FXMAG.COM - Bitcoin Forex Crypto Altcoins EUR/GBP Currency …
About Bitunix Bitunix is a global cryptocurrency derivatives exchange founded in 2021, committed to offering simple, secure, transparent, and cost-effective trading services to its users. Bitunix specializes in both spot trading and perpetual futures, with over 250 trading pairs and leverage of …
Brent Donnelly’s 25 Rules of FX trading - FXMAG.COM
Feb 18, 2021 · Brent Donnelly has been trading currencies since 1995 and is currently a senior FX trader at HSBC New York. He is the author of The Art of Currency Trading (Wiley, 2019). His new book: Alpha Trader: The Mindset, Methodology and Mathematics of Professional Trading hits the shelves in Q2 2021.He writes a widely-read and …
Navigating FX Markets: Late Cycle Dollar Strength Meets Carry …
Jun 9, 2023 · FX Daily: Late cycle dollar strength meets the carry trade. We see two key themes driving FX markets near term. The first is central banks continuing to battle inflation, yield curves staying inverted, and the dollar continuing to hold gains.
Unlocking the Power of Pivot Points in Forex Trading: A …
Jan 24, 2024 · The pivotal point (P) is calculated as the arithmetic mean of these values: P = (C + H + L)/3. Further calculations yield resistance and support levels: First Resistance (R1): R1 = 2*P – L. Second Resistance (R2): R2 = P + (H – L) Third Resistance (R3): R3 = P + (H – L)*2. Similarly, support levels (S) are determined: First Support (S1 ...
FX: Movement Of Major Currency Pairs This Week - FXMAG.COM
Dec 10, 2022 · Next week we will have another powerful breakthrough in this respect: besides the release of important reports, 4 major world central banks (USA, Switzerland, UK and eurozone) will announce their decisions on monetary policies.
28 September 2022 USD holds high ground - fxmag.com
Sep 28, 2022 · USDJPY tests key resistance The US dollar edged higher after Fed officials reiterated the need to keep tightening. The pair has recouped most of the losses from a previous liquidation, which suggests solid buying interest at 140.50 along the 30-day moving average.
2024 G10 FX Outlook: Navigating a Dollar Bear Trend and …
Nov 16, 2023 · A year ago writing for the 2023 G10 FX outlook, we were calling for less trend and more volatility. That worked for the first half of the year before a dollar bull trend took over. Based on our call for Fed easing next year, we now argue that G10 FX markets will be characterised by more trend – a dollar bear trend, that is – and less ...
Exploring Scenarios: EUR/USD Forecasts and Key Influencing …
Nov 16, 2023 · The above forecasts of course are built on many core assumptions. Using the most liquid FX pair, EUR/USD as the benchmark for the FX market in general, we see a range of outcomes in the 0.88 to 1.21 region. If you think US inflation will not allow the Fed to cut, if you think a local recession and return of the Maastricht criteria sparks a ...
The Dollar's Long Goodbye: Unraveling Trends and Shifting …
Nov 16, 2023 · The dollar’s long goodbye. This time last year we were forecasting fewer trends in global FX markets and more volatility. In fact, 2023 has proved a year of two halves: the first half more trendless and the second half characterised by a very orderly and powerful dollar bull trend. This dollar rally has been built on the exceptionalism of the ...
FX Market: Range Of 2023 The EUR/USD Pair Outcomes
Nov 16, 2022 · Volatility will stay high. Softening global activity and trade volume growth at less than 2% will likely limit the gains of pro-cyclical currencies in 2023. EUR/USD could be ending the year near 1.00. If the positive correlation between bonds and equity markets does break down next year, it will likely come through a bond market rally.