Author: FX

100 Accurate Forex MT4 Indicator work by analyzing historical price data to find levels where the market has repeatedly stopped, reversed, or hesitated. The best MT4 indicators use advanced algorithms that scan through thousands of candlesticks to pinpoint these zones. They look at swing highs, swing lows, and areas where buyers and sellers have battled before. When an indicator marks a level on the chart, it’s showing traders where price has respected boundaries in the past. The accuracy comes from the fact that these psychological price points tend to repeat. Traders remember where they bought or sold before, and big…

There are just a couple to take note of on the list for the day, as highlighted in bold below.The first ones are for EUR/USD, layered from 1.1650 through to 1.1700. The pair remains on a descending trend since the turn of the year and the expiries will add a layer to keep price action in check with that regard. The 100-hour moving average sits at 1.1675 currently and sellers are doing well to keep things below the key level since last week. So, the expiries layer will add to that with a secondary defense seen at 1.1700 – holding…

Will U.S. dollar bears make a comeback as Uncle Sam rolls out its latest inflation updates? Our Event Guide for the U.S. CPI report points to modest consumer price gains in December, a result that would support expectations for gradual Fed rate cuts. But what if this week’s numbers come in softer and spark more aggressive rate cut hopes instead? In that scenario, setups like USD/JPY and AUD/USD could start looking especially interesting. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic…

The EUR/USD pair edges higher to near 1.1655 during the early European session on Monday. The US Dollar (USD) softens against the Euro (EUR) amid renewed concerns over US Federal Reserve (Fed) independence. Traders await the US Consumer Price Index (CPI) inflation report on Tuesday. Fed Chair Jerome Powell said in a statement that the US Justice Department has threatened criminal charges against him in connection with his Senate testimony last June, during which he discussed the estimated $2.5 billion renovation. Powell described the move as unprecedented and a direct challenge to the central bank’s independence. This, in turn, weigh on the Greenback and…

Fed’s Powell says Trump administration has threatened him with a criminal indictment Source link

Summary:Trump says he may block Exxon from investing in VenezuelaCEO Darren Woods called the country “uninvestable”Exxon cited past asset seizures and weak legal protectionsTensions complicate US efforts to revive Venezuela’s oil sectorHighlights gap between political goals and commercial risk-Trump threatens to block Exxon from Venezuela after CEO brands country ‘uninvestable’US President Donald Trump signalled a potential rift with America’s largest oil producer after saying he may prevent Exxon Mobil from investing in Venezuela, following blunt comments by the company’s chief executive questioning the country’s investment viability.Speaking to reporters aboard Air Force One on Sunday, Trump said he was unhappy with…

The Halftrend indicator was designed to cut through this noise. Unlike traditional moving averages that lag or oscillators that generate false signals in trending markets, Halftrend uses a unique calculation method to identify trend direction while filtering out minor price fluctuations. It’s not a magic solution—no indicator is—but it offers a cleaner visual approach to trend-following that many traders find more actionable than standard tools. What the Halftrend Indicator Actually Does At its core, Halftrend is a trend-following indicator that plots above or below price candles to show directional bias. When the indicator line sits below price and displays in…

The MMI, or Market Momentum Index, is a technical indicator designed specifically for the MetaTrader 4 platform. It helps traders identify when a currency pair or asset might be overbought or oversold by measuring the strength of price movements. Unlike some complicated indicators that require a PhD to understand, the MMI keeps things simple. It uses a scale from 0 to 100, where readings above 75 typically signal overbought conditions and readings below 25 suggest oversold territory. This straightforward approach makes it perfect for both newcomers and experienced traders who want quick, actionable insights without the headache. How Traders Use…

US President Donald Trump is weighing a series of potential military options in Iran following deadly protests in the country, CNN reported on Sunday. The sources said Trump considers following through on his recent threats to strike the Iranian regime should it use lethal force against civilians.Officials said a number of different agencies have been involved in helping prepare options for the president. More formal briefings are scheduled in the coming week, including one on Tuesday, when Trump is expected to meet senior national security officials to discuss how to proceed. Market reactionAt the time of writing, the West Texas Intermediate (WTI)…

Allegiant to acquire Sun Country Airlines for $1.5 billion Source link