The broad-based selling pressure surrounding the USD caused the USD/JPY pair to break below the 110 mark on Thursday. As of writing, the pair was eras
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Gold Price Analysis: XAU/USD grinds up, trades in 9-day’s highs near $1630/oz
After a sharp drop in early March, gold is reversing up sharply as this Monday the Fed announced its largest stimulus scheme ever to counter the coronavirus cr
US Dollar Index tumbles to weekly lows near 99.80
The greenback, in terms of the US Dollar Index (DXY), is posting losses for yet another session on Thursday, this time breaking below the triple-digit
A Complete Guide to Volume Price Analysis – By Anna Coulling
<p>2013, 195 pages, by Anna Coulling.</p> <p>This book has its value for those who are in the search of comprehend the relation of Price and Volume. The writing style is a little bit boring with huge paragraphs and confusing and repetitive explanations, it seems like a literary book instead of a technical one.</p> <p>S
NeoWave theory. Part 4. Retracement rule 2
The NeoWave theory by Glenn Neely. The second rule of retracement proportions and the conditions to apply retracement rule 2 Dear friends! We continue studying the rules of retracement based on the NeoWave theory (based on the famous book by Glenn Neely Mastering Elliott Wave). In the previous article, I provided a table of rule […]
A Morgan Stanley Platform Faced Outage Due to Technical Issues
The US bank’s platform that caters to its wealth-management clients broke down afternoon.
Dollar eases further as Powell says that Fed still has room for more action
The greenback eases to session lows on the day ForexLive USD/JPY has fallen to a low of 109.73 but notably, the dollar has fallen considerably against risk currencies as the aussie, kiwi and loonie push higher against the greenback.
AUD/USD struggle amid softer risk mood; buyers still eyeing firm break of 0.6000
AUD/USD is sitting near flat levels on the day currently ForexLive The pair struggled to keep a firm break above 0.6000 yesterday, as price fell back under the figure level and back towards the key hourly moving averages at the close.
China president Xi Jinping: Virus control situation continues to improve
Comments by China president, Xi Jinping – Will adjust work focus and measures in accordance with changes in economic situation and virus control domestically and abroad ForexLive