GBP/USD – The Cable Pair May Resume Bearish Trend Again
Bearish View Take Profit: 1.2200 Stop Loss: 1.2350 Timeline: 1-2 days Bullish View Buy Stop: 1.2340 Take Profit: 1.2435 Stop Loss : 1.2250 The cable pair was seen forming 2 bearish patterns on the 4H...
View ArticleForex News for 30 March, 2023
Contrary to the anticipated 1.8 million rise and previous 1.1 million accumulation, the EIA crude oil stocks revealed an unexpected loss of 7.5 million barrels. This implies a greater demand. The...
View ArticleEUR/USD – The Uptrend is Likely to Continue for the Pair With the Double-top...
Bullish View Take Profit: 1.0910 Stop Loss: 1.0800 Timeline: 1 day Bearish View Sell stop: 1.0800 Take Profit: 1.0700 Stop Loss: 1.0900 The EUR/USD pair did drop a little as a result of the positive US...
View ArticleForex News for 31st March 2023
Janet Yellen, U.S. Treasury Secretary, has called for stronger regulations of the non-bank or “shadow bank” sector, which includes money market funds, hedge funds, and crypto assets, in her speech to...
View ArticleBTC/USD – The Bitcoin Pair Forms A Double-top Pattern, Giving Bearish Signals
Bearish View Take Profit – 26,525 Stop Loss – 30,000 Timeline: 1-2 days Bullish View Buy Stop – 28,500 Take profit – 30,000 Stop loss – 27,000 We saw the BTC/USD pair having some strong movements in...
View ArticleForex News Roundup for 3rd April 2023
Last week, the NASDAQ 100 Index closed at a new 7-month high, after qualifying as a bull market earlier in the week, resulting in a strong finish for the US stock markets. However, the Nikkei 225...
View ArticleEUR/USD -Can Expect a Bearish Breakout Happening for the Pair
Short Position Take Profit: 1.0717 Stop Loss: 1.0925 Timeline: 1-2 days Long Position Buy Stop: 1.0880 Take Profit: 1.0950 Stop Loss: 1.0765 The pair made a significant comeback in the month of March....
View ArticleForex News for 4 April, 2023
The likelihood of another 25 basis point rate hike at the May FOMC meeting has risen to almost 57% and is higher in Europe. Due to higher costs and slower growth abroad, sentiment among Japan’s...
View ArticleCutting-Edge Forex Trading Instruments and Calculators
Introduction The process of forex trading is a complicated process which requires traders to make educated decisions in the light of analysis of the market and risk management and optimization of...
View ArticleA Simple Overview of Forex Trading
Introduction If we think of crowded markets, pictures of bustling stock exchanges, with traders shouting purchase and sell orders could be the first thoughts that come to mind. However, there’s an...
View ArticleGeopolitical Influence on Algorithmic Forex Trading: Strategies, Adaptations,...
Geopolitical events and tensions have a profound impact on global financial markets, including the forex market. With the rise of algorithmic trading strategies, also known as algo trading, the...
View ArticleNavigating the Forex Market: A Technical Analysis Toolkit for Informed Decisions
The foreign exchange market thrives on constant movement. Technical analysis equips you with valuable tools to interpret these movements and identify potential trading opportunities. Find Out More...
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