Dollar stays in control so far on the day 0 (0)

<p style=““ class=“text-align-justify“>After the early bids in the dollar to start the session, things have been fairly calmer in European trading today. The hotter core inflation reading in the Eurozone CPI report did push regional bond yields higher for a brief period, before easing a little. 10-year German bond yields moved to 2.76% before retreating back to 2.72% now, just marginally higher on the day.</p><p style=““ class=“text-align-justify“>That said, 10-year Treasury yields are still holding above the 4% mark – now seen at 4.02% – and that is enough to keep the dollar underpinned. USD/JPY did saw a pushback against its key technical level <a target=“_blank“ href=“https://www.forexlive.com/news/usdjpy-looks-for-further-upside-correction-on-higher-yields-20230302/“ target=“_blank“ rel=“follow“>here</a> to 136.25 but is now trading back up by 0.4% to 136.70 on the day.</p><p style=““ class=“text-align-justify“>The momentum is still mostly in the dollar’s favour, with equities still struggling. S&P 500 futures are down 13 points, or 0.3%, but it must be said that it was down by as much as 31 points earlier in the session.</p><p style=““ class=“text-align-justify“>Still, the dollar is higher across the board with EUR/USD down 0.3% to 1.0630 – just above the <a target=“_blank“ href=“https://www.forexlive.com/Orders/fx-option-expiries-for-10am-new-york-cut-20230302/“ target=“_blank“ rel=“follow“>large option expiries</a> today. Meanwhile, GBP/USD is down 0.4% to 1.1980 after testing key levels outlined <a target=“_blank“ href=“https://www.forexlive.com/news/gbpusd-faces-pressure-at-key-technical-levels-once-again-20230302/“ target=“_blank“ rel=“follow“>here</a>. Against the antipodeans, AUD/USD is down 0.4% to 0.6732 while NZD/USD is down 0.6% to 0.6225 at the moment.</p><p>For now, the bond market remains in charge and we’ll have to see if that hold above 4% in 10-year Treasury yields can stay the course through to US trading later.</p>

This article was written by Justin Low at www.forexlive.com.

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A quick technical analysis for natural gas futures: Is a bearish breakdown imminent? 0 (0)

<p>Technical uptrend shows natural gas has been ripping lately </p><p>For the past week, natural gas futures have been on a tear, climbing 35% in that time, and continuing to gain steam, currently up 32% after eight trading days. Even yet, an hourly technical analysis suggests we may be at the brink of a formation of a bearish trend.</p><p>In spite of the fact that the market is still moving upwards within a channel, a bear flag is forming and resistance is slanted in a negative direction. The bear flag’s four upward pushes and subsequent plunge near the flag’s bottom band suggest a bearish breakdown is possible, but others may disagree with this interpretation.Betting on a breakdown of the bear flag and taking a short position is warranted due to the favorable reward-to-risk ratio. channels like the one shown in the 1 hour timframe in the NG technical analysis video, can be plotted on charts to help traders decide where to place trades. Keep in mind, though, that this is just a starting point; any trades made based on it will be done so at your own risk.Those who want more evidence can wait for a probable breakdown, then wait for a retest, and then take the short position. If the retest is finished and the market starts moving down again, even to half way, the bearish trend is likely to continue.If the bearish trend persists, traders can profit by locking in a profit just above the February 28 low, moving their stop loss down, and locking in another profit after a reward-to-risk ratio of 1.35. The most recent high can be used to set a stop order, giving the short roughly a 2:1 reward-to-risk ratio on the entire position. More aspiring traders can go for more than 6.5 reward vs. risk ratios as shown in the video.All things considered, traders should keep a sharp eye on the market for signs of a bearish breakdown. As always, trade at your own risk and visit <a target=“_blank“ href=“https://www.forexlive.com/technical-analysis“>ForexLive.com technical analysis</a> for additional views.</p>

This article was written by Itai Levitan at www.forexlive.com.

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The crypto market tries to buck negative 0 (0)

