EUR/USD and EUR/JPY At Risk of Fresh Decline – Analytics & Forecasts – 1 February 2023
EUR/USD is facing resistance near the 1.0880 zone. EUR/JPY is also facing hurdles and remains at a risk of a downward move below 141.00. Important Takeaways for EUR/USD and EUR/JPY · The Euro started a fresh increase from the 1.0800 zone. · There is a key bearish trend line forming with resistance near 1.0895 on […]
GBP/USD and GBP/JPY Could Resume Increase – Analytics & Forecasts – 30 January 2023
GBP/USD is consolidating gains pace above the 1.2350 zone. GBP/JPY is also rising and might gain pace if it clears the 161.80 resistance zone. Important Takeaways for GBP/USD and GBP/JPY · The British Pound is showing positive signs above 1.2350 against the US Dollar. · There is a key contracting triangle forming with resistance near […]
Simple Bollinger Band Strategy – Analytics & Forecasts – 30 January 2023
Bollinger Bands® were created by John Bollinger in the ’80s, and they have quickly become one of the most commonly used tools in technical analysis. Bollinger Bands consist of three bands—an upper, middle and lower band—that are used to spotlight extreme short-term prices in a security. The upper band represents overbought territory, while the lower band can show […]
Support and Resistance – Analytics & Forecasts – 30 January 2023
Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change direction, and begin to fall. Resistance is often viewed as a “ceiling” keeping prices from rising higher. If price […]
Forex and Cryptocurrency Forecast for January 30 – February 03, 2023 – Analytics & Forecasts – 28 January 2023
EUR/USD: Next week: Five Days of Storms and Tsunamis ● It seems that the whole world celebrated the Chinese New Year last week. There was some volatility in all major currency pairs of course, but we got an almost perfect sideways trend in the end. We will not deny the importance of the New Year […]
What is the Stochastic Oscillator? – Analytics & Forecasts – 28 January 2023
What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that move (oscillate) between zero and 100 to provide an indication of the security’s momentum. The stochastic readings […]
Install EVE EA Correctly – Analytics & Forecasts – 24 January 2023
This post will help you if you don’t know exactly how to install EveEA system Installation is as simple as possible and settings and optimization are available in the neighboring articles on the Blog. In general, there are a lot of useful secrets in My Blog, it will really help you become a professional in […]
FIBONACCI IN THE FOREX MARKET – Analytics & Forecasts – 24 January 2023
Forex traders utilize Fibonacci retracements to aid in identifying possible key levels of support and resistance. These levels are used as guidelines for traders looking to enter or exit the market along with appropriate risk management techniques. HOW TO CREATE A FIBONACCI RETRACEMENT ON A FOREX PAIR Before delving deeper into practical examples, traders need to have a […]
Market Screener for MT4 and for MT5 – Analytics & Forecasts – 22 January 2023
This is a screener that allows to identify assets that are more than usually overbought (% growth)or oversold (% fall) within a selected period of time (time frame). The market is ruled by the law, buy cheaper, sell more expensive, but without an automatic scanner it is very difficult to identify assets overbought or oversold, say, within the current […]
What Is a Correction? – Analytics & Forecasts – 22 January 2023
In investing, a correction is usually defined as a decline of 10% or more in the price of a security from its most recent peak.1 Corrections can happen to individual assets, like an individual stock or bond, or to an index measuring a group of assets. An asset, index, or market may fall into a correction either […]