Super Thursday! Massive earnings day, US GDP, ECB raises rates, FX, crypto momentum stalls
US stocks are struggling for direction after a mixed bag of earnings was accompanied by economic data that supports the idea that the economy is wea…
Showing posts with the label stallsShow all
The USDCAD is higher again, but some upside resistance at 2022 high stalls the rally
Key level at 1.3160 - old trend line USDCAD backs off from 2022 highs The USDCAD moved to a high of 1.3207 today and in the process got wit…
AUDUSD got the break higher after holding some key support. Resistance target stalls rise.
Correct to the 38.2% of the move down from the August high AUDUSD holds floor support but stalls at 38.2% on correction In the morning fore…
Maybe it is a bottom, retail earnings impress, crypto rally stalls
If it looks like a bottom, acts like a bottom, and trades like a bottom, then it probably is a bottom. Bear market rally calls are suddenly becomi…
NZDUSD nearly erases it's declines and approaches a key technical target, but stalls
NZDUSD bounces back toward the 100 hour moving average The NZDUSD peaked in the Asian session at 0.6132 before rotating back to the downside. T…
RobotFX is creating Expert Advisors for METATRADER (MetaQuotes Language) ment to follow distinct profitable proven trading strategies.
Risk warning
Before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. We are not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Also, we are not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of our FLEX expert advisors. The content on this website is subject to change at any time without notice.
Forex trading involves risk. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
