ADP Report (Today): -33,000 jobs in manufacturing & goods-producing sectors Overall ADP employment report: weaker than expected ➡️ Normally, that would imply a soft NFP tomorrow. ⸻ So Why Are People Saying NFP Will Be “Hot”? There are 3 key reasons why some traders are still expecting a strong NFP despite a weak ADP: ⸻ 1. ADP ≠ NFP • ADP is NOT a reliable...
Shorting EUR/USD means you expect the euro to weaken against the U.S. dollar. In other words, you believe the dollar will gain strength or the euro will lose value — or both. Reasons traders might short EUR/USD: • The U.S. economy is performing better than the eurozone. • Interest rates are rising faster in the U.S. than in Europe. • Political or economic...
The DXY (U.S. Dollar Index) measures the strength of the U.S. dollar against a basket of major world currencies — mainly the euro, yen, pound, Canadian dollar, Swedish krona, and Swiss franc. What it tells you: • If DXY rises → The dollar is getting stronger overall. • If DXY falls → The dollar is weakening. Why DXY matters: • It reflects global demand for...
Shorting EUR/USD means you expect the euro to weaken against the U.S. dollar. In other words, you believe the dollar will gain strength or the euro will lose value — or both. Reasons traders might short EUR/USD: • The U.S. economy is performing better than the eurozone. • Interest rates are rising faster in the U.S. than in Europe. • Political or economic...
Buy bias Reasons might include: *Market Uncertainty: Investors often turn to gold when there’s fear or instability. *Technical Signals: Charts may show patterns suggesting upward movement. *Demand for Safety: In times of tension or bad economic news, gold is seen as a safe place to hold value.
🧭 Trade Bias Moderately Bullish, but with caution due to high volatility and upcoming macroeconomic events. 📊 Technical Strategy •Trend Analysis: Identify the dominant trend on higher timeframes (daily/weekly). Stick with the trend unless strong reversal signals appear. •Support & Resistance: Mark key horizontal zones based on recent price reactions. Wait for...
Trading EUR/USD (Euro/US Dollar) is important for several reasons: 1. Liquidity: It’s the most traded currency pair in the world, meaning it’s easy to enter and exit trades quickly with minimal price slippage. 2. Volatility: It offers enough movement for traders to find good opportunities without extreme unpredictability, making it suitable for many...
XAU/USD refers to the exchange rate between gold (XAU) and the U.S. dollar (USD). It shows how much one ounce of gold is worth in U.S. dollars. Investors and traders often use this pair to track the price of gold in relation to the strength or weakness of the U.S. dollar. Gold is seen as a safe-haven asset, so its price tends to rise when there is economic...
XAUUSD is currently at a high point, with many expecting a declining in the near future. The market is showing signs that the recent strength in gold might not be sustainable, and a pullback could be on the horizon. Traders are anticipating potential shifts in sentiment that could lead to a downward movement, especially as attention turns to upcoming economic...
The NAS100, also known as the Nasdaq 100, is a stock market index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market. It primarily represents technology and innovation-driven companies, such as those in sectors like technology, healthcare, consumer services, and industrials. The index is often used to gauge the performance...
XAU/USD represents the price of gold in relation to the US dollar and is one of the most traded commodities in global financial markets. It is influenced by factors such as inflation, interest rates, geopolitical events, and central bank policies, making it a key asset for investors seeking stability during economic uncertainty. Gold often acts as a safe-haven...
NAS100, also known as the Nasdaq-100 Index, is a stock market index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market. It is heavily weighted toward technology stocks, making it a popular choice for traders and investors who focus on the tech sector. Key Features of NAS100: • Composition: Includes major companies like...
GBPUSD - Definition and Characteristics. The British pound and the US dollar are the two currencies that make up the currency pair known as GBPUSD (British Pound/US Dollar). The reader is informed by the currency pair how many US dollars (the quote currency) are necessary to buy one British pound (the base currency).
XAU/USD is the label for spot gold traded on the foreign exchange market. Gold (XAU) is traded against the US dollar (USD), and its price represents the cost of one ounce of gold in USD. XAU/USD is traded on the forex marketplace like any traditional currency pair.
XAU/USD represents the price of gold in U.S. dollars and is a key asset in global financial markets. Gold is often seen as a safe-haven investment, reacting to economic uncertainty, inflation, and central bank policies. The pair is influenced by the U.S. dollar’s strength, interest rates, and geopolitical events. When the dollar weakens, gold prices typically...
The S&P 500 adds over $1 TRILLION of market cap and officially posts its best day of 2025.
NVIDIA Corporation (ticker: NVDA) is a leading technology company specializing in graphics processing units (GPUs) and artificial intelligence (AI) solutions. As of March 11, 2025, NVIDIA’s stock is trading at $110.74, reflecting a 3.76% increase from the previous close. Recently, NVIDIA’s stock has experienced notable fluctuations. On March 10, 2025, the stock...
XAU/USD is the label for spot gold traded on the foreign exchange market. Gold (XAU) is traded against the US dollar (USD), and its price represents the cost of one ounce of gold in USD. XAU/USD is traded on the forex marketplace like any traditional currency pair.