Gold got immediately congested within the $1,837 – $1,855 region following last week’s bounce off the $1,805 low. The 20- and 200-day simple moving averages (SMAs) at $1,841 and $1,818 respectively, have limited the yellow metal’s near-term advances coupled with the 23.6% Fibonacci retracement level at $1,837. The immediate focus for the commodity in the…
Get Ready for a Wild Ride: EUR/CHF Set to Challenge Key Support Level! The Swiss Franc Surges as Market Reacts to SNB’s Policy Shift Hey there fellow forex enthusiasts! If you’re trading the EUR/CHF pair, you better buckle up because things are about to get bumpy. The Swiss franc has been on a winning streak…
The “R” word: How Recessionary Winds are Impacting the Economy The “R” word is being used more and more as recessionary winds start blowing more loudly through economic data and the price actions across the asset markets. The fear of an economic downturn is palpable, as businesses and consumers brace themselves for potential challenges ahead….
Technical Analysis In Forex Trading Introduction Many people mistakenly believe that trading forex is akin to gambling, but in reality, it is far from it. With the plethora of tools available in every broker platform for analyzing the markets and studying potential market directions, trading forex is a strategic and data-driven endeavor. Understanding Technical Analysis…
Important Deadline Approaching: Protect Your Investment in Spero Therapeutics Inc. Insights from Top Global Investor Counsel, Rosen. NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) — As an investor, it is crucial to stay informed about important deadlines that could impact your investments. One such deadline is quickly approaching for shareholders of Spero Therapeutics Inc. With…
The Importance of Choosing IIROC Regulated Forex Brokers in Canada Why Regulation Matters in Forex Trading When it comes to trading forex, it’s crucial to ensure that your broker is regulated by a reputable organization. In Canada, the Investment Industry Regulatory Organization of Canada (IIROC) is the main regulatory body overseeing forex trading. This means…
Louisville’s Churchill Downs Incorporated Closes a Major Deal A New Chapter for CDI It’s official—Churchill Downs Incorporated (“CDI”) has just closed a significant deal that is set to shape the future of the company. This news, announced on June 17, 2022, marks a pivotal moment for CDI and its stakeholders. The Nasdaq-traded company’s latest move…
The Stock Market Selloff: Separating Fact from Fiction Examining the Impact of the ‘Triple Witching’ Event The recent selloff in the stock market has left many investors feeling anxious and uncertain about the future of their portfolios. However, could it be possible that the market reaction has been overdone and exaggerated? Some experts believe that…
