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Chart Art: Long-Term Reversal Pattern on GBP/JPY?
Is that a head and shoulders formation I’m seeing on the 4-hour chart of Guppy?
It looks like the pair is gearing up to break below its neckline support pretty soon!
Here are the levels you should keep tabs on.
GBP/JPY 4-hour Forex…
XAU/USD holds $1,970 amid three-week uptrend, central banks eyed – Confluence Detector
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Gold Price seesaws around weekly top, braces for the third consecutive weekly gains.
Overall mixed…
Euro Technical Outlook – A Retreat from Lofty Levels. Will EUR/USD Reverse?
Euro, EUR/USD, US Dollar, Bollinger Bands, Island Reversal, Fibonacci - Talking pointsThe Euro bullishness has paused with technical indicators asking questionsEUR/USD price action going into the weekend may reveal short-term directionIf…
US Dollar, Nikkei 225, AUD/JPY
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Market RecapEarnings from Netflix and Tesla have triggered some profit-taking in big tech companies overnight, as pockets of weaknesses in their…
FXMH PARAMETER SETTING HIGH RISK – Trading Systems – 21 July 2023
If the initial deposit is $1000 on a HIGH RISK micro account use the parameter settings below: Currency pairs: GBP/USD Timeframe: H1 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even…
200-SMA, falling wedge prod recovery above 180.00 ahead of UK Retail Sales
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GBP/JPY bounces off intraday low during five-day downtrend.
Downbeat RSI challenges pair buyers…
Dow Jones, S&P 500 May Climb as Retail Traders Remain Deeply Bearish
Dow Jones, S&P 500, Retail Trader Positioning, Technical Analysis – IGCS Equities UpdateDow Jones, S&P 500 have been rising in recent weeksRetail traders have become more bearish Wall StreetIs this a sign that further gains could…
GBP/USD and GBY/JPY Latest Price Outlooks
GBP/USD Prices, Charts, and AnalysisTumbling Gilt yields pull Sterling-pairs lower.GBP/JPY testing short-term support again.
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UK inflation fell…
Finite-state machines – Other – 20 July 2023
Finite-state machines (FSM) are mathematical abstractions that are used in the development of trading robots to model and control trading strategies and decision-making processes. If you want to develop a trading robot, but…
Bears eye a break below key 0.6750
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AUD/USD bears are ready to pounce on rallies and eye a break of 0.6750.
Bulls need to get above…