How to Trade the Current EURUSD Trend
How to Trade the Current EURUSD Trend – Forex Forum November 20, 2024 /Posted byGVI Forex / 162 / Source…
-
-
BOE Ramsden: Recent trends toward loan relatively stable inflation should continue | Forexlive
BOE’s Ramsden is speaking on the economy and says: The economy will continue to normalize, with the recent trend towards low and relatively stable inflation continuing. It is as least as likely that the disinflationary process sustains it’s recent trend This would imply a scenario in which inflation stays closer to the 2% target throughout…
-
GBP/NZD Price Forecast: Correction reaches support at 50-day SMA
GBP/NZD channels down during November and reaches support at the 50-day SMA. This could be a turning point for the pair and lead to a breakout and continuation of the trend higher. GBP/NZD has been correcting back in a mini channel during November after peaking at the October 30 high. It has now reached support…
-
Gold and Forex: The Duo Every Trader Should Know About – Edge-Forex :
Gold and Forex are more intertwined than many traders realize. Understanding this relationship can redefine your trading strategy. Gold has been a global reserve asset for centuries, and Forex is the pulse of international trade. Together, they create unique opportunities for savvy investors. Exploring their connection, gold price correlation, and the intricacies of trading gold…
-
UK inflation jumps to 2.3% in October – MarketPulse
The British pound has edged lower on Wednesday. In the North American session, GBP/USD is trading at 1.2653, down 0.21% at the time of writing. UK inflation higher-than-expected UK inflation rose to 2.3% year-on-year in October, compared to 1.7% in September and above the market estimate of 2.2%. The main drivers of the gain in…
-
Second Icelandic Central Bank Rate Cut Larger than the First One – Currency Thoughts
Second Icelandic Central Bank Rate Cut Larger than the First One November 20, 2024 Iceland’s central bank interest rate had been held at 9.25% from August 2023 until an initial rate cut last month of 25 basis points. Today’s second reduction doubled the size of that increment. A released statement observes a broadly shared disinflation,…
-
Passed 100K FTMO Challenge with Quantum EA
🚀 **Breaking News: Quantum Quotient Smashes FTMO 100K Challenge!** 💰 My trading robot, *Quantum Quotient*, has achieved something incredible! It passed the $100K FTMO challenge in just **TWO DAYS**, hitting the $5,000 profit target with **only 3 trades** and **ZERO losses**. 🏆 This result is a testament to the precision, efficiency, and reliability of this…
-
Sunset Market Commentary – Action Forex
Markets News agency Reuters reported just before the start of European trading that Russian President Putin would be open to talks on a ceasefire deal in Ukraine with the US. He wants a carve-up of four regions in the south—east of Ukraine that Russia annexed in 2022, but doesn’t fully control. It caused a positive…
-
USDJPY bulls venture into intervention zone
USDJPY less than 4% from multi-decade top Yen worst performing G10 currency vs USD this week Rallied over 10% from September 2024 low Bloomberg medium forecast for intervention at 160.00 Bloomberg FX model: USDJPY has 72% of trading within 153.46 – 157.95 over 1-week period Here’s something for USDJPY traders this week… The Yen is…
-
TRADING AUTO DIRECTION WITH “SUPPLY DEMAND EA PROBOT”
Hello traders, I had my first live session using the new Automated Direction feature. Enabling this feature the EA decides automatically whether to place a buy trade when price touches a demand zone or a sell trade when price touches a supply zone. Also you can do more filtering by the Automated Direction Strength Input…
