Traders Blog - Analysis, Strategies, News and more: Tag - Forex Indicators
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...
Weekly Outlook, 7-11 Feb.
Calm after the storm After two long and stormy weeks, now it is time to pause a bit with a light week and try to digest the published data. Last week we were surprised several times by central banks` decisions in the United Kingdom and Eurozone and E...
New rules and Sterling!
The cable is under 1.32, the first time since last December!UK and coronavirus had interesting stories these days for media. While Prime Minister Boris Johnson for a week was denying the holding of any party last Christmas, finally, he apologized for...