USD/RUB pair continued to move northward, with the ruble giving up another 2.29% to close Friday at RUB 59.6168. The pair closed the previous week at RUB 58.2805Breaking record stands at 36 took place this year with heavy cyclesIf we look at the graph we can see the pattern leads to the goal of Area 51The last trading week volatility…
CLC/USDAnyone who has followed reviews could see I argued the region of $ 50-60 it was like other oil was at $ 80-90Note that the graph area 48-54 is strong support zoneThere are two options:Login to Long in the 54 with a short stop in the 52Or alternatively available in the 49 with a short stop in the 47In order…
USDJPYtoday close below 117,30-60 could lead to 114 areas take alook : bearish looking weekly candle opposing short, expect strong support from 38.2% retracement of 105.19 to 121.84 at 115.47 to contain downside and rebound good luck This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or…
Published on 10/4/11 6:29 AM Pacific Standard Time usdcad &crude oil correlation ………I took a graph of decades in order to show the correlation of oil-CAD, one by one,Conclusions:Oil Region 62-64 = CAD $ 1.15 areaOil Region 75-76 = CAD 1:05 to 1:07Oil Region 84-86 = CAD $ 1.03Equilibrium over time , an average intersection between the two is in…
looking lower near-term with the proposed pullback likely to offer more favorable long entries. The trade remains constructive above the median line with only a move sub $1183 shifting the medium-term outlook back to the short-side. A breach of the highs targets resistance objectives into $1247 & 1256 This review does not including any document and / or file attached…
9/21/14 11:57 AM Pacific Standard Time The pair is trading below its pivot point. It is likely to trade in a lower range as far as it remains below its pivot point. Short position is still to come target at 175.60-176.40. A break of this target will move the pair further downwards to 174.30. The pivot point stands at 179…
Crude oil price made attempts to break 73 level but it returns to trade above it again , rallied Friday amid speculation that OPEC may cut its oil production In general, the overall bearish trend scenario remains valid and active as long the trading settled below 85 level, the next targets extend to 70 -60 -50 area, i Expect to see some corrections…
The whole world and his wife in Long Dollar and Euro Swiss , holding long net position onGold Drops, someone knows something we do not know or are going to bury them all under a pile of hayPositions show a strong tendency of these pairs on the dollarRecent stops sitting under a band of iron 1.20 in the 1:17 to…
Forex trading involves selling and buying of currency pairs. It means, when you buy a specified amount of a currency and pay for it using another currency. If the value of the purchased currency increases, the trader makes money by selling them. If the value of currency decreases, he would lose money. In a Forex trade, you have to choose…
USDJPYEmployment figures published tomorrowIf we look at the pair, we can see that he has created a templateThe assumption is that tomorrow will emerge strong movement up or down approachI personally think the aboveBoundaries break-in at 115.10 when breaching this level will send the pair to deal with my 116.30In contrast boundaries break sitting on my 114.20 when breaking this…