AVATAR TRADING HOUES Forex trading, often perceived as a high-stakes financial endeavor, has been the arena for many success stories. While the journey is challenging, it is also deeply rewarding for those who have mastered the art of trading. In this comprehensive exploration, we will delve into the world of successful forex trading by examining
Share: The CAD caught a bounce on risk appetite in early Friday trading. Industrial inflation figures in Canada print better than expected. US Dollar, Fed reaction is driving the market today. The Canadian Dollar (CAD) is looking to pare back some of Thursday’s losses, catching some support from bolstered Crude Oil bids, but
AI image The upcoming week features a series of significant economic releases, auctions, and reports that market participants will be watching closely. Monday, November 20 The week kicks off with a Treasury auction of 20-year securities worth $16 billion, an event that will give us insights into market demand for long-term government debt. It comes
© Reuters. Investing.com – The U.S. dollar edged higher in early European trade Friday, but was heading for a sharp weekly loss after cooling inflation spurred growing bets that the Federal Reserve has completed its series of rate hikes. At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket of
Share: The GBP/USD is trading flat but rough on Friday, trying to hold above the 1.2400 handle. The Pound Sterling’s midweek rally is still under threat as markets pare away gains. Slumping UK data is sending the GBP into consolidation. The GBP/USD is treading water just above the 1.2400 handle as the pair
© Reuters. NEW YORK – Binance, the world’s leading cryptocurrency exchange, is set to remove several spot trading pairs involving the Russian (RUB), including and BNB/RUB, amid regulatory challenges and liquidity issues. The company announced today its decision to exit the Russian market through a sale to CommEX, coupled with the cessation of Russian Ruble
Share: USD/JPY falls below the key 150.00 level, trading at 149.76, down 0.64% amidst a shift in market sentiment. US housing data shows resilience with Building Permits and Housing Starts exceeding expectations but fails to support USD/JPY. Bank of Japan Governor Kazuo Ueda emphasizes the need for patience in monetary policy, linking future
In the world of forex trading, success often hinges on the ability to make informed decisions. Traders rely on various tools and strategies to gain an edge in the volatile markets, and one such tool that has proven invaluable is the Moving Average (MA) indicator. Among the multitude of MAs available, the Best Moving Average
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not