EURUSD Trend Reversal Stalls after Powell Remarks
EURUSD, Dollar, Interest Rate and FOMC Talking Points Talking Points: The Market Perspective: EURUSD Bearish Below 1.0700 The technical structure behind EURUSD the past four months has put the power back into the bulls’ control, but the strong reversal just of the past four days may change our course Fed Chairman Powell caused more than […]
Long-term trend remains tilted to the upside – SocGen
Share: The rally in EUR/USD came to a shuddering halt after the dovish market interpretation of the ECB rate decision. Still, economists at Société Générale note that the long-term points to the upside. Further profit-taking cannot be ruled out “Tactically, further profit-taking cannot be ruled out.” “The ECB may try to correct the […]
Recovery fades near 159.50 as key DMAs, trend lines probe bulls
Share: GBP/JPY bulls struggle to keep the reins after two-day uptrend. 10-DMA, 21-DMA and two-month-old resistance line challenge immediate upside amid sluggish MACD. Bears should wait for 61.8% Fibonacci retracement breakdown. GBP/JPY makes rounds to 159.40 while fading the two-day uptrend during early Tuesday. In doing so, the cross-currency pair jostles with the […]
Trend Power and Direction Indicator for MT5
Introduction to the Trend Power and Direction Indicator Momentum breakouts are one of the most effective types of trade entries. These trade entries often result in strong run moving in the direction of the momentum breakout. The Trend Power and Direction Indicator is a trading tool developed to help traders capture trading opportunities based on […]
Correction weaker before a trend stronger – MUFG
GBP gained further in January, mainly versus USD. Economists at MUFG Bank believe that the Pound could struggle in the near term before a sustained appreciation trend emerges. Global risk a key support for GBP “The sharp decline in natural gas prices and the continued reopening of China have helped lift global growth expectations and […]
How to play the short term trend accelerating higher
Introduction VolatilityMarkets suggests top quant trade ideas to take advantage of trending markets. Market summary SPCE last price was $ 6.34. In the short term Virgin Galactic has been accelerating higher. In the long term Virgin Galactic has been accelerating higher. Over the past 22 days, the SPCE price increased 16 days and decreased 6 […]
How To Trade Different Types Of Trend Lines (Ultimate Guide)
If you’re a beginner trader and started learning more about technical analysis… The first tools you’d probably start learning are support and resistance, trend lines, and indicators such as the moving average. And not surprisingly… The trend line is often the most overlooked as traders dabble more into cool things. But today’s guide will aim […]
Kijun Mega Trend Forex Trading Strategy
Traders often look for opportunities to make it big in a single trade. At the same time, traders also want to trade in this manner consistently. Trading with high yields mean having high risk-reward ratios. On the other hand, trading with high consistency and accuracy means that the trader is trading with a high probability […]
S&P 500 and Dollar Volatility – But Unlikely Trend – Before FOMC Wednesday
S&P 500, Nasdaq 100, US Dollar, Event Risk and FOMC Rate Decision Talking Points: The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDJPY Bullish Above 132.00 Risk trends shuddered to start this trading week, but the turn from the S&P 500 and the edging higher from a Dollar in a very tight range is […]
Expect A Dollar Breakout and Potentially a S&P 500 Trend Next Week with FOMC On Tap
S&P 500, US Dollar, FOMC, ECB and BOE Rate Decisions, Earnings and Growth Talking Points: The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDJPY Bullish Above 132.00 The S&P 500 and Nasdaq 100 seemed to earn technical breaks in favor of a reversal of 2022’s bearish trend, but conviction was still in short supply […]