<p>Market Picture</p><p>Cryptocurrency
market capitalisation fell 1.2% overnight to $1.07 trillion. This level has
been the focus of attention since Sunday, reflecting the consolidation of the
participant’s strengths. The cryptocurrency fear and greed index is back in the
50s. </p><p>Since
January, periods of greed are alternating with a neutral
sentiment, not fear.</p><p>Bitcoin
continues to find support as it falls to 23k, an impressive result amid falling
markets and a stronger dollar. The first cryptocurrency remains virtually
unchanged, effectively fighting off the strong headwinds that pushed the
Nasdaq100 back five weeks ago.</p><p>Significant
signal levels on the way down for Bitcoin appear to be around $22.7K, where the
50-day moving average and the local lows from late last week are concentrated.
If this support fails to hold, the next major stop is not expected until
$21.5K, negating February’s bullish momentum.</p><p>Ethereum is
sandwiched between resistance in the 50-week average (near $1690) and the
50-day average (near $1600). A bearish victory in this local battle could
trigger a quick pullback to $1400.</p><p>Background news</p><p>France is
set to tighten licensing rules for cryptocurrency companies. The country’s
lower house of parliament has approved a set of new regulations for the
licensing and registration of cryptocurrency companies. If the bill is passed,
the changes will take effect from July 2023.</p><p>Major
stablecoin issuers, united in the Stablecoin Standard group, have announced
work to create a common set of standards to increase consumer confidence in
digital assets.</p><p>The Gamium
blockchain project’s GMM token surged 650% after it announced a partnership
with Meta and Telefonica as part of the Metaverse Activation Programme
initiative. The joint programme between the giants aims to empower and scale
startups in the Metaverse and Web3 space.</p><p>This article was written by <a target=“_blank“ href=“https://www.fxpro.com/“ target=“_blank“ rel=“follow“>FxPro</a>’s Senior Market Analyst Alex
Kuptsikevich.</p>

This article was written by FxPro FXPro at www.forexlive.com.

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XAU/USD Technical Analysis 0 (0)

<p>On the daily chart below, we can
see that the market has switched to a downtrend as depicted by the cross to the
downside of the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-moving-averages-20220425/“>moving
averages</a>. The sellers are in control, but the buyers have been fighting quite
hard lately as the momentum to the downside has been fading due to the market
awaiting March economic data to see if the February data was just a blip due to
seasonal factors or the Fed has indeed slowed its rate hike cycle too early. </p><p>Gold is sensitive to the
direction of real yields as when those go up the price of gold generally falls
and vice versa. The market repricing higher interest rates weighed on gold due
to hot economic data in February, so if we keep getting strong economic reports
in March, gold is likely to fall further. </p><p>On the 4 hour chart below, we can
see that the selling momentum was fading going into March as depicted by the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-divergence-20220429/“>divergence</a> between the price and the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-macd-20220427/“>MACD</a>. It will be crucial now to watch
the economic data, because technically the price now can rally all the way up
to the 1902 level as the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-trendlines-20220406/“>trendline</a> was breached. </p><p>The moving averages have also
crossed to the upside signalling a change in the short-term trend. Today we
have the <a target=“_blank“ href=“https://www.forexlive.com/EconomicCalendar“>ISM Manufacturing PMI</a> and if the report comes out
strong, then this upward move from yesterday may have been just a fakeout, but
if the data misses expectations, we should see another rally. </p><p>On the 1 hour chart below, we can
see more closely the breakout from yesterday. The red long period moving
average and the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>support</a> at 1828/1830 will be the last
line of defence for the buyers. If the price falls below the trendline and the
support zone, then the breakout would translate into a fakeout and a bigger
selloff should follow. </p>

This article was written by ForexLive at www.forexlive.com.

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Bailey’s lack of conviction puts a drag on the pound 0 (0)

<p style=““ class=“text-align-justify“>Against the dollar, the pound briefly erased its gains for the day in a fall to 1.2013, before keeping around 1.2040 levels now – still up 0.2% on the day. But against the rest of the major currencies bloc, the pound is now the other laggard after Bailey’s remarks <a target=“_blank“ href=“https://www.forexlive.com/centralbank/boes-bailey-further-rate-hikes-may-be-appropriate-but-nothing-is-decided-20230301/“ target=“_blank“ rel=“follow“>here</a>. The bounce in GBP/USD was also perhaps more technical, with buyers holding at the key hourly moving averages:</p><p style=““ class=“text-align-justify“>Meanwhile, EUR/GBP is seen up 0.7% now to 0.8855 while GBP/JPY is falling back under its key daily moving averages, down 0.2% to 163.29 at the moment. For some context, the latter traded to as high as 164.50 earlier in the session.</p>

This article was written by Justin Low at www.forexlive.com.

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BOE’s Bailey: Further rate hikes may be appropriate but nothing is decided 0 (0)

<ul><li style=““ class=“text-align-justify“>I would caution against suggesting either that we are done with rate hikes, or that we will inevitably need to do more</li><li style=““ class=“text-align-justify“>Inflation has been slightly weaker, and activity and wages slightly stronger; emphasis is ’slightly‘ in both cases</li><li style=““ class=“text-align-justify“>If we do too little on interest rates now, we will only have to do more later on</li></ul><p style=““ class=“text-align-justify“>Dude has to learn to pick a lane. You’re the governor of the BOE. Geez. I know they are put in a tough spot towards the end of the tightening cycle but c’mon, you gotta have more conviction than this.</p>

This article was written by Justin Low at www.forexlive.com.

