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EURUSD : The Week Ahead – August 8-12

Sat, 06 Aug 2022

EURUSD fell -0.35% in the first week of August. A rise in T-bill yields over the week and a stronger-than-expected US payrolls report in July pushed the dollar higher and... Read more

RMA MACD MT5 Indicator

Sat, 06 Aug 2022

This MACD is using what is known as rma average for MACD calculation. Taking into consideration that rma is a variation if the sma, the macd values produced are almost... Read more

Trading the Trend MT5 Indicator

Fri, 05 Aug 2022

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Market Update – August 5 – Slowdown clouds NFP

Fri, 05 Aug 2022

USDIndex dropped a handle and fell to 105.50 from an early high of 106.40. Yields dropping measurably even in the face of the BoE’s 50 bp rate hike and ongoing... Read more

XAUUSD – Gold Price on NFP Day

Fri, 05 Aug 2022

XAUUSD, H1 As a safe haven asset, gold prices continued their gains for the third week to the highest level in four as the week kicked off with a contraction... Read more

High Low Divergence Forex Trading Strategy

Fri, 05 Aug 2022

Many traders preach against trying to catch peaks and troughs. In a way they do have a point. Catching peaks and troughs is difficult. It is just as hard to... Read more

Trigger Line with Arrow Indicator for MT5

Thu, 04 Aug 2022

Introduction to the Trigger Line with Arrow Indicator Moving average crossovers can be good trend or momentum reversal signals. The question is which pair of moving average lines should we... Read more

BoE hiked; US jobless claims add downside risk to NFP

Thu, 04 Aug 2022

BoE left the door open to further 50 bp steps. It also warned that inflation pressures have intensified and are expected to rise to just over 13% in 2022 and... Read more

Pip Chart MT5 Indicator

Thu, 04 Aug 2022

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Market Update – August 4 – BOE Day!

Thu, 04 Aug 2022

USDIndex firmed to 106.82 on the Fed outlook and solid data before sliding to 106.38 at the close. Yields spiked, on top of the heavy losses Tuesday (10yr 2.51%), then... Read more