Rising fever in meme stocks

Rising fever in meme stocks

What are meme stocks? The year 2021 has brought something new to the market the so-called meme stocks. These are the stocks on hype everyone is talking about them and retail in...
Is there a new trend ahead for USD?

Is there a new trend ahead for USD?

4H Chart Daily Chart The Federal Reserve kept the current policy as widely expected. However, the surprise came from the Dot Plot. In the March meeting, only 7 me...
EUR/USD: calm before storm on Thursday

EUR/USD: calm before storm on Thursday

What will happen? Traders cant wait for Thursday to come! Why? Two significant events will be out: the US inflation report and the ECB policy decision. They will probably shake ...
The CAD May Rise on Economic Data

The CAD May Rise on Economic Data

What will happen? Canada will publish a GDP growth for April on June 30 at 15:30 MT time (GMT +3). This is one of the most important economic indicators. It shows the change in ...
Gold failed once again

Gold failed once again

4H Chart Daily Chart XAU/USD chart Gold regained above $1900/Oz during yesterdays trading, reaching as high as $1910 but it failed to sustain these gains during th...
Gold reached our retracement target

Gold reached our retracement target

4H Chart Daily Chart XAU/USD chart Gold prices tumbled during the first trading day of the week declining to as low as 1844 USD/Oz. However, it was able to trim...
China: the Worst Has Passed with Forex?

China: the Worst Has Passed with Forex?

China released GDP: good or bad? 15 July, China released the data about the national gross domestic product. GDP growth in the 2nd quarter of 2021 was 7.9% comparing with the sa...
Trade ideas for July 19-23 with Forex

Trade ideas for July 19-23 with Forex

We will remember the past week for the surge in the US inflation and the soothing comments of the Federal Reserves Chair Jerome Powell. Which news and trade opportunities await us ...
Gold is oversold in the short term

Gold is oversold in the short term

4H Chart Daily Chart XAU/USD chart Gold declined below its 1769 key support area yesterday and posted the lowest level since April 15 around 1755 USD/Oz, which ...
Pending orders for EUR/USD

Pending orders for EUR/USD

4H Chart Daily Chart EUR/USD chart EUR/USD traded within a tight range since the mid of last week with no significant action. However, the euro managed to test ...
Technical analysis for EUR/USD

Technical analysis for EUR/USD

EUR/USD found support at 1.1845 and is currently trading just below the 61.8% Fibonacci retracement of the March-May advance at 1.1920. Below 1.1845 support lies at 1.1820 (78.6% F...