The news moves the market. But how much, and why?
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THE TRADER’S MINDSET: THE HIDDEN SIDE OF SUCCESS IN FOREX
What role does STP Trading play during critical market conditions?
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#US30 1D
The index is currently trading within a key support zone. The corrective phase is expected to end at this level, potentially marking the beginning of a bullish phase.
If the price breaks below this support, the bearish trend could continue toward lower levels.
#forex
The annual inflation rate in Germany came in at 2.9% in August, the Federal Statistical Office (Destatis) confirmed in its final report released on Thursday. The figure was slightly higher than the 2.8% observed in July and matched the preliminary report.
#forex#stptrading
📊Technical Analysis
#USDCAD H4
The bearish trend is expected to continue toward the identified support levels, followed by the possibility of a trend reversal and the beginning of a bullish trend.
If the support zone is broken, the bearish trend is likely to continue.
#USDCAD
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❗️ Gold Plunges $82 in Just One Minute!
Following the release of the US Nonfarm Payrolls (NFP) report, gold prices plunged $82 in just one minute.
Market forecast: 56,000 new jobs
Actual figure: 162,000 new jobs
#xauusd#trade#forex
#GBPUSD 1H
Bullish Scenario Once the current corrective phase comes to an end, the recent bullish wave is expected to continue
Bearish Scenario: If the current support zone is broken, the way will be open for further decline and continuation of the bearish trend
#forex
📊 BTCUSD | 1H
After the bullish breakout, BTC may enter a correction toward key support zones before resuming its uptrend.
⚠️ A break below support could trigger further downside.
#BTCUSD#Bitcoin#Crypto#Trading
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