Opening and closing positions and orders: Manual instant order execution or through virtual limit and/or stop orders, as well as automatic trading with setting the trading time using the built-in indicators. The positions are not executed at the set price if the price continues to move against the buy/sell direction after the price has been reached,
Share: Gold price attracts bids below $1,860.00 after a mild correction in the US Dollar. The US economy remains resilient due to falling inflation, stable labor demand, and robust consumer spending. Fed Kashkari said that current interest rates are not sufficiently restrictive to bring down inflation to 2%. Gold price (XAU/USD) retreats despite the
The EURUSD is looking to close the trading week below the 200-hour MA and a cluster of resistance near 1.0610, but above the 100-hour MA at 1.05614. Those levels will be the barometers for buyers and sellers in the new trading week. In the video, I break down the levels and explain why they are
Share: USD/BRL has crossed back above 5.00. Economists at Société Générale analyze the pair’s outlook. Defence of 4.84 crucial for persistence in up move USD/BRL has extended its rebound after carving out a higher low at 4.84 as compared to the one in July near 4.69. It has crossed above the descending channel
Permian rigs -6 to 308 Gas rigs 502 vs 507 Data today from the EIA showed US production up 90k bpd in July from June, which came as something as a surprised and helped to soften oil prices. Eventually though, falling rigs will bite. This article was written by Adam Button at www.forexlive.com. لینک منبع
Share: Pound Sterling finds buying interest while UK recession risks remain intact. UK Manufacturing PMI is expected to contract for the 14th time in a row. UK’s real estate inquiries increase as households see no more increase in mortgage rates. The Pound Sterling (GBP) faces an intense sell-off despite the United States’ core Personal
Nasdaq Comp We’ve seen this script before. Treasury yields came off the lows and slowly the gains in equities faded. The FX market might have been the tell earlier as money started to move into US dollars, something I alluded to. I just don’t know how you could have a lot of confidence in that
Share: Markets are digesting the recent PCE numbers. Chicago PMI number deteriorates further. The US Dollar Index clings on to an 11th weekly positive close. The US Dollar (USD) is trying to hold on to another weekly gain, though it looks like either a make-or-break deal. If the US Dollar holds onto gains, this
Weekly WTI Oil is near the lows of the day, down 96-cents but still has some breathing room in what looks like it will be another weekly close above $90. Still, it feels like something of a loss for the bulls, or at least a loss of momentum. We touched $95 early on Thursday before
Share: Strategists at ANZ Bank analyze Silver (XAG/USD) outlook. Investment demand to reverse Silver is facing a double whammy: expectations of a rise in US interest rates curbing its investment appeal and a weaker Chinese economy weighing on industrial demand. These two drags are driving a recent liquidation of Silver investments. We expect
