DAX Daily Update – May 10th – Resistance At 10,100 pts

The beginning of Monday’s session belonged to bulls. Before start of session German factory orders data were published. It was much better than expected....

Price Action Daily Setups – EURJPY, USDCAD, USDJPY – May 10th

YOU CAN START USING PRICE ACTION AND INVEST ON FOREX MARKET USING FREE XM BROKER ACCOUNT. EURJPY After the signal, which I described recently, it was possible to...

A Long Squeeze: What is it? How to avoid it?

A LONG SQUEEZE occurs when a sudden drop in price of a single asset incites further selling. Investors protecting themselves against a rapid fall close...
How to trade news on the Forex market

Al Brooks Price Action: Emini weekly update

Monthly S&P500 Emini futures candlestick chart: Sell signal bar If the monthly S&P500 Emini futures candlestick chart trades 1 tick below the April low of...

DAX and S&P500 Weekly Update – May 9th – New Optimism

Friday’s US job report should start new wave of optimism in the markets. Although unemployment rate is unchanged but the gain of new jobs...

GBPUSD another test of 1.4400 area

Since February 2016 GBPUSD has moved in uptrend. We can see clearly at the chart higher highs and higher lows and that confirms the...

Trading For Beginners – NZDJPY broke 7 years old trend line

NZDJPY ended another week at lower level and again closed below bullish trend line started in February 2009. Currently price is blocked between support in...

Price Action Daily Setups – EURUSD, GBPUSD – May 6th

EURUSD If you are interested in Price Action Strategy description, you can read it here. It seemed, that after breaking the resistance pair should stay above...

EURGBP – resistance at 0.7920 has stopped declines

Today's most important event will be the non-farm payrolls data from the US. This data should cause higher volatility at the market, especially at...

DAX Daily Update – May 6th – Friday’s US Nonfarm Payrolls data

On Thursday there wasn't any bigger turns at indices. German DAX finished at low plus +0.24% and defended support at 9810 pts. French CAC40...

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