Gain deep insights and understand the complexity and simplicity of Fibonacci. Learn about the Fibonacci numbers, difference between trading with classic technical analysis tools and Fibonacci tools and the Fibonnaci ratio. This book covers: ♦ The Fibonacci retracement levels ♦ The Fibonacci Projections ♦ The Fibonacci convergence ♦ Money Management ♦ Entry & Exit scenario [...]
While EUR/USD has risen by over 5% so far this year, the exchange rate is still undervalued according to an analyst at Goldman Sachs. Analysts at Goldman Sachs believe EUR/USD is in a good position to benefit from a continued sell-off in the greenback. The dollar index, which tracks the greenback's value against majors, has [...]
Fundamental view: The pair showed a mixed trend last week as US and Japanese economic and central bank developments failed to provide direction or incentive for movement. Japanese statistics showed some improvement in the August measures but were far short of a robust recovery. NFIB Small Business Index on 8th Sept and US Core CPI monthly [...]
Fundamental view: Aussie showed a mixed trend for the past week. US Consumer Credit monthly report on 9th Sept helped uptrend for the pair whereas US Core PPI monthly report on 10th Sept and US NFIB Small Business Index on 8th Sept helped downtrend for the pair. The Australian Dollar will be closely watching the [...]
