USDCAD runs from the 50% midpoint and swing area low In an earlier post I pointed out the break into a swing area between 1.3327 to 1.33839. The price also moved above the 50% retracement. IN the post I said: “A move back below the 1.3327 level would probably not be welcomed in the short-term.”
admin
The indicator is barely changed. Westpac make the following points: The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, fell to -0.36% in August, down from +0.49% in July Growth rate drops to –0.36%, a
Jamie Coutts, Crypto Market Analyst for Bloomberg Intelligence argues that “falsehoods” and “fear of the unknown” is what has been holding back traditional portfolio managers from investing in cryptocurrency. Speaking to Cointelegraph during the Australian Crypto Convention over the weekend, Coutts argues there has been an ongoing “falsehood” that “there is no intrinsic value in
NEW DELHI: Gold prices were trading marginally higher but in a tight range on Tuesday as investors maintained a cautious stance ahead of this week’s policy meeting by the Federal Reserve. The US central bank is expected to hike rates aggressively in an effort to curb inflation. Inflation concerns have prompted other central banks across
Canadian Dollar falls broadly in early US session after weaker than expected inflation reading. Yet, it’s still undecided on which currency is worst. Dollar is current in the driving seat, as lifted by extended rally in treasury yield. 10-year yield is trading up above 3.5 handle for the first time in more than a decade.
GBP/USD Price Analysis: Bulls are moving in and eye a key imbalance of price As per the prior analysis from the New York session on Tuesday, GBP/USD Price Analysis: Bulls move in from critical hourly support, the bears are potentially lurking higher up as the price corrects from the well-extablished lows as the following update
Join our telegram community https://t.me/theforexbulls Learn and earn(forex blueprint course) https://forexbullsacademy.com Broker I use https://one.exness.link/a/adn1ookrvf #forex #forextrading #forextrader #scalping #daytrading Ignore tags: data trader,day trading,day trading strategies,stock trading,forex trading strategy,swing trading strategy,day trading strategy,scalping forex strategy,scalping strategy,forex scalping,stock scalping tutorial,forex scalping strategy,scalping tutorial,scalping day trading swing trading,scalping day trading strategy,stock scalping strategy,easy forex scalping strategy,profitable
In this Forex trading vlog, Etienne discusses how he created his own trading strategy. Since 2015, he’s been trading the same strategy in the Forex market. You’ll discover the steps he went through to build a profitable trading system from scratch. Vlog 648 📈 FREE Case Study “Quitting Your Job To Finally Trade Full-Time”: https://desiretotrade.co/case-study
The strongest to the weakest of the major currencies As the North American session begins, the GBP is the strongest of the major currencies while the NZD is the weakest as it continues to move to new year lows and test the 0.5900 level vs. the US dollar. The NZD is the runaway weakest of
> US August housing starts 1.575M vs. 1.445M estimate US housing starts and building permits for the month of August 2022 Prior month Housing starts 1.575M vs 1.445M estimate. Building permits 1.517MM vs. 1.610M estimate. Housing starts were revised lower to 1.404M in July from 1.446M previously reported /Inflation ADVERTISEMENT – CONTINUE READING BELOW Tags
Gold prices rose by Rs 24 to Rs 49,766 per 10 grams in the national capital on Tuesday, according to Securities. In the previous trade, the precious metal settled at Rs 49,742 per 10 grams. Silver, in contrast, declined by Rs 222 to Rs 57,192 per kg from Rs 57,414 per kg in the previous
The forex markets are overall mixed. Dollar retreated overnight following the rebound in stocks, but regained some ground in Asian session. Traders are holding their bets for now, ahead of the meetings of four major central banks later in the week, including Fed, BoE, SNB and BoJ. Canadian inflation data, nevertheless, could trigger some volatility
RUM jumped nearly 40% on Monday. Rumble completed merger with SPAC. $17 once again acts as resistance. Conservative social media site Rumble (RUM) spiked an unexpected 39.6% on Monday upon completing its merger with CF Acquisition Corporation VI, a special purpose acquisition company or SPAC. The video-sharing site, backed by famed Facebook and Palantir investor Peter Thiel, did not
EURGBP holding the 50% of the range since the Sept 2020 high The EURGBP moved above the 50% of the move down from the September 2020 high to the March 2022 low. The 50% level comes in at 0.87465. The low today reached 0.87465 right at that level. Traders look at the 50% as a
Apart from what has already been posted to the site there is no fresh news. ES, NQ and other indexes (futures) are higher on Globex trade. Currencies against the USD are jumping. EUR/USD is circa 1.0050. Short squeeze ahead of the Federal Open Market Committee (FOMC) still playing out. The FOMC statement is not until
Modern parents are going to need to keep an even closer eye on their kids’ gaming habits, as some of them may be accumulating a hefty tax bill, according to a crypto tax specialist. Speaking to Cointelegraph during last week’s Australian Crypto Convention, Adam Saville-Brown, regional head of tax software firm Koinly said that many
Oil fell by more than 2% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength ahead of possible large increases to interest rates, though supply worries limited the decline. Central banks around the world are certain to increase borrowing costs to tame high inflation this week and there is some
The markets are relatively quiet today with Japan and the UK on holiday. Sentiment is on risk-off side, ahead of central bank rate hikes later in the week. The more notable moves are found in selloff in cryptocurrencies. Dollar is standing firm, together with Swiss Franc and Euro. Aussie and Kiwi are softer together with