#short #ForexBull Visit Website For More Information – https://forexsbull.com/ Telegram Channel – ( https://t.me/ForexsBull ) In this video, we look at the top technical indicators successful spread betters create their trading strategies from. We look at what the indicators mean and how they should be applied to the markets. We look at real-world examples as
Dow, S&P, NASDAQ, Russell 2000 all closed at record highs The major indices are all closing at record highs. THe Dow industrial average closed above 31,000 for the 1st time ever. The NASDAQ index close above 13,000 for the 1st time ever. The NASDAQ index surged by 2.6% which is the largest one-day gain in 2 months The
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 of your initial investment; do
Gold eased on Thursday on a stronger dollar and higher U.S. Treasury yields, but prospects of more fiscal stimulus under a Democrat-led administration in Washington capped losses. Spot gold was down 0.3% to $1,912.86 per ounce by 10:39 a.m. EST (1539 GMT). U.S. gold futures were up 0.3% at $1,913.90. Prices slipped as much as
Dollar extends recovery in European but there appears to be no follow through buying so far. It remains one of the weakest for the week, together with Yen and Sterling. Australian and New Zealand Dollars are paring some of this week’s gains too. The US Senate and House certified President-elect Joe Biden’s victory in the
First-time filings for unemployment insurance were little changed over the past week despite other indicators that the labor market weakened at the end of the 2020. Weekly claims totaled 787,000 for the week ended Jan. 2, the Labor Department reported Thursday. That was less than the Dow Jones estimate of 815,000 and a slight decrease
Shoppers stand in line as they wait for a Victoria’s Secret store to open on Black Friday, at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Victoria’s Secret parent L Brands said Thursday its same-store sales during the holiday period grew 5%, compared with a 3% drop a year
Gold prices could be due for a bullish retest of resistance. XAU/USD has met a significant Fibonacci retracement level on the daily chart that is expected to hold. The monthly chart shows that the correction of the bullish trend met a 50% mean reversion before recovering into what would be expected to to be the
The dollar leads gains in European morning trade For bank trade ideas, check out eFX Plus Of note, USD/JPY is pushing to its highest levels in over a week as price touches 103.70 upon a break of its 200-hour moving average @ 103.26 earlier in the day. That puts buyers back in near-term control and
Amid a long battle over whether or not United States citizens will get their $2,000 stimulus checks to help them to weather the economic repercussions of the COVID-19 pandemic, Mike Novogratz has weighed in on what the news could mean for the stock and crypto markets. The CEO of Galaxy Digital spoke to CNBC Squawk
Latest data released by Eurostat – 7 January 2021 Prior -0.3% Core CPI +0.2% vs +0.2% y/y expected Prior +0.2% No change in headline and core inflation in the Eurozone for the month of December relative to November. That just reaffirms more subdued price pressures in general towards the end of last year, with core
NEW DELHI: Gold and silver futures prices in the domestic market edged higher on Thursday amid violence and political uncertainties in the US and after Democrats gained majority in the US Senate. Democrat victories in two Georgia races cleared the way for a larger fiscal stimulus under President-elect Joe Biden. Many investors view bullion as
Dollar is recovering mildly today but remains one of the weakest for the week, together with Yen and Sterling. Solid risk appetite, with DOW closing strongly at new record overnight, is keeping the greenback and Yen pressured. Yen appears to be slightly weaker with the sharp rally in treasury yield. The Pound, on the other
A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo Yuriko Nakao | Reuters The amount of currency in circulation soared last year at a rate unseen since World War II, providing what historically has been a good sign for the economy. Amid a massive influx of cash from fiscal and monetary authorities,
FX Strategists at UOB Group remain bearish on the USD/CNH in the short-term horizon. Key Quotes 24-hour view: “Yesterday, we highlighted that ‘conditions are oversold and any weakness in USD could be limited to a test of 6.4000’. However, USD rebounded strongly from 6.4225 (high of 6.4571). The combination of oversold conditions and waning momentum
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