In the world of forex trading and financial markets, successful traders understand the importance of technical analysis. It’s a powerful tool that helps them make informed decisions and predict price movements. Among the various technical analysis tools available, the Fibonacci Retracement MT5 Indicator stands out as a valuable and versatile tool that traders rely on.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Share: Unilever is a multinational consumer goods corporation. Unilever products include food, condiments, ice cream, coffee, cleaning agents, pet food, beauty products, personal care and more. Founded 1919 by the merger of the Dutch margarine producer Margarine Unie and the British soapmaker Lever Brothers, it is headquartered in London, UK. Unilever is a part of FTSE 100,
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Share: The New Zealand Dollar trades higher against the US Dollar but lower versus the Yen on Friday. The Kiwi is supported by a relatively benign outlook for inflation amongst most counterparts. NZD/USD establishes a floor and rebounds, resuming the uptrend from midweek. The New Zealand Dollar (NZD) is trading mixed at the
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Share: The GBP/JPY has rebounded back towards 186.50 after sinking post-UK Retail Sales slide. Investor sentiment is seeing a bounce heading into the Friday close, dragging the GBP back up. With UK data continuing to miss the mark, downside risks remain for the Pound Sterling. The GBP/JPY plummeted below 185.50 in Friday trading
Patience needed, measured adjustments Fed uncertain if current economic dynamics are ‘remnants’ of pandemic recovery or the new normal Fed not certain if inflation is on track to 2% Fed unsure about length of policy lags Debates are no centred on what constitutes sufficiently restrictive and how long to maintain that stance She’s not pushing
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from November 13 to 17, 2023. For convenience and timely receipt of signals I use the Owl Smart Levels Indicator. The main trading timeframe is M15, while the H1 and
Share: The XAG/USD surged to a daily high of $24.15 and then settled at $23.70. Dovish bets on the Fed weight on the US Dollar and yields favouring the metal. Fed’s Susan Collins warned markets that tightening may not be over. The XAG/USD surged to a high above $24.00 on Friday and then
