Articles by Gail Mercer
A highly respected trader, trainer, author, and speaker residing in North Carolina. She has over 15 years of experience in trading and in the development of custom indicators. She is a successful author and has published several books on topics like how to use volume analysis, trading binary options and spreads. Gail is also a frequent contributor to Stocks & Commodities magazine. She has been recognized as an authority on Volume Analysis and has been asked to speak at the Traders Expo, Traders World, the Wyckoff Volume Analysis Conference, and Tradestation User Groups.
The Swiss National Bank will release their Monetary Policy Assessment and LIBOR Rate on Thursday morning at 4:30 am New York time, followed by the Swiss National Bank Press Conference at 5:00 am.
By Gail Mercer, March 20, 2019
The FOMC will be releasing their Economic Projections, Statement, and Federal Funds Rate on Wednesday at 2pm New York time, followed by the FOMC Press Conference at 2:30pm New York time. While no
By Gail Mercer, March 19, 2019
After a substantial move up for the last couple of weeks, the USDCAD is starting to fall again. The weekly USDCAD shows that price has reached the ATR (red plus sign) and is potentially forming a
By Gail Mercer, March 13, 2019
As discussed during the Sunday evening Forex Breakdown, the GBPUSD has retraced up to the ATR (a 200 pip move). Will it continue upwards?
By Gail Mercer, March 12, 2019
As discussed in the Sunday evening Forex Breakdown, the GBPUSD has almost completed the retracement down to the ATR on the daily chart.
By Gail Mercer, March 06, 2019
The Bank of Canada Rate Announcement typically creates extreme volatility immediately after the announcement. Currently the Overnight Rate is at 1.75% and no increases or expected. However, trade
By Gail Mercer, March 05, 2019
The GBPUSD has soared overnight to 1.3238 on news that Prime Minister Theresa Mays is considering postponing Brexit beyond the March 29th deadline. Although Prime Minister Mays has previously insi
By Gail Mercer, February 26, 2019
As mentioned in the Forex Review on Sunday evening, the USDJPY has been trending upwards. As the daily chart shows, price found support at the ATR (plus sign) and moved up to form a high at 111.10
By Gail Mercer, February 19, 2019
Both the USDJPY and USDCHF currencies have been rising since January. The USDJPY formed a low at 104.69 on January 3, 2019 and is currently trading at 110.59 (almost a 600 pip move in just five we
By Gail Mercer, February 12, 2019
Last night the Reserve Bank of Australia Governor Philip Lowe revealed they may cut interest rates in the coming months. Currently, the official cash rate is at 1.50 percent. The announcement sho
By Gail Mercer, February 06, 2019