HAS Forex Robot uses the “law of multiple timeframes” for trading across all currency pairs. It analyses lower and upper timeframes to pick up a trend and to get more confluence on trades. The algorithm is only available for the MT4 platform. Our review below will cover the essential details about the robot to understand its benefits and demerits. Detailed HAS Forex Robot … [Read more...] about HAS Forex Robot Review
Crypto Trading Strategies for Scalpers
It doesn't matter if you're an investor, a trader, or a HODLer as long as the profits keep rolling in because there is no right or wrong in the world of crypto trading. At times, the cryptocurrency market can be extremely volatile. On the other hand, this volatility can often pave the way for some profit-generating techniques. One of the techniques that benefit from this is … [Read more...] about Crypto Trading Strategies for Scalpers
US Could Fall Into Recession With Policy Tightening, BofA Warns
Source: Reuters The United States could fall into economic recession with the anticipated policy rate hikes amid the inflationary uptick, strategists at Bank of America warned. BAC is up 1.36%, while QQQ is down 0.54%. Chief Investment Strategist Michael Hartnett warned clients of the possible impacts of policy tightening, with what he called an ‘inflation shock’ … [Read more...] about US Could Fall Into Recession With Policy Tightening, BofA Warns
Dollar Grows to Strongest Level in Nearly Two Years
Source: Bloomberg An indicator of the US dollar rallied to its best performance in nearly two years in line with the continued increase in Treasury yields. DXY is up 0.30%, while QQQ is down 1.02%. The Bloomberg Dollar Spot index inched up by 0.4%, overtaking the previous year-to-date high. The last time this level was seen was in July 2020.The greenback appreciated … [Read more...] about Dollar Grows to Strongest Level in Nearly Two Years
US Wholesale Inventories Accelerate by 2.5% In February
Source: Census Bureau US total inventories at merchant wholesalers were $818.2 billion at the end of February, an increase of 2.5% from the previous month. SPY is down -0.22%, DXY is up +0.30%. The February wholesale inventories were 19.9% higher than the prior year, with the volume accelerating from an increase of 1.2% in January.The sales of the wholesale inventories … [Read more...] about US Wholesale Inventories Accelerate by 2.5% In February
