As The World Awaits the Upcoming Federal Open Market Committee (FOMC) Meeting Scheduled On 14 December 2023 At 12.30 AM and ensuing this the FOMC Press Conference Scheduled at 01:00 AM, the Central Bank Is Widely Expected to Leave the Federal Funds Rate Unchanged. So amid this, what’s the forex outlook
With all eyes on the Federal Reserve, the fed meeting and their rate hike, the stakes are truly high for the global markets. December 12th – 13th will be the summarization of the Economic projection for the fed and as traders wait for the reports, let’s discuss what are the
Dollar index Dollar index is trading around 103.473. Support at 103.400 and resistance is 103.600 Below 103.400 Sell it…!! Downside Targets looks 103.100—102.850 Buy 103.600…levels Only XAUUSD (Yesterday We Told To Sell Below $1989 )(Both Targets Achieved – $1982/$1970 ) Buy Above $1988…levels Only Upside Targets Looks $1993-$2000. Support or Stoploss
It’s Friday and the forex markets are in full swing with a lot of focus on the dollar index, silver and gold. What’s in store for traders in the forex market today with a lot of US data arriving? Check out our Forex news letter now and find out!!! Dollar
Natural gas fell more than eight per cent at the start of the month as the economy’s balance shifted toward a supply glut. All pipes are open and gas is flowing normally to Europe from all regions, even at high levels in some, which means that Europe will get through
As traders, there are certain aspects of the trading game that we need to get in front of. One of them being chart patterns, especially the Doji candlestick pattern. As our avid readers, you’ll be curious about the various chart patterns we enumerate on our technical outlooks on commodity
The market could be compared to a wild jungle or an angry ocean. When you’re cruising through it, you need to know several paths through which you can travel and reach your destination safely. In the Stock market or commodity market, technical analysts use stock chart patterns to identify the
