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Advantages and Disadvantages of Simple Moving Average – Analytics & Forecasts – 23…
Most forex traders, irrespective of their trading skill levels, prefer using SMA because of its simplicity and ease of understanding. Using the indicator tool involves dividing the accumulated total of data points over a set…
S&P 500, Gold, US Dollar; Powell, ECB, BoC, Australia CPI, Germany Ifo, UK jobs
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Global equity markets fell sharply in the week on escalating tensions in the Middle East and the surging US Treasury yields after…
Play of the Day Recaps: October 16 – 20, 2023
Our forex strategists had a very effective week as they focused on the effects of geopolitics on the FX markets and a calendar heavy with top tier economic catalysts.
Three out of four discussions played out strongly in their favor,…
EUR/USD and GBP/USD analyse 22th Oct 2023 udpated – Analytics & Forecasts – 22…
EUR/USD pause falling this 2 weeks, is the EUR/USD down trend ended ? don't be too optimistic. please check this chart, the blue line is our model indicator, the model value has droped to the low of Nov 2022 (0.9824 ) , right…
Review of trades of the Owl Smart Levels strategy for the week from October 16 to 20, 2023 –…
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…
NZD/USD continues to test into 2023 lows, a drop to 0.5800 could be on the cards
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The NZD/USD is trading into the low end as the Kiwi tests 11-month lows against the Greenback.
NZ…
USD/CHF finds support at the 100-day SMA, correction in the horizon
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The USD/CHF rebounded at the 0.8900 area, rising to a high towards 0.8935, seeing 0.15% gains.
The…
WTI giving back some of Thursday’s gains, tests below $88.00
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Crude Oil prices are seeing a tentative step back after tipping into a 13-day high early on Friday.…
GBP/USD looking for a Friday recovery as market sentiment firms up, US Dollar easing back
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The GBP/USD is pushing into the high side for Friday, tapped into 1.2170.
Broader market sentiment…
XAU/USD hits a 5-month peak, dips to $1980s on safe-haven flows, weak USD
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Gold price reached a five-month high at $1997.16 per troy ounce after bouncing back from daily lows…