The indicator depicts straight channels for three different time frames (1 hour, 4 hour, 1 day) and shows them on one chart. To make it clearer, the boundaries of each channel are displayed on the chart. Time frames determine how thick the lines are. In v2.5.mq4 version there is an additional option - horizontal position of channel boundaries.
Forex Analysis MT5.com
June 9, 2023 : Analyzing Recen
The market bounced back from 1.0800-1.0850 but met with more sellers that pushed the prices down again. The 1.0930 level was a key barrier for buyers ...
June 9, 2023 : EUR/USD Intrada
The bulls also dominated the price action around the key level of 1.0550-1.0600, resulting in more bullish continuation towards 1.0800. In addition, ...
June 9, 2023 : GBP/USD Intrada
The US dollar still has support from the higher inflation expectations and the chance that the Fed may reduce its asset purchases. ...
Analysis of EUR/USD on June 9
On Friday, EUR/USD added several more dozens of pips after jumping by 120 the day before ...
Technical analysis of GBP/USD
The GBP/USD pair retreats to 1.2580, looks to post some weekly gains. The GBP/USD pair gained its traction and rose to the 1.2580 area in the American ...
Technical analysis of EUR/USD
The US Dollar has been losing ground against some of its major counterparts, such as the Euro and British Pound. In response, retail traders have been ...
Bitcoin recovers losses amid S
What could be worse for BTC/USD than regulators' most menacing intervention in the cryptocurrency system, massive capital outflows, and fears of crypt ...
USD/CAD. "Canadian Nonfarms" e
"Canadian Nonfarms" disappointed traders. This fact reduces the likelihood of a rate hike at the next Bank of Canada meeting ...
Technical analysis on USDCAD f
USDCAD is under pressure. Price is trading around 1.3330 approaching the horizontal support area of 1.3250 where we find the lower boundary of the tra ...
Technical analysis on Gold for
Gold price is trading around $1,955. Price remains above the key black upward sloping medium-term support trend line but has also started forming lowe ...
What is the probability of a r
The latest data on unemployment claims in the United States shows a slowdown in the labor market, which means the U.S. economy is contracting. These d ...
Ichimoku cloud indicator anal
EURUSD is trading around 1.0767. According to the Ichimoku cloud in the 4 hour chart, short-term trend is bullish as price is trading above the cloud. ...
Technical analysis on Bitcoin
Bitcoin is trading around $26,700. Short-term trend remains bearish as price continues forming lower highs and lower lows. Price remains inside the re ...
Trading Signal for GBP/USD for
According to the eagle indicator, we can see that it is producing an extremely overbought signal. In the next few days, the British pound could make a ...
USD/CAD Outlook for June 9, 20
A new increase in volatility in the quotes of the Canadian dollar and the USD/CAD pair is expected today at 12:30 (GMT), as Statistics Canada releases ...