Tag: Trading strategies
GBPUSD Price Action Analysis: US CPI Data Impact on Rangebound Trading | Forexlive
The USD saw a rise in value last Friday after a strong US NFP report. This caused the market to adjust its expectations for rate cuts, aligning more closely with the Fed's projections. Moving...
US Stock Market Gains Boosted by Strong Jobs Data | Forexlive
US stocks saw a boost despite rising yields thanks to strong jobs data and a tentative agreement reached by striking dockworkers. Here's a breakdown of the closing levels:- The Dow industrial average increased by...
USD/JPY Rally Resumes Ahead of US Nonfarm Payrolls Report
The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with support at 145.80. This indicates a positive momentum for the...
Forexlive FX News Wrap: Stocks Close 5-Day Streak, FOMC Next Week
Stock Market PerformanceThe stock market closed out the week on a high note, with both the NASDAQ and S&P indices posting gains for five consecutive days. This streak of positive performance comes after a...
Mastering Prop Trading: Ultimate Guide for Traders | Forexlive
**Prop Trading: The Future of Online Trading**Trader funding has become a hot topic in the world of online trading, with prop trading emerging as a new and exciting way for traders to access capital...
Nasdaq Technical Analysis: Bullish Trend Continues Amid Risk-On Sentiment
Nasdaq Technical Analysis: Bullish Trend Continues Amid Risk-On SentimentThe Nasdaq has been experiencing a bullish trend in recent days, with positive news on the inflation front and a more dovish stance from the Federal...
S&P 500 Technical Analysis: Growth Scare Fading | Forexlive
The S&P 500 saw a strong bounce last week after positive US Jobless Claims figures calmed fears about the labor market following a weak US NFP report. This has led to a decrease in...
