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FX Play of the Day: EUR/JPY Uptrend Pullback
More big moves may be ahead for EUR/JPY with the European Central Bank (ECB) expected to hike interest rates this week.
Let’s take a quick look to see why traders may jump in long on EUR/JPY if the market pulls back.
EUR/JPY 1-Hour…
To remain inside the woods till the release of Fed’s interest rate policy
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GBP/USD is displaying a sideways auction as the focus has shifted to Fed policy.
The BoE…
Oil Prices in Freefall, On Cusp of Breakdown, USD/CAD Buoyed by Market Mayhem
CRUDE OIL TECHNICAL ANALYSISCrude oil surged in early April following OPEC+’s unexpected announcement to cut production to stabilize energy markets. The decision briefly carried WTI futures to their best levels since November 2022, but…
OpenCL :: Exploring the 1st Dimension (incomplete series) – Other – 2 May 2023
Hi. This test will deploy a one dimensional "work" space with the native mql5 OpenCL commands available . The task is to discover how to map local memory to work groups . Frist let's create a simple test and try and gauge what…
Event Guide: ECB Statement – May 2023
Can’t get enough of central bank decisions? The European Central Bank is up next and the word around town is that we’ll see another rate hike.
Planning on trading the event?
Here are the important points you need to know before working…
XAG/USD surges back above $25.00 on US Treasury yields fall
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XAG/USD bounced off the weekly lows below the 20-day EMA and reclaimed $25.00.
A sour sentiment,…
USD/JPY Hammered by Disappointing Job Openings Data as Fed Decision Looms
USD/JPY OUTLOOK:USD/JPY falls and erases most gains from the previous sessionU.S. dollar weakness responds to falling U.S. Treasury yields following worse-than-expected U.S. job openings data for MarchAttention now turns to the FOMC…
How is the real estate sector ($IYR) calling for more upside.
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Hello Traders! Today, we will look at the shorter cycles of The Real Estate ETF ($IYR) and explain why…
Apple Earnings, FOMC, NFP to Provide Volatility
Nasdaq, Apple Inc (AAPL) News and AnalysisApple expected to post revenue and earnings drop on reduced sales but cost cutting likely to ease concernsNasdaq reverts to consolidation as longer-term uptrend continues. Increased volatility this…
Pound Sterling plunges below 1.2500 after US bank rescue seals Fed rate hike
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Pound Sterling vs US Dollar declines after US bank rescue means Fed will almost certainly hike…