XAU/USD: A Trend-Follower’s Market
- Daily Analysis, Daily Report, Recent Posts, Technical Analysis, Trending Now
- April 25, 2024
Reading Time: 7 Minutes What is a Contract for Difference (CFD)? A CFD is a type of financial instrument, a derivative that involves two parties and pays the difference in the settlement price between when a transaction is opened and when it is closed. CFDs allow investors to trade the direction of a security’s price
READ MOREReading Time: 8 Minutes Thousands of trading robots are available, free and paid. It’s a minefield. With most advertisements claiming to be the best, it’s important to realise scams exist for beginners and old hands alike. If they claim unrealistic trading results and guaranteed profits, it’s probably a scam (buyer beware). Clearly, you must understand
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORECharts: Trading View (Italics: Previous Analysis) US Dollar Index: Against a basket of six international currencies, the heavyweight US dollar continued to outperform for a third consecutive week, adding 1.0 per cent and refreshing two-decade tops to 109.29. In what seems an unrelenting bid, momentum, however, appears to be subsiding. Displayed through the relative strength
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 MOREFP Markets celebrates its 17th year anniversary and continues its award-winning streak by by receiving the “Best Trade Execution” award. FP Markets has been awarded “Best Trade Execution” at the Ultimate Fintech Awards 2022 with the prestigious awards ceremony taking place on the final evening of the iFX EXPO International at Columbia Beach in
READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: US Federal Reserve Chair Jerome Powell was in the spotlight on Wednesday, testifying on the Semi-Annual Monetary Policy Report before the Senate Banking Committee. Powell reaffirmed his commitment to tame inflation pressures, and also acknowledged the risk of recession, though had little to say on the future of
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: Europe’s shared currency remains rooted within a primary bear trend (weekly scale), in addition to price shaking hands with the lower side of a heavy-duty weekly Quasimodo support-turned resistance at $1.0778. 2nd January low at $1.0340 (2017) appears a reasonable downside objective should sellers take the wheel. While
READ MORE