The US Justice Department is examining if Tesla permitted wire and securities fraud in their self driving claims.The question is did they overstate their expectations for self driving? Was there an intent to defraud investor decisions from their overly optimistic...
Kickstart the FX trading day for May 8 w/ a technical look at EURUSD, USDJPY and GBPUSD
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,...
USDCAD Technical Analysis – The buyers are in control
The USD weakened across the board last week due to a more dovish than expected FOMC decision last week where the Fed decided to signal a bigger QT taper beginning in June and the Fed Chair Powell pushing back repeatedly against rate hike expectations. Moreover, the...
폰으로 한번만 해도, 매달 자동으로 돈이 들어온다고!?
https://www.youtube.com/watch?v=Lqdg16zr2so #부업 #투잡 #재택부업 폰으로 가능한 한 번이라도 따라하면 매달 자동으로 수익이 들어오는 부업을 소개합니다 안녕하세요? 절약왕 정약용 인사드려요 ^^ 영상이 도움이 되셨다면, [구독]과 [좋아요] 부탁드려요 🙂 오늘도 행복한 하루 보내셔요 ^^ MoneyMaker FX EA Trading...
ForexLive European FX news wrap: Dollar holds steadier as yields look to bounce
Headlines:Markets:USD leads, AUD and JPY lag on the dayEuropean equities mixed; S&P 500 futures down 0.2%US 10-year yields up 3.1 bps to 4.491%Gold up 0.1% to $2,316.08WTI crude down 1.2% to $77.43Bitcoin down 1.1% to $62,275It was a relatively quiet session as...
US MBA mortgage applications w.e. 3 May +2.6% vs -2.3% prior
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,...
How to trade the news
The biggest mistake new traders make when trading the news is to look at only the so-called “high impact” data on the economic calendar. What you see on the economic calendar is generally the scheduled economic reports and events like inflation data, central bank...
Bitcoin price forecast – I have bought some BTCUSD at 62k with target 70k
Welcome, crypto investors and traders. Today, I am delving into a detailed technical analysis of Bitcoin with the above video. With recent price movements and key technical levels, there's an exciting opportunity for those looking to go long on Bitcoin. Let's break...
US reportedly looks to curb China’s access to AI software
The report says that the Biden administration is eyeing a move to safeguard US AI from China, with initial plans to protect the most advanced AI models first and foremost. That will include core software of AI systems such as ChatGPT, according to the sources.It is...
USDJPY Technical Analysis – The 160.00 handle is now in sight.
The USD weakened across the board recently due to a more dovish than expected FOMC decision last week where the Fed decided to signal a bigger QT taper beginning in June and the Fed Chair Powell pushing back repeatedly against rate hike expectations. Moreover, the...
BOJ governor Ueda says will not comment specifically on recent FX moves
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,...
BOJ governor Ueda: Will guide policy appropriately to sustainably achieve price target
Japanese economy is recovering moderately, albeit with some weaknessIf trend inflation heightens, will likely adjust degree of monetary accommodationThe risks regarding price outlook are high, both to the upside and downsideIf inflation overshoots forecast, will be...
Pound Down Due To Speculation on BOE Dhingra’s Rate Cut Vote
The US Dollar Index increases 0.13% on Wednesday and attempts to break into the April price range. April’s main price range can be seen between 105.39 and 106.35. Fed Kashkari continues to remain hawkish and advises the Fed’s monetary policy may not have reduced...
How to increase your profits
The ultimate goal of every trader is to increase his/her profits. One can argue that there are many ways to do that, but eventually it comes down to two main methods: increasing your hit rate or maximising your winners. INCREASING THE HIT RATEIncreasing your hit rate...
Dollar starts to push back after last week’s fall
The dollar was on edge as we started the new week here on Monday. But over the last few sessions, it has regained some composure and is now pushing back as we observe a couple of technical changes.As highlighted in the linked post, the dollar was pushed towards some...
Aussie Dollar Reaction: RBA’s Firm Stance Collides with Troubling Inflation Expectations
Australian Dollar (AUD/USD) AnalysisRBA keeps rates unchanged, surprising marketsInflation proves stubborn, with elevated levels expected until 2025AUD/USD pulls back - AUD more broadly, may find support from interest rate differentials (longer-term)Potential...
EUR/USD eyes second daily drop as dollar regains some composure
After a run up against the 1.0800 level on Friday, EUR/USD is not finding much follow through to take another run at the key level. The 200-day moving average (blue line) also saw sellers step in, with price now falling to 1.0730 levels. This sets up a potential...
GBPUSD Technical Analysis – A look at the chart ahead of the BOE decision
Fundamental OverviewThe USD weakened across the board recently due to a more dovish than expected FOMC decision last week where the Fed decided to signal a bigger QT taper beginning in June and the Fed Chair Powell pushing back repeatedly against rate hike...
AUD/USD gets a check back after the RBA yesterday
The bottom line yesterday was that the RBA did not offer up a hawkish tilt for those hoping for one. But the central bank did keep the door open for rate hikes, if the data warrants for that in the months ahead. The aussie fell but not too much with AUD/USD holding...
Germany March industrial production -0.4% vs -0.6% m/m expected
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,...