The Asian trading session opened with USDJPY pulling back from about 113.80 to 111.50 – the biggest drop since July 29th. The USD Index has pulled back since Trump’s win and has caught a bit of sideways motion. Yen is heavily sold as the Asian trading session opens...
96.8% Probability That AUDJPY will Close on a Bearish Weekly Candle this Week! Currency pair AUDJPY formed a wedge pattern with weak momentum. A divergence with Sentimental Zone Oscillator reflect momentum weakness for the current trend...
98.4% Probability That GBPJPY will Close on a Bearish Weekly Candle this Week! Currency pair have been moving in a rising channel for three consecutive weeks, but momentum is weak. There is a divergence between price candles and Price Zone Oscillator-PZO...
Cypher pattern is also known as the Royal Canadian Pattern. I have written a post on my blog in which I have posted 4 videos that explain in detail how you can identify this Cypher Pattern and how you are going to trade this pattern. Cypher pattern is a new harmonic pattern that is 4 legged...
This chart show how much Egyptian Stock Market main Index EGX30 is correlated to USD Index. Correlation between the last 50 candles read +84% which is very high despite political and economical events that happened recently in both countries...
USD Index made 8 consecutive white candles. It already hit 13 years high...
Here’s where USDJPY rally could stop. But beware the trend is strong! __Kathy Lien...
If USD Index completed its day like this it will end with an important Head and Shoulder formation...
AUDCHF After a nice up trend, we see a breakout of the upper BB, then a dark engulfing bar (2) followed by a confirmation red bar (3), and today's doji (4). I expect a continuation move down, attacking the mid BB...
Traders do often work with many charts simultaneously. And one of common use cases is when they need to compare 2 charts visually. This is handy, for example, if you test an expert adviser and want to view multiple resulting charts (for different parameters) side by side...
Yesterday the Dow closed bullish & because of the high correlation between EGX30 & the Dow , there is 75% probability that EGX30 will close bullish for today Wednesday 19 October 2016...
50% Probability that The Dow Jones Industrial Target 17000. Symmetrical Triangle. MACD is bearish...
EURUSD is currently moving inside a Symmetrical Triangle, but it didn't break out yet. . . High correlation between EURUSD & GBPUSD suggest that EURUSD will follow GBPUSD...
EURUSD is Moving Inside a Symmetrical Triangle .. It did not break any of its sides yet...
The next chart show Momentum index for 20 currency pair that I follow. Momentum parameter is 180 bar, drawn on 4 hr time frame chart.( 180 x 4 = 720 or one month). From the chart it seems that GBP is the strongest currency against other major currencies like EUR - CHF -USD & JPY...
Sugar gain over 53% since the begin of 2016, while Gold almost made 18% which mean that Sugar performance is 3 times Gold...
Silver current trend is up side. Silver 17.9$ .. will resistance become support ? .. that is what we will now next...
After moving inside the same channel for 3 consecutive months Gold broke to the downside in a sharp move. There is 99.6% that it will reverse direction tomorrow ,because of the long candle today...
