#MarketUpdate 📈
- #Bitcoin sets new All-Time High $50,515.
- #DowJones , #SP500, #NASDAQ climb to new all-time highs as rally continues.
- #GBPUSD en route 1.4000 following vaccine optimism & plans to unlock UK.
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A simple moving average (#SMA) helps smooth out price volatility, in order to predict the current price trend of an asset.
It allows for quick decision making, without the need to attempt complex calculations. Here are 3 easy strategies using SMA.
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The Monetary Policy Committee voted by a majority of 5-4 to increase #BankRate to 0.5% and voted unanimously to begin to reduce the amount of quantitative easing. Find out more in our #MonetaryPolicyReport: https://t.co/UT5RX7qzHv
#MarketUpdate📊
Reports of new restrictions to combat #Omicron sent #GBPUSD south, dropping to 1.32020
#EURUSD trading at 1.12935
#XAUUSD near one week highs - trading at $1792.36
Gold benefited from a weaker dollar as traders express caution over US #inflation data
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#MarketUpdate📊
Austria announced a new #lockdown, Germany considering the same, causing #EURO to fall
#EURUSD trading 1.12833
#XAUUSD fell to $1839.29 after hawkish FED talk The bond purchasing programme to end sooner than expected
#GBPUSD trading at 1.34397
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#MarketUpdate📈
#UK#inflation hit 10 year highs today
#CPI rose to 4.2% YoY with high #energy prices and supply chain disruptions the main contributors
#GBPUSD trading at 1.34315
#XAUUSD trading at $1860.23
#EURUSD fell to 1.13140 as #EU inflation matched expectations
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#MarketUpdate📈
#DXY rose slightly to 94.11 ahead of key US CPI data, which could provide more information on how quickly the #FED will hike interest rates
#EURUSD trading at 1.15766
#GBPUSD trading at 1.35399
#XAUUSD trading at $1826.58 after topping $1830 yesterday
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#Marketupdate 📈📊
#EURUSD has risen to 1.15708 after falling to 1.15350 on Friday
#XAUUSD is currently up to 1784.05
#GBPUSD has fallen to multi week lows, trading at 1.36600 this morning
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#Marketupdate 📊📈
#Crude & WTI hit multi year highs this morning
#WTI topped $84.323 before dropping to $83.952
#XAUUSD hit $1803.70 before slipping to $1799.41
#DXY trading at 93.75
#EURUSD trading at 1.16256
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#MarketUpdate 📈📊
#EURUSD currently sitting at 1.16595
#DXY down 0.42%
#GBPUSD trading at 1.37955.
#XAUUSD trading at $1780.92
Investors will be keeping a key eye on UK inflation, more updates on Wednesday
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