Forex Trading Library

EURUSD down by 10% in 2015

On the 30th of December, US’s National Association of Realtors announced that pending home sales went down by 0.9% for the month of November, markets expecting a 0.5% upturn. If we look at 2014’s November, the figure is 2.7% higher in 2015.…
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Dow Jones 2016-01-04

Dow Jones 17055 Market managed to fell more than 400 pips so far today as Chinese share went for the worst-ever start to a year market still holding support of 17000 where as long as market holding trades above will expect another…
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Gold 2016-01-04

Gold 1074 as we see over the chart, market sustain trades inside tight zone, while drop pressure still sustain over market as long as Gold holding trades below 1077 as long as market holding below 1077 will expect another drop…
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Oil (F) 2016-01-04

Oil 37.60 As we see over the chart market seems heading to build falling wedge which may case a big rebound correction toward 56.00-58.00 zone over short-run. market may sustain trades inside 33.00 - 42.50 for the short run while…
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USDJPY 2016-01-04

USD/JPY 119.00 As market managed to fell below support level of the uptrend channel market facing more drop pressure to sustain movement to test 117.00-25 zone as long as market holding trades below 120.65 the downtrend pressure…
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GBPUSD 2016-01-04

GBP/USD 1.4795 British Bound managed also to obtain rebound correction where first resistance at 1.4815 managed to stop the market so far as long as market holding below 1.4815 will expect the downtrend pressure to sustain toward…
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EURUSD 2016-01-04

EUR/USD 1.0915 Market so far sustain our trading zone 1.0800 - 1.1050 while managed so far to rebound where resistance zone at 1.0955 as long as market holding below 1.0955 the market will keep chance for another drop to re-test…
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