Zone Trader EA Manual – Analytics & Forecasts – 10 December 2024

This is the manual for the Zone Trade EA available here: https://www.mql5.com/en/market/product/127753 The EA is a manual trading tool for trades to automatically take trades at support and resistance or supply and demand zones using price action entries within those areas. It is designed to be used as a position trading tool meaning there are no

Support and Resistance – Analytics & Forecasts – 28 November 2023

Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change direction, and begin to fall. Resistance is often viewed as a “ceiling” keeping prices from rising higher. If price

Gold Prices Defy Pivotal Technical Resistance, AUD/USD Attempts Bullish Breakout

GOLD PRICE (XAU/USD), AUD/USD FORECAST: Gold prices climb and challenge technical resistance on the back of falling U.S. yields and U.S. dollar softness AUD/USD also pushes higher, breaking above its 200-day simple moving average This article looks at key technical levels to watch on XAU/USD and AUD/USD this week Most Read: US Dollar Forecast –

USDCHF under bearish pressure as it fails to break key resistance

USDCHF remains below the 0.8900 level. Sellers in control. The tumble lower in the USDCHF took the price below its 100-day moving average at 0.8896 (blue overlayed step line on the chart above), 50% retracement at 0.88999, and Swing level near the 0.89000 level (see red circles on the chart above). Since then, the price

Bitcoin (BTC), Ethereum (ETH) Rally Continues, Resistance Levels Come Under Pressure

Bitcoin (BTC) Prices, Charts, and Analysis: Bitcoin and Ethereum pushing back to multi-month highs. Has the long-awaited altcoin season started? Recommended by Nick Cawley Get Your Free Introduction To Cryptocurrency Trading Bitcoin made a fresh 18-month high on Wednesday as buyers continue to dominate the cryptocurrency space. The largest coin by market cap broke through

S&P 500, NAS 100 Runs into Resistance, Can the Rally Continue?

SP 500 & NAS100 PRICE FORECAST: NAS100 and SPX Both Face a Key Resistance Test if the Rally is to Continue. A Slew of Earnings to Come After Market Close Could Push US Indices Past Key Resistance Levels. IG Client Sentiment Shows that Retail Traders are Net-Short with 59% of Traders Currently Holding Short Positions

Cable Encounters Resistance Ahead of Q3 GDP Print

GBP/USD News and Analysis Markets turn dovish on rates after Powell’s dot plot comments Bank of England maintains hawkish posture but worrying growth, employment data could test its resolve sooner than expected GBP/USD buoyed by dollar decline – meets immediate resistance via 200 SMA The analysis in this article makes use of chart patterns and