- Canada Employment to Increase for Fifth Month in 2014. - Jobless Rate to Hold at Annualized 7.0% for Third Consecutive Month. Trading the News: Canada Net Change in Employment The USD/CAD may face a larger pullback going into the end of the week should Canada’s Employment report show a meaningful rebound in job growth and fuel interest rate expectations. What’s Expected: Why Is This Event Important: ...
USD/JPY is at a critical juncture as the pair probes below the 108.00 floor. Yet hesitation amongst traders at the critical barrier is made evident by a Doji in recent trade. A close under the 108.00 floor would potentially herald a deeper correction to the 107.00 mark The four hour chart reveals a disdain from traders towards several ...
USD/JPY continues to keep traders in suspense near the 108.00 hurdle as a Dark Cloud Cover pattern warns of weakness. A close under the 108.00 floor may herald a deeper correction to the 107.00. However, some skepticism over a continued pullback may be warranted – given recent reversal signals have been met with some disdain by traders. Pullback Produces A Dark Cloud Cover Pattern ...
Talking Points: EUR/USD Sentiment Flips to NegativeLong-Term Channel Support Near $1.25Potential Exits: Stop at 1.2480 & Limit at 1.2950 The Euro has taken a turn this week after its relentless free-fall the past few months. After falling to $1.25 last week, it has now risen as high as 1.2675. I am predominantly a trend trader and look to trade in the path of least resistance (in this case, selling the EUR/USD as its fallen), but there are a couple compelling reasons ...
UniAbsoluteStrength_v2.6 600+ ---------- UniAbsoluteStrength_v2.6 600+ was created for Premium Trading Forum. This is updated UniAbsoluteStrength indicator with ability to use the UniMACD method (MathMode = 3). This version is for the build 600 and above ---------- You need to subscribe to Premium Trading Forum to read and to download.