Before anything, I would like to thank our friend and member of this community Oasis for contacting me to propose this initiative we are starting today.A BIG THANKS Oasis!FrancescHello Trader! Today, we have a fun exercise where you can participate and have a chance to win a GREAT Prize! All you have to do is read this short EURUSD analysis from FXStreet's Analyst Valeria Bednarick published today at FXStreet and placed below, and post a quick comment with your opinion. Just share with us your…See More
NZDUSD is my top priority at the moment. After having dropped more than 1,100 pips in 4 months, the pair began forming a bear flag pattern on October 6th. It does appear that the pair has now completed the pattern with a close below channel support on the 4 hour chart.From here we can look for a resumption of the downtrend. If the market can get passed the recent low around .7710, we could see a push to the next key support level at .7480.Summary: Watch for bearish price action on a retest of…See More
"Hi Kiramat, Certain big pip breaks at significant levels need to break cleanly by anywhere from 2 - 4 pips depending on the pair. My points are seen in the candles somewhere I'm sure but I can't say exactly where cause I don't know.…"
VIT Daily Analysis Review of British Pound / US Dollar (GBPUSD)as of 22/10/14 Volatility AnalysisOn 22/10/14, British Pound / US Dollar closed down -0.0067 at 1.6043 Period Statistical Change10-period 9.7639 -0.2921-period 9.2773 0.0439-period 10.1369 0.0490-period 7.3471 0.01 Bollinger Bands are 11.07% narrower than normal. Momentum Indicators Stochastic OscillatorThe Stochastic Oscillator is 71.7620.…See More
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