Author: FX
AMD Stock before NVDA’s quarterly earnings event this week: After the failed breakoutAfter AMD’s attempt at breaking out from a potential bull flag on the daily chart failed, two key paths are under observation. It’s crucial to emphasize that this is not a forecast or a trading plan but rather an analytical perspective on possible market behavior. The buyTheDip strategy was previously outlined, where two out of three buy orders have already been executed, with the possibility of the third still pending.Is AMD Stock a Buy Right Now?The chart presents two possible paths for AMD’s price action:AMD daily chart with…
China announces rural revitalisation plans in annual policy blueprint Source link
Do you struggle to guess where prices will go in forex trading? Many traders do. The ups and downs of currency pairs can lead to missed chances and big losses. But, there’s a way to know more: support and resistance levels. These key spots in the market give us clues about when prices might change or keep going. By learning about support and resistance, traders can find the best times to buy or sell. They can also manage risks better and make smarter choices. Let’s explore how these concepts can change your trading game. Key Takeaways Support and resistance levels…
China accuses Australia of 'hyping' Chinese naval drills Source link
Are you having trouble making money in forex trading? It might not be your strategy that’s the issue. Many traders forget how important forex trading psychology is for success. Losing money over and over can make you make bad choices, which hurts your results even more. But there’s a way to change this. By getting a winning mindset, you can make your trading better. This can help you do your best in the forex market. Research shows that a positive mindset can make trading 46% better. This big difference shows how key mental preparation is. By working on your mental…
Forex trading can be a wild ride. With daily trading volumes at $7.5 trillion, the chance for profit is big. But so are the risks. Many traders lose their money fast, thanks to bad forex risk management. Imagine losing 2% on each trade. After 50 bad trades, your $5,000 account is gone. It’s a scary thought. But there’s a way to protect your money. By learning how to manage risks, you can trade with confidence. Let’s explore the strategies to keep your forex journey safe. Key Takeaways Forex market volume reaches $7.5 trillion daily. 2% risk per trade allows for…
Five of Chile's stolen children take off to reunite with birth families Source link
UPCOMING EVENTS:Monday: German IFO.Tuesday: US Consumer Confidence.Wednesday: Australia Monthly CPI.Thursday: Switzerland Q4 GDP, US Durable Goods Orders, US Q4 GDP (2nd estimate), US Jobless Claims.Friday: Tokyo CPI, France CPI, Germany CPI, Canada GDP, US PCE.TuesdayThe US Consumer Confidence is expected at 103.0 vs. 104.1 prior. The last report showed Consumer Confidence dropping for the second consecutive month although it remained in the range created since 2022.Dana M. Peterson, Chief Economist at The Conference Board said: “all five components of the Index deteriorated but consumers’ assessments of the present situation experienced the largest decline. Notably, views of current labour market conditions…
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 invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
In UN duel with Europe, US wants Security Council vote first on Ukraine Source link