Euro rises broadly today as supported by improvement in investor sentiment, but Sterling and Swiss Franc are lagging behind. Canadian Dollar also follows oil price high, as China appears to be moving further towards reopening. Australian Dollar is also firm. But Yen and Dollar are on the weaker side on positive market sentiment. Technically, while
Month: December 2022
The Euro is falling against the US Dollar after hitting a six-month high nearby 1.0600. US ISM Non-Manufacturing activity surprisingly jumped in the United States. Eurozone data was mixed, though tilted negative as Retail Sales dropped. EUR/USD Price Analysis: Upward biased, but could pull back to 1.0400 before testing 1.0600. The Euro (EUR) is almost
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Learn how I identify and trade the ‘Rally On the Downtrend’ Setup for forex Trading Pairs These are essential Forex trading strategies for forex traders and investors who want to improve their investment and trading performance. Adam Khoo is a professional stocks and forex trader and the best-selling author of ‘Winning the Game of Stocks”
There’s a 19 year old who made over 30 Million dollars trading a trend following strategy in just 4-5 years. He made this trading a Forex account. In this video, I’m going to explain his entire strategy, what it looks like, and his backstory. I’m also going to share the 3 key things that he
S&P index is back above its 200 day moving average The US stocks are recovering from their initial declines on the back of the stronger US jobs report. The S&P index is currently trading down -18.30 points or -0.45% at 4058.28. The low price reached 4026.63 (-49.95 points). The high price is up at 4063.81
Equities are lower and bond yields have come off earlier highs, making it fairly tough to get a grasp on any real drivers in European trading today. European indices are more mixed but slightly lower on the balance of things, with S&P 500 futures down 15 points, or 0.4%, currently. Meanwhile, 10-year Treasury yields are
In this article TSLA GSBD AMZN JPM Follow your favorite stocksCREATE FREE ACCOUNT Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Elon Musk thinks a recession is coming and worries the Federal Reserve’s attempts to bring down inflation
The most talked about crypto lawsuit involving the United States Securities and Exchange Commission (SEC) and Ripple is approaching its conclusion after a two-year-long battle. On Dec. 2 the SEC and Ripple both filed redacted replies to each other’s opposition to motions for summary judgment. Ripple argued in its motion document that the SEC has
New Delhi: Gold prices rose on Monday, hitting new 5 month highs on the back of weaker US Dollar and renewed interest in bullion after partial relaxations in Covid-19 restrictions by China. US employers hired more workers than expected in November and increased wages, shrugging off mounting worries of a recession, but that will probably
Dollar’s selloff continues in Asian session today as overall market sentiment is supported by further restriction easing in China. The improvement in sentiment is also reflected in some weakness in Yen and Swiss Franc. Australian Dollar and Canadian Dollar are trading generally higher, awaiting rate hike by RBA and BoC later in the week. Euro
In the opinion of Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group, GBP/USD now shifts the focus to the 1.2400 region. Key Quotes 24-hour view: “Last Friday, we highlighted that ‘there is room for another leg higher in GBP to 1.2350 before the risk of a pullback increases’. However,
Doge coin technical analysis and price forecast: From the peak in May 2021, Dogecoin has been in a strong bear market as market expectations of higher interest rates from the Fed to fight inflation forced buyers to rush for the exit. We’ve seen a general bear market for over a year in the cryptocurrency space
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Private hiring slowed sharply during November in a sign that the historically tight labor market could be losing some steam, according to a report Wednesday from payroll processing firm ADP. Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October and well below the Dow Jones
Oil prices edged lower in early Asian trade on Friday as the U.S. dollar pared some losses, while easing COVID-19 curbs in two Chinese cities limited losses. Brent crude futures were down 11 cents or 0.1% at $86.77 per barrel by 1:28 GMT, while U.S. West Texas Intermediate (WTI) crude futures lost 14 cents or
Join me in today’s video to cover the #EURUSD and predictions of #gbpusd #Forex #forextradingforbeginners 05-09 December 2022 ——————- This channel is to share with you all Trading related updates with technical analysis on #Nifty, #BankNifty, #Dow Jones, #Nasdaq, #Nikkei, #Dax, #Hangseng, #Gold, #Silver and #Oil. Do like, Share, Subscribe and Stay updated. Happy Trading
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