Bitcoin, BTC/USD, Ethereum, ETH/USD – Price Action: Bitcoin and Ethereum have cleared above minor resistance. Important for BTC/USD and ETH/USD to sustain gains if the rebound is for real. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast BITCOIN: Takes on
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British Pound Vs US Dollar, Euro, Australian Dollar – Price Setups: GBP post-UK GDP gains could prove to be short-lived. EUR/GBP is testing key resistance; GBP/AUD is nearing vital support. What is the outlook and key levels to watch in select GBP crosses? If you’re looking for some top trading ideas, click on this link
On Monday, 2 October 2023: 1300 GMT / 09:00 US Eastern time: Speech by Bank of England’s Shoib Khan at the Association of Financial Mutuals Annual Conference 1500 GMT / 11:00 US Eastern time: Catherine Mann, an external member of the Bank of England’s Monetary Policy Committee, takes part in a fireside chat hosted by
The softening in US August core PCE inflation (3.9% YoY vs previous 4.3%, 0.1% MoM vs previous 0.2%) failed to drive a sustained rebound in Wall Street last Friday, as Treasury yields stayed firm despite some paring in rate hike bets. While further progress on the core inflation front may offer room for the Federal
Share: GBP/USD struggles to gain any meaningful traction and oscillates in a narrow trading range. The risk-on impulse is seen undermining the safe-haven USD and lending support to the major. The divergent Fed-BoE policy outlook should keep a lid on any meaningful upside for the pair. The GBP/USD pair finds some support near
In the ever-evolving world of Forex trading, staying ahead of the curve is essential for success. Traders are constantly on the lookout for tools and strategies that can provide them with a competitive edge. One such tool that has gained significant attention in recent times is the Advanced ADX MT4 Indicator. In this article, we
Melbourne Institute monthly inflation gauge flat m/m prior +0.2% +5.7% y/y prior +6.1% For the trimmed mean, +0.1% m/m and +5.1% y/y prior +0.1% m/m and +5.7% y/y This indicator is moving in the right direction for the RBA. CPOI levels are still elevated though. And the trimmed mean, while having dipped, is showing underlying
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices fell the most last week since June 2021 And now, 85% of retail traders (IGCS) are net-long Overall, things are not looking great for XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices sank about 4 percent last week. To give
Share: Federal Reserve (Fed) Bank of New York President John Williams said on Friday that the central bank may be done raising interest rates since inflationary pressures are going back towards the 2% target, although still elevated. Key quotes “Monetary policy is having the desired effects on the economy.” “Fed is at or
