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Session Open H-Line MT4 Indicator – ForexMT4Indicators.com
The Session Open H-Line MT4 Indicator automatically plots a horizontal line on the chart at the session’s opening price. This line acts as a key reference point that traders can use to measure price behavior. Whether the market moves above or below this level, the indicator highlights possible support or resistance zones. For intraday traders,…
Bitcoin takes its time: new records still ahead?
According to analysts, Bitcoin is currently in a relatively stable state but is in no hurry to reach new highs. This has caused concern among market participants, though some experts see no reason for alarm. In previous growth cycles, major news events and market anticipation played a key role in BTC rise. In 2023–2024, the…
Breaking News: US August Retail Sales at 5.0% Y/Y vs 3.2% expected, beats consensus
US Retail Sales (YoY) (August): +5.0% vs +3.2% expected, above consensus by +1.8% US Retail Sales (MoM) (August): +0.6% vs +0.2% expected, above consensus by +0.4% US Retail Sales Control Group (MoM) (August): +0.7% vs +0.4% expected, above consensus by +0.3% US Retail Sales ex. Gas/Autos (MoM) (August): +0.7% vs -0.1% expected, above consensus by…
Costco Wholesale Corp. $COST Can Decline 25% Before Providing a Buying Opportunity – Forex Market Analysis – ForexCycle.com
Hello Traders! Today, we’ll take a closer look at the weekly Elliott Wave structure of Costco Wholesale Corp ($COST) and discuss why the current pullback may present an upcoming buying opportunity. 5 Wave Impulse Structure + ABC correction $COST Weekly Elliott Wave View April 8th 2025: Since the low in May 2022, $COST has been…
AUDUSD May Resume Trading a Bear Market
The US dollar continues to maintain a strong stance even as we approach the US presidential election. This has significantly limited upside retracement in the AUDUSD market. Furthermore, the market seems to have resumed its downward trajectory, going by the way price activity ended on Friday of the previous week. Let’s try to understand or…
