Pair retraces recent losses, plods above 1.0800

Share: EUR/USD holds ground due to the ECB’s support of a hawkish stance. The previous week’s low appears to be the support followed by the 1.0750 psychological level. Nine-day EMA emerges as the key barrier following the 14-day EMA at 1.0874 level. EUR/USD hovers above 1.0800 psychological level during the Asian session on Monday.

New VWAP MT4 Indicator – ForexMT4Indicators.com

In the fast-paced world of trading, having access to accurate and insightful indicators is essential for making informed decisions. The Volume Weighted Average Price (VWAP) indicator is a powerful tool that provides traders with valuable insights into market trends and price movements. In this article, we will explore the new VWAP MT4 indicator and how

Japanese Yen Slides on BoJ and Fed Commentary from Jackson Hole. Higher USD/JPY?

Japanese Yen, USD/JPY, US Dollar, BoJ, Intervention, JGB, Yields, Ueda, Powell – Talking Points USD/JPY is contemplating new peaks after reaching higher this week The BoJ and the Fed appear to be on differing paths, and it might assist USD/JPY The moves in Treasury yields might hold the key for USD/JPY direction Trade Smarter –

Xi Jinping deep-rooted philosophical objections to Western-style consumption-driven growth

A weekend article in the Wall Street Journal says that Chinese Communist Party Chairman Xi Jinping has deep-rooted philosophical objections to Western-style consumption-driven growth, people familiar with decision-making in Beijing say. Xi sees such growth as wasteful and at odds with his goal of making China a world-leading industrial and technological powerhouse, they say. Xi

EUR/USD is 1 Week Away from the Longest Losing Streak Since 2014

Euro, EUR/USD, RSI Divergence – Technical Update: Euro at 6-week loss, 7th would mean longest since 2014 EUR/USD confirms breakout under key rising support Watch for positive RSI divergence on the 4-hour chart Recommended by Daniel Dubrovsky Get Your Free EUR Forecast At 6 weeks, the Euro is on its longest consecutive losing streak against

Rectangle pattern trading indicator – Market News – 27 August 2023

How I use rectangle pattern trading This post is to show how I use technical analysis tools for rectangle pattern trading. Rectangle pattern breakout indicator is part of this tools. A lot of rectangle trading pattern can be marked with this tools. I also like to mark out rectangle pattern forex on chart. Some of rectangle pattern in trading can

XAU/USD bulls eye $1,950 and US inflation, employment clues for confirmation

Share: Gold Price stays defensive within multi-day-old falling wedge after snapping four-week downtrend. Mixed United States data, pullback in Treasury bond yields lure XAU/USD buyers within bullish chart pattern. Federal Reserve Chairman Jerome Powell, other policymakers defend hawkish bias but cite data dependency to prod Gold bears. Fed’s preferred inflation gauge, NFP will