Check out this week's Forex Forecast - trading forextrading
in Forex / CFD trading is highly likely to depend mostly upon, and not on the exact methods you might use to determine trade entries and exits.
So, when starting the week, it is a good idea to look at the big picture of what is developing in the market as a whole, and how such developments and affected byThere are a few valid long-term trends in the market right now, which might be exploited profitably. Read on to get my weekly analysis below.March that the best trade opportunities for the week were likely to be:Long Bitcoin against the USD following a daily close above $30,000.
US Final GDP data – this came in slightly lower than expected for the previous quarter, showing the US economy grew at an annualized rate of 2.6% compared to the 2.7% which had been expected. Canadian GDP data – the Canadian economy rebounded strongly from the previous month’s contraction, with GDP rising by 0.5%, exceeding the widely expected rate of 0.4%.
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GBP/USD succumbs as market players buy US Dollars on weekly, quarter, and monthly-end flowsThe Pound Sterling (GBP) traded with decent losses in the mid-North American session, pressured by a resurgence of the US Dollar (USD), trimming its T
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Weekly deals roundup: Record Galaxy S23 Ultra discount, dirt-cheap tablets, and moreSamsung's Galaxy S23 Ultra is massively discounted, the Moto G Power (2021) is ridiculously cheap, two different Lenovo tablets are on sale at lower-than-ever prices, and... that's just the beginning of this week's huge deals roundup.
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Gold Price Forecast: XAU/USD to hit $2,050 towards year-end – ANZGold is supported by weaker USD and easing inflationary pressures. Economists at ANZ Bank forecast XAU/USD at $2,050 by the end of the year. Silver t
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