https://forexinworld.com/overbought-oversold-indicator-on-metatrader4/ Trade with the Best Overbought & Oversold indicator profitably: The current market is known as when the index climbs above the 70 degree, overbought. Sell signal could be generated...
USDJPY rejects higher prices on loss of momentum leaving risk of a move lower. On the upside, resistance comes in at 114.50 level. Above here will turn focus to the 115.00 level. Further out, we expect a possible move towards the 115.50 level if the earlier level is taken out...
Despite warnings from the European Commission, Italy’s government is sticking to its proposed budget – which sports a deficit of 2.40% of GDP, i.e. USD 50-80 billion...
Pivot (invalidation): 56.85 Our preference Short positions below 56.85 with targets at 54.75 & 53.95 in extension. Alternative scenario Above 56.85 look for further upside with 57.70 & 58.25 as targets...
Pivot (invalidation): 13.9600 Our preference Long positions above 13.9600 with targets at 14.1000 & 14.1900 in extension. Alternative scenario Below 13.9600 look for further downside with 13.9100 & 13.8300 as targets...
Pivot (invalidation): 1201.00 Our preference Long positions above 1201.00 with targets at 1207.75 & 1210.00 in extension. Alternative scenario Below 1201.00 look for further downside with 1199.00 & 1196.00 as targets...
Pivot (invalidation): 2755.00 Our preference Short positions below 2755.00 with targets at 2703.00 & 2671.00 in extension. Alternative scenario Above 2755.00 look for further upside with 2780.00 & 2815.00 as targets...
The pair fell sharply during the last two weeks of a decline from 1...
Pivot (invalidation): 11350.00 Our preference Long positions above 11350.00 with targets at 11600.00 & 11650.00 in extension. Alternative scenario Below 11350.00 look for further downside with 11290.00 & 11205.00 as targets...
Pivot (invalidation): 5.4640 Our preference Long positions above 5.4640 with targets at 5.4980 & 5.5170 in extension. Alternative scenario Below 5.4640 look for further downside with 5.4400 & 5.4100 as targets...
Pivot (invalidation): 0.7200 Our preference Long positions above 0.7200 with targets at 0.7240 & 0.7265 in extension. Alternative scenario Below 0.7200 look for further downside with 0.7185 & 0.7160 as targets...
Pivot (invalidation): 1.3210 Our preference Long positions above 1.3210 with targets at 1.3265 & 1.3290 in extension. Alternative scenario Below 1.3210 look for further downside with 1.3180 & 1.3155 as targets...
Pivot (invalidation): 1.0090 Our preference Short positions below 1.0090 with targets at 1.0050 & 1.0030 in extension. Alternative scenario Above 1.0090 look for further upside with 1.0110 & 1.0130 as targets...
Pivot (invalidation): 114.05 Our preference Short positions below 114.05 with targets at 113.70 & 113.55 in extension. Alternative scenario Above 114.05 look for further upside with 114.20 & 114.40 as targets...
Pivot (invalidation): 1.2950 Our preference Long positions above 1.2950 with targets at 1.3040 & 1.3080 in extension. Alternative scenario Below 1.2950 look for further downside with 1.2890 & 1.2840 as targets...
Pivot (invalidation): 1.1275 Our preference Long positions above 1.1275 with targets at 1.1320 & 1.1340 in extension. Alternative scenario Below 1.1275 look for further downside with 1.1250 & 1.1215 as targets...
After the representatives of Saudi Arabia announced last weekend that in December the kingdom would unilaterally reduce oil exports, on Monday, oil prices rose, opening the trading day with a gap up...
Yesterday’s sharp drop in technology led by Apple’s fall of 5% pushed the global market downward. Hard hit is the technology index NASDAQ closing at -2.78%, followed by the Dow Jones at -2.32% and finally the S&P 500 at -1.97...
I kept thinking about Linear Regression and how to formulate it into MQL5. My math skill isn't very strong, and yet I scored enough to pass through my exams (Thank god). As I understood, Linear Regression helps you find the next new value with the formula y = a + bx...
