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Remember to Test Your Forex Trading Strategies!
Becoming consistently profitable in forex trading involves earning and holding points and then repeating the process.
Unfortunately, it is not as simple as it seems.
Making successful trades is not just about having a great setup. It…
Bitcoin’s rally at a crossroads: Watch out for profit takers
Bitcoin is up 86% since November 2022. Why do traders get (at least partial) profit?Traders who have been profitable on a prolonged rally, such as early bitcoin buyers before an extended rally, may choose to sell or exit at least part of…
Sterling – Strong Retails Sales & Weaker PMI’s Following the BOE
GBPJPY, daily
UK retail sales are much stronger than expected. Sales jumped 1.2% In February, while the January reading was revised up 0.9% from 0.5% I mentioned at the beginning. The February data is the biggest…
EUR/USD Takes a Breather as Prices Test Support
Euro Dollar (EUR/USD) Talking Points:EUR/USD is holding onto the 50-day moving average (MA) as prices struggle to break free from a broader range of support and resistance.The Euro fell after failing to breach above 1.090The US dollar…
Wendy's Answers McDonald's Challenge With New Take on Fan Favorite
A new menu battle is brewing between Wendy's and McDonald's this spring.McDonald's (mcd) - Get a free reportand Wendy (n) - Get a free reportThey have long competed with each other as two of the best fast food burger chains.McDonald's and…
Apple CEO praises China’s innovation, long history of cooperation on Beijing visit By Reuters
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© Reuters. Apple CEO Tim Cook leaves the venue after his speech at the 2023 China Development Forum, in Beijing, China, March 25, 2023. cnsphoto via REUTERS
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SHANGHAI (Reuters) - Apple Inc Chief Executive Tim Cook used his…
Executive Moves of the Week
As we enter the last week of March 2023, there is some growth in the number of CEOs hired this week in the forex, crypto, and financial technology industries. Let's take a look at the CEOs who have filled new positions and experiences in…
Venezuela need for dollars helped spark PDVSA graft probe -sources By Reuters
© Reuters. FILE PHOTO: A statue depicting an oil tower was erected by Venezuelan oil company PDVSA near the company's headquarters, in Caracas, Venezuela on March 20, 2023. REUTERS/Leonardo Fernandez Viloria/File Photo
Written by Myla…
Weekly FX Market Recap: Mar. 20 – 24, 2023
Banking sector woes were still the main theme early in the week before the spotlight shifted to the FOMC decision later on, along with other major central banks’ statements.
Efforts to shore up liquidity and restore confidence in the…
Week Ahead March 27-31st: Highlights include US PCE, China PMIs, EZ CPI, Aus CPI
MON: German Ifo Survey (March).Tuesday: NBH Policy Announcement, US Advanced Commodity Trade Balance (Feb), US Richmond Fed (March).married: CNB Policy Announcement, Australian Consumer Price Index (Feb).Thursday: SARB Policy Announcement,…
