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
Oil prices rebounded after hitting a six-month low in early August, rising sharply this week, driven by a series of supportive factors including unexpected supply disruptions and a weaker USD. This rally in oil prices is expected to likely continue. However, technical graphs are giving short-term continued bearish signals.
91.731
Entry Price
87.400
TP
96.500
SL
112.7
Pips
Profit
87.400
TP
90.604
Exit Price
91.731
Entry Price
96.500
SL
The pound underperformed after the release of the UK's Q2 GDP report. Monthly UK statistics show that the economy rose 0.1% in the second quarter, with annual growth falling to 2.9% from 8.7%. Economic growth declined by 0.6% during the month, half of what was expected.
1.21830
Entry Price
1.20800
TP
1.22500
SL
--
Pips
EXPIRED
1.20800
TP
1.17948
Exit Price
1.21830
Entry Price
1.22500
SL
In the last two trading sessions, the gains in gold have narrowed. The indicator RSI showed negative divergence continuously. Then, the downside risk of gold increased in the short term.
1787.80
Entry Price
1750.00
TP
1834.00
SL
75.8
Pips
Profit
1750.00
TP
1780.22
Exit Price
1787.80
Entry Price
1834.00
SL
The euro's recent rise has been driven by the market's focus on the dollar, with the euro itself in a weak state. As the market prices in expectations of a rate hike by the Fed in September, it is necessary to be wary that this round of gains in the euro may reverse at any time.
1.02731
Entry Price
1.03497
TP
1.02332
SL
14.9
Pips
Loss
1.02332
SL
1.02582
Exit Price
1.02731
Entry Price
1.03497
TP
On August 12, the UK Office for National Statistics released data. June UK GDP fell by 0.6% month-on-month compared to estimates of a 1.2% decline; second quarter GDP grew by 2.9% year-on-year and fell by 0.1% quarter-on-quarter. UK manufacturing output rose by 1.3% year-on-year in June, compared to expectations of 0.9%. UK June manufacturing output fell by 1.6% month-on-month, compared to an expected decline of 1.8%. The fundamentals are bullish for the GBP in the short term. In the medium term, on Thursday (August 6), in an attempt to curb high inflation, the BoE implemented the sharpest single rate hike in 27 years. It also warned investors that the UK could fall into recession as soon as this year and that the current round of inflation could peak even higher. With the BoE expecting the UK economy to fall into recession in the fourth quarter, the recovery in the GBPUSD could be the result of bullish short-term fundamentals, which eased market concerns.
1.21280
Entry Price
1.23330
TP
1.20020
SL
126.0
Pips
Loss
1.20020
SL
1.19977
Exit Price
1.21280
Entry Price
1.23330
TP
In the current round of cryptocurrency rallying, Bitcoin, which is the cryptocurrency with the largest market value, performs relatively weakly. The recent rally in bitcoin is already slowing down, and the market may see a sharp fall in the coming sessions.
24200.0
Entry Price
23000.0
TP
25200.0
SL
1000.0
Pips
Loss
23000.0
TP
25204.0
Exit Price
24200.0
Entry Price
25200.0
SL
Slowing U.S. inflation may have provided the opportunity for the Fed to slow the pace of interest rate hikes, but policymakers have made it clear they will continue to tighten monetary policy until price pressures are fully released. The market only expects a change in the rate hike in September, and this expectation will continue and gradually weaken in a short period. The expectations, however, for the path of interest rates have not changed.
105.559
Entry Price
104.678
TP
106.000
SL
5.2
Pips
Loss
104.678
TP
105.611
Exit Price
105.559
Entry Price
106.000
SL
Eva Chen
Analyst
Master of Economics, 8 years in the financial industry, CFA holder, joined HSBC (Hong Kong) Bank in 2013 after graduating from the University of California, USA in the Investment Research and Markets Department. With years of financial market experience and trading experience, having provided excellent investment advice to many brokerages, entity derivatives importers and clients in Greater China.
Ranking
1
Articles
1051
Win Rate
70.96%
P/L Ratio
0.50
Focus on
WTI, XAUUSD, GBPUSD
Bulls and Bears in Equilibrium Suggest Caution in Trading
PENDINGCorrection or Reversal?
TRADINGEnd in Sight for Weeks-Long US Stock Sell-Off?
TRADINGTriangle Consolidation Signals Opportunities for Buying Low and Selling High
LOSS -230.0 PipsContinued Bearish Momentum Signals Opportunities for Shorting at Highs
TRADINGThe 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.