During the past week (23–27 June), global investor sentiment remained upbeat, fuelled by expectations of an imminent Fed rate cut and a de-escalation of geopolitical tensions. The EUR/USD pair climbed to 1.1718. Gold dropped by approximately 2.3%, ending the week near $3,274 per ounce as demand for safe-haven assets declined following reports of calm in … Read more
We’ve all been there: staring at the seductive, flawless equity curve of a back test that promises untold profits. It’s the holy grail of trading, seemingly captured in a perfect algorithm that conquered years of historical data with mathematical precision. You invest your time, your hopes, and your hard-earned capital, launching the EA with high … Read more
Forex traders utilize Fibonacci retracements to aid in identifying possible key levels of support and resistance. These levels are used as guidelines for traders looking to enter or exit the market along with appropriate risk management techniques. HOW TO CREATE A FIBONACCI RETRACEMENT ON A FOREX PAIR Before delving deeper into practical examples, traders need to have a … Read more
Last week, markets traded in a mixed fashion amid persistent geopolitical risks and shifting macro expectations. The dollar kept its resilience, oil prices firmed up thanks to tension-related premiums, bitcoin saw volatile swings but remained in an uptrend, and gold stayed near record levels. In the coming week, traders will be watching for fresh US … Read more
Last week ended with sharp moves driven by geopolitical headlines: oil and gold rose significantly, while the euro strengthened within its range. In the coming week, traders will closely monitor developments in the Middle East and statements from major central banks, which could trigger a fresh wave of volatility or provide signals for profit-taking. 💶 … Read more
Wall Street’s roller coaster: May ends with strong rally A turbulent month came to a strong finish, as the benchmark S&P 500 closed Friday almost exactly where it started the day. Despite a choppy session, May delivered the index’s biggest monthly gain since November 2023. The Nasdaq showed a similarly impressive performance, posting its highest … Read more
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🌍 General Outlook The past week saw heightened volatility across financial markets, influenced by geopolitical tensions and shifting economic indicators. Gold prices surged amid renewed trade threats, while oil prices remained under pressure due to concerns over increased OPEC+ output. The euro strengthened against the dollar, and bitcoin experienced a modest pullback after reaching new … Read more
The past week was marked by high volatility across financial markets. Investors continued to assess macroeconomic signals, central bank decisions, and geopolitical developments. Currency pairs fluctuated within technical ranges, bitcoin corrected after a strong rally, while oil and gold showed mixed dynamics. The upcoming week may bring new impulses, especially in light of expectations regarding … Read more
At a meeting of EU foreign ministers on May 15, Sweden plans to invite the association to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement, which unites more than a dozen Pacific Rim countries. Swedish Foreign Trade Minister Benjamin Dusa noted that this would create the largest free trade area in the world, strengthening … Read more