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Happy New Year in Chinese and Other Greetings to Celebrate Chinese New Year
Chinese New Year, also known as the Spring Festival, is one of the biggest holidays in Chinese culture. Unlike the Western New Year, which is celebrated on January 1st, the Chinese New Year doesn’t have a fixed date. Instead, it is celebrated sometime between late January and mid-February, based on the lunar calendar. So, if…
EURGBP and EURCHF: EURGBP fails to gain new support
The EURGBP pair dropped to a new weekly low on Friday at the 0.84528 level During this morning’s Asian session, we watched the EURCHF pull back EURGBP chart analysis The EURGBP pair dropped to a new weekly low on Friday at the 0.84528 level. During this morning’s Asian trading session, we saw an attempt…
EUR/USD Rally Faces Key Test With ECB and Payrolls Ahead – ForexNews.PRO
Following significant shifts in European bond yields, EUR/USD is trading around 1.08. Our calculations suggest the pair is slightly overvalued by 1.2%. It’s prudent to avoid predicting a top before the ECB meeting and US payroll data release. US dollar sentiment remains weak. Unprecedented changes in European rates impacted FX markets. German yields jumped 30bp…
Institutional Trading Explained: Smart Money vs Retail Traders
institutional trading explained If you’ve ever wondered why the majority of retail traders lose money, the answer isn’t just “bad luck” or “lack of discipline.” The truth runs deeper. The financial markets are not random casinos where everyone has the same chance. They are carefully engineered systems, designed and controlled by the biggest players in…
USD/JPY Weekly Outlook – Action Forex
USD/JPY edged higher to 149.12 last week but reversed from there. Nevertheless, downside is contained above 146.65 support so far. Initial bias remains neutral this week first. On the downside, break of 146.65 will suggest that fall from 150.90 is resuming. More importantly, sustained trading below 55 D EMA (now at 147.12) will argue that…
Forecasting the upcoming week: Inflation is the key to the FX market next week | FXStreet
The US Dollar (USD) lacked directional momentum this week amid geopolitical and local uncertainty. On the one hand, the United States (US) President Donald Trump continued threatening Iran with military interventions, taking down the tone by the week’s end, but noting that all options are still on the table. On the other hand, the Federal…
