Asia FX firms as dollar weakens ahead of payrolls; yuan steady after soft CPI

Asia FX firms as dollar weakens ahead of payrolls; yuan steady after soft CPI
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Asia FX firms as dollar weakens ahead of payrolls; yuan steady after soft CPI
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The Theory of Inevitability in trading is based on the idea that markets, given the opportunity, will almost always attempt to reach a specific price level to see what lies there—be it stop-loss orders, a breakout, or strong support/resistance. While the theory doesn’t predict what will happen after a level is tested, it helps…
“Discipline is what helps me survive, and money is what comes last” Nhan P. is 41 years old from Vietnam. Nhan is one of The5ers’ $80K funded traders. He made a total payment of $9,348 & scaled his account twice. His next mission is to reach 10% to scale his High-Stakes account to $100K. We spoke…
AUDUSD ⬆️ Buy AUDUSD reversed from the long-term support level 0.5945 Likely to rise to resistance level 0.6400 AUDUSD currency pair recently reversed up from the support area between the major long-term support level 0.5945 (which started the sharp weekly uptrend in 2020) and the lower weekly Bollinger Band. The upward reversal from this support…
As we look toward the week starting May 10, the focus remains on geopolitical nut markets, which are also debating whether central banks will follow the market’s hawkish lead or if a reality check is overdue. This makes for interesting viewing and will likely lead to significant market movement. US: The Fed’s Final Changing of…
By RoboForex Analytical Department The EUR/USD pair has found some stability at around 1.0921 this Friday, following a week marked by high volatility. Market participants have been adjusting their positions in response to speculations concerning the US economy’s potential rapid recession and subsequent expectations about the Federal Reserve’s response. The broader market sentiment has increasingly leaned…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! GBPNZD short term forecast update and follow up is here. On July 3rd, 2024 I shared this “GBPNZD Short Term Forecast And Technical Analysis” post in our blog. In this post, let’s do a…