Author: FX

Forex market conditions have been pretty fickle these days so it’s important to learn how to adapt. However, this doesn’t mean abandoning your old forex trading plans altogether. Make sure you take a closer look at the reasons why you’re thinking of trying a new approach, and if it’s one of the four factors listed below, you should probably take a step back. 1. Boredom Let’s face it – even though the forex market never sleeps, we’re not guaranteed 24 hours of action a day. There are times when there’s little to no activity on the charts, and it can be…

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In today’s fast-paced financial markets, traders are constantly seeking tools and strategies to gain a competitive edge. The SSL MT4 Indicator, a powerful technical tool, has gained significant popularity among traders. In this article, we’ll delve into what the SSL MT4 Indicator is, how it works, and why it’s a must-have for traders looking to enhance their trading security and performance. Understanding SSL Before diving into the indicator itself, it’s essential to understand the underlying technology. SSL, or Secure Sockets Layer, is a standard security protocol used to establish encrypted links between a web server and a browser. This encryption…

Domestic sight deposits CHF 467.5 bn vs CHF 465.0 bn priorIt’s just a slight change in overall sight deposits on the week. The levels should be more stable now as the SNB has decided to move to the sidelines already in terms of monetary policy. This article was written by Justin Low at www.forexlive.com. Source link

EUR/GBP had a good week last week thanks to hawkish European Central Bank (ECB) speeches and shaky U.K. data releases. As you can see, the pair has been making higher highs and higher lows since bouncing from the .8650 area of interest last week. EUR/GBP is currently consolidating at the .8750 area, which is near today’s Pivot Point (.8740) level as well as last week’s highs. Can the pair maintain its uptrend this week? We’re taking a closer look at the 15-minute time frame: This Article Is For Premium Members Only Become a Premium member for…

Share: USD/CHF loses ground ahead of US inflation data release on Tuesday. US Dollar faces challenges despite Fed Chair Powell’s hawkish tone at IMF event. Swiss Franc could receive upward support as SNB is expected to increase by a 25 basis points hike in the December meeting. USD/CHF extends losses for the second successive session, trading lower near 0.9010 during the early European hours on Monday. The USD/CHF pair grapples with challenges, seemingly unaffected by the hawkish remarks from Federal Reserve (Fed) Chair Jerome Powell at the International Monetary Fund (IMF) event on Thursday. Powell stated that current…

Taiwan Semiconductor's October net revenue jumps 34.8% sequentially Source link

© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Brigid Riley TOKYO (Reuters) – The dollar was steady on Monday as traders awaited another batch of inflation data from the United States that is expected to offer further clues this week on whether the Federal Reserve has more work to do to tame price pressures. The Japanese yen remained vulnerable, hovering not far from a one-year low against the greenback as markets remained on watch for possible intervention by Tokyo. The focus…

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 7.2850PBOC injects 113bn via 7-day RR, sets rate at an unchanged 1.8%18bn yuan of RRs mature todaythus a net 95bn yuan injection on the day in Open Market Operations (OMOs) Source link

In the fast-paced world of financial markets, traders are constantly seeking an edge to make informed decisions and maximize profits. One such tool that has gained popularity among traders is the Supertrend MT5 Indicator. In this article, we will explore what the Supertrend MT5 Indicator is, how it works, and why it is considered an essential tool for technical analysis in trading. So, let’s dive into the world of Supertrend! Understanding Technical Indicators Before we delve into the specifics of the Supertrend MT5 Indicator, let’s first understand the significance of technical indicators in the world of trading. Technical indicators are…