US News

Trading professional, official analyst, representative at Instaforex Companies Group and freelance author.

Daily analysis of major pairs for October 16, 2017

16 Oct 2017 @ 00:21
The EUR/USD is bullish both in the long-term and the short-term. However, the outlook on this pair is bearish for this week, and so it is for other EUR pairs. Therefore, the shallow bearish correction that was started last Friday could go on to become something significant as price goes towards the support lines at […]
 

Weekly Trading Forecasts for Major Pairs (October 16 - 20, 2017)

15 Oct 2017 @ 02:28
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went upwards last week, creating a short-term bullish signal, before price got corrected lower on Friday. This week, a movement above the resistance line at 1.1900 would reinforce the bullish bias (an unlikely event). On the other hand, a movement below the […]
 

Daily analysis of major pairs for October 9, 2017

09 Oct 2017 @ 08:40
The GBP/USD dropped by 320 pips last week, having dropped more than 480 pips since September 25, when the initial “sell” signal was generated. There is a huge Bearish Confirmation Pattern in the market, and further downwards movement is expected this week. There could, however, be a rally before the end of the week. EUR/USD: […]
 

Weekly Trading Forecasts for Major Pairs (October 9 - 13, 2017)

09 Oct 2017 @ 00:14
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair has been going southward since September 25, having lost about 200 pips. Price moved briefly below the support line at 1.1700, but closed above it on Friday. However, rallies in this kind of market situation often bring good opportunities to sell short […]
 

Technical Reviews for Gold, Silver and Bitcoin (October 2017)

03 Oct 2017 @ 00:14
GOLD (XAUUSD) Dominant Bias: Bearish Early in September, Gold went upwards to reach a high of 1357.14 on September 8. Since then, Gold has lost at least, 8,200 pips, creating a huge Bearish Confirmation Pattern in the market. Rallies in recent times have been transitory, offering interesting opportunities to sell short at slightly higher prices. […]
 

Daily analysis of major pairs for October 2, 2017

01 Oct 2017 @ 23:30
The protracted bearish correction that has been witnessed this week, has resulted in a bearish signal on the GBP/USD. Price has gone down by 140 pips, and further downwards movement is expected as price goes towards the accumulation territories at 1.3350, 1.3300 and 1.3250 (which could be reached within the next several days). EUR/USD: This […]
 

Weekly Trading Forecasts for Major Pairs (September 2 - 6, 2017)

01 Oct 2017 @ 09:53
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market lost about 200 pips last week, went briefly below the support line at 1.1750 and then went above it, to close above the support line at 1.1800. There is already a Bearish Confirmation Pattern in the market, and further downwards movement is […]
 

Unrealistic/irrational expectations from traders

26 Sep 2017 @ 02:37
“If there were a cornerstone to trading it would be the ability not only to be resilient when in drawdown but also to accept that we get things wrong. Sometimes there is a flaw in our methodology that we have not seen and that we simply have been lucky up until this point. This does […]
 

Daily analysis of major pairs for September 25, 2017

25 Sep 2017 @ 02:31
The EUR/JPY went upwards last week, before being corrected on Friday. The correction could unfold further, but it may not be significant enough to threaten the extant bullish outlook on the market, which means the bearish correction would end up giving opportunities to buy long at better prices. EUR/USD: This pair went upwards on September […]
 

Weekly Trading Forecasts for Major Pairs (September 25 - 29, 2017)

23 Sep 2017 @ 23:40
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral On September 18 and 19, this pair made a faint bullish attempt, only to come down on September 20 (and then went upwards on September 21 and 22). Since there is no conspicuous victory between bull and bear, the market remains in a neutral […]
 
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