The performance of the British pound against other majors has grabbed a lot of attention during the last couple of weeks.
Tag - inflation
Every trader knows that economic data have a great impact on the Forex market.
This week will bring us many interesting events for traders: inflation reports from the UK, Canada, and also PMI reports from the EU, UK, and the US. It will affect almost the entire Forex market. Watch the video to get fresh trade ideas for the week ahead!
Watch the video to get fresh trading ideas!
EUR/USD and other major pairs have been recovering losses, while the main focus of today remains on the US CPI and the FOMC Meeting Minutes…
GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.
This week is going to be interesting for traders as the economic calendar is full of impactful events: US Inflation Rate, New Zealand’s GDP growth, and many more! Watch the video to get fresh trade ideas!
Daily Chart 4H Chart Gold managed to post further gains at the end of last week's trading amid fears of Covid19-Delta variant, in addition to the Federal Reserve's remarks about QE tapering…
After multiple hawkish remarks over the past few days from non-voters members, the Federal Reserve chairman Powell surprised the markets with some dovish remarks…
Daily Chart 4H Chart Gold began the week higher breaking multiple resistance areas, including 1780 followed by 1800 and closed yesterday's trading above 1800 for the first time since the flash crash that happened few weeks ago…
Gold Daily Chart Throughout last week’s trading, gold traded within a tight range, but it also managed to hold well above its 1775 support area until the end of the week, while the technical indicators has improved over the past few days, including…
Daily Chart The US Dollar soared higher since the beginning of the Asian session until this report is released…