Previewing the Canada Jobs Report: Unemployment Rate on the Rise
Previewing the Canada Jobs Report: Unemployment Rate on the Rise The Canadian Labor Force Survey report is scheduled for release at 12:30 GMT on Friday by Statistics Canada. It is likely that the Canadian labor market will continue to show weakness, supporting the Bank of Canada’s decision to maintain interest rates. Despite raising rates in […]
How To choose the right forex broker
How To choose the right forex broker If you are a new trader about to start trading forex then you are having the most confusing time of the process, trying to find the right broker. Worry no more, this articles has some important tips which will make the process much easier for you. To start […]
Caution Prevails Ahead of Big Tech Earnings
Caution Prevails Ahead of Big Tech Earnings Most Asian equities flashed red on Tuesday, pressured by losses in Chinese shares as investors evaluated China’s re-opening story in the face of negative economic and geopolitical forces. European futures are pointing to a mixed open with market players guarded ahead of another event-heavy week for financial markets. […]
Upcoming Market Updates: JPY, NZD, AUD, CHF, EUR, USD, CAD
Upcoming Market Updates: JPY, NZD, AUD, CHF, EUR, USD, CAD JPY: SPPI y/y, it measures Change in the price of services purchased by corporations. NZD: ANZ Business Confidence, it measures Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. AUD: CPI q/q, it measures Change in the price […]
Strategy session: Why momentum is a short-term trader best weapon
Strategy session: Why momentum is a short-term trader best weapon We can move toward trading fundamentally the same vein as many do in Blackjack or how a club works, in that we can think in probabilities and conceivably manufacture, and take advantage of an edge. The club has a little edge in each game and […]
What Is a Bear Trap in Trading and How to Handle It?
What Is a Bear Trap in Trading and How to Handle It? You might have known about a bull trap, however, on the off chance that you haven’t, we as of late canvassed this theme in an article. In this aide, we’d prefer to enlighten you concerning the contrary occasion on the lookout: a bear […]
EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday
EUR/USD rebounds to 1.1871 during a sluggish Asian session on Tuesday Generally, EUR/USD is moving upwards. As of late, EUR/USD rebounded off the resistance zone of 1.19000. Measuring the most recent bullish run between the year low at 1.1663 and the post-NFP high at 1.1908, the 23.6% retracement is situated at 1.1850, the quick help […]
NZD a little lower, yen a touch higher
NZD a little lower, yen a touch higher Regional equities had another positive meeting today, China and Hong Kong rising after the lead of Wall Street on Wednesday. Japanese business sectors were shut for vacation and will be again tomorrow. US short-term value list prospects rose on Globex however have been sideways the recent hours. […]
Xtreamforex news wrap: BTC and USD higher in Asia time
Xtreamforex news wrap: BTC and USD higher in Asia time Australia and New Zealand forced more tight Covid related limitations in Sydney and Wellington. Bitcoin added to its bob from its concise plunge under US$29K to a high of more than $34K during the timezone here today. EUR/USD, AUD/USD, NZD/USD, and link are altogether off […]
QUICK MARKET WRAP
QUICK MARKET WRAP The Australian dollar fell after the announcement of the meeting minutes, dropping by about 15 points to a low of around 0.7695. The New Zealand dollar/U.S. dollar fell a few points. Since then, the two have become a little bit apart. US dollar/Canadian dollar and US dollar/Japanese yen. The scope of all […]
QUICK MARKET WRAP
QUICK MARKET WRAP The Australian dollar fell after the announcement of the meeting minutes, dropping by about 15 points to a low of around 0.7695. The New Zealand dollar/U.S. dollar fell a few points. Since then, the two have become a little bit apart. US dollar/Canadian dollar and US dollar/Japanese yen. The scope of all […]