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
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. FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Tuesday said no major trading partners appeared to be manipulating their currencies, but it put Vietnam
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Share: US Dollar consolidates previous week’s losses. Economists at Commerzbank analyze Greenback’s outlook. USD’s upside potential largely exhausted Due to a lack of new information on central bank policy, EUR/USD will tend to trade sideways this week. Based on monetary policy the Dollar’s upside potential is more or less used up and the
© Reuters. The continuous devaluation of the Nigerian Naira, which recently peaked at N2,010 per CFA1000, has significantly disrupted cross-border trade and led to record high commodity prices. The situation has been particularly severe for traders dealing in rice and frozen poultry products at the Seme-Krake border in Lagos. The price of a 50kg bag
