Is USD/JPY price expected to make a comeback The increase of last week on usdjpy rate , needs to prove itself on several levels.First last week usdjpy stays below 102.60 a Significant resistance.Second there is also another Additional resistance zone is in 104.10 price.Move above 106.20 will Pave the way to 113-115 area. NON-FARM PAYROLLS AND UNEMPLOYMENT DATA (USA), Friday, September 02 at 12:30 GMT will establish…
Gold Daily Technical analysis Daily Technical analysis update : Get ready for move ……if gold will break 1330 area you should expect to see 1268 area +_there is A symmetrical triangle – chart formation where the slope of the price’s highs and the slope of the price’s lows converge together to a point where it looks like a triangle. What’s happening…
Here Come New Ideas For Silver Silver metal prices traded narrow bound since 1.7.016 –between 19.20 to 20.70 apx,if we will look closely at the charts we can see some interesting things : first, you can notice the pattern that was shown on the silver chart- flag pattern suggest break up will lead to 22.60-23.50 price areaWhile breakdown will lead…
The Unconventional Guide to Gold Gold ( xauusd ) struggle to stay above 1350+_ area , It closed almost on lowest point of the week at 1335$ .As I post on my last article From Bloomberg “Middle East jewelry demand declined 22 percent to 45 metric tons, with Egypt down 40 percent to 5.3 tons, the lowest on record, the World…
The Best Resources For Day Trade – Part 4 The Best Resources For Day Trade Part 1 The Best Resources For Day Trade Part 2 The Best Resources For Day Trade Part 3 Step 1- Choosing a tracking and trading of instruments Professional trader should be between 9 and 12 instruments monitored. Below that there is not enough diversification and…
The Best Resources For Day Trade – Part Three The Best Resources For Day Trade Part 1 The Best Resources For Day Trade Part 2 Be a daily trader, is to make the inhuman, that is, give up on human emotions guide our daily lives, and purchase habits of strict trade, expressed tracking orderly trading plan. A novice trader, always finds…
crude oil prices technical analysis update The same story repeats again ….. CRUDE OIL COT position and MAP position In terms of positions monument, we can see some interesting stuff There is more room for decline – short traders advantage pay attention Periods of june 2015 with oil Positions And again in the same story in august 2016 There is…
GOLD FORECAST lets start with the important thing and this is the 1360-1380 price levelsyou need to be focus on those levels – as long as gold will not cross those levels up (1383$)the trend is not bullish yet -Upward movement came from the low on $ 1040 priceIs set during installation/correction for nowIf we look at long-term perspective, we…
The Best Resources For Day Trade – Part Two 5 day trading secrets Trader begins in world trade overall concept is wait patiently critical price levels (support or resistance), focus in number of instruments in parallel, without having to be moved to market movement, and when an order is seen, you need to run her on coldly basic technical method…