Last Friday ended a very volatile week. This week will not be full of economic events, unlike the past. Today also the publication of important economic data is not expected...
EUR/USD: A week of Many Multi-Year Records ● Although some hotheads, such as James Bullard, the head of the Federal Reserve Bank of St. Louis, believed that the interest rate could be raised by 0.75% straight away, everything happened as the market expected...
AUD/USD and NZD/USD Might Struggle To Recover Losses AUD/USD gained bearish momentum below the 0.7150 support zone. NZD/USD started a major decline after it faced sellers near 0.6565. Important Takeaways for AUD/USD and NZD/USD · The Aussie Dollar started a fresh decline after it struggled near 0...
The street is looking for a 380k gain in payrolls ( Ignis Signal Provider +400k) and a drop in the unemployment rate to 3.5%. The “whisper” number in the Bloomberg survey is 317k, suggesting markets are bracing for a weaker number...
Greetings fellow traders! In this article, I will try to cover the topic of using the iPump indicator in trading. The main aspects that we will consider: 1) Using an oscillator 1.1 What values of the overbought / oversold index are important and how to determine them visually on the chart 1...
Lorem ipsum dolor sit amet consectetur adipiscing elit malesuada, netus torquent maximus dictum tempus maecenas rutrum ullamcorper etiam, mi ultricies neque gravida ut aliquet elementum...
Forex GOLD Investor MT4 product page: https://www.mql5.com/en/market/product/81131 Forex GOLD Investor MT5 product page: https://www.mql5.com/en/market/product/81137 MQL5 channel. For news and discounts here: https://www.mql5.com/en/channels/fxautomater New version released! → Version 1.99...
We remain constructive on the outlook for the USD in the near term but we do think that a lot of good news is priced into the USD at this point...
We expect the USD to remain better supported into the Wednesday FOMC decision and beyond, with tighter policy conditions lifting the USD, particularly against those currencies where monetary policy is poised to lag...
Against the backdrop of a strengthening dollar, gold quotes are declining. Thus, XAU/USD is trading near the 1880.00 mark, approaching the important support levels of 1873.00, 1858.00, 1851.00...
EUR/USD: Euro Updates Five-Year Low, We Are Waiting for the Fed (FOMC) Meeting ● The DXY index that measures the US dollar against a basket of six other major currencies updated its 20-year high on Thursday, April 28...
Today, on the last trading day of the week and month, investors will pay attention to the publication at 12:30 and 14:00 (GMT) of another block of important macro statistics for the United States, among which is the core personal spending price index (PCE) for April (Fed uses the PCE annual core...
The current documentation is created for the library available via the following link in the Market: https://www.mql5.com/en/market/product/74587 . The script with examples of use of the mentioned functions is attached in the bottom of the current page...
ETHUSD: Rounding Bottom Pattern Above $2,700 Ethereum was unable to sustain its bullish momentum this week, and after touching a high of $3,036 on April 26th started to decline against the US dollar...
Markets have another busy day ahead in terms of earnings and data. The US Q1 GDP print is expected to show growth of 1.0%, down from 6.9% in Q4...
"The possibility of a 50 basis point rate hike will be considered" at the May meeting of the Open Market Committee (FOMC), Fed Chairman Jerome Powell said last week...
What is The Commitment of Traders (COT)? The Commitment of Traders (COT) report is a weekly publication of net positions in the future market that is released on Fridays by CFTC commission...
Risk Sentiment, Fear or Greed! Risk sentiment is an indicator that is used to describe how financial market traders feeling about Risk...
About retail traders: There are on average almost $4 billion of forex spot transactions on a daily basis...
