Author: FX

The MT5 Round Number Indicator is a technical tool that marks whole numbers and half numbers on price charts. Think 1.1000, 1.1050, 1.1100 for EUR/USD, or 150.00, 151.00, 152.00 for USD/JPY. These aren’t random lines—they’re price levels where human psychology and algorithmic trading collide. Here’s why these levels matter: Traders naturally gravitate toward round numbers when placing orders. Institutional desks set stop losses at these levels. Banks park limit orders there. Retail traders place take-profits at nice, clean numbers because our brains prefer them. The result? Liquidity clusters at these points, creating support and resistance zones that actually influence price…

Read More

The Fibonacci Trend Indicator MT5 addresses this challenge by merging two proven concepts: Fibonacci retracement levels and trend direction analysis. This tool plots dynamic zones based on recent price swings while simultaneously identifying whether the market is trending up, down, or sideways. Traders get visual confirmation of both trend strength and potential reversal points on a single chart. What the Fibonacci Trend Indicator MT5 Actually Does This indicator automatically calculates Fibonacci retracement levels from recent swing highs and lows, then colors the zones based on current trend direction. Unlike static Fibonacci tools that require manual drawing, this MT5 version updates…

Read More

Silver price (XAG/USD) retreats late in the North American session, down by over 6.80% in the day, poised to finish the week with losses of more than 15.70%, posting its second-largest weekly loss since the one that ended down 17.39% on January 30. At the time of writing, XAG/USD trades at $67.89.XAG/USD Price Forecast: Technical OutlookAlthough turned bearish this week, Silver remains upward biased as long as the bulls keep spot prices above the February 6 swing low of $64.10. In the short term, XAG/USD turned negative after falling below the 100-day SMA at $72.55, which exacerbated a drop below…

Read More

Here is the latest from Trump:We are getting very close to meeting our objectives as we consider winding down our great Military efforts in the Middle East with respect to the Terrorist Regime of Iran: (1) Completely degrading Iranian Missile Capability, Launchers, and everything else pertaining to them. (2) Destroying Iran’s Defense Industrial Base. (3) Eliminating their Navy and Air Force, including Anti Aircraft Weaponry. (4) Never allowing Iran to get even close to Nuclear Capability, and always being in a position where the U.S.A. can quickly and powerfully react to such a situation, should it take place. (5) Protecting,…

Read More

If you ever needed proof that forex trading is never just about one thing, this was the week. Between a war in the Middle East keeping oil markets on edge, six major central banks dropping policy decisions within days of each other, and a triple-witching Friday throwing a wrench into the mix — the currency market had a lot to digest from March 16 to 20. The throughline? Geopolitics and central bank tone were in a constant tug-of-war, and the currencies that came out on top were the ones with the clearest policy story to tell. The ones caught in…

Read More