Author: FX

The Elliott Waves MT4 Indicator is designed to identify the natural rhythm of market movements. It marks potential waves on price charts, showing traders the likely direction of the market. By analysing these waves, traders can distinguish between impulsive trends and corrective movements, allowing for smarter trading decisions. Unlike standard indicators that react to price changes, Elliott Waves focuses on forecasting possible price cycles, giving users a proactive approach to trading. Key Features and Benefits This indicator automatically plots wave counts and highlights trend directions on the MT4 platform. It simplifies complex Elliott Wave theory into visual signals, making it…

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Mon: Chinese Trade Balance (Nov)Tue: RBA Announcement, EIA STEO, German Trade Balance (Oct), US JOLTS (Oct)Wed: FOMC Announcement, BoC Announcement, Chinese Inflation (Nov), Swedish GDP (Oct), Norwegian CPI (Nov), US Employment Cost Index (Q3)Thu: SNB Announcement, CBRT Announcement, OPEC MOMR, IEA OMR, Australian Jobs Report (Nov), Swedish CPIF (Nov)Fri: UK GDP (Oct), German/French/Spanish Final CPI (Nov)Chinese Trade Balance (Mon): Note, the data will encapsulate the first full period since the Trump-Xi meeting at the end of October, in which the sides agreed to extend their truce. The US decided to cut the “fentanyl tariff” on Chinese goods entering the US…

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The Jays Candle Display MT4 Indicator makes chart reading easier by giving traders instant candle information directly on the screen. Instead of guessing the size or strength of each candle, the indicator displays useful data like candle range, open and close levels, and directional movement. This helps traders quickly understand what the market is doing and whether buyers or sellers are in control. Perfect for New and Experienced Traders Because the indicator presents everything in a clean, readable format, it works well for traders of all skill levels. New traders gain confidence by seeing candle information clearly laid out, while…

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The Three Combo MT4 Indicator brings together trend, momentum, and signal confirmation in one chart. Instead of relying on several separate tools, traders can use this one indicator to get a full picture of market conditions. It works well across different timeframes, making it suitable for both day traders and longer-term traders. Because it simplifies the market view, it helps users make faster and more confident decisions. How the Indicator Helps Traders The indicator is designed to highlight potential buy and sell zones clearly. It may use colors, arrows, or line changes depending on the version, but the goal is…

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On Friday, the EUR/USD remained steady, poised to finish the week with gains of 0.39%, trade subsided capped by the 1.1650 figure as traders eyed the Federal Reserve’s decision next week.Euro holds gains; US inflation and sentiment data shape market outlookEconomic data boosted the US Dollar, which trimmed some of its previous losses against the Euro. Inflation data in the US was mostly aligned with estimates, while Consumer Sentiment revealed by the University of Michigan (UoM) showed signs of improvement.In the Eurozone, growth figures for the bloc showed the economy’s resilience with monthly data exceeding forecast. European Central Bank (ECB)…

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The USD is closing mixed on the day with the USD moving the most vs the CAD after stronger Canada GDP data. The USDCAD fell by -0.93% and closed below its 100 and 200 day MAs above and below the 1.3900 level (see technical post here).The USD was also lower vs the AUD (by -0.44%). For that currency pair, it rose around 1.4% this week – the biggest mover for the week (see post here).The other changes vs the major currencies were more modest on the day:EUR: UnchangedGBP -0.01%CHF +0.11%NZD -0.23%As mentioned, Canada delivered a much stronger-than-expected November jobs report,…

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