High timeframes are less risky, they show a wider picture of the market filtering market noise and allowing to earn more. However, this knowledge is not enough to succeed on high timeframes.
Information is not investment advice
British retail sales data is the main market driver of the day. Check levels for GBP/USD, EUR/GBP, AUD/USD, NZD/USD.
US-China agreement was priced in. Thus, markets are calm. The only important event of the day is US retail sales level.
Check key levels for GBP/USD, EUR/USD, XAU/USD, and AUD/USD.
Economic news can provoke big ups and downs in currency pairs…
American iInflation data may affect the USD. Safe-haven assets are down ahead of the agreement between the US and China.
How did the US-Iran conflict end and what were the consequences for oil and gold prices? We examine these and other important events of the Forex market in the weekly market outlook from FBS, giving an outlook for the coming days and the ways to use it…
Most of the majors didn't catch the chance to rise against the USD after the weaker-than-expected NFP release. Currently, the sentiment is determined by the signing of the US-China trade agreement.
American trade balance and ISM Non-Manufacturing PMI may affect the US dollar. As a result, major pairs may change their direction.
The new year has started with the escalation of tensions between the United States and Iran…
The market sentiment is still off due to the Iran-US tensions.The Japanese markets are open after the holidays. As a result, markets are open with a gap.
The market sentiment is off due to the Iran-US tensions.