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EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0767; (P) 1.0803; (R1) 1.0844; More… EUR/USD’s rebound from 1.0694 is still in progress and intraday b…

Feb 21, 2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0765; (P) 1.0777; (R1) 1.0792; More… EUR/USD’s break of 1.0804 resistance suggests short term bottomin…

Feb 20, 2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0744; (P) 1.0766; (R1) 1.0800; More… EUR/USD is extending the consolidation from 1.0694 and intraday b…

Feb 19, 2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2560; (P) 1.2592; (R1) 1.2634; More… Intraday bias in GBP/USD remains neutral for the moment and outlo…

Feb 19, 2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.81; (P) 150.23; (R1) 150.63; More… Intraday bias in USD/JPY remains neutral at this point and more c…

Feb 19, 2024

EUR/USD Weekly Outlook

EUR/USD edged lower to 1.0694 last week but recovered since then. Initial bias remains neutral this week first. Further dec…

Feb 17, 2024

USD/JPY Weekly Outlook

USD/JPY rose further to 150.87 last week but retreated since then. Intraday bias remains neutral this week for some consoli…

Feb 17, 2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0737; (P) 1.0761; (R1) 1.0797; More… EUR/USD dips mildly in early US session as consolidation from 1.0…

Feb 16, 2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2561; (P) 1.2581; (R1) 1.2621; More… Range trading continues in GBP/USD and intraday bias stays neutra…

Feb 16, 2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.47; (P) 150.02; (R1) 150.50; More… USD/JPY is extending the consolidation from 150.87 and intraday b…

Feb 16, 2024

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FAQ

Q1: What is the best trading indicator?
A: Commonly used indicators include Moving Averages, RSI, MACD, and Bollinger Bands.

Q2: Can I rely solely on indicators?
A: No. Combine indicators with risk management and market analysis.

Q3: How many indicators should I use?
A: 2-3 complementary indicators are ideal to avoid conflicts.

Q4: Are trading indicators useful in crypto markets?
A: Yes, but combine with volatility indicators due to high swings.

Q5: How do I combine indicators effectively?
A: Use one trend, one momentum, and one volume/volatility indicator for confirmation.