Sergey Golubev / Blog
US DOLLAR TECHNICAL ANALYSIS – Prices paused to digest losses after sliding to the weakest level in three weeks. Near-term support is at 11834-9 area (May 20 close, 50% Fibonacci retracement), with a break below that on a daily closing basis exposing the 61.8% level at 11790...
In today's lesson we are going to look at how the Fed goes about signaling to the market changes in their thinking on the direction of monetary policy, so we can begin to understand why markets react not only to Fed interest rate announcements but just as importantly to events which change the ma...
The precious metals are are basically stuck within a trading range. Gold remains between $1170 and $1200 while silver is respecting its trading range of $15.80 to $16.25...
"Our call remains for Fed lift-off in September with a bias towards further FOMC front-loading. Such front loading behaviour post-FOMC should push USD funding costs higher thereby dragging EUR/USD lower...
The country’s Capital Markets Authority finalized the rules for direct foreign investment in early May, although plans had been in the works for quite some time...
This is video interview with price action trader Al Brooks regarding his approach to the markets. Here is a summary of some of the key points: 1. Brooks is a price action trader with 27+ years of experience. 2. He is an active day trader, trading off the 5 minute chart. He trades the entire day...
US DOLLAR TECHNICAL ANALYSIS - Prices continues to tread water after sliding to a three-week low last week. A daily close below the 11834-9 area (May 20 close, 50% Fibonacci retracement) exposes the 61.8% level at 11790...
W1 price is located on the primary bearish market condition with the secondary ranging within the narrow channel between 60.92 support and 69.57 resistance levels: weekly price is ranging between ranging between between 60.92 and 69...
Why Is This Event Important: BoE Governor Mark Carney may sound increasingly hawkish over the coming months as the central bank head anticipates stronger price growth in the second-half of 2015, and we may see a growing number of Monetary Policy Committee (MPC) officials prepare U.K...