Forex Trendy Review: Video Summary Welcome back, traders! In this Forex Trendy Review, we’ll look at the fascinating world of Forex, including the rise of gold and the unexpected decline of the British Pound. Grab your charts and let’s break down the recent market movements. The Golden Waltz focuses on gold, a timeless asset that…
Category: technical analysis
Forex Trendy Review: GBPAUD Sell +90 PIPS & USDNOK Sell!
Forex Trendy Review: Summary Hello, Traders! Welcome back to another insightful Forex Trendy Review. Today, we’ll be analyzing signals and trades on the 5-minute time frame with Forex Trendy, an online service that provides real-time trend signals to help you streamline your trading activities. As always, I will be open about the winners and losers,…
What is Volatility In Financial Markets? Simple Explanation
Navigating the Financial Seas: A Comprehensive Guide to Understanding Volatility in Trading Traders are like sailors navigating the turbulent seas of uncertainty in the vast and dynamic world of financial markets. A trader must understand the intricate dynamics of market movements, just as a sailor relies on knowledge of wind patterns, currents, and the ever-changing…
Candlestick Patterns: 10 Patterns For Your Success!
Candlestick Patterns: A Trading Success Guide Candlestick patterns are a powerful tool in the technical trader’s arsenal. These visual representations of price movements can help predict future price movements and provide valuable insights into market sentiment. Understanding and recognizing candlestick patterns can significantly improve your trading strategy, whether you’re new to trading or a seasoned…
Trading With Fibonacci: 5 Cornerstones to Know!
Fibonacci is a technical indicator that pinpoints important support and resistance levels. This aids traders in their decision-making process when it comes to entry points, stop losses, and profit targets. Fibonacci analysis in trading is becoming more and more commonplace among traders. Not only does it assist you in making better decisions, but it can…
Negative PMI Data: Dollar Loses “Altitude”! Recession in Sight?
The economic outlook in the United States is rapidly deteriorating, as a measure of business services activity fell sharply in May. The Institute for Supply Management (ISM) reported that its services PMI index fell to 50.3 from 51.9, well below the 52.2 expected. With this significant drop, the index is dangerously close to entering a…
Forex Trendy Review- Gold Up +854 Pips!
In Today’s Video: Gold analysis and much more! In this video, we will look at gold trading opportunities on a one-hour time frame. Before we begin, I want to emphasize that the information provided here is for educational purposes only and does not constitute financial advice. Let’s start with the British pound on the one-hour…
Germany in Recession: Euro Falls! (0,75%)
According to the most recent GDP data, Germany’s largest economy has unexpectedly entered a technical winter recession, causing the euro to weaken further against the US dollar. Buyers are finding little reason for optimism in the current risk-averse environment, with two consecutive negative quarters, the official definition of a recession. Meanwhile, investors’ concerns about the…
EURUSD Ready For Rebound? Technical Analysis
Since May 3, the EUR/USD pair has been retracing, with constant and unrelenting falls that have broken technical support levels such as 1.10, 1.0950, 1.0900, and 1.0880 (today). These were previously thought to be strong support levels, but in the current market conditions, they have proven to be easily broken. Several macroeconomic data releases and…
XAUUSD (GOLD) Are Bears Waiting?
The American dollar is able to hold its ground better thanks to the market’s mixed feelings, which has confirmed the price of gold’s downward trend for three days running. The yellow metal is utilizing the situation after a two-week break. After some officials postponed the eagerly anticipated interviews scheduled for Friday at the start of…