DCFX-TA

DCFX-TA

The focus of British investors' attention remains the political crisis associated with the figure of Prime Minister Boris Johnson. Earlier, he admitted that he attended a party with members of the government in May 2020 and thereby violated the quarantine rules in force at that time. The media suggest that such parties may have been held more than once. Johnson's...

DCFX-TA

The euro was little changed on Friday as investors were grappled with a disappointing U.S. jobs gain and uncertainty around the potential impact of the Omicron coronavirus variant. Market participants viewed the payrolls report as not really altering the Feds plan to accelerate tapering of its asset purchases and possibly raise interest rates multiple times next...

DCFX-TA

Gold prices rose nearly 1% on Friday as uncertainty sparked by the Omicron coronavirus variant and a dip in U.S. Treasury yields boosted the safe-haven metals appeal.

DCFX-TA

Oil prices tumbled on Tuesday after Moderna's chief cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus variant, spooking financial markets and heightening worries about oil demand. Possible pullback before uptrend continuation in the following sessions.

DCFX-TA

Sterling strengthened on Tuesday against weakening dollar on the expectations that the BoE could raise interest rates faster than the European Central Bank. Markets are pricing in around 8 bps of an increase in interest rates by the Bank of England on Dec. 16. That has fallen from more than 12 bps at the start of last week. Investors perceive global central banks...

DCFX-TA

At the beginning of the week, the cryptocurrency market continued to grow, which allowed several leading assets to reach historic highs but then some of the positions were lost due to a sharp correction. The total market capitalization by the end of the week amounted to 2.814T dollars, the share of BTC decreased to 43.1%. Investors see digital coins as an...

DCFX-TA Updated 

Yesterday, quotes showed a sharp rise, leveling the negative dynamics of the beginning of the week and renewing local highs since September 23. The instrument was supported by not the most confident macroeconomic data from the US, as well as strengthening of technical factors at the end of the week and month. Additional support for gold was provided by the fact...

DCFX-TA Updated 

USD/CHF remains under pressure from the recently released minutes of the last meeting of the US Fed, which disappointed the markets. The decision to curtail the buyback of the bonds was postponed until November and no specific dates have been set.

DCFX-TA

The British pound is showing multidirectional trading dynamics against the US dollar, trying to gain a foothold below the psychological level of 1.3500. The new week on the foreign exchange market starts relatively calm, as the macroeconomic calendar is empty, and Friday's publications from the UK were largely offset by a generally positive report on the US labor...

DCFX-TA

USD has shown a moderate decline against CAD during the Asian session, developing mixed trading dynamics in the short term. Investors continue to focus on the situation with increased inflation, which forces the leading central banks of the world to act somewhat faster than the previously indicated timeframes. Thus, the US Fed and the Bank of Canada are already...

DCFX-TA

GBPJPY is trading in a narrow range of 158.22 and 156.86 for the past three days. The pair has lost more than 20 pips after dismal UK retail sales data. It has declined for the fifth consecutive month to -0.2% last month compared to a forecast of 0.60%. Possible downward movements in the following sessions.

DCFX-TA

EUR strengthens its position, despite the poor August data on the EU external trade. The trade surplus fell significantly from 20.7B to 4.8B euros, which was significantly worse than experts' expectations (16.1B euros). The countries of the Eurozone actively imported energy resources, the prices of which have noticeably increased recently, which was the main...

DCFX-TA

EUR demonstrates flat trading dynamics against USD during the Asian session, consolidating near new local lows since July 23, 2020, updated the day before. The instrument trying to go into corrective growth after a whole week of failures. One of the factors that would contribute to the recovery of EUR may be statistics from the eurozone on inflation. Analysts...

DCFX-TA

Oil markets climbed for a sixth day on Tuesday, boosted by a tighter supply and firm demand outlook, but power shortages in China which hit factory output tempered the rally. Possible correction in the following sessions.

DCFX-TA

Once you have successfully identified previous Price action with Market Structure and SMCs you can now look for potential Entries with the highest possible rewards. For Bearish Trend: Fib is drawn from Swing high to Swing low For Bullish Trend: Fib is drawn from Swing low to Swing high. It's always important to go with the trend and to avoid trading when...

DCFX-TA

Part 1 of this Educational content we looked at Market Structural behavior in reversal of trends. Part 2, we are going to take a look at SMCs. Important things to know about Wyckoff’s Schematics are. Always start of plotting Supply and Demand zones on HTF. Accumulation and Distribution should take place within HTF Supply and Demand zones. An...

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Part 1, We are going to look at how to identify a trend reversal using the Market Structure and BOS (Break of Structure). Important things to remember: 1. When the Market Structure is Bullish - Price will be breaking previous Swing Highs but respecting Swing lows. 2. When the Market Structure is Bearish - Price will be breaking previous Swing Lows but...

DCFX-TA

AUD has shown moderate gains against USD during the Asian session, correcting after a series of declines and trying to move away from local lows since August 24. The instrument is slightly supported by the minutes of the meeting of the Reserve Bank of Australia (RBA) published yesterday, which strengthened the market's belief that the Australian regulator will not...