parabolic

China may increase US corn purchases The cost of cereal crops slightly increased at the end of the regular round of US-China trade negotiations. Will corn prices rise? It is supposed that China will increase imports of US goods, including soybeans and corn. However, the parties have not...

Fed may take a break in tightening monetary policy US Vice Chairman Richard Clarida announced risks of a slowdown in the growth of global economy. This had a strong negative effect on the US dollar. Will the USDCHF fall? Such a trend indicates the weakening of the US dollar against the Swiss...

Declining oil prices may weaken the Canadian dollar In this review, we suggest considering the personal composite instrument (PCI) CAD_Index – “CAD Currency Index”. It falls when the Canadian dollar weakens against the other major currencies. Is there a possibility for CAD_Index prices to...

Positive euro-zone economic data support EURUSD Euro-zone producer prices rose more than expected and business activity expansion slowed less than expected. Will the EURUSD recovery continue? Recent euro-zone economic data were better than expected: business activity expansion slowed less than...

Volumes of the cattle slaughter have increased in the US The U.S. Department of Agriculture reported an increase in the number of the cattle slaughter. Will LCATTLE prices fall? According to the USDA, in a week, which ended on November 2, 589 thousand head of cattle were slaughtered in the US...

ECB may continue quantitative easing The euro fell slightly on Friday after the head of the Bank of Finland and ECB member Olli Rehn announced that the European Central Bank could launch a new quantitative easing program (TLTRO), if needed. Is there a possibility for the further decrease in the...

Strong labor market data bullish for SP500 US new jobs grew and worker compensation remained at 10-year high in September. Will the SP500 recovery continue? Recent US economic data were positive: the employment cost index remained at 2.8% over year in September, a 10-year high. Private sector...

Possible Chinese imports decline bearish for soybean prices China plans to lower soybeans imports by reducing soybeans use for feed. Will the soybeans price continue declining? China plans to lower soybeans imports by reducing soybeans use as an animal feed. China’s Feed Industry Association...

Normalization of the US-China relations may support the New Zealand dollar US President Donald Trump announced that he is going to make a big deal with China. This can reduce the intensity of mutual trade wars. Will the NZDJPY rise? Such a move indicates the strengthening of the New Zealand...

Cereal crop harvesting in the US ends Cereal crop harvesting in the US ends. Will oat prices fall? The US Department of Agriculture reported that by October 28, 64% of corn and 70% of soybean had been harvested. On average, the harvest is good. At the same time, the demand for oats may...

In this article, we are going to focus on a popular indicator, which you can use in technical analysis and implemented it in your forex trading strategy. This indicator is the Parabolic Sar (Stop and Reversal) developed by Welles Wilder creator of RSI and DMI. Most indicators have been...