By RoboForex Analytical Department Gold prices tumbled over 3% to 2650 USD per troy ounce amid a surging US dollar, influenced by Donald Trump’s definitive win in the US presidential election. As of Thursday, gold prices are holding steady near three-week lows, reflecting ongoing pressure from a robust dollar. Market anticipation has shifted, with investors…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
2024.11.07 2024.11.07 Decoding Higher Highs and Lower Lows: Trading Basics Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Understanding higher highs and lower lows is crucial for trend prediction in technical analysis and trading. These chart patterns help identify and use ongoing market movements in trading strategies. This article will explain how to spot highs and lows in the world of…
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U.S. Election Reaction Sharing Spotlight with Central Banks November 7, 2024 The Federal Reserve, which is expected to cut its interest rate target today by 25 basis points, is but one of several central banks in today’s news. Meanwhile, the Central Bank of Brazil’s Selic rate was lifted late yesterday by 50 basis points. The…
FOMC Rate Decision: Cut and Then What? – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
The Japanese yen has steadied on Thursday after plunging 2% a day earlier. In the European session, USD/JPY is trading at 154.00, down 0.40% on the day. The dust hasn’t settled from the US election, as a red Republican wave swept across the country. Republican Donald Trump retook the presidency in convincing fashion, easily defeating…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov World stocks gained on Thursday after a record rise for U.S. shares overnight, and U.S. Treasuries remained under pressure as investors processed a second Donald Trump presidency, ahead of policy decisions from the Fed and other…
Strategy: Flip 55 The Flip 55 is a trend-following strategy. This straightforward approach utilizes 2 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be applied…
Trading Price Action Trends by Al Brooks Main Themes: Profiting from Institutional Trading Trends: The book focuses on identifying and capitalising on trends initiated by institutional traders using technical analysis. Brooks argues that individual traders can “piggyback” on these institutions by understanding their behaviour through price action. Reading Price Charts Bar by Bar: The core…