Advertisement &nbsp &nbsp In Dubai’s bustling tech scene, Avenix Fzco has unveiled its latest creation, Forexduo. This MetaTrader 4 Expert Advisor (EA) zeroes in on Gold trades, operating within the one-hour chart timeframe. The Unconventional Forex Robot Forexduo charts its own course, steering clear of conventional forex robot tactics. It eschews Hedging and Grid

As shown in today’s USD/JPY chart, the US dollar has gained over 3.6% against the yen since the start of the month. Yesterday, the exchange rate surpassed the peak formed on 16 August around the 149.40 level, marking a 10-week high. The bullish sentiment towards the US dollar has been influenced by increased market confidence

Created on October 10, 2024 Bearish view Sell the BTC/USD pair and set a take-profit at 58,000. Add a stop-loss at 64,000. Timeline: 1-2 days. Bullish view Set a buy-stop at 61,500 and a take-profit at 64,000. Add a stop-loss at 58,000. Bitcoin continued falling during the overnight session as odds of a more hawkish

EURUSD continued to grind lower yesterday without any resistance, which shows that the pressure has shifted to the downside for this forex pair. The ECB is sounding increasingly dovish as the Eurozone economy weakens while the FED is feeling more comfortable now after the rate cut earlier, which points down for EUR/USD. EUR/USD Chart Weekly

USDCAD has been increasing on a very solid trend since early October and yesterday this pair moved above 1.37 after the FOMC meeting minutes. The uptrend has been very straightforward, with the 20 SMA acting as support on the H1 chart, which shows that the buying pressure is very strong. USD/CAD Chart H1 – The

Created on October 10, 2024 My previous GBP/USD signal on 2nd October was not triggered as none of the key support or resistance levels I had identified were reached that day. Today’s GBP/USD Signals Risk 0.75%. Trades must be taken prior to 5pm London time Thursday. Long Trade Ideas Place a long entry following a

Created on October 10, 2024 During my daily analysis of the gold market, the first thing I see is that we continue to look at the $2600 level as a massive support level. All things being equal, this is a market that will pay close attention to that big figure as it had been previous

Share Tweet Share reddit Email GlobalTargetFx has emerged as a prominent player in the trading world, offering a range of financial instruments that empower traders to navigate global markets effectively. Understanding the various trading times across these markets is crucial for optimizing your trading strategies. In this article, we delve into the intricacies of trading

Created on October 09, 2024 The British pound has been on a sluggish path this week, recovering its previous losses to become the best performer yesterday, Tuesday. The GBP/USD price tried to recover to the 1.3113 level from losses that extended to the 1.3059 support level and is stable around the 1.3095 level at the

Created on October 09, 2024 The US dollar initially fell a bit during the trading session on Tuesday against the Indian rupee, testing the 84 level. The 84 level has been very important multiple times, and therefore I think you’ve got to pay close attention to the possibility of market memory coming into the picture.

Created on October 09, 2024 My previous BTC/USD signal on 1st October may have given a losing long trade from the initial bullish rejection of the support level at $61,338. Today’s BTC/USD Signals Risk 0.50% per trade. Trades must be entered before 5pm Tokyo time Thursday. Long Trade Ideas Go long after a bullish price action reversal

Created on October 09, 2024 The euro attempted to recover a bit during the early hours on Tuesday, as we continue to look for some type of bottom. The 1.0950 level has been important multiple times and is essentially an area that I think market memory comes into play. It was resistance multiple times this

Key points: US dollar floats near ¥148.20. Yen is under pressure again. Japan headed into election. Illustration by TradingView Greenback is floating steadily above ¥148.20 with not much exciting stuff going on right now for the yen. But big things are coming at the end of the month. The USDJPY pair was climbing steadily on

Created on October 09, 2024 Amidst selling pressure, the EUR/USD exchange rate is expected to witness further losses in the coming days and weeks, as some analysts see that a return to the 1.0780 support level is not impossible. The recent losses of the EUR/USD reached the 1.0951 support level before settling around the 1.0970

Created on October 09, 2024 The Japanese yen remained weak at around 148.55 yen per US dollar on Wednesday after falling to its lowest level in seven weeks in the previous session, as investors continued to assess the Bank of Japan’s monetary policy outlook. In its latest quarterly report, the BoJ said that price and

Traders are still digesting last week’s events  BoE Governor Andrew Bailey said the central bank might pivot to aggressive cuts. The US NFP report revealed an unexpected 254,000 new jobs in September. The GBP/USD forecast shows a period of consolidation after the recent slide to new lows. The pound remained weak after dovish BoE remarks

Economists believe the European Central Bank will cut rates in October and December. Eurozone inflation fell below 2% in September. Traders will go through the Fed’s meeting minutes. The EUR/USD price analysis indicates a continuing slump as market participants price more European Central Bank rate cuts for this year. At the same time, the dollar

In the fast-paced world of Forex trading, staying ahead of the market is crucial. Traders need access to reliable and timely information to make informed decisions. That’s where Forex signals come into play, providing real-time updates on market trends and trade opportunities. Among the platforms that deliver these signals, Telegram has emerged as a top

Created on October 09, 2024 The first thing I see is that we have in fact plunged. That being said, there are plenty of areas underneath that I think a lot of people will be looking to buy gold, and quite frankly I don’t have any interest in trying to get short of this market.

Created on October 09, 2024 The S&P 500 initially pulled back just a bit during the trading session on Tuesday, only to turn around and show buyers jumping back into the market, as it looks like we are trying to do everything we can to continue the overall uptrend. This is a market that likes