Trading journal Wednesday, February 5, 2025 GBPUSD Assalamu'alaikum, hopefully everyone is still in good health and more enthusiastic on Wednesday afternoon. Hopefully we can all be successful this year. Allow me to update the trading journal....
Date: 5th February 2025. Stock Market Drops as US-China Trade War Escalates; Gold Hits Record High. US Dollar Weakens Amid Market Uncertainty * The US dollar continued to weaken, extending Tuesday’s 0.7% drop following disappointing US jobs data. *...
Shorting gold or buying it at current prices does not present an optimal opportunity for short sellers. The reason is that once the initial impulse wave to the upside concludes, the prevailing downtrend will be broken. Therefore, if prices fail to...
USD/jpy Outlook Greetings and Good Morning to everyone! Today, the US dollar has some news events related to the ADP Non-Farm Employment and Unemployment rates. So, the USD/JPY traders can survive in this market effectively. They have to trade...
XAUUSD(Gold) XAUUSD(Gold) outlook: Gold continues to be influenced by various factors, including economic data, Federal Reserve policy, geopolitical risks, and inflation concerns. The U.S. Dollar has remained strong due to robust economic data from...