Bank of America is scheduled to release earnings before the market open on Monday, July 18. Wall Street consensus is betting on $0.75 in GAAP EPS. BAC has been trading inside a descending wedge structure since February. Bank of America (BAC) stock is buoyant in Monday’s premarket as investors bet on a second quarter earnings
Month: July 2022
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en The content varies depending on the country of your residence and the financial services regulator. A step by step video tutorial on how to place orders in the MT4. A full guide that will help you understand how you can place orders in MT4. Visit our page for more:
In this video I use a 2 Period RSI (Relative Strength Index) to test a FOREX Trading Strategy. I got the idea from a recent video from Scott Welsh. I liked it and decided to test and then modify it for myself. I’m pleased to report that it works well when used on GBP/JPY forex
The majority of Bitcoin has been “hodled” for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode. In a July 16 tweet, Glassnode noted that more than 80% of the total U.S. dollar (USD)-denominated wealth invested in Bitcoin has not been touched for at
The video below presents a technical analysis for Gold as the price of XAUUSD is close to $1700 and the trade idea, for your consideration, becomes applicable only if the $1700 ’round number’ price is lost (crossed down). If that happens, we look to fade the downward move, so seeking to enter a long position
Amos Hochstein is a senior U.S. State Department adviser for energy security, speaking on CBS’ “Face the Nation” over the weekend, said: “Based on what we heard on the trip, I’m pretty confident that we’ll see a few more steps in the coming weeks.” Reuters with the summary: Hochstein did not say which country or
Gold prices in the national capital on Friday fell by Rs 293 to Rs 49,970 per 10 grams amid decline in international precious metal prices, according to Securities. In the previous trade, the yellow metal settled at Rs 50,263 per 10 grams. Silver also tumbled by Rs 1,075 to Rs 54,326 per kg from Rs
A worker wearing a protective mask slices beef in the butcher section of a Stew Leonard’s supermarket in Paramus, New Jersey, on Tuesday, May 12, 2020. Angus Mordant | Bloomberg | Getty Images June’s big payroll jump helped clear away some of those recession clouds for a U.S. economy that nonetheless faces some stormy weather
As EURO and USD was looking it is getting to parity, a trade idea to fade the recent decline and go long was created The trade idea had 3 buy orders ready below EURUSD 1 But only 1 of those got filled before the Euro USD pair shot up This leaves the stop loss too
US President Biden travelled to the Middle East to plead for higher oil output. I’ve seen plenty of “No, actually he went for …” . Sure, he had meetings on other issues, but for Biden, oil is the big concern right now. US mid-term elections are right around the corner and angry motorists will need
Precious metals, which rallied in the first half of the current calendar, have lost steam. They have seen deep cuts over the last few weeks, barely holding the key psychological levels. Market experts said the interest rate hikes amid inflationary pressures have dented the appeal of the safe-haven metal. Silver slipped below the Rs 55,000
Rising gas prices are piling pressure on the U.S. economy. Bloomberg | Getty Images The odds of the U.S. economy falling into recession by next year are greater than 50%, Richard Kelly, head of global strategy at TD Securities, said Monday, outlining three possible ways it could get hit. Rising gas prices combined with a
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An introduction to ways you can place different types of trades, including limit order and stop-loss orders on OANDA’s web fxTrade. Open an OANDA live account today: https://www.oanda.com/register/#/sign-up
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Axie Infinity, the blockchain-based game that has popularized the play-to-earn gaming model, often invites awe and suspicion. The game has created a new type of job market and allows a quick return for game investors. However, its highly volatile in-game crypto (the Smooth Love Potion, or SLP), the hacking of its Ronin chain, and the
USDCHF breaks below the 200 hour MA The USDCHF has ping-ponged between the 200 hour MA below and the 100 hour MA above in the US session. The 200 hour MA comes in at 0.97726. The 100 hour MA comes in at 0.98155. However, in the last few minutes the price has seen a dip
Bloomberg is reporting that Italy’s PM Draghi is determined to quit. He will give it another shot next week. This week after getting through a vote of confidence without the support of the 5-Star Movement, Draghi headed over to see President Mattarella who sent him back home. Later, Draghi submitted his resignation again, this time
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