Author: priceactionadmin
PA Market report has many such updates of the approaching events that will impact the forex market. Let’s find the important information on the overall world news updates. Mar 01: Final Manufacturing PMI (Purchasing Managers’ Index) is released monthly. The report shows 2 versions released about a week apart – Flash and Final. The Flash […]
Price action trading is purely based on actual price data without relying on any other information like indicators, trading algorithms, market news or technical analysis tools, etc. Traders use different types of charts to interpret any market trends. Price action strategy is interpreted using the patterns of these charts to find market prices. Price action […]
People who understand that knowledge is the key to wise investing are the people who are rich from investing. The many people who go broke investing, well, they’re the folks who thought they could read the proverbial tea leaves and ended up feeding the accounts of the knowledgeable few. Make sure you side with the […]
PA Market report has overall updates of the approaching events which can impact the forex market. Let’s discover what happened last week. Feb 22: A big survey took place about German and wider Eurozone economic conditions, involving historic correlation. 9,000 respondents from business enterprises were asked to rate on current business conditions and expectations for […]
There are a variety of things that make the Foreign exchange market unique. A number of these factors might have tremendous benefits for traders worldwide. Two of the most basic would be the higher level of leverage and also the very high liquidity. Foreign currency markets involve some enhancements that provide an incomparable chance of […]
Feb 8: ECB President Lagarde: – Resurgence of virus and related restrictions are a significant downside risk – An accommodative monetary policy stance remains essential – It is critical for monetary and fiscal policy to work together On the other hand, Britain’s tough new lockdown measures have dented consumer confidence and reduced spending to levels […]
February 1: The week began with the upturn in the German manufacturing sector as it continued into Source: IHS Markit. the new year, with January PMI® survey data from IHS Markit showing further gains in output and new orders across the sector. On the other hand, the upturn in the UK manufacturing sector slowed sharply […]
