Euro and Swiss Franc rise broadly as the markets are approaching the weekly close. On the other hand, Canadian Dollar is reversing some of this week’s gains, while Dollar is following as second weakest for the day. As for the week, the Loonie is still the strongest, followed by Kiwi Swiss Franc is the weakest
Month: August 2021
First look at the support target finding buyers The USDCHF has moved steadily lower (trending) over the last 10/11 hours of trading. The move took the price from the near the high for the week near 0.92414 (the high was at 0.9238 today), to a low of 0.91508 (about 88 pips). The average trading range over the last month
Bad news is good news for gold The weekly chart in gold is shaping up to be an interesting one with gold now up $26 to $1778. There’s a potential bottom from $1680 that would really turn into something if we saw a break (and weekly close) above $1833 in the next 2-3 weeks. I
Artificial intelligence research lab Fetch.ai has been granted a request to have major cryptocurrency exchange Binance identify individuals behind a $2.6 million hack. According to a Friday Reuters report, the Royal Courts of Justice in London has ordered Binance to identify the hackers and seize the stolen assets. Fetch.ai reportedly claimed that hackers stole $2.6
New Delhi: Gold in the national capital on Friday jumped Rs 222 to Rs 45,586 per 10 gram amid a recovery in international precious metal prices and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 45,364 per 10 grams. Silver also gained Rs 100 to Rs
In this article ABNB Airbnb CEO Brian Chesky attends the Cannes Lions on June 20, 2016, in Cannes, France. Richard Bord | Getty Images Airbnb’s stock on Thursday fell more than 4% after the company reported its second-quarter earnings. The company beat Wall Street’s expectations for revenue and bookings but warned about expected volatility from
Here I have an easy day trading strategy for those traders out there getting tried of my 4 hour and daily chart videos. I go through a handful of trades from start to finish using tradingviews bar replay feature. This strategy combines the SSL channel indicator with the WAE and seems to do quite well
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FX Pairing Trading by Steve Ruffley of InterTrader http://www.financial-spread-betting.com/intertrader/intertrader.html Trading Strategies: Forex Trading Correlations One of, it not the most commonly traded market in the world with around $4 Trillion traded everyday. PLEASE LIKE AND SHARE so we can bring you more! There are two types of currencies 1) Floating 2) Pegged. The most common
Here is what you need to know on Friday, August 13: Friday the thirteenth does not seem too scary for equity investors and why should it as markets just keep going up teaching all new traders the benefits of buying and holding. Also perhaps teaching some bad lessons about risk management in the process but
Trading in the Asian markets is relatively subdued again. Asian stocks are mixed even though DOW and S&P 500 rose to new record highs overnight. Dollar continues to fail to find a committed direction. While the greenback remains firm against Euro, Swiss Franc and Yen, it clearly lacks upside momentum against commodity currencies. With a
Takes out the low from yesterday’s trading The GBPUSD has been steadily moving lower over the the course of the NY session and has just moved below the low target from yesterday’s trading below 1.38022 and also below the natural support at 1.38000. The low 1.37935 so far. Looking at the hourly chart, the pair is testing/dipping
NSW has seen a record-high new case count today and no end in sight to the spread. The state leader says to prepare for higher numbers in the days ahead. On the other side of the country, Western Australia has tightened its border control with NSW. As of August 17: NSW is to be designated under
NEW DELHI: Gold prices were mildly higher in Indian market on Friday, tracking flat trends in other Asian peers. The precious metal was headed for a second consecutive weekly decline. Gold futures on MCX were up 0.19 per cent, or Rs 87, at Rs 46,450 per 10 gram. Silver futures gained 0.31 per cent, or
Prices that Americans pay for everyday goods and services rose in July as pent-up demand for travel and restaurants kept inflation hot, but jumped about as much as economists had expected. The Labor Department reported Wednesday that its consumer price index rose 5.4% in July from a year earlier, in line with June’s figure and
In this article DIS The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), today, Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Disney is set to report fiscal third-quarter earnings after the bell on Thursday. Here are the key numbers analysts are expecting: Earnings per share: 55 cents
Despite mixed concerns over the reflation fears, the latest poll of 43 respondents, unveiled by Reuters, said, “The Federal Reserve will announce a plan to taper its asset purchases in September.” The survey also mentioned that the US jobless rate would remain above its pre-pandemic level for at least a year. Key quotes (from Reuters)
Dollar is trying to regain some ground in early US session after stronger than expected PPI. Both initial and continuing jobless claims also continued to trend lower. The greenback is followed by Euro and Yen while Aussie and Kiwi are softest. Though, major pairs and crosses are staying inside yesterday’s range for now. As for
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