Summary of Today’s NFP and Market Impact On May 2, 2025, the US Non-Farm Payroll (NFP) data was released: Actual: 177KPrevious: 185KForecast: 138KSince the actual figure beat the forecast, it was considered bullish for USD. This typically pushes gold down due to their inverse relationship, and that’s exactly what happened. But here’s where it gets…
USDJPY Trade Breakdown The IQ FX Gann Levels indicator once again proved its precision in predicting key support and resistance levels. Let’s break down this successful trade step by step. 1️⃣ Perfect Entry – Gann Major Support Breakout 📉 Entry: After the price broke below the Gann Major Support 2 (153.078), I entered a sell…
🎉Yes! We finally did it!! 🎉 We have been working on it since last year. Even though a few calculations created a roadblock for us, but overcoming it was an achievement in itself!Here we bring you the advanced version of this ‘all-in-one’ IQ FX Gann Level indicator for both MetaTrader 4 and MetaTrader 5. All the…
Hello Traders! 👋🏻 Breakout trading is one of the most effective strategies in the forex market. By identifying key resistance levels, you can spot high-probability setups for explosive price moves. The IQ FX Gann Level indicator, based on Gann Time Cycle Theory, provides precise support and resistance zones to make breakout trading seamless. Strategy Explained ⬇️…
A Case Study on EURAUD (Head & Shoulders Pattern) This chart demonstrates a classic example of how effectively the IQ FX Gann Levels Indicator can be used to trade head and shoulders pattern. The EURAUD M5 chart below shows a clear, profitable setup using Gann levels. Let’s break it down: 1. Identifying the Head &…
If you’re trading Japanese Yen (JPY) pairs, understanding key support and resistance levels is critical. The IQ FX Gann Levels v1.3 indicator offers traders a powerful tool to identify these levels and predict market moves with precision. In this short blog post, we’ll take a closer look at how the Gann Levels Indicator has accurately…