USD/JPY traded higher early, back towards 150 but has been sold off a big figure or so to approach 149.00 Apart from what has already been posted there is nothing fresh. AUD, EUR, GBP, NZD, CAD are all stronger against the dollar. Yuan is a notable beneficiary, we had USD/CNY set at its strongest (for
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
© Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Shen and Rae Wee SHANGHAI/SINGAPORE (Reuters) – Global companies are making a beeline for China’s debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom yuan
weekly USDJPY MUFG Research added a short USD/JPY position (spot ref: 149:60) to its TOTW portfolio. The trade has a target at 143.00, and a stop at 152.10. “We want to maintain some exposure to a further weakening of the US dollar and believe long JPY may be the best way for that right now,”
Hello Traders, we had a trade on CADCHF on H1 time-frame that today 17 November 23 the market already moved +1700 Points! In this trade we looked first at red candles from Italo Trend showing that the market is going to trend and we saw our last confirmation of the trend, the neon red line
Hello Traders, we had a trade on AUDJPY on H1 time-frame that today 15 September 23 the market already moved +3000 Points! In this trade we looked first at the Italo Pivots green support line, the market touches and rejects it, in this rejection I got grey candles from Italo Trend, grey candles from Italo
MetaTrader 5 and Its Impact on Forex Trading MetaTrader 5 (MT5), with its state-of-the-art trading and analytical technologies, has become an indispensable platform for Forex traders worldwide. This powerful platform offers an array of advanced features that cater to the needs of modern traders. Its multi-asset capability allows the execution of trades across a broad
The Gold Market and Its Nuances Gold trading, often referred to as trading in the ‘gold market’, is a practice as old as commerce itself, yet it remains at the forefront of the financial world for its perceived safety and value retention. This market is distinct for its liquidity and the nearly 24-hour access it
Oil (Brent Crude, WTI) Analysis US API crude inventory data posts sizeable rise, EIA data delayed to next week Oil sell-off sees the commodity (Brent) trading below the key 200 SMA WTI trading in a similar fashion with the 200 SMA holding as resistance The analysis in this article makes use of chart patterns and
© Reuters. FILE PHOTO: An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said
