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Tag - Forex Technical Analysis

Oil Prices Extend Losses on Supply Concerns

Oil prices extended losses on Friday morning as U.S. officials indicating that it would be difficult to refill the Strategic oil reserves and continued uncertainty around OPEC production levels adding pressure to the...

Gold Pinned Near YTD Low as Focus Turns to US NFP

Gold struggles to recovery holding near two-month low on Thursday weighted by the hawkish comments of Federal Reserve Chair Jerome Powell and better-than-expected US labor data. Gold prices held steady just above their...

Types of Forex Charts and How to Read Them

Forex charts help traders analyze the market and anticipate what could happen next. They are a visual representation of a currency pair’s price over a set period of time. Learning how to read forex charts is a very...

Weekly Market Outlook: Fed and BoE Set for More Hikes

Weekly Market Outlook – Central bank meetings will be the center of attention as all US Fed, Bank of England, Swiss National Bank and Bank of Japan meet this week. A rate hike is expected from both the Fed and...

Five Tricks to Improve your Fibonacci Trading Skills

Fibonacci retracement levels are derived from the Fibonacci sequence where each included number is the sum of the previous two. Fibonacci retracements are used in forex trading to anticipate future price movements and...

Weekly Market Outlook: US Data in Focus 

Weekly Market Outlook – The Russian-Ukrainian war will continue to weigh on global markets this week in the absence of central banks meetings and major data releases. Meanwhile, it is a busy week for the US markets...

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