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"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...
How Bond Yields Affect Currency Movements A bond is an “IOU” issued by an entity when it needs to borrow money. These entities, such as governments, municipalities, or multinational companies, need a lot of funds in order to operate so they often need to borrow from banks or individuals like you...
President Xi called for an “all out” push on infrastructure spending to lift the economy, helping juice commodities. But tight lockdown measures remain a significant headwind for mainland economic momentum. The data calendar is quite light today (US Wholesale Inventories and Pending Home Sales...
Apparently, the DXY dollar index may soon exceed a two-year high and rise above 103.00. At the time of writing, the DXY index was near 102.58, just below today's high of 102.77...
TimerEA Information about the parameters Mode Of Day Use - Use day of year, or day of week. These parameters are only for Day_Of_Year mode Day And Time Open Orders (YYYY.MM.DD HH:MM) - Set time and date open orders for day of year mode. Day And Time Close Orders (YYYY.MM...
Dear Traders, Due to the Labour Day in Hong Kong on 1st May, and the Early May Bank Holiday in the UK on 2nd May, you will experience the following changes in the trading hours schedule (all times are GMT+3): Friday, April 29 Indices: Hong Kong 50 (#HSI): trading till 22:00; UK100 (#UK100): tradi...
Despite the fact that the franc enjoys the status of a defensive asset and is strengthening against other major currencies, it continues to weaken against the US dollar. Thus, the USD/CHF pair today updated another high since July 2020, exceeding 0...
Part 1. Step-by-step instructions for connecting the "AW Metatrader to telegram" utility to a Telegram channel. Step 1 Let's create a channel for sending notifications from the terminal to the channel...
Both the euro and the pound are currently weak against the dollar. Considering the general downtrend of EUR/GBP, which formed at the beginning of 2021, the current growth of the pair should be considered as a correction for now. It may still continue to the resistance levels of 0.8450, 0.8480...
Good afternoon! Automated trading systems allow you to set specific rules for entering and exiting a position, which will be automatically executed. Thus, the system will analyze the market in search of opportunities to sell or buy, based on the rules that the user has put into it...
One of the brightest minds in the industry is a highly-respected market technician named Tom Demark . He has spent more than 40 years developing, trading and teaching his techniques to institutional professionals around the world, and continues to be actively involved in the financial markets...
EUR/USD: Words Drive Trends ● The main drivers of the past week were statements by important ECB and FRS officials. However, the beginning of the five-day period was relatively calm: the Easter weekend had its effect...
AUD/USD gained bearish momentum below the 0.7400 support zone. NZD/USD started a major decline after it faced sellers near 0.6815. Important Takeaways for AUD/USD and NZD/USD · The Aussie Dollar started a fresh decline after it struggled near 0.7450 against the US Dollar...
Our main scenario still assumes a decline in GBP/USD. The signal for the resumption of short positions may be a breakdown of today's minimum and the local support level of 1.2865 (the lower limit of the descending channel on the weekly chart...
Hello, in this article we will look at the main types of trading robots for Forex trading! Trading robots can be divided into the following types: Grid Trading robots with SL Night scalpers Daily scalpers Gepoviki and others...
Good afternoon! In this article I would like to talk about advisors for monitoring opened transactions Risk manager. Now I will list the settings of the adviser step by step, what is responsible for what and how it works...
