Major currencies mostly little changed so far on the day
The dollar is mostly little changed with the ranges for some dollar pairs still leaving a lot to be desired. EUR/USD is flattish around 1.0737, holding within a 32 pips range so far on the day. GBP/USD and USD/CHF are also more or less flat and also observing 30+ pips range as we get European […]
Russian rouble gains 3% on first working day of 2023 By Reuters
© Reuters. FILE PHOTO: A Russian one rouble coin is pictured in front of the Kremlin in Moscow, Russia, in this illustration picture taken June 24, 2022. REUTERS/Maxim Shemetov/Illustration By Jake Cordell (Reuters) – The Russian rouble started the first full trading day of the new year on the front foot, advancing by more than […]
Spot Gold Analysis. XAUUSD: $1888/1926 or $1818/1777 after non-farm payrolls day data?
2023-01-06 2023-01-06 Spot Gold Analysis. XAUUSD: $1888/1926 or $1818/1777 after non-farm payrolls day data? Piyush Ratnuhttps://www.litefinance.org/blog/authors/piyush-ratnu/ The article covers the following subjects: Analysis 02.12.2022 Accuracy Summary and Review As projected in my analysis dated 02.12.2022: If the Bullish momentum pushes Gold price across the $1812 barrier, $1818, 1836 and 1866 can be the next target […]
S&P index approaches, but closes below 200 hour MA. Monday will be a key day ahead of CPI
The US major indices are closing higher on the day and for the week. All the major indices are closing with gains over 2% on the day. For the week the gains are from around 1% to 1.5% for the major indices. The final numbers are showing: Dow industrial average rose 700.53 points o 2.13% […]
USDCAD bounces off the 100 day MA today…and again
Yesterday, the USDCAD moved sharply lower despite the fact that oil prices were tumbling to the downside. Below is the post on the pair. Here is the link: https://www.forexlive.com/technical-analysis/oil-is-down-350-but-usdcad-is-lower-by-134-20230104/ Maybe the move to the downside (higher CAD CAD The Canadian dollar (CAD) is the official currency of Canada and at the time of writing is […]
Why Do You Need $25,000 To Day Trade? • 2nd Skies Trading
The stock market is a heavily regulated space, and this is understandable. It is a high-risk market where traders could watch all their money burn down to the last dollar. And one of the most common requirements for trading the stock market as a day trader is the $25,000 rule. You need a minimum of […]