Dear traders, Summer is almost over, and autumn is knocking on the door. But there’s no need to be upset. AMarkets has prepared yet another amazing offer for you – a 20% bonus on your deposit and 3 level cashback! To get your bonus: Deposit $300 or more into your account. Tell the manager the […] The post Step into the new season at a profit appeared first on All About Forex World ..read more

• AUDNZD reversed from resistance level 1.1165 • Likely to fall to support level 1.1100 AUDNZD currency pair is currently testing the resistance level 1.1165 (which has been steadily reversing the price from the start of June), strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 1.1165 will stop the […] The post AUDNZD Wave Analysis – 24 August, 2022 appeared first on All About Forex World ..read more

As is often the case, markets find themselves at important turning points ahead of significant scheduled events. One of the latter is the Monetary Policy Symposium in Jackson Hole, which starts later this week. This resort’s signs could break the Dollar’s rise or accelerate it by removing the final obstacle. In FX, the Dollar index […] The post Will Jackson Hole strengthen the Dollar? appeared first on All About Forex World ..read more

Market picture Bitcoin has added 2% in the past 24 hours to $21,400. Ethereum added 4.6% to $1640, while top altcoins added between 0.9% (Dogecoin) and 4.4% (Polkadot). Total cryptocurrency market capitalization, according to CoinMarketCap, rose 2.2% to $1.03 trillion overnight. The Cryptocurrency Fear and Greed Index fell 3 points to 25 by Wednesday and […] The post Crypto market’s fragile stability appeared first on All About Forex World ..read more

 • CHFJPY reversed from resistance level 143.10 • Likely to fall to support level 140.60 CHFJPY currency pair recently reversed down from the key resistance level 143.10 (which has been reversing the pair from the end of June) intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 143.10 stopped the […] The post CHFJPY Wave Analysis – 23 August, 2022 appeared first on All About Forex World ..read more

• EUR50 falling inside active correction 4 • Likely to fall to support level 3575.00 EUR50 index recently reversed down from the powerful resistance level 3800.00 (which has been reversing the price from the end of April). The resistance zone near the resistance level 3800.00 was strengthened by the upper daily Bollinger Band and the […] The post EUR50 Wave Analysis – 22 August, 2022 appeared first on All About Forex World ..read more

• EURAUD reversed from support level 1.44 • Likely to rise to resistance level 1.4740 EURAUD currency pair recently reversed up sharply from the powerful support level 1.4400 (which previous stopped the sharp downtrend in April, as can be seen below). The upward reversal from the support level 1.4400 started the active minor correction 2. […] The post EURAUD Wave Analysis – 17 August, 2022 appeared first on All About Forex World ..read more

The statistics released from China today raise concerns about the economy’s near-term prospects, preventing the USDCNH from bucking the uptrend. July data showed a slowdown in retail sales growth from 3.1% y/y to 2.7%, in stark contrast to the average forecasted acceleration to 5.0%. Industrial growth slowed from 3.9% YoY to 3.8% vs 4.5% expected. […] The post Chinese economy slowdown spooks markets and presses CNY appeared first on All About Forex World ..read more

The US stock market recorded the third week of gains, allowing the Nasdaq100 to add 2.1% and overcoming several meaningful resistances, potentially clearing the way for a further leg up. At the same time, local technical overbought conditions have accumulated. Much of the growth is centred around expectations of a Fed move, which may not […] The post Impressive Nasdaq100 march hits obstacles on Wednesday appeared first on All About Forex World ..read more

US consumer inflation slowed to 8.5% in July from 9.1% a month earlier. As we had pointed out, the fact was noticeably lower than the forecasted 8.7%, and this caused an immediate market reaction. FedWatch Tool showed the market’s estimate of a 75-point hike in the Fed Funds rate at the end of September fell […] The post The inflation wheel has turned, hitting the dollar appeared first on All About Forex World ..read more