Economic Calendar Day Event Friday NZD Bank Holiday Forex EURUSD EURUSD H4 Chart The fiber has been edging higher towards the 1.06000 key level, currently trading at 1.05 ish between the 50 and 200 moving average. Consecutive higher lows created a bullish trendline on the 4-hour chart and the pair may be more inclined to […]
The $200 Trading Account draw is applicable for the person that participated in the webinar from the start till the end. In order to receive the $200 trading account, the winner will have to have a live account fully verified by compliance, regardless of if the account was opened before, during or after the webinar. […]
Economic calendar Key Events for this week Monday- Australian Bank Holiday Tuesday- USD PPI Wednesday- FOMC Statements and Federal Funds Rate. There will be an FOMC press conference 30 minutes after the statements Thursday- CHF interest rates, GBP Interest rates Friday- Fed Chair Powell speaks Inflation: CPI Recap CPI figures last Friday surprised us, but […]
Economic calendar Today- US CPI at 8:30 EST Forex USDJPY USDJPY Daily Chart. Source: TradingView The dollar continued to strengthen against the Yen due to interest rate differentials. BOJ still firm on its dovish stance, with analysts predicting that it will remain this way until the current BOJ governor, Kuroda’s term is over in the […]
Economic Calendar Monday- Bank Holidays for Australia, New Zealand, Switzerland, France, and Germany Tuesday- Cash Rate for AUD Thursday- EUR monetary policy statement Friday- US CPI Forex EURUSD EURUSD Daily Chart EURUSD’s retracement momentum has slowly faded with a 50 daily moving average applying bearish pressure. 1.0800 is the next resistance level where most traders […]
Amazon will be performing a 20:1 split on June 3rd, 2022. As a result, we will be adjusting the open prices / volumes of all open tickets to account for the 20:1 split after the June 2nd US stock market close / before the June 3rd, US stock market open. Example: Old: Client Buys 100 […]
Economic calendar Bank holiday in the UK NFP Interesting Trade Ideas Apple’s to have the first death cross in 3 and a half years. Usually stock tumbles as the 50 moving average crosses over the 200 moving average to the downside on the daily timeframe. Fundamentals-wise, apple’s annual WWDC is happening in 3 days and […]
Economic Calendar Important Events This Week Monday- USD Bank Holiday Wednesday- CAD interest rates Thursday- GBP, EUR Bank Holiday, ADP Non-Farm Employment Change Friday- GBP Bank Holiday, NFP Covid in China China recorded less than 100 new cases yesterday. Lockdowns may soon be lifted, manufacturing and consumption will be ramped up and global supply chains […]
What is the FOMC? FOMC stands for Federal Open Market Committee, a branch of the Federal Reserve System Who is on the committee? – President of the Federal Reserve Bank of New York– 7 members of the Board of Governors– 4 Reserve Bank Presidents on a rotating basis Why do they meet? The members meet […]
