Traders Blog - Analysis, Strategies, News and more: Tag - Forex Indicators
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USD again back above 108 Mark!
Hawkish FED and increasing TensionsAfter last week's published data from the US, most FED speakers supported the tightening policies by mentioning the 50 bps and 75 bps as the possible options as inflation is still so high. As the likelihood of highe...
Bitcoin Struggling With Fibonacci 38.2 – When $46,670 Will Be Breached Again?!
Bitcoin is struggling with the Fibonacci 38.2 resistance as its breach above that level last week ran out of gas! Bulls weren’t able to hold on to their firm control of crypto markets as they did the previous week. As I wrote, traders took profits as...
UK Inflation and London Stock Exchange!
Pound losing, FTSE goes slowly lower!Today is UK day with lots of economic data that we had, and Mr. Bailey's speech that will be a few hours later. However, the day started with positive sentiment from Asia, while yesterday also Wall Street closed h...
NFP Preview - Positive numbers expected!
How market should react to these data?Before we go and review the market expectations from February NFP numbers, we have first to look at the published ADP and Initial Jobless claims numbers on Wednesday and Thursday.Wednesday, the US Nonfarm Private...