Nasdaq daily It has gotten ugly in equity markets on Friday the 13th. The Nasdaq Comp is leading the way lower, down 1.5% while the S&P 500 is down by 0.85%. The drop today wipes out the weekly gain in the Nasdaq after a strong start. There’s a disjunctive risk-off tone in markets today in
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
This blog is used to explain the detailed steps to use the Smart Market Structure program and its scanner. I’ll use an example to illustrate the detailed steps to make it easy to understand: Step 1. Go to the scanner. and look at attached file named “smart-market-structure-opportunity-scanner-1.png”. Step 1.a Look for the row with the
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
CRUDE OIL PRICES OUTLOOK Oil prices extend losses for the second consecutive day, reversing most of Monday’s rally Despite the recent pullback, geopolitical tensions in the Middle East create a constructive backdrop for energy markets. This article looks at the key technical levels for oil to keep an eye on in the coming days. Trade
© Reuters. The fell by 0.23% on Tuesday, influenced by a stock market rally and Atlanta Fed President Bostic’s dovish stance on further interest rate hikes. This drop comes despite some safe-haven demand spurred by Middle East turmoil. Bostic expressed that the current policy rate is adequate to bring inflation down to 2%. In contrast,
© Reuters. Neil Phillips, co-founder of Glen Point Capital and former hedge fund chief, is set to face trial next week in New York over allegations of manipulating the foreign exchange market tied to a $20 million transaction handled by Morgan Stanley. The bank’s involvement in the case was disclosed during an indictment revelation amid
CRUDE OIL PRICES OUTLOOK Oil prices soften after Monday’s strong rally. Despite Tuesday’s move, geopolitical tensions in the Middle East create a constructive backdrop for energy markets in the near term. This article looks at oil’s key technical levels to watch in the coming days and weeks. Trade Smarter – Sign up for the DailyFX
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
© Reuters On Sunday, the U.S. dollar and the Japanese yen slightly increased from their positions late Friday, following violent incidents in Israel over the weekend. This rise indicates the profound impact that Middle Eastern turmoil can have on global financial markets, particularly on the USD. The USD’s status as a safe-haven currency is reinforced
