Dow Jones – 02.01.2024 – Orbex Forex Trading Blog

GBPUSD price declined due to negative technical pattern and trading below EMA50 The (GBPUSD) price declined in its last trading on an intraday basis, affected by negative technical pattern that formed on a short-term basis (the rising wedge pattern), besides its trading below EMA50, which represents dynamic resistance that prevents the recovery chances on the…

Sprinkle of This Occasionally, we find indicators are simple yet clever.  Like, why didn’t we all think of that.  Our search stopped over something that was pretty nifty in its own way.  No overly complicated formulas drawing on calculus, black hole math, and Einsteinian (is that a word) far-fetched concepts.  Sprinkle of That This week,…

The Australian Securities and Investments Commission (ASIC) said Friday that it has cancelled the Australian Financial Services (AFS) licence of Financial Services Group Australia (FSGA), effective 7 June 2025, and permanently banned its Responsible Manager, Graham Holmes. ASIC said FSGA had failed to ensure that two of its representatives provided financial advice appropriate to clients’…

The RSI Slowdown MT4 Indicator is a modified version of the standard RSI, designed to show when momentum is weakening. Unlike the classic RSI, which quickly reacts to price changes, this version focuses on slowing movements. It helps highlight moments when a strong trend is beginning to lose its push, whether it’s bullish or bearish….