In this video, Greg Michalowski of Forexlive.com reviews the Fed and the US jobs report and previews the CPI data ahead. He also looks at the technicals that define the bias and the risk levels for the major currencies vs the USD. EURUSD (9:45) USDJPY (14:10) GBPUSD (15:38) USDCHF (17:00) USDCAD (18:48) AUDUSD (20:30) NZDUSD
Here’s the picture in gold the way I see it. 1) It has declined for seven straight months That’s certainly not a sign of a bull market but nothing falls in a straight line and the decline of 13% is better than many major currencies over that period. The decline is mostly a story of
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Coinbase reported user numbers that topped analysts’ estimates even as third-quarter revenue missed estimates and the cryptocurrency exchange had a wider-than-expected loss.
My experience with market manipulation in day trading, the reality of financial markets, and the strategies used by “smart money” to induce retail traders to press the buy or sell button. In this video you’ll learn: • The most dangerous smart money traps, designed to manipulate retail traders to enter losing positions • How to
If you want to become a professional forex trader, this professional forex trading course will help you learn the things that professional traders understand which are forex fundamental analysis and currency fundamentals. I’ll also cover currency economics so that you can understand the drivers of each forex pair. Professional forex trading requires you to understand
If you want to make huge profits from trading crypto, stocks or forex you definitely need to learn the scalping trading strategy I’m about to show you in this video. It doesn’t really matter if you’re a beginner or a professional trader – this strategy will work for absolutely anyone who has a basic knowledge
During the ecosystem’s annual gathering at Breakpoint 2022 in Libson, Solana made a series of launch announcements as it prepares to go mainstream. Cointelegraph’s ground team — present during the conference — shared insights into Solana’s roadmap, which includes the launching of smartphones, dApp stores and a partnership with Google Cloud, among others. Good morning
Soybean prices in the benchmark market of Indore gained by 12.4% month-on-month and around 2.3% week-on-week. Prices have given a bullish breakout after trading bearish for 5-month. On November 1 2022, the Ministry of Consumer Affairs, Food & Public Distribution issued a notification on the removal of stock limits on edible oils and oilseeds. The
The AUDJPY is set to finish the week with gains of 0.40%. AUDJPY Price Analysis: Once it cleared 95.56, it could re-test the YTD highs at around 98.50. The AUDJPY edges higher, snapping three days of consecutive losses amidst an upbeat market sentiment, as Wall Street pared its losses, while the US Dollar dropped almost
Before the US jobs report, Greg Michalowski of Forexlive outlined the key levels in play. If you did not see that video, you can find it here. So how did the technical levels play out? Pretty well. What was surprising was the price action. If someone told me the data ahead, I would have the
MON: Eurogroup; Chinese Trade Balance (Oct), Swiss Unemployment (Oct), EZ Sentix (Nov), US Employment Trends (Oct), Australian Consumer Sentiment (Nov). TUE: US Midterms, CBR Policy Announcement, BoJ SOO (Oct), EIA STEO; EZ Retail Sales (Sep), US NFIB (Oct). WED: NBP Policy Announcement; Chinese CPI (Oct). THU: Banxico Policy Announcements; Norwegian CPI (Oct), US CPI (Oct),
In this article TEAM Follow your favorite stocksCREATE FREE ACCOUNT Scott Farquhar, co-founder and co-CEO of the software company Atlassian, speaks during a jobs and skills summit at Parliament House on September 1, 2022 in Canberra, Australia. The Australian government is bringing together political, business, union and community group leaders at Parliament House to address
Job growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a relatively strong labor market. Nonfarm payrolls grew by 261,000 for the month while the unemployment rate moved higher to 3.7%, the Labor Department reported Friday. Those payroll numbers were better than the Dow Jones
With a 127% increase in profits, miners have never been better placed to take advantage of new opportunities and ensure sustained outcomes. ESG remains a key pressure point but also an opportunity for miners. According to PwC’s review, the top 40 mining companies’ future success will depend on whether they take a leading role in
The rumor of earlier reopening in China seemed to have overwhelmed other heavy weight events in the markets last week, including Fed’s hawkish rate hike and non-farm payroll report. Late rally in stock markets helped commodity currencies secured the winning places, with New Zealand Dollar having an edge over Australian and Canadian. On the other
GBPUSD appreciates further and reaches session highs near 1.1400 The pound has continued appreciating during Friday’s US afternoon trading, buoyed by the broad-based USD weakness, to reach session highs at 1.1380. The pair has shrugged off the previous day’s negative pressure on Friday, to perform a shocking 1.9% daily rally after bouncing from the lower
AUDUSD has the largest % gain to the upside since 2011 The AUDUSD has ripped to the upside helped by higher stocks and hopes for a transition from CHina’s zero-Covid policy (or that is the excuse). Looking at the chart above the lower scale shows the history of the daily % changes for the pair
The US nonfarm payroll came in better than expected at 261K vs 205K estimate. The prior month was revised higher to 315K from 263K. So stronger 300K growth month on month with the revision included. The average hourly earnings came in at 0.4% vs 0.3%. So that was higher. The unemployment rate moved higher to