Happy Holiday’s FX friends! Hope your trades are giving you dividends especially these days. Anyway, those who are long on the New Zealand...
The New Zealand Dollar (Kiwi) Breaks Down!
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EURUSD drops from 1.4194 level
Being contained by the falling trend line on 4-hour chart, EURUSD drops from 1.4194 level. However, sideways movement could still be seen...
Optimizing the trading system parameters: EUR/USD revisited
After important changes to the trading system optimization methodology, I am revisiting EUR/USD on the day scale. The USD/CAD and USD/CHF reports indicated that our range of trade entry parameter might not include the optimum, consequently the range is extended. As a result, much better performance...
Dukascopy Morning Forex Overview - Oct 20 2009
Previous session overview The euro nearly touched the psychologically important USD1.50 mark in Asia on Tuesday as falling U.S. interest rates prompted market participants to sell the greenback, while firm regional share prices encouraged them to buy the common currency instead. The U.S. currency...
Yemen Oil Production: The Arab Spring’s Quiet Revolution
As tension boils in the Middle East, oil prices are surging once again… Over the past four weeks, crude oil has risen to $107 a barrel over...
AUD/USD Daily Forex Technical Outlook
Daily Pivots: (S1) 0.8622; (P) 0.8688; (R1) 0.8791 AUD/USD rebounded strongly after drawing support from 0.8589. While upside momentum is clearly diminishing, there is not confirmation of topping with 0.8589 support intact. Another high above 0.8787 might be seen. But still, we’d expect...