Greetings fellow traders,
As someone deeply involved in the forex market, I understand the importance of staying informed about the controversies surrounding our industry. In recent times, there has been much discussion and debate regarding various aspects of forex trading. Today, I aim to shed...
The XBRUSD finished last week just below multi-year highs at 84.90 USD per barrel.
There is bullish sentiment on the oil market caused by low supply packed by concerns from investors that demand disruptions from the COVID-19 pandemic may not be over.
BEARISH TRIGGERS
Prices pulled back from...
The ongoing earnings season lifted the SPX500 to its new record high of 4,559.65. Although the index couldn't defend the new level, it closed its third straight week of gains.
The DXY (the U.S. dollar index) reached its weekly high of 94.1488 on Monday. The U.S. 10-year Treasury yield climbed...
AUDCHF M20 ✅
We are waiting for a clear up breakout.
Buy stop - pending trade
Entry: 0,68900
Tp: 0,69XXX
Sl: 0,68750
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NZDCAD H3 ✅
Buy stop - pending trade
Entry: 0,88000
Tp: 0,88400
Sl: 0,87xxx
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Oil is trading in the correction to a short-term uptrend. Yesterday, traders tested the Additional Zone 80.00 - 79.87. This zone was broken out today. Now the price is rolling back up and testing the broken-out zone as resistance.
I recommend considering oil sales in the zone of 79.87 - 80.46...
The rise in the market price that took place yesterday after being tested at the opening price of 1754.00 did rise up to the level of 1769.00 from this $ 15 increase is the market price today able to make an increase or even follow the original trend where the downtrend will occur following the...
In yesterday's session, precious metal Gold fluctuated in a rather narrow range of 1761-1750 ($11), closing the session with a bearish candle, but the drop was not significant, just moving sideways in the morning. the range is narrow and only when the two bands are broken will the trend be...
- GBP and its subsequent pairs
WHAT'S HAPPENING: Claimant Count Change measures the change in the number of unemployed people receiving unemployment benefits in the U.K. during the reported month. A rising trend indicates weakness in the labour market. A reading that is higher than forecast is...
‼ ️In last night's trading session, world gold price had 2-way fluctuations. After the price dropped from 1863 to 1834 (2-way amplitude of 29 $). Gold ended the day with a bearish candlestick at 1841. In my opinion the close is almost equal to the closing price of the other day (January 27)...