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Forex

British Pound Under Pressure Following Hot Inflation Data – GBPUSD, EURGBP Setups

Posted by By 17/08/2022Posted inForex
Soaring UK inflation sees Sterling under pressure, but GBPUSD continues to hold 1.20.
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EUR/USD Deep Dive: When Will Euro Sellers Pose a Sustained Break Below Parity?

Posted by By 17/08/2022Posted inForex
EUR/USD hit parity more than a month ago. Since then, prices has held above the big figure, even as sellers have swatted down every bullish flare that's showed up since.
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US Retail Data Walmart and Target Earnings Explained In 60 Seconds

Posted by By 17/08/2022Posted inForex
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DAX 40 at Inflection Point, Retreats from Key 14000 Level

Posted by By 17/08/2022Posted inForex
The index struggled to maintain recent gains as it flirted with the key 14000 level
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USD/CAD Technical Outlook: Higher Levels Appear Likely in Near-term

Posted by By 17/08/2022Posted inForex
USD/CAD is trying to come out of a descending wedge after tagging the 200-day; levels and lines to watch in the days ahead.
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South African Rand Price Forecast: FOMC Minutes Critical for USD/ZAR

Posted by By 17/08/2022Posted inForex
USD/ZAR bulls managed to extend its rally this afternoon after better-than-expected core U.S. retail sales data supplemented an already high flying dollar.
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S&P 500 Price Forecast: Significant Zone of Resistance Appears to Halt Bull Run

Posted by By 17/08/2022Posted inForex
A significant zone of resistance appears to challenge the renewed bullish impetus from meme stock traders. Are we seeing a bear rally or new bull trend in equities?
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Contractionary Monetary Policy: What is it and How Does it Work?

Posted by By 17/08/2022Posted inForex
Contractionary monetary policy is utilized by central banks to reign in an overheating economy and surging inflation. Find out what tools are used and how they work
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4 Effective Trading Indicators Every Trader Should Know

Posted by By 17/08/2022Posted inForex
Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.
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US Dollar Awaits US Retail Sales and FOMC Minutes

Posted by By 17/08/2022Posted inForex
USD remains supported on dips. Retail Sales and FOMC Minutes in Focus
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