Author: FX
Missed bitcoin’s descending triangle breakdown? There could still be a chance to catch the new trend on this pullback! Take a look at these retracement levels on the 4-hour chart. Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView Bitcoin chalked up further losses as worsening geopolitical conflict in the Middle East sparked a massive wave lower for risk assets. Bulls still seem to be defending the $100K key support level strongly, though, triggering a bounce from the latest slump. Will resistance zones attract more sellers though? Remember that directional biases and volatility conditions in market price are typically driven by fundamentals.…
Buckle up, traders! The Middle East situation just blew wide open, central banks are playing musical chairs with interest rates, and economic data is painting a picture gloomier than a London winter. Source link
The StochasticONprice MT4 Indicator displays the classic stochastic oscillator right on the candlestick chart. Instead of switching between chart windows or relying on separate panels, traders can now view price action and indicator behavior at the same time. This unique feature helps traders spot momentum shifts and trend reversals without missing the bigger picture. The indicator is especially helpful in volatile conditions, as it highlights overbought and oversold zones directly on the chart, keeping things simple and efficient. Why It’s Better Than Standard Stochastic Indicators Standard stochastic indicators work well, but they require traders to constantly glance back and forth…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week. Indicative rates following US strikes on Iran. The USD is higher, but its not a large move. EUR/USD 1.1473USD/JPY 146.09GBP/USD 1.3408USD/CHF 0.8189USD/CAD 1.3745AUD/USD 0.6439NZD/USD 0.5955The news ICYMI:BREAKING: U.S. Successfully Struck Iran Nuclear SitesWhat’s Next after Iran Strikes?There was a degree of complacency after Trump said ‘within two weeks’, some traders ignored that ‘within’ meant ‘anytime within’ two weeks. I warned about this back on Friday, “the phrasing doesn’t rule out an immediate move”. I’m hoping no one reading ForexLive fell into…
US bombing of Iran started with a fake-out Source link
US airlines face heightened risks as global carriers bypass Middle East after attacks on Iran Source link
World reaction to US attacks on Iran nuclear sites Source link
The ACD_PV MT4 Indicator stands out because it combines Average Daily Range and volume analysis into a single visual display. It helps traders track price movements in relation to volume changes, offering real-time insights on when a move is strong or weak. This makes it easier for traders to spot key breakout points, trend reversals, and periods of market indecision. It’s especially useful during high volatility, where precision matters most. Why Volume Matters in Trading Volume often tells the story behind price movement. When price goes up or down with strong volume, it confirms that the move is likely to…
Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites Source link