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EUR/USD: SELL From Accumulation Pattern for A SHORT Setup
EUR/USD on the 0.9700 level is struggling between a crucial area where there is dynamic support. To confirm that this is a significant level, the price is still in an accumulation pattern looking for who will win between the buyers and the seller's fight. The price is still under the 50 Moving avera
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FOLLOWME Community Top Trading Report - Third Week of March
2021/03/15 - 2021/03/19 Total Trading Volume 450,774 (Down by 39,952 or 8.14% w-o-w) Bitcoin recently hit an all-time high of more than 60,000 US dollar, such big fluctuations naturally attracted a large number of people, among them, the community trader
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Profit Show: Enjoy a New Stream of Income
Dear user, Are you ready to up your trading game to the next level? Introducing FOLLOWME’s new campaign, #PROFITSHOW# - As long as you have a live trading account, you can participate in this event. You can get up to 500 FCOIN reward, which is equal to 50USD. Most important thing is, the FCOIN you r
30.11 - USD/JPY’s path of least resistance appears to the downside
USD/JPY holds the lower ground below 104.00 heading into the European open, mainly undermined by the persistent weakness in the US dollar amid economic rebound expectations. Further, upbeat Japanese Industrial Production and Retail Sales for October cheer the JPY bulls, weighing further on the spot.
More positive news, yes please!
In a more positive turn of events regarding US lawmakers could be reaching an agreement on fiscal stimulus, American equities and treasury yields moved up higher while the dollar moved downwards. Hopefully, this positive move will also be reflected in the Asian stocks.
XAU/USD under pressure..
It was seen to pullback from $1,921 (a fresh weekly high). This is a result of the strengthening of the USD due to risk aversion sentiment in the market. XAU/USD has consolidated the biggest losses in 2 weeks under $1,900 and is currently staying pressured at the $1,877 levels.
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Aussie
AUD Traders – Stay tuned for two key releases today: Reserve Bank of Australia (RBA) interesting rate decision and Aussie budget. In terms of forecast, no change in interest rate are expected but a dovish tone is expected, especially since RBA Deputy Governor Guy Debelle has expressed concern over a
nfp
A key data release today would be the Non-Farm Payroll, out of the US. What will the numbers tell? The latest weekly job claims showed a positive story, as it dipped to 837,000 (a decline of 36,000 from the previous week). Overall, the market sentiment around the world is positive – with the number
