4 Global Market Updates- 18 August, 2022
In this article, we have covered the highlights of global market news about the EUR/GBP, USD/CAD, AUD/USD - Danske Bank, and USD/CNY - Commerzbank. EUR/GBP Price Analysis: Crosses Important Obstacle of 0.8460, Eyed Monthly Peak Early on Thursday morning in Europe, EUR/GBP bulls…
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Gold slips to 1-1/2 week low, below $1,770 before FOMC minutes
On Wednesday, gold draws new selling in the $1,782 area, declining for a third consecutive day. Through the early North American session, the intraday selling trend persisted unabatedly, pushing the XAU/USD to a one-and-a-half-week low in the penultimate hour, in…
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4 Powerful Trading Indicators Every Trader Should Understand
As your forex trading journey gets underway, you'll probably encounter various trading strategies. But with only one of four chart indications, most trade opportunities may be quickly spotted. Once you understand how to employ the Moving Average, RSI, Stochastic, and…
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4 Global Market Updates- 17 August, 2022
In this article, we have covered the highlights of global market news about the EUR/GBP, Eurozone, EUR/CHF, EUR/SEK, and EUR/NOK. EUR/GBP falls below 0.8400, a nearly two-week low, due to higher-than-expected UK CPI. On Wednesday, the EUR/GBP cross extends its substantial decline from…
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The FTSE 100 is Boosted by Miners, and Takeovers Are Back in Vogue.
The FTSE 100 is returning to levels last reached in mid-June this year, aided by a surge in mining companies after ex-FTSE 100 component BHP's announcement of a 26% rise in profits to USD21.3 billion and a record dividend distribution.…
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