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Hello dear friends! Martingale is always associated with danger and a drain of the deposit. The developers of the ProTrend adviser tried to combine incompatible things – meshing and reliability. In the review, we will examine whether it turned out. Below is a video version of the review. Looking ahead, I’ll say that ProTrend turned out to [&h

USD/CAD has been a big mover, gaining as much as 10.2% in the month of March. This week, however, saw a range get continually tighter, pointing to breakout potential in the week ahead.

The Dow Jones lags the Nasdaq and S&P 500 but has successfully employed nearby trendline support for the time being. Now, bulls will look to use the area as a staging ground to attack higher.

Forex news for NY trading on aApril 3, 2020 The US employment report for March was released today and despite expectations that the survey occurred before the start of the coronavirus layoffs, a hefty -701K decline (estimate -100 K) was recorded. The unemployment rate rose to 4.4% from 3.5% (abo

Outlook is stable Germany AAA/A-1+ ratings have been affirmed with the outlook stable. This according to S&P.   ForexLive

Forex futures positioning data for the week ending March 31, 2020. – EUR long 74K vs 61K long last week. Longs increased by 13k – GBP long 5K vs 11K long last week. Longs trimmed by 6K Prior week

Said….."will get energy business back up" Pres. Trump makes comments before meeting with energy executives ForexLive

Canadian dollar will continue lower MUFG Research discusses USD/CAD outlook and " As one of the central banks in the G10 space that was slower to ease ahead of the COVID-19 crisis, it therefore became more aggressive than most in terms of rate cuts – the BoC cutting 150bps in March. Not only that but […]

Fed bought $75B on Monday, Tuesday and Wednesday and $60B on Thursday and Friday. The NY Fed is announcing that next week they plan on buying $200 billion of treasury securities. That is down from this week's number.  This week, the Fed bought $75 billion on Monday, Tuesday and Wednesday ($225 billi

Up $3.02 or 11.93% for the day For the week, the price again to 31.8%. That represented the biggest weekly percentage gain in contracts history. All that is well and good, especially for those who had the courage to jump in near the $20 hour level earlier this week. However, the price still remains will below […]