The 2021 high is at 0.93747 The USDCHF moved has continued the trend move from yesterday although there is some choppy price action as the pair approaches key upside target at the 2021 high. That high came in on March 9 at 0.93747. The high price reached 0.9369 so far today. The high for 2021
India will keep the vaccines at home Reuters, citing sources, reports that India is delaying big shipments of the AstraZeneca vaccine as cases surge at home. Here’s a look at the case count in India and you can imagine how many cases go unreported in country that big and that poor. Meanwhile, in Italy, AstraZeneca
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters Higher mortgage rates do not appear to be dampening demand for home purchases but are crimping refinance volume. Mortgage applications to purchase a home rose 3% last week from the previous week, according to the Mortgage
A 3 percent drop in gold prices beginning March has spurred demand for the yellow metal in the physical and paper form. Wealth managers said that clients looking at gold as a long-term investment with regular interest earning are buying sovereign gold bonds (SGBs) from the secondary market at the current rate, which is below
Asian markets closed in deep red earlier today while European stocks dived in initial trading. Yet, the markets were saved by much stronger than expected PMI data out of Eurozone and UK. Overall sentiments recovered notably, with US futures pointing to a rebound at open. In the currency markets, Canadian Dollar, Dollar and Aussie are
Tiffany Hagler-Geard | Bloomberg | Getty Images Investors are finally getting a look at GameStop‘s fundamentals following a Reddit-fueled trading frenzy earlier this year. Here’s what the company did after the bell Tuesday. It released quarterly results that missed Wall Street’s estimates. In its latest executive shake-up, the company named former Amazon and Google executive
Spot silver is higher on Wednesday despite a stronger US dollar, likely as a result of profit-taking. XAG/USD prices bounced at the $25.00 level and currently trade nearly 5.0% lower on the week. Despite an ongoing pick up in the fortunes of the US dollar on Wednesday spot silver prices (XAG/USD) are holding up fairly
On the daily chart as shown below … what do the technical analysts think of this one? As far as H&S go this does seem nice and textbook-like. NZD and AUD have fallen out of favour as oil prices have dropped renewed coronavirus waves hit Europe and elsewhere calling into question the ‘commodity supercycle’ on
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
The Federal Reserve has taken another step forward in efforts to ensure that the financial system is protected against climate risks. As the central bank turns its attention increasingly toward the matter, the Fed has created a Financial Stability Climate Committee and a Supervision Climate Committee. The panels will focus on “the potential for complex
TOKYO: Oil prices edged higher on Wednesday as investors looked for bargains following the previous day’s plunge, but gains were capped as pandemic lockdowns in Europe and a build in U.S. crude stocks curbed risk appetite and raised oversupply fears. Brent crude futures rose 27 cents, or 0.4%, to $61.06 a barrel by 0108 GMT,
Commodity currencies are generally weak in Asian session, together with Sterling. Stocks in Hong Kong and China are reacting negatively to joint sanctions by EU, UK, Canada and US over China’s genocidal treatments of Uyghurs in the Xinjiang region. EU’s action is seen as significant turning point in the relations with China, as it’s the
WTI retreats towards six-week low flashed the previous day. Fears of US-China trade war join geopolitical and virus-led downbeat sentiment. API marked oil inventory build, EIA stockpile eyed. US dollar moves and risk catalysts will be important to watch. WTI fades recovery moves from early February low while easing to $57.60 amid Wednesday’s Asian session.
Watch as I document AGAIN our extremely POWERFUL new Renko trading system by actually trading it LIVE in front of you. This is a video compilation of more of my trades taken this week in the NY session and in our LIVE Student Rooms from start to finish. I even show losing trades in my
Learn to trade: https://bitraged.thinkific.com/courses/trading Sign-up for Notion and get $10 free credit (NOTE: I do NOT get anything from this. I already have invited too many friends.): https://tinyurl.com/yyodcd7f In this video I explain why I use Notion and how to setup your Notion account as a Forex trading journal or for backtesting so you can
This is the best forex trading strategy you can follow right away. It is simple and easy to understand. No indicators, no BS, just simple price action and market structure. ????Connect With Me????: Instagram – https://www.instagram.com/alielnazly/ Twitter – https://twitter.com/Alielnazly Snapchat – https://www.snapchat.com/add/ali_elnazly33 Like the video if you enjoy this content & don’t forget to subscribe!
Global developments over the past year have reshaped all aspects of daily life for most people and initiated some structural changes in how society operates. Lockdowns and travel restrictions have led to the rise of remote working and altered the way people make use of their free time. The coronavirus pandemic essentially shut down travel
Little in the way of corrective action today. The NZD is the runaway weakest currency of the day. Helping the bias is the pair cracking below the 100 day MA for the first time since Oct/Nov 2020. At that time, the breaks were very modest. You have to go back to May 2020 when the price was