GBP/USD Crossing Swords with Technical Confluence!
- Daily Analysis, Daily Report, Recent Posts, Technical Analysis, Trending Now
- April 22, 2024
Reading Time: 8 Minutes Technical analysts, or ‘chartists’, employ charts to evaluMain Types of Forex Chartsate the real-time price movements in financial markets, such as foreign exchange (Forex—think currency pairs), equities, indices, commodities and cryptocurrencies (note each of the aforementioned markets can be traded through CFDs, or contract for differences). A chart shows the collective
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 MORECharts: Trading View (Italics: Previous Analysis) US Dollar Index (Daily Timeframe): Dollar bulls, according to the US Dollar Index (USDX), regained consciousness last week, adding 0.6 percent and reclaiming a large slice of the prior week’s near-1 percent drop. Since 7th March, buyers and sellers have been squaring off within the limits of a descending
READ MOREReading time 7 Minutes Foreign exchange trading, or ‘Forex trading’, is conducted through a global decentralised over-the-counter market, with a daily market turnover of approximately US$6.6 trillion, according to the Triennial Central Bank Survey (April 2019). Forex trading involves buying and selling currencies, through currency pairs such as EUR/USD, GBP/USD and AUD/USD. A variety of
READ MOREReading Time 8 Minutes It is possible for traders and investors to lose their cryptocurrency investments due to a wide range of conditions, including theft, phishing scams, computer failures and other types of cyberattacks. For this article, we’ll discuss ways to keep your cryptocurrency safe from hackers and fraudsters. However, do bear in mind that
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREGlobal stock markets suffered a significant price devaluation following recent events in Ukraine. Major US equity indices, such as the Nasdaq Composite and the Standard & Poors 500 index (S&P 500), as well as the Japanese Nikkei 225 index and the Russian MOEX, experienced losses in the value of their underlying securities and are continuing
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREReading Time 7 Minutes CFDs (contract for differences) are derivative products that allow traders to hedge against market risks. CFDs also provide traders the ability to profit from the movement of both rising and falling markets—assume risk. In addition, margin trading (the use of leverage) enables traders to make more efficient use of their capital
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
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