The Currency Strength Wizard MT4 Indicator is a powerful analytical tool designed to measure and compare the relative strength of major currencies in real time. By converting complex multi-pair data into a clear visual format, it helps traders identify dominant currencies and align trades with broader market momentum. What Is the Currency Strength Wizard MT4…
EUR/USD’s extended fall last week suggests that rise from 1.1467 has completed at 1.1807 already. Fall from there is seen as the third leg of the corrective pattern from 1.1917. Initial bias stays on the downside this week for retesting 1.1467. Break there will pave the way to 100% projection of 1.1917 to 1.1467 from…
USD/JPY’s rise from 139.87 resumed by breaking through 157.88 last week. Initial bias stays on the upside this week for 161.8% projection of 142.66 to 150.90 from 145.47 at 158.80. Firm break there will pave the way to 200% projection at 161.95, which is close to 161.94 high. For now, outlook will stay bullish as…
GBP/USD edged higher to 1.3567 last week but formed a short term top there and reversed. Initial bias is mildly on the downside this week for 55 D EMA (now at 1.3366). Sustained break there will argue that the decline is another falling leg in the corrective pattern from 1.3787. In this case, deeper fall…
The EUR/USD weekly forecast remains tilted to the downside, as US data shows resilience and fading odds of a January rate cut by the Fed. Markets ignored the improved Eurozone data, maintaining the selling pressure. Technically, the EUR/USD price needs to overcome the 1.1680 hurdle to relieve the selling pressure. The EUR/USD pair struggled throughout…
Introduction GoldGalaxy Elite Scalper EA V3 MT5 is a sophisticated automated trading system specifically engineered for gold (XAUUSD) trading on the MetaTrader 5 platform. This expert advisor utilizes an advanced micro-scalping algorithm designed to capitalize on short-term intraday price movements within carefully studied volatility zones. By targeting liquidity points for minor retracements, the EA aims…
Last week, I shared a 1-hour technical analysis on Gold (XAUUSD), where price was respecting a well-defined range. At that time, price action showed strong acceptance above support, with higher-low formation on H1, indicating bullish continuation toward the upper boundary of the range. 📈 Weekly Outcome:Gold closed the week on Friday around 4509, placing price…
Is Your Trading Mood Affecting Your Family? 2 minutes read Jan 10, 2026 You had a rough session. Maybe you got stopped out. Maybe you broke a rule. Maybe the market just didn’t make sense today. You close your charts. You’re done for the day. But are you really done? You sit down for dinner….
The GBP/USD weekly forecast edges lower as the US dollar gains on upbeat economic data. US services PMI and employment data revealed sufficient resilience to lift the dollar. The coming week’s US CPI, PPI, and UK GDP are the events to watch. GBP/USD fell last week as a string of better-than-expected US economic data indicated…
You open a live trade, the price ticks against you, and the voice in your head tells you to close before the loss grows—so you do, and the missed rebound stings more than the loss itself. That’s the exact moment when a forex demo account stops being a trivial starter and starts acting like a…