Trade24Fx

Trade24Fx

EURUSD* Technical analysis**: Trend: -1 Trend power: -4 Overbought/Oversold : absent Preferable trade direction : sell Sell near 1,1940 with a stop loss above 1,2000 and a take profit near 1,1860. GBPUSD Technical analysis**: Trend : 0 Trend power: -3 Overbought/Oversold : absent Preferable trade direction : sell Sell near 1,3750 with...

Trade24Fx

The speeches of the head of the Treasury Department Jannette Yellen and the head of the Federal Reserve System Jerome Powell in Congress were main events of yesterday. Although there was no need to talk about any intrigue at all, because the texts of the speeches of both were published in the press in advance. And nothing new was there. All the same assurances...

Trade24Fx

EURUSD* Technical analysis**: Trend: 0 Trend power: -1 Overbought/Oversold : absent Preferable trade direction : sell Buy near 1,1860 with a stop loss above 1,1810 and a take profit near 1,1940. Sell near 1,1960 with a stop loss above 1,2000 and a take profit near 1,1860. Sell near 1,2040 with a stop loss above 1,2090 and a take profit near 1,1960. ...

Trade24Fx

The main event on Monday to be discussed in the financial markets was the dismissal of the next head of the Central Bank of Turkey. Erdogan has finally found a man who believes that high interest rates are the main reason for inflation and has rushed to appoint him to the post of head of the Central Bank. The reaction of the Turkish lira (the fall was measured in...

Trade24Fx

Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information...

Trade24Fx

Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information...

Trade24Fx

EURUSD* Technical analysis**: Trend: 0 Trend power: -2 Overbought/Oversold : absent Preferable trade direction : sell Buy near 1,1860 with a stop loss above 1,1810 and a take profit near 1,1940. Sell near 1,1960 with a stop loss above 1,2000 and a take profit near 1,1860. Sell near 1,2040 with a stop loss above 1,2090 and a take profit near 1,1960. ...

Trade24Fx

Last week wasn't easy for the financial markets. There were enough reasons for this: the meeting of the Central Banks of the United States, England and Japan. Also, the United States began to master Biden's stimulus package, but they were reminded of the price in the form of future tax initiatives. In addition, the third wave of the pandemic in Europe and the rise...

Trade24Fx

EURUSD* Technical analysis**: Trend: 0 Trend power: -1 Overbought/Oversold : absent Preferable trade direction : sell Buy near 1,1860 with a stop loss above 1,1810 and a take profit near 1,1940. Sell near 1,2040 with a stop loss above 1,2090 and a take profit near 1,1960. GBPUSD Technical analysis**: Trend : 0 Trend power: 0 ...

Trade24Fx

Regardless of the formally lesser importance, the Bank of Turkey surprise can be considered as the most interesting yesterday's event. Yesterday we wrote that the Central Bank is likely to raise the rate, and the market consensus was an increase of 1% to 18%. In fact, the Bank of Turkey decided to take preventive measures to combat inflation and immediately raised...

Trade24Fx

EURUSD* Technical analysis**: Trend: 0 Trend power: -1 Overbought/Oversold : absent Preferable trade direction : sell Buy near 1,1860 with a stop loss above 1,1810 and a take profit near 1,1940. Sell near 1,2040 with a stop loss above 1,2090 and a take profit near 1,1960. GBPUSD Technical analysis**: Trend : 0 Trend power: 1 ...

Trade24Fx

The main event of this week is that the Fed meeting ended and it was more than expected. Monetary policy parameters are unchanged, as is the plan for changing rates until 2023. Economic forecasts were also revised upward as expected: in 2021, GDP will grow by 6.5% and by 3.3% in 2022, compared with previous estimates of 4.2% and 3.2%, respectively. The meeting of...

Trade24Fx

EURUSD* Technical analysis**: Trend: 0 Trend power: -2 Overbought/Oversold : absent Preferable trade direction : sell Buy near 1,1860 with a stop loss above 1,1810 and a take profit near 1,1940. Sell near 1,2040 with a stop loss above 1,2090 and a take profit near 1,1960. GBPUSD Technical analysis**: Trend : 0 Trend power: 1 ...

Trade24Fx

The financial markets' attention in the first half of this week is on Biden's incentives, his plans for tax reform and Treasury bond yields, and also on the forthcoming meeting results announcement of the Federal Open Market Committee of the Federal Reserve today. In our opinion, the markets are trying to create an intrigue while there's none, yet. All this...

Trade24Fx

EURUSD* Technical analysis**: Trend: 0 Trend power: 0 Overbought/Oversold : absent Preferable trade direction : sell Buy near 1,1860 with a stop loss above 1,1810 and a take profit near 1,1940. Sell near 1,2040 with a stop loss above 1,2090 and a take profit near 1,1960. GBPUSD Technical analysis**: Trend : 0 Trend power: 1 ...

Trade24Fx

The excitement over a new $1.9 trillion stimulus package for the United States is not going to subside in financial markets. Keeping in mind 2020 and prices' reaction to economic stimulus, everything looks quite logical and reasonable. But for some reason no one thinks of whose expense the holiday is at and who will pay for it. After all, if everything is so...

Trade24Fx

EURUSD* Technical analysis**: Trend: 0 Trend power: 0 Overbought/Oversold : absent Preferable trade direction : sell Buy near 1,1860 with a stop loss above 1,1810 and a take profit near 1,1940. Sell near 1,2040 with a stop loss above 1,2090 and a take profit near 1,1960. GBPUSD Technical analysis**: Trend : 0 Trend power: 2 ...

Trade24Fx

The Biden stimulus package adoption by Congress and the bill signing by Biden were the main events of the past week. Some Americans received $1,400 in one-time cash assistance already this weekend, as a result. So, many analysts have revised their own forecasts for the US economy growth rate in favor of growth. The OECD, for example, more than doubled its...