XAU/USD: A Trend-Follower’s Market
- Daily Analysis, Daily Report, Recent Posts, Technical Analysis, Trending Now
- April 25, 2024
Charts: Trading View (Italics: Previous Analysis) EUR/USD: The US dollar extended its decline on Tuesday, largely coinciding with the correction seen in US Treasury yields (albeit cooling somewhat in recent trading). Dollar softness, of course, aided EUR/USD’s recovery gains from 20-year troughs established last week ($0.9536). In terms of US risk events, US job openings
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORESeptember 22, 2022 FP Markets has been awarded the “Best Global Value Broker 2022” for an unprecedented 4th consecutive year. FP Markets claimed two further awards for “Best Forex Partners Programme” in Asia 2022 and “Best Forex Broker” in Europe 2022. The Global Forex Awards 2022 celebrated its 5th ceremony on Thursday 22 September
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREReading Time: 8 Minutes It must be said and must be fully accepted that all investing and trading carries risk. Granted, some instruments are riskier than others, however. We can, as informed traders and investors, nonetheless, mitigate risk as much as possible. Serving as the largest financial market in the world, the Forex market (foreign
READ MOREReading Time: 8 Minutes Reversal patterns, as their name implies, represent formations that forecast a reversal in the price movement of a security. Bullish reversal patterns (buy) and bearish reversal patterns (sell) are established using several visual techniques, including Japanese candlestick reversal patterns and chart-based reversal configurations that Forex traders should know. Japanese Candlestick
READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: With the month of August in the rear-view mirror, down 1.6 per cent, the EUR/USD currency pair trades lower 11.60 per cent, year to date. Wednesday, however, witnessed price rally 0.5 per cent, strengthening its position north of parity ($1.00). The H1 timeframe has price movement closing in
READ MOREReading Time: 8 Minutes Mobile trading with MetaTrader 5 (MT5), software developed by MetaQuotes, enables trading foreign exchange, as well as Contracts for Differences (CFDs) on stocks, commodities, interest rates, as well as other financial instruments. In addition, MT5 allows pricing derived from futures and stock exchanges, from any location at any time, thanks to
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