EUR/USD downside stalls as dollar rally pauses for breath | Forexlive

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And that comes after a key test of the 1.0500 mark last week, with the importance of the level underlined here. The bounce this week sees the pair nudge up closer to 1.0600 but is also pausing a little since overnight trading. That coincides with the 23.6 Fib retracement level of the swing lower this […]

Pivot Points Method, Support and Resistance Strategy with Buy Limit and Sell Limit Orders

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 How to use the strategy on the “CyberBot Project” products  topic#1: Pivot Points Method, Support and Resistance Strategy with Buy Limit and Sell Limit Orders The “CyberBot Project” product represents one of the most advanced offerings available for future trading endeavors. With its “out of the box” capabilities, this product not only functions as an […]

EUR/USD hovers around 1.0600 with a positive bias as US Dollar faces profit-taking selling

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EUR/USD maintains its position as the US Dollar continues its downward correction. The US Dollar’s downside appears restrained due to dampened odds of an imminent Fed rate cut. ECB President Lagarde stated that Europe should pool its resources in areas such as defense and climate. EUR/USD remains steady with a positive bias, hovering around 1.0600 […]

Asia FX muted, dollar dips from 1-year peak as rate cut bets persist By Investing.com

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Investing.com– Most Asian currencies firmed slightly on Tuesday, while the dollar retreated further from recent one-year highs amid persistent bets that the Federal Reserve will cut interest rates in December.  Regional markets were also bracing for more economic cues from China and Japan this week, as well as a swathe of purchasing managers index readings […]

How to Identify a Profitable Trading Strategy

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Introduction There’s a vast marketplace of trading strategies available online, often showcasing impressive “backtest” results that suggest these methods will perform just as well in the future as they did in the past. While these strategies may appear attractive and promising, key questions arise: How much trust should we place in these backtested results, and […]

Bank of America says US stock mkt statistically expensive, raises 2025 price target anyway | Forexlive

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Bank of America says broad market is ‘statistically expensive on almost every metric’ raises year-end price S&P 500 to 6,000 we see limited near-term upside to the cap-weighted S&P 500 and prefer the equal-weighted index, but our bear market signposts — the triggers that typically precede an S&P 500 peak — are not signaling elevated […]

Redefining Index Trading: The Innovative Approach Behind OverSeer

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Introduction: Trading indices is a dynamic challenge requiring precision, adaptability, and robust strategies. With OverSeer, we’ve redefined how trading works by integrating machine learning models into the very core of the Expert Advisor. This post will walk you through the unique approach we’ve taken, how machine learning drives our strategy, and how it’s seamlessly integrated […]

ECBs Vujcic: The risk of inflation undershooting has picked up | Forexlive

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

Pound Sterling Price News and Forecast: GBP/USD steadies at around 1.2600

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GBP/USD Price Forecast: Steadies at around 1.2600 The GBP/USD fluctuates, yet it remains virtually unchanged at the beginning of the week as UK traders await the release of UK inflation figures and Retail Sales data. In the meantime, aside from Fed speakers, a scarce economic docket in the US might pave the way for some consolidation on […]

Expert advisor of class C3

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Description of work The expert advisor of class C3 works using an averaging grid. When a signal from the built-in indicator appears, the expert advisor opens a position, sets the takeprofit and the level for opening an averaging position. When the grid is fully opened, the expert advisor sets a stoploss. Only one grid can […]

PrimeXBT Acquires FSCA License to Launch Operations in South Africa | Forexlive

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PrimeXBT, a leading multi-asset trading platform, is pleased to announce that it has secured a regulatory license from the Financial Sector Conduct Authority (FSCA) in South Africa. This strategic expansion into the South African market is a testament to PrimeXBT’s commitment to providing secure, transparent, and innovative trading solutions to traders in the region. With […]