Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereDaily EUR/USD Technical AnalysisDaily EUR/USDThe EUR/USD is under pressure at the mid-session. The main trend is down on the daily chart so the weakness isn’t a complete surprise.Despite the solid one-day rally on Friday which was triggered by short-covering rather than new buying, the market has […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereAfter two days of consolidation inside a major retracement zone, December Comex Gold futures weakened on Monday. The significance of the move is that it identified the key area buyers will have to take out in order to put gold in a position to challenge the […]
In my opinion, there are four basic forms of technical analysis that are used to publish technical analysis by experts for other Forex market participants:Text
Static charts
Videos
Audio broadcasts
You can see the examples of text technical analysis published every Saturday in this blog. The benefit of such form is the exact price levels that do not offer any opportunity for inaccurate reading. […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereSeptember 10-Year U.S. Treasury Note traders drove the market higher after the U.S. released disappointing jobs data on Friday. Concerns about the strength of the labor market could underpin the T-Note market until the next Fed meeting in September. Today, there are no U.S. economic releases […]
Bitcoin Technical AnalysisBy Forexminute – Yes Option | Bitcoin | Aug 4, 2014 8:34AM BSTAfter an early morning fall BTC/USD finally got some respite in today’s trading session as it recovered from Intraday low of $578.21. The cryptocurrency has strong support at $577.66 whereas resistance can be found at $605.86. BTC/USD is currently consolidating in a very narrow trading range […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe AUD/USD rebounded on Friday after U.S. Non-Farm Payrolls data tempered prospects of an interest-rate increase by the Federal Reserve coming sooner than later.On August 1, the U.S. Labor Department released its jobs report. The report showed the economy added 209,000 jobs which was less than […]
What’s Popular Now:Stock Market Prediction News For Week of August 4 2014
Federal Reserve Bond Mystery Emerges: Belgium Spends 90% of…
Much hype was released in the media about the powerful Kurds in the north of Iraq and how they could stop ISIS. That didn’t happen. The Kurds turned tail and ran. Was this purposely done by the Kurds in order to […]
Litecoin Technical Analysis (LTC/USD): Litecoin whipsaws, then finds equilibrium, volume low
By Leon Pick on August 3, 2014 in Trading
After some of Litecoin’s (LTC) wildest trading in recent memory, it appears to be content with $7.50- roughly the level it started out at before the recent mayhem.
On Thursday, LTC dropped sharply to as low as $6.97, only to roar back by […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe DAX as you can see had a very negative Friday, mirroring the horrible session went on Thursday. The market sits at the €9200 level right now, but we think that the real support is down at €9000 where we have seen so much in the […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe MIB as you can see initially tried to rally during the session on Friday, but found enough resistance of the 20,600 level to turn things back around and fall. However, the market below has plenty of support, especially at the 20,000 handle. It is below […]
