Tag Archives: trade copper

*South Korea Overall Inflation +0.2% On Month, +1.0% On Year In March

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The 5EMAs Forex System is based on a well guarded method of predicting market movements, the knowledge of which will reveal how to potentially turn $1,000 into $1,000,000 in 24 months (or $10,000 into $1,000,000 in just 12 months)It uses an incredibly accurate formula (developed by a professional.No Lies, No Bs Real Money, Live Account Statements Prove Over… Read More »

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How to Download MetaTrader 4 on Windows in 2019 | FxProNow.com | Forex Trading Tips

Want to learn how to Trade in the Foreign Exchange Markets? Let me show you how. Check out our New Free 1 Hour Forex Training on https://www.FxProNow.com MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The… Read More »

Dollar Mixed Ahead Of ISM Manufacturing, Construction Spending

U.S. ISM manufacturing PMI for March and construction spending for February are set for release at 10.00 am ET Wednesday. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback dropped against the pound and the yen, it held steady against the euro. Against the franc, it rose. The greenback was worth 107.21 against the yen, 0.9667 against the franc, 1.2421 against the pound and 1.0926 against the euro as of 9:55 am ET. The material has been provided by InstaForex Company – www.instaforex.com…

April 1, 2020 : GBP/USD Intraday technical analysis and trade recommendations.

Since January 13, progressive bearish pressure has been built above the price level of 1.2780-1.2800 until March the 2nd when transient bearish consolidation below 1.2780 took place within the depicted wide-ranged slightly bearish channel.Shortly after, significant bullish rejection was demonstrated around 1.2780 on March 4. Hence, a quick bullish movement was expressed towards the price zone of 1.3165-1.3200 where significant bearish pressure brought the pair back below 1.2780, 1.2500 then 1.2260 via quick bearish engulfing H4 candlesticks.Recently, the GBPUSD has reached new LOW price levels around 1.1450, slightly below the historical low (1.1650) achieved in September 2016.Recently, the GBP/USD pair looked very OVERSOLD around the price levels of 1.1450 where a double-bottom reversal pattern was recently demonstrated.Technical outlook will probably remain bullish if bullish persistence is maintained above 1.1890-1.1900 (Double-Bottom Neckline) on the H4 Charts.Bullish breakout above 1.1900 (Latest Descending High) invalidated the bearish scenario temporarily & enabled a quick bullish movement to occur towards 1.2260.Next bullish targets around 1.2520 and 1.2680 are expected to be addressed if sufficient bullish momentum is maintained.On the other hand, H4 Candlestick re-closure below 1.2265 hinders further bullish advancement and enhances the bearish momentum on the short term.If so, Initial Bearish target would be located…