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In the pic I have simulated a divergence with an indicator (the blue line oscillating)
the black and the green lines show the degree of the divergence between oscillator (on balance volume) and price
Question is: am I doing good drawning the black and the green line from...
I have red this on line:
''the indicator ( bottom line ) move constantly during the time the candle is active, the line only stop when the candle close that's why you can't take wicks into account
look at the 1 minute chart see how the last segment of the RSI constantly move with the price...
Bank of Japan does not rule out further rate cuts
Masayoshi Amamiya, Deputy Governor of the Bank of Japan, said that his department could further reduce the negative rate if it is needed to stimulate the economy. Will the USDJPY quotations grow?
Such a move indicates the weakening of the yen...
Colombia higher crop bearish for coffee prices
Colombia coffee production rose in October while Uganda’s exports fell. Will coffee prices continue declining?
Uganda’s coffee exports fell 8.1% in October 2018, the first month of the new 2018/19 season, over the same month last year to 350,743...
OPEC and non-OPEC producers discuss the possible reduction in oil production
In this review, we suggest considering the personal composite instrument (PCI) &SumOIL/GAS. It reflects the price dynamics of the portfolio of futures on oil of two brands – Brent and WTI against futures on natural...
Hong Kong’s Hang Seng Index increases on the eve of the G20 summit. Will the HK50 continue to rise?
The G20 summit will be held in Argentina from November 30 to December 1, 2018. It is expected that during the meeting, US President Donald Trump and China’s President Xi Jinping will talk about...
Slower industrial growth bearish for SP500
US housing and industrial sectors growth slowed more than expected in October. Will the SP500 continue declining?
US economic data were negative on balance lately. After a stronger than expected October jobs report and retail sales data updates from...
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...
Slowing private spending and exports bearish for NIKKEI
Japanese economy shrank more than expected in third quarter. Will the NIKKEI continue declining?
The Cabinet Office of the government of Japan reported on Wednesday Japan’s economy shrank in the third quarter: the annualized 1.2%...
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...
Improving data bullish for AU200
September trade surplus rose in Australia and the producer price index rose more than expected in third quarter. Will the AU200 recovery continue?
The Reserve Bank of Australia left the interest rate at 1.5% and revised up a little its forecasts for economic...
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...
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...
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