Following a robust Jobs report for October, market participants have dialed back their predictions of a significant 50 basis points (bps) rate cut in November. This upbeat employment data alleviated concerns about economic growth and consumer...
The Role of Psychology in Forex Trading Success Forex trading is more than just a technical and analytical skill; it’s also deeply psychological. Many traders, especially beginners, underestimate the impact that psychology has on their success or...
Recent positive data on U.S. Durable Goods Orders and weekly Initial Jobless Claims have solidified the Federal Reserve's confidence, as both indicators exceeded expectations. While Durable Goods Orders remained flat at 0.0% month-on-month—falling...
Technical Analysis of USD/CHF in Hourly Timeframe: Recently, the USD/CHF currency pair has shown resilience near the level of 0.8670, which turned this level into a point of interest for traders and analysts. This price level has turned out to be a...
•••XRP/USD Market Update: November 4, 2024••• ••Ripple's XRP is holding strong interest among investors, fueled by recent developments and rising on-chain activity. The ongoing SEC case against Ripple has taken a favorable turn for the company,...
