Summary 10/28 – 11/1 – Action Forex
Monday, Oct 28, 2024 Tuesday, Oct 29, 2024 Wednesday, Oct 30 2024 Thursday, Oct 31, 2024 Friday, Nov 1, 2024 The post Summary 10/28 – 11/1 appeared first on Action Forex. Source link
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GBP/USD climbs to three-day peak, approaches 1.3000 – Forex Trader Hub
GBP/USD Price Forecast: Climbs to three-day peak, approaches 1.3000 The Pound Sterling recovered some ground and traded at around three-day highs of 1.2998 yet remained unable to crack the 1.3000 figure at the time of writing. Market mood has improved slightly, a headwind for Greenback, which, despite that, is headed to sustain weekly gains of more…
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Super Signals Channel V3 and Mean Reversion Forex Trading Strategy – ForexMT4Indicators.com
The Super Signals Channel V3 is revolutionizing forex trading by providing an advanced, data-driven approach to identifying market opportunities. This cutting-edge tool uses sophisticated algorithms to analyze vast amounts of market data and deliver high-quality signals that can guide traders towards potentially profitable trades. By removing much of the guesswork from trading decisions, the Super…
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XU Channel Button MT4 Indicator – ForexMT4Indicators.com
The XU Channel Button MT4 Indicator is a custom technical analysis tool designed for the ever-popular MetaTrader 4 (MT4) platform. As the name suggests, it centers around the concept of channels, which are visual representations of price volatility on a chart. By depicting these channels, the indicator aims to provide traders with insights into potential…
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Global Market Weekly Recap: October 21 – 25, 2024
This week’s market action highlighted a tug-of-war between rising U.S. Treasury yields and safe-haven flows, as investors digested mixed economic data, inflation and geopolitical concerns, and U.S. and Japanese election-related uncertainties. While gold and the dollar moved in sync with geopolitical tensions and Fed outlook shifts, equities and oil prices felt pressure from global…
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FX Weekly Recap: October 21 – 25, 2024
Rising U.S. yields and geopolitical tensions dominated this week, driving safe-haven flows and broad dollar strength. We’re detailing how the major currencies moved around! Source link
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US Dollar steady as markets digest mid-tier data
US Dollar holds its ground at the end of the week, remains in consolidation mode. Fed officials remain cautious on inflation, as Durable Goods Orders miss market expectations. Markets continue to see two cuts by year-end. The US economy remains robust with GDPNow tracking third-quarter growth at 3.4%. The strong economic outlook might push the…
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EUR/USD ends Friday struggling to hold onto 1.08
EUR/USD returned to its bearish ways on Friday. A broad upswing in the Dollar Index continues to pummel the Euro. Coming up next week: DST, EU CPI, US PCEPI, and another NFP print. EUR/USD trimmed a near-term rebound on Friday, slamming the door on a clean bullish recovery and keeping bids trapped near the 1.0800…
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NZD/USD Price Analysis: Bears push lower, 0.6000 support gone
NZD/USD retreats further, dropping below 0.6000. Oversold RSI points to possible corrective bounce, but bearish momentum remains strong. The pair stands in lows since early August. The NZD/USD currency pair has extended its downtrend, with bears maintaining a firm grip as selling momentum builds. During Friday’s session, the pair fell by 0.60% to 0.5980, hitting…
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Gold price climbs as traders seek safety due to geopolitical woes
Gold remains elevated amid renewed Middle East hostilities. US election uncertainty adds to gold’s appeal, with polls showing a tight race between Trump and Biden in key swing states. Rising US Treasury yields and a rebounding Dollar cap gains, with DXY up 0.29% and limiting further upside for the yellow metal. Gold price remains firm…
