Author: FX

The ZigZag Dual Buffer MT4 Indicator makes it easier for traders to understand market structure by filtering out small price movements and highlighting only the major swings. It connects swing highs and lows with clean lines, offering a clear view of where the price has been and possible reversal points. With its dual-buffer system, it also allows for smoother integration into automated strategies or custom scripts, making it especially helpful for those who rely on algorithmic trading. Why Dual Buffer Makes a Difference Unlike the standard ZigZag indicator, the dual buffer version offers better flexibility for developers and traders alike.…

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The major US stock indices are closing session highs. For the S&P and NASDAQ indices, they each closed at record levels. For the Dow industrial average it closed 4 points from its all time high close which goes back to December 4, 2024.A snapshot of the closing levels shows:Dow industrial average rose 507.85 points or 1.14%, closing at 45010.29. The record high is 45014.04 S&P index rose 49.29 points or 0.78% at 6358.91. NASDAQ index rose 127.33 points or 0.61% at 21020.02Russell 2000 rose 34.37 points or 1.53% at 2283.12The new intraday high for the S&P is 6360.64. The new…

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Fiserv stock sinks as much as 21% on Wednesday.Organic sales miss consensus, and management lowers 2025 outlook.CEO continues to expect double-digit adjusted EPS gains.Trump inks deal with Japan for 15% tariff.Fiserv (FI) stock sold off 21% on Wednesday after the payments company reported a decent second quarter that didn’t live up to expectations. The company missed Wall Street’s organic sales growth in Q2 and also lowered guidance for organic sales for the full year.Fiserve stock traded down from a prior close near $166 to as low as $128 in Wednesday’s morning session. The pessimistic turnaround comes even as markets advance…

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The Euro weakens against the Pound as focus shifts to Thursday’s ECB policy decision.The ECB is expected to keep rates unchanged at 2.00%.Eurozone Consumer Confidence improves to -14.7 in July.The Euro (EUR) weakens against the British Pound (GBP) on Wednesday as investors turn their focus to the European Central Bank (ECB) policy decision due Thursday. The EUR/GBP cross is under pressure, trading around 0.8655 during the American trading hours, down nearly 0.43% on the day.Wednesday’s pullback in the pair follows a short-lived rally earlier this week, as investors reassess Eurozone monetary policy prospects amid fading rate cut expectations. The central…

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The GBPUSD is pushing to a new intraday high and is now extending away from the 38.2% retracement of the July trading range, located at 1.35263. Late yesterday, the price oscillated around that level into the U.S. close, showing indecision. During the Asian session, a corrective dip held support near the high of a key swing area between 1.3505 and 1.3514. That successful hold gave buyers the green light to push higher.In early North American trading, the price briefly dipped below the 38.2% retracement—down to 1.3523—but quickly snapped back, reaffirming bullish control. Since then, GBPUSD has climbed to a new…

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Gold pulls back from recent highs as US-Japan trade deal boosts sentiment.US Dollar strength and rising yields limit gains for bullion but Fed policy uncertainty and trade tensions limit losses. XAU/USD hovers above $3,400 while the precious metal remains vulnerable to shifts in risk sentiment and the broader outlook for the US Dollar.Gold is undergoing a modest pullback on Wednesday, as markets assess the implications of a United States (US)–Japan trade agreement and remain cautious ahead of further developments in the European Union (EU)–US negotiations.Despite the correction, XAU/USD is holding above the $3,400 mark, supported by lingering tariff risks and…

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As our members know we have had many profitable trading setups recently.  In this technical article, we are going to talk about another Elliott Wave trading setup we got in NVIDIA. The stock has gained more than 60%   since we bought it in April.  NVDA has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this article, we’ll break down the Elliott Wave Forecast. NVDA Elliott Wave daily chart 04.27.2025 The stock has given us a pullback against the 39.22 low. The pullback shows a clear 7-swing pattern, with the Blue Box (buyers’ zone)…

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