How Economic Events Like Brexit and US Elections Affect the Forex Market

When you hear about Brexit votes, presidential debates, or surprise election results, you might not immediately think “currency…
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When you hear about Brexit votes, presidential debates, or surprise election results, you might not immediately think “currency…
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The euro is holding firm after a notable rally in recent weeks. Both the EUR/USD and EUR/JPY currency pairs are showing signs of consolidation, as markets cautiously assess the outlook against the backdrop of a packed economic calendar. Traders remain in wait-and-see mode — a stance that could serve as a platform for either a…
Hello traders. Welcome to a new ‘blue box’ blog post where we discuss our most recent trade setups shared with Elliottwave-Forecast members. In this one, we will discuss the Qs – QQQ (Investico QQQ ETF). The Invesco QQQ ETF tracks the Nasdaq-100 Index, focusing on 100 large non-financial companies, mainly in technology, healthcare, and consumer…
By the end of Wednesday, the Dow Jones Index (US30) fell by 0.05%. The S&P 500 Index (US500) gained 0.51%. The technology-heavy Nasdaq (US100) closed higher by 1.02%. Wall Street finished mixed on Wednesday as tech gains offset broader market weakness, with investors weighing a favorable antitrust ruling for Google and signs of a cooling…
(you will find the optimized set files at the bottom of this page) MT4 version is available here RSI OverBought OverSold EA MT4 MT5 version is available here RSI OverBought OverSold EA MT5 The EA can be back tested with various different strategies with the help of different combinations of these options Stop-Loss and Take-Profit Single or…
What is the Correlation Filter? The Correlation Filter is a risk management feature in a trading robot (Expert Advisor). It monitors the relationships between currency pairs (or other trading instruments) when the bot considers new trades. Specifically, it checks how closely two instruments move together over time using a statistical correlation measure. When the filter…
AUD/NZD trades around the 1.0900 zone with limited movement in Wednesday’s session. Mixed signals from momentum indicators, though shorter-term averages favor buyers. Key support levels sit below, while resistance aligns near recent highs. The AUD/NZD pair held near the 1.0900 zone on Wednesday, reflecting a steady bullish tone as the market heads into the Asian…