Trading the New Space Race
What was to be an eight-day trip turned into a …
The post Trading the New Space Race appeared first on Market Traders Daily.
What was to be an eight-day trip turned into a …
The post Trading the New Space Race appeared first on Market Traders Daily.
👷♂️ Employment Data — The Hidden Driver of Central Bank Decisions 💡 The Lesson When you hear “Non-Farm Payrolls” or “Unemployment Rate,” don’t scroll past — those numbers can move the entire forex market in seconds.Why? Because jobs create spending, and spending drives growth and inflation — the two things central banks care about most….
Mexican Central Bank Rate Cut December 20, 2024 The Bank of Mexico’s policy interest rate has been reduced by another 25 basis points to 10.0%. This was the fourth such cut since August and the fifth one since March. The rate had been at a peak of 11.25% for a year prior to that initial…
Most traders hear “martingale” and immediately think: account blowup waiting to happen. And honestly? They’re not wrong — most martingale EAs will blow your account eventually. The math is simple: without a hard stop, one bad streak wipes everything. But after running a martingale-based EA on EURUSD H1 for over 3 years live, and backtesting…
GBP/USD hit a four-month high, testing the 1.3000 level, driven by US Dollar weakness. Central bank meetings (Fed and BoE) this week could lead to market consolidation and a pause in the GBP/USD rally. A daily candle close above 1.3000 is needed for GBP/USD bulls to maintain control. Most Read: Gold Price Outlook: ETF Flows,…
U.S. crude oil prices look ready to bounce from a key support zone. Will the Black Crack see upswings in the next few days? We’re checking out what’s up on the asset’s daily chart! WTI Crude Oil (USOIL) Daily Chart by TradingView U.S. crude oil hasn’t had the best start to 2025, with prices sliding…
In the final trading sessions of May, leading currencies have been in a downward trend against the dollar. For instance, the pound/dollar pair lost over 100 pips in a single day, euro sellers in the EUR/USD pair are testing 1.0800, and the USD/CAD pair might update its May high around 1.3760. USD/CAD The rise in…