During the month of May, the fifth month of live performance, the system kept running on complete autopilot, with no code upgrades or parameter changes. This document consists of a summary section followed by 14 subsections, dedicated to the individual exchange rates tracked by the system. Those contain color-coded charts of the performance and details pertinent to the specific currency pairs. For comparison with the previous month, you may want to take a look at April review.
May performance review for Danica-9am algorithmic system
Source: forexautomaton.com
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Dukascopy Morning Forex Overview - Sept 07 09
Previous session overview The euro rose modestly against the yen and dollar in Asia Monday, as stronger regional share markets encouraged short-term players to buy the risk-sensitive common currency. If global share markets remain firm this week, the euro could continue edging up, traders said. In...
New low posted in EUR/USD but no follow through
The low this morning has been around 1.3925 in the EUR/USD but buying interest seems to be strong at this level and the market has immediately popped back towards it’s opening level around 1.3955. The rally in the USD on Friday night came on the back of improved jobs data. This was further...
Gold Bounces Between our 1st and 2nd Tier Downtrend Lines
By Fast Brokers - Gold retested our 2nd tier downtrend line yesterday, yet failed to close above on our 4-hour...
Centre-right parties the big winners in Euro elections
If a general election was held in Germany tomorrow, the CDU/CSU party led by Frau Merkel would most likely be able to win power if it again allied itself with the FDP, as Kohl did with Genscher in the 80’s and 90’s. The FDP is a middle-of-the-road party and the CDU is the predominant...
USDJPY formed a cycle top at 88.11
USDJPY formed a cycle top at 88.11 level on 4-hour chart. Now the fall from 88.11 is treated as resumption of downtrend from 92.88 (Jun 4...