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GBPUSD breaks lower. Runs away from the 100 hour MA at 1.3544 | investingLive
The GBPUSD is making a break below the 100 hour MA and also below a retracement level near 1.35397 to 1.3544. The break has put the sellers more in control at least in the short term. There is work to do with the rising 200 hour MA as the next target at 1.3479. Move below…
Lower Global Trade Uncertainty Supports Risk Appetite – Action Forex
US dollar The US has signed agreements with Japan, Indonesia and the Philippines. Tariffs range from 15% to 19%. Tokyo has secured a reduction in import duties on cars from Washington from 25% to 15%. Looking at this deal, the European Union also wants to get 15% tariffs. Brussels does not intend to activate the…
The Bull Market Is Ending
The Great Rotation in equities is underway, with the U.S. large-cap tech sector losing its dominance as other sectors, markets, and asset classes take over. And dominance it is: Nvidia Corp. (NVDA:NASDAQ) alone has a larger valuation than the entire markets of Canada or the U.K. That alone might make one scratch one’s head. The…
Zelenskyy-Putin talks get cancelled – Market wrap for the North American session – August 28
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
TGI Friday’s operator files for bankruptcy amid financial woes By Reuters – Forex Trader Hub
By Mrinmay Dey (Reuters) – TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection after grappling with prolonged financial challenges and a collapsed deal with UK-based Hostmore. In a filing with the U.S. bankruptcy court for the Northern District of Texas, the company listed both…
Top 5 Mistakes New Forex Traders Make and How to Avoid Them – Forexblogger.com.ng
When you start trading Forex, it might seem exciting and full of opportunity. But many new traders quickly find themselves chasing losses, confused about where to begin, or making costly mistakes. The Forex market is complex, and simple errors can wipe out months of hard work in just a few trades. Learning what to avoid…
