Top 5 Reasons Why You Should Learn to Read Price Action
Top 5 Reasons Why You Should Learn to Read Price Action For many new traders, one of the most frustrating challenges is understanding that technical analysis doesn’t have to be complicated. In fact, the key to successful trading is simpler than you think—learning how to read price action. Too often, traders load their charts with […]
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Upcoming Market Updates: USD, JPY, AUD, CHF, EUR
Upcoming Market Updates: USD, JPY, AUD, CHF, EUR USD: FOMC Member Bullard Speaks, Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy. JPY: Trade Balance, Export demand and currency demand are directly linked because foreigners […]
U.S. week after week jobless cases drop more than anticipated
U.S. week after week jobless cases drop more than anticipated The quantity of Americans recording new cases for joblessness benefits fell more than anticipated last week as COVID-19 contaminations died down, recommending that an expected stoppage in work development in January was logical transitory. Beginning cases for state joblessness benefits dropped 23,000 to an occasionally […]
Canadian Dollar Dropped its Growth, Traders Waiting for Bank of Canada Statements
Canadian Dollar Dropped its Growth, Traders Waiting for Bank of Canada Statements Traders are waiting for the bank of canada’s statement over the CAD. The Canadian dollar that was moving with high strength has dropped its progress in the last week of October. But despite heavy a weak week, the currency has got dominance over […]
How to Find Best Leverage Brokers that gets you Profit
How to Find Best Leverage Brokers that gets you Profit When you want to have the best of borrowed money, you should hire one of the best leverage brokers in the world. Leverage brokers will help you get money easily from the sources like banks and other financial institutions that allow you to invest […]
How to Get Ahead in the Financial Race with Trading Platform MT5?
How to Get Ahead in the Financial Race with Trading Platform MT5? Trading platforms are the ones that have superior algorithms and one of the popular trading platforms is MT5 that is generating a buzz among the trading enthusiasts who are taking advantage of its various features that come as a boon. The platform is […]
How to Invest with a Forex Trading Platform with Ease?
How to Invest with a Forex Trading Platform with Ease? Forex trading platform is a way to reach out to the brokers who offer you a software interface where you can do trading for currency exchange and make attractive profits easily. The people doing Forex trading are called the traders and they do this online […]
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 […]
POST NFP OUTCOME OVER THE PAIRS:
POST NFP OUTCOME OVER THE PAIRS:- Weaker-than-expected nonfarm payrolls report sent equities higher and lowered the Dollar on Friday. Futures markets are also pointing towards firmer open in Asia today, Gold recouped around two-thirds of Thursday’s selloff and prices remain above the trend line support from March low. Now support is at the place around […]
USD/CAD: BoC to give an encouraging tailwind for the loonie- TDS
USD/CAD: BoC to give an encouraging tailwind for the loonie- TDS Statisticians at TD Securities look for the CAD to maintain a supportive tailwind after the Bank of Canada outlined steps to unwind its remarkable encouragement programs in the weeks ahead. “The Bank will discontinue all remaining liquidity-focused programs ‘in the coming weeks. Term repo […]
GBP/USD prevails limited in a range, moves little post-UK jobs data
GBP/USD prevails limited in a range, moves little post-UK jobs data GBP/USD was seen consolidating its recent strong profits to the highest level in three years. Better-than-expected UK jobs data did little to provide any impulsion in the middle of overbought RSI. The prevailing USD gets rid of bias plans to soothe lockdown in the […]
Dollar Jumps with frail U.S Economic Data, still-surging COVID-19 Cases
Dollar Jumps with frail U.S Economic Data, still-surging COVID-19 Cases The Dollar clenches tightly to the profit at the close of last week The U.S. economic data disappointed Investors. The Dollar seems to have a bit of a high on Monday morning in Asia. The Sadden U.S. economic Data with growing Corona Virus […]
A rise in the Treasury Yields Comfort Dollar Situation
A rise in the Treasury Yields Comfort Dollar Situation >> The Dollar revived again on Friday morning in Asia, attaining its highest spot over 2 months. >> Some fraction of Investors being more cautious due to the rising yields and Dollar’s unexpected behavior The ascent in treasury yield benefits the U.S dollar, rising to […]
Social Trading Samples
Social Trading Samples
Dollar Goes Down and US Data Weak To COVID-19 Vaccine Optimism
Dollar Goes Down and US Data Weak To COVID-19 Vaccine Optimism The Dollar goes down on this Thursday Morning due to the economic data of the development of the coronavirus vaccine to the leading to the risker assets to the global commodities that emerging the markets. The Dollar Index tracks the greenbacks to […]
Dollar Goes Down Due to COVID-19 Worries for Vaccine Offset
Dollar Goes Down Due to COVID-19 Worries for Vaccine Offset The Dollar goes down on this Wednesday Morning with the optimize to the potential rollout due to the coronavirus to the offset by the global economic restrictions to curb the spread of the virus. The U.S. Dollar Index, which tracks the greenback against a […]