Gold – 23.08.2024 – Orbex Forex Trading Blog

We are therefore not pre-committing to a particular rate path The medium-term economic outlook is uncertain Growth will be weaker in the short term Further ahead, the eurozone economic recovery should start to gather steam The market has been reading the signals from ECB policymakers and data and now sees just an 8% chance of…

By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on September 17th. This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong…

The bullish engulfing pattern is one of my favorite reversal patterns in the Forex market. I have previously written about how to trade the bearish engulfing pattern, and as you might expect there are many similarities between the two. As similar as they may be, I believe each deserves its own spotlight given the significance of…

Bitcoin slides below $100,000 as tariffs rattle markets Source link

Contracts for Difference (CFDs) have become a cornerstone in the offerings of modern brokerages and prop trading firms alike. While many understand the basics of CFD trading, it’s crucial to delve deeper into what CFDs represent from both a broker’s operational and a prop firm’s strategic standpoint. This guide aims to provide brokers and prop…