Turkey imposes tighter controls on lira

Turkey has further tightened controls imposed on the lira as it pushes ahead with efforts to manage the country’s currency even as it cuts interest rates and seeks a return to fast-paced growth. The banking regulator announced curbs on Sunday night aimed at limiting currency speculation by foreign traders after the lira weakened beyond 6 […]

EUR / JPY – The price action is screaming (Intraday)

EUR / JPY – H1 Our expectations: Long by the trend after correction. The price makes niw highs and lower bottoms. Correction to the lower border of the trend channel. Price action: Dodgy on a support level Indicators: Correction to… You need ・Varchev Trading Club・ membership subscription to enter this page. (19.90€ / monthly; 199€ […]

USD / JPY: Signals for decrease

USD / JPY Forex Technical Analysis D1 | Our expectations: Trend – short, medium movement long. The price has reached an extremely strong level of resistance, which gives a good opportunity for near-stop entry and good risk/reward ratio. Price in area of ​​diagonal resistance. Price action: Pin bar of a resistance level Indicators: Price above […]

GBP / USD: The current correction provided good levels for the long by trend

GBP / USD D1 Our expectations: Trend – long and short term correction. We see a signal for the end of the correction after the price has reached the support zone. Indicators: Test of 38.2% Fibonacci, the price holds above. Test of 50SMA, price holds above, price above 200SMA. The MAs are stacked in a […]

USD/JPY at a huge resistance levels

USD / JPY Forex Technical Analysis D1 | Our expectations: Trend – short, medium movement long. The price has reached an extremely strong level of resistance, which gives a good opportunity for near-stop entry and good risk/reward ratio. Price in area of ​​diagonal and horizontal resistance. Price action: Pin bar of a resistance level Indicators: […]

Alexandre Lamfalussy: “We need to admit the euro was a mistake”

The time has come to seek a way out of the euro trap. There is a harmful dogma that the euro was the “normal” next step towards unifying western Europe. But the common European currency was not normal at all, because almost none of the preconditions were met. Two decades after the euro’s launch, most […]

Forex: AUD/JPY “Buy” from current levels

AUD/JPY Time frame: D1 Technical analysis: The chart shows that the price is in short-term uptrend. It was able to make correction to the channel support as well as to Fibonacci’s 38.2 support level. For several days she kept below 50 MA, and on 26.11.19 managed to break through. This activates the price action formation […]

EUR / JPY: Opportunity to add short positions

EUR/JPY D1 Our expectations: Short trend and medium term long correction. The price has reached a zone of serious resistance and gives a signal for reverse. Current levels give a good opportunity for new short positions with the trend and a good risk/reward ratio Indicators: Price below 23.6% Fibonacci and holds below. Price above 50SMA […]