ForexTraders
He liked
Website
He liked
He liked
USD/CAD falls to near 1.4150 as BoC signals a gradual approach to future rate cuts
USD/CAD depreciates as BoC Governor Macklem indicates a more gradual approach to policy outlook if the economy evolves broadly. Broader market sentiment remains steady after the US inflation figures aligned with market expectations. Traders await US November Producer Price Index data due on Thursday
He liked
Gold Surges Toward Key Breakout
#XAU/USD# Gold prices continue their upward trend, currently trading near $2,702 after a significant rally. The 4-hour chart reveals a strong bullish structure, with the price breaking out of a consolidation zone between $2,666 and $2,651. Key Observations: Gold has reached the 0.618 F
He liked
He liked
Week ahead: Three things to watch
At the start of a new week, geopolitics, economic data, an ECB meeting, and the stock market rally in the US are all in focus. Political risk has risen once again, with the demise of President Assad in Syria. He has been overthrow, which is a blow to President Putin’s prestige, according to the BBC.
He liked
AUDCHF: Mixed Fundamentals - BEARISH BIAS in 1st half of Dec24
#AUD/CHF# ABOUT GLOBAL LEI and GDP 1. During H2 of 2024, the Global LEI and GDP are INCREASING. 2. The AUD and CHF pair was picked because their LEIs and GDP trends are moving in opposite direction. 3. Good Golbal GDP would means we are in RISK-ON situation, so it is good for AUD. AUDC
He liked
Chair Powell is appearing in a moderated discussion later today
Markets Yesterday’s shock decision by South Korean president Yoon of the conservative People Power Party to declare martial law spiced up an otherwise uneventful trading session. Yoon backtracked after parliament voted unanimously against. The opposition, which holds a majority, moved to impeach Yoo
He liked
He liked
King Dollar lifted by Trump threats while French PM barnier has last ditch budget attempt
EU Mid-Market Update: King dollar lifted by Trump threats while French PM Barnier has last ditch budget attempt to avoid no-confidence vote; European PMIs revised lower. Notes/observations - Strong start to the week for US dollar after Pres-Elect Trump demands BRICS nations commit to US dollar as gl
He liked
GDP structure releases across the region
This week begins with November's PMI releases for several CEE countries. The Economic Sentiment Indicator published last week suggests a slowdown in economic activity at the end of 2024. Furthermore, the GDP breakdown for 3Q24 will be known for all CEE countries by the end of the week. Serbia will b
He liked
XAU/USD Multi-Timeframe Comprehensive Analysis (Signature Precis
#XAU/USD# XAU/USD Multi-Timeframe Comprehensive Analysis (Signature Precision) Current Price: $2,650.06 EMA-21: $2,656.35 (Detached by ~$6.3) SMA-50: $2,653.50 (Detached by ~$3.4) This comprehensive breakdown integrates calibrated trade setups, multi-timeframe confluence, and breakout/
He liked
Pull-up Update
