MtazzKhan
Fed policymakers dampen hopes of March rate cut
During its regular meeting on January 30-31, the US Federal Open Market Committee (FOMC) announced its decision to maintain the current key policy interest rates. Starting in March 2021, the Federal Reserve began increasing rates to mitigate the highest inflation rates witnessed in four decades. Thi
SEC Sets December 29 Deadline for Spot Bitcoin ETF Filing Amendments
According to reports, the U.S. Securities and Exchange Commission (SEC) has set a deadline of December 29, 2023, for spot Bitcoin exchange-traded fund (ETF) applicants to submit final documents. The agency met with representatives from at least seven companies interested in gaining approval for a sp
7 Things We Wish Someone Had Told Us Before We Started Trading
Embarking on a journey in the financial world requires an open mind and a commitment to continuous learning. For inexperienced traders, navigating the market can be challenging. With that in mind, here are seven things we wish we had known before diving into trading: 1.Becoming a millionaire is poss
GBPJPY Bullish momentum fading, watch out for sell opportunities
The bullish momentum in GBP/JPY is fading. From the chart, you can see that the price action in the highlighted zone is quite bearish as we have multiple bearish daily candles. So, I would recommend traders to keep an eye on potential sell entries between 174.40-175 with SL above the zone and TP at
GBP/USD Trade Breakdown
4H,1H & 15min Bullish Market Structure. Price formed a 1H Support on Key Level 1.23000 and 4 consecutive Bullish break and retests on 15min trendline. Above weekly pivot level, 1h and 5min Moving Averages, as well as 5min Algo Strong Buy. Daily, 4H and 1H Candles flipped Bullish. Entry taken aft
Sell on EURUSD
The price is within the range of weekly supply with a monthly decreasing trend. Neroli trend is still standing.. The weekly supply range has reacted once and the daily trend is up... The specified daily supply range is not very valid, but the specified 4-hour and 30-minute ranges are new... Also, th
GBPUSD - Bearish Crab retest
A great shorting opportunity for me. I love to engage the crab pattern although to most traders they shy away from it. There's a retest on this and is great to see a RSI Divergence on this bearish crab . One of the combo I love to see is a completion of harmonic patterns within supply zone or demand
Does the USDCAD have more upside potential?
Canada's inflation rate rose by 0.7% in June to a 39-year high of 8.1%. After its July meeting, the Bank of Canada raised rates by 100 basis points and is expected to tighten its monetary policy even further. BOC's aggressive monetary policy may be a positive sign for the USDCAD to move further to t
5 Things to consider before trading Forex
Really like the concept of Forex trading? Wanting to invest in this market? Wait, we got you right! Here are a few major points one should consider before trading Forex. A glimpse through this article, and you’ll be hands–on with how to go about it. Check off your Financial Goals first Forex trading
Best Forex Broker in USA 2022: Top US Forex Brokers List
The foreign exchange market, also known as the Forex market or the FX market, is also one of the global markets that witnesses a trading volume of almost $6.6 trillion every day. Foreign exchange refers to exchanging one currency trading with another for different reasons that include tourism, inter
Can Forex Trading Be Considered a Business?
For some, Forex trading is actually a full time business – and one that can truly make someone rich. Basically, if you’re trading with the best forex brokers and manage your risks and your capital properly, you can make a true business out of Forex trading. One of the main and most important argumen
Rupee declines 26 paise to 76.10 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 76.08 against the US dollar, then slipped further to 76.10, registering a decline of 26 paise from the last close. The rupee declined 26 paise to 76.10 against the US dollar in opening trade on Monday, following its Asian peers after crude oil p
Pull-up Update