RELATIVE STRENGTH INDEX INDICATOR – Analytics & Forecasts – 9 February 2023

[ad_1] RSI INDICATOR EXPLAINED – WHAT IS THE RSI INDICATOR? The “Relative Strength Index”, or “RSI”, indicator is a popular member of the “Oscillator” family of technical indicators. J. Welles Wilder created the RSI in order to measure the relative changes that occur between higher and lower closing prices. Traders use the index to determine … Read more

EUR/USD Reverses Gains While USD/JPY Aims Higher – Analytics & Forecasts – 8 February 2023

[ad_1] EUR/USD is correcting lower and trading below 1.0800. USD/JPY is rising and might aim more upsides if it stays above the 130.20 support. Important Takeaways for EUR/USD and USD/JPY · The Euro started a downside correction from the 1.1035 resistance zone. · There is a key bearish trend line forming with resistance near 1.0750 … Read more

Hertz forecasts upbeat revenue after profit tops on strong rental car demand By Reuters

[ad_1] © Reuters. Hertz car rental logo is seen in this illustration taken June 27, 2022. REUTERS/Dado Ruvic/Illustration By Priyamvada C (Reuters) -Hertz Global Holdings Inc said on Tuesday it expects revenue to rise sequentially in the second and third quarters of this year on the back of strong demand for rental cars in the … Read more

Live Trading Session Using “Supply Demand EA Pro” (7/2/2023) – Analytics & Forecasts – 7 February 2023

[ad_1] Hello traders, Many traders believe that they need to spend much time in front of their screens in order to spot trades and be profitable. That is a wrong mindset. Today i spent 40 minutes in front of my charts and i placed 3 trades in total. I got about ten alerts and i … Read more

Overview of FXOpen’s Best-performing PAMM Accounts of January 2023 – Analytics & Forecasts – 7 February 2023

[ad_1] At the end of the second month of winter and after the end of all Christmas season holidays, working days continue. It will be important for many to achieve stability of earnings when investing their savings — February is a short month in terms of the number of days — and, most importantly, to … Read more

ADVANTAGES AND DISADVANTAGES OF THE BOLLINGER BANDS INDICATOR. – Analytics & Forecasts – 7 February 2023

[ad_1] Advantages Bollinger Bands are visually easy to interpret They can be used both as a volatility indicator and a momentum oscillator Bollinger Bands can be applied on any underlying asset across any time frame The indicator generates signals that not only provide precise entry levels, but also specify stop loss and take-profit zones Disadvantages … Read more

Is Scalping a Viable Forex Trading Strategy? – Analytics & Forecasts – 5 February 2023

[ad_1] Scalping in the forex market involves trading currencies based on a set of real-time analyses. The purpose of scalping is to make a profit by buying or selling currencies, holding the position for a very short time, and closing it for a small profit. Many trades are placed throughout the trading day, often lasting only a … Read more

MOVEING AVERAGE – Analytics & Forecasts – 5 February 2023

[ad_1] Moving Average: A Powerful Tool in Time Series Analysis Time series data, which measures the changes in a variable over time, is an important aspect of many industries, including finance, economics, and engineering. To understand the trends and patterns in this type of data, various statistical techniques are used, and one of the most … Read more

Forex and Cryptocurrency Forecast for February 06 – 10, 2023 – Analytics & Forecasts – 4 February 2023

[ad_1] EUR/USD: Three Weeks of Uncertainty ● The meetings of the Central Banks were held strictly according to plan last week. As expected, the key rate was raised by 25 bps (basis points) at the US Federal Reserve meeting and reached 4.75%, and by 50 bps at the European Central Bank meeting, up to 3.00%. … Read more

GRat IndiTrade: Ichimoku – Analytics & Forecasts – 4 February 2023

[ad_1] GRat IndiTrade example: Ichimoku Attached are templates with settings for all strategies, described in Learn how to design a trading system by Ichimoku. But unlike the originals, which only display messages on the chart, these strategies can automatically trade in MT5, in MT4 (using GRat_OrderImport (MT4)) and on crypto exchanges (using GRat_BinanceImport or GRat_Crypto). Just install GRat IndiTrade and apply the appropriate template to the … Read more