The bid in Crude Oil over the last few sessions has been welcomed news for CAD longs, which benefit when USD/CAD falls. However, the news out of the energy market may not stay supportive for long. On Thursday, OPEC raised their 2017 estimate of supply growth from non-OPEC producers (i.e., US Shale) by 46%, which is a direct threat to the supply curbs put in place by OPEC and Russia and expected to be extended to help rebalance the market. While there has been a bounce in Crude Oil over the last ...
2017-05-12 13:30 GMT | [USD - Retail Sales] past data is 0.1%forecast data is 0.6%actual data is 0.4% according to the latest press release if actual > forecast (or previous one) = good for currency (for USD in our case) [USD - Retail Sales] = Change in the total value of sales at the retail level. ========== 2017-05-12 13:30 GMT | [USD - CPI] past data is -0.3%forecast data is 0.3%actual data is ...
ContentsIntroductionWord wrap mode in a multiline text boxDescription of the algorithm and auxiliary methodsDescription of the main methodsApplication for testing the controlsConclusion more...
Gold prices have made little net progress over the past four months. Little net progress is typical of a corrective consolidative move. Gold prices, as of today, are still less than a 38% retracement of the December 2016 to February 2017 up trend. A shallow retracement of that nature suggests the longer term bull trend from December is not quite over. Using Elliott Wave theory as a model, the sideways correction that began February 27 is ...
Originally Posted by igorad Please check out the updated Hilbert SineWave indicator for the new MT4. Regards, Igor
Recent Comments