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USD/CHF Technical Analysis 0 (0)

<p>On the daily chart below, we can
safely say that we got a successful breakout of the falling channel. The whole
channel was <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-divergence-20220429/“>diverging</a> with the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-macd-20220427/“>MACD</a> and it’s likely that we may see
a big correction all the way up to the top of the channel at 0.96. </p><p>Before that though, the buyers
had to fight with a break of the 0.9287 <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>resistance</a> and are now struggling at the
0.9400 handle. If they manage to firmly break the 0.94 level, then the 0.96
handle will the next target. The <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-moving-averages-20220425/“>moving
averages</a> switched to the upside signalling a change in trend and will act as <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>support</a> for the buyers. </p><p>On the 4 hour chart below, we can
see that the buyers will have two strong support areas for another push to the
upside. The first comes at the orange <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-trendlines-20220406/“>trendline</a> where the confluence with the
38.2% <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-using-fibonacci-retracements-20220421/“>Fibonacci
retracement</a> level will give them a good spot to lean on with
defined risk. </p><p>In case the sellers manage to
break below the trendline, the next support will be at the 0.9287 level which
acted as strong resistance prior to the breakout. The buyers there will have
also support from the blue trendline and the daily red long period moving
average. </p><p>On the 1 hour chart below, we can
see a possible <a target=“_blank“ href=“https://www.forexlive.com/Education/chart-patterns-guide-20220125/“>double
top</a> pattern
right at the 0.94 handle. The neckline coincides with the 38.2% Fibonacci
retracement level, so a break below would give the sellers conviction for a
deeper correction to the 0.9287 level as it would be the measured target of the
chart pattern. </p><p>Today we have the <a target=“_blank“ href=“https://www.forexlive.com/EconomicCalendar“>ISM Manufacturing PMI</a> and this is generally a market
moving report. Since the “good news is bad news” now due to the market
repricing higher interest rates from the Fed, we should see a rally in case the
data beats expectations and a bigger fall in case we see a miss.</p>

This article was written by ForexLive at www.forexlive.com.

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FlowBank Delivers the Best Trading Conditions on over 50,000 Financial Products 0 (0)

<p>FlowBank is delivering on its mission to offer seamless
access to a broad range of financial opportunities globally at the most
competitive prices. An innovator in the banking field, the online bank
challenges the status quo by putting the equal sign between transparency,
variety of financial products and cost-effective diversification. </p><p>Offering a smooth onboarding experience and exposure to more than
50,000 financial instruments, including stocks, ETFs, funds, CFDs, <a target=“_blank“ href=“https://www.flowbank.com/products/forex?utm_source=direct-booking&utm_campaign=DB-WW-enForex_Live-0&utm_content=&utm_term=&utm_medium=article“ target=“_blank“ rel=“follow“>Forex</a> and more, the bank caters to all types of investors and
traders. </p><p>What sets FlowBank apart from its competitors is its exclusive
offering of zero commission on Swiss stocks and ETFs and the lowest spreads on
over 4,500 CFD products. </p><p>Most importantly, the financial institution offers its services
under its Swiss Financial Market Supervisory Authority (FINMA) license, which
is one of the most prestigious financial licenses, giving traders the sense of
stability and reliability that only a Swiss bank can offer. Upon account
opening, FlowBank clients also receive a Swiss IBAN safeguarding their funds up
to CHF100,000, under the company’s esisuisse deposit insurance. </p><p>The best
trading conditions</p><p>The essence of bank’s value proposition for traders and investors
is rooted in its Swiss DNA and is reflected by its ability to offer the best
trading conditions in the industry. Beginner investors and experienced traders
can enjoy equal access to all FlowBank’s trading instruments. It is the only
bank to offer commission-free trading on Swiss stocks and ETFs and the lowest
commissions in Switzerland on US equities. For CFD traders, it offers
ultra-competitive spreads on over 4,500 CFD instruments with no commissions.</p><p>Investors looking to take advantage of these attractive conditions
can have their transfer fees reimbursed up to CHF 750 when switching to
FlowBank from another bank or broker. </p><p>Trading
platforms for every type of investor</p><p>FlowBank offers traders
a choice of platforms. From its streamlined mobile only FlowBank app to its
advanced trading platform FlowBank Pro the company makes no compromise on
functionality. Additionally, clients can
use these applications interchangeably. The bank also offers its clients the
chance to trade on both MT4and MT5.
As an incentive to get started with MetaTrader, it is currently offering a USD
300 trading bonus for all new clients. </p><p>FlowBank is
making sure its platforms are continuously upgraded and equipped with the
newest tools and features by gathering feedback and insights from its clients
and reflecting it into more powerful solutions every time. Traders today have a
wide range of choices and high expectations when it comes to their financial
partner. Through its offering and technology suite, FlowBank aims to exceed
them. </p><p>A
client-centric approach</p><p>FlowBank is
committed to building trust and loyalty with its clients by serving them as
they would expect to be served, no matter their size. From its quick and
efficient onboarding process to its intuitive mobile and desktop trading
platforms, FlowBank is raising the bar. </p><p>The company’s multilingual support team takes every step to ensure
that each client’s questions are answered 24/6. Clients can get support via
phone, email, chat, and through social media channels. </p><p>About
FlowBank</p><p>At FlowBank we are on a mission to be the leader in banking and
trading services, committed to serving our clients with passion and
transparency. We deliver the tools to help individual investors reach their
financial goals. With FlowBank people can invest with no minimums and learn
about investing through educational content via our market insights blog, daily
newsletters, and social-first content. </p><p>FlowBank was founded in 2020 by CEO Charles Henri Sabet, with
headquarters in Geneva and an office in Zurich, the bank currently employs 120
people. The bank provides online investing and trading services and access to
over 50,000 financial products at the best prices. It was recently found to be
the most competitive trading provider in Switzerland by Neue Zürcher Zeitung.
FlowBank is licensed by the Swiss Financial Market Supervisory Authority
(FINMA) and a member of esisuisse. It is also a member of the Swiss Bankers
Association. </p>

