Author: FX
Our forex strategists focused heavily on the Kiwi this week, and arguably had a very effective round with three out of four strategy discussions having a high probability of leading to positive outcomes. Source link
In the world of forex trading, having the right tools at your disposal can make all the difference between success and failure. One such tool that has gained popularity among traders is the ROC MT4 Indicator. In this article, we will delve into the details of this indicator, explaining what it is, how it works, and why it’s a valuable addition to your trading arsenal. Understanding ROC What is ROC? ROC stands for Rate of Change, and in the context of forex trading, it’s an essential technical indicator. ROC measures the percentage change in price between the current closing price…
Magnitude 6.4 earthquake in Philippine Islands region –GFZ Source link
Warning: QFIN is at high risk of cutting its dividend Source link
UPCOMING EVENTS: Monday: Switzerland CPI.Tuesday: Tokyo CPI, China Caixin Services PMI, RBA Policy Decision, Eurozone PPI, Canada Services PMI, US ISM Services PMI, US Job Openings.Wednesday: Australia GDP, Eurozone Retail Sales, US ADP, BoC Policy Decision.Thursday: China Trade data, Switzerland Unemployment Rate, US Challenger Job Cuts, US Jobless Claims.Friday: Japan Wage data, US NFP, University of Michigan Consumer Sentiment.MondayThe Swiss CPI Y/Y is expected to remain unchanged at 1.7% vs. 1.7% prior, while the M/M measure is seen at -0.1% vs. 0.1% prior. The inflation rate in Switzerland has been in the SNB’s 0-2% target for a long time for…
US DOLLAR FORECAST – EUR/USD, USD/JPY, GBP/USDThe U.S. dollar has fallen sharply in recent weeksThe greenback’s bearish correction may extend if November U.S. job data surprises to the downsideThis article examines the technical outlook for the major U.S. dollar pairs, analyzing critical price levels that could be relevant for EUR/USD, USD/JPY and GBP/USD Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: US Dollar Up but Bearish Risks Grow, Setups on EUR/USD, GBP/USDThe U.S. dollar, as measured by the DXY index, fell nearly 3% in…
Notable earnings before Monday's open Source link
4/4 © Reuters. Lanao Del Sur Governor Mamintal Adiong Jr. stands among law enforcement officers as they investigate the scene of an explosion that occurred during a Catholic Mass in a gymnasium at Mindanao State University in Marawi, Philippines, December 3, 2023. Lanao 2/4 By Karen Lema and Neil Jerome Morales MANILA (Reuters) -Philippine forces were on high alert on Sunday after a bomb killed four people and wounded several during a Catholic Mass in a university gymnasium in the south of the country, an attack the authorities called Islamist terrorism. “I condemn in the strongest possible terms the senseless…
CRUDE OIL ANALYSIS & TALKING POINTSOPEC+ decision to extend cuts unable to bolster crude oil prices.Potential USD rebound may hinder crude oil bulls.Bearish signals could see crude oil prices breakdown further.Elevate your trading skills and gain a competitive edge. Get your hands on the CRUDE OIL Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Warren Venketas Get Your Free Oil Forecast CRUDE OIL FUNDAMENTAL BACKDROPWTI crude oil and Brent crude oil prices faded after much anticipation created by OPEC+ postponing their meeting around production cuts due to disagreements with…
In the fast-paced world of Forex trading, gaining a competitive edge is crucial for success. One of the tools that seasoned traders often rely on is the SFI MT4 Indicator. In this comprehensive guide, we’ll delve into the intricacies of this powerful tool, helping you understand how to use it effectively to make informed decisions for entry and exit points in your Forex trades. Whether you’re a novice trader or a seasoned pro, this article will provide you with valuable insights to enhance your trading strategies. What is the SFI MT4 Indicator? The SFI MT4 Indicator, short for the Super…