Canadian Dollar surges sharply on upbeat Bank of Canada statement. BoC left overnight rate target unchanged at 0.50% as widely expected. The central bank noted in the accompany statement that "recent data indicate that economic growth has been faster than was expected in the January MPR". Growth for 2017 through 2019 is expected to "remain above potential". Real GDP growth is projected to 2.5% in 2017, revised up from January projection of 2.1%. Inflation, however, is expected to dip in the mont…
edlivre's Blog
US session: options and orders watch
EUR: The single currency traded narrowly today, offers are still noted at 1.0630, 1.0650 and 1.0670, sell orders are reported at 1.0685 and 1.0700. On the downside, bids are seen at 1.0580-90, 1.0565 and 1.0550, buy orders are expected at 1.0530 and in good size at 1.0500, buying interest is tipped at 1.0485, 1.0465 and 1.0450.
GBP: Cable has retreated after intra-day brief rise to 1.2519, sell orders are reported at 1.2520, 1.2550-55 and 1.2580, selling interest is tipped at 1.2600, 1.2620 and …
GBP: Cable has retreated after intra-day brief rise to 1.2519, sell orders are reported at 1.2520, 1.2550-55 and 1.2580, selling interest is tipped at 1.2600, 1.2620 and …
USD/CHF
New strategy :
Hold long entered at 0.9600, Target: 0.9700, Stop: 0.9545
Position : - Long at 0.9600
Target : - 0.9700
Stop : - 0.9545
Failure to extend intra-day rebound and current retreat suggest further consolidation would be seen, however, as long as last week's low at 0.9572 holds, mild upside bias remains for another bounce, above resistance at 0.9643 would signal the retreat from 0.9687 has ended, bring another test of this level, break there would provide confirmation that a temporary l…
Hold long entered at 0.9600, Target: 0.9700, Stop: 0.9545
Position : - Long at 0.9600
Target : - 0.9700
Stop : - 0.9545
Failure to extend intra-day rebound and current retreat suggest further consolidation would be seen, however, as long as last week's low at 0.9572 holds, mild upside bias remains for another bounce, above resistance at 0.9643 would signal the retreat from 0.9687 has ended, bring another test of this level, break there would provide confirmation that a temporary l…
Forex Market Dream
I met the forex market for 10 years and I won some championships, and I never met a job as difficult as the forex market.
It is very difficult to maintain long-term because beyond the fight against market we fight against our anxietyand discipline, but if you have a dream never give up.
The most important is when you get successful, help people to share.
Respect all white and black, rich or poor.
Sorry my English and I wish much peace, joy and health for all.
It is very difficult to maintain long-term because beyond the fight against market we fight against our anxietyand discipline, but if you have a dream never give up.
The most important is when you get successful, help people to share.
Respect all white and black, rich or poor.
Sorry my English and I wish much peace, joy and health for all.