While Bank of America Merrill Lynch didn't expect the USD Index DXY to remain within its recent corrective range trade (currently consolidating between 99.92 & 96.58), BofA now thinks that this longer than anticipated consolidation has done no damage to the larger bull trend. "Absent a sustained break off 96.58/95.94 we look for a bullish resolution towards 103.85 (Triangle objective) ahead of 106.00 (long term upside target)," BofA argues. It is a slightly different ...
Next versions of this NRatio : NRatioSign indicator (attached) - "A semaphore signal indicator that uses an algorithm based on crossovers of oversold and overbought levels from the NRatio indicator". More info (how to instal) - read this small article.NRatio_HTF_Signal (attached) - "The NRatio_HTF_Signal indicator shows a trend direction or a signal generated by the NRatioSign indicator at the chosen bar as a graphical object with colored trend indication or deal direction. ...
Chinese Beauty
Global growth will be driven this year by a rebound in advanced economies that benefit from lower oil prices, while the economic situation will remain sluggish in the emerging market and developing economies, the International Monetary Fund said in a repor. In its twice-yearly World Economic Outlook, the IMF retained the world growth forecast for this year at 3.5 percent. The lender raised the growth forecast for next year to 3.8 percent ...
Good night The absence of expectations results in the reduction of disappointments.