Market Update – November 19 – Technicals dominate for now
USDIndexat 95.80. Prime Minister Kishidaconfirmed the new stimulus package has a size of 79 tln yen. Chinais looking into ways to cut taxes and government fees by up to 500 bln yuan….
Read More »AUD/USD Eyes Upside on Potential Loan Prime Rate Cut in China
AUD/USD has China's monthly Loan Prime Rate fixing in focus amid an otherwise quiet economic docket. A surprise cut could spur some strength in the Australian Dollar.
Read More »EUR/USD Price Analysis: Bears take on bullish commitments at key structure
EUR/USD is on the back foot as the market looks for safer havens due to the covid concerns sweeping through Europe. The pair hit a 16-month low amid t
Read More »Australia to open up to (fully vaccinated visitors from) Japan and South Korea
From 1 December. Announcement from Australian Prime Minister Morrison Arrivals from Japan and SK including
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70% Win Rate Advanced Trading Strategy Proven 100 Trades – Fibonacci + 50 EMA + RSI
Here is a very effective trading strategy combining Fibonacci, RSI, 50 EMA, and candlestick patterns to get great entries on pull backs in trends. I test it 100 times so…
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How To Actually Trade With RSI (Strategy Including MACD And Stochastic) Tested 100 Times
Here is the highly requested RSI + MACD + Stochastic trading strategy by Prophet Market tested 100 times to see how it performs over a series of trades. Best Crypto…
Read More »Vantage FX completes strategic rebrand as part of global expansion
Sydney, 16th November 2021 : Vantage FX, the global multi-asset broker, today announces that it has rebranded as Vantage. The move emphasises the breadth of Vantage’s platform which offers CFDs…
Read More »Events to Look Out for Next Week
The markets are likely to meander into the weekend. Liquidity is drying up ahead of the upcoming Thanksgiving holiday and that could add some volatility to already choppy action. Concerns…
Read More »Silver Price Forecast: XAG/USD struggled at $25.00, retreated to the $24.50 region amid falling US yields
As Wall Street closes, silver (XAG/USD) finished the session in the red, down almost 1%, at $24.58 at the time of writing. Friday’s session witnessed
Read More »Japanese Prime Minister Kishida confirms his government is considering an oil reserve release
Over the past week the US administration has been in discussions with other countries over releasing oil from reserves: The US has approached China, Japan, India, South Korea
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