Bear Rally Forces Gold Towards $2500! – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Weekly FX Chart Outlook Nov 11-15 For the week ahead it is like digging out after what was not a normal trading week. So, use last week’s low/high as broad ranges (see below) that either have to narrow unless the USD highs are taken out. Most at risk is EURUSD, which found support…
Weekly FX Chart Outlook Nov 11-15 For the week ahead it is like digging out after what was not a normal trading week. So, use last week’s low/high as broad ranges (see below) that either have to narrow unless the USD highs are taken out. Most at risk is EURUSD, which found support…
Newsquawk Week Ahead Highlights Nov 11-15 Newsquawk Highlights include US and China CPI, US Retail Sales, UK and Australian Jobs MON: US Holiday: Veterans Day. BoJ SOO (Oct), BoC SLOS; Norwegian CPI (Oct) TUE: Fed SLOOS, OPEC MOMR; German CPI (Final), ZEW (Nov), UK Unemployment/Weekly Earnings (Sep), US NFIB (Oct) WED: Riksbank Minutes (Nov),…
Gold – 08.11.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Is There a Chance the Fed Will Not Cut Interest Rates? Attention will now shift to Thursday’s FOMC decision where a 25bps rate cut is widely expected. So, the surprise would be no change by the Fed, which cannot be ruled out following the resounding win by President-elect Trump. What would you do…
Gold goes out of favor as capital piles into the US Dollar, Bitcoin and Stocks. Donald Trump is now expected almost certainly to be the next US President. Technically, XAU/USD extends its short-term downtrend to key support. Gold (XAU/USD) trades down by half a percent in the $2,720s on Wednesday due to the US Dollar…
A Warning to All Traders: Your Stop May Not Be a Stop Anyone who has survived the forex trading wars and is still trading knows how important stops are to preserve capital and staying in the game. As I noted in Use stops and Live to Trade Another Day Stops are a…
How Traders Should Prepare for the U.S. Election Anyone trading knows how hyper sensitive global markets are to news, whether it be economic, monetary policy related or geopolitical. Being in sync with what markets are expecting and on alert for a surprise prepares a trader to assess a news reaction. This, in turn,…
Gold – 01.11.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link