The main events by the morning: January 9
The main events by the morning: January 9
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The main events by the morning: January 9
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2024.08.09 2024.08.09 GBPUSD: Elliott wave analysis and forecast for 09.08.24 – 16.08.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2660 with a growth target of 1.3250 – 1.3740. A buy signal: after the price returns above 1.2660. Stop Loss:…
When traders hear a prop firm, many imagine a system where consistent profits lead to funded accounts; however, the nature of order execution can vary dramatically. The mentioned system operates on two primary models. First is known as A‑Book, where trades are sent out to the general marketplace. The second is called B‑Book, where the…
The GBP/USD weekly forecast turns strongly bullish as the dollar loses traction amid geopolitics. The upbeat UK CPI, retail sales, and PMI data provided adequate support to the pair. Markets await the FOMC rate decision and press conference next week. GBPUSD ended last week with sterling fundamentals improving, but price action still leaned heavily on…
Investing.com – The recent surge in UK gilt yields has highlighted the fragility of sentiment towards the country’s fiscal position, said Bank of America, which remains the “Achilles’ Heel” for sterling. At 04:35 ET (09:35 GMT), traded 0.1% lower to 1.2299, near its lowest level since October 2023, and on course for a weekly loss…
CME Group received approval to establish a futures commission merchant (FCM). While the group welcomed this step as a strategic move to adapt to client needs, the approval has drawn concerns from industry leaders over potential regulatory risks. The Financial Industry Association (FIA) warned that the license could heighten systemic risks by concentrating multiple market…
Ever felt lost in a sea of chart data on MetaTrader 4 (MT4)? While traditional candlestick charts offer valuable insights, focusing solely on intraday price movements can make it difficult to grasp the bigger picture. This is where the Day Bar Info MT4 Indicator steps in, acting as a powerful tool to illuminate daily price…