Archive for Tag: Forex Trader

forex technical analysis

NZD/CAD WEEKLY TECHNICAL ANALYSIS

NZDCAD Technical Analysis: Weekly Chart In the weekly charts, NZDCAD is trading in a down channel. It is trading above 20 days SMA & below 50 and 100 days SMA. The immediate support is 0.8628 & the resistance level is at 0.8745. NZDCAD is trading in the down channel...

Read More
Dollar Index

Dollar Gains, Euro Slumps On the Back of Rising Crude Prices

Dollar Index is trading up 0.76% at 99.254 The U.S. dollar tracked higher while the euro slumped to a fresh low as soaring crude prices raised fears that the war in Ukraine will result in a stagflation shock, particularly to countries in Europe. At 3:20 AM ET (0820 GMT),...

Read More
Technical Analysis

NZD/CAD WEEKLY SCENARIO – March 04, 2022

NZDCAD Technical Analysis: Weekly Chart In the weekly charts, NZDCAD is trading in a down channel. It is trading above 20 days SMA & below 50 and 100 days SMA. The immediate support is 0.8631 & the resistance level is at 0.8762. NZDCAD is trading in the down channel...

Read More
Technical Analysis

NZDJPY: WEEKLY SCENARIO – 15 February 2022

NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in a down channel. It is trading above 100 days SMA & below 20 and 50 days SMA. The immediate support is 75.9728 & the resistance level is at 77.2594. NZDJPY is trading in the down-channel until...

Read More
Technical Analysis

GBPNZD: WEEKLY SCENARIO – 14 February 2022

GBPNZD Technical Analysis: Weekly Chart In the weekly charts, GBPNZD is trading in an up channel. It is trading above all SMA. The immediate support is 2.0291 & the resistance level is at 2.0534. GBPNZD is trading in the up channel until there is a trend reversal GBPNZD Technical...

Read More
BITCOIN

USDMXN: WEEKLY SCENARIO – 11 February 2022

USDMXN Technical Analysis: Weekly Chart In the weekly charts, USDMXN is trading in an up channel. It is trading below 20 and 100 days SMA & above 50 days SMA. The immediate support is 20.2524 & the resistance level is at 20.7336. USDMXN is trading in the up channel...

Read More
Technical Analysis

EURNOK: WEEKLY SCENARIO – 10 February 2022

EURNOK Technical Analysis: Weekly Chart In the weekly charts, EURNOK is trading in a down channel. It is trading below 50 and 100 days SMA & above 20 days SMA. The immediate support is 9.9481 & the resistance level is at 10.1497. EURNOK is trading in the down-channel until...

Read More
Forex Market Outlook

Dollar Largely Unchanged Ahead of Key Inflation Release

AUD/USD is trading up 0.26% at 0.7196 The U.S. dollar traded largely unchanged Thursday with the focus on the release of the latest U.S. inflation report later in the day which should provide clues about the pace of the Federal Reserve’s policy tightening. At 2:55 AM ET (0755 GMT),...

Read More

Johnson & Johnson forecasts $2.5 billion in COVID-19 vaccine sales this year

Johnson & Johnson (NYSE:JNJ) is trading up 0.94% at 168.45 Johnson & Johnson on Wednesday forecast just $2.5 billion in 2021 sales of its COVID-19 vaccine, which has fallen way behind rival shots from Pfizer and Moderna (NASDAQ:MRNA) as the company deals with vaccine production issues and safety concerns....

Read More

WHAT IS A FOREX? & HOW TO TRADE FOREX?

WHAT IS A FOREX? Forex is the marketplace where various world currencies are traded. The forex market is the largest and is the easiest to liquidate within the world, with trillions of dollars changing hands a day. there’s no centralized location, rather the Forex market is a network of...

Read More