US non-farm payroll preview – here are the ranges of estimates

The ranges from the survey are useful to be aware of for such high-profile data. When the actual results fall outside the range of estimates the market impact can be outsized. I posted earlier in the week the range of estimates for the ADP data, which then came in well below. The market response was

Sterling Brushes Off PMI Data and Eyes Recovery

GBP PRICE, CHARTS AND ANALYSIS: Read More: Bitcoin Technical Outlook: Price Action Remains Choppy Heading into Q4 GBP has arrested its slump with a midweek recovery largely thanks to a recovery in overall risk sentiment. Cable has been the bigger beneficiary as the improving risk sentiment has seen the Dollar Index and US Treasury Yield

Chat GPT Utility – Other – 5 October 2023

https://www.mql5.com/en/market/product/106485 The ChatGPT MT4 Script is a powerful tool that allows you to integrate OpenAI’s GPT-3 chatbot capabilities into your MetaTrader 4 (MT4) trading platform. This script enables you to have interactive conversations with the chatbot directly from your MT4 terminal, making it easier to access information, receive trade suggestions, or perform various tasks using

Consolidates around mid-1.0500s, focus remains on US NFP

Share: EUR/USD struggles to gain any meaningful traction on Friday and oscillates in a narrow band. The technical setup seems tilted in favour of bears and supports prospects for further decline. Traders now await the release of the key US NFP report before placing fresh directional bets. The EUR/USD pair is seen oscillating

Woodies CCI Arrows Oscillator MT4 Indicator

In the ever-evolving world of forex and stock trading, having access to reliable indicators can make all the difference. One such indicator that has gained popularity among traders is the Woodies CCI Arrows Oscillator MT4 Indicator. In this comprehensive guide, we’ll delve into what this indicator is, how it works, and why it’s considered a

What’s in Store for Nasdaq 100, USD, Yields, and Gold?

US NFP REPORT KEY POINTS: The U.S. economy is forecast to have created 170,000 jobs in September. The unemployment rate is seen ticking down to 3.7% from 3.8% previously, signaling persistent labor market tightness. A strong NFP report will be positive for U.S. yields and the U.S. dollar, and bearish for gold and stocks. Most

Euro 2-Day Rally Sees Retail Bets Become Slightly More Bearish, Will EUR/USD Rise?

Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro experienced best 2 days since the middle of September Recently, retail traders have started to build downside bets While that may be a bullish signal, downtrend remains intact Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro climbed for a second trading