The Week Ahead – the Dawn of Recovery – Orbex Forex Trading Blog

Investing.com – UBS has downgraded its long-term US dollar targets, looking to fade the currency’s rebound early in September. At 08:45 ET (12:45 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower to 101.655, having climbed to a two-week high of 101.79 at the start of…

Introduction BlockFinder Pro EA represent strategic price zones where institutional players (like banks or hedge funds) cluster large buy/sell orders. These levels become critical support/resistance areas where price often reverses or accelerates. The BlockFinder Pro EA is an algorithmic trading tool designed to autonomously identify and trade these institutional order blocks. Tailored for prop firm challenges…

Japan reportedly spent more than 5.5tn JPY in July 2024 to brace the yen and boost the currency’s performance in the forex arena. This intercession is the latest in Japan’s efforts to throw a lifeline to the yen after it dropped to its lowest mark against the USD in 38 years. The Japanese Ministry of…

This tool is a game-changer for traders using MetaTrader 4, offering a simple yet powerful way to analyze market trends. By providing real-time insights into momentum and price movements, this indicator helps traders make more accurate decisions, ultimately improving their success rate. In this article, we’ll explore how the Amazing Oscillator works, its features, and…

Source: Joe Reagor (9/27/24) Roth MKM raised its target price on Uranium Energy Corp. (UEC:NYSE AMERICAN) after its agreement to acquire Rio Tinto Plc.’s (RIO:NYSE; RIO:ASX; RIO:LSE; RTPPF:OTCPK) Wyoming uranium assets for US$175 million in cash. Roth MKM analyst Joe Reagor, in a research report published on September 25, 2024, reiterated a Buy rating on…