GBP / USD maintains positive long-term dynamics, moving within the upward channel on the daily chart. Its upper border passes through the level of 1.4300 and after the breakdown of the local resistance level of 1.4240, this mark will become the closest target of the GBP / USD growth...
EXPLOSIVE MOMENTUM MT5 This Indicator has a set of in-built algorithms of over 15 different strategies but with similar format that runs on or scans over 8 different timeframes at the same time in search of a unique, strange and unusual pattern and alert a profitable signal Caution: Flow With The...
24.9.2021 - UPDATE v1.04 - Improved default H4 settings with added Choppiness filter. New D1 preset here . 20.10.2021 - UPDATE - Download an alternative H4 preset for more trades here . Please join our MQL5 channel here to discuss trading with NNFX Strength...
First, a review of last week’s events: - EUR/USD . If you look at the chart of this pair on D1, it is safe to talk about the uptrend in the last eight weeks...
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The price remains in the bull market zone, above the long-term support levels of 56.50, 57.90, 59.40 (Fibonacci level 61.8%) and short-term levels of 68.24, 67.40. A breakdown of the local resistance level of 70.30 will cause further price growth towards the local resistance levels of 71.82, 75...
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In case of renewed growth, EUR / USD will head towards the upper border of the ascending channel on the weekly chart and the level of 1.2450. More distant growth targets are located at resistance levels 1.2500, 1.2580 (61.8% Fibonacci level and 2018 highs), 1...
Did you know the Ranging Market Detector by Innovicient Ltd has numerous uses that help our clients? There are many ways in which you can use the Ranging Market Detector; this indicator is versatile and flexible. However, for the purpose of this post, and today, I will cover four key uses...
Against the backdrop of rising inflation, Fed inaction and the prospect of further weakening of the dollar, the XAU / USD pair retains the potential for further growth (see "Fundamental Analysis and Recommendations" ) In this case, the targets will be the marks 1963.00, 1976...
Above the key support levels 0.7075, 0.7000, 0.6960, NZD / USD remains in the bull market zone (see Current Fundamental Analysis and Market Expectations) . Above the short-term support levels 0.7204, 0.7186, 0.7170, nothing threatens long positions. Support levels: 0.7204, 0.7186, 0.7170, 0...
EXPLOSIVE MOMENTUM MT5 This Indicator has a set of in-built algorithms of over 15 different strategies but with similar format that runs on or scans over 8 different timeframes at the same time in search of a unique, strange and unusual pattern and alert a profitable signal Caution: Flow With The...
EXPLOSIVE MOMENTUM MT5 This Indicator has a set of in-built algorithms of over 15 different strategies but with similar format that runs on or scans over 8 different timeframes at the same time in search of a unique, strange and unusual pattern and alert a profitable signal Caution: Do Never Ever...
A signal to resume long positions will be a breakdown of the resistance level 63.40, and a breakdown of the resistance level 64.23 will become a confirmation signal. In an alternative scenario, the price will resume its decline towards the long-term support level 56...
TIP1: Whereas the lower timeframe may not show the presence of a trade opportunity, always check the immediate higher timeframe for such. The lower chart may be in a "changing trend mode", but the higher one may have already finished the retracement and ready for re-entry...
Remaining below the key resistance levels 1.2760, 1.2740 (Fibonacci level 38.2% of the downward correction in the wave of USD / CAD growth from 0.9700 to 1.4600) USD / CAD is in the bear market zone (see Current Fundamental Analysis and Market Expectations) A breakdown of the support level 1...
