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On Wednesday, the market major remains balanced. The current quote is 1.0350. Yesterday the macroeconomic calendar started coming back to life, step by step. The US issued a Conference Board CCI report for November. The index had fallen to 100.2 points from 102.2 points previously. The forecast had been weaker, suggesting a decline to 100.0. […]

Type: Bearish Continuation Key Levels:Resistance:1978.0Pivot:1759.5Support:1830.5 Preferred Case:On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head back down to the support line at 1830.5, where the 78.6% Fibonacci line is […]

Technical Trade Set Ups For Gold, USDJPY & USDCHF Source: Tickmill

Forex Order Types You Need To Know Before start trading, there are some order types of Forex types you must be familiar with and have the ability to use these types of order in your trading experience. The term “order” in Forex refers to how you will instruct your broker to enter or exit a […]

Buying pressure in equity markets remained quiet on Tuesday, cyclical stocks dipped due to worsening global economic prospects. The mass protests in China against the harsh lockdowns and the continued increase in new Covid cases have been one big step back on the path to the reopening of the Chinese economy. Fed Bullard’s comments yesterday […]

Equities Rebound As China Unrest Calms Equities markets look to be stabilising today following initial losses suffered yesterday as traders reacted with caution to events in China. A wave of civil unrest spread across China on the back of 10 people dying in a tower fire in Urumqi province. Locals accused the rescue operation of […]