Forex

Forex Brokers We Recommend in Your Region See full brokers list   The difference between success and failure in Forex / CFD trading is highly likely to depend on which assets you choose to trade each week and in which direction, and not on the methods you might use to determine trade entries and exits.

Forex Brokers We Recommend in Your Region See full brokers list   This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching. The first part of my forecast is based upon my research of the past 20 years of Forex prices, which show that the following methodologies

eth-usd EUR/USD Reaches 18-Week Peak, Awaits Fed’s Rate Cut Decision Amid Inflation Data Arslan Butt•Monday, December 25, 2023•3 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> The EUR/USD pair recently scaled to an 18-week zenith, touching 1.1040, before retreating slightly

Forecast: What to Expect from the Euro and Dollar in 2024 Traditionally, we publish currency forecasts from leading global financial institutions at the turn of the outgoing and incoming years. Having maintained this practice for several years, it enables us to not only peer into the future but also to reflect on past predictions by

Forex Brokers We Recommend in Your Region See full brokers list   WTI Crude Oil, like all other assets, will deal with extremely thin holiday trading this week. Speculators who participate in the commodity this week need to understand that the lower than-normal volumes in WTI Crude Oil could generate very quiet conditions, which then

Forex Brokers We Recommend in Your Region See full brokers list   The EUR/USD went into the Christmas weekend near the 1.10140 ratio. The currency pair touched a high on early Friday near the 1.10400 level, which is a value that had last been seen on the 10th of August. The EUR/USD is now within

Arslan Butt Index & Commodity Analyst Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at

EUR/USD has completed a growth wave to 1.1011. A consolidation range is expected to form around 1.1000 today. Source link

Leading MENA based broker CFI has announced the launch of the Beta Version of its in-App AI Trading Assistant. CFI first announced an AI-based trading automation tool, Capitalise AI, earlier this year that helps traders automate strategies without the need to have development skills, and CFI now announced launching their own development of AI Trading

The employment data seems to have lost importance for USD traders now, as the FED made it clear that they will start cutting rates early next year. However, the market is still sensitive to inflation data, particularly the CPI (Consumer Price Index) report and the PCE core inflation numbers, which showed a further decline this

FPJ Cyber Secure: Businessman Loses ₹1.56 Crore In Forex Trading Scam On Instagram | FPJ Cyber Secure Cyber fraudsters defrauded a businessman of Rs 1.56 crore by luring him with the promise of earning 15 to 20 percent by investing in foreign exchange trading. Details of fraud According to information received from Dongri Police, complainant

Key points: US stocks close the week mixed. Major indices rise for the 8th consecutive week Crude oil futures settle at $73.56 European indices end the week with mixed results Nat. Economic Dir Brainard: Inflation has decreased faster than more optimistic forecasts. Atlanta Fed GDPNow estimate for Q4 growth 2.3% down from 2.8% last US

Skerdian Meta Lead Analyst Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank’s local branch, Aksioner. Skerdian specialized in experimenting with

Forex Brokers We Recommend in Your Region See full brokers list   The AUD/USD had a strong rally during the past trading week, surpassing the 0.68 level. It’s likely to aim for the 0.69 level, a zone with prior resistance and the 200-Week EMA. Breaking above this could lead to a move towards 0.7150. The

Data showed that annual US inflation fell further below 3% in November. Figures on Thursday revealed a worsening UK budget situation. Inflation in the UK was lower than anticipated in November. The dollar is caught in the sway of softer inflation signals and continues its decline, casting a favorable glow on the GBP/USD weekly forecast.

The Canadian economy experienced its third consecutive month of sluggish performance. Canada’s annual inflation rate stayed at 3.1% in November. US prices experienced their first decline in over 3 1/2 years in November. The outlook takes a bearish turn in the USD/CAD weekly forecast as the Bank of Canada urges caution, deeming it premature to

The economic calendar is a vital tool for financial traders, helping you see upcoming market moving events and plan trades to take advantage of them. Source link

A 56-year-old transport businessman from Khar was duped of Rs 1.56 crore after a group of three people befriended him on social media, and lured him into investing money in foreign exchange trading and cheated him. Dongri police on Friday lodged an FIR in the matter. The complainant, a Khar West resident, received messages from

In general, this market continues to exhibit volatility, but the prevailing upward pressure appears to be the predominant force at play. Silver displayed a modest rally during Thursday’s trading session, underlining the enduring interest in this market, particularly as interest rates in the United States continue to decline. Given this trend, it is reasonable to