In the fast-paced world of Forex trading, having access to the right tools and indicators can make all the difference between success and failure. One such tool that has gained significant popularity among traders is the Bank Levels MT5 Indicator. In this article, we will delve into the intricacies of this powerful indicator, exploring how
XAU/USD, XAG/USD PRICE FORECAST: MOST READ: GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD Post UK CPI Gold extended its gains throughout the day today in light of increased risk aversion from market participants. The rise of the risk-off environment today comes courtesy of an explosion of a hospital in Gaza last night which saw both
Asian equities followed US stocks lower after strong retail data. Treasury yields continued to shoot higher, reaching new cycle peaks. Data revived fear of an even higher Fed rate stance for an even longer period of time. Implied Fed funds futures climbed and priced in a 53% chance for a hike by the end of
After settling for TWO successive days at the same level, the price of WTI crude oil is settling today at $87.27. That’s up $1.83 on the day. The high price extended to $89.88. The low price reached $87.20. On Wednesday, oil prices initially surged to their highest levels with WTI reaching USD 89.88/bbl. This rise
The U.S. dollar traded higher against most peers on Wednesday amid risk-off sentiment. Compared to the Japanese yen, however, the greenback was largely flat, with USD/JPY fluctuating around the 149.75 level at the time of writing. The ongoing geopolitical conflict in the Middle East, stemming from Hamas attacks in Israel, continued to shape market dynamics,
MEASURING VOLATILITY: TALKING POINTS Volatility is the measurement of price variations over a specified period of time. To measure volatility, the Average True Range (ATR) and Volatility Pro indicators are used. Technical Analysis can bring a significant amount of value to a trader. While no indicator or set of indicators will perfectly predict the future, traders can use historical
© Reuters. U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo By Karen Brettell NEW YORK (Reuters) – The dollar rose against the euro on Wednesday before several Federal Reserve officials were due to speak and as investors watched the war between Hamas and Israel for signs of escalation.
Share: The Euro trades on the defensive against the US Dollar. Stocks in Europe close the session with marked losses. EUR/USD loses some momentum and slips back to 1.0550. The USD Index (DXY) looks bid in the low 106.00s. Eurozone final inflation figures matched the preliminary readings. Housing Starts expanded 7.0% MoM in September. The
In the ever-evolving landscape of online trading, staying ahead of the curve is imperative for success. Traders and investors constantly seek tools and indicators that can provide them with an edge in deciphering market movements. One such tool that has gained immense popularity in the world of Forex and stock trading is the Advanced Trendlines