NZD/USD Forex Technical Analysis – Lower for Year, Trading on Bearish Side of Retracement Zone at .6726 to .6767


The New Zealand Dollar finished slightly higher on Friday. The range was tight and volume was well-below average ahead of the long Easter holiday week-end. New Zealand and the United States were ...

Forex Trading: BCOUSD Is Trending Upwards, and This May Continue


In case the Bulls maintain or increase their pressure, BCOUSD price will reach $79 price level. Should there be a price retest and the Bears defend the $70 level then, there may be a declination ...

Why Using Leverage is Popular in Forex Trading


Trading the forex markets is attractive for several reasons and one of the most important features is leverage. Investors love the idea that they can borrow capital to enhance their returns, at levels ...

Libertex launches new trading asset Lyft


CySEC licensed online trading platform Libertex has announced that it has just launched a new CFD for shares of Lyft Inc. (NASDAQ:LYFT). Lyft has recently raised 24,3 bln USD following its blockbuster ...

Elite Fx Trading extraordinaire Opens New Academy for Aspiring Forex and Financial Traders


Forex trading millionaire Nirav Shah, an expert amongst the banking elite, has launched a new academy course for aspiring Forex or financial traders seeking to learn the secrets of his success and ...

Forex Today: CAD rallies in sync with Oil amid Easter Monday sleep mode trading


Forex today continued to witness holiday-thinned trading in Asia, as financial markets in Australia, Hong Kong and many major European economies remain closed this Easter Monday. Amid light trading, ...

Why Use Forex Trading Platform – and How


There are plenty of opportunities in the forex market. However, to succeed, you need to make the right trade moves, fast. To do this, you need to keep abreast of the latest news all the time, ...

Weekly Trading Forecast: Liquidity Fills Back Out to US GDP, BOJ and BOC Rate Decisions


I'd like to receive information from DailyFX and IG about trading opportunities and their products and ... Meanwhile, the Nikkei looks to a rate decision from the Bank of Japan. DailyFX provides forex ...

Best Practices that Maintain and Restore Mental Energy for Trading


In an active forex market, traders need to be at their best state of mind. With different trading activities to accomplish, mental stamina is key to producing the excellent results. From strategizing ...

FOREX-Dollar lower in holiday-thin trade, oil drives loonie, rouble gains


NEW YORK, April 22 (Reuters) - The dollar was little changed against a basket of currencies in thin holiday-impacted trading on Monday, while a jump in the price of oil on news that Washington will ...

Forex Trading: XPTUSD Is Trending Upwards, and This May Continue


The Bulls have pushed the price to break up the $833 level and reached $900 level. Last week candle closed bullishly to indicate that the Bulls will break up the $900 level and targets $962.

Read full article on forex trading

Comments

Post a Comment

Popular posts from this blog

Mugenda: How I landed into forex trading

Image
Mr. Paul Mugenda, a forex trader based in Nairobi (PHOTO: Courtesy) The need to cope with the rising living standards has led many Kenyans into different creative ways of making an extra coin to take ... Canadian regulator summons RBC, TD Bank over forex malpractice charges Both banks failed to sufficiently supervise and control their forex trading businesses from 2011 to 2013, the province says in its statements of allegations. Furthermore, certain compliance ... Forex Daily Recap – 38.2% Fibo Level Stopped the Ninja Bulls amid G7 Summit On the economic calendar, the German IFO data releases grabbed market attention in the Asian trading session. Nonetheless, the IFO data reported adverse data, allowing the bears to take control over ... Indispensable Forex Trading Application Launches For Investors, Seeks Marketing Partners With FxTrendSignals, international investors can instantly track market prices in real-time by set price alarms, viewing economic calendars, and monito...
Read more

FOREX-Dollar holds steady on reduced bets on steep U.S. rate cut

Image
In late U.S. trading, the dollar was up 0.57% at 107.790 yen , while the euro was 0.58% higher at 122.585 yen . The greenback was little changed against the euro at $1.1372. The dollar index edged ... How To Structure A Trading Business For Significant Tax Savings If you actively trade securities, futures, forex or crypto, consider setting up a trading business to maximize tax benefits. With a sole proprietorship, a trader eligible for trader tax status (TTS) ... FOREX-Dollar inches higher after Fed checks aggressive easing views The scaling down in expectations for large rate cuts from the Fed also knocked gold prices by more than 1%, putting the precious metal on course for its first decline in seven trading sessions. The ... INTL FCStone Ltd Launches FX Trading App on Integral Platform the British subsidiary of INTL FCStone Inc., to launch a forex trading app built on the Integral platform. By partnering with Integral, the FCA-authorised firm is able to expand its mobile...
Read more

China's August Forex Reserves Rise to $3.1072 Trillion

Image
It is currently trading at 11-1/2 year lows. China allowed the yuan to break through the closely watched 7-per-dollar level on Aug.5 for the first time since the global financial crisis, days after ... FOREX-China stimulus boosts Aussie, kiwi; markets await U.S. jobs data The Chinese currency in the offshore market extended gains and was trading up 0.4% against the greenback at 7.1120 yuan. The Australian dollar - its fortunes closely intertwined with the Chinese ... FOREX-Dollar dips on mixed U.S. jobs data, Powell hints at rate cuts "The jobs data were sufficiently mixed," said Marc Chandler,chief market strategist at Bannockburn Global Forex LLC in NewYork ... senior marketanalyst at OANDA in New York. In late U.S. trading, an ... Forex Today: Will Non-Farm Payrolls and Powell keep markets happy? the shared currency. GBP/USD is trading around 1.2300 as opposition parties vow to prevent a no-deal Brexit before agreeing to elections. The House of Lords is set to ...
Read more