With the Bank of Canada (BOC) already in its easing era, will the upcoming Canadian CPI figures convince policymakers to announce another rate cut soon? Here’s what number crunchers are projecting for the inflation report and how the Loonie reacted to previous releases: This Article Is For Premium Members Only Become a Premium member…
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The GBP/USD pair has recently extended its upward movement from 1.2664 to a high of 1.2952, successfully breaking above the 1.2942 resistance level. This bullish trend indicates strong momentum in the market. Current Market Dynamics As long as the price remains above the rising trend line on the 4-hour chart, we can expect the upward movement from 1.2664 to continue. The next…
The EUR/USD pair has failed to break below the crucial support level at 1.0945 and is now facing resistance at 1.1047. This price action suggests a potential consolidation phase before the next move. Key Levels to Watch Resistance Levels: 1.1047: A breakout above this level would indicate that the upside move from 1.0777 has resumed….
The 100 Pips and Slope Direction Line Forex Trading Strategy offers a clear path for traders aiming to capitalize on significant price movements. This strategy centers around achieving a target of 100 pips per trade, focusing on capturing substantial gains from small price fluctuations in currency pairs. Key to its effectiveness is the Slope Direction…
The Knoxville Divergence, the brainchild of trader Rob Booker, is a custom indicator built for the ever-popular MetaTrader 4 (MT4) platform. At its core, it’s a divergence indicator, a concept widely used in technical analysis. But the Knoxville Divergence takes a unique spin, combining the power of two established tools: the Momentum Oscillator and the…
The price for Gold stood at 4,614. The post Philippines Gold price today: Gold steadies, according to FXStreet data appeared first on ForexTV. Source link
Black children are four times more likely to be strip-searched by police officers across England and Wales than their white counterparts, according to the latest nationwide figures disclosed by a watchdog. The children’s commissioner also found that children under the age of 15 are a bigger proportion of those subjected to intimate searches, official figures…
By Aditya Kalra NEW DELHI (Reuters) – Spirits group Diageo (LON:)’s Indian unit has submitted financial documents sought by New Delhi anti-corruption police in an investigation related to billing and discount practices involving city agencies, a source familiar with the matter said. Hina Nagarajan, the CEO of Diageo’s Indian unit, United Spirits, was summoned to…
Weekly FX Chart Outlook EURUSD DAILY CHART – WEEKLY OUTLOOK Trend is up 1.1047 recent high is now key resistance blocking 1.1137. Use 1.1050 as well. The weekly close above 1.10 is bullish but only a break/close above 1.1047 would extend the uptrend. Look for a buy on dips bias as long as it…