German PMI Points Towards Shallow Downturn

[ad_1] Euro Analysis German manufacturing and services sectors register meagre surprise to the upside EUR/USD rises but pulls back to levels observed ahead of the release Few catalysts this week point to potentially lower volatility as markets speculate on 2024 rate cutting cycle The analysis in this article makes use of chart patterns and key

Australian Leading Index stumbles further, points to more weak growth ahead

[ad_1] The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, dipped to -0.40% in October from -0.38% in September. Says WPAC: Economy set to remain stuck in ‘low growth rut’ well into next year. Range

MUFG: Key points on today’s FOMC decision

[ad_1] Fed Chair Powell MUFG delves deep into the anticipated FOMC decision, suggesting that, while the FOMC will most likely keep the fed funds rate unchanged, market participants should be keenly watching for any deviations in the typical messaging from the Federal Reserve. Key Takeaways: Rate Expectations: The market has virtually no expectation of a

GBP/USD, EUR/GBP Nearing Key Pivot Points?

[ad_1] British Pound, GBP/USD, EUR/GBP – Technical Update: Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound continues to be overshadowed by a brewing bearish Head & Shoulders chart formation against the US Dollar. On the daily chart below, GBP/USD can be seen struggling to clear the neckline around 1.2592. Furthermore, prices

OPEC Monthly Report Points to Tighter Oil Market, Cuts Continue

[ad_1] Oil (WTI, Brent Crude) Analysis OPEC’s demand forecast suggests tight oil market into year end Brent crude oil pulls back from resistance as bullish momentum subsides WTI crude oil tests trendline support on latest dip The analysis in this article makes use of chart patterns and key support and resistance levels. For more information

چگونه با استفاده از Pivot Points معامله کنیم – تجزیه و تحلیل و پیش بینی – 17 فوریه 2023

[ad_1] نقاط محوری یکی از پرکاربردترین ابزارهای فنی در میان معامله‌گران فارکس هستند و ساختار منحصربه‌فرد آن‌ها پنجره‌ای متمایز به حرکت‌های بالقوه قیمت ارائه می‌دهد. نقاط محوری محبوب هستند زیرا محاسباتی که آنها را ایجاد می کنند یکی از ساده ترین محاسبات در جهان شاخص ها هستند. سادگی آنها به این معنی است که معامله