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They are b-book broker. They never send your trades to liquidity provider. They only want your losses and are big scammers. High slippage. Trading specially with gold is in made such a way that you will eventually loose all your capital. You can imagine slippage since often your account goes to negative. They hedge all your positions which results in eventually your loss. They are only interested in your losses. Platform freezing is also big problem with them. So be careful. Use at your own risk "!
Despite recently reaching an all-time high of 5,669, the S&P 500's monthly chart is on track to end July with a bearish shooting star candlestick pattern, snapping a two-month bullish phase. Follow-through selling on the chart could see the unit trade as far south as support at 4,776.
Meanwhile, on the weekly chart, last week ended in a bearish engulfing...
Upcoming Earnings:
PepsiCo, Inc. (ticker: PEP) is scheduled to report earnings before the market opens on 11 July. The consensus Earnings Per Share (EPS) estimate for the fiscal quarter ending June 2024 is $2.16. The reported EPS for the same quarter a year prior was $2.09.
Ichimoku Indicator Suggests Bearish Movement for the Stock
Since forming a top at...
The Bank of Canada (BoC) will take centre stage tomorrow at 1:45 pm GMT. Alongside the rate decision, the central bank will deliver the rate statement and the Monetary Policy Report, released quarterly and providing investors with a glimpse of what the central bank expects in Q3. This offers investors invaluable insight into the central bank’s thinking on future...
Upcoming Earnings
Alphabet Inc. (ticker: GOOG) is scheduled to report earnings after the market closes on 23 July. The consensus Earnings Per Share (EPS) estimate for the fiscal quarter ending June 2024 is $1.85. The reported EPS for the same quarter a year prior was $1.44.
Price Action Nearing Ichimoku Cloud
The stock is poised to register its first losing...
Ichimoku Support Calling Dip Buyers
Following the Dow Jones Industrial Average (Dow) refreshing all-time highs on Thursday at 41,414, the day ended as a bearish outside reversal.
While the bearish outside reversal could trigger an extended retracement slide, all of the Ichimoku Indicator’s signals are bullish. For example, price action is trading firmly...
Following on from last week’s spot silver chart (XAG/USD), local trendline resistance, etched from the high of $32.51, stood its ground, eventually forcing the precious metal south of neighbouring support from $30.73 (now marked resistance) and longer-term trendline support (drawn from the low of $22.31).
You may also acknowledge that price action on the daily...