If the euro FX drops, the indices may also follow. Wednesday, what to expect: We are technically in 3rd day buy mode on the Daily Chart unless the E-Mini S&P 500 penetrates $1199.00. Wednesday, we anticipate an inside to higher day. Tuesday’s …
If the euro FX drops, the indices may also follow. Wednesday, what to expect: We are technically in 3rd day buy mode on the Daily Chart unless the E-Mini S&P 500 penetrates $1199.00. Wednesday, we anticipate an inside to higher day. Tuesday’s …
Sell 130.350 stop. Protective stop 131.100. Potential projection 127.000. Reasons for the Trade: 1. On the monthly chart the fx triggered a sell this month. 2. On the monthly chart the fx violated the 100 day ma this month. 3. The monthly chart has bee…
But what about the future? Well, nobody can ever predict it, but at least we can sometimes look at charts in an attempt to glean a pattern. Which is why we present the just released slide deck from Citi’s FX Technicals group titled “The 12 Chart of…
“One hypothesis for the fall in the FX reserve portfolio is that the FX reserve portfolio … month in a row it noted – both in September and in October. As the chart from Swift shows, the renminbi fell two places from September to October …
Does This Rule Really Work? Absolutely. There is a reason why so many traders advocate it. You can readily see the difference in the chart below. Click to Enlarge The two lines in the chart above show the hypothetical returns from a basic RSI trading …
Does This Rule Really Work? Absolutely. There is a reason why so many traders advocate it. You can readily see the difference in the chart below. Click to Enlarge The two lines in the chart above show the hypothetical returns from a basic RSI trading …
Click to enlarge charts Although about half of the reserves are longer … The CB then intervened and the FX stands at about 1.75 now. Brazil experienced such a scenario (in higher proportions) in 1998 when half of its foreign reserves …
Good morning from wonderful Hamburg and welcome to our Daily FX Report. Germany and France have set an … As we can see on the chart, the EUR has shown a strong performance versus the CHF. From the support level around 1.2120, the EUR/CHF …
Good morning from wonderful Hamburg and welcome to our Daily FX Report. Germany and France have set an … As we can see on the chart, the EUR has shown a strong performance versus the CHF. From the support level around 1.2120, the EUR/CHF …
Variable spreads mean that some strategies will be thrown out the door as stop and limit orders are subject to price availability and fixed spreads on charts. Trading Within the Spread Once disallowed by many retail brokers, some FX firms have now allo…