[ad_1] The GBPUSD is back below its 200 day moving average The GBPUSD ran higher yesterday, and in the process extended toward its 100-day moving average near 1.2512. The high price got within 7 pips of that level at 1.2505 before rotating back to the downside. In trading today, lower-than-expected CPI data out of the
[ad_1] US DOLLAR, USD/JPY, GBP/USD, AUD/USD OUTLOOK The broader U.S. dollar regains ground after Tuesday’s selloff Despite today’s moves, the path of least resistance may be lower for the greenback, especially against some of its top peers This article delves into crucial technical levels to monitor for USD/JPY, GBP/USD, and AUD/USD Trade Smarter – Sign
[ad_1] https://www.mql5.com/en/market/product/108234 Only 2 options with Supply and Demand. Reversal Breakout 1. Breakout Trading: Breakout: A breakout occurs when the price moves above a resistance level or below a support level, indicating a potential change in the market sentiment. How Breakout Trading Works: Long Breakout (above supply): Traders look for a breakout above a supply zone. This
[ad_1] © Reuters. WASHINGTON – The US dollar, which has seen a strong performance in the latter half of 2023, is expected to face a downturn in 2024 as the Federal Reserve gears up to ease interest rates. In the second half of 2023, the dollar’s bull trend was propelled by robust US economic growth,
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[ad_1] In the fast-paced world of financial markets, traders are constantly seeking an edge to maximize their profits. The Dark Point MT4 Indicator is one such tool that has garnered attention for its ability to assist traders in making informed decisions. In this article, we will delve into the intricacies of this indicator, shedding light
[ad_1] Gold (XAU/USD) Price, Analysis, and Charts UK CPI came in at a two-year low for October The Core measure also ticked lower Gold prices are closing back in on $2000 Learn How to Trade Gold With Our Complimentary Guide Recommended by IG How to Trade Gold Gold Prices continued to rise in Wednesday’s European
[ad_1] Cocoa prices fell drastically yesterday [14/11], snapping previous gains and closing significantly lower. Sterling’s sharp rise on Tuesday triggered long-term liquidation in London cacao, which was followed by profit-taking in New York cocoa. Stop-loss selling increased as prices fell further, and cocoa prices closed sharply lower. Cocoa prices have received support recently, due to
[ad_1] US Retail Sales Turn Lower in October US retail sales broke its run of six consecutive positive prints in October, dropping 0.1% in the month of October compared to September. In addition, September’s number was revised higher from +0.7% to +0.9%. Customize and filter live economic data via our DailyFX economic calendar Recommended by