Frederica

As it can be identified from the higher-timeframe graphs, the price has formed some sort of a triple top, which is a sign of incapability of a bullish break. From here, we are expecting for the price to perform a solid, potentially a 100-pip drop and reach the level identified on the graph (area of

- Extreme order flow on GBP/JPY , as you can see on the chart price dropped to 163.0 demand zone grabing liquidity that formed at 165.0. - Price respected 163.0 demand zone and start rising forming equal highs at 169.0. - Again we have a big bearish move to the next demand zone at 164.0 forming a hi

EURUSD continues its daily uptrend. The primary goal of the monthly supply zone has been reached, but there is no retracement yet.I believe the daily uptrend will continue.The reason is that USDJPY hasn't reached the monthly demand zone , so the market still has a

The week has not finished as yet, but what is developing is interesting. When price trends , its tend to not move too far away from from Equilibrium. With Ichimoku this is represented by the Tenkan Sen and Kijun Sen lines. In a steady uptrend or downtrend price moves within a distance of these lines

On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 0.96315 where the horizontal pullback support and 78.6% Fibonacci retracement is to our 1st resistance at 0.98879 in line with the horizontal pullback resistanc

Ahead of Friday's holiday for Hangul Day, the South Korea stock market had finished higher in seven straight sessions, soaring almost 125 points or 6.4 percent along the way. The KOSPI now rests just above the 2,390-point plateau and it's looking at a firm open again on Monday. The global forecast f

The 10-year Greek government bond yield fell to a record low of 0.933% on Wednesday, surpassing the previous lifetime low of 0.99% reached on Aug. 7.  The yield slipped on expectations that the European Central Bank (ECB) will announce additional monetary easing measures, preserved buying activity f

Final Purchasing Managers' survey results, investor confidence and retail sales from euro area are due on Monday, headlining a busy day for the European economic news. At 3.00 am ET, consumer and producer prices from Turkey and retail sales from Hungary are due. Turkish inflation is forecast to rise