CHEATER TRADING JOURNAL GOLD I am looking at gold on the hourly chart. The pair was trading in the green range. There was an exit from this range upwards, a range was formed. I assumed that the pair would go lower, because the seller was gaining...
NATURAL GAS The major trend for natural gas is most likely already in a bullish condition. If we look at the EMA 50 crossing the SMA 200 upwards, it seems to be giving off a golden cross signal. Thus, the projection of the price movement direction...
EUR/USD As for the EURUSD trading instrument, as we see, the trading week ended with the strengthening of the European currency against the US dollar. Adhering to the technical aspects of the movement, we see that the EURUSD value was fixed above...
EUR-USD PAIR ANALYSIS This week the EURUSD pair closed positively after going through a fairly dramatic up and down phase, especially ahead of the FOMC meeting early Thursday morning. Interestingly, the price position on a weekly and daily basis is...
The euro against the US dollar faced selling pressure above 1.1150 during the North American trading session on Friday. As the US dollar (USD) rebounded, the major currency fell. The US dollar index (DXY), which measures the value of the US dollar...