A New USDJPY Update From the Savvy Trader Since calling the top in USDJPY AT 160-162, I have been posting updates from one of Global-View’s long time and highly respected members who I nicknamed the “Savvy Trader.”...
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The 10 Commandments of Risk Management for Traders There are few maxims in trading held at all times and for all traders, but at least one concept will always be relevant to every trader. That concept...
Are Forex Brokers to Blame for Traders Losing Money? Skeptic say that retail trader will always lose money when we trade via a forex broker market maker. How true is that? Before I begin, I need to...
Weekly FX Chart Outlook EURUSD DAILY CHART – WEEKLY OUTLOOK Trend is up 1.1047 recent high is now key resistance blocking 1.1137. Use 1.1050 as well. The weekly close above 1.10 is bullish but only a break/close...
What is the Surge in Gold Saying About the US Dollar? With XAUUSD topping 2500 to set a new record high on Friday, the question is whether this is a speculative bubble or is there more to...
Weekly Charts Analysis 12.08.-16.08. XAUUSD – Gold Weekly Chart Supports : 2415.00 , 2395.00 & 2300.00 Resistances : 2460.00 , 2475.00 & 2490.00 Weekly close indicates continuing Bullish sentiment and possible break out over 2500.00 In...
Newsquawk.com Week Ahead12th-16th August 2024: Highlights include US CPI and Retail Sales; UK CPI, Jobs and Retail Sales; Aussie Jobs; RBNZ; China activity data and Japan GDP MON: OPEC Monthly Oil Market Report; Japanese Market Holiday (Mountain...
Weekly charts Aug 3. USDJPY WEEKLY CHART – WEEKLY OUTLOOK It took 18 weeks to go from 145.89 => 161.93 and 4 weeks to almost fully retrace the move. Potential targets are at 145.89 (and 145.00) as...
Forex Trading Glossary E-F Economic Indicator Measures the strength or weakness of all or part of a country’s economy. EMA See Exponential Moving Average Engulfing – Bullish and Bearish (Candlestick Reversal Pattern) The first bar of the...
How to Use Heikin Ashi Charts The prime concept behind the Heikin Ashi chart is that it is intended to filter out market noise. When you look at this chart, you ought to be able to get...
Weekly Charts 28.07. – 02.08. EURUSD Weekly Chart Resistances at : 1.08600 , 1.09500 & 1.09700 Supports at : 1.08350 , 1.08050 & 1.07450 Major Support comes at 1.06800 Major Resistance at : 1.09700 Pattern...
WEEKLY CHARTS July 28th-August 4th USDJPY Daily Chart The retreat from 161.93 has seen broad unwinding of short JPY position before a pause on Friday. Watch AUDJPY, which has been a leader. 151.84 tested (double...
Showing 85–96 of 233 posts