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(23 OCTOBER 2017)USD / JPY:Bullish surge continues.

October 23, 2017 MQL5: Traders' Blogs 0

Bullish surge continues.
(By Peter Rosenstreich)
• USD/JPY jumped thru resistance located at 113.44. Next key resistance can be found at 114.49 (11/07/2017 high). Support is located at 111.12 (20/09/2017 low). • We favor a long-term bearish bias. Supp…

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(23 OCTOBER 2017)GBP / USD:Recovery bounce underway.

October 23, 2017 MQL5: Traders' Blogs 0

Recovery bounce underway.
(By Peter Rosenstreich)
• GBP/USD has successfully tested support at 1.3155 bouncing strongly to resistance at (1.3228 reaction high). Hourly resistance stands at 1.3338 (13/10/2017 high). Key support can be found at 1.3122 1…

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Daily economic digest from Forex.ee

October 23, 2017 MQL5: Traders' Blogs 0

Daily economic digest from Forex.ee
Stay informed of the key economic events

Monday, October 23rd
The EUR/USD pair remains under bearish control on Monday, as continuing political uncertainty surrounding Spain and positive …

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Hollywood News: Box office top 10 movies- October 2017

October 23, 2017 MQL5: Traders' Blogs 0

Hello friends,
If you are tired with trading, just take a break and watch Hollywood movies online. This October- 2017, Hollywood box office top 10 movies list is here. If you missed then you can watch or download full HD movie from this site. 
Box…

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GOLD Sets Up To Weaken Further

October 23, 2017 MQL5: Traders' Blogs 0

GOLD: The commodity reversed its previous week losses to close lower on Friday. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a m…

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EURUSD Outlook Lower On Corrective Pullbacks

October 22, 2017 MQL5: Traders' Blogs 0

EURUSD: With the pair seen closing lower the past week, more weakness is envisaged. Resistance comes in at 1.1850 levels with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level …

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Financial markets weekly overview. Trade list for October 23 – 29

October 22, 2017 MQL5: Traders' Blogs 0

We make up a weekly medium-term trade list based on CFTC reports and technical analysis.
The table below provides a description of the technical condition of the market on the most popular financial instruments, as well as information on the large spec…

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(22 OCTOBER 2017)The week ahead: Eyes on central bank policies

October 22, 2017 MQL5: Traders' Blogs 0

The wait is (likely) over: on Thursday the European Central Bank (ECB) is expected to announce the tapering of its asset purchases.
CIO expects it to reduce monthly purchase volumes to EUR 30bn from next January to September, and then keep its balance …

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(22 OCTOBER 2017)Thought of the week: What is a bubble?

October 22, 2017 MQL5: Traders' Blogs 0

In financial terms the word “bubble” is like the word “recession”; often used, but lacking a proper definition.
A bubble is more than a market trading above fundamental value. Fundamental models are rarely very precise. Prices above fundamental value a…

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Forex Forecast for EURUSD, GBPUSD, USDJPY and USDCHF for October 23 – 27, 2017

October 21, 2017 MQL5: Traders' Blogs 0

First, a review of last week’s forecast:
– Last week, we were unwilling to give any forecast for EUR/USD pair. Our reluctance proved to be well-founded. Recall that there was a complete discord both among experts and among indicators: some were looking…

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