About: luna
Recent Posts by luna
Intermediate 4: A guide to using moving average in predicting market turning points
Being a trader is not an easy job because you need to learn all the strategies necessary to help you make the right decisions on every trading day. One of these is knowing how to predict market turning points. Although the market can shift quickly, predictions will give you a better chance of getting good Continue Reading
Week Ahead: OPEC, Non-farm payrolls and ISM Services PMI
This week will bring several major economic indicators to watch out for, including the release of the US Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings. The US JOLTS report for August and ISM Manufacturing PMI and ISM Services PMI will also be released. Other crucial data releases include Switzerland’s Consumer Price Index and Continue Reading
Week Ahead: US Initial Jobless Claims, CB Consumer Confidence, Canadian GDP
This week will see a much lighter schedule of data releases compared to last week. Some significant releases to watch out for include the CB Consumer Confidence and Core PCE Price Index in the US and the Gross Domestic Product in Canada. US CB Consumer Confidence | 27 September 2022 The US Consumer Confidence Index Continue Reading
Week Ahead: Central Banks in Focus as Markets Await Next Steps
Four central banks will announce their interest rate decisions this week, with the Fed’s decision and its monetary policy the main focus. Data releases from the US, Australia, Canada, Germany, the UK, and France will also take place this week. Australia Monetary Policy Meeting Minutes | 20 September 2022 The Reserve Bank of Australia raised Continue Reading
Spreads in forex
Whether you are learning to trade forex for the first time or you have already spent years honing your FX strategy, spreads are something you need to know about. These important data points give you insight into how much your positions will cost, as well as offering other indications of market conditions. But this is Continue Reading
