Yen strength continued to persist reinforced by an uptick seen in the leading Tokyo’s core-core inflation rate as it rose to 1.9% y/y in November. Japan’s overnight swap rates have indicated an increase in odds that BoJ may hike its short-term policy interest rate again in the upcoming 18-19 December meeting. Watch the 149.30 intermediate…
Brokerage ActivTrades said Thursday that it has obtained a new regulatory licence from the Financial Services Commission (FSC) in Mauritius, bolstering its capacity to serve international clients. The latest move is said to align with the firm’s ongoing expansion strategy and further enhance its position in key global markets. The Mauritius licence is the fifth…
Thanksgiving in the U.S. might have been expected to bring calm to financial markets, but Forex trading in Asia tells a different story following the release of Japan’s Consumer Price Index (CPI). According to Forex Factory:→ Actual = 2.2%→ Forecast = 2.0%→ Previous = 1.8% Signs of sustained inflation growth have spurred currency market participants…
HP Inc. (HPQ) shares plummeted 11% following the release of its quarterly earnings report: → Earnings per share (EPS): Actual = $0.93, Expected = $0.93→ Revenue: Actual = $14.05 billion, Expected = $13.09 billion While HP Inc.’s reported revenue and EPS aligned closely with analysts’ expectations, the market was disappointed by its forward guidance. According…
Tamadoge Price Prediction – November 29 There have been re-occurrences of making formidable baseline affirmation stances between buyers and sellers in the TAMA/USD market activities, given that the crypto-economic trade is now in hovering states, tending rises. The market is making a number of efforts to guarantee that there will be an unexpected long-term recovery….
The Japanese yen has surged higher on Friday after a strong inflation release. In the European session, USD/JPY is trading at 150.19, down 0.87% on the day. Earlier, the yen has broken below the symbolic 150 level for the first time since Oct. 21. Tokyo Core CPI beats expectations Tokyo Core CPI, a key inflation…
Introduction to Golden Glow EA Forex trading has evolved significantly with the advent of automated trading systems, often referred to as Expert Advisors (EAs). One such innovative tool making waves in the trading community is the Golden Glow EA. This comprehensive review aims to delve into the features, benefits, and potential drawbacks of this tool,…
Strategy: Flip 55 The Flip 55 is a trend-following strategy. This straight forward 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…
2024.11.29 2024.11.29 Short-term Analysis for Oil, Gold, and EURUSD for 29.11.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is trying…
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…