Discover an effective scalping and day trading strategy that could help you become more successful when trading the Forex and crypto market. In this video you’ll discover: • How to use the Forex sessions in order to scalp and day trade Forex and crypto markets (how to buy and sell during London session) • How
Month: October 2021
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The Canadian dollar has weakened during the last weeks despite surging energy prices. According to National Bank of Canada analysts, the correlation is unusual, and they see that energy prices should decline further or the loonie strengthen. Key Quotes: “The Bank of Canada’s index for the price of energy commodities produced in Canada (oil, natural
Swiss Franc is the winner so far today, as Dollar and Yen pare back some of last week’s gains. Meanwhile, Euro is also soft after poor investor confidence data. On the other hand, New Zealand Dollar is following closely as second strongest, on anticipation of RBNZ rate hike later in the week. Other currencies are
Dollar and yen the laggards on the session so far It’s tough to pick at catalysts for a move in the dollar so far today as equities are seen on the weaker side and Treasury yields are pushing higher, yet the greenback is marked lower against most major currencies in European morning trade. The latter
The energy crisis globally is far from over A forecast assessment by Argus says that Asian LNG prices are likely to surge to record levels going into winter, with demand within and outside the region looking particularly robust and expected to pick up further in the weeks/months ahead.Invest in yourself. See our forex education hub.
NEW DELHI: Gold and silver futures were flat on Monday as a weaker dollar offset bets that the US Federal Reserve could begin tapering its pandemic-era asset purchases soon. The dollar index dropped to its lowest since September 29, making gold cheaper for buyers holding other currencies. Gold futures on MCX were up 0.06 per
USD/CAD pares intraday losses during a three-day downtrend. Monthly support line, challenges bears, bulls seek 200-SMA, 38.2% Fibo. breakout for fresh entry. USD/CAD licks its wounds around 1.2630, down 0.10% intraday, ahead of Monday’s European session. In doing so, the Loonie pair stays negative for the third consecutive day but an ascending support line from
The pair stalled at swing area The USDCHF peaked yesterday within a swing area going back to swing lows from June 2020 and July 2020 (before breaking lower in July), and swing highs and lows in March 2021. That swing area came between 0.93606 and 0.93753. The high price yesterday reached 0.93676 and rotated back to
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept. 30 to neutral today. The sentiment may improve further if Bitcoin (BTC) breaks out and sustains above the psychologically critical level at $50,000. One important event that
The government on Thursday hiked by 62 per cent the price of natural gas that is used to produce electricity, make fertilisers and turned into CNG to use as fuel in automobiles and cooking gas for household kitchens. This is the first increase in rates since April 2019 and comes on back of firming benchmark
Janet Yellen, U.S. Treasury secretary, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Thursday, Sept. 30, 2021. Sarah Silbiger | Bloomberg | Getty Images With a potential default looming for the U.S. in October, Treasury Secretary Janet Yellen said Thursday she would just as soon see the power over debt
Daily Recap For the Cowabunga system: Thursday, March 20, 2008. http://www.babypips.com
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Price is higher on the week The AUDUSD closed last Friday at 0.7250. The price is currently trading at 0.72618 for a gain currently up about 12 pips on the week. The move to this level, has seen the AUDUSD move higher on Tuesday to the high for the week at a 0.73104. The pair joined the dollar bull