Gold Slides Lower as $3000 is on the Horizon! – Orbex Forex Trading Blog

The Heiken Ashi Smoothed and Intraday Channel Breakout Forex Trading Strategy combines two powerful tools for traders who are focused on capturing short-term trends in the market. The Heiken Ashi Smoothed indicator, an enhanced version of the traditional Heiken Ashi candles, smoothens price action to reduce market noise. This provides traders with a clearer view…

BNY’s Head of Markets Macro Strategy Bob Savage reports that Christine Lagarde told the European Parliament the Euro area outlook is highly uncertain, with growth supported by real incomes and investment but weighed by tariffs, a stronger Euro and geopolitics. Inflation is projected to stabilize at 2% over the medium term, and the ECB will…

DELL’s Elliott Wave structure suggests the completion of a corrective wave IV, with a bullish continuation in progress. The larger timeframe chart reinforces the bullish outlook for Dell Technologies Inc. (DELL). It shows a long-term uptrend, with the stock completing a major wave II correction in 2022 before resuming its advance. Wave III peaked, followed…

Yesterday, after the close of the main trading session, social media giant META reported its second-quarter results, significantly exceeding analysts’ expectations: → Earnings per share: actual = $5.16, forecast = $4.72;→ Revenue: actual = $39.07 billion, forecast = $38.26 billion;→ Daily active users increased by 7% year-on-year to 3.3 billion;→ Ad impressions grew by 10%,…

Many traders struggle to make sense of market movements. Technical analysis helps predict price changes in currency pairs. This article explains key concepts and tools for beginners. Learn how to spot trading opportunities using charts and indicators. Key Takeaways Technical analysis uses charts and tools to predict forex price moves based on past data. Key…

The British pound has edged lower against the US dollar on Friday.  GBP/USD is trading at 1.2928 in the European session, down 0.13% on the day. UK economy declines 0.1% in January The UK economy barely registered any growth in the second half of 2024, rising 0.1% in the third quarter and flatlining in the…