2015-06-01 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Core PCE Price Index] past data is 0.1%forecast data is 0.2%actual data is 0.1% according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case) [USD - Core PCE Price Index] = Change in the price of goods and services purchased by consumers, excluding food and energy. ========== "Personal income increased $59.4 billion, ...
US Dollar Forecast – Dollar Exhibits Speculative Frenzy Before FOMC Offers Rate Timetable The day of reckoning is almost upon us. This Wednesday, the Federal Open Market Committee (FOMC) will deliver its forecasts for economic trends and interest rates. Japanese Yen Forecast – USD/JPY to Take Cues From FOMC as BoJ Endore Wait-and-See Approach The Federal Open Market Committee’s (FOMC) March 18 meeting may overshadow the fresh ...
It does not matter what your specialty is for trading is we all have our own little trading secrets to help use better time our trades. While many day traders focus on individual stocks like aapl, goog, tsla etc… I like to focus on day trading gold. Years ago I shared this little secret on how I get an edge day trading gold and it still amazes me how many of those people still use it today, including myself. Time and time again gold traders are given great insight on how ...
[/LIST] Foreign Exchange Price & Time at a Glance: Price & Time Analysis: EUR/USD EUR/USD recovery stalled near the 3rd square root relationship of the year’s low near 1.1415 on TuesdayOur near-term trend bias remains positive on the euro while above 1.1210A push above the 3rd square root relationship of the year’s low at 1.1415 is needed to set off a new leg higher ...
US DOLLAR TECHNICAL ANALYSIS – Prices may be preparing to decline after prices put in a bearish Evening Star candlestick pattern. Near-term support is at 11725, the intersection of the 14.6% Fibonacci retracement and a rising trend line, with a break below that on a daily closing basis exposing the 23.6% level at 11640. Alternatively, a move above the 11854-88 area marked by the March 2009 high and the 38.2% level clears the way for a test of the 50% Fib at 11983. ...