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    • T@rantula replied Apr 18, 2016

      Hi Woof You are right. The market usually gaps on late Sunday, early Monday trading due to unexpected news. As OIL negotiations failed , OIL dropped before the market opened. It had an effect on most JPY and CAD pairs. Now the market corrects itself ...

      Spider's Den
    • T@rantula replied Apr 18, 2016

      EURJPY broke below sideways chop last night when it was announced that OIL production cut back negotiations failed. There was a gap on JPY pairs and today early correction has closed most of gaps. JPY and OIL correlation links back to Risk-off ...

      Spider's Den
    • T@rantula replied Apr 14, 2016

      Japanese equities are very important for Yen movements and AUDJPY is my favorite along with USDJPY. When foreign investors buy or sell Japanese equities currency-unhedged there is a positive correlation between the Yen and Japanese equities. ...

      Spider's Den
    • T@rantula replied Apr 13, 2016

      The USDCAD continued to drop after a bearish breakout of the bottom triangle trend line and its exposed to more downside risks. On Apri 17 the meeting of OPEC and Russia will be held to confirm oil production cut backs. So far they have agreed to ...

      Spider's Den
    • T@rantula replied Apr 11, 2016

      The EURUSD went down early today towards 1.1400 and was rejected. As I thought, Friday profit taking tanked the pair towards 1.1350 where it showed the range. The pair is still in range however, price action suggests that the range might break. Why ...

      Spider's Den
    • T@rantula replied Apr 11, 2016

      I dont think its possible. The problem is there are TONS of different calculations for both range and trend. Some will use CCI, MACD, MA slopes/angles, MA crosses etc..Some will use algorithms of all those for a calculation. Its not reliable. It ...

      Spider's Den