°CPI Japan (inflation figure) 0.291 % The current Japanese interest rate BoJ (base rate) is 0.100 % The Bank of Japan gave markets a nice surprise to end the month, It’s a bit too early to say whether we’ll finally get that long-lasting rebound.Stocks and bonds rallied around the world as the Bank of Japan unexpectedly stepped … More Adopting negative rate’s (BOJ)
Stock and oil prices rebounded in choppy trading on Tuesday on hopes oil producers will cut output to address the supply glut that has punished equity markets and pushed crude values to 12-year lows.Investors also awaited more clues to whether the Federal Reserve and other central banks will help stabilize markets that have been roiled … More Global brief for the last past days..
Current price – 1.08258 As we can see on the chart above Eu is in Accumulation/Distribution period , it’s going to touch the support line and start gaining position for a new uptrend, first point for eventually resistance is located at 1.10 approximately, if it breaks the line next point we are going to … More EUR/USD ; DAILY CHART
Current rate – 1.08160 As we seen on the sixty minutes chart above, the consolidation is confirmed, we have three top point’s and the EU is at 38.20% fibb level. Where we can located the Daily support which is the important line for the EU now (located at 1.0815 ) it already test it … More EUR/USD ; BRIEF
Current rate – 1.08469 Monday’s session start a bit quietly for the EU, as we can see on the chart the EU is drawing a retrace period. The EMA200 (based on low) is performing the job for a support for the EU, the retrace period as we can see above is between the three lines. … More EUR/USD MONDAY ; H4
Close: 1.09258 Eu close at 50% Fib level on daily chart, where we can find the MA200 doing the job as a resistance which the Eu cross couple of times and rebounded in down movements.Meanwhile as you can see also on the chart the green line which is (DEMA 200) is doing the job as … More EUR/USD DAILY
Current rate – 1.08670 As we seen on the graphic EU started a downtrend move, first leg slightly touch 61.8% of the fib level’s , the EMA 200 is performing the job for resistance as well. First consolidation period between the three level’s as we see it above. With a bit widely stop we … More EUR/USD ; BRIEF
Current rate – 1.08600 As we seen on the graphic the EUR is still moving upwards, somewhere near 1.09001 (approximately) is a good point for Sell order, when the down movement start the EMA is doing the support job. On the daily graphic we can see the previous high point is near 1.10 where … More EUR/USD OP1
Current rate – 1.08637 As we seen on the graph. EMA 200 is appearing as a support and in the same moment the DEMA 200 is on the half of the last amplitude, this we can treat for a signal to place a long entry near above it. Above 61.80% fib level. a small … More EUR/USD ; h1
Current rate – 1.09450 Meanwhile we;re waiting for the upcoming event’s , let short EUR/USD one more time.
Wealth is a Mindset . . 