News
Analysis
7x24
Quotes
Economic Calendar
Video
Data
- Names
- Latest
- Prev
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Hi there! Are you ready to get involved into the financial world?
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Market Trend
Popular Indicators
Latest Update
How to Make Forecasts with Pre-trained Machine Learning Models?
Curious about my trading success with a self-trained Decision Tree model on US stocks? Stay tuned for valuable insights and a test script of the strategy for your reference!
Full Course: Optimize Parameters for Machine Learning Model that Gives a Sharpe Ratio 5% +
Today, we delve into how to optimize machine learning model parameters to triple your invested capital and achieve an impressive Sharpe ratio of 5%+ in just 350 trades.
Full Course: Begin Mining in 10 Minutes
Think you need a super-powered computer to mine crypto? Not at all! Your trusty home computer can do the job just fine. I'll show you how to start mining from the comfort of your own home.
Full Course: How to Auto-Generate Triangle Patterns
Triangle patterns serve as crucial reference signals within the realm of trading, and today I am thrilled to unveil a remarkably efficient tool that expedites the detection of trading signals.
Business
White Label
Data API
Web Plug-ins
Tools
Awards
View All
No data
Market Trend
Popular Indicators
Latest Update
How to Make Forecasts with Pre-trained Machine Learning Models?
Curious about my trading success with a self-trained Decision Tree model on US stocks? Stay tuned for valuable insights and a test script of the strategy for your reference!
Full Course: Optimize Parameters for Machine Learning Model that Gives a Sharpe Ratio 5% +
Today, we delve into how to optimize machine learning model parameters to triple your invested capital and achieve an impressive Sharpe ratio of 5%+ in just 350 trades.
Full Course: Begin Mining in 10 Minutes
Think you need a super-powered computer to mine crypto? Not at all! Your trusty home computer can do the job just fine. I'll show you how to start mining from the comfort of your own home.
Full Course: How to Auto-Generate Triangle Patterns
Triangle patterns serve as crucial reference signals within the realm of trading, and today I am thrilled to unveil a remarkably efficient tool that expedites the detection of trading signals.
Business
White Label
Data API
Web Plug-ins
Tools
Awards
Reminders Temporarily Unavailable
Rules for using redeem codes:
1. The activated redeem code cannot be used again
2. Your redeem code becomes invalid if it has expired
FastBull Membership Privileges
Quick access to 7x24
Quick access to more editor-selected real-time news
Follow more assets
You can add more assets to your watchlist to follow more real-time quotes.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
During Wednesday trading session, the US dollar rallied, recently approaching both support and resistance levels at the 135 yen level.
134.773
Entry Price
136.700
TP
133.583
SL
192.7
Pips
Profit
133.583
SL
136.700
Exit Price
134.773
Entry Price
136.700
TP
The GBP has been performing well in recent days, buoyed by strong PMI data. This has led investors to monitor the market closely for any potential opportunities. There is currently a pullback on the support level, which could present an entry point for those looking to go long. However, it is important to wait for a price action signal before making any moves. The target for the GBP is the next resistance zone or the next daily level at 165.2.
162.000
Entry Price
165.000
TP
161.000
SL
221.2
Pips
Profit
161.000
SL
164.212
Exit Price
162.000
Entry Price
165.000
TP
The GBP made considerable gains on the back of Wednesday's economic data. Nevertheless, the UK still faces a series of poor economic fundamentals and the GBP is expected to continue to weaken. However, the Federal Open Market Committee minutes considered a 50-basis-point rate hike, which could curb sluggish market sentiment.
1.21084
Entry Price
1.18400
TP
1.24000
SL
110.2
Pips
Profit
1.18400
TP
1.19982
Exit Price
1.21084
Entry Price
1.24000
SL
The USDCAD rose for the second day in a row on Wednesday and tested its highest level since January. On Tuesday, Canada's weak January inflation report and the drop in oil prices weakened the CAD and kept it afloat. Before the release of the minutes of the key FOMC meeting, the hawkish expectation of the Federal Reserve is favorable for the USD bulls.
1.35238
Entry Price
1.37500
TP
1.34000
SL
62.5
Pips
Profit
1.34000
SL
1.35863
Exit Price
1.35238
Entry Price
1.37500
TP
The current "super" accumulation is temporary, and the favorable demand side is the dawn in the long term.
74.800
Entry Price
82.500
TP
71.800
SL
126.7
Pips
Profit
71.800
SL
76.067
Exit Price
74.800
Entry Price
82.500
TP
Precious metals risks are fully released, and it is suitable for going long at lows on silver unilaterally, or short the gold-silver ratio
21.800
Entry Price
23.300
TP
20.500
SL
130.0
Pips
Loss
20.500
SL
20.490
Exit Price
21.800
Entry Price
23.300
TP
Gold bears approached intraday lows during two consecutive days of declines, dampening Friday's rally from a seven-week low. Escalating tensions around the "anniversary" of the Russia-Ukraine conflict is supporting risk aversion in the USD. The equally important Global Purchasing Managers Index and the Fed's meetings' minutes are looking for a clear direction in the general bearish bias on gold prices.
1831.34
Entry Price
1802.00
TP
1852.00
SL
66.1
Pips
Profit
1802.00
TP
1824.73
Exit Price
1831.34
Entry Price
1852.00
SL
Chandan Gupta
Analyst
BeingTrader Trading Coach & Speaker, a Technical Analyst since last 7 years. I am a charting lover.. I started my career as a P2P Crypto trader and started learning candle movements and trends all by myself. My style of trading consists of Support/Resistance, Order Blocks, Trends, very little pattern findings and Price Action.
Ranking
7
Articles
69
Win Rate
40.38%
P/L Ratio
1.70
Focus on
XAUUSD, USDJPY, GBPUSD
Gold Traders Navigate Fed Caution Amidst Inflation Concerns
PROFIT +110.7 PipsBritish and US Data Dictate GBP/USD Destiny
PROFIT +40.7 PipsGold Struggles by Testing Resistance at $2200 Barrier
LOSS -39.5 PipsSterling Exhibits Dead Cat Bounce in GBP/USD Forex Pair
PROFIT +29.9 PipsCrude Oil Weekly Outlook Shows Minor Retreat From Recent Highs
LOSS -137.0 PipsThe risk of loss in trading financial assets such as stocks, FX, commodities, futures, bonds, ETFs or crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No consideration to invest should be made without thoroughly conduct your own due diligence, or consult with your financial advisors. Our web content might not suit you, since we have not known your financial condition and investment needs. It is possible that our financial information might have latency or contains inaccuracy, so you should be fully responsible for any of your transactions and investment decisions. The company will not be responsible for your capital lost.
Without getting the permission from the website, you are not allow to copy the website graphics, texts, or trade marks. Intellectual property rights in the content or data incorporated into this website belongs to its providers and exchange merchants.