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Support and resistance explained One of the most foundational aspects of technical analysis is support and resistance levels. These levels are key as they offer traders obvious places to limit and define their risk. There also represent places that price should not go if a trader has correctly analyzed their trade. Take your trading to
Forex news from the European trading session – 19 September 2018 Headlines: Markets: AUD leads, CHF lags on the day European equities mixed, FTSE MIB leads losses Gold up 0.38% to $1,202.93 WTI down 0.10% to $69.78 US 10-year yields flat at 3.055% Bitcoin up 0.03% to $6,319 Markets started the session with a risk
Comments by BOJ governor Haruhiko Kuroda following the BOJ monetary policy decision earlier in the day Have maintained YCC policy in this meeting Maintained negative yield policy, 10-year JGB yields target Japan’s economy is expanding moderately Global growth is also continuing Expects domestic economy to keep expanding Sees positive economic cycle going forward Expects CPI
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
Forex and Bitcoin news for Asia trading Tuesday 18 September 2018 US President Trump announced additional tariffs on $200B of Chinese goods. He added also that if china retaliated he’d impose tariffs on a further 267bn of imports. ‘Risk’ came under pressure with AUD one the bigger losers (not a huge drop). As the session
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;