Author: FX

In the ever-evolving world of forex trading, staying ahead of the curve is essential. Traders are constantly seeking tools and indicators that can provide them with an edge in the market. One such tool that has garnered attention is the ADR Order Block Finder MT4 Indicator. In this article, we will delve into the world of ADR (Average Daily Range) and explore how this indicator can revolutionize your trading strategy. Understanding ADR in Forex Before we dive into the intricacies of the ADR Order Block Finder MT4 Indicator, let’s grasp the concept of the Average Daily Range in the forex…

Urban Outfitters down 7% despite quarterly beats Source link

Via Bloomberg overnight comes analysis from Citi on oil:price should find support in the year-endtentatively forecast Brent crude at $80/bbl (3-month horizon)2024 should bring some weakness as balances loosen somewhat This article was written by Eamonn Sheridan at www.forexlive.com. Source link

USD/CAD PRICE, CHARTS AND ANALYSIS:Read More: The Bank of Canada: A Trader’s GuideUSDCAD has been stuck in a range since the beginning of November with the recent drop in Oil Prices coinciding with US Dollar weakness keeping the pair rangebound. Many had hope Canadian inflation may bring the recent malaise in USDCAD to an end but that has unfortunately not materialized. Recommended by Zain Vawda Get Your Free Top Trading Opportunities Forecast CANADIAN CPI, US FED MINUTESThe Bank of Canada received a welcome boost today as Canadian inflation followed its US counterpart in declining more than expected. This is key…

Oil is bouncing once again in the longer-term downtrend. Will this attract longer-term sellers once again or is it finally time for the bulls to take charge? WTI Crude Oil (USOil): 4-Hour WTI Crude Oil CFD: 4-Hour Chart by TradingView Directional biases and volatility conditions in trading are typically driven by fundamentals. If you lack a fundamental-based price outlook for oil, it’s time to do some digging by checking out the forex calendar and stay updated on daily fundamental news! After you’ve done your homework and you think oil bears are going to stay in control, then check out these…

Share: The Euro is steeply off its bids against the Pound Sterling, down 0.5%. The GBP took a leg higher after several hawkish comments from BoE policymakers. A thin Wednesday calendar gives way to Thursday’s double-header EU & UK PMI readings. The EUR/GBP is down half a percent following a Pound Sterling (GBP) rebound fueled by unexpectedly hawkish comments from Bank of England (BoE) policymakers early Tuesday during the UK’s Monetary Policy Report Hearings. The Euro (EUR) got knocked back towards the 0.8700 handle and is trading into the low end with little recovery heading into Wednesday’s market…

Win McNamee/Getty Images News Sam Altman and the board of OpenAI are in talks to bring the company co-founder back, Bloomberg reported. The discussions are happening between the recently-ousted chief executive officer of OpenAI and at least one board member, Quora CEO Adam D’Angelo, the report said, citing people familiar with the matter. The talks appear to also involve some OpenAI investors. Altman could return as a director on a transitional board. Altman was fired on Friday in a shocking move and then — perhaps — hired over the weekend by Microsoft (NASDAQ:MSFT) alongside, Greg Brockman, another co-founder of the…

US DOLLAR, EUR/USD KEY POINTS POST FOMC MINUTES:MOST READ: Crypto Forecast: Will Bitcoin Have What it Takes to Break the $38k Mark?The US Federal Reserve released the minutes of the November FOMC meeting a short while ago with no real surprises and a rather subdued market reaction. This shouldn’t come as a surprise given the data and the reaction market participants since then with the recent US Inflation print in particular facilitating a broad sell off in the US Dollar.Elevate your trading skills and gain a competitive edge. Get your hands on theUS DollarQ4 outlook today for exclusive insights into…

We’re getting a parade of flash business surveys from the Euro area on Thursday! This event tends to be a euro mover so you better pay attention to what the markets are expecting and how they may influence short-term price action before working on any euro plays! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link

Former executives from Revolut, Coinbase (NASDAQ:), and Spotify (NYSE:) have unveiled Zeal, a new digital wallet aimed at streamlining financial operations within the cryptocurrency space and web3 applications. Led by Hannes Graah, Zeal is crafted to overcome the limitations of existing digital wallets by incorporating advanced security features to safeguard users against fraud and providing free USDC transactions from Polygon to banks. Although currently available on an invite-only basis, Zeal is gearing up for a public launch in early 2024. The digital wallet space, which includes competitors like Binance’s wallet and Metamask’s Blockade collaboration, has a new entrant that stands…