By Samuel Indyk and Ankur Banerjee LONDON (Reuters) -The U.S. dollar was perched near it highest in more than two months against major currencies on Tuesday, spurred by wagers the Federal Reserve will proceed with modest rate cuts in the near term. A string of U.S. data has shown the economy to be resilient, while…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! AUDCAD short term forecast update and follow up is here. On Aug 1st 2024 I shared this “AUDCAD Technical Analysis And Short Term Forecast” post in our blog. In this post, let’s do a…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! EURNZD technical analysis and short term forecast post is here. We do our analysis on the MetaTrader4 platform (MT4), some very interesting, useful tips and hacks about the MT4 platform could be found…
2024.10.15 2024.10.15 Scarcity of Bears on Gold. Forecast as of 15.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The pullback in the gold price proved to be less pronounced than expected. The precious metal held above $2600 per ounce and then returned to its initial level. The question now is, what will happen next? Let’s discuss this topic and develop…
Fundamental Overview The bullish momentum in the US Dollar seems to be waning despite the recent higher-than-expected US CPI and PPI reports. One caveat is that the market has now priced out the aggressive rate cuts expectations and it’s almost perfectly in line with the Fed’s projections. Therefore, we will likely need more strong US…
Buy Utility here ☑️➡️ MT4 – https://www.mql5.com/en/market/product/124758 ☑️➡️ MT5 – comming soon Installation Setting up a Webhook for sending signals to Discord: Create a Discord server if you don’t have one yet. This is where you will receive the signals. Once your server is ready, set up a webhook for signal transmission. This will allow your Metatrader…
When we talk about the biggest trading losses ever, it’s impossible to ignore the spectacular downfall of Bill Hwang, the once unknown but highly successful founder of Archegos Capital Management. In March 2021, Hwang's wealth, which had ballooned to $30 billion, vanished almost overnight in one of the most dramatic collapses in financial history. This…
The New Zealand Dollar (NZD) is likely to consolidate in a range of 0.6070/0.6110. In the longer run, oversold weakness has not stabilised, but NZD must break clearly below 0.6050 before further sustained decline is likely, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. NZD to consolidate in a range of…
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EURCHF Consolidates as Trading Pace Slows Down The EURCHF market remains steady in a consolidation phase as both buyers and sellers wait for a decisive breakout. The pair has been trading within a tight range below the 0.94450 resistance level, while support at 0.93420 continues to hold. Key Levels for EURCHF Resistance Levels: 0.94450, 0.95000…