Forex Killer App. Blog

The holidays are clearly upon us, with trading increasingly being defined by range bound sessions and thin liquidity exaggerating moves. The DXY continues to push higher as better than expected US existing homes sales data helped propel the greenback in NY… (source: ACM Newsletter) - RSS news feeds and Widgets on Feedzilla.com
Source:Speculation Over the BoEs [...]

After a sharp plunge in October (-0.6% mom), durable goods orders is anticipated to have rose +0.4% in November as driven by recovery in machinery orders. The weakness should have come from transportation as Boeing reported only 9 orders, compared with 14 last month, in November. Therefore, the reading excluding…
Source:Events to Watch: US Durables; JP [...]

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To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines in a bullish direction and crossing below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine…
Source:Currency Pair Daily Forecasts