#EUR/USD# #currencie...from Martin.phan

21 Nov 2022, 16:57 · Views 305

#EUR/USD# #currencies: #dollar appeared positive and rose 0.1% to 107, raising its index to 106.900 against other major peers as the Fed’s move was much clearer ahead. It saw a soft battle against the #yen at 140.26 after last week’s bounce from a low of 137.60. The #euro fell from its four-month high to $1.0327. .

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Martin.phan

156 Posted · 212 Followers

I am here to talk about my definition, my points of view about Forex market.I am happy to be a part of your profit when my signals can help you!

EUR/USD

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EUR/AUD

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Don’t confuse margin and leverage. Though their relationship is interdependent, each functions distinctively. Leverage is the ability to control a large amount of money using none or very little of your own money and borrowing the rest. For example, to control a $100,000 position, your broker will set aside $1,000 from your account. Your leverage in ratios is now 100:1 and you have control over $100,000 with only $1,000. Meanwhile, margin is the initial amount of money that you have to deposit into your account in order to start transactions, including leverage uses, with your broker. Margin is usually expressed as a percentage of the full amount of the position. If your broker requires a 2% margin, you have a leverage of 50:1.

Martin.phan

NZDUSD now is in Ichimoku cloud, so it shows that price is within sideway,but my expect is the price will go down to 0.6391 and has a slightly increase to retest at 0.6343. +Sell: 0.6341,S/L:0.6348,T/P:0.6317,0.6298

Martin.phan

#XAU/USD# #oil plummeted to near a one-year low as worries over recession offset positive supply-side signals from a bigger-than-expected crude inventories. Brent oil futures sank 0.3% to $79.51 while WTI crude futures lost 0.1% to $74.16 per barrel. Many are awaiting November’s U.S producer inflation data to see if it would trigger more volatility to the market. #goldprices pinned below $1,800 on the recovery of the dollar while the markets awaited inflation and GDP data from major countries for further clues in the global economy. Spot gold now traded around $1,770.33 while gold futures fell 0.1% to $1,782.35.

Martin.phan

#NZD/USD# NZDUSD yesterday has increase strongly, but it faces off with the resistance at 0.63470 and felt back down.Now it is going to retest its old top 0.63387 and maybe it could be decrease to its own down trendline at 0.62902.Waiting until it retest at its old top then consider Sell options: Sell:0.63398, 0.63470,S/l:0.63558,T/p:0.63046,0.62866

Martin.phan

NZDUSD was down like I expected yesterday to 0.62108, and now it is waiting to absorb money to create an uptrend short-term to 0.63000, which is a key resistance.At that point, it will show whether the price could fly up further or bounce down deeper 0.62108.I suggested for scalping Buying sides: +Buy:0.62353,S/L:0.62108,T/P:0.62987

Martin.phan