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Decreasing below 9500. • Bitcoin starts its decline below 10000 and approaches hourly resistance at 9022 (30/11/2018 low). Hourly resistance at 12130 (18/01/2018 high) remains...
Indian economy 4Q Gross Domestic Product is about to be released in February 28th 2018. Estimates anticipate a September – December growth of 6.90% (previous: 6.30%), its fastest pace since December 2016...
The greenback started the week off the wrong foot and erased partially last week’s gains. The dollar fell across the board as the risk sentiment continued to improve. The dollar index was off 0.40%, down to 89.51, while stocks across the globe rallied, while Treasury yields eased slightly...
Last week, the main US stock indexes completed in positive territory. The main increase of the indices in the previous week was due to strong growth on Friday. While indices are growing, investors are still in a state of confusion after the recent stock market crash observed earlier this month...
Both of our major currency pairs EUR/USD and GBP/USD closed out the last week with a relatively narrow trading range. The cable remained close to 1.40 amidst less negative Brexit headlines but still refrained from a sustained break above that crucial threshold...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, February 26th The EUR/USD pair caught fresh pips in Asia, following broad market trend, caused by retreat of the US dollar against its main rivals...
Chart: https://bi0l.blogspot.com/2018/02/usdjpy-ih4-weekly-forecast-technical.html (Side of bulls) For short-term purchases from (S1 / S2) targets may be equal (R1 / downD1 / EMA120 / R2), and if successful I will go higher with goals (R3, / up MN broken). (Bear side...
Chart: https://bi0l.blogspot.com/2018/02/gbpusd-weekly-forecast-technical-side.html (Bear side). For positions for sale under the condition of forming a turn from (R1 / down H4) the goals may be (up H4 / S1), and under condition of breakdown below (up H4) - to levels (R2 / R3 / EMA 522 / down W1...
Hello traders, Please keep in your mind that trading in forex is not easy. So many people have failed because the assumption of trading is easy. At the time we are entering the market, we must start it by creating a trade plan, to determine where is support level we will buy (long...
EURUSD: With the pair seeing price hesitation the past week, a directional move is a challenge. On the upside, resistance comes in at 1.2350 level with a cut through here opening the door for more upside towards the 1.2400 level. Further up, resistance lies at the 1...
First, a review of last week’s forecast. It should be noted that the forecast for bitcoin and other cryptocurrency pairs proved to be almost 100% correct. - EUR/USD. Recall that, in the short term, only a third of experts expected this pair to fall...
Back-testing is an important routine to see if the basic premise of the strategy works as expected, which is, to produce a desired and profitable net result...
Asian markets were heading higher on Friday, led by South Korean Kospi, surging at 2’451 (+1.54%), followed by Hong Kong Hang Seng valued at 31’290 (+1.05%) and Japanese Topix increasing at 1’760 (+0.82%) while Nikkei 225 closed the day at 21’893 (+0.72%), supported by Energy (+2...
After taking a breather on Thursday, the US dollar extended gains Friday amid easing rate concerns. US treasuries were better bid, which sent yields lower. The 10-year fell 3bps to 2.90%, while on the short-end of the curve the 2-year one was unchanged around 2.245...
Chart: https://bi0l.blogspot.com/2018/02/gbpusd-intraday-forecast-technical-side_23.html (Bear side). For items to be sold, with the goal of forming a turn from (2-key levels / down H1), goals may be equal (S1 / up H4 / S1W1 / S2 / S3). (Side of bulls...
Chart: https://bi0l.blogspot.com/2018/02/eurusd-intraday-forecast-technical-side_22.html (Bear side...
Chart: https://bi0l.blogspot.com/2018/02/usdchf-intraday-forecast-technical-side_22.html (Bear side). For short-term sales, if the reverse roll formation (R1 / EMA522 / EMA24) and the breakdown below (key levels) targets can be (S1 / S2 / down D1 droken / S3). (Side of bulls...
Chart: https://bi0l.blogspot.com/2018/02/usdjpy-intraday-forecast-technical-side_22.html (Bear side). For short-term sales, with the purpose of forming reverse signals from (EMA120 / EMA24), the goals are (S1 / S2 / S3). (Side of bulls...
