Some days most forex pairs are just going in one particular direction and it makes no sense to go against the herd. However, if you’re a fan of picking tops or bottoms and if you think that these strong trends are already exhausted, you shouldn’t be afraid to take a contrarian approach to your forex…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! USDCHF 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 here….
The New Zealand dollar is steady on Tuesday. NZD/USD is trading at 0.6138, down 0.10% in the European session at the time of writing. US markets are closed for a holiday. New Zealand will release first-quarter GDP early on Thursday. Is New Zealand still in recession? There is some uncertainty over what to expect from…
Quick Overview: OpenAI and Color Health collaborate to enhance cancer care with AI, improving screening and treatment plans. Aim to provide AI-generated screening plans to 200,000 patients by year’s end, showcasing a commitment to innovation. GPT-4 excels in medical reporting, significantly enhancing accuracy and efficiency in generating structured reports. AI reduces treatment delays, improves diagnostic…
Comprehensive Review of ApexBreak EA Forex trading has long been a domain reserved for those with significant experience and a deep understanding of market trends and analysis. However, the advent of automated trading systems, or Forex robots, has democratized access to this potentially lucrative market. One such system that has garnered attention is the ApexBreak…
AUDCAD rebounds and breaks above 0.9125 Overall, it remains above a prior upside channel The advance may continue towards the 0.9230 zone A dip below 0.9000 could signal a bearish correction AUDCAD rebounded strongly on Tuesday, extending its recovery above the key resistance zone of 0.9125. Overall, the pair is trading above the upper bound of…
SNB Expected to Cut Rates Again, Maybe – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
As the chart shows, yesterday the price of Brent crude oil rose to $84.40, which is the highest level since 1 May 2024. The demand for Brent crude oil was driven by the following factors: 1. The holiday season and increasing consumption from automotive and aviation transport. We wrote about this in the Brent market…
Decagon, a generative AI startup aimed at customer care, has announced that it raised $35m during a Series A and Seed funding round on Tuesday 18 June 2024. Accel led the Series A and Andreessen Horowitz the Seed fundraising rounds. This company claims that it offers a “powerful generative AI platform that mirrors human capabilities,…
May 2024 data on US retail spending shows a rise of just 0.1% as persistently high inflation tightens purse strings. This insubstantial increase reportedly came in one-tenth of a percentage point lower than the predicted Dow Jones estimate. According to CNBC, the US Department of Commerce stated that retail spending was “adjusted for seasonality but…