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…
United Kingdom S&P Global/CIPS Construction PMI came in at 57.2, above expectations (53.1) in September
2024.10.04 2024.10.04 Short-term Analysis for Oil, Gold, and EURUSD for 04.10.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continues to trade in a short-term…
Caution ahead of Friday’s U.S. NFP release may have kept overall volatility in check, but asset-specific catalysts still brought some action to the major markets. So, which headlines stole the spotlight on Thursday? Let’s break it down below: Headlines: BOJ member Asahi Noguchi favors adjusting monetary policies “at a slow pace” and pausing to assess the impact of the…
Full Story on PiQ Suite Japanese Prime Minister Shigeru Ishiba formally instructed his ministers on Friday to compile a fresh economic package to cushion the blow to households from rising living costs, as the new government makes its top priority an exit from deflation. “We would need to support people suffering from rising costs right now until a positive…
The Australian Dollar appreciates as the RBA is widely expected to maintain its hawkish policy stance in November. The commodity-linked AUD receives support from stimulus measures in China, Australia’s largest trading partner. The risk-sensitive AUD/USD pair could struggle as US President Biden stated that Israel could strike Iran’s Oil infrastructure. The Australian Dollar (AUD) gains ground due to the…
Looking for setups to trade during the U.S. NFP report release? We gotchu! In case you missed it, EUR/USD is chillin’ like a villain near a technical support level ahead of Uncle Sam’s employment updates. EUR/USD 4-hour Forex Chart by TradingView The euro is NOT having a great month so far, as rising calls for another European Central Bank…
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…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
2024.10.03 2024.10.03 US Dollar Rising on Robust US Jobs Data. Forecast as of 03.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The future trajectory of the EURUSD pair will be influenced by key economic indicators, particularly US employment statistics, and developments in the Middle East. Should the outlook for the euro prove favourable, the decline may well come to an end and even reverse….
