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,...
ECBs Nagel: ECB cannot be lenient with structural inflationary forces
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,...
Minneapolis Fed Pres. Kashkari: The most likely outlook is the Fed stands put on rates
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,...
AUDUSD bounces ahead of the 100-day MA today. What next technically for the pair?
The AUDUSD moved higher to retest the swing area ceiling area before the RBA rate decision and found willing sellers. That ceiling area comes in between 0.6635 and 0.6648. The rotation lower after the rate decision, took the price down toward the 100 day MA at...
Summary of press release from Apple on the new iPad launch.
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,...
If there is no progress in Cairo talks, we will move to second phase of Rafah operation
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,...
Apple iPad event in process. What about the technicals for Apple
The Apple iPad event is ongoing with the company announcing a new iPad air, including first larger version. The new iPad air is 50% faster and has an M2 chip. The price starts at $799.Other products will also be announced.What about the price action and the...
New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan
Cryptocurrency casino platform TG.Casino and iconic Italian football team AC Milan announced they have struck a new partnership this week. TG.Casino AnnouncementIn a May 6 tweet, the @TGCasino_ account on X posted: ‘TG Casino is proud to formally announce our new...
Canada Ivey PMI for April rises to 63.0 vs 57.5 last month
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,...
USDCHF:Buyers had their shot with a move above the 200 bar MA on the 4-hour chart. Missed.
Yesterday, the USDCHF traded up-and-down closing near its highs for the day after finding support against the 38.2% retracement of the move up from the March low to the May high. in the Asian session today, the price continued its move to the upside and extended above...
EURUSD Trades to a new high
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,...
US stocks set to open mixed
As US stock trading moves toward the opening at the bottom of the hour, the major indices are trading mostly higher:Dow Industrial Average average are trading up 72 pointsS&P index are trading up eight pointsNASDAQ index are trading down -3.25 points.US yields are...
Minneapolis Fed Pres. Kashkari: housing market is proving more resilient to tighter policy
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,...
Israeli government spokesman: Objective is still to destroy Hamas
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,...
Kickstart your FX trading for May 7 w/ a technical look at the EURUSD, USDJPY and GBPUSD
As the North American session begins, what are the key bias, risks, targets for the 3 major currency pairs - the EURUSD, USDJPY and the GBPUSD. It is important as a trader to understand, what the price action is saying. The price action with technical tools, give...
As the North American session begins, the USD is the strongest and the JPY is the weakest
As the North American session begins, the USD is the strongest and the JPY is the weakest. Having said that the pairs are fairly scrunched together with the USD, CAD and EUR fighting for the strongest. The JPY is the most weakest followed by the AUD which is lower...
Legendary Investor Stanley Druckenmiller cut his stake in Nvidia
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,...
ForexLive European FX news wrap: Aussie dips slightly as RBA keeps policy unchanged
Headlines:Markets:NZD and USD lead, JPY lags on the dayEuropean equities higher; S&P 500 futures flatUS 10-ear yields down 2.6 bps to 4.463%Gold down 0.3% to $2,315.42WTI crude down 0.3% to $78.24Bitcoin up 0.9% to $63,848The RBA policy decision was the main...
Bond yields stay in retreat mode to start the month
US Treasury 10-year yields (%) daily chartThe turnaround came as traders are starting to digest a more dovish Fed outlook since last week. We've gone from seven rate cuts priced in to start the year down to one rate cut, before moving towards two rate cuts now. To be...
USDJPY Technical Analysis – The path of least resistance remains to the upside
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...