What is Forex? – Forex Forum
What is Forex? – Forex Forum September 25, 2024 /Posted byGVI Forex / 164 / Source link
What is Forex? – Forex Forum September 25, 2024 /Posted byGVI Forex / 164 / Source link
The new trading week is underway, and the pessimism surrounding the greenback still leaves a noticeable mark on it. This has put AUD/USD bulls in the lead early in this week’s trading activity. The Aussie seems to be more active on the fundamental front and, as such, may provide more clues. Key Price Levels:Resistance Levels:…
Weekly FX Chart Outlook:- Sept 23-27 New week, new ball game! Similar to last week, how the coming week ends will be more significant than how it starts out. In this regard, the dollar is ending on its back foot (except vs JPY) although only the GBP and AUD broke fresh ground to the…
Newsquawk Week Ahead – 23rd-27th September – Forex Forum September 20, 2024 /Posted byGVI Forex / 36 / Source link
The Bomb Bank Signal is a powerful indicator for MetaTrader 4, designed to identify the most relevant trends in the financial market. If you are looking for a tool that accurately anticipates movements, Bomb Bank is the ally you need. How it Works: This indicator combines three distinct methods – volume analysis, candle closes and…
During the previous week, the US dollar experienced a moderate recovery after economic data showed some strengthening. This resulted in a moderate price dip in the AUD/USD market. Currently, the market is on the brink of breaching the psychological support level at the 0.6700 threshold. Let’s take a closer look at the situation. Key Price…
Weekly FX Chart Outlook Run for the exits! After whipsaw trading following a weaker US jobs report, the market has to pick up the pieces after a tough end to the week where it ended in a risk off mood led by the sell-off in stocks.. In the week ahead, the focus will…
The Australian Dollar’s (AUD) double-top bearish reversal gets underway, OCBC FX strategists Frances Cheung and Christopher Wong note. Further downside towards 0.6640 is possible “Pair was last at 0.6715 levels. Bullish momentum on daily chart faded while RSI fell. Recent pullback may have found an interim support at 0.67 (21 DMA). Decisive break may open…
A wave of positive economic data has reinvigorated the US dollar over the past week, spurring a notable price rebound of the psychological price resistance level at the 0.6800 mark in the AUD/USD daily market. More interestingly, the economic improvement in the United States is said not to influence speculations surrounding the Fed’s interest rate…
Weekly FX Chart Outlook: September 2. 2024 Summer is over – USD shorts got washed out – New ball game. What I have done is suggest some broad ranges in a week that will be full of data but just a sparring match until Friday’s US August jobs report. The jobs report, depending on…