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Tag: forex trading for beginners

NZDUSD Primary Zigzag Breaks Support

The internal structure of the NZDUSD pair on the 1H timeframe shows a bearish trend is forming. This could take the form of a...

ForexLive Asia-Pacific FX news wrap: Minor crack in BOJ resolve – sustainable inflation?

The financial results from AMZN after the US regular hours close saw the shares trashed on a disappointing outlook. AAPL shares were hit soon after despite beats...

AUD/JPY drops to 94.40 as BOJ continues with ultra-loose monetary policy

AUD/JPY has eased its morning gains and has dropped to 94.40 on BOJ’s unchanged monetary policy. BOJ’s Kuroda has continued its ultra-dovish policy stance due...

After ECB All Eyes On Tonights Tech Giants!

ECB hiked rates by another 75 bp –...

USD/CNY: Yuan reverses excessive depreciation – Herald

The sharp rise in the yuan against the US dollar retraced some of the currency's excessive depreciation this week, helped by a fall in...

USDCAD: Rounding Top Formed, End of Rally?

The BoC overnight only raised interest rates by 50bp to 3.75%, below market expectations of 75bp....

BOJ policy statement due on Friday, 28 October 2022 – preview

The Bank of Japan statement is expected between 0230 and 0330 GMT on Friday, 28 October 2022. There is no set time for the...

Gold Price Forecast: XAU/USD buyers stay hopeful whilst above $1,644 – Confluence Detector

Gold price has faltered on its previous rebound as the US dollar makes a comeback. Cooling aggressive Fed rate hike calls, China concerns and...

Australia: Inflation powers through 7% … Where does this leave the RBA?

I'm tempted to answer "up **** creek", but this is a family website. This assessment of the Australian CPI data earlier from ING. In...

Pound Sterling Price News and Forecast: GBP/USD pulls back from one-week high

GBP/USD retreats towards 1.1250 as UK’s political optimism fades, economic woes unearth GBP/USD dribbles around 1.1280 as fears surrounding the UK’s economic conditions probe the...

Japan PM Kishida says he’ll have an extra economic plan drafted by the end of October

Kishida announcing the appointment of ex-health mininster Goto to replace Yamagiwa as economy minister picked Goto based on his political experience, high presentation skills, passion for economic,...

GBP/JPY reverses pullback from 169.00 amid UK’s cautious optimism, fears of Japan meddling

GBP/JPY picks up bids to reverse early Asian session’s slump. Hopes from Rishi Sunak, Japan policymakers’ resistance keep buyers hopeful. Softer yields, indecision over Tokyo’s market...

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