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The weekly is turning lower and the daily right side is down against the 2/16/18 highs at 1.2551. The 4 hour right side is down with a bearish sequence against the 12/31/19 highs at 1.1237. While below 1.0949 where the hourly right side is down the pair can see another low in the 1...
---------------- TREND SYSTEM ---------------- Trend Screener Indicator Trend Line Map Indicator Trend Screener Dashboard will display 5 Status per currency pair : Status : STRONG DOWN TREND Status : STRONG UPTREND Status : DOWN TREND Status : UPTREND Status : NEUTRAL Example : Currency pair STAT...
HOW TO INSTALL PRODUCTS FROM THE MQL5.COM MARKET IN METATRADER (MT4/MT5) To activate purchased EAs or Indicators in your Metatrader Platform, follow these steps. This post assumes that you have an active account at mql5.com. If you don't, register here . First, enter your mql5...
EURGBP looks to recover further higher on correction. On the downside, support stands at the 0.8400 level where a violation will turn focus to the 0.8350 level. A break below here will aim at the 0.8300 level. Further down, support comes in at 0.8250 level. Conversely, resistance lies at the 0...
How to combine majors to cross pair trades First, let's have a look at the majors in the FX Trend favorites...
There is some downside correction in gold despite the risk-off trading mood. The price of an ounce eased to $1625, after Monday’s advance to $1691. Yet buyers continue piling into gold at price retreats to hedge the risk of a deeper equity sell-off. The rush into US government bonds continue...
The early optimism in European stock markets was rapidly washed out at the open yesterday. US indices sold off heavily for a second consecutive day. The S&P500 and the Dow closed Tuesday’s session 3% lower, as Nasdaq dived 2.77% on mounting coronavirus worries. Nikkei lost 0...
Pivot (invalidation): 50.65 Our preference Short positions below 50.65 with targets at 49.70 & 48.95 in extension. Alternative scenario...
Pivot (invalidation): 18.2200 Our preference Short positions below 18.2200 with targets at 17.8300 & 17.7100 in extension. Alternative scenario...
Pivot (invalidation): 1653.00 Our preference Short positions below 1653.00 with targets at 1625.00 & 1613.00 in extension. Alternative scenario...
Pivot (invalidation): 3176.00 Our preference Short positions below 3176.00 with targets at 3100.00 & 3072.00 in extension. Alternative scenario...
Pivot (invalidation): 13000.00 Our preference Short positions below 13000.00 with targets at 12700.00 & 12555.00 in extension. Alternative scenario...
Pivot (invalidation): 0.6620 Our preference Short positions below 0.6620 with targets at 0.6580 & 0.6560 in extension. Alternative scenario...
Pivot (invalidation): 6.1350 Our preference Long positions above 6.1350 with targets at 6.1580 & 6.1700 in extension. Alternative scenario...
Pivot (invalidation): 0.9750 Our preference Long positions above 0.9750 with targets at 0.9790 & 0.9805 in extension. Alternative scenario...
Pivot (invalidation): 1.3295 Our preference Short positions below 1.3295 with targets at 1.3265 & 1.3250 in extension. Alternative scenario...
Pivot (invalidation): 110.15 Our preference Long positions above 110.15 with targets at 110.70 & 110.90 in extension. Alternative scenario...
Pivot (invalidation): 1.3015 Our preference Short positions below 1.3015 with targets at 1.2965 & 1.2950 in extension. Alternative scenario...
Pivot (invalidation): 1.0890 Our preference Short positions below 1.0890 with targets at 1.0840 & 1.0830 in extension. Alternative scenario...
The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 & wave (B) ended on 12/31/19 at 1.3284 to correct the cycle lower from the 12/13/19 highs . While below 1...
