ForexVictory
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23-04-2024 _ Short Term Bearish Idea _ GBPCAD H4
#GBP/CAD# 1- Divergence on MACD indicator. 2- Followed by Convergence. 3- This presents a typical scenario of; Pullback followed by continuation to the Down Side. Looks like Pullback is happening right now. Look for Sell Setups in the shaded zone. Target and protection shown on the cha
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Pound Rises On Upbeat U.K. PMI Data
The British pound strengthened against other major currencies in the European session on Tuesday, after a survey showed that U.K. private sector activity expanded for the sixth consecutive month in April. The composite output index rose from 52.8 to 54.0, hitting an 11-month high. The services PMI c
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Silver Price Forecast: XAG/USD nosedives to $27.30 as Middle East tensions ebb
Silver price witnesses bloodshed drops vertically to $27.30 as safe-haven demand eases. The demand for safe-haven assets weakens as fears of widening Middle East conflict ease. The US Dollar and bond yields rise as investors see the Fed keeping interest rates higher for longer. Silver price (XAG/USD
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Oil outlook: Bears regain control as fears of conflict escalation fade
WTI WTI oil price fell to the lowest in almost four weeks in early Monday, following a short-lived spike higher on Friday, sparked ty Israel’s attack on Iran. The sentiment changed quickly to negative on fading signals of escalation of the conflict and traders shift focus to fundamentals, with rise
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BoE's Ramsden: Risks to persistence in domestic inflation pressures are receding
"I have become more confident in the evidence that risks to persistence in domestic inflation pressures are receding," Bank of England Deputy Governor Dave Ramsden on Friday, per Reuters. "There are likely to be bumps in the disinflation process from one month to the next," Ramsden added and said th
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JRFX: Where to Find Brokers That Give Bonus Without Deposit
Brokers that gives bonus without deposit? Are you an aspiring trader looking to kickstart your trading journey without the need for an initial deposit? Finding brokers that offer bonuses without requiring a deposit is a great way to get started in the trading world. In this article, we will explore
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Discussing the current state and future prospects of equities [Video]
In this special edition of TradeGATEHub Live Trading, guest expert Henrik HenrikZeberg presents his compelling narrative of a market "melt-up followed by a meltdown." Coach Dale engages Henrik in a detailed discussion about the current state and future prospects of equities, focusing on the relation
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GBP/USD edges higher to above 1.2450 amid hawkish sentiment surrounding Fed
GBP/USD rebounds from lows since November amid expectations of the Fed delaying rate cuts. The escalated Middle-East tension could bolster the demand for the US Dollar. BoE could reduce policy rates to around 4.75% by 2024, down from the current rate of 5.25%. GBP/USD gains ground amid a stable US D
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Pull-up Update