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Gold Price Recovery Runs Out of Steam as Red-Hot US Jobs Data Boosts Yields
GOLD PRICES FORECAST:Gold prices retreat as Treasury yields charge higher following solid U.S. payrolls dataThe U.S. economy added 339,000 jobs in May, topping estimates by a wide marginThe strong and resilient labor market could nudge…
AUDNZD 02 JUN 2023 – TRADE WITH THE AMAZING COMBO ITALO PIVOTS, ITALO VOLUME AND ITALO TREND…
Hello Traders, we had a trade on AUDNZD on H1 time-frame that today 02 June 23 the market already moved +1800 Points! In this trade we looked first at the Italo Pivots green support line, the market touches and rejects it, in…
FX Play of the Day Recaps: May 29 – June 1, 2023
It was a strong week from our FX strategists as three out of five price scenarios arguably played out in our favor, including an expected strong bearish move on AUD/USD.
Check out our quick recaps and let us know how you did this week in…
Oil rallies for second day after Senate votes through debt-ceiling deal, NFPs fuel uptrend
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Oil price recovers for the second day after the debt-ceiling bill gets voted through by the US…
GBP/USD, EUR/GBP and GBP/JPY Outlooks
GBP/USD Prices, Charts, and AnalysisLittle domestic economic data or events next to guide Sterling.GBP/USD clients have turned net short.
Recommended by Nick Cawley
How to Trade GBP/USD
The British Pound has…
Perpetual EA – User Guide – Trading Systems – 2 June 2023
Perpetual EA is a reliable automated trading system that trades with a profitable strategy. You can find general information about the EA strategy on the official product page in the MQL5 Market. This post contains information…
USD/JPY surges above 139.50 following US NFP figures
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Headline employment growth in the US rose by 339k in May.
The US Unemployment rate rose to 3.7%.…
00 GMT when Wall Street traded near 33,096.00.
Number of traders net-short has increased by 22.26% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIWall StreetBULLISH47.68%52.32%-28.15% Daily-19.91% Weekly33.10% Daily22.26% Weekly-5.37%…
NFP Smashes Estimates as US Unemployment Rises to 7-Month High
US NFP AND JOBS REPORT KEY POINTS:The US Added 339,000 Jobs in May, Surpassing the Average Forecast of 190,000 New Payrolls. Aprils Figure Meanwhile Was Revised Higher to 294,000.The Unemployment Rate Rises to 3.7%, a 7-Month High.Average…
5 Exit Strategies To Consider in Each Trading Setup
Most traders spend a lot of time and effort picking their trade entries but forget to plan their exits.
But what use is a well-timed and properly executed entry if you aren’t able to minimize your losses or maximize gains?
As you’ve…