Trading journal Tuesday, October 8, 2024 EURJPY pair Good afternoon. Hopefully all members and moderators of the Investsocial forum are in good health. Hopefully we all become successful traders. Let's continue the discussion to share analytical...
AUD/USD technical analysis As you can see, we got something similar to a bearish signal on AUD/USD, but it does not yet have confirmation. I would not boldly sell from the market opening. Suppose the price on this pair does not gain a foothold above...
Date: 08th October 2024. Stock markets remain under pressure; bonds find buyers. Financial Markets Performance: *The USDIndex closed at 102.493 after hitting a high of 102.620, the best since August 15. *USOil rallied 3.9% to $77.87 per barrel...
Forex Market: Key Characteristics and Potential Pitfalls The Forex market, often referred to as the foreign exchange or FX market, is the largest and most liquid financial marketplace globally. Here, traders engage in buying and selling currencies,...
Gold Price Movement Insights Presently, we are dissecting Gold's dynamic pricing behaviour. The chart shows the price trading below the moving average, indicating that selling is more favourable than buying. The MACD indicator's cross from below the...