As the increase continues, the price of bitcoin (BTC) has climbed to above $50,000. Cardano (ADA) has maintained its record-breaking performance. The $3,500 level is a target for Ethereum (ETH). The cryptocurrency sector has continued to experience increases in recent weeks after adding another $100 billion to its market value over the weekend. In the rise,...
The purchasing managers' index (PMI) data was published today, and although most of the readings were lower than expected, the data shows that the economic recovery continued at its amazing speed in August, according to the figures. To begin, the manufacturing index in France came in at 57.3, as expected by analysts (down from 58), while the services index came in...
Because of expectations that the Federal Reserve would end its quantitative easing strategy sooner than expected, the United States Dollar has achieved fresh all-time highs in recent weeks. Chair of the Federal Reserve Jerome Powell will make a speech titled "The Economic Outlook" at a lecture named "The Economic Outlook" at Jackson Hole, Wyoming, on Friday,...
Trading analysts think that the Federal Reserve will stop its quantitative easing program sooner than originally expected, prompting traders to raise the value of the United States dollar to fresh all-time highs. Powell will give a lecture titled "The Economic Outlook" in Jackson Hole, Wyoming, on Friday, August 27, at 10 a.m. EDT/14 GMT. Powell is the...
As the trading week gets underway, the EUR/USD is edging lower during the Asian trading hours. The pair is moving in a very narrow trading band and is not gaining any significant traction. At the time of writing, the EUR/USD exchange rate is trading at 1.1693, representing a 0.04 percent loss for today. EUR/USD additional level for the UR/USD exchange...
The Chicago Board Options Exchange (CBOE) developed the VIX in 1990 to serve as a benchmark for predicting future stock market volatility. It's a real-time indicator that represents market participants' volatility predictions for the following 30 days. They built the VIX index using weekly and conventional SPX index options, as well as their implied volatility...
On Thursday's trading session, bulls of the US dollar made a significant rise. The dollar gained ground versus nearly all major FX counterparts, including the Euro, the pound, the Australian dollar, and the Canadian dollar, among others. Large-scale US Dollar advances enabled the DXY Index to overcome critical resistance and fly over the 93.50-price level to set a...
Global markets have been left licking their wounds this week, as a variety of external factors have caused mood to sour somewhat following what has been an amazing run for stocks over the past several months, according to the Financial Times. Investors may be a bit perplexed as to what has been driving market sentiment in recent sessions since there is so much...
In July, the Eurozone’s annual rate of inflation picked up from 1.9% to 2.2%, which was in line with prelim figures. Month-on-month, consumer prices fell by 0.1%, following a 0.3% rise in June.The core annual rate of inflation softened from 0.9% to 0.7%, which was also in line with forecasts. According to Eurostat, The lowest annual rates were...
Although Australia’s unemployment rate unexpectedly dropped in July to a 12-year low, the drop was largely due to people falling out of the labor force as coronavirus lockdowns limited their ability to look for work.The Australian Bureau of Statistics (ABS) emphasized the data should not be viewed as a sign of strength in the labor market noting the number of...
=====🎯 TP hit===== Signal#:7, TP hit OrderType: Buy Symbol: USDJPY OpenPrice 108.934 ClosePrice 109.494 Profit: 56 PIPs (767.17 USD)
The safe-haven affinity with gold has been helping prices hold its head above key levels since the selloff two weeks prior. The FOMC minutes held last week Wednesday gave some guidance to market participants that QE tapering will resume before the end of 2021. In 2013, taper talk led to rising Treasury yields which hammered gold prices. The approach from the Fed...
DXY Raising Wedge - Parallel TL 21:03:03 (UTC) Sat Aug 21, 2021
DXY pre-open 20:48:23 (UTC) Sat Aug 21, 2021 Looking for strength up into zones of resistance for DXY to drop across the board going forward.
== == 📢 Signal#:32 🏦 OrderType: Sell 💰 OrderSize: 0.75 💱 Symbol: EURUSD 🇪🇺🇺🇸 📈 OpenPrice: 1.16726 ⏰ Expiration: -/-- 🎯 TakeProfit: 0.00000 🛑 StopLoss: 0.00000
== == 📢 Signal#:25 🏦 OrderType: Sell 💱 Symbol: EURUSD 📈 OpenPrice: 1.17752 📈 ClosePrice: 1.17551 🕓 Duration: 1 days and 12:1 13:10:27 (UTC) Sat Aug 21, 2021 == == 📢 Signal#:27 🏦 OrderType: Sell 💱 Symbol: EURUSD 📈 OpenPrice: 1.17066 📈 ClosePrice: 1.16818 🕓 Duration: 2 days and 4:37 💰 Profit: 24 PIPs (186.00 USD)
== == 📢 Signal#:25 🏦 OrderType: Sell 💰 OrderSize: 0.75 💱 Symbol: EURUSD 🇪🇺🇺🇸 📈 OpenPrice: 1.17752 ⏰ Expiration: -/-- 🎯 TakeProfit: 0.00000 🛑 StopLoss: 0.00000 Executed by SteadyTrade A.I.™ 00:55:18 (UTC) Tue Aug 17, 2021 .