The euro moved lower again on Monday and approached the previous low of 1.2054. The EUR/USD is trading near 1.2075. The euro’s decline today was driven by the weak inflation numbers from Germany, however, today’s decline was limited and gradual. The common currency is 20 pips above the previous low. …
Month: April 2018
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Monthly Review Month 9
It’s been 9 months since I started this MT4 EA. We are currently showing a profit of $744 minus interests and fees as of April 30, 2018. This gives us an average profit of $82.67 per month. The strategy can be found here. The latest result can be found here.
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 39
2 trades have been closed since the last update. Both were losses. The total realized loss is $444. Last week, we ended at $1188 in profit minus interests and fees. After the loss this week, that brings our total net profit to $744 minus interests and fees. The strategy can…
The EURUSD Is Near 1.2100 after the Dovish ECB Rate Decision and Possible Improving Trade Relationship between the U.S. and China
The euro moved lower again on Thursday and had broken below the previous low of 1.2155. The EUR/USD is trading near 1.2100. The euro’s decline today was driven by the ECB rate decision. Although there is no change in rates and the economy outlook, and the ECB keeps the bond…
The EURUSD Is Still Pressured by the Rising U.S. Bond Yields
The euro moved lower again on Wednesday and had broken below the previous low of 1.2180. The EUR/USD is trading near 1.2170. The euro’s decline continued to be driven by the soaring U.S. bond yields. The latest economical data solidified the Fed’s confidence in the U.S. economy and the inflation…