The EURJPY has recently rebounded from the 163.50 support level. However, upward momentum has been hindered by factors such as the collapse of the German government coalition. As a result, price action has been steadily losing momentum. With Japan’s inflation exceeding the Bank of Japan’s target, there is a possibility of interest rate hikes, which…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! Today I am sharing with you the GBPCAD technical analysis and short term forecast post. We do our analysis on the MetaTrader4 platform (MT4). Some very interesting, useful tips and hacks about the…
2024.11.13 2024.11.13 PBOC Forced to Devalue Yuan. Forecast as of 13.11.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The previous trade war slowed China’s GDP growth. This time, the country’s economy is already fragile, and tariffs could weaken it even more. How to navigate this challenging environment? Let’s discuss this topic and make a trading plan for the USDCNH pair….
On October 22, while analysing Nvidia (NVDA) stock charts, we noted: → The stock had reached the $140 level;→ A long-term ascending channel (shown in blue) was mapped;→ Potential for price growth along the Quarter Line was suggested, dividing the lower half of the channel. Bullish sentiment remains around Nvidia, one of the leading stocks…
By Kevin Buckland TOKYO (Reuters) – Asian stocks slumped on Wednesday as a sharp rise in U.S. bond yields unnerved investors ahead of key inflation data that could inform the pace of Federal Reserve policy easing. Short-term Treasury yields edged up after jumping to the highest since late July on Tuesday as the market reopened…
On November 4, when gold was trading around $2,750, we observed bearish signals on the XAU/USD chart. Since then, the price has declined to the $2,600 level, briefly dipping below it — the lowest price since mid-September. According to Trading Economics, investors may be losing interest in gold for several reasons: → Strong U.S. Dollar:…
On Wednesday, fintech investment firm Augmentum Fintech announced a $4 million investment in Pemo, a UAE-based provider of expense management and business payment solutions. This investment spearheads a $7 million funding round for Pemo. Founded in 2022, Pemo focuses on serving small and medium-sized enterprises (SMEs) in the UAE. They offer corporate cards and a…
The main event in sterling (GBP/USD) markets today is a speech by Bank of England’s Catherine Mann, the most hawkish member of the MPC. Markets will be attentive to any comments about the implications of the recent budget for monetary policy and any colour on the latest jobs/wage figures. Given her arch-hawkish stance, we suspect…
London Stock Exchange Group (LSEG) and IDVerse announced a new partnership on Wednesday, designed to enhance digital identity verification and combat the rising threat of digital deepfakes. The companies said in a press release that the partnership will integrate IDVerse’s advanced identity verification tools and infrastructure into LSEG’s existing suite of digital identity and fraud…
Provider of financial and payment infrastructure services, NovoPayment, has secured a $20 million investment from Morgan Stanley Expansion Capital, it was revealed on Tuesday. NovoPayment, which specialises in delivering digital banking, payments, and card solutions, is expected to use the funding to help accelerate its product and commercial growth and strengthen its position in the…