Don’t know what to trade?or you need some trading ideas? Be a part of my Regular Analysis & Trading Signal Group: https://t.me/+ToPxA-uZbvQ5MmI0 Hello Traders! Here is today’s GBP JPY and EURJPY+ AudJpy technical analysis. I will review the GBPJPY forecast using the supply and demand strategy and Fibonacci. Learn to read the market and utilize
The #1 Lie Beginner Forex Traders Are Told Hey y’all! Happy Sunday. I tried my best to get this out before market open…but I’m slow. In this video, I discuss the counter to one of the biggest lies beginner forex traders are often told at the start of their trading journey. Tune in to listen
Welcome to my 30-Day Forex Trading Challenge! In this series, I’ll be embarking on an exciting journey of exploring 30 different trading strategies in the forex market, all within the span of 30 days. The best part? It’s all happening in real-time on my actual forex trading account, so you get to witness the ups
The crypto market remains volatile after the June 14 Federal Open Market Committee (FOMC) announcement and presser with Fed Chairman Jerome Powell revealed that the central bank would pause rate hikes for June. While this move aligned with investors’ expectations, the crypto market has yet to show any bullish momentum. Powell also mentioned that at
EURUSD falls to next target area The EURUSD is trading to a new session low and in the process has reached the next target area between 1.09618 and 1.09759 (see red numbered circles on the chart above). Today, the move to the downside started against the 200-hour moving average (green line in the chart above).
The JPY is the strongest and the GBP is the weakest of the major currencies. The strongest to weakest of the major currencies The day started with the ECB hiking rates by 25 basis points as expected. Shortly thereafter, a slew of economic data the US was released with all showing better than expected data.
Gold price jumped Rs 250 to Rs 60,600 per 10 grams in the national capital on Thursday amid strong global cues, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 60,350 per 10 grams. Silver also zoomed Rs 900 to Rs 77,900 per kilogramme. Gold advanced on Thursday, with
Euro turns weaker after ECB’s expected rate hike. Downside momentum is also picking up when ECB President Christine Lagarde indicated that even minor alterations in the statement’s phrasing were intentional. ECB has shifted its wording from interest rates “will be brought to” to will be “set” at a sufficiently restrictive level, providing a basis to
Turkish Central Bank Governor Hafize Gaye Erkan answers questions during a news conference for the Inflation Report 2023-III in Ankara, Turkey on July 27, 2023. Anadolu Agency | Anadolu Agency | Getty Images Turkey’s central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said in her
Share: GBP/JPY sells-off on BoJ sentiment ahead of Friday’s meeting. GBP/JPY drops into a potentially strong area of support in the 177.70/90s as per the hourly structure. Bears also eye the Point of Control near 177.00 and then a swing support area at 176.50. GBP/JPY collapses on a strong hint from Nikkei news that the
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Mustang on display at the NY Auto Show, April 6, 2023. Scott Mlyn | CNBC DETROIT – Ford Motor is reporting second-quarter earnings after the markets close Thursday. The Detroit automaker is expected to report solid results, but not as strong as the $1.91
Yesterday, the Fed hiked interest rates by 25 bps bringing the FFR to 5.25-5.50% as widely expected. The policy statement was left basically unchanged, so the market couldn’t get any signal for the next moves. In fact, the focus was not on the decision itself, but on the forward guidance. Fed Chair Powell in his
The Fed delivered a 25 bps this week and left the door open for a September move but they were not too pushy about it. There was no explicit guidance to suggest that such a move is a given and they maintained that any move after the summer will be highly dependent on economic data
Bullion traded higher in Thursday’s session, aided by weakness in the Dollar Index (DXY) which slipped below the 101 mark against a basket top six major currencies after the US Federal Reserve hiked rates by 25bps while indicating that any rate cut was unlikely to happen this year. The August gold futures were trading with
Asian markets are trading in positive mood today, even though US stocks were unmoved by FOMC’s rate hike overnight. Fed Chair Jerome Powell was predictably non-committal regarding next policy decision. But investors appear content to go along with the prevailing trend. Meanwhile, this upbeat sentiment is giving a notable boost to commodity currencies, with Australian
Share: Silver scales higher for the third straight day and climbs to a fresh weekly high on Thursday. The technical setup seems tilted in favour of bulls and supports prospects for further gains. A sustained break below the $24.00 mark is needed to negate the near-term positive bias. Silver gains strong follow-through positive traction for
In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT A Chipotle restaurant in New York, US, on Monday, July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly earnings that crushed expectations, but the burrito chain’s sales fell short. The stock fell more than 9% in extended
Live Forex Signals | GOLD & OIL | M5 | NO RISK #xauusdlive #forexsignalslive #freeforexsignal #liveforexsignals Get Forex Signals- https://www.fmanalysis.com/ ABOUT THE LIVE STREAM Introducing our unique trading indicator, specifically crafted to support your trading decisions. Observe the buy and sell signals and utilize the lower indicator to confirm. Additionally, pay close attention to the