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Tag: forex brokers for beginners

Fed’s Daly: We can easily find ourselves overtightening

Wants to avoid an unforced downturn by overtighteningSept SEP summary is a good indication of where things are lookingRental price inflation is starting...

Not much life in the market as slight dollar bid remains

There isn't much of a theme so far in the first 5.5 hours of the trading day. The US dollar is modestly higher across...

US existing home sales for September 4.71M vs 4.70M estimate

High risk warning: Foreign exchange trading carries a...

Custom Moving Average Cross Forex Trading Strategy

Trading does not really need to be overly complicated. Sometimes it is...

New Zealand dollar falls to three-day low as the mood worsens

The New Zealand dollar is down 20 pips in early trading and is testing a series of lows around 0.5650.The signals coming out of...

USDCAD trades above and below its converged 100/200 hour moving averages

The USDCAD is a chopping up and down with the 100/200 hour moving averages converged near 1.3774 (see blue and green lines in...

Valid Swing High Low Indicator for MT5

Introduction to the Valid Swing High Low IndicatorTable of Contents Price action traders often use swing highs and swing lows to identify the characteristics of...

BOJ’s Adachi: Monetary policy does not directly contribute to FX moves

I mean, really? Nothing contributes more to FX than monetary policy. It couldn't be more direct unless it was the BOJ itself buying and...

US plans to signal replenishing the SPR at $67-72 per barrel

Reuters is reporting that the US will signal a willingness (plan?) to replienish the strategic petroleum reserve in the $67-72 range. The idea is...

US stocks open with solid gains. Dow industrial average up 600 points. NASDAQ up 2.64%.

The major US indices are up for the 2nd consecutive day. Yesterday, the NASDAQ index soared by 3.43%. The S&P index increase by...

Westpac are forecasting a 75bp Reserve Bank of New Zealand rate hike on November 23

High risk warning: Foreign exchange trading carries a...

Japan finance minister Suzuki says cannot tolerate excessive FX move driven by speculators

Japan finance minister Suzuki with some verbal JPY intervention. cannot tolerate excessive fx moves driven by speculatorsclosely watching the fx market with a...

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