The GBPUSD is trading to a new low for the day and the week, and in the process is in closer to a swing area between 1.2105 and 1.2111. Moving below that level and the 38.2% retracement of the move up from the September 2022 low comes into focus at 1.2076 followed by the low
Osmosis is an advanced data driven automated trading robot which uses dynamic price differential algorithm and market volume to trade retracement on Gold (XAUUSD) . The price differential algorithm identifies various possible prices of execution, simultaneously pends and modifies orders until it gets the best possible price of execution. This makes the EA to use a
Share: Pound Sterling faces an intense sell-off due to risk-off impulse and weak manufacturing activity data. Persistent US inflation dampens the market mood. The BoE is expected to keep interest rates unchanged for the second time in a row. The Pound Sterling (GBP) dropped from a two-week high as the United Kingdom’s economic
It’s not often you see gold up $60, oil up $4, bonds bid and equities beaten up. Generally when it happens, it comes with something geopolitical that was unexpected. That kind of move made sense Monday as the full breadth of the slaughter in Israel was coming into focus. However just hours after the market
Osmosis is an advanced data driven automated trading robot which uses dynamic price differential algorithm and market volume to trade retracement on Gold (XAUUSD) . The price differential algorithm identifies various possible prices of execution, simultaneously pends and modifies orders until it gets the best possible price of execution. This makes the EA to use a
Share: Bank of Canada Governor Tiff Macklem said on Friday that they were concerned because they were not really seeing a downward momentum in inflation, per Reuters. Key quotes “Bank of Canada is not expecting a recession in Canada.” “When bank releases economic projections on October 25, we’re not going to be forecasting
In the fast-paced world of financial markets, traders are always on the lookout for tools and indicators that can help them make informed decisions. One such tool that has gained popularity among traders is the MACD 2 MT5 Indicator. In this article, we will delve into what this indicator is, how it works, and how
Yesterday, we got an enormous US crude oil supply build, erasing five weeks of draws. It was coupled with data showing US oil production at the highest ever. Yet today we have oil up $4.69 to $87.56 and above the post-Hamas attack peak. I highlight the fibonacci retracement levels from the October rout on this
Discover how this surprising move has weakened the pound against the powerful US dollar, and why the eurozone economy also plays a role in its performance. Nicholas Cawley gives his views on what the future holds for the pound’s exchange rate against the Japanese yen. لینک منبع : هوشمند نیوز
EUR/USD ANALYSIS Focus on China, Israel-Palestine and economic data. EUR/USD could re-test yearly lows at 1.0445. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Warren Venketas Get Your Free
