FX Axe - Official Channel
Open in Telegram
Description Welcome to FX Axe!🪓 We are your Number 1 Resource for all things forex and investing! Here at Axe we provide you with comprehensive education for investors who are looking to learn how and where to invest their money safely and securely.
Show moreThe country is not specifiedEconomy & Finance90 373
739
Subscribers
No data24 hours
No data7 days
No data30 days
Posts Archive
FRIDAY LIVE FOREX NEWS:
*Bitcoin ETF
*Forex
*Oil Price
https://fxaxe.com/forex-news-today-17th-november-2023-bitcoin-etf-eur-usd-oil-drop/
We have opened up a few more spots. If you're interested in creating another passive income stream get in contact! This robot has fully verified results for the past 5 years. Don't miss out. Enquire today @SuppFXAxe
A jam packed Live Market News Update for you traders!
*USD/JPY Analysis
*Gold and Bitcoin predictions!
We are awaiting a dip in Gold before potential buy opportunities. Turn those notifications on!
FULL ARTICLE:
https://fxaxe.com/live-market-news-16th-nov-2023-usd-jpy-gold-and-bitcoin-movements/
15th November - Market News
*Key GBP Inflation
*Crypto Futures
*EUR/USD
Read it all HERE:
Daily Market News:
*Upcoming CPI Data
*EUR/GBP Analysis
*Bitcoin ETF Update
*Gold Analysis
We may find markets are flat prior to the CPI data release. Read the full article HERE
SELL XAU/USD📍1947.22
🔸 SL 1954.03
🔹 TP1 1944.09
🔹 TP2 1939.76
🔹 TP3 19.35.62
💪 ★
📋 M5
LIVE MARKET NEWS 13/11/23:
*PRECIOUS METAL UPDATES
*IMPORTANT GBP/USD NEWS
*OIL UDPATE
FULL ARTICLE DOWN BELOW!
https://fxaxe.com/live-market-news-13th-november-2023-gbp-usd-gold-silver-and-oil/
A couple of spaces have opened up on our automated signals service, please message @SuppFXAxe if you are interested in joining and getting set up over the weekend in preparation for Monday!
Guys this has smashed TP3. Patience is key! Hopefully you managed to get on this one! Make sure notifications are turned on ready for next week!
SELL XAU/USD📍1957.85
🔸 SL 1967.00
🔹 TP1 1953.64
🔹 TP2 1949.08
🔹 TP3 1945.22
💪 ★★
📋 H1
SELL EUR/USD📍1.0690
🔸 SL 1.0712
🔹 TP1 1.0675
🔹 TP2 1.0660
🔹 TP3 1.0632
💪 ★★
📋 H1
Are you new to trading? Struggling to find a broker to trust? Or perhaps a professional trader not entirely happy with your trading conditions? Check out our Broker reviews here:
https://fxaxe.com/preferred-broker/
Our Market Update for today!
USD Bulls
The Euro is still losing ground to the US Dollar (USD), which is causing the EUR/USD pair to drop even more and set fresh weekly lows on Wednesday in the 1.0660 region.
However, due to the ongoing weakness in the general risk environment and the uneven performance of US rates across the curve, the Greenback continues to strengthen, pushing the USD Index to trade at a significant distance from the 106.00 barrier.
Regarding monetary policy, market players are increasingly in agreement that the Federal Reserve (Fed) will likely stick with its existing monetary policy for the foreseeable future. The likelihood of a December interest rate change has somewhat waned, particularly in the wake of the FOMC meeting and the announcement of NFP data that was worse than anticipated.
Bitcoin Bulls
The price of bitcoin is rising, and it managed to hold above $35,000 even after a large-scale sell-off by miners. The top 13 publicly traded cryptocurrency mining firms reportedly sold somewhat more than the total amount of Bitcoin they created in October, according to a Bloomberg article.
In order to profit from Bitcoin's October surge, BTC miners sold the asset. BTC kept climbing even though these sales put more pressure on the asset to sell. As the third halving cycle draws to a close, the price of Bitcoin showed low to median volatility, an indication of an asset that is maturing.
Gold Pressure
The gold price (XAU/USD) is having trouble stabilising as investors continue to be concerned about interest rate guidance ahead of Federal Reserve (Fed) Chair Jerome Powell's address on Wednesday. The Fed policymakers' recent statements supporting additional policy tightening and highlighting the fact that the fight against persistent inflation is far from done have put pressure on the price of precious metals.
Due to the US economy's resilience, Fed officials Michelle Bowman and Neel Kashkari gave hawkish guidance on interest rates on Tuesday. They cited concerns about inflation continuing persistent. Conversely, Chicago Fed President Austan Goolsbee expressed confidence in the easing of inflation and added that the debate should shift to how much higher interest rates should be raised as well as how long they should stay high.
SELL XAU/USD📍1988.84
🔸 SL 1999.04
🔹 TP1 1985.14
🔹 TP2 1981.23
🔹 TP3 1977.62
💪 ★★
📋 M15
