Forex
Forex Flash: Short EUR/USD, target around 1.26
Saxo Bank sell signal last Friday, activating a short trade by the bank toward the end of the UK trading day at 1.28419, placing a stop at 1.29355 bid, John Hardy, Head of FX Strategy at Saxo Bank notes.
EURUSD moved below Saxo Bank sell signal last Friday, activating a short trade by the bank toward the end of the UK trading day at 1.28419, placing a stop at 1.29355 bid, John Hardy, Head of FX Strategy at Saxo Bank notes.
Mr. Hardy adds: “Note that there is obviously considerable risk with the events ahead for next week for all USD positions, including especially the US presidential election on Tuesday and as the results are tallied on Wednesday and beyond. The target is open for now, but the model will begin to look to take profit on half of the position somewhere below 1.2600.”
via Forex Flash: Short EUR/USD, target around 1.26 – Saxo Bank.
Forex
Leverage from Forex Brokers & How Beginners Can Benefit from It
In this post, we will tell you what to look for when choosing a broker in order not to fall into a financial trap and how to benefit from dealing with such companies.
Recent statistics show that the number of people willing to invest in the stock market is steadily growing from year to year.
(more…)Forex
How to Trade the EUR/USD Currency Pair: Professional Tips
The behaviour of the EUR/USD pair is a kind of indicator showing the comparative condition of the US and EU economies. If the US economy steadily grows, and problems arise in the EU, the EUR/USD decreases.
EUR/USD is one of the most popular currency pairs for Forex trading. Since the beginning of trading in 1999, the currency pair has undergone significant changes. For the first two years, the future for the euro was uncertain and the quotation was declining, reaching a minimum of 0.8200.
(more…)
China’s economy stumbles on power crunch
BEIJING (Reuters) – China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks...
Quarantine-Free Thailand Reopens for Vaccinated Tourists From 1 November 2021
The Tourism Authority of Thailand (TAT) would like to confirm that Thailand is all set to welcome fully vaccinated foreign...
The ASEAN-India Trade in Goods Agreement
The ASEAN-India Trade in Goods Agreement (the “Agreement”) is a trade deal between the ten member states of ASEAN and...
Bangkok lifts more COVID-19 restrictions
In response to the Royal Thai Government’s announcement to relax more COVID-19 controls in the dark-red zone provinces, which include...
Thailand lifts curfew in ‘Blue Zone’ destinations from 31 October 2021
Bangkok, 22 October, 2021 – The Tourism Authority of Thailand (TAT) would like to provide an update that the night-time...