Fibonacci

Yellen extreme Dovish. No FED Rate Hike any time soon. USD falls.

Yellen extreme Dovish. No FED Rate Hike any time soon. USD falls. 20160329

Fundamental Dovish news explained. Today Yellen of the FED spoke and had no good news for the Rate Hike camp. Cause she just got a lot more Dovish. First there were 6 Rate Hikes in 2016.. then 2 were Left and now if we even will get 1 this year! So yes the Dollar felt to

Yellen extreme Dovish. No FED Rate Hike any time soon. USD falls. 20160329 Read More »

3 Strikes and Out with Profit! EUR/USD shoot Up on ECB news. 20151203

Fundamental news explained. Early this European midday for me at 13:45 hours, also early in the US session, the President of the ECB, Mr. Draghi came out with news about the Euro program. The Minimum Bid Rate stayed the same at 0.05%. Also the ECB’s governing council decided to expand its bond-buying purchase scheme at least until the

3 Strikes and Out with Profit! EUR/USD shoot Up on ECB news. 20151203 Read More »

Light Crude OIL made a run up from a double bottom on the 61.8 Fibonacci level. 20151013

Trade explained. On the 61.8 Fibonacci retracement of the last run up from 30 September – 8 October Light Crude OIL found it’s support today. After the bull flag breakout happening on the 5th October the pair had retraced all the way back into the support. Also it came into daily momentum support. It run up for a

Light Crude OIL made a run up from a double bottom on the 61.8 Fibonacci level. 20151013 Read More »