Hovers above major support at 1.0700 amid lukewarm US Dollar

Share: EUR/USD struggles to stay in the green zone amid weaker US Dollar. Combined technical indicators support a positive outlook for the pair. The pair could revisit the 1.0750 major level aligned to the weekly high at 1.0756. EUR/USD hovers around 1.0710 during the early European session on Thursday, struggling to continue moving

SoftBank books another quarterly loss, as investment hits offset Arm

SoftBank books another quarterly loss, as investment hits offset Arm FULL STORY Its Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billion yen profit three months earlier. The net loss at group level of 789 billion yen compares with a 3.01 trillion

Asia FX muted as China disinflation weighs, dollar steady By Investing.com

© Reuters. Investing.com– Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in the Japanese yen saw traders on edge over any government intervention.  The dollar was steady in Asian trade, sticking to a recent rebound as Federal Reserve officials continued to offer hawkish signals on

Market Profile MT5 Indicator – ForexMT4Indicators.com

In the ever-evolving world of financial markets, traders are constantly on the lookout for tools and indicators that can provide them with a competitive edge. One such tool that has gained popularity among traders is the Market Profile MT5 Indicator. In this article, we will delve deep into the world of Market Profile, understanding what

Oil Sell-off Intensifies, Seeing the Commodity Trade Below a Key Level

Oil (Brent Crude, WTI) Analysis US API crude inventory data posts sizeable rise, EIA data delayed to next week Oil sell-off sees the commodity (Brent) trading below the key 200 SMA WTI trading in a similar fashion with the 200 SMA holding as resistance The analysis in this article makes use of chart patterns and

AUD/USD Extends Bearish Reversal in Fakeout Fallout

AUD/USD OUTLOOK: AUD/USD extends pullback after failing to clear overhead resistance around the 100-day simple moving average The breakout that took place last week appears to have been a fakeout This article looks at AUD/USD’s key technical levels to watch in the coming trading sessions Trade Smarter – Sign up for the DailyFX Newsletter Receive

Absolute High Low – Trading Strategies – 8 November 2023

 https://www.mql5.com/en/market/product/98525 Mastering Entry and Exit Points with the Absolute High Low Indicator Introduction In the world of trading, one constant remains: the pursuit of better tools and strategies to improve one’s trading decisions. Traders often seek indicators and systems that can help them identify market extremes, and one such tool that has gained popularity is