Technical analysis of Forex market
USD/JPY: Price Rally Stalls at 131.35
After a parabolic rise, USD/JPY registered its first weekly loss on Friday, providing traders the first opportunity to question whether this marks the end to the yen’s misfortune this year ...
Read More
Read More

Crude Oil Remains Imbalanced
Another week of May brings a new decline in Oil. Brent is retreating and hanging around $109.50.A season of active car travel is starting in the US. In this light, ...
Read More
Read More

Weekly COT Report: Metals Continue to Get Hammered
The strong dollar and lockdowns in China have continued to see traders take a bearish stance on metals over the past four weeks. As of Tuesday the 10th of May: ...
Read More
Read More

AUDJPY Rebounds Off Cloud’s Floor, Downside Risks Linger
AUDJPY has corrected to the 88.00 handle, which is the 50.0% Fibonacci retracement of the 12-week rally from 80.35 until the 95.73 peak. Despite the price failing to snowball below ...
Read More
Read More

EUR/USD Bears May Accelerate on Break of 2017 Kow
The Euro is consolidating within a tight range on Friday after a 1.3% drop previous day, as oversold daily studies warn of price adjustment, which is likely to be limited ...
Read More
Read More

AUD/USD: Aussie Posts New Multi-Month Low on Dominating Risk-off Mode
Risk aversion on growing concerns about inflation and slowdown of global growth continues to drive the Aussie dollar lower, after recovery attempts on Wednesday were strongly rejected above 0.70 level, ...
Read More
Read More

GBP/USD Outlook: Cable Bounces after US CPI Data as Markets Digest Results
Cable fell below 1.23 handle after US CPI data came above expectations in April, but dip stayed above new 2022 low (1.2260) posted on Monday and subsequent bounce pushed the ...
Read More
Read More

NZDJPY: Bullish Sequence and Trading Strategy
In this blog, we will look at the strong rally in NZDJPY which took place this year, talk about the sequence, what it means for the pair and also what ...
Read More
Read More

Crude Oil’s Triangle
Brent crude is back below $110/bbl, losing 2% since the start of the day on Monday. At the beginning of May, oil largely remained within the trends of previous months ...
Read More
Read More

Technical Analysis and Review
DXY:On the H4, with price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop from our 1st resistance in line with the swing ...
Read More
Read More

NFP Headline Beats Expectations; Confirms Fed’s View that Labor Markets are Tight
US Non-Farm Payrolls showed that economy added 428,000 jobs in April, matching March’s revised print and beating average estimates of 391,000. In addition, the report showed that the Unemployment rate ...
Read More
Read More

GBPAUD’s Bounce Near 4¼-Year Low Level Struggles
GBPAUD’s recent bullish impetus from the early April 4¼-year low region has run out of steam just beneath the mid-Bollinger band at 1.7468. The longer-term 100- and 200-period simple moving ...
Read More
Read More

Oil Price Moved into a Positive Zone Above $105
Crude oil price started a fresh increase after it formed a base above the $100 level against the US Dollar. The price broke the $105 resistance zone to move into ...
Read More
Read More

EURJPY Remains Above 20-Day SMA With Weak Momentum
EURJPY has gained little this week, and it managed to hold above the 20-day simple moving average (SMA) and re-enter the 137.00 area, with the RSI feeding some prospects for ...
Read More
Read More

Gold’s Bearish Bias Calmed by Support Boundary
Gold is tiptoeing across the flattened red Tenkan-sen line at 1,864 after the more than two-week decline from the 2,000 price vicinity bounced off a support zone that stretches back ...
Read More
Read More

USDJPY Indecisive ahead of FOMC Policy Decision
USDJPY has barely been moving so far this week ahead of the FOMC policy announcement, facing strong rejection around the 130.20 barrier. Although the pair remains close to its recent ...
Read More
Read More

AUD/NZD Technical Breakout on RBA Rate Hike
The RBA’s surprise hike caught AUD/NZD traders with their guard down. As a result, the pair traded to its highest level since August 2018.The Reserve Bank of Australia (RBA) surprised ...
Read More
Read More

Core PCE Levels Off, But the ECI May Have the Fed More Concerned
The US released what is considered to be the Fed’s favorite measure of inflation on Friday, the Core PCE Price Index. The March print was 5.2% YoY vs 5.3% YoY ...
Read More
Read More

US Oil Bounces Off Support
WTI crude found support from a lower-than-expected increase in stockpiles. The price has held well around 94.00 at the base of the flag consolidation from the daily chart. The uptrend ...
Read More
Read More

Euro Falls to the Lowest in Five Years Following Break of 2020 Low
The Euro surged through key support at 1.0635 (2020 low) on Wednesday, extending steep fall into fifth straight day and hitting levels last traded in March 2017, after triggering stops ...
Read More
Read More
Product categories
Finance news
![]() Stock futures are little changed ahead of key inflation readingStock futures were little changed in overnight trading Tuesday ahead of a key inflation reading.Futures ... Read More ![]() From Estee Lauder to Apple, big companies say China’s Covid restrictions are hitting businessFactories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site ... Read More ![]() Fears of a Fed mistake grow as this week’s anticipated interest rate hike loomsJerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic ... Read More |
Product tags
automated trading best forex ea best forex robot EA for Mt4 Forex advisor ADX indicator forex advisor CCI forex EA free forex expert advisor forex robot 2021 forex robot free download forex scalper robot forex software free EA Keltner channel autotrading forex robot moving average robot mq4 file mq4 trading robot scalping bot forex