Hello traders, Today I spotted two trading setups. My first setup was in USDCAD M30. Price was over-extended and touched a Nested Demand Zone. I decided to Click on the Zone-Label and create to Long Market Positions . The Zone was a bit wide for that reason placed the first TP Target a bit lower
Share: Pound Sterling finds an intermediate support, but the downside seems favored amid global uncertainty. BoE Dhingra warned that further tightening could hurt the UK economy. Investors shift focus to the July Employment data, which will be released on Tuesday. The Pound Sterling (GBP) discovered intermediate support as investors started digesting the potential
USD/JPY ANALYSIS & TALKING POINTS Japan looks to US for guidance. US inflation may result in Japanese involvement. Bearish divergence suggestive of downside to come. Recommended by Warren Venketas Get Your Free JPY Forecast JAPANESE YEN FUNDAMENTAL BACKDROP The Japanese Yen has yet to make any real upside impact on the US dollar this week
China’s consumer-price index and producer-price index from the National Bureau of Statistics. higher services prices (prices of air tickets, tourism and accommodation rose over the summer holiday season) dragged CPI up from its negative return in the previous month neverthelss CPI came in lower than the surveyed consensus of expectations from economists food prices fell
The shooting star price action pattern is a bearish signal that signifies a higher probability of the market moving lower than higher and is used primarily in down trending markets. In essence, it is the opposite of the hammer pattern. Here is an example of what a shooting star candle looks like:
Russia Consumer Price Index (MoM) came in at 0.28%, below expectations (0.3%) in August لینک منبع : هوشمند نیوز
If you’re an avid trader in the world of Forex, you’re probably aware of the critical role that indicators play in making informed trading decisions. Among the plethora of indicators available, the Stop Loss and Take Profit MT4 Indicator stands out as an essential tool that can significantly elevate your trading strategy. In this article,
Gold, XAU/USD – Outlook: Gold has pulled back from near key resistance and US real yields rebound. XAU/USD is approaching vital support on the 200-DMA. What is the outlook and what are the key levels to watch in XAU/USD? Recommended by Manish Jaradi How to Trade Gold Gold is restarting to feel the heat of
US stocks slumped in the afternoon but there was some last minute buying to prevent a negative finish. Closing changes: S&P 500 +0.1% Nasdaq Comp +0.1% Russell 2000 -0.3% DJIA +0.2% Toronto TSX Comp -0.3% This week was a dud. Summer isn’t over yet. This article was written by Adam Button at www.forexlive.com. لینک منبع
S&P 500, SPX, NASDAQ 100, NDX – OUTLOOK: The S&P 500 index and the Nasdaq 100 index retreated from key resistance zones. Lofty real yields, above-average valuations continue to pose a high bar for material index gains. What are the outlook and the key levels to watch in the S&P 500 and the Nasdaq 100
