<p>New Version of Fractal Pattern Indicator Coming – 24 April 2020 </p> <p>We are about to release another new version of Fractal Pattern Indicator with some amazing features. In the new version, Fractal Pattern Indicator will offer the multiple timeframe scanning feature.</p> <p>This is indeed good news for you becaus
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Opened buy trade on AUDUSD
<p>Opened buy trade on AUDUSD</p> <p>#8576012 2020.04.24 10:23:10 buy 0.15microlot price:0.63567 S/L:0.63302</p> <p>#8596509 2020.04.24 12:10:46 buy 0.15microlot price:0.63567 S/L:0.63313</p>
Repainting and Non Repainting Harmonic Pattern Indicator
<p>Repainting and Non Repainting Harmonic Pattern Indicator </p> <p>Here is some quick guide on repainting and non repainting Harmonic Pattern indicators. Pattern Scanner based on Fractal Wave detection algorithm can be either repainting or non repainting one. In our products, we provide two choices between repainting and non repa
Grains & Metals Roll Date – May 2020
<p>The first notice for May 2020 Metals & Agriculture Futures products falls on Thursday, April 30th. Traders can roll to the succeeding contracts on Monday, April 27th, before the open. Standard trade execution fees & commissions apply. For up-to-date information on contract expirations, roll dates, news announcements & more,
Germany: Biggest GDP Drop in 2020 Since the WWII
<p>German economy will shrink by more than 6% this year, a government source told Reuters on Friday. The magnitude of the downturn will be the largest in post-war history.</p> <p>The economy will recover from the coronavirus pandemic in 2021, when growth will exceed 5%, the source added.<br /> Der Spiegel magazine was the fi
DAX: Fiscal Spending as a Fuel for Growth
<p>One of the key leading indicators for the German economy – investors’ assessment of business climate slumped to a fresh all-time low in April. The Ifo index fell from 92.9 in March to 79.5 in April while the business climate index fell from 85.9 to 74.3 points. Business expectations went below 70 points stressing on […]
Are US & Iran On The Brink of War Again?
<h2>Tensions Rise Again</h2> <p>While the majority of the world’s attention has rightfully been on the ongoing COVID-19 crisis, which continued to have a devastating human and economic cost, there are some other factors beginning to rear their head which warrant trader attention.</p> <p>Over the week, we have seen an u
Chart of the Day USDCAD
<h2><span>Chart of the Day USDCAD</span></h2> <p><strong>USDCAD – Probable Price Path</strong></p> <p><span>US equity markets were little changed (S&P500 -0.1%) overnight amid disappointing hints about Gilead’s Remdesivir drug performance in Covid-19 trials. The UST bond yiel
The Friday Forex Takeaway – Episode 31
<h2>Key Points from This Week</h2> <p><strong>Oil Turned Negative</strong></p> <p>As the COVID crisis continues, the oil market this week gave the clearest indication of the economic damage being caused. Dropping over 100% on Monday as futures traders scrambled to roll their May contracts (due for expiry on
Time for changes
Fed tries out new ideas and White House comes back to the strong dollar policy The White House – Fed relationship proved once again that silence is true wisdom’s best reply. The more Donald Trump talks, the less we trust him. Meanwhile, trust in the current Fed chair has reached the highest level since 2004, […]