The Week Ahead – Tech Bubble Begins to Burst – Orbex Forex Trading Blog

2024.09.11 2024.09.11 Platinum Prices May Skyrocket. Forecast as of 11.09.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ A 6% price drop since the beginning of the year amid record platinum shortages suggests that the metal is undervalued. However, will XPTUSD bulls be able to capitalize on the strong fundamental data? Let’s discuss this topic and make a trading plan. The…

EU Black Sea Wheat Prices Drop Amid Record 10.5M Ton Harvest Home Commodities EU Black Sea Wheat Prices Drop Amid Record 10.5M Ton Harvest We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Accept…

Last week’s “yo-yo” dollar chaos ended with Warsh’s Fed nomination triggering gold’s brutal 7% collapse. This week: three central bank decisions and Friday’s critical US jobs report. Source link

As the chart of the US Dollar Index (DXY) shows, today the value is sitting near an important resistance level around 100.20 points. We highlighted this level earlier — including in our analytical post from 10 November. Fluctuations in the USD against other currencies are forming a configuration of two channels: → A blue bullish…

Strategy: 3/12 Tunnel The 3/12 Tunnel is a trend-following strategy. This straightforward approach utilizes 3 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be applied…

Many stock indices declined after the US President announced the introduction of tariffs for multiple countries, as we reported yesterday morning. During yesterday’s trading session, the sell-off in equities intensified. According to media reports, market participants had hoped that the tariff threats were mere rhetoric and a negotiation tactic. However, many were shocked by both…