Author: FX
Gratomic (OTCPK:CBULF) announced the appointment of Hermanus Manuel Silver, “Manie,” to the board of directors and the position of COO. Currently, MineManager and Head of Namibian Operations, he will continue those roles. The company announced the departure of Executive Chair Bruno Baillavoine for Source link
Strategy: Flip 55 The Flip 55 is a trend-following strategy. This straight forward approach utilizes 2 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be applied to timeframes lower than H1, optimal results are typically achieved within the H1, H4, and Daily timeframes. Trade Details Currently, the Flip 55 strategy has identified a trading opportunity on the AUD/USD pair within the H4 timeframe. I’ve shared a trade setup image for…
MOSCOW (Reuters) – President Vladimir Putin said Russia had struck Ukraine with a new hypersonic medium-range ballistic missile in response to Kyiv’s use of U.S. and British missiles against Russia. What is the “Oreshnik” (Hazel tree)? WHAT DID PUTIN SAY? Putin said on Thursday that the Ukraine war was escalating towards a global conflict after the United States and Britain allowed Ukraine to strike deeper into Russia with their missiles, and warned the West that Moscow could strike back. In direct response to Ukraine’s use of U.S. and British missiles on Nov. 21, he said Russia had launched an “Oreshnik”,…
Is EUR/NZD in for a major trend reversal soon? I’m seeing a head and shoulders pattern on the 4-hour chart, with price currently testing the neckline support. Better not miss a potential breakdown if it happens! EUR/NZD 4-hour Forex Chart by TradingView Dovish ECB rhetoric has been dragging the shared currency lower against most of its counterparts over the past few weeks, bringing EUR/NZD down to test its head and shoulders neckline support. However, risk aversion stemming from the Russia-Ukraine conflict has also kept the higher-yielding Kiwi’s gains in check. Can the upcoming eurozone PMI releases turn the spotlight back…
While gold seems to have resumed its rally, silver is still struggling to attract buyers during its ongoing pullback. Could it be in for a reversal soon? Better keep your eyes peeled for reversal candlesticks around these nearby inflection points: Silver (XAG/USD) 4-hour Forex Chart by TradingView Profit-taking off earlier safe-haven plays forced silver to retreat from its latest highs near R1 ($34.98) down to the 50% Fibonacci retracement level near S1 ($30.23) and the 100 SMA dynamic inflection point. Its fellow precious metal, gold, has already been able to bounce thanks to safe-haven flows spurred by worsening geopolitical tensions…
The dollar held a bit more of a mixed mood since trading yesterday with EUR/USD falling to its lowest levels since October 2023, breaking below 1.0500, but USD/JPY eased further as it dipped back under the 155.00 mark. It is making for a trickier end to the week with broader markets also rallying for the most part.Equities pushed up yesterday but largely to small caps with the S&P 500 ending up 0.5% but the Nasdaq was flat. Meanwhile, gold and oil are also both catching bids this week with geopolitical tensions arguably part of the mix. Besides that, we have…
Gold price scales higher for the fifth straight day and touches a nearly two-week high on Friday. The worsening Russia-Ukraine conflict continues to drive haven flows toward the XAU/USD. Bets for a less dovish Fed, elevated US bond yields, bullish USD does little to hinder the move up. Gold price (XAU/USD) prolongs its uptrend for the fifth consecutive day on Friday and climbs to a nearly two-week top, around the $2,690-2,691 area during the Asian session. Intensifying Russia-Ukraine tensions force investors to take refuge in traditional safe-haven assets and turn out to be a key factor underpinning the precious metal.…
Geopolitical tensions between Russia and Ukraine were still front and center, driving safe-haven assets higher for yet another day. Bitcoin struck fresh record highs yet again, partly driven by increased ETF interest, while gold also found itself in positive territory. Here are the latest updates that drove price action and how financial markets fared. Headlines: New Zealand credit card spending recovered 0.3% y/y in Oct vs. previous 3.1% slump Bank of Japan Governor Ueda discussed the need to incorporate new U.S. administration policies into Japan’s economic outlook but refrained to comment on short-term FX movements. Russian President Vladimir Putin announced…
Robert L. Reffkin, Chairman and CEO of Compass, Inc. (NYSE:COMP), recently sold a significant portion of his holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Reffkin sold 653,444 shares of Class A Common Stock on November 19, 2024. The shares were sold at a weighted average price of $6.2011, resulting in a total transaction value of approximately $4.05 million. The sales were conducted as part of an automatic trading plan under Rule 10b5-1, which Reffkin adopted on May 10, 2024. Following this transaction, Reffkin holds 7,828,116 shares indirectly through various trusts and…
The world of forex trading can feel like a whirlwind of charts, indicators, and complex strategies. For those seeking an edge in navigating this dynamic market, the NeuroImpulse MT4 Indicator has emerged as a intriguing tool. But what exactly is it, and can it truly help you become a more successful trader? Buckle up, because we’re about to embark on a deep dive into the NeuroImpulse MT4 Indicator, exploring its functionalities, interpreting its signals, and ultimately, determining if it deserves a spot in your trading arsenal. Demystifying the NeuroImpulse MT4 Indicator Let’s start by getting acquainted with the NeuroImpulse MT4…