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  1. EUR/AUD Daily Price Action Analysis - ranging near Fibo support level at 1.4433 for the bearish trend to be continuing

    by , 04-28-2016 at 08:04 PM
    D1 price is below 100-day SMA and 200-day SMA for the primary bearish market condition within the following key erversal s/r levels:

    • Fibo resistance level at 1.5204 located near 200-day SMA in the beginning of the bullish area of the chart, and
    • Fibo support level at 1.4433 located below 100 SMA/200 SMA in the bearish area.

    RSI indicator is estimating the ranging condition to be continuing in the near future.

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  2. EUR/CAD Daily Price Action Analysis - ranging bearish with Fibo resistance level at 1.5026

    by , 04-28-2016 at 07:45 PM
    D1 price is located below 200-day SMA and 100-day SMA for the primary bearish market condition. The price is on ranging within the following key support/resistance levels:

    • Fibo support level at 1.4189 located below 100 SMA/200 SMA in the bearish area of the chart, and
    • Fibo resistance level at 1.5026 located above 200 SMA in the beginning of the bullish area.

    RSI indicator is estimating the ranging bearish market condition in the near future.

    If the price ...
  3. Good morning - Umbrellas

    by , 04-28-2016 at 02:23 PM
    Peter Herkenrath (1900 - 1992)
    Umbrellas I, 1951

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  4. Trading the News: U.S. Gross Domestic Product

    by , 04-28-2016 at 10:01 AM
    Trading the News: U.S. Gross Domestic Product (GDP)

    The 1Q U.S. Gross Domestic Product (GDP) report may dampen the appeal of the greenback and spark a near-term advance in EUR/USD as signs of a slowing recovery weigh on interest-rate expectations.

    What’s Expected:

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    Why Is This Event Important:

    A soft growth figure may encourage the Federal Reserve to retain its current policy throughout most ...
  5. Rolling Stones - the classic rock legends rumored to perform at a newly forming festival

    by , 04-28-2016 at 01:57 AM
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    The Rolling Stones, Paul McCartney, Roger Waters, the Who, Bob Dylan and Neil Young are among the classic rock legends rumored to perform at a newly forming festival. The Los Angeles Times reports that the fest, scheduled for October, will go down at the Empire Polo Grounds in Indio, California - the same site where Coachella takes place.

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