USDJPY: With the pair dropping further on Wednesday, further weakness is likely. On the downside, support comes in at the 104.50 level where a break if seen will aim at the 104.00 level. A cut through here will turn focus to the 103.50 level and possibly lower towards the 103.00 level...
Is the Bow About to Break? GBP/JPY at Support Ahead of Super Thursday Talking Points GBP/JPY at support heading into BoE ‘Super Thursday’ Immediate focus is lower sub 128.18 Updated targets & invalidation levels...
Crude Oil Price Forecast: Record Inventory Build Breaks Support Talking Points: Crude OilTechnical Strategy: Price breakdown accelerating toward 200-DMA (43.63) Aggregate Crude Inventories in U.S.rise by largest on record (since 1982) Output is expanding at the same time as doubts of OPEC accord...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, November 2nd EUR/USD Current price: 1.1077 (0.2%) Session range: Open 1.1055 High 1.1100 Low 1.1049...
On 01 Nov 2016 12:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for GBPJPY currency pair at 128.235 under 10, 22, 11. The position closed on 02 Nov 2016 09:00 AM UTC at 127.211 and the profit was 0.8%. AdMACD parameters for GBPJPY on close were 10, 22, 11...
On 30 Oct 2016 11:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for USDZAR currency pair at 13.7827 under 49, 355, 28. The position closed on 02 Nov 2016 07:00 AM UTC at 13.6501 and the profit was 0.96%. AdMACD parameters for USDZAR on close were 49, 355, 28...
EURUSD: The pair closed strongly higher on Tuesday leaving risk higher in the days ahead towards its key resistance at 1.1122 level. On the down, support lies at the 1.1000 level where a violation will aim at the 1.0950 level. A break of here will aim at the 1.0900 level...
Hey! This won't be a very troughout guide on price action, just the basics. I got the idea for this post from TradeEmpowered free event called Keystone. If use missed it, I'll try to share what I learned. So, I assume you know how to read candle stick (hight / low, open / close...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, November 1st EUR/USD Current price: 1.0994 (0.1%) Session range: Open 1.0980 High 1.0996 Low 1.0957...
GBPUSD: The pair continues to retain its downside pressure but looks to recover higher. On the downside, support lies at the 1.2200 level where a break will turn attention to the 1.2150 level. Further down, support lies at the 1.2100 level...
On 24 Oct 2016 07:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for USDJPY currency pair at 104.294 under 60, 283, 59. The position closed on 31 Oct 2016 05:00 PM UTC at 105.069 and the profit was 0.74%. AdMACD parameters for USDJPY on close were 60, 179, 60...
GBP & USD Emerge after Weekend of Tumult on the Newswires Talking Points: - Rumors swirl about Mark Carney's tenure at the BOE: will it end this Thursday?; or will he serve as long as another five years? - Fed rate hike odds for December steady around 70...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, October 31st GBP/USD Current price: 1.2174 (-0.1%) Session range: Open 1.2178 High 1.2216 Low 1.2171...