Harmonic Patterns are one of the powerful advanced price action techniques that are used to detect reactions.
With the Yen bearing the brunt of the risk rally, the Dollar saw some delayed benefits from the re-tuning in Fed rate expectations and enjoyed a modest recovery yesterday.
Looking at the USDJPY yesterday, it’s a good example of multiple indications that we could be in for a new push higher. Sometimes the more evidence you have to back up an idea, the better. Sadly, however, that won’t be a guarantee it will work out!
The U.S. dollar index (USDX) swiftly vanish Wednesday’s uptick and refocuses on the downside amidst the continuation of the choppiness activity so far this week.
In Trading strategies, moving averages are without a doubt the most popular trading tools. Moving averages are great if you know how to use them but most traders, however, make some fatal mistakes when it comes to trading with moving averages.
Regardless of the FSOC's statement that the US banking system is resilient and First Citizens BancShares' failed deal to buy Silicon Valley Bank, the recent collapse of two regional North American banks fueled concerns of recession and broader contagion.
India's rupee trade settlement mechanism, which was set up by the Reserve Bank of India in July 2022, is attracting interest from more countries apart from Russia.
Gold price has settled above $1,950 in as Tuesday finally brings some stability to the markets.
This article offers a comprehensive analysis of the USD/AUD trend following April 1st, based on the latest research report from MACRO Company. This is intended to provide investors with practical trading advice and information, helping them to manage market risks and take advantage of investment opportunities.
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【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-03-31
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Bold Prime Attracts $250 Million Investment and Expands Its Operations
Fortunately for the students in Malaysia under the tutelage of the Ideas Academy, the international broker company OctaFX has sponsored the Cambridge IGCSE (International General Certificate of Secondary Education) curriculum exam fees!
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-03-30
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
On Wednesday (March 29), during the Asian session, spot gold fluctuated slightly and is currently trading near 1963.93 US dollars per ounce. The rebound in the US dollar has put a slight pressure on the gold price. In addition, concerns about the banking crisis have eased, which has also dampened the safe haven buying demand for gold. Market expectations for further interest rate hikes by global central banks, especially the Federal Reserve, to control inflation have rebounded, and US bond yield
On Tuesday, as concerns about the banking crisis eased, the US dollar index closed negative for the third consecutive day, closing 0.39% lower at 102.43. US bond yields rose, while 10-year US bond yields fluctuated narrowly to close at 3.571%; The yield on two-year US Treasuries, which are more sensitive to interest rate policy, remained above 4% to close at 4.080%. The US dollar Libor rose to 5.16% in three months before the US market, the highest level since 2007.