In the fast-paced world of financial markets, traders rely on various tools and indicators to make informed decisions. One such tool that has gained significant popularity among MetaTrader 5 (MT5) users is the Symbol Changer MT5 Indicator. This indicator, often overlooked by beginners, can be a game-changer for experienced traders looking to gain an edge
TUE: EZ M3 (Oct), US Richmond Fed (Nov). WED: RBNZ Policy Announcement; German Prelim. CPI (Nov), UK Mortgage Approvals/Lending (Oct), EZ Economic Sentiment (Nov), US GDP 2nd (Q3). THU: Chinese NBS PMIs (Nov), German Retail Sales & Import Prices (Oct), Swiss KOF (Nov), German Unemployment (Nov), EZ HICP Flash (Nov), US PCE Price Index &
“Thank you and may God bless cryptocurrencies,” said the director to Kraken support. READ TOO If you were looking for a good science fiction series on Netflix, but couldn’t find it, it could be your fault. Carl Rinsch . Known for directing the film 47 Ronins , starring Keanu Reeves, Rinsch raised US$55
Share: NZD/JPY rallies 0.70% to stand at 91.00 as buyers take control. The cross seems to be on its way to retest last Friday’s highs around 91.15. Daily chart: RSI is approaching overbought territory, and MACD exhibits increased buying momentum. Despite the overbought status in the four-hour chart, the overall trend remains bullish above
Canada retail sales Friday’s Canadian retail sales report for September far-surpassed expectations at +0.6% compared to a flat reading expected. In addition, the advance reading for October was +0.8% in a sign of even-more strength. CIBC highlights a contrast in consumer spending patterns in the report. While auto sales surged, there was a noticeable dip
Evaluating Trading Strategy Performance Metrics: A Comprehensive Overview When assessing the effectiveness of trading strategies, a set of key performance metrics provides valuable insights into their profitability, risk management, and overall robustness. The Profit Factor is a fundamental metric that compares the gross profits to gross losses. For instance, if a strategy has a Profit
Share: AMD price action scored its fourth straight week of gains. S&P Global PMIs show Services overperforming, while Manufacturing underperforms. AMD gains at Friday open, while NASDAQ Composite fades. The $127 to $133 supply zone from May and June becomes primary bull target. Advanced Micro Devices (AMD) stock ended its fourth week in
The USD is moving to new session lows vs all the major currencies with the exception of the JPY. The declines come despite rise in US yields. The US 2-year is up 3.2 bps, the 10-year is up 5.8 bps, and the 30-year is up 5.6 bps. EURUSD: EURUSD moves from 100 hour MA The
Forex traders utilize Fibonacci retracements to aid in identifying possible key levels of support and resistance. These levels are used as guidelines for traders looking to enter or exit the market along with appropriate risk management techniques. HOW TO CREATE A FIBONACCI RETRACEMENT ON A FOREX PAIR Before delving deeper into practical examples, traders need to have a
© Reuters Investing.com – The U.S. dollar edged lower in thin holiday-affected volumes Friday, amid uncertainty of the future path of U.S. interest rates. At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.3% to 103.555, just above the two-and-a-half month low of 103.17
