Happy Easter!

Happy Easter!

LiteForex’s News: Dear clients, The LiteForex company congratulates you on the bright festival of Easter and wishes your home to be cozy and tender. May you and your relatives be always happy! May your development never stop, and the luck always attend your life and especially trading. And, in order to make your success even closer we remind you that you still can get a 100% deposit bonus which will significantly … Continue reading

AUD/USD: review and forecast

AUD/USD: review and forecast

Forex analytics: Current trend
During yesterday’s trading session AUD/USD pushed off from the five-month highs and slowly went down.  The lack of news because of Easter holidays helped participants to lock in profit. Under pressure caused by technical sales AUD/USD fell to the level of 0.9325. This level became a support level for the pair. Today AUD/USD is trading in the sideways channel of … Continue reading

Don’t Read This – I Repeat – Don’t!

Don’t Read This – I Repeat – Don’t!

What people fail to understand when looking at a simple “side by side comparison” of the U.S and China ( with respect to their stimulus programs ) is that while nearly ever dollar printed in the U.S “leaves the country immediately ” to be invested in markets abroad ( where the bankers/shiesters can get a “real […] Continue reading

Commods CLEARLY Rolling Over – Down We Go!

Commods CLEARLY Rolling Over – Down We Go!

When you see selling in the high flyers such as the Australian Dollar as well the “bullet proof” New Zealand Dollar – you know something is going down. These “higher yielding” currencies generally hang on to the very last moment til risk is “fully unwound” and shit hits the fan. I’ve got “weekly swing high” […] Continue reading

Daily Briefing- US futures trading lower despite Janet Yellen’s bullish comments

Daily Briefing- US futures trading lower despite Janet Yellen’s bullish comments

Currencies EUR/USD: The pair is trading above the 50 day and 100 day moving average on a 60 minute time frame. The next support is at 1.3747 and the next resistance is at 1.3875. USD/JPY: The pair has bounced from its support zone (101.43-101.20) on a 60 minute time frame. The support is at 101.43 […]

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TWITTER- Bounced from its support zone, what now?

TWITTER- Bounced from its support zone, what now?

Twitter has bounced sharply up from its major support zone (mentioned below) on a 4 hour time frame. The support zone has shown that there was an incredible amount of buying pressure, which has pushed the price higher. The volatility for the stock is low as it is trading within the Bollinger and close enough […]

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Europe trading near the flat line ahead of US data

Europe trading near the flat line ahead of US data

The US markets closed up for another day yesterday, as traders embraced the positive economic data  and Janet Yellen’s comments. Possibly, the most encouraging data was the Beige book report, which confirmed that economic activity has picked up in many different regions of the country. The same optimism is not filtering into the European markets this […]

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I Love This Price Action! – Everything Has Changed!

I Love This Price Action! – Everything Has Changed!

While everything remains “exactly the same”. I love it. The market is doing exactly what it’s designed to do. Drawing in those last hopeful bulls ( after already trapping the majority of “old bulls” in devastating fashion ) as well dangling the carrot for “hopeful bears”  legging into position here – but quite possibly “equally […] Continue reading

Face Ripper GBP/AUD – Making The Turn

Face Ripper GBP/AUD – Making The Turn

I’ve refered to these pairs many times before as “face rippers” in that……they can move with such violence and such volatility as to literally…..well – you get it. It can get pretty ugly if you’re not careful. It is not uncommon “in the slightest” to see these pairs move some 200-300 pips in a given 24 […] Continue reading

Daily Briefing- US futures trading higher ahead of US housing data

Daily Briefing- US futures trading higher ahead of US housing data

Currencies EUR/USD: The pair bounced from its support zone (1.3713-1.3781) on a 60 minute time frame. The next support is at 1.3747 and the next resistance is at 1.3875. USD/JPY: The pair has bounced from its support zone (101.43-101.20) on a 60 minute time frame. The support is at 101.43 and resistance at 103.04. GBP/USD: […]

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