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Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
Forex Trading Glossary – U/V/W – Forex Forum
Forex Trading Glossary – U/V/W Forex Trading Glossary – U/V/W Forex Trading Glossary – U Unrealized Profit or LossThe profit or loss status of open trades. UptrendCharacterized by a series of higher price highs and higher price lows. Uptrend LineA line drawn through least two ascending price lows, with a third needed for confirmation…
GBP/USD Forecast. Forex Fundamental Analysis – ForexNews.PRO
GBPUSD: The GBP/USD pairing pressed the accelerator pedal and produced another strong session on Wednesday, rising a further 0.85% and marking a third consecutive session of solid gains. Despite warnings that the UK economy as a whole is weakening, markets rose following Wednesday’s Bank of England (BoE) monetary policy hearing. Bank of England Governor Andrew…
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Investors expect inflationary pressures to ease in the US. The People’s Bank of China launched a mechanism to support the stock market
At the end of Wednesday, the Dow Jones Index (US30) rose by 1.03%, while the S&P 500 Index (US500) gained 0.71%. The NASDAQ Technology Index (US100) closed yesterday positive 0.60%. Positive comments from Fed Vice Chairman Jefferson are helping stocks rise as he said the US economy is growing at a “robust pace”. Stocks also…
Euro and Pound Rise Following Release of US Inflation Data
The EUR/USD and GBP/USD pairs continue to move higher, responding to weaker-than-expected US inflation figures and sustained demand for European currencies. Yesterday, the US dollar depreciated against the euro and the pound after the Bureau of Labor Statistics reported a slowdown in consumer price growth in July. The Consumer Price Index (CPI) rose by 2.7%,…
