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...
Winning Rate above 80% The Ranging Market Detector scans and informs you when the market is ranging, retracing, or changing direction. In this backtest, the indicator shows its power without using it together with any other chart indicator. This Oscillator has an 84% winning ratio when tested...
In an alternative scenario, the decline in AUD / USD will stop at current levels. However, to resume buying, you should still wait for the AUD / USD to return to the zone above the resistance level of 0.7774. A breakdown of the local resistance level of 0...
EUR / USD broke through the important resistance level 1.2180 today (Fibonacci level 50% of upward correction in the wave of the pair's decline from the level 1...
As the price is above the channel, someone might think the price will reverse after hitting the upper trend line…. that, this is just a retracement and then the price bounces back. However, if you check the Ranging Market Detector, the reversal is not supported, yet...
Accurate Price Prediction: Based on Ranging Market Detector &Chart Analyzer By using our indicators, we were able to predict that the price will surge to at least the first target...
GBP / USD maintains positive long-term dynamics, moving within the upward channels on the daily and weekly charts (see also "Fundamental Analysis and Recommendations" ) The growth targets for the pair are resistance levels 1.4165 (local resistance level), 1...
Chart Analyzer: MT4 Arrow Alerts The Chart Analyzer MT4 indicator is a new tool from Innovicient. The indicator displays arrows on the main chart without redrawing them. It can show you when the trend is starting and also shows other arrows to indicate the continuation of a trend...
First, a review of last week’s events: - EUR/USD . As predicted by most experts (60%), the first half of the week benefited the dollar, strengthening it and dropping the EUR/USD pair to support 1.2050...
In case of further weakening of the USD and a breakdown of the local support level 109.25 USD / JPY will head towards the important short-term support level 109.12. A breakdown of this support level will provoke a deeper decline towards the support levels 108.86, 108.55, 108.00...
The price broke through the important short-term support levels 4160.0, 4116.0, 4074.0, which is a signal, if not for opening short medium-term and long-term positions, then for the temporary closing of long positions - for sure...
All MQL trading systems use a broker for trading . A broker is a layer between a client with MT4 and real quotes in the foreign exchange market. The broker's goal is to make money from their clients and the more clients the better...
At the time of publication of this article, GBP / USD is traded near the 1.4100 mark, maintaining a trend towards further gains amid fundamental factors (see also "Fundamental Analysis and Recommendations" ) The growth targets for the pair are resistance levels at 1...
Welcome, friends! GBPUSD trading opportunity 05.10 - 05.14 2021 GBPUSD has good trading opportunity next week 05.10 - 05.14 2021...
First, a review of last week’s events: - EUR/USD . There has been a lot of talk for a long time about how quickly and how well the US economy is recovering...
Remaining below the key resistance levels 1.2450, 1.2825, in fact, USD / CAD is in the bear market zone. A breakdown of the support level of 1.2160 (Fibonacci level 50% of the downward correction in the wave of USD / CAD growth from 0.9700 to 1...
