Welcome to Technical FX Youtube Channel. In this video James the founder of Technical FX gives a tutorial on how to use the fibonacci retracement tool in theory. In part 2 releasing soon you will see this in a live market. We hope you enjoy this video and make sure you subscribe for more. ———
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The S&P index has moved to a new low of 3841.54. In the process it took out the low price from last week at 3858.87. At the low the index was down 20.28% from its 2022 high and all-time high reached on January 4. That takes index into “bear market territory”. Financially speaking a decline
Incumbent Prime Minister Scott Morrison conceded defeat Saturday evening. His LNP coalition lost 20 seats, including several high profile MPs. Australian Treasurer Josh Frydenberg lost his seat, a seat held by the conservatives for generations; for 120+ years up until Saturday. Frydenberg lost to an independent. Labor leader Anthony Albanese will form a new Australian
In this article WMT Walmart on Tuesday reported quarterly earnings that missed Wall Street’s expectations by a wide margin, as the nation’s largest retailer felt pressure from rising fuel costs and higher levels of inventory. Shares were down nearly 7% in premarket trading. The company raised its outlook for sales this year, saying it expects
The Canadian dollar gained 0.47% vs. the greenback in the week, which was soft throughout the whole week. The US Dollar Index reclaimed the 103.000 mark but ended the week with losses of 1.38%. USD/CAD Price Forecast: A daily close above the 20-DMA could pave the way for a move towards 1.3000. The USD/CAD is
AUDUSD falls back to the 100 hour MA The AUDUSD is mired in an up and down trading day today The initial move was lower. The price move in the Asian session took the price down toward the 100 hour MA (blue line) and found willing buyers against that level. The subsequent move to the
Russia has banned nearly 1,000 Americans, including President Biden, Vice President Harris, and many others from the US administration, from entering the country. This comes in response to the US support of Ukraine. From a Foreign Ministry news release: “In the context of response to the constantly imposed anti-Russian sanctions by the United States and
When choosing any blockchain for minting NFTs, such as Ethereum for NFT development, ensure the robustness of its smart contracts, check the blockchain’s fee structure, security measures and transaction speed, and assess the possibility of forking. In the cryptocurrency market, NFTs are a significant niche. They provide further exposure to cryptocurrencies for people who might
It was another roller-coaster week. Swiss Franc ended as the strongest one after SNB Chairman Thomas Jordan surprisingly said it’s ready to act if inflation solidified. But it should reminded that he reiterated the readiness on intervention too. Euro was somewhat pressured due to selling in crosses. Dollar, Canadian and Yen were the worst performing
In this article SE Singapore, Singapore – 2021: A large Shopee logo at the entrance to the e-commerce platform’s headquarters at Science Park. (Exact photography date unknown due to incorrect camera settings) Kokkai | Istock Unreleased | Getty Images Shares of Southeast Asia’s e-commerce and gaming firm Sea Group popped after its first-quarter revenue beat
GBP/USD Weekly Forecast: Will the recovery sustain above 21 DMA? Bulls were finally rescued, as GBP/USD stalled its four-week downtrend and rebounded firmly from two-year lows of 1.2155 reached a week ago. A temporary bottom seemed in place, with the 400+ pips recovery, as the US dollar embarked on an overdue correction. The currency pair
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Hi, in this video i will share how to identity,read and use Scrutre CSA,CSAK and Re Entry,enjoy.
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The S&P 500 is down 80 points, or 2.1% and today’s close will mark a seventh consecutive week of declines. That’s a rare feat and it doesn’t bode well. I had some optimism yesterday that the Target-rout might mark a tradable bottom and it did to some extent but the inability to rally for more
There’s a consistent theme of US dollar weakness across the board this week. That goes along with falling yields and rising gold. It’s a picture that looks more like a broader turn than anything we’re seeing in the stock market, though some of the strength into Friday’s close is promising. I’m not a fan of
SINGAPORE – Oil prices rose more than $1 a barrel in early Asian trade on Wednesday on hopes of demand recovery in China as the country gradually eases some of its strict COVID-19 containment measures. Brent crude futures were up $1.15, or 1.0%, at $113.08 a barrel at 0042 GMT, while U.S. West Texas Intermediate
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