<p><strong>By <a href="http://investmacro.com/contributors/contributor-profile-forextime/">ForexTime</a> </strong></p> <div> <div> <ul> <li>EURUSD closes below 200-day SMA</li> </ul> <ul> <li>Bearish momentum building on D1 chart</li> </ul&
Blogs
ECB likely to start rate cutting in Q1: deVere CEO
<p><strong>By George Prior </strong></p> <p>The European Central Bank is likely to cut interest rates next year, which could have far-reaching consequences for investors worldwide, predicts the CEO of one of the world’s largest independent financial advisory asset management and fintech organizations.</p> <p&g
GBPUSD Short Term Forecast Follow Up And Update
<p>Hi Traders! GBPUSD short term forecast follow up and update is here. On November 15th, 2023 I shared this “GBPUSD Technical Analysis And Short Term Forecast” post in our blog. In this post, let’s do a recap of this setup and see how it has developed now. If you would like to learn more about the […]
USDCAD Bulls Are Still Waiting on the Sidelines
<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>The USDCAD daily market remains below the cover of the 1.3607 mark. Observing this market, it can be concluded that it is stagnant, perhaps due to traders anticipating market-influencing fundamentals that may soon emerge from th
Live: Understanding the Financial World to Make More Profit
Live: Understanding the Financial World to Make More Profit. In this live session I looked at how we can use the fundamentals to understand the markets better.
USD/CHF Potential Downward Movement
<p>USD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.87656, 0.88491, 0.88950 Key Support Levels: 0.87153, 0.86859, 0.86501 Daily Chart: The price on the higher time frame has been in a downtrend recently after it faced resistance at the 0.90837 level and reversed back. The pair has continued to break a few support levels which suggest
US Treasury Yields Respond to Labor Market Data and Economic Signals
The yields on US Treasury bonds hit a local minimum on Tuesday following the release of JOLTS data on job vacancies:The 10-year bond yield dropped by approximately 5 basis points after October's job vacancy data revealed a more significant decline in labor demand than expected. The number of job openings fell from 9.35 million in […]
Chart Art: Major Support Area Retest on Crude Oil?
<p>We’ve got a simple technical setup today, this time a long-term development on oil! Will the market reach a MAJOR area of support & will buyers defend it? </p>
Event Guide: U.S. Non-Farm Payrolls Report (November 2023)
<p>Ready for another NFP Friday, fellas? Here’s what you need to know about this top-tier event and how USD pairs might react.</p>