USER GUIDE CAP ADX Trader EA trades using the Average Directional Index (ADX) Indicator...
EURUSD retains its medium term downtrend as it looks for more weakness in the new week. Support comes in at the 1.0900 where a break will turn risk to the 1.0850 level. A breach below here will target the 1.0800 level. Further down, support stands at the 1.0750...
USDCHF with the pair continuing to hesitate directional move is now a challenge. Resistance stands at the 0.9950 level. Above here will open the door for a move towards the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level...
First, a review of last week’s events: - EUR/USD. The worse the things are for Trump, the better they are for the dollar. Such a conclusion can be made by looking at the quotes’ charts...
USDJPY looks to strengthen further as more gain is expected towards its key resistance at 108.47. On the upside, resistance comes in at 108.40 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109...
Setup 1HR chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Nice 60 pips Let's read the chart...
Things have turned for oil, which is set for the second weekly loss of the month. The impressive price appreciation that brought oil prices up by over 14% in three days following the presumed Iran attacks on Saudi Aramco oil facilities that caused a production drop by over 50% or 5...
Markets are mixed with clear drivers lacking. S&P 500 rebounded marginally on positive trade news. Yet Asian trading has been more tentative. Thursday Chinas top diplomat stated that China was willing to purchase additional US products and trade discussion would yields results...
o Pivot (invalidation): 56.60 Our preference Short positions below 56.60 with targets at 55.80 & 55.40 in extension...
Pivot (invalidation): 17.9600 Our preference Short positions below 17.9600 with targets at 17.7100 & 17.5700 in extension. Alternative scenario...
Pivot (invalidation): 1511.00 Our preference Short positions below 1511.00 with targets at 1500.00 & 1497.00 in extension. Alternative scenario...
Pivot (invalidation): 2967.00 Our preference Long positions above 2967.00 with targets at 3006.00 & 3022.00 in extension. Alternative scenario...
Pivot (invalidation): 12314.00 Our preference Short positions below 12314.00 with targets at 12230.00 & 12190.00 in extension. Alternative scenario...
Pivot (invalidation): 5.6730 Our preference Short positions below 5.6730 with targets at 5.6610 & 5.6520 in extension. Alternative scenario...
Pivot (invalidation): 0.6765 Our preference Short positions below 0.6765 with targets at 0.6740 & 0.6720 in extension. Alternative scenario...
Pivot (invalidation): 1.3255 Our preference Long positions above 1.3255 with targets at 1.3290 & 1.3305 in extension. Alternative scenario...
Pivot (invalidation): 0.9920 Our preference Long positions above 0.9920 with targets at 0.9950 & 0.9970 in extension. Alternative scenario...
Pivot (invalidation): 107.85 Our preference Short positions below 107.85 with targets at 107.55 & 107.40 in extension...
