Crude Oil – 31.05.2024 – Orbex Forex Trading Blog

Financial markets have exhibited a surprisingly calm reaction to the recent announcement of increased US tariffs. Stock markets have largely erased their initial dips, the bond market has remained relatively stable, and Asian currencies have shown resilience. This suggests a prevailing belief that further negotiations will occur before the August 1st deadline. It appears that…

The QQE Mod indicator combines RSI smoothing with volatility-based trailing levels. At its core, it takes a standard RSI calculation and applies multiple smoothing passes using Wilder’s method. But here’s where it gets interesting: the indicator then creates dynamic bands around this smoothed RSI, similar to how Bollinger Bands work with price. These bands aren’t…

Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hello traders, Welcome to this week’s Forex Weekly Forecast, where we analyze the key technical and macro drivers shaping EUR/USD, GBP/USD, Gold, and Crude Oil. As always, this analysis is based on price action, market…