterns are important trend reversal and trend continuation signals. There are only a few important candlestick patterns that you need to know. These patterns need to be seen in the context of the trend...
Trading recommendations Sell Stop 1.0580. Stop-Loss 1.0620. Targets 1.0530, 1.0485 Buy Stop 1.0620. Stop-Loss 1.0580. Targets 1.0720, 1.0770, 1.0830, 1.0900, 1.0975, 1...
Candlesticks are powerful charting tool that a trader must master. I mostly use candlesticks in my trading. Using candlesticks I have been able to lower risk down to 10 pips. I only use stop loss between 10-20 pips based on candlestick pattern high or low...
GBPUSD: The pair turned lower on Wednesday leaving risk of more weakness on the cards. However, its correction higher is not over yet. On the downside, support lies at the 1.2600 level where a break will turn attention to the 1.2550 level. Further down, support lies at the 1.2500 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, December 8th The USD/CAD pair corrects after yesterday’s massive rally triggered by BoC’s decision...
Trading recommendations Sell in the market. Stop-Loss 0.7520. Take-Profit 0.7445, 0.7375, 0.7315, 0.7290, 0.7200, 0.7140 Buy Stop 0.7520. Stop-Loss 0.7480. Take-Profit 0.7600, 0.7700, 0.7750, 0.7820 Technical analysis The US dollar declines in the currency market...
EURUSD: The pair continues to retain its upside pressure on correction. On the down, support lies at the 1.0700 level where a violation will aim at the 1.0650 level. A break of here will aim at the 1.0600 level. Conversely, on the upside, resistance comes in at 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, December 7th The Aussie fell sharply this morning in the pair with American peer as Australian economy provided the market with extremely disappointing data...
Dynamic trend: Turned up Background: W1 – very weak; D1 – weak Phase: Markup Support: 1.066 Resistance: 1.079...
50% Probability That USD Index begin a New Down Trend. After rising to a 13 years high USD Index formed a Complex Head-and-Shoulders Top. The pattern appear with one Left Shoulder [SL] and two Right Shoulders [RS1 - RS2]. Neck Line slope to the down side...
R is a powerful open source software for machine learning and data science. There are many things that you cannot do on MT4 or for that matter MT5. That includes machine learning artificial intelligence algorithms to predict price...
The dining room is a place where everyone has their food it should be a place of great comfort because after a tough day of hard works every individual expect to have a family quality time and having their food together...
EUR/AUD Approaching Decision Zone Ahead of Aussie GDP, ECB Talking Points EUR/AUD eyeing near-term support ahead of Aussie GDP, ECB Updated targets & invalidation levels Live Weekly Trading Webinars on Mondays on DailyFX at 13:30 GMT (8:30ET...
On 05 Dec 2016 10:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for EURJPY currency pair at 121.437 under 18, 52, 10. The position closed on 06 Dec 2016 01:00 PM UTC at 122.261 and the profit was 0.68%. AdMACD parameters for EURJPY on close were 18, 52, 10...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, December 6th Having faced resistance near yesterday highs, marked in 0.75 region, the AUD/USD pair has come under renewed selling pressure stepping down to its comfort zone located near 0.7450 level...
Trading recommendations Sell in the market. Stop-Loss 0.7170. Take-Profit 0.7110, 0.7075, 0.7050, 0.6975, 0.6930, 0.6900, 0.6860 Buy Stop 0.7170. Stop-Loss 0.7130. Take-Profit 0.7200, 0.7240, 0.7380, 0.7485, 0...
The joke doing the rounds is that it took three days for the market to recover from Brexit, three hours to recover from Trump and three minutes to recover from Italy. After some brief sharp weakness, as the referendum result came out, global markets have bounced back stronger than ever...
On 05 Dec 2016 09:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for EURUSD currency pair at 1.06389 under 6, 27, 21. The position closed on 06 Dec 2016 06:00 AM UTC at 1.07545 and the profit was 1.09%. AdMACD parameters for EURUSD on close were 6, 27, 21...
