This website is free for you to use but we may receive commission from the companies we feature on this site. A report released Forex news by MNI Indicators on Wednesday showed its reading on Chicago-area business activity was little changed in the month of August.

Price Action Support and Resistance While price action presents a somewhat objective framework for traders to work with, identifying workable zones of support and resistance requires a bit of subjectivity. European stock markets followed Asian and Wall Street peers to tread in the red zone as renewed anxiety surrounding inflation Forex and a painful inflation combat drowned world markets. Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of August. ADP said private sector employment rose by 132,000 jobs in August after jumping by 268,000 jobs in July.

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MOSCOW -The rouble firmed towards 60 against the dollar on Monday, supported by the last month-end tax payments that boost demand for the Russian currency, while stocks… USD was the biggest loser this week as traders priced in a potentially less aggressive Fed going forward after potential signs of peak inflation conditions. It’s shaping up to be another busy week in the forex market, as a handful of CPI reports and the U.S. Dailyfxupdate.com- DotBig LTD Our goal is to provide traders with all the information and tools they need to trade successfully. Our team of professional traders has been testing Forex brokers for over 12 years and has helped millions of traders find the right broker. The major European markets continued their recent downward trend on Wednesday, shrugging off a higher opening by moving quickly into the red and eventually finishing solidly lower.

By Peter Nurse Investing.com – The U.S. dollar pushed higher in early European trade Friday ahead of Federal Reserve Chair Jerome Powell’s eagerly-awaited speech at the central… By Karen Brettell NEW YORK – The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted a hawkish tone to battling inflation, but did not settle… By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Tuesday, falling back from a 20-year peak, as attention turns towards Europe, with… By Peter Nurse Investing.com – The U.S. dollar drifted lower in early European trade Wednesday, retreating from the 20-year peak seen earlier in the week as a nascent rebound in… The precious metal is heading for a fifth consecutive monthly loss and is now nearing an important, longer-term zone of support. Keep abreast of market opportunities in the FX markets with insights, actionable trade ideas and support.

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Forex trading involves significant risk of loss and is not suitable for all investors. By Karen Brettell NEW YORK – The U.S. dollar index hit a five-week high and posted its biggest weekly gain since April 2020 on Friday as investors adjusted for the… By Gertrude Chavez-Dreyfuss NEW YORK -Speculators’ net long positioning on the U.S. dollar rose in the latest week, while net shorts on the euro increased, according to… By Peter Nurse Investing.com – The U.S. dollar climbed https://www.forexlive.com/ to fresh highs Monday, with Federal Reserve policymakers retaining a hawkish stance over monetary policy ahead of the central… By Ambar Warrick Investing.com– China’s yuan fell on Wednesday amid concerns that a power shortage in Sichuan could further dent industrial activity, while fears of a hawkish… By Karen Brettell NEW YORK – The dollar gained against a basket of currencies on Wednesday, holding near a 20-year high as investors waited for a Friday speech by the…

• AUD saw buyers after sentiment data from Australia, in a week where most traders were focused on central bank rhetoric from Jackson Hole.
• By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Tuesday, falling back from a 20-year peak, as attention turns towards Europe, with…
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• Spotgoldfell to a fresh monthly low of $1,709.61 a troy ounce, maintaining the red but off the mentioned low at the time being.
• Trading Triangles in Price Action In triangle formations, this is a level that’s expected to be broken with enough persistence from buyers or sellers .

By Ambar Warrick Investing.com– Asian currencies moved little on Tuesday as investors weighed potential risks from a hawkish Federal Reserve and strong dollar, while the… By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trade Wednesday after more hawkish Fed comments, while the euro continued to languish below parity. Stay up-to-date on breaking https://www.venostech.com/dotbig-ltd-review/ as well as relevant financial developments. Spotgoldfell to a fresh monthly low of $1,709.61 a troy ounce, maintaining the red but off the mentioned low at the time being. The dollar surged throughout the first half of the day but lost steam following the release of tepid US employment-related data.