23 Oct 2015 @ 04:39
US and European markets rallied strongly on Thursday as European Central Bank president Mario Draghi, appeared to suggest that further monetary easing is on the way. In a press conference he stated that the ECB is “open to a whole menu of measures.” As result the STOXX50 jumped 2.5%, while the euro fell by 1.5% […]
19 Oct 2015 @ 17:42
EURUSD has been trading in a bearish corrective tone at H4 chart, and that’s why we’re watching a possible testing of 200 SMA. Over that zone we should expect a rebound for more bullish momentum, because overall structure is still calling for more bulls strength. Also, EURUSD is looking to reach the 500 SMA. One […]
18 Oct 2015 @ 22:29
The Cable moved upwards last week, testing the distribution territory at 1.5500 a few times. The price was unable to break above the distribution territory – something that needs to be achieved this week so that the uptrend could continue. The uptrend would be rational as long as the accumulation territory at 1.5200 is not […]
17 Oct 2015 @ 09:20
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair initially moved upwards last week, but it could not reach the resistance line at 1.1500 before it got corrected downwards. On Friday, price closed at 1.1348, though the bias is bullish. The bullish bias will remain valid as long as the support […]
15 Oct 2015 @ 10:24
We should continue enjoying our Forex trading experiences on trading platforms, with Windows 7 or Windows 8 . Yes, trading remains a fantastic way of life because it is an ultimate ladder to an everlasting financial freedom. There is one female Australian who took a break from full-time farming and began to study the markets […]
14 Oct 2015 @ 10:00
Markets were quiet on Tuesday with the Dow and S&P500 closing down with mild losses as the market digests the reporting season. In Asia, the Shanghai Composite didn’t see much of a reaction to the latest export data, where opinion was polarised and divided. The index still managed to close up 0.17% to 3,293. Commodity […]
11 Oct 2015 @ 23:18
The EUR/JPY performed a clean bullish movement on October 9, 2015. This has led to a bullish bias on the market, which could enable the price to go upwards by at least, 200 pips. The supply zones 137.00 and 138.00 could be tried this week. EUR/USD: The EUR/USD seems to have ended a few weeks […]
10 Oct 2015 @ 22:57
USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]
10 Oct 2015 @ 08:36
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD went north last week, closing above the support line at 1.1350. This seems to have ended the recent choppy movement in the market. By every indication, it is much more likely that the pair would continue going upwards this week, breaking above the […]
09 Oct 2015 @ 23:57
AUDJPY = Buy AUDUSD = Buy EURAUD = Sell AUDCAD = Buy AUDCHF = Buy GBPAUD = Sell AUDNZD = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]