Technical analysis of the EURUSD pair During the previous two trading days, the price fell and then started moving sideways, which led to the opening of trading today inside the triangle marked in white, which is the common area between the price...
AUD/USD Fundamental Analysis The AUD/USD is under some pressure today, largely influenced by global risk sentiment. Australia's latest employment data showed a slight rise in the unemployment rate to 3.8%, hinting at a cooling labour market. This...
GBP / CHF: An Hourly Time Frame Road Map The GBP news data proved a good experience against the CHF. Thus, the price hit 1.1326 and a bullish scenario appeared. But, the sellers or bears will pull back and hit the 1.1300 level later. Also, judging...
To set up indicators and backtest an H1 scalping strategy on MT5 platform, we can follow these steps: 1. Setting Up Indicators on MT5 Here’s how we can configure the indicators for the scalping strategy: A. Add Moving Averages (50 EMA and 200 EMA) ...
GBP / CAD: An Hourly Time Frame Recommendation The Bulls of the GBPCAD shooter and the 1.8175 level yesterday. Significantly, the bears or sellers are under pressure due to the consistent negative news data from CAD. Thus, understanding the...
