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5 patterns that are great for scalping
Chart patterns are powerful tools designed to analyse price movements in trading. This article highlights the 5 best candlestick and chart patterns fo...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9550; (P) 0.9582; (R1) 0.9602; More… Intraday bias in EUR/CHF remains neutral and outlook stays bearish with 0.9670 support tur...
Gold price forecast: xau/usd remains on the defensive below the $1,940 area ahead of us nfp
Gold price remains confined in a narrow range around the $1,930 level. The upbeat data could convince the Federal Reserve (Fed) to hike additional rat...
Gbp/usd risks a probable drop to 1.2580 – uob
GBP/USD holds a positive note and snaps a four-day losing streak during the Asian session on Friday. The major pair trades around 1.2730, gaining 0.17...
Eur/usd could weaken to the 1.0860 region – uob
EUR/USD clings to mild gains around 1.0960 as traders in Europe brace for a volatile Friday filled with multiple top-tier data/events. While preparing...
Usd/jpy daily outlook
Daily Pivots: (S1) 142.56; (P) 143.01; (R1) 143.79; More… Intraday bias in USD/JPY stays neutral at this point. On the upside, above 143.88 will tar...
Economic report: german factory orders jump by 7% in june
German factory orders jumped 7% in June, the most in three years, according to data released Friday. Read Full Story The post Economic Report: German ...
Gold price today, 04 august: gold flat as traders await us jobs report for cues on us fed policy
MCX Gold prices fell modestly on Friday. On the Multi Commodity Exchange, gold October futures were trading at Rs 59,392 per 10 grams, down by Rs 40 o...
Gold drops to three-week low as risk aversion sentiment favours dollar; prices range-bound, go long on dips
Gold prices are testing critical support as they have dropped to a three-week low, whereas MCX gold has been in the range of Rs 58,900-59,800 from the...
Chfjpy pullbacks are expected to remain supported
The Elliott wave view in the CHFJPY suggests that the pair should remain supported in 3, 7, or 11 swings & extend higher. Because the main cycle from ...
Usd to cad price forecast: steady ahead of us, canada job reports
A rollercoaster week for Treasury yields, which have touched their highest level since November 2022, has driven the USD to CAD’s performance. The p...
China announced several measures to rejuvenate its capital markets
Markets And another sell-off in core bonds yesterday. US Treasuries underperformed, especially at the long end. Yields shot up between 0.3 (2-y) and 1...
Technical outlook and review
DXY: The DXY instrument is currently in a bearish trend, with a potential for a bearish continuation towards the 1st support level at 102.00. This sup...
Eur/usd technical analysis
On the hourly chart of EUR/USD at FXOpen, the pair started a fresh decline from the 1.1050 zone. The Euro declined below the 1.1020 and 1.1000 support...
Dispatches from the picket lines: fran drescher hits nyc & silversun pickups perform outside disney as focus turns to nbcuniversal picket tomorrow
This is Day 94 of the WGA strike and Day 21 of the SAG-AFTRA strike SAG-AFTRA president Fran Drescher joined striking actors and writers in New York o...
Mobimo holding ag: half-year results 2023
Lucerne, 4 August 2023 Mobimo posts a solid operating result for the first half of 2023. Its the result of the strategy of progressively expanding ren...
52 strong even after a congestive heart failure!!!
I’m in debt to the Almighty for he never forsakes me nor leaves me alone… I owe him my life ten folds! God is great! Read Full Story at source (ma...
Eur/jpy ignores german factory orders, remains depressed near 156.00 amid downbeat yields
EUR/USD clings to mild gains around 1.0960 as traders in Europe brace for a volatile Friday filled with multiple top-tier data/events. While preparing...
The two primary ways to invest in gold: physical and futures
The Two Primary Ways To Invest In Gold: Physical And Futures Investing in gold is a time-honoured strategy to safeguard wealth, especially during turb...
Sec freezes assets of $50 million crypto scheme
The US Securities and Exchange Commission (SEC) obtained a temporary asset freeze order against Utah-based crypto business Digital Licensing Inc., ope...
Gold technical analysis - bulls and bears are watching this key support level
The Fed hiked interest rates by 25 bps as expected and left everything unchanged. Fed Chair Powell didn’t hint to anything and reaffirmed their data...
Usd/cad consolidates gains above the 1.3350 mark ahead of canadian, us employment data
USD/CAD holds above the 1.3350 mark ahead of top-tier employment data from the US and Canada. US Initial Jobless Claims rose to 227K last week, as exp...
Aud/usd maintains its bid tone around 0.6570 area, just below daily high amid softer usd
Bets for more Fed rate hikes limit the USD losses and cap the pair ahead of the NFP. Read Full Story at source (may require registration) The post AUD...
Usd/inr forecast: indian rupee sell-off faces one final hurdle
The USD/INR exchange rate is sitting at an important resistance level. The pair was trading at 82.74 on Friday, a few points below the crucial resista...
Eurostoxx futures +0.6% in early european trading
German DAX futures +0.4%UK FTSE futures +0.4%There is a more positive mood on the day as equities look to end the week on a better note. The turn of t...
Intraday analysis – usd needs a fresh catalyst
GBPUSD bounces back Cable consolidates after a modest rate hike of 25 basis points by the BoE. The pair has been drifting lower after it broke below d...
Oil price forecast: saudi arabia, russia production cuts fuel price rise
Oil prices are closing in on a 6-week winning streak, given the ongoing production cuts from Saudi Arabia, Russia, amid fear of an economic slowdown. ...
Germany june industrial orders +7.0% vs -2.0% m/m expected
Prior +6.4%; revised to +6.2%That's back-to-back large increases in factory orders in Germany, but there is a big caveat to take note of. A big chunk ...
Gold price forecast: xau/usd bears stay hopeful below $1,955 – confluence detector
In a case where the XAU/USD remains bearish past $1,922, the $1,915 support encompassing Pivot Point one-month S1 will act as the final defense of the...
‘is this a bitcoin ad?’ joe biden unknowingly touts btc in coffee mug video
United States President Joe Biden sent Bitcoin enthusiasts into a frenzy after drinking from a mug with laser-eyes on it, however the video seems to b...
Usd/chf daily outlook
Daily Pivots: (S1) 0.8717; (P) 0.8758; (R1) 0.8783; More…. Intraday bias in USD/CHF remains neutral for the moment. Near term outlook stays bearish ...
Dollar losing momentum as markets anticipate the dual-faced impacts of nfp
Dollar maintains its position as the week’s strongest major currency, although momentum has noticeably started to wane. The release of today’s non...
Bnp paribas lowers boe terminal rate forecast to 5.50%
This comes after the policy meeting yesterday, so BNP is saying that they are only seeing one more rate hike to go for the BOE. In terms of market pri...
Compagnie financiÈre richemont sa – richemont publishes the notice of meeting for its 2023 agm
Compagnie Financiere Richemont SA announces the agenda of its 2023 Annual General Meeting. The (abridged) Notice of Meeting is set forth below. The sa...
Eur/gbp extends post-boe pullback to snap three-day winning streak near 0.8600
EUR/GBP drops 0.12% intraday as it reports the first daily loss, so far, in four days around 0.8600 heading into Friday’s European session. In doing...