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Om Prakash Arora
Dollar Down Over Disappointing U.S. Jobs Data, U.S. Stimulus Hopes
The dollar was down on Monday morning in Asia, starting the week on a down note as disappointing U.S. jobs data raised expectations of fresh economic stimulus measures, and pound investors monitored Brexit trade talks between the U.K. and the European Union (EU).
The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.03% to 90.767 by 9:43 PM ET (1:43 AM GMT). The dollar hit a two and half year low, while the Euro climbed to its highest level since April 2018, during Friday’s session.
The dollar was down on Monday morning in Asia, starting the week on a down note as disappointing U.S. jobs data raised expectations of fresh economic stimulus measures, and pound investors monitored Brexit trade talks between the U.K. and the European Union (EU).
The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.03% to 90.767 by 9:43 PM ET (1:43 AM GMT). The dollar hit a two and half year low, while the Euro climbed to its highest level since April 2018, during Friday’s session.
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Om Prakash Arora
Pound Cuts Gains as EU's Barnier Hits Pause on Talks
The pound cut gains Friday after the U.K. after the EU’s Brexit negotiator Michel Barnier said talks had paused and added that conditions for a deal not yet been met.
GBP/USD rose 0.11% to $1.3437.
After one week of intensive negotiations in London, the U.K. and EU agreed to pause talks as the conditions for a post-Brexit agreement are not met, Michel Barnier said.
The update comes on the heels of a report from the U.K. conceding that talks were at a “very difficult stage."
If the U.K. and EU fail to reach an agreement by the December-end deadline, then the U.K. will be forced to trade with the EU under World Trade Organization terms.
The pound cut gains Friday after the U.K. after the EU’s Brexit negotiator Michel Barnier said talks had paused and added that conditions for a deal not yet been met.
GBP/USD rose 0.11% to $1.3437.
After one week of intensive negotiations in London, the U.K. and EU agreed to pause talks as the conditions for a post-Brexit agreement are not met, Michel Barnier said.
The update comes on the heels of a report from the U.K. conceding that talks were at a “very difficult stage."
If the U.K. and EU fail to reach an agreement by the December-end deadline, then the U.K. will be forced to trade with the EU under World Trade Organization terms.
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Om Prakash Arora
https://www.mql5.com/en/signals/849167
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After successful November we have already made 2.3% in December - MOVING TOWARDS successful 2020 END.
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After successful November we have already made 2.3% in December - MOVING TOWARDS successful 2020 END.
· 2
Om Prakash Arora
Dollar Drifts Lower; Stimulus Optimism Grows
The dollar slipped lower in early European trade Friday, on course for a loss of nearly 2% for the week, as increased optimism that U.S. lawmakers will come together to agree a new coronavirus relief package boosts risk sentiment.
Markets are still assessing how much this is simply part of the negotiating strategy,” said analysts at ING, in a research note, “but with any deal having to be agreed within the next few days it is no surprise investors (who have retained an optimistic tone on Brexit so far) are getting increasingly nervous.”
The dollar slipped lower in early European trade Friday, on course for a loss of nearly 2% for the week, as increased optimism that U.S. lawmakers will come together to agree a new coronavirus relief package