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Intraday Analysis 22.11.2024 – Orbex Forex Trading Blog
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Eco Data 3/27/25 – Action Forex
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Pound Sterling retraces amid caution ahead of US core PCE inflation data
The Pound Sterling drops after facing selling pressure near 1.2800 due to multiple tailwinds. A soft UK inflation outlook could prompt the BoE to start unwinding higher interest rates. The US Dollar recovers amid uncertainty ahead of the US core PCE price index. The Pound Sterling (GBP) corrects to 1.2750 against the US Dollar (USD)…
Ma Crossing Bot MT5 tutorial
This tutorial applies to the EA ‘MA Crossing Bot MT5‘ whose product page is accessible by clicking on the image below: This product is not just an EA that will open orders when the crossing of 2 moving averages occurs. Indeed, the main advantages of this EA are: It includes additional filters (3rd MA, Pivot Points,…
USD/CHF Weekly Outlook – Action Forex
USD/CHF’s rally from 0.8374 continued last week, but retreated after forming a temporary top at 0.9136. Initial bias is turned neutral this week for some consolidations first. Further rise is expected as long as 0.8956 resistance turned support holds. Above 0.9136 will target 0.9223 key resistance next. In the bigger picture, price actions from 0.8332…
Rachel Reeves says tax rises and spending cuts on budget agenda, citing Brexit impact
Rachel Reeves has said tax rises and spending cuts are on the table for this autumn’s budget, as the government aims to tackle a growing shortfall in the public finances which she said was partly due to the lingering impact of Brexit. Speaking to Sky News, the chancellor said: “Of course, we’re looking at tax…
