The world of financial trading thrives on understanding market sentiment and predicting price movements. Armed with the right tools, traders can navigate the ever-changing tides and make informed decisions. Today, we delve into a valuable asset in a trader’s arsenal: the Relative Vigor Index (RVI) indicator for the MT4 platform. Understanding the Core Concept Behind…
By Kanishka Singh WASHINGTON (Reuters) -The founder of cryptocurrency market maker Gotbit was indicted for his alleged role in a wide-ranging conspiracy to manipulate cryptocurrency markets on behalf of client cryptocurrency companies, the U.S. Justice Department said on Thursday. Aleksei Andriunin, 26, was charged with wire fraud and conspiracy to commit market manipulation and wire…
The latest Bureau of Economic Analysis (BEA) data gave us a mixed read on consumer prices for September. Energy, food, and goods prices dropped, nudging headline inflation closer to the Fed’s 2% target. But services inflation is still sticky high, suggesting the Fed may lean toward keeping rates elevated for longer rather than rushing to…
MARKET REPORT(Unburdened by what has been) “Ordinance against the disorder in the sugar auctions: We mayors and Council of the Free Imperial City of Hamburg are dismayed to hear of the abuses that have crept into the sugar auctions, which range not only from disorders and quarrelling, but also are highly disadvantageous to the merchant…
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies |…
The S&P 500 touched a session low, down 96 points or 1.6%. The Nasdaq is hurting worse, down 2.6%. Worryingly, some of the highest flyers are being hit hardest today: MSFT -5.6% NVDA -4.7% META -4.6%$ AMD -3% (after a 10% decline yesterday) SOXX semiconductor ETF -4.4% TSLA -2.6% GOOG -1.7% and has nearly closed…
Harris vs. Trump: My Prediction for the US Election Polls say the US presidential election it is nearly a dead heat and thus a tossup. Then again, given past history, who can believe the polls. I wish I had a crystal ball. Alas, there is no genie in my bottle. So, there is…
The Australian dollar is in negative territory on Thursday. In the North American session, AUD/USD is trading at 0.6558, down 0.20%. On Wednesday, the Australian dollar fell as low as 0.6536, its lowest level since August 8. Australian retail sales falls to 0.1% Australian retail sales slowed to 0.1% m/m in September, down sharply from…
The Dash 2 Trade market continues to resist bearish pressure, even as it remains in a consolidation phase. In the previous analysis, significant activity was observed around the $0.00075 price level. However, today’s trading has seen this struggle shift down to approximately $0.0007. This phase of consolidation is characterized by flat candlestick patterns, signaling a…
The Bank of Japan (BOJ) maintained its short-term interest rate target at 0.25% at today’s policy meeting, while signaling increasing confidence in the economic outlook that could pave the way for further monetary tightening as early as December. Link to official Bank of Japan Statement and Economic Outlook Key Points from the BOJ Statement: Short-term…