Summary 11/4 – 11/8 – Action Forex

Keir Starmer’s approval ratings have shot up since Donald Trump returned to the White House and shocked Europe by withdrawing political and military support for Ukraine, according to the latest Opinium poll for the Observer. Starmer’s Labour government as a whole has also gained public support for its response to the global turbulence caused by…

By Stefano Rebaudo (Reuters) -The euro fell versus the dollar after inflation data from Germany and Spain led investors to increase their bets on the European Central Bank interest rate easing cycle. Inflation fell in six important German states in August, suggesting that national inflation could decline noticeably this month, while dropping to its slowest…

The Bank of Canada cut interest rates by 25 basis points from 2.75% to 2.50% in their September decision while offering minimal forward guidance on next moves. While the decision itself was no surprise, the slightly more downbeat tone in their accompanying statement suggested that further easing could be possible. Let’s examine which setups from…

Best Timeframe for Futures Trading: A Complete Guide Choosing the best timeframe for futures trading can significantly impact your success. For orderflow traders, the lower timeframes such as 3-minute, 4-minute, and 5-minute charts are ideal. These timeframes allow you to see the pure orderflow of the market, including market depth and Level 2 market data,…

WTI crude oil recently busted through a short-term double bottom neckline, suggesting that an uptrend is in order. However, the rally could stall at these nearby inflection points. Take a look at this long-term area of interest seen on the daily time frame: WTI Crude Oil (USOIL) Daily Chart by TradingView An improved global trade…