Albert Einstein Secret Made Easy.
This is what we have shared in one of the 12 trading workshops (covering Trading Psychology, Financial Astrology, WD Gann Square, Moon Trading Cycle, Mathematics Trading, High Reward Low Risk Opportunities, Dark Energy, Stock Energy Block) we had held in Hong Kong, Enjoy.
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Editors’ Picks
EUR/USD weakens below 1.1750 on US Dollar rebound, Fed rate-cut expectations could cap losses
The EUR/USD pair retreats from a 10-week high to near 1.1735 during the early European session on Friday, pressured by a modest rebound in the US Dollar. The potential downside for the major pair might be limited amid the prospect of the US Federal Reserve (Fed) rate cuts next year. The final reading of the German Harmonized Index of Consumer Prices will be released later on Friday.
GBP/USD holds steady below 1.3400 after mixed UK dta
GBP/USD is keeping its range trade intact below 1.3400 in European trading on Friday. The UK GDP unexpectedly fell by 0.1% in October vs. a 0.1% growth expected, while the Manufacturing Production rose 0.5% over the month in the same period, missing the estimated 1% increase. Mixed UK data have little to no impact on the Pound Sterling.
Japanese Yen sticks to modest losses against USD; hawkish BoJ bets limit the downside
The Japanese Yen sticks to its modest intraday losses through the Asian session on Friday, though the downside remains cushioned amid hawkish Bank of Japan expectations. Prime Minister Sanae Takaichi's massive spending plan has exacerbated concerns about Japan's public finances amid sluggish economic growth.
Editors’ Picks
GBP/USD holds steady below 1.3400 after mixed UK dta
GBP/USD is keeping its range trade intact below 1.3400 in European trading on Friday. The UK GDP unexpectedly fell by 0.1% in October vs. a 0.1% growth expected, while the Manufacturing Production rose 0.5% over the month in the same period, missing the estimated 1% increase. Mixed UK data have little to no impact on the Pound Sterling.
EUR/USD weakens below 1.1750 on US Dollar rebound, Fed rate-cut expectations could cap losses
The EUR/USD pair retreats from a 10-week high to near 1.1735 during the early European session on Friday, pressured by a modest rebound in the US Dollar. The potential downside for the major pair might be limited amid the prospect of the US Federal Reserve (Fed) rate cuts next year. The final reading of the German Harmonized Index of Consumer Prices will be released later on Friday.
Gold retreats from multi-week top amid risk-on mood; downside seems limited
Gold edges lower during the Asian session on Friday and erodes a part of the previous day's strong gains, snapping a three-day winning streak to the $4,285-4,286 region, or the highest level since October 21. The prevalent risk-on environment – as depicted by a generally positive tone around the equity markets – is seen undermining demand for the safe-haven precious metal.
Bitcoin and Ethereum eyes breakout, Ripple steadies at support
Bitcoin and Ethereum are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.
FOMC Summary: A split cut and a clear shift toward caution
The Federal Reserve (Fed) went ahead with a 25 basis points rate cut, taking the target range to 3.50–3.75%. But the tone around the decision mattered just as much as the move.
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