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On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will continue to drop from the 1st resistance at 0.72318 in line with the 61.85 fibonacci retracement to the 1st support at 0.6881 in line with the 100% fibonacci projection. Alternatively, the price may reverse

Forex robots are created to assist traders. To make the process simpler, less time-consuming, and automated, traders pick and purchase these systems. Otherwise known as expert advisers or EAs, forex robots use algorithms and require programming to do their work. What are Forex Robots and How They Wo

The S&P 500 will be a key theme on Q2 earnings this week, traders watching the banks for guidance.  Wall Street stocks remain in bullish territory, but the S&P 500 is on thin-ice while below the June highs.  A relentless COVID-19 pandemic has bankrupted hundreds of US companies and US unempl

USD/CHF's daily chart shows a bullish candlestick pattern and RSI divergence.  A move to 0.95 could be in the offing. USD/CHF is trading at 0.9453 at press time.  The pair created a bullish engulfing candle on Wednesday, confirming a reversal higher from the downtrend from the March high of 0.9902.

The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day slide in which it had stumbled more than 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just above the 1,605-point plateau although it

China will on Friday release July numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. Imports are expected to rise 1.0 percent on year after gaining 2.7 percent in June. Exports are called lower by an annual 0.2 percent after rising 0.5 perce

German retail sales data and the monthly house price survey results from the UK are the main news on a light day for economic data in Europe. The Federal Statistical Office or Destatis is set to release Germany's retail sales data for July at 02:00 am ET. Economists are looking for a monthly gain of