Yesterday, the euro and pound quickly lost ground against the US dollar after Federal Reserve Chair Jerome Powell confirmed traders’ concerns by stating that recent data provides the central bank with room to lower interest rates cautiously. “The economy is not signaling any need for us to rush into rate cuts,” Powell said on Thursday…
Forex Trading Confidential: What Makes USDJPY Move? When you see USDJPY move sharply in one direction or the other assume it is being driven by more than just US dollar buying or selling. More often than not the flow involved another currency or asset class that is using or has used the JPY…
Many U.S. retail traders wonder where to turn when they discover that they have been cheated by a broker-dealer. If you have been trading for a while, this has likely happened to you at least once. The crux of the problem is that your access to evidence regarding the dispute is extremely limited–in contrast to…
Investing.com – Israel stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Tel Aviv, the rose 0.04%. The best performers of the session on the were Harel (TASE:), which rose 4.98% or 200.00 points to trade at 4,220.00 at the close. Meanwhile,…
The support zone for the D2T/USD market is currently defined between the $0.0007 and $0.0008 price levels. During the most recent bullish rally, the price surged close to $0.0012. However, this was followed by a strong bearish correction, amplified by heightened market volatility at the time. Sellers in the upper price range capitalized on these…
Combined Indicator Settings Documentation This section provides comprehensive documentation for the multiple indicators included in the EA. Each indicator is configurable through its specific input parameters, allowing users to tailor their strategies for various market conditions. The Enable Settings section allows users to activate or deactivate specific indicators based on their trading preferences. MT4 Version…
Newsquawk Week Ahead: 18th-22nd November 2024 Highlights include UK CPI & Retail Sales; RBA Minutes; Japanese CPI MON: G20 (Brazil) TUE: NBH Policy Announcement; RBA Minutes (Nov); EZ Indicator of Negotiated Wage Rates (Q3), EZ HICP (Final), US Building Permits/Housing Starts (Oct), Canadian CPI (Oct) WED: UK CPI (Oct), German PPI (Oct) THU: CBRT…
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday November 12th and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets….
This week our currency strategists focused on the U.K. Employment Report (October 2024) and Australia’s Employment Report (October 2024) for potential high-quality setups. Out of the eight scenario/price outlook discussions this week, two discussions arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. Check out…
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday November 12th and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets. Weekly…