Author: FX
So, you’ve subscribed to premium signal providers and top-tier trading newsletters. Your chart lights up with trade setups from every corner of the forex universe. Yet, instead of cashing in on pips, your account balance keeps shrinking. Frustrating, isn’t it? 🫤 If this sounds familiar, the problem might not be the signals themselves—but you and the way you’re processing them. Here are possible reasons why you’re still not making pips: 1. Timing is everything but signals can lag Markets move fast—like, blink-and-it’s-gone fast. By the time a signal lands in your inbox or chat group, the “prime” entry may already…
Exploration company Salazar Resources (TSXV:SRL:CA) (OTCQB:SRLZF) announced a non-brokered private placement financing of up to 25M shares at $0.07 per share to raise up to $1.75M. Certain insiders are expected to participate in the financing. The proceeds will be used for working capital, tenure payments, including tenure payments on recently acquired properties and exploration. Source: Press Release More on Salazar Resources Limited Source link
By Nidal al-Mughrabi CAIRO (Reuters) – Israeli troops forced the evacuation of the Indonesian Hospital in northern Gaza and many patients, some of them on foot, arrived at another hospital miles away in Gaza City, the territory’s health ministry said on Tuesday. The Indonesian Hospital is one of the Gaza Strip’s few still partially functioning hospitals, on its northern edge, an area that has been under intense Israeli military pressure for nearly three months. Israel says its operation around the three northern Gaza communities surrounding the hospital – Beit Lahiya, Beit Hanoun and Jabalia – is targeting Hamas militants. Palestinians…
Pound Sterling consolidates against USD in holiday-curtailed week The Pound Sterling (GBP) trades sideways above the psychological support of 1.2500 against the US Dollar (USD) in Tuesday’s London session. The GBP/USD pair consolidates as trading volume is low amid a holiday-shortened week due to Christmas Eve and Boxing Day on Wednesday and Thursday, respectively. The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, also trades sideways around 108.15. Read more… GBP/USD Forecast: Pound Sterling stays directionless below 1.2550 GBP/USD moves sideways in a tight range below 1.2550 in the European morning on Tuesday after posting…
Toll Brothers, Inc., (TOL) designs, builds, markets, sells & arranges finance for the range of detached & attached homes in Luxury residential communities in the United States. It also owns & operates architectural, engineering, mortgage, title, land development, insurance, smart home technology, landscaping, lumber distribution, house component assembly & manufacturing operations. It comes under Consumer Cyclical sector & trades as “TOL” ticker at NYSE. As discussed in previous article, TOL favored upside in ((5)) from July-2024 low, which ended at $169.52 high. Below there, it favors corrective pullback in IV against October-2022 low before rally resumes in V of (III). TOL…
AUD/USD falls to near 0.6230 as the RBA opens doors for interest rate cuts. Fed’s fewer interest rate cut guidance has kept the US Dollar on the frontfoot. The declining 20-week EMA suggests that the broader outlook of the Aussie pair is bearish. The AUD/USD pair drops to near 0.6230 in Tuesday’s European session. The Aussie pair falls as the Reserve Bank of Australia (RBA) monetary policy minutes for the policy meeting that happened on December 10 appeared as slightly dovish, which has weighed on the Australian Dollar (AUD. The minutes showed that RBA policymakers have become confident that price…
In today’s article, we’ll examine the recent performance of Bank of America Corp. ($BAC) through the lens of Elliott Wave Theory. We’ll review how the rally from the August 05, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC correction $BAC four-hour Elliott Wave chart 12.19.2024 In the 4-hour Elliott Wave count from December 19, 2024, we see that $BAC completed a 5-wave impulsive cycle beginning on August 05, 2024, and ending on November 29, 2024, at the black ((3)). As expected, this initial…
Silver price falls to near $29.50 amid firm US Treasury yields. US bond yields trade near more than a six-month high as the Fed guided fewer rate cuts in 2025. Silver price remains broadly weak amid a breakdown of the upward-sloping trendline. Silver price (XAG/USD) falls to near $29.30 in Tuesday’s European session, though it remains inside Monday’s trading range amid thin trading volume due to holidays on Wednesday and Thursday on account of Christmas Eve and Thanksgiving Day. The white metal is broadly under pressure as the Federal Reserve (Fed) has guided a moderate hawkish stance on the monetary…
EUR/GBP monthly chartFor the longest of time now, the pair has been caught within a 1,000 pips range over the last eight years. And that’s just the extremes in certain years. Most of the time, the pair has nestled within a much tighter range during this period. But with the over 4% decline this year, there is a chance for sellers to finally break the mould.The pair is once again running into a test of the 0.8300 handle and has been testing waters below that in December trading. The last real attempt to break below that came back in 2022…
GBP/JPY consolidates in a range on Tuesday amid mixed fundamental cues. The BoJ rate hike uncertainty undermines the JPY and supports spot prices. The BoE’s dovish stance keeps the GBP bulls on the defensive and caps gains. Intervention fears should further contribute to keeping a lid on the cross. The GBP/JPY cross struggles for a firm intraday direction and oscillates in a narrow trading band, below the 197.00 round-figure mark through the first half of the European session on Tuesday. Moreover, the mixed fundamental backdrop warrants caution before positioning for the near-term trajectory amid mixed fundamental backdrop and thin trading…