GBP/USD daily chart GBP/USD bulls have reclaimed the 200-day simple moving average (SMA). Investors are awaiting the release of the FOMC Minutes at 19.00 GMT. The news can potentially provide high volatility in the financial markets and in USD-related pairs. GBP/USD 4-hour chart GBP/USD bulls broke above the main SMAs suggesting a bullish bias in the
Podríamos observar algo de volatilidad en los pares AUD durante la próxima sesión de Asia, con la divulgación de los datos de empleo más recientes. Está agendada para el miércoles a las 18:30 hora de México (o jueves a las 01:30 hora de Madrid). Aquí hay algunas consideraciones para tener presente antes de este evento.
MARKET DEVELOPMENT – CAD Eyes BoC Risk, ZAR Plunges, GBP Loses Ground GBP: Following yesterday’s sizeable gains, the Pound has lost a little bit of its shine this morning after reports that 3 MPs quit the Conservative Party to join the recently created Independent group. Consequently, this has taken May’s parliamentary majority to 8, which
Stocks are poised to open modestly lower, while the dollar is barely firmer against its major trading partners as trade talks continue and ahead of the release of the Fed’s minutes. As we approach the tail end of earnings season, financial markets have firmly priced in a soft first quarter, that could go negative and
Looking at the ways one can take in order to look past the ‘noise’ When it’s too noisy, you often can’t make out what you want to hear. You may get confused and do something wrong. The same thing can happen when you trade currencies as technical analysis can be complicated by the so-called ‘market
The Canadian dollar is the strongest performing major currency on the day so far ForexLive USD/CAD is hovering around the lows for the day as price settles at levels last seen on 6 February with support around 1.3180 helping to keep the pair afloat for the time being. The near-term bias in the pair is
In this Thursday, Feb. 7, 2019 photo a bud tender helps customers at Serra a dispensary in Portland, Ore. A U.S. senator from Oregon has proposed legislation that would give states a free hand to allow legal marijuana markets without the threat of federal criminal intervention. (AP Photo/Richard Vogel)ASSOCIATED PRESS A patchwork of regulations is
Every day, trillions of dollars are traded on the forex market, which influences other asset classes. To get a big picture of the global economy, learn more about how currencies are bought and sold on the largest financial market in the world.
Forex Bank Trading Course: http://www.daytradingforexlive.com/day-trading-forex-education-course/ September brought one of the toughest months of trading for us this entire year. Every forex trading strategy or trading system has a market type that it is best suited for. The bank trading strategy will preform far better in more range bound markets that tend to hold major extremes.
In this video I’m going to be talking about a simple forex scalping strategy for beginners. Even though I personally don’t like scalping I won the PIP Daddy scalping competition last year! LOL!! This year I’m going to be protecting my title. Come watch me live and see for yourself what the best scalping strategy
That means that they will do so in the next round of revisions The IMF already cut global growth forecasts in January with German growth seen at just 1.3% this year following the revision. And now IMF chief, Christine Lagarde, mentions to Die Zeit that they are “likely” to lower the German growth outlook further.ForexLive
Today, Stavros provides exclusive insights on Gold and WTI! He explores the fundamental reasons affecting their exchange rates ahead of the FOMC and the API crude stocks report. Watch as he identifies some important support and resistance levels, and explains how flat, controlled volatility Bollinger Bands form Ranging Markets! tavros, Head of Investment Research at
FTSE underperformer again as sterling re-finds some form European equity markets are poised for a slightly higher open on Wednesday, with the FTSE looking like the underperformer once again as sterling marches higher. The pound broke back above 1.30 against the dollar on Wednesday, registering more than 1% gains on the day in the process.
Walmart shares soared Tuesday after the company beat on earnings, a move that took the stock’s gains into double-digit territory for 2019. The retail giant saw better-than-expected returns on grocery sales and managed to grow e-commerce sales by 43 percent between the most recent two quarters, destroying estimates for the holiday season. Three experts weigh
The greenback is holding up after yesterday’s poor performance ForexLive Or at least that’s the case for now. Trading ranges remain relatively narrow for the most part with little changes across most major currencies. The focus for the dollar will turn towards the January FOMC meeting minutes release later in US trading, so that should
Asian Stocks Talking Points: Wednesday saw a rather directionless session for stock markets Economic data were scant, with Australian wage data the only point of interest The US Dollar was generally a little weaker Find out what retail foreign exchange investors make of your favorite currency’s chances right now at the DailyFX Sentiment Page Asia