$SPX 3644 once again was defended--Like we said on Sunday this was likely to be a choppy start of the week--The structure of the bounce in a few key stocks, however, makes me think still more downside --Invalidation at 3770...
BTCUSD: Double Bottom Pattern Above $18566 Bitcoin was unable to sustain its bearish momentum and after touching a low of 18279 on 21st Sep, the price has continued to escalate upwards and crossed the $20000 handle today in the European trading session...
As we noted in our Fundamental Analysis today, “the dollar's uptrend continues, pushing the DXY to new highs on its way to over 20-year highs near 120.00, 121.00. Breakdown of yesterday's local maximum at 114.41 will be a confirming signal of our assumption”...
Good evening. Today I traded on the signals of my indicator. Trading the EURUSD pair on the M1 timeframe . Great result, today I earned $ 36. Buy signal: up arrow. If there are open sell positions, they need to be closed. Sell signal: downward arrow...
GBP/USD started a major decline and traded below 1.1000. GBP/JPY is also diving and there was a clear move below the 155.00 support. Important Takeaways for GBP/USD and GBP/JPY · The British Pound started a major decline below the 1.1000 support against the US Dollar...
As we noted in our Fundamental Analysis today, “strong bearish momentum continues to weigh on the pair.” During today's Asian trading session, it reached a new local and record low for the last more than 37 years, dropping to 1.0353. It's too early to talk about purchases...
Which TheStrat Indicator should I start with? Now, that's a great question but one which could have many answers. It all really depends on your journey with TheStrat and where you are now. If you have little idea about what TheStrat is, I would first encourage you to do some research...
EUR/USD: In Search of a New Bottom ● Last week, all the attention of the markets was focused on the FOMC meeting of the US Federal Reserve, which took place on September 21. The probability of another rate hike by 75 basis points (bp) had been estimated at 74%, and by 100 bps at 26...
AUD/USD is facing a strong resistance near the 0.6660 zone. NZD/USD is also struggling to clear the 0.5900 resistance zone. Important Takeaways for AUD/USD and NZD/USD · The Aussie Dollar started a fresh decline from well above the 0.6700 zone against the US Dollar...
As we noted in today's " Fundamental Analysis ", "given the strong upward momentum, it is logical to assume further growth." USD/CAD is in the bull market zone, above the key support level 1.2860. As of this writing, the pair is trading near 1.3545 (slightly below today's and 26-month high 1...
EUR/USD is struggling to stay above the 0.9950 support zone. USD/CHF is rising and might climb higher towards the 0.9750 resistance zone. Important Takeaways for EUR/USD and USD/CHF · The Euro is struggling to recover and trading below the parity level against the US Dollar...
Major US stock indexes after a sharp decline at the beginning of today's European trading session returned to the levels of yesterday's closing trading day...
The photo speaks for itself... come on board the Orion train...
As we noted in today's " Fundamental Analysis ", "given the strong upward momentum, it is logical to assume further growth." USD/CAD is in the bull market zone, above the key support levels 1.2865, 1.2835. The breakdown of the local resistance level 1...
Trading strategy for MetaTrader 4 based on the SFT Balance Line indicator The strategy is suitable for any currency pairs, as well as for trading metals, indices, options and cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc.) Trading can be done on any timeframe...
GBP/USD is trading in a bearish zone below the 1.1480 and 1.1440 support levels. USD/CAD is surging and could continue to rise above the 1.3300 resistance zone. Important Takeaways for GBP/USD and USD/CAD · The British Pound started a major decline below the 1.1550 support zone...
EUR/USD: Ahead of the US Federal Reserve FOMC Meeting ● The World Bank said last week that risks of a recession in 2023 are growing amid simultaneous tightening of monetary policy by the world's leading Central banks and the energy crisis in Europe...
Gold price started a fresh decline below the $1,685 support zone. Crude oil price is also struggling and remains at a risk of more losses. Important Takeaways for Gold and Oil · Gold price started a fresh decline after it failed to stay above $1,700 against the US Dollar...
Today I decided to trade using the signals of my old indicator. I traded on usdchf, m5 timeframe. Great result, today I earned $ 38. Buy signal: up arrow. If there are open sell positions, they need to be closed. Sell signal: downward arrow. If there are open buy positions, they need to be closed...
