Overall market sentiments stabilized in Asia, after the massive risk-off trades in the US overnight. While Asia indexes are still down, losses are limited. Yen and Swiss franc are paring some gains but remain the overwhelmingly strongest ones. Commodity currencies are the weakest as led by Canadian Dollar. Dollar and Euro are mixed for now,
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NZD/USD continues to suffer losses following Monday’s drop. US Dollar Index rises for the fourth straight trading day. Wall Street’s main indexes look to rebound on Tuesday. The NZD/USD pair lost more than 60 pips on Monday and extended its slide on Tuesday to touch its lowest level since November at 0.6888. As of writing,
In today’s tutorial, we will explain exactly how to trade the 3 Bar Reversal Pattern (also known as the 3 Bar Play) with a Simple Forex Trading Strategy. The 3 Bar Reversal Pattern (or 3 Bar Play), is a Price Action Strategy used by both Beginner and Advanced Traders alike that does not require any
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What’s going on guys welcome back to another video. Todays video was about how I scalp on the smaller time frames such as the 15 minute 5 minute and lower. If this video was helpful please leave a like and subscribe! ============================================================ Course Link (Discount Running): https://traq-fx-success-course.teachable.com/ Instagram: @TraqFX Telegram: TraqFX ============================================================ Risk Disclaimer: Trading
Ethereum appears to be extending its fee dominance over Bitcoin by roughly 10 times, with Bitcoin currently ranking just sixth by weekly fee generation. According to CryptoFees’ data for July 18, the Bitcoin network had generated $725.7 million in daily fees on average over the past seven days, and less than $400,000 worth of fees
An update on the lockdown on Australia’s largest city of Sydney. new cases reported for the previous 24 hours are 78. Since the park of 112 a little over a week ago, numbers daily: 89, 97, 65, 97, 111, 105, 98, 78 Such a result is unlikely to have the local lockdown ending soon but
Dow falls 946 points at the low The major indices are all closing lower but off their lowest levels Russell 2000, Dow transports down 10+ percent from the highs NASDAQ down for the fifth consecutive day. Longest losing streak since October 2020 Energy sector sags as oil prices tumble. Crude oil has its worst day
New Delhi: Gold in the national capital on Monday dipped Rs 126 to Rs 46,967 per 10 gram in line with a fall in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 47,093 per 10 grams. Silver also went lower by Rs 97 to
Yen and Swiss Franc dominates the markets for the day, as selloff in stocks spread from Asia to Europe, to US. Risk aversion intensified with DOW down over -800 pts in initial trading, while 10-year yield breaks1.2 handle. Canadian Dollar is the worst performing one, as WTI crude oil breaks below 70 handle. However, Australian
In this article IBM Wired senior staff writer Cade Metz and Arvind Krishna, IBM CEO and then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images IBM shares rose 3% in extended trading on Monday
In its latest analysis of Australia, the global rating giant Fitch said, “If higher inflation and interest rates over 2021-2023 modestly exceed our baseline projections, this could be credit positive for the sovereign and banks.” However, the interesting part was the rating institute’s comments over Australian economics, as follows. Key quotes Structured finance transactions are
Stock and cryptocurrency trading app Robinhood is expecting its quarterly revenue to decrease based on significantly high trading volume earlier this year. In an amendment to its Form S-1 filed with the U.S. Securities and Exchange Commission on Monday, Robinhood reported its trading activity for January and February was “particularly high” but had dropped by
Futures point to an ugly day Last week’s pain is turning into an extended rout. S&P 500 futures are down 53 points just ahead of the open with Dow futures down 518 and Nasdaq futures 134 points underwater. Economic data is light today with only the NAHB home builder survey due at the top of
USD/CAD hits 1.2800 for the first time since 5 February Invest in yourself. See our forex education hub. The pair is running into some resistance and position covering at around 1.2800 as it falls back to 1.2770-80 levels currently. The dollar is still keeping rather resilient across the board alongside the yen, as risk sentiment
NEW DELHI: Gold edged up on Monday, following the global trend, as rising delta virus threat spooked investors, nudging a return to the traditional safe haven. However, silver traded lower on . A surge in coronavirus cases could dampen global economic recovery, but the up move in dollar capped the gains of yellow metal. Gold
Yen rises broadly as the markets start the week with risk aversion in Asia. On the other hand, Canadian Dollar is trading as the weakest, leading other commodity currencies lower. European majors are mixed together with Dollar for the moment. The economic calendar is rather light today and focuses will stay on development in the
WTI is heavily sold-off into OPEC+ agreement, damp mood. Delta covid strain concerns continue to weigh on risk appetite. Risk sentiment will continue to lead the way ahead of US crude supply reports. WTI (futures on Nymex) is accelerating its decline starting out a new week, losing as much as 3% so far this Monday, as