British Pound, GBP/USD, Descending Channel – Technical Update: British Pound clocked in a 4th consecutive weekly loss GBP/USD has also confirmed a key trendline breakout Descending Channel remains in focus on 4-hour chart Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound weakened about -0.4 percent against the US Dollar last week.
Also be sure to test our forex indicators and robots at the link https://www.mql5.com/en/users/master-mql4/seller In the realm of forex trading, technical indicators play a pivotal role in aiding traders to make informed decisions. Among the diverse range of indicators, the “indikator fractal chaos bands” stands out as a powerful tool for identifying trends and potential reversal
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Country Garden is a pillar of the Chinese property sector. But for how much longer? Shares in the firm hit a record low on Friday with fears rising that the company is preparing for a debt restructuring. Country Garden had total liabilities of about $194 billion at the end of 2022. Chinese media, Yicai reported,
Also be sure to test our forex indicators and robots at the link https://www.mql5.com/en/users/master-mql4/seller Advanced option trading is a realm of the financial markets that delves into intricate strategies and techniques, allowing experienced traders to optimize their risk-reward profiles and capitalize on market inefficiencies. In this article, we will explore the world of advanced option trading,
Share: Next week, key events in the US include Retail Sales data and the release of the FOMC minutes. Market participants will also closely listen to comments from Fed officials as they prepare for the Jackson Hole Symposium. In the UK, inflation and employment data will be reported. The RBNZ will have its
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
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from August 7 to 11, 2023. There were opened in total 4 trades on each currency pair. For convenience and timely receipt of signals I use the Owl Smart Levels
Share: The University of Michigan’s Consumer Confidence data for August offered little change. Analysts at Wells Fargo point out that consumers anticipate prices to decline overall, despite their expectations of rising interest rates. Key quotes: “Consumers are becoming more convinced that inflation is cooling. Whether or not they fully understand the Federal Reserve’s
Prior +11.3% New yuan loans ¥345.9 billion vs ¥800.0 billion expected Prior ¥3.05 trillion The slowdown in broad money growth in China continues with new yuan loans also dipping after the huge surge at the end of Q2. Beijing has a tough task in trying to balance out tighter credit conditions, providing more stimulus while
