Weekly Market Recap (21-25 August)

Monday: The PBoC cut the 1-year LPR rate by less than expected and held the 5-year rate steady: LPR 1-year 3.45% vs. 3.40% expected and 3.55% prior. LPR 5-year 4.20% vs. 4.05% expected and 4.20% prior. PBoC The German July PPI missed expectations: PPI M/M -1.1% vs. -0.2% expected and -0.3% prior. PPI Y/Y -6.0%

Trading system: trend is your friend! – Analytics & Forecasts – 26 August 2023

A popular trading expression is “the trend is your friend.” This expression has stood the test of time because trends are critically important to any trading plan. Forex trendlines can be seen in almost any charting analysis due to its usefulness and simplicity. This article provides traders with an in-depth guide on what trendlines are, how to draw

USER GUIDE – CAP Stochastic EA – Other – 22 August 2023

CAP Stochatic EA is a flexible and powerful metatrader expert advisor that trades using the Shoch indicator and implements many useful features. It using the metatrader basic Shoch Indicator. It offers many customizable Shoch trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode.

UK consumer sentiment in August rose its fastest since April

GfK consumer sentiment indicator rose to -25 in August from a three-month low of -30 in July biggest rise since April still under the survey’s average reading, since 1974, of -10 but a long way GfK comment: “While the financial pulse of the nation is still weak, these signs of optimism are welcome during this