EURUSD trades in the extreme area In The price of the EURUSD extended into the “extreme area”, and outside the older “red box” that confined trading from April 27 to May 23, sans the 2-3 days from the lower extreme (between 1.0348 and 1.04578). The move below 1.04578 took the price down to a swing
As risk appetite gets sapped on the day, that has seen dollar bids come back into the picture today as mentioned here. In turn, it has pushed AUD/USD to fresh lows in four weeks as the pair now dips just below the 0.6900 handle. From a technical perspective, there isn’t much relief on the way
In this article ORCL Safra Catz, then co-chief executive officer of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares rose almost 9% in extended trading on Monday after the database software company issued fiscal fourth-quarter results that exceeded
NEW DELHI: Gold prices hovered near four-week lows on Tuesday on the back of profit booking. Firm US dollar and bond yields also dented the bullion’s appeal. Asian shares tumbled on Tuesday after Wall Street hit a confirmed bear market milestone and bond yields struck a two-decade high on fears that aggressive US interest rate
The U.S. economy added 390,000 jobs in May, better than expected despite fears of an economic slowdown and a roaring pace of inflation, the Bureau of Labor Statistics reported Friday. At the same time, the unemployment rate held at 3.6%, just above the lowest level since December 1969. Economists surveyed by Dow Jones had been
Here is a requested strategy tested 100 times so you can see the results for yourself. This is clearly at least 30 times better than anything I have shown on the channel so far. Obviously I am being completely sarcastic the whole time and this is terrible I highly recommend staying away from channels that
► Important Risk Notice: https://transparentfxtrading.com/terms-conditions/#risk-disclaimer In this video, I will be sharing a simple forex trading strategy that you can learn and optimize for your own forex trading plan and trading strategy. I have tried to keep the video as clear and educational as possible I suggest following it to the end and I believe
Next week, the Bank of England will have its monetary policy meeting. Analysts at MUFG Bank consider it poses some upside risk for the pound but they warn any rally should be short-lived in light of the still unfavourable UK cyclical backdrop. Key Quotes: “The GBP has been consolidating at weaker levels after correcting lower
Dollar rises strongly in early US session after CPI data. Headline inflation reaccelerated with strong rise in energy and food prices From this perspective, there is little scope for Fed to pause tightening in September. It might instead continue its 50bps per meeting plan for longer. The greenback is now the strongest one for the
Binance Labs closed a $500 million fundraising round to secure capital that will be invested into Web3, blockchain, and value-building technology. The investment will be directed towards projects that work on developing more use cases for crypto by the team at Binance Labs. This fundraising round was supported by some of the leading global investors
Earlier this week it was all about Treasuries. The whims of the bond market were seemingly steering sentiment elsewhere. Today though US 10-year yields are up just 1.6 basis points in a back-and-forth trade but risk aversion is high and worsening. The S&P 500 is down 67 points, breaking below the range of the past
Earlier in the day, oil dropped on demand worries as China continued to flip the on-off button on lockdown restrictions. A new flare-up in cases in Shanghai is presenting lockdown concerns and WTI crude fell to near $120.00 in Asia trading. But buyers held on near the figure level, alongside the 100-hour moving average at
In this article DOCU Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign shares fell as much as 24% in extended trading on Thursday after the electronic signature software vendor reported weaker-than-expected earnings in its fiscal first quarter. Here’s how the company did: Earnings: 38 cents per share,
TOKYO: Oil prices fell on Friday but still hovered near three-month highs, with fears over new COVID-19 lockdown measures in Shanghai outweighing solid demand for fuels in the world’s top consumer United States. Brent crude futures for August was down $1.01, or 0.8%, at $122.06 a barrel as of 0141 GMT after a 0.4% decline
Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation has peaked and thus is on board with a series of aggressive interest rate increases ahead. “I think the Fed has shown that we’re in the process of recalibrating our policy to get inflation back down to our 2%
Simple But Effective Forex Trading System, Successful Forex trading tools and indicators have been around for some time. But most traders, who have not grasped the systematic processes and achieved a high level of proficiency, are looking for simple but effective forex trading systems and tools that can help them gain consistent profit in the
#SwitchTV #ForexTrading #FullCircle