The USDCAD has traded up-and-down this week. The initial move was higher into the top-side swing area resistance. In the middle of the week the move was to the downside (after the FOMC rate decision). The last two days have been back to the upside. In the process the...
Oil Update: Russia-Ukraine War Targets Energy Infrastructure
Brent Crude Oil News and AnalysisOver 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis...
US Secretary of State Blinken warned is Israeli PM Netanyahu and his war cabinet
US Sec. of State Blinkin continues pressure on Israel's PM Netanyahu, by warning he and his war cabinet, that without a plan for the day after, Israel is on its way to being stuck in Gaza in a way that would endanger its security and international standing.Israel has...
Major indices trading marginally lower in early US trading
Major US stock indices are trading marginally lower in early US trading. Recall that yesterday, all three indices closed at record levels. The S&P is now closed at a new record highs a total of 20 times in 2024.A snapshot of the market, eight minutes into the open...
USDCHF continues upside momentum today but five sellers near keep retracement target
The SNB cut rates this week pushing the CHF lower (the USDCHF higher), but sellers showed up on the first test of the 38.2% retracement of the trend move down from 2022 high at 0.90254. Getting above that level is key for the buyers in the pair going forward. If...
Weekly Market Recap (18-22 March)
ECB’s de Cos (dove – voter) over the weekend reiterated the willingness of the ECB to start cutting rates in June:If our macroeconomic forecasts are met in the coming months, it is normal that we will start cutting rates soon and June could be a good date to...
What did Nike, Lululemon and FedEx said about the global economy
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,...
Fed Chair Powell is scheduled to give opening remarks at a “Fed Listening” event
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,...
Canada January retail sales -0.3% vs -0.4% 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,...
(부업+재테크 10년 하고 깨달은) 월 수익+자산 빠르게 늘리는 4가지 꿀팁 [이걸 모르거나 안하면 100% 후회합니다]
https://www.youtube.com/watch?v=SPhIupyY13c 재택 부업을 비롯해, 그동안 돈버는 다양한 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 제가 부업과 재테크 10년을 하면서 깨달은 것 중 ‘이것’만은 꼭 해야한다 싶은 4가지 꿀팁과 인사이트를 소개해 드립니다. 월 수익과 자산을 빠르게 늘리려면 부업과 재테크를 하실 때, 이 4가지는 반드시 명심하고 실행 하셨으면 합니다. 하루라도 빨리 한 사람과 안한 사람의 수익과 자산...
USDCAD Technical Analysis – Watch out for a break of the key resistance
USDThe Fed left interest rates unchanged as expected with basically no change to the statement. The Dot Plot still showed three rate cuts for 2024 and the economic projections were upgraded with growth and inflation higher and the unemployment rate lower.Fed Chair...
ForexLive European FX news wrap: The dollar rebound gathers pace
Headlines:Markets:JPY leads, AUD lags on the dayEuropean equities mixed; S&P 500 futures down 0.2%US 10-year yields down 3.3 bps to 4.237%Gold down 0.7% to $2,166.01WTI crude flat at $80.66Bitcoin down 1.9% to $64,247It's been a rather eventful week but less so...
MetaWin Raises the Bar for Transparency in Online Gaming
MetaWin, a leading platform for online prize-winning games, has introduced a groundbreaking initiative focused on enhancing transparency and fairness for players globally. After extensive research, MetaWin identified inconsistencies in Return to Player (RTP) rates...
ECB president Lagarde tells EU leaders that inflation decline is expected to continue
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,...
ECB’s Holzmann: A rate cut is in preparation
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,...
UK March CBI trends total orders -18 vs -20 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,...
S&P 500 E-mini futures: A swing short trade idea 📊
As traders tune in to the latest patterns in the S&P 500 E-mini Futures (ES1), a compelling short trade setup has emerged. Here's a strategic approach based on the current 4-hour chart dynamics:S&P 500 E-mini futures: A swing short trade ideaCurrent Position...
Adios to the Great British Pound
GBPUSD on the 4 hourly chart looking bearishThe GBP/USD currency pair, often dubbed the "Cable", has shown some dramatic moves on the chart lately. Here's a breakdown of the latest price action and what traders are talking about:Trending Downward: The chart showcases...
Pending Orders and Apple Lawsuit Apply Selling Pressure on the NASDAQ!
Apple stocks witness the second largest decline within the NASDAQ, falling more than 4.00%. Shareholders sold shares after news of another federal antitrust law violation. Apple is set to receive its second fine from regulators for “monopolizing” the phone sector. The...
ECB’s Nagel: The probability of a rate cut before the summer break is increasing
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,...