Forex

On the technical level, the dollar pair against the Turkish lira rose slightly, as the pair recorded its highest levels ever at 28.94 levels during early trading this morning.  Forex Brokers We Recommend in Your Region See full brokers list   Risk 0.50%. Entering a buy deal with a pending order from the 28.70 level. […]

Taipei, Nov. 29 (CNA) The U.S. dollar plummeted against the Taiwan dollar Wednesday, shedding NT$0.218 to close at NT$31.250. Source link

It is worth noting that the allure of cryptocurrencies appears to be gaining momentum as traders increasingly ponder the inevitability of central banks worldwide resorting to monetary policy adjustments.  The Ethereum market opened Tuesday’s trading session with a pullback, appearing to stumble momentarily before regaining its footing. In this evolving landscape, it seems we are

Mumbai, Nov 29 (PTI) The rupee stayed on upward track for the second straight session and gained 6 paise to 83.28 against the US dollar in early trade on Wednesday amid a weak American currency and foreign fund inflow in the domestic equities. Source link

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US DOLLAR FORECAST – EUR/USD, GBP/USD, AUD/USD The U.S. dollar extends losses, sinking to its weakest point since early August Meanwhile, EUR/USD, GBP/USD and AUD/USD break out to the topside, clearing key price levels in the process This article focuses on the technical outlook for top forex pairs Trade Smarter – Sign up for the

With USD/CNH and USD/JPY probing key support levels, we may require a break of them for AUD/USD to stand a chance of continuing its strong rally (which met strong resistance on Tuesday). Unless of course Australia is treated to a hot inflation report today, which could fan fears of another RAB hike. Source link

Virtu Financial and Deutsche Börse Group’s FX platform, 360T, have teamed up to improve the foreign exchange trading experience for their clients. This partnership integrates Virtu’s advanced trading analytics and Transaction Cost Analysis (TCA) into the 360T platform, providing users with detailed insights to optimize their FX trading strategies. Clients using 360T can now access

Gold analysis: In this article, I have discussed the main reasons why gold is rising. i.e., because of yields and dollar both falling. Watch out for US GDP and core PCE price index, which are among key US data highlights this week. Gold technical analysis shows prices are getting a little overstretched. Source link

Markets With few important data on the agenda, trading on US and EMU (bond) markets was mainly order driven and technical in nature. At the start of the session, Bunds tried to extend their recent rally, but the move soon stalled. ECB’s Nagel airing that its too early to speculate about rate cuts hardly can

Worrying news on the Eurozone economy continues to come in, although this is not hurting the single currency so far, which is trading at fifteen-week highs at 1.0950. Germany’s business climate index rose from -28.3 to -27.8 in December but remains deeply negative. According to the report, Germans expect their incomes to decline slightly. Their

Mumbai, Nov 28 (PTI) The rupee on Tuesday rebounded from record low levels, gaining 6 paise to settle at 83.34 (provisional) against the US dollar amid positive sentiment in the equity markets and inflow of foreign funds. Source link

Virtu Financial and Deutsche Börse Group’s FX trading platform, 360T, have formed a new partnership, set to provide clients with an integrated FX trading analytics and TCA offering. As Virtu extends its offering to the 360T client base, users will be able to leverage the trading analytics in a fully integrated manner. “At 360T we

Taipei, Nov. 28 (CNA) The U.S. dollar fell sharply against the Taiwan dollar Tuesday, shedding NT$0.102 to close at NT$31.468. Source link

Two milestones were set on Monday for two key Australian markets, which saw AUD/USD close above its 200-day average for the first time in four months and the ASX 200 close below 7,000. Source link

The fraudsters had lured a senior citizen, a former shipping captain, with lucrative returns to invest in Forex through their fake trading app Source link

Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of USDJPY published in members area of the website. As our members know USDJPY has recently made pull back that has unfolded as Elliott Wave Double Three Pattern. It made clear 7 swings from the November

Australia’s retail sales turnover in October displayed an unexpected downturn, falling by -0.2% mom, contrary to the anticipated rise of 0.1% mom. This decline follows a period of growth, with 0.9% mom increase in September and 0.2% mom rise in August. Ben Dorber, head of retail statistics at ABS, noted “Retail turnover fell in October

The gold price is looking a little prematurely to the peak of the interest rate cycle. Seasonal December strength is historic, but do the fundamentals back it up this year? Technical considerations remain mixed but are supportive on balance. Gold and silver prices have been up 2.7% and 6.6%, respectively, since the start of last

Gold was the standout asset today, rising 0.5% to $2,013 per ounce (its peak was $2,050 earlier this year), while the slide in oil prices was halted at $75 per barrel. Bond and equity markets in quiet trading. This post-holiday week sees important data on inflation, consumer sentiment, and the publication of the Fed’s often