Trading the News: European Central Bank (ECB) Interest Rate Decision Despite the ongoing easing cycle in the euro-area, the fresh rhetoric coming out of the European Central Bank (ECB) may spur a similar market reaction to the December interest rate decision as the Governing Council takes a more cautious approach in pushing monetary policy into uncharted territory. What’s Expected: Why Is This Event Important: ...
M30 price is located near SMA with period 100 (100 SMA) and SMA with the period 200 (200-SMA) for the ranging condition waiting for the direction to break the levels. If the price will break 1.0975 resistance level so the bullish trend will be continuing.If price will break 1.0859 support so the bearish reversal will be started.If not so the price will be ranging within the levels. ...
H4 price is ranging within 100 period SMA (100 SMA) and 200 period SMA (200 SMA) waiting for the direction to break the levels. The key reversal support/resistance levels for this pair are the following: 50.0% Fibo resistance level at 1.0922 located near and above 200 SMA in the beginning of the bullish area of the chart, and1.0859 support level located below 100 SMA/200 SMA in the primary bearish area. RSI indicator is estimatying the ranging bullish ...
2016-01-15 13:30 GMT | [USD - Core Retail Sales] past data is 0.3%forecast data is 0.2%actual data is -0.1% according to the latest press release if actual > forecast (or previous one) = good for currency (for USD in our case) [USD - Core Retail Sales] = Change in the total value of sales at the retail level, excluding automobiles. ========== EA made the following for this news event: ...
EURUSD Technical Analysis 2016, January: ranging for direction D1 price is on bearish ranging condition located inside Ichimoku cloud waiting for direction: The price is ranging within Senkou Span A and Senkou Span B to be located inside Ichimoku cloud.Tenkan-sen line crossed Kijun-sen line of Ichimoku indicator for the possible bullish market condition to be started in the near future.Chinkou Span line is crossing the price to above for the bullish condition. ...
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