FX Weekly Recap: June 10 – 14, 2024
Major forex pairs drifted mostly sideways throughout the week, as dollar traders seemed inclined to wait for the U.S. CPI and FOMC statement to set the direction later on.
Major forex pairs drifted mostly sideways throughout the week, as dollar traders seemed inclined to wait for the U.S. CPI and FOMC statement to set the direction later on.
Daily Pivots: (S1) 197.60; (P) 198.16; (R1) 199.10; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. As noted before, corrective pattern from 180.00 is extending with another rising leg. Further rise is expected as long as 194.04 support holds. On the upside, above 1999.79 will will target channel resistance (now at 203.63)….
GBP/USD edges higher despite soaring UK borrowing as Dollar slips further The GBP/USD advances modestly during the North American session as the US dollar extends its losses for two straight days, despite data showing that UK government borrowing soared in June. At the time of writing, the pair trades at 1.3504 up 0.12%. Read More……
Vaughan, Ont., Jan. 26, 2025 (GLOBE NEWSWIRE) — The Residential Construction Council of Ontario (RESCON) supports the decision by Premier Doug Ford to seek a new mandate from voters Feb. 27 as the province must have the strongest and most effective leader in place to deal with a new aggressive U.S. administration, tariffs and persistent…
At the end of Tuesday, the Dow Jones Index (US30) rose by 0.91%. The S&P 500 Index (US500) fell by 0.11%. The Nasdaq (US100) Tech Index closed down 0.82%. The US stocks closed mixed on Tuesday after the Senate passed President Trump’s massive budget bill, while investors also kept an eye on trade developments. Enthusiasm…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! EURAUD short term forecast update and follow up is here. On November 6th, 2024 I shared this “EURAUD Short Term Forecast And Technical Analysis” post in our blog. In this post, let’s do a…
The Fear-Greed Index for Gold and Forex Trading has quickly become a favorite tool among modern retail traders. It simplifies complex emotions into a score that helps you decide whether to enter or exit a trade. As more traders look for smarter and faster sentiment tools, this index has evolved from a stock-market curiosity into…