DAX, MDAX Weekly Update – December 7th – ECB Shooked the Market

Last week on German stocks wasn’t very lucky for investors. DAX managed to reach 11,430 pts, the index wasn’t on this level since August....

GBPNZD – fibo 38.2% level stopped declines

Since August 24 at GBPNZD there is a correction. Currently price reached to fibo 38.2% level of full upward impuls. However it seems that...

Emini weekend update: More trading range price action next week

Monthly S&P500 Emini futures candlestick chart: Double top, and more trading range price action next week The monthly S&P500 Emini futures candlestick chart has only...

Ichimoku Kinko Hyo – EURUSD, EURGBP, EURJPY, EURAUD – December 7th

EURUSD Bearish correction stopped below 1.0986-1.0997 area created by (2/8)P and Senkou Span B. Chikou Span stays below chart so we shouldn’t exclude price going...

Price Action Daily Setups – AUDJPY, EURCAD, EURUSD, GBPJPY, NZDJPY – December 7th

AUDJPY Pair broke resistance on Tuesday. This level should turn into support right now and I wait for bearish correction to open long position consistent...

Forex after US closing – 12/4/2015: AUD/NZD, EUR/CAD

Hello Traders, what's going on market after US closing? AUD/NZD After long time of gains, we finally have seen a power of supply. Todays session was...

AUDUSD – highest since August 2015

Today one of the most volatile currency was AUDUSD. Despite today's non-farm payrolls market behaved calmly. Reading was in line with forecasts and reaction...

EUR/USD: Are traders willing to snuff the yesterday candle?

EUR/USD yesterday moved more than 450 pips up – commentators haled this move one of the longest since last 6 years. However life teaches...

EURAUD – dynamic upward movement, but this is only a correction

Since August 2015 EURAUD moves in downward trend. Yesterday price dynamically rebounded from support area 1.4350 and within a few hours made upward movement...

Al Brooks Price Action – Learn how to trade a bear breakout on the...

The Emini began with big bars and big reversals. This is a dangerous environment for most traders because the big bars increase the risk...

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