Trade Lookout in China’s Market on November 10, 2021
China accounts for 30% of global production capacity. Rising COVID infections and the current low levels of natural immunity imply that an increase in viral propagation throughout the winter might result in further lockdowns in China. The risk is that they…
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Gold Targets Key Resistance as CPI Approaches
Gold price has been climbing this month, with significant resistance above the 1830 mark. Prices increased as a result of a recent crossover of the 20-day and 50-day Simple Moving Averages (SMAs). If the gold bulls fail to break through…
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How to make money in forex trading?
The primary part of making decisions in forex trading is drawn from economic facts. The fundamental background of the market consists of three primary things. This is why it may be difficult to predict currency movement at times. The currency…
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Trade Lookouts For November 9, 2021.
In this article, we have covered the highlights of global market news about the Dollar and Stocks, Gold, Oil and Commodities. The increased bid in bonds (lower rates) is likely the most important news of the day thus far, with Treasury yields…
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Critical Forex Updates for Friday, November 5th, 2021
Dollar gains continue to stay the course. The pound is the laggard on the day with cable sliding by 0.5% to 1.3430. The same goes for the other dollar pairs in the forex market, with EUR/USD now easing towards a…
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