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Bullish Triangle or Double Top for USD/JPY?
US Dollar, Japanese Yen, USD/JPY – Price Action:USD/JPY’s broader trend remains down.Key focus is on Japan inflation data due on FridayGiven that the BOJ is comfortable with the current policy settings, which way is USD/JPY headed?…
BlueSwift GridRescue – MT4/MT5 – user manual – Trading Systems – 17 April…
(Version 1.0) --a product by BluesAlgo Ltd 2023 This is user manual for using BlueSwift's Grid Rescue Expert ('BlueSwift') Glossary for terms used in this manual: - TopOrder / BottomOrder: TopOrder means that latest…
Forex Setup of the Week: GBP/USD’s 1-Hour Uptrend
Top-tier reports scheduled in the U.K. this week are giving us a chance to take a closer look at GBP/USD’s uptrend.
As you can see, Cable has come a long way from its 1.1800 lows in early March.
In fact, GBP/USD even started trading…
Likely flex muscles above 134.00 as Fed to hike rates further
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USD/JPY is at a make or a break level around 134.00 amid the Ascending Triangle formation.
Multiple…
GBP/USD Rally Due for a Minor Pause?
GBP/USD, BRITISH POUND - Technical Outlook:GBP/USD’s broader trend remains up.However, some softness in the pair can’t be ruled out ahead of key UK dataWhat are the signposts to watch?
Recommended by Manish Jaradi…
Bears testing 0.6700 that guards 0.6650
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AUD/USD bears are in the market and eye a downside extension.
The US Dollar is bouncing back to…
XAU/USD struggles above $2,000 as more rate hikes from Fed seem inevitable
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Gold price looks vulnerable above $2,000.00 as Fed to raise rates further.
US equities are expected…
S&P 500 could move towards the 4244 level
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Weekly forecast, April 17 – 21, 2023
Uptrend scenario
An uptrend will start as soon, as the market…
Bearish Rectangle Brews, Will a Breakout Unfold?
Natural Gas, Momentum Keeps Fading, Bearish Rectangle – Technical Update:Natural gas prices continue stabilizing around the February lowA Bearish Rectangle chart pattern is brewing on the 4-hour chartKeep a close eye for a potential…
XAU/USD retreat needs validation from $1,977 and Purchasing Managers Indexes
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Gold price remains pressured after retreating from multi-month high.
US Dollar rebound prods…