The USDCHF is higher on the week, but the price action has been up and down, especially over the last 4 trading days. Technically, the price has been moving above and below technical levels like the: 200-day moving average currently at 0.8999, 100-hour moving average currently at 0.9044, and the 50% midpoint of the move
SILVER, GOLD OUTLOOK: Gold and silver prices rebound, but their upside is capped by the move in bond yields Palladium sinks to its lowest level in more than 5 years This article explores XAU/USD and XAG/USD’s key technical levels to monitor in the coming trading sessions Trade Smarter – Sign up for the DailyFX Newsletter
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from October 30 to November 3, 2023. For convenience and timely receipt of signals I use the Owl Smart Levels Indicator. The main trading timeframe is M15, while the H1 and
In the world of forex trading, precision is paramount. Every decision, every analysis, and every trade carries a weight of significance. Traders constantly seek tools and strategies that can provide them with a competitive edge in this highly dynamic and volatile market. One such tool that has gained popularity among traders is the Round Levels
© Reuters. The currency pair experienced a rebound this week, testing resistance levels amidst a backdrop of favorable US consumer sentiment and personal spending data. The pair hit a new low at 149.47 before recovering to 149.77, marking a positive start to the week. The pair is currently testing resistance levels, with the previous high
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from October 23 to 27, 2023. For convenience and timely receipt of signals I use the Owl Smart Levels Indicator. The main trading timeframe is M15, while the H1 and H4
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
In the world of forex trading, success often hinges on having access to the right tools and strategies. One such tool that has gained popularity among traders is the Round Levels MT5 Indicator. In this article, we will dive deep into this powerful indicator, exploring its features, benefits, and how it can be effectively used
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from October 16 to 20, 2023. For convenience and timely receipt of signals I use the Owl Smart Levels Indicator. The main trading timeframe is M15, while the H1 and H4
As the market prepares for the Fed chair speech in front of the New York Economic Club at 12 noon, the price action of the EURUSD, USDJPY and the Nasdaq (as a proxy for the US stock market), have defined key levels that traders will be watching for bias, risk and target clues. In this
