Lower on the day, but waiting for the next shove The USDJPY is lower on the day after a run higher found sellers near a upper swing area between 109.42 and 109.48 (the high reached 109.496 and quickly retraced lower). The move to the downside has seen the price chop to the downside. There have been a lot of ups and downs
Overhead resistance targets lining up The AUDUSD trended lower, and started the NY session near the lows for the day. The low bottomed at 0.7730. There was nothing special technically about the level, but it was ahead of the 100 day MA at 0.77207. Last week, the price traded above and below that MA level,
Mostly modest changes in the major indices The major European indices are closing the day mixed to start the trading week. The end of day changes are mostly modest. The provisional closes are shown German DAX, -0.1% France’s CAC -0.2% UK’s FTSE 100, -0.1% Spain’s Ibex, +0.1% Italy’s FTSE MIB, +0.4% In other markets as London/European
Trades near highs. The GBPJPY is higher and tests a topside trendline from a consolidation range. Earlier in the session, the price tested the lower trendline of what is a bull pennant formation. A break above the trendline currently at 154.24, would still have to get through the highs seen over the last week at 154.275 (from Friday), 154.324 (from Thursday) and 154.424
3 simple steps to make profit by Tokyo Box Breakout Strategy. I am showing the break out strategy with LIVE trading on CHFJPY on 26 of June, 2019, and explaining why it works on what currency pair. Note: I traded manually on this video because it was live trading. But you can use buy /
Can the price of the GBPUSD stay above the 1.4102 to 1.4112 area. The GBPUSD is extending the narrow trading range and in the process has moved above the swing area between 1.41021 and 1.4112….again. Earlier in the day, two separate hourly bars moved above that level, only to fail. The pair has now CLOSED ABOVE that area for 2
Trendline broken at $1856.10 The price of gold is trading to a new session high of $1868.23. That up 1.35% on the day or $24.82. Looking at the daily chart, the precious metals making a break above its 200 day moving average for the first time since early February (February 3). The price is also moved
You can use this simple scalping forex strategy to make around $500 daily. It can be used by anyone regardless of experience to identify trends in the markets and get good trade entries. ?Join My VIP Forex Signals https://t.me/LittlePandaForexVIPV2_bot ?Join My FREE Forex Signals https://t.me/LittlePandaForex Follow Me Instagram: https://www.instagram.com/littlepandaforex/ Twitter: https://twitter.com/littlepandafx Facebook: https://www.facebook.com/LittlePandaForex/ https://www.littlepandaforex.com/ #Forex?
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
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
Impersonated twitter accounts Impersonators, often using the same avatar images as Musk’s own twitter account but slightly misspelling his username, pretend to be Musk and messages followers to send currency to a specific wallet address in exchange for receiving a larger payment in return. The scams violate Twitter’s policy against deceptive accounts. However, moderators have struggled
Credit Agricole on the euro Credit Agricole CIB Research discusses the latest readings from its FX positioning indicator. “According to our FX positioning gauge, the EUR was bought for most of the past week with real money investors driving most of the latest development. This makes sense, especially when considering that equity-related inflows may be
By Ravindra Rao NYMEX crude oil prices rose for four out of five trading sessions last week and yet logged a modest weekly gain of 0.7 per cent. Crude oil rates topped the $66 per barrel mark in the beginning of the week amid supply concerns relating to the US, as a major pipeline servicing
Starting with a record high in gold price last August, precious as well as industrial metals have all hit 52-week peaks over the past one year. Gold was joined by silver, palladium and then copper in the rally, which caught many investors by surprise. Gold has since seen a correction, with Comex (CME) spot gold
By Gaurang SomaiyaInflation may be an unavoidable phenomenon but it is starting to make a lot of people nervous. Most market participants believe that inflation is primed for rapid acceleration as trillions of dollars have been pumped by the Federal Reserve along with near-zero interest rates. But now, the question arises whether inflation will be
NEW DELHI: Gold in the national capital on Monday rose by Rs 348 to Rs 47,547 per 10 gram following a strong global trend, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 47,199 per 10 gram. Silver also zoomed Rs 936 to Rs 71,310 per kilogram from Rs
NEW DELHI: Nickel prices fell 0.24 per cent to Rs 1,299.50 per kg in the futures trade on Monday after participants offloaded their positions amid weak demand in the spot market. On the Multi Commodity Exchange, nickel contracts for the May delivery traded lower by Rs 3.10, or 0.24 per cent, to Rs 1,299.50 per
NEW DELHI: Zinc prices on Monday rose 0.45 per cent to Rs 232.20 per kg in the futures trade on a firm spot demand. On the Multi Commodity Exchange, zinc contracts for the May delivery rose by Rs 1.05, or 0.45 per cent, to Rs 232.20 per kg in 1,930 lots. Analysts said fresh positions