BOC is widely expected to leave its overnight rate at the effective lower bound of 0.25% in January. The size of asset purchases will also stay unchanged at CAD4B/week. Over the past month, there has been market speculations about the possibility of a micro rate cut since November. While such a move is unlikely at
Gold is likely to open the week with intense selling pressure under the 200-day SMA. XAU/USD continues to struggle as the US dollar strengthens, downside eyes $1,800. Gold has retraced significantly after topping out at a nine-year high above $2,000 in August 2020. Recovery from the downtrend has proved to be an uphill battle for
Guide Channel and provide the tools and trade forex systems, binary option. Keeping the channels of the financial news and gather the knowledge related to financial investors have good knowledge and grasp of kip in the trade. All episodes of channel systems and tools to trader can download about to develop the trade of himself.
Every day, over 5 trillion dollars is traded on the Forex Market, making it one of the most exciting, fast-paced markets to trade. Whether you are completely new to Forex or you have recently started trading Forex, it’s important you truly understand the basics. Andrew Lockwood has been trading for over 30 years. He started out
🔴JOIN THE ELITE COURSE: https://bit.ly/34hw0rQ 🔥FOREX SIGNALS: https://bit.ly/396JRUu 🔥BROKER I USE: https://bit.ly/3nZI1Jm Want to learn the best & easy to follow Crypto Bitcoin BTCUSD Forex trading strategy . In this video it will teach you basic Market Strutuce , Price Action, And most importianly ways to make money using easy to follow strategies . I
Support at 0.88603 to 0.8878. Low in EURUSD moved to 0.88649 today. The EURGBP bounced off key support for the 2nd consecutive day. Looking at the daily chart, the 0.88603 to 0.8878 area is home to a number of swing levels going back to April 2020. Yesterday, the low price reached 0.88688 and bounced. Today the low price reached 0.88649 and
GBP narrowly beats out JPY and USD It was a tight race at the top of the FX charts this week that grew much tighter after today’s drop in cable. Yet sterling has managed to hang onto its title, at least so far. It’s a few pips higher on the week versus the yen and
Similar to 2017 and the popular cryptocurrency bull run, last year created a fresh buzz in the world of crypto and Bitcoin (BTC) particularly. From setting new all-time highs to making various news rounds and capturing mainstream finance’s attention, the pandemic year was exciting for cryptocurrency enthusiasts and believers. Related: Did Bitcoin prove itself to
Gold futures market suffered for another week as the US dollar gained. XAU/USD might revisit $1,800 if the short term support at $1,820 fails to hold in the coming week. Gold experienced intense selling pressure in the concluded trading week. The precious metal was not able to pick up momentum following the consistent growth of
Down $1.21 or -2.26% The price of the February WTI crude oil futures is settling at $52.36. That is down -$1.21 or -2.26%. The high price reached $53.83 the low price extended to $51.83. Looking at the hourly chart, the fall today took the price back below its 100 hour moving average of $52.91, and closer
Media reports on moves from the European Union to lay out plans to limit its reliance on the USD Citing a draft policy paper from the European Commission that will be adopted on January 19. The paper points to the EU’s vulnerability to US sanctions and to financial risks. Measures proposed include tighter controls on
Gold prices gained Rs 286 to Rs 48,690 per 10 gram in the national capital on Friday following recovery in international price of the precious metal and rupee depreciation, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 48,404 per 10 gram. Silver prices also jumped Rs 558 to
Sterling ended the week as the best performing one. But the late selloff, and rejection by resistance against Dollar and Yen, suggest that the latter too were in the driving seat. Weakness was apparently see in Euro, New Zealand Dollar, and to a lesser extent Australian. Dollar could be further building up the case for
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters Wells Fargo released on Friday mixed results for the fourth quarter of 2020, sending the bank’s stock lower. Here’s how the numbers compared to Wall Street expectations: Earnings: 64 per share vs. Refinitiv estimate of 60
USD has been strongly supported on what has shaped up to be a very much risk-off Friday. DXY has broken above a key downtrend and eyes a move towards 91.00. USD has been strongly supported on what has shaped up to be a very much risk off final trading day of the week. Most G10/USD
👇 SUBSCRIBE TO MY NEW FOREXVISIT CRYPTO YOUTUBE CHANNEL NOW 👇 https://www.youtube.com/channel/UCbH1vfRbZEbsBNkm8tv6Q-g 👇 SUBSCRIBE TO FOREXVISIT YOUTUBE CHANNEL NOW 👇 https://www.youtube.com/c/ForexVisit If you want more Actionable Forex Premium Strategies, Go to:- https://forexvisit.com/courses/a-to-z-advance-price-action-course/ For Premium Signals- https://forexvisit.com/go-premium/ Visit- https://forexvisit.com Recommended Low Spread Forex Brokers:- 1- https://www.exness.com/a/nxs7yn4aac 2- https://www.icmarkets.com/?camp=16011 3- https://www.forextime.com/?partner_id=4804682 Chapters 0:00 Forex Visit Intro 0:41
30 year forex pro, Andrew Lockwood from Forex Signals, reveals his simple price action trading strategy: the Naked Trading Strategy. The Naked Trading Strategy is an incredibly simple forex strategy that requires no technical indicators at all. It is a price action strategy that relies on trend reversal. Every type of forex trader, from beginner