Apple and IBM CEOs join Trump’s advisory board to make sure AI doesn’t kill jobs
Two prominent tech leaders are joining President Donald Trump’s advisory board to direct the future of workforce policy, the U.S. Department of Commerce announced Wednesday. Apple CEO Tim Cook and IBM CEO Ginni Rometty are among the 25 members appointed...
GBP/USD Outlook: Roller Coaster Action on High Volatility; Weak CPI Weighs; 100SMA Remains Key
Cable hit daily low at 1.2870 in early American session on Wednesday, on fresh weakness from daily high at 1.2958, hit after sizeable buy order was triggered minutes before noon fix. Sterling returned to bearish mode after UK inflation dropped...
GBPAUD Slide Stops Around 20-day SMA; Positive Risks Not Faded Yet
GBPAUD is recording the third day of losses after a failed attempt to break significantly above the 1.8340 resistance level last Friday. Chances for a short-term reversal are increasing as the price is dropping below the 20-day simple moving average...
Top 5 Benefits of Using Entry Orders in Forex Trading
Entry orders are a valuable tool in forex trading. Traders can strategize to come up with a great trading plan, but if they can’t execute that plan effectively, all their hard work might as well be thrown out the window....
Dollar Trying to Rebound on CPI, Risk Appetite Continues
Strong risk appetite remains the main theme for today on trade optimism. Though, Dollar is trying to steal the show in early US session with stronger than expected inflation data. For now, Yen remains the weakest one for today. Euro...
XAU/USD Is Supported By SMAs
During Tuesday’s trading session, the yellow metal was trading between the 200-hour and the 100-hour SMAs. During Wednesday’s morning hours, the 100-hour simple moving average supported the rate at the 1,310.50 mark. In regards to the near-term future, it is...
Bank of England FX data show shift to options for hedging
Strong growth in options trading highlighted in the latest FX data from the Bank of England is indicative of a move away from the use of forwards and swaps for hedging, say market participants. The Foreign Exchange Joint Standing Committee...
Russian retail lending growth sparks overheating fears
A sharp rise in retail lending in Russia over the last 18 months has raised fears that the sector could be heading for a second crisis in less than a decade. Growth in the segment came to a standstill in...
Long vs Short Positions in Forex Trading
Understanding the basics of going long or short in forex is fundamental for all beginner traders. Taking a long or short position comes down to whether a trader thinks a currency will appreciate (go up) or depreciate (go down), relative...
AUDUSD Pares Some Losses In Short Term, Hits 40-Day SMA
AUDUSD has been paring some of the previous days’ losses since yesterday, following the rebound on the 0.7050 support level. Currently, the price is challenging the 40-simple moving average (SMA) in the daily timeframe, successfully surpassing the 23.6% Fibonacci retracement...
Signal2forex.com - Best Forex robots and signals




