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Policy divergence pressures euro

Policy divergence pressures euro Euro Fx/U.S. Dollar FX:EURUSD HelenRush EURUSD             dipped to late-May lows in the 1.1530 area on Tuesday amid a widespread risk aversion that fuelled the dollar demand. The pair has recovered partially since, but continues to trade with a bearish bias and remains vulnerable to further losses in the short term.…

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Educational Lesson on RSI

Educational Lesson on RSI EURO / JAPANESE YEN FX_IDC:EURJPY RajDhall I have seen many traders recently use this in a questionable manner and I don’t want new traders to get the wrong idea. I have briefly explained how I use the indicator and what ways it could be useful to you. This is not the…

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A second Chance to Buy in ETHUSD …

A second Chance to Buy in ETHUSD … ETH/USD COINBASE:ETHUSD ForecastCity New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. *There is still a possibility of temporary retracement to suggested support line (440.100). if so, traders can set orders based on Price Action and expect to reach short-term…

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Brexit Vote to determine if GBPUSD downtrend resumes

Brexit Vote to determine if GBPUSD downtrend resumes British Pound/U.S. Dollar FX:GBPUSD jasperlawler The break below previous support at 1.32 amid a strong downtrend signals lower prices Two possible scenarios after today’s vote in UK parliament over Brexit A) former support at 1.32 is resistance and downtrend resumes toward 1.305 B) price closes back above…

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Bitcoin facing tough resistance

Bitcoin facing tough resistance Bitcoin / Dollar BITFINEX:BTCUSD fedorenkoalexei Bitcoin             price failed to continue the recovery on Tuesday, with the $6,800 area represents a rather tough local resistance. During the early hours on Wednesday, BTCUSD             has once again bumped into the barrier and turned lower, while keeping above the $6,500 level for the…

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USDCHF – Supported by Key Averages, 1.0019 targeted

USDCHF – Supported by Key Averages, 1.0019 targeted U.S. Dollar/Swiss Franc FX:USDCHF alan3cA Yesterday’s report highlighted an underlying positive tone but an absence of buy signals. That proved correct as trading in USDCHF             was muted Tuesday. An early decline found fresh demand near Thursday’s Marabuzo line and the 13 day mvg             avg            …

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The USDCAD Breaking Out Above 1.3000

The USDCAD Breaking Out Above 1.3000 U.S. Dollar/Canadian Dollar FX:USDCAD Sublime_Trading Last post: March sixth. See chart. Review: Price had broken through the daily 200sma but was faced with resistance at 1.3000. Update: Price did a pop and drop above 1.3000, pulled back to the daily 200sma and since April, price has been bullish and…

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