S&P Hits Another Record as Dow Slides! – Orbex Forex Trading Blog

EUR/USD gyrated in tight range above 1.1740 last week. Initial bias remains neutral this week first. Risk will stay on the downside as long as 1.1928 resistance holds. Below 1.1740 will target 1.1576 support next. Firm break there should confirm rejection by 1.2 key psychological level and turn near term outlook bearish. However, break of…

Declining USD Amid Weaker Data   Source: DailyFX Economic data for the US shows a notable decline. Economic growth is slowing, as indicated by the Atlanta Fed’s GDPNow forecast, which dropped from over 4% to a mere 1.8% for Q2. This follows a disappointing Q1 growth of 1.6%, far below the expected 2.5%. Source: DailyFX…

One of the first questions you might ask when looking at a new strategy is: “What’s the win-rate?” Sounds like a perfectly logical question! After all, winning more often must mean the strategy works… right? Further down the road, this thinking leads to chasing high win-rate setups… perhaps tweaking rules to avoid losses, before abandoning…

Gold – 19.09.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link