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The Market structure has been trading between and respecting the descending trading channel and market participants are just looking either buying or selling at the touch, bounce or rejection of this trendlines.
News
Despite the excitement about the EU's pandemic bonds, the political obstacles remain daunting.
Industry
Since the Democratic candidate Biden was reported to be involved in a scandal, he has not yet given a press conference to clarify what happened. Implicated by the scandal, Biden’s approval rating has lost large ground in the latest polls, with his lead over Trump narrowing by just seven percentage points.
News
People are fascinated to be a legend by winning great fortune with a tiny amount of capital. Unfortunately, “All In” doesn’t work in the Forex market.
NewsJapans key consumer prices fell at a slightly slower pace in September but failed to log gains for a sixth straight month with economists expecting worse to come over the coming months.
IndustryNew Zealand inflation unexpectedly slowed in the third quarter as fuel prices failed to recover.
IndustryNew Zealand inflation unexpectedly slowed in the third quarter as fuel prices failed to recover, adding to signs the central bank may need to deliver more stimulus in coming months.
IndustryThe leading U.S. solar-trade group is calling on companies to move their supply chains out of a Chinese region, citing reports of human-rights abuses.
IndustrySales of previously owned U.S. homes rose more than expected in September to the highest level in 14 years as a desire for more space and record-low mortgage rates continue to support demand.
IndustryMortgage rates in the U.S. once again dipped to a record low.
IndustryA weekly measure of U.S. consumer confidence fell to a seven-week low on significant declines in attitudes toward the economy and buying climate -- just about two weeks before the presidential election.
IndustryThe number of Californians who filed for unemployment benefits the week ended Oct. 10 was almost almost a quarter less than previously reported, according to Labor Department figures that show a better trajectory than previously thought for the U.S. labor market because of the states size.
IndustryThe number of Americans filing for unemployment benefits fell for the third time in four weeks, suggesting the labor market is still gradually recovering while remaining far from its pre-pandemic health.
IndustryThe lira sank to a record low after Turkeys central bank unexpectedly held back from raising its key interest rate.
IndustryThe lira sank to a record low after Turkeys central bank unexpectedly held back from raising its key interest rate.
IndustryTurkey raised the upper bound of its interest-rate corridor but unexpectedly left its benchmark on hold on Thursday, risking further volatility in the lira as the central bank sticks with its stealth tightening to contain the currencys weakness.
IndustrySub-Saharan African economies face a slow recovery from the coronavirus pandemic and the regions economic growth will fall behind the rest of the world next year, according to the International Monetary Fund.
Industry
People exposed to the Forex market are helpless because they can do nothing on the price movement as an individual. So retail traders are struggling with finding a way to minimize the risk exposure.
News
During the start of this new trading week, both sellers and buyers were anguished by false bullish breakout that made buyers think it could probably be a buy since last two days of trading session of both Monday and Tuesday, market structure was drawing higher highs and lows as price seemed up past the 50 moving average during this trading days and stop hunts incurred by fast paced f.o.m.o sellers.
News
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2020/10/26 7:50:17
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2020/10/27 7:20:26
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