As we noted in today's " Fundamental Analysis ", in general, the upward dynamics prevails. In the main scenario, we expect a rebound from the support level 1.3570 and a resumption of growth. The breakdown of the resistance levels 1.3640, 1...
A successful forex trader knows how to manage their money and how to grow it to achieve their goals...
GBP/USD is gaining pace above the 1.1500 resistance zone. USD/CAD is recovering and might rally if it clears the 1.3635 resistance zone. Important Takeaways for GBP/USD and USD/CAD · The British Pound was able to move above the 1.1420 and 1.1500 resistance levels...
As we noted in our Fundamental Analysis today, NZD/USD remains in the long-term bear market zone below the key resistance levels 0.6320, 0.6265. Only their breakdown will bring the pair back into the zone of a long-term bull market. In the main scenario, we expect the decline to resume...
The tools used in this trade example are FX Trend, FX Power and FX Volume - you'll find the product links right below FX Trend / FX Trend MT5 - for the trend lines which can be used as trailing stop FX Power / FX Power MT5 - for the unique time-period-based currency strength calculation FX Volume...
EUR/USD: Is the Interest Rate Race Close to Its End? ● EUR/USD grew until Thursday, October 27, and even rose above the landmark level of 1.0000, reaching 1.0092. The reason for this, most likely, was the hope of a number of investors that the ECB would raise the rate not by 0.75, but by 1...
AUD/USD is moving higher and showing positive signs above 0.6400. NZD/USD is also rising and might aim more upsides above 0.5850. Important Takeaways for AUD/USD and NZD/USD · The Aussie Dollar started a fresh increase above the 0.6350 and 0.6400 levels against the US Dollar...
The RBA is widely expected to raise interest rates by 0.25% at Tuesday's meeting. This will be the second consecutive increase of 0.25...
ETHUSD: Inverted Hammer Pattern Above $1254 Ethereum was unable to sustain its bearish momentum and after touching a low of 1254 on 21st Oct, the prices started to correct upwards against the US dollar...
During tomorrow's Asian trading session, the Bank of Japan will announce its interest rate decision (for more details, see Key Economic Events of the Week 10/24/2022 – 10/30/2022 ). Most likely, the rate will remain at the same level of -0.1...
EUR/USD started a steady increase above the 0.9900 resistance zone. USD/JPY started a downside correction from the 152.00 resistance zone. Important Takeaways for EUR/USD and USD/JPY · The Euro formed a base and started a decent upward move above the 0.9850 zone...
Hello traders, I created a new Live Session Video. On this Session i spotted 3 high probability setups. A Long Setup on US30 Index, a Short Setup on EURJPY and a Sholrt Setup on GBPUSD which i placed two positions. Two of my setups were green and one setup was red...
Greetings, Dear Friends! Today I would like to talk about the hidden features of MQL5 and the MT5 terminal. Most trading systems on the MQL Market have closed parameters for optimization...
RAZOR is first and foremost a highly accurate Scalper that activates the Grid mode when needed. The system constantly monitors the three main currency pairs AUDCAD, AUDNZD, NZDCAD. These couples work together and support each other...
BTCUSD: Bearish Engulfing Pattern Below $19685 Bitcoin was unable to sustain its bullish momentum and after touching a high of 19694 on 18th Oct, it started to decline touching a low of 18718 on 21st Oct...
In an alternative scenario and in case of a rebound from the resistance level 1.3735 USD/CAD will fall to the support levels 1.3610, 1.3570. A deeper correction is possible up to the support levels 1.3500, 1...
GBP/USD started a recovery wave and climbed above the 1.1300 resistance. EUR/GBP is trading above the 0.8650 support and might eye a fresh increase. Important Takeaways for GBP/USD and EUR/GBP · The British Pound started a fresh increase after it broke the 1.1250 resistance against the US Dollar...
Economists believe that the recovery of the Australian labor market stalled in September. In their view, a 25 bps RBA rate hike is the most likely scenario in November, while a weakening labor market raises the possibility of a pause in the RBA rate hike cycle later in the year...
