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What is the Stochastic Oscillator? – Analytics & Forecasts – 29 April 2023
What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that…
GBP/USD – Brief results and immediate prospects
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GBP/USD Forecast: 1.2500 proves to be a tough resistance to crack
GBP/USD has edged slightly lower…
Forex and Cryptocurrency Forecast for May 1 – 5, 2023 – Analytics & Forecasts…
EUR/USD: Awaiting Fed and ECB Meetings ● The main factor determining the dynamics of the US Dollar Index (DXY) and, consequently, the EUR/USD pair last week was… silence. If recently, the speeches of Federal Reserve…
SIGNAL TRADING REPORT FOR 29.04.2023 – My Trading – 29 April 2023
WELCOME to my signal report! This is a report of previous trading days. You can see how effective the signal works. Signal Statistics for 29.04.2023 Signal: >>> Link<<< Expert Advisor used in the…
Trades nearby six-week highs, above 136.20s
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USD/JPY skyrocketed after BoJ’s dovish decision and high US core PCE data.
USD/JPY Price Analysis:…
Crude Oil Sinks as Sentiment Waivers in the Face of Supportive Data. Lower WTI?
Crude Oil, WTI, RBOB Crack Spread, OVX, OPEC+, EIA – Talking PointsCrude oil tumbled overnight as markets weigh pending summer demandEIA inventory data would normally have been supportive, but it was ignoredThe dynamics within the futures…
XAU/USD holds steady around $1990s after data shows persistent inflation
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Gold price makes minor gains as stickier inflation prompts the Federal Reserve to tighten.
CME…
EUR/USD Preps for Data Heavy Week with ECB & Fed in Focus
EUR/USD ANALYSIS & TALKING POINTSECB rate hike looks to inflation data for guidance as money markets require more conviction between a 0.25% and 0.50% increment.USD receives additional support from souring risk sentiment.Technical…
FX Play of the Day Recaps: April 24 – 27, 2023
It was a busy week for FX traders out there, and over here, we had three out of five of our featured FX strategies do pretty well!
Check out this quick review to see how the price action and catalysts played out!
Forex Setup of the Week:…
EUR/USD rebounds, Fed considers tightening as US inflation sticks
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EUR/USD bounces back from the daily low and reclaims 1.1000 after US data.
US inflation on the…