Introduction to Triangle Pattern, Falling Wedge Pattern, Rising Wedge Pattern and Channel In this article, we will explain triangle pattern, falling wedge pattern, rising wedge pattern and channel for forex trading...
Support and Resistance Indicator In this article, we will explain how to use Support Resistance Indicator for your trading. Support Resistance is the popular and the most trusted technical analysis. It lasted more than 100 years in the trading community...
Supply and Demand Indicator Supply and Demand Indicator relies on the quantity mismatching between buying and selling volumes in the financial market...
Wave Indicator - How to Use Overlapping Wave Patterns [ EFW Analytics for MetaTrader 4 ] [ EFW Analytics for MetaTrader 5 ] Third characteristic of equilibrium fractal wave is that smaller equilibrium fractal waves can combine to form a bigger equilibrium fractal wave (superimposed...
Gold price started a fresh decline below the $1,720 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 $1,735 against the US Dollar...
Please register with Wildrose Forex Community. GOLD Edge is a EA designed specifically for GOLD(XAUUSD)and can also be used on any financial instrument, any pairs. This EA trades trend-following using moving averages and multi-timeframe RSI. Use GRID trade...
As we noted in our today's " Fundamental Analysis ", "if the monthly report of the US Department of Labor expected today at 12:30 (GMT) with data on the main indicators of the country's labor market for August also meets market expectations and comes out with strong indicators, then a breakdown o...
ETHUSD: Bearish Engulfing Pattern Below $1721 Ethereum was unable to sustain its bullish momentum and after touching a high of 1721 on 25th Aug started to decline against the US dollar, coming down below the $1500 handle on 29th Aug...
use the trailing stop revolution TRAILINATOR ™ different trailing stop types adjust your settings 24/7 from everywhere save time and configure your trailing stop just once per pair Metatrader4: Free: https://www.mql5.com/en/market/product/84779 Pro: https://www.mql5...
According to some well-known economists, the RBA was late in tightening monetary policy, “the previous RBA forecast that no rate hikes would be required before 2024 was wrong”, and “now the rate hike should be much more significant than if they started to act before...
Against the background of the strengthening of the dollar, the price of gold continues to decline. Today, the XAU/USD pair reached a new 6-week low at 1.1710, declining towards key support levels 1700.00, 1690.00 (EMA200 on the weekly chart), 1682.00 (Fibonacci 38...
EUR/USD is struggling to clear the 1.0050 resistance zone. USD/CHF is rising and might climb higher towards the 0.9800 resistance zone. Important Takeaways for EUR/USD and USD/CHF · The Euro is facing a strong resistance near the 1.0050 zone against the US Dollar...
Introduction to Momentum Indicator Excessive Momentum Indicator is the momentum indicator that measure the excessive momentum directly from raw price series. It does not transform the price into other data like other technical indicator does...
Market Prediction Fractal Pattern Scanner is a market prediction indicator to predict turning point and cycle, which can provide both breakout and reversal trading opportunity. Fractal Pattern Scanner uses fractal geometry for market prediction...
Introduction to Elliott Wave Theory and Elliott Wave Pattern This article is about to introduce Elliott Wave Indicator. Before we explain the practical Elliott Wave Indicator, let us cover some basics of Elliott Wave Theory...
GBP/USD accelerated lower below the 1.1850 and 1.1750 support levels. USD/CAD is surging and could continue to rise above the 1.3075 resistance zone. Important Takeaways for GBP/USD and USD/CAD · The British Pound started a major decline below the 1.1850 support zone...
ETHUSD: Bullish Harami Pattern Above $1523 Ethereum was unable to sustain its bearish momentum and after touching a low of 1529 on 20th Aug started to correct upwards, crossing the $1700 handle in the European trading session today...
EUR/USD: The Global Economy Is in Danger Again ● So, EUR/USD broke through the key support level formed in 2016. It fixed a low at 0.9899 on Tuesday, August 23, the low the pair traded 20 years ago, in November-December 2002. The euro lost about 485 points to the dollar lover the past year alone...
Traders widely use the Fibonacci retracement and expansion levels as a technical analysis tool to determine price support and resistance, and also to determine the continuation or rejection of a trend. Traders focus on the price reacting at these levels to enter or exit a trade...