This article was written by ForexLive at www.forexlive.com.

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Learning to Trade Using a Brokerage App 0 (0)

<p>Brokerage
apps are mobile applications that individuals use to manage their investments
and trade securities, such as stocks, bonds, and mutual funds. These apps are
provided by online brokerage firms that facilitate securities buying and
selling for their clients.</p><p>Users can
open and manage brokerage accounts, access market data, and research reports to
make informed investment decisions. They can also place, buy, and sell orders
for securities and track their portfolio performance in real time.</p><p>Overall, brokerage
apps offer a user-friendly and accessible way for individuals to participate in
investment opportunities, especially in the stock market. Below, we’ll share
more information about how brokerage apps like Pocket Option can teach you how
to trade.</p><p>How Do I Learn to Trade?</p><p>To learn how
to trade in the market, consider the following steps. First, it’s important to
research the markets and the securities you’re interested in trading, including
different investment strategies and risk management techniques. </p><p>Next, you
should choose a user-friendly brokerage app that suits your needs and has a
variety of securities to trade, low fees, and reliable customer support.</p><p>After
choosing an app, you’ll have to open an account and provide your personal
information. This includes information such as your name, address, and social
security number to complete the account setup process.</p><p>After your
account is set up, you’ll need to fund it by linking your bank account or
credit card to the brokerage app. It’s a good idea to start by practicing with
a demo account, which many brokerage apps offer. </p><p>This allows
you to trade with virtual money before investing real money, getting you
comfortable with the app’s trading platform and enabling you to test out
different investment strategies.</p><p>Once you’re
ready to start trading with real money, you can place your first trade on the
app. It’s essential to start with a small investment and gradually increase it
as you become more experienced. </p><p>Additionally,
you should monitor your investments regularly to stay up to date on market
trends and any changes in the performance of your securities.</p><p>Finally,
remember that trading always involves some level of risk, so it’s important to
do your research, set realistic expectations, and have a plan for managing your
investments. With practice and experience, you can develop your trading skills
and become a successful investor using a brokerage app.</p><p>How Can Pocket Option Help Me Trade?</p><p>Gembell
Limited established Pocket Option in 2017 and is now a binary options trading
platform with a strong reputation for reliability among its over 10 million
registered users from more than 100 countries.</p><p>Pocket
Option offers high/low options and over 100 assets, including cryptocurrencies,
stocks, and currencies. It is a beginner-friendly broker with smooth customer
support and device compatibility for web and mobile platforms. </p><p><a target=“_blank“ href=“https://pocketoption.app/“ target=“_blank“ rel=“follow“>Pocket Option Demo</a> is also available for
newbies, which can help you learn how to trade without having to invest any
real money.</p><p>The
International Financial Market Relations Regulation Centre (IFMRRC) licenses
and regulates Pocket Option. They provide traders with various risk management
tools, including stopping losses and taking profits, which protects investments
and maximizes returns. </p><p>In addition,
pocket Option is innovative in that it tracks financial metrics related to its
trading operations, such as trade volume, payouts, and overall financial
performance.</p><p>Ultimately,
Pocket Option offers competitive payouts and a variety of assets to trade for
both new and experienced traders. With a convenient platform and favorable
trading conditions, Pocket Option is an excellent digital broker for traders of
all levels.</p><p>Conclusion</p><p>Brokerage
apps are a great way to learn to trade if you’re new to the concept, especially
if you go with a platform like Pocket Option. To begin trading, download a
reputable app with the tools you need to get started.</p>

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