Daily Market Analysis By FXOpen

Scalping Indicators in Forex and CFD Trading


Scalping indicators are technical tools that signal entries and exits in forex and CFD markets. They are typically applied on 1-minute to 5-minute charts during very short-term trades. These forex scalping indicators process price, momentum, and volatility data into structured readings. They suit conditions defined by tight spreads, fast execution, and small price fluctuations.


Scalpers execute many trades over minutes or seconds, aiming to capture minor price moves in active markets. Technical indicators offer the structured signals needed to support these fast decisions. This article covers the main indicators for scalping and their application to intraday trading.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Market Analysis: AUD/USD and NZD/USD Fresh Decline Signals More Weakness Ahead


AUD/USD failed to stay in a positive zone and declined below 0.7150. NZD/USD is also moving lower and might extend losses below 0.5800.

Important Takeaways for AUD/USD and NZD/USD Analysis Today
- The Aussie Dollar started a fresh decline from well above 0.7200 against the US Dollar.
- There is a bearish trend line forming with resistance at 0.7120 on the hourly chart of AUD/USD at FXOpen.
- NZD/USD declined steadily from 0.5965 and traded below 0.5880.
- There is a key bearish trend line forming with resistance at 0.5855 on the hourly chart of NZD/USD at FXOpen.

AUD/USD Technical Analysis
On the hourly chart of AUD/USD at FXOpen, the pair struggled to clear 0.7220. The Aussie Dollar started a fresh decline below 0.7150 against the US Dollar.

The pair even settled below 0.7120 and the 50-hour simple moving average. There was a clear move below 0.7100. A low was formed at 0.7081, and the pair is now consolidating losses. There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the 0.7184 swing high to the 0.7081 low.



TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.