Blogs
Fractal Bar MT5 Indicator
<p><span><strong>MT5 Indicators – Download Instructions</strong></span></p> <p>Fractal Bar MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.</p> <p>Fractal Bar MT5 Indicator provides for an opportunity t
USDJPY LONG TRADE SETUP
<p>The weekly right side is up against 75.57. The daily and 4 hour are turning up against the 3/9/20 lows. While a pullback remains above the 3/9/20 lows the pair can see another swing higher to correct the cycle lower from the 12/15/16 highs in the weekly triangle. </p>
USDCAD SHORT TRADE SETUP
<p>The weekly is turning up against the 9/8/2017 lows at 1.2061. The daily & 4 hour right side is up with a bullish sequence against the 12/31/19 lows at 1.2944. While below 1.4266 where the hourly is turning down the pair can continue lower to correct the cycle up from the 12/31/19 lows.</p>
(01 MAY 2020)DAILY MARKET BRIEF 2:Gold to the downside
<p>The US dollar came under a strong selling pressure on the back of dire economic data and further easing from the Fed. The US 10-year yield was little changed near 0.62%.</p> <p>Elsewhere, the European Central Bank (ECB) maintained its key interest rates unchanged at Thursday’s meeting, but pulled the interest rate on TLTRO III
(01 MAY 2020)DAILY MARKET BRIEF 1:Equities down on dire economic data.
<p>Donald Trump’s USA continues devoting all necessary monetary and fiscal measures to help the economy fight the coronavirus-led economic slowdown. The Federal Reserve (Fed) announced to expand its Main Street Lending Program yesterday so that more small and medium sized businesses could access affordable credit. Meanwhile House Speaker Nanc
(01 MAY 2020)Crude Oil (WTI) The bias remains bullish.
<p>Pivot</p> <p> (invalidation): 18.25 </p> <p>Our preference</p> <p>Long positions above 18.25 with targets at 20.50 & 21.60 in extension.</p> <p>Alternative scenario</p>
(01 MAY 2020)Silver spot ($) Expect 14.7400.
<p>Pivot</p> <p> (invalidation): 15.1000 </p> <p>Our preference</p> <p>Short positions below 15.1000 with targets at 14.8500 & 14.7400 in extension.</p> <p>Alternative scenario</p>
(01 MAY 2020)Gold spot ($) Key resistance at 1697.00.
<p>Pivot</p> <p> (invalidation): 1697.00 </p> <p>Our preference</p> <p>Short positions below 1697.00 with targets at 1679.00 & 1670.00 in extension.</p> <p>Alternative scenario</p>