TradePlus-Fx|BRENT: now on sell – Analytics & Forecasts – 16 October 2023

[ad_1] 💬Description: Oil remains one of the most interesting instruments at the moment, which is due to the aggravated geopolitical background. Metals are the same story. In our previous trading idea for oil, we assumed entering a long position with the goal of reaching level 91. This happened, but the main idea and the more promising one

Harami – price action pattern – Analytics & Forecasts – 17 October 2023

[ad_1] The harami price action pattern is a two candle pattern which represents indecision in the market and is used primarily for breakout trading. It can also be called an ‘inside candle formation’ as one candle forms inside the previous candle’s range, from high to low. Here is an example of what a bearish and bullish harami

Yen Wary on US CPI Forecasts

[ad_1] USD/JPY ANALYSIS & TALKING POINTS Poor Japanese economic data keeps USD/JPY supported. US CPI expected lower after PPI miss yesterday. 150 retest on the cards. Supercharge your trading prowess with an in-depth analysis of the Japanese Yen outlook, offering insights from both fundamental and technical viewpoints. Claim your free Q4 trading guide now! Recommended

TradePlus-Fx|GBPUSD: power of dollar – Analytics & Forecasts – 13 October 2023

[ad_1] 💬Description: The dollar began to gain strength again amid yesterday’s US inflation data. Currency pairs reacted the most, and metals only began to catch up a little later. Metals are most likely still supported by demand against the backdrop of geopolitical tensions, where, by the way, the dollar also has weight, since US bonds are bought for dollars. We