EUR/USD climbs to 2-week highs near 1.1370, dollar deflates
EUR/USD gathers further traction and advances to the 1.1370 region. EMU Flash CPI rose 4.9% YoY and Core CPI gained 2.6% YoY. German Unemployment Change shrank by 34K, jobless rate at 5.3%.
UP Fintech Posts 59.6% Yearly Revenue Gain in Q3
The total revenue for Q3 came in at $60.8 million, which slightly improved on the previous quarter.
Fortrade Sees 576% Jump in FY20 Net Profit
The massive jump in profits was fueled by a higher turnover.
Just2Trade Integrates Your Bourse’s Solution as Main Liquidity Provider
The Cypriot broker will receive deep liquidity for more than 1,000 instruments.
NAGA Plans for a US IPO to Tap Broader Investor Base
The broker will terminate direct businesses in the United Kingdom throughout the month of December.
RoboMarkets Launches Fractional Stock Trading Services
The new service is available on the proprietary R StocksTrader platform.
EUR/USD Price Analysis: Downside bias remains intact, 1.1250 likely at risk
EUR/USD looks south, with 1.1250 at risks amid firmer USD, yields. Bearish RSI supports the potential move lower towards 1.1200. 1.1300 is the level to beat for the EUR bulls for any meaningful recovery.
Is Your Forex Broker a Scam?
If your broker does not respond to you, it may be a red flag that they are not looking out for your best interests. To make sure you're not being duped by a shady broker, do your research, make sure there are no complaints, and read through all the fine print on documents. Try opening a mini account with a small balance first, and make trades for a month before attempting a withdrawal. If you see buy and sell trades for securities that don't fit your objectives, your broker may be churning. If you are stuck with a bad broker, review all your documents and discuss your course of action before taking more drastic measures.
9 Forex Trading Tips
Trading forex can be a great way to diversify a broader portfolio or to profit from specific FX strategies. Beginners and experienced forex traders alike must keep in mind that practice, knowledge, and discipline are key to getting and staying ahead. Here we bring up 9 tips to keep in mind when thinking about trading currencies.
Gold Price Outlook: XAUUSD Spikes, Snaps Back to Fibonacci Support
Gold prices continued their bullish ascent this morning, spiking above the 1555 level after the open. Most of those gains have already been faded-out.
Gold Prices Stabilize Ahead of Jackson Hole, Will XAU Bulls Show Up？
Gold prices have stabilized after a volatile showing last week. Gold price action has clung to a bullish trendline ahead of a couple of really big drivers.
Canadian Dollar Price Outlook: How Far Will the USD/CAD Recovery Go？
USD/CAD put in an aggressive bearish trend in June and early-July, but has seen 50% of that prior move wiped out in a retracement.
US Dollar Technical Outlook in EUR/USD, GBP/USD, USD/CHF, USD/CAD
After a burst of excitement FX markets have begun to digest, but will sellers be able to provoke a bigger push in the US Dollar？
US Dollar Price Action Setups: EURUSD, GBPUSD, USDCAD, USDCHF
The Equity sell-off has calmed for now but a number of questions remain around global markets. The US Dollar is currently testing lower-high resistance.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, USD/CHF
The US Dollar has held lower-high resistance ahead of the FOMC's widely-expected rate cut. But what's in store for the rest of 2019？
Gold Price Pulls Back, XAU Bulls Show at Higher-Low Support
Gold prices exploded last week with a gust of USD-weakness pricing-in, but GLD price action has since pulled back to find support at prior resistance.
EUR/USD Price Outlook: Support Grind at 1212 Ahead of ECB, FOMC
Rate decisions take place out of both Europe and the US in the next two weeks, with each carrying the expectation for dovish policy from the respective Central Bank.
US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD and USD/CAD
The US Dollar has seen a different tonality so far in July, but a short-term theme of strength runs counter to an intermediate-term scenario of weakness.
Gold Prices Snap Back After Failed Breakout Attempt - Levels to Know
Gold prices put in another run at six-year-highs earlier. Bulls were soon rebuffed, and prices have again pulled back.
US Dollar Resistance at Prior Support: EUR/USD, USD/JPY, AUD/USD
The US Dollar is coming off of bearish backdrop in June, but prices so far in Q3 have pushed up for a test of lower-high resistance.
