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CedarFX Review 2024 – Expert Trader Insights

Forex

<p>CedarFX Review             OPEN AN ACCOUNT             Trading Forex has become a dynamic and crucial part of the financial world. For traders, the choice of a Forex broker is a decisive factor in their journey. It’s not just about finding a platform to execute trades; it’s about partnering with an entity that aligns with your

US, China, Others: The Trade Balance Week

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2024/01/09124105/US-China-Others-The-Trade-Balance-Week.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="US-China-Others-The-Trade-Balance-Week" decoding="async"

USDCHF H4 | Bullish bounce

Forex

TitleUSDCHF H4 | Bullish bounceTypeBullish BouncePreference:The price could pull back to the pivot at 0.84541, the overlap support before bouncing off and rising to the 1st resistance level at 0.85777, the pullback resistance.Alternative scenario:USDCHF could break out of the pivot point at 0.84541, and fall to the 1st support level at 0.83514, the

GBPUSD H4 | Potential bullish breakout

Forex

TitleGBPUSD H4 | Potential bullish breakoutTypeBullish BreakoutPreference:GBPUSD could rise and break out of the pivot at 1.27616, the pullback resistance, the price could continue to rise to the 1st resistance at 1.28273, the swing-high resistance level.Alternative scenario:The price could pullback from the pivot at 1.27616, and reverse to the 1st

USDJPY H4 | Bearish reversal

Forex

TitleUSDJPY H4 | Bearish reversalTypeBearish ReversalPreference:USDJPY could rise to the pivot at 144.563, the pullback resistance before reversing off to the 1st support at 141.845, the overlap support.Alternative scenario:The price could rise and break the pivot point at 144.563, and rise to the 1st resistance level at 146.48, the overlap resista

EURGBP H4 | Bouncing off Fibo level

Forex

TitleEURGBP H4 | Bouncing off Fibo levelTypeBullish BouncePreference:EURGBP is bouncing off the pivot point at 0.85884, the pullback support that aligns with the 78.6% Fibonacci level. The price could continue to rise to 1st resistance at 0.8647, the overlap resistance level.Alternative scenario:The price could pull back and break through the pivot

Daily Market Outlook, January 9, 2024

Forex

Daily Market Outlook, January 9, 2024Munnelly’s Market Minute…“Snapback In Risk Sentiment”Stocks in Asia traded higher, taking cues from the positive performance of Wall Street. The tech sector stood out, driven by a growing appetite for risk in a low-yield environment and a decline in oil prices. Fedspeak contributed to positive sentiment as Gover

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