Day: February 7, 2019

Trading the SP500 CFD with the open range breakout strategy

07.02.2019

After on January 4, FED chairman Powell emphasized that the FED is listening carefully to markets, making it clear that it can change its policy and is prepared to adjust it quickly and flexibly. Many market participants started to wonder what this rhetoric would mean, not only in terms of the rate hike cycle in […]

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Market Analysis: USD/CAD reacts to the Ivey PMIs today – will they disappoint?

07.02.2019

Today our focus will be on the USD/CAD. The loonie gained some momentum against the greenback after USD/CAD traded as high as 1.3660/3670 at its highest levels since May 2017. Source: Economic Events February 6, 2019 – Admiral Markets’ Forex Calendar Oil prices were an influence over the last few weeks, which recovered a little […]

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