Low arrivals continue to affect Coonoor tea auctions
Low arrivals of tea continue to hit Coonoor tea auctions with prices of almost all varieties showing a declining trend. Dropping mercury levels are stated to be the reason for lower crop in the trading sessions. In sale 9, high-priced and better liquoring sorts in CTC leaf were lower by ₹3 to 4 and more […]
Gold Price Hangs Tough as US Dollar Dominates Proceedings. Where to for XAU/USD?
Gold, XAU/USD, US Dollar, Fed, DXY Index, Powell, Treasury Yields – Talking Points The gold price is steady today as markets take on board Powell’s comments The US Dollar has been grinding the gears of other currencies, but not gold If volatility is to ratchet higher, will it provide direction for XAU/USD? Recommended by Daniel […]
Trailing the price automatcally – Trading Strategies – 6 February 2023
Metatrader trailing stop expert advisor that can trail the price of the winning trade(s) by pips, candles, ATR, PSAR, moving average, fractals indicator or percentage. Trailing Stop main functions Trail the price of an opened trade or more by using a multitude of options, such as trail by ATR, PSAR or fractals indicators, trail by […]
Trading within the price channel automatically – Trading Strategies – 6 February 2023
The MetaTrader Price Channel expert advisor draws the support and resistance levels, then trades when the price bounces back from the channel’s levels. The price Channel pattern is made of two trend lines positioned above (resistance) and below (support) the price. The price action is contained between these two parallel trend lines. The separation between […]
Price Rate Of Change Indicator – Formula and ROC Trading Strategies
2023.02.06 2023.02.06 Price Rate Of Change Indicator – Definition, Formula and the ROC Trading Strategies Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ The ROC indicator is one of the momentum indicators often employed in intraday strategies, which allows you to evaluate the rate of price change compared to previous periods. It can be used to assess the trend strength and […]
USD/CAD Price Analysis: Gains traction and tests the 100-day EMA at around 1.3410
USD/CAD climbs in the North American session after hitting a daily low of 1.3311 before Wall Street opened. Nevertheless, a strong US jobs report bols Source link
Gold Price Forecast: XAU/USD on the Precipice
GOLD ANALYSIS & OUTLOOK Markets respectful of Fed’s hawkish language, USD bid. NFP and ISM Non-Manufacturing data in focus later today. XAU/USD daily close key for near term directional bias. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling […]
Crude Oil Price Under the Pump in the Face of Fed, ECB and BoE Hikes. Lower WTI?
Crude Oil, US Dollar, WTI, Brent, FOMC, Fed, BoE, ECB. OPEC+ China – Talking Points Crude oil prices have found some support after a tumultuous week The Fed, BoE and ECB tightening has raised recession concerns OPEC+ maintain its target while China resurfaces. Where to for WTI? Recommended by Daniel McCarthy Get Your Free Oil […]
Trading silver, its price fluctuations and what to know about it
Silver is one of the most popular commodities in the world of trading. Silver tends to hold its long-term value, and just like gold, it is likely to draw strength from a low-interest rate environment. While gold remains the number one commodity when it comes to traders’ preferences, silver could be an alternative for people […]
USD Controlling EUR/USD Price Action Dismissive of Positive EZ Data
EUR/USD ANALYSIS & TALKING POINTS EZ economic data unable to deter USD backing. All eyes on the Fed tomorrow with emphasis in post-announcement conference. Can current USD strength last against the EUR? Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL BACKDROP The euro received several key economic data prints (see economic calendar […]