GBP/USD started a recovery wave from a new low at 1.0341 and climbed above 1.1000. EUR/GBP is now facing a major resistance near 0.8870. Important Takeaways for GBP/USD and EUR/GBP· The British Pound started a fresh recovery wave above the 1.0920 resistance
The British Pound's tremendous freefall has been staggering viewing over the past few weeks. Just when it looked like it would not fall lower, a sudden further drop ensued, bringing the Pound to almost parity with the US Dollar and creating a degree of speculation that perhaps the US Dollar,
td {text-transform: none;} With the evolution of wireless and mobile networks, Forex trading is increasingly being conducted remotely. Developers of trading software are releasing more and more apps for various mobile platforms like smartphones, tablets, etc. There are many Forex and crypto trading apps on iPhone and Android, designed for
Gold price started a recovery wave from the $1,615 level. Crude oil price could gain bullish momentum if it clears the $82.50 resistance zone. Important Takeaways for Gold and Oil· Gold price found support near $1,615 and started a recovery wave against the US Dollar. · There was
ETHUSD: Bullish Engulfing Pattern Above $1257Ethereum was unable to sustain its bullish momentum and after touching a high of 1400 on 27th Sep the price started to decline against the US dollar. The price of Ethereum touched a low of 1266 on 28th Sep after which we can see a
Perhaps the greatest anomaly of this year remains why the US Dollar has held such a strong value against other major currencies given that the United States economy has been subjected to similar obstacles that have affected its peers in Great Britain and on the European Mainland. As this week
BTCUSD: Double Bottom Pattern Above $18566Bitcoin was unable to sustain its bearish momentum and after touching a low of 18279 on 21st Sep, the price has continued to escalate upwards and crossed the $20000 handle today in the European trading session. This upside break was long overdue and now marks
The doom and gloom that has surrounded the British Pound's seemingly endless fall from glory to almost parity with the US Dollar in its lowest point in recorded history has been a major consideration for traders across the world. A clear indicator of the dire straits that the British economy
The removal of the Gold Standard by the US Federal Reserve Bank in the early 1970s was the precursor to major currencies in Western nations being able to be printed at will or become subject to potential collapses in value as they morphed from being backed by a solid commodity
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
FXOpen UK: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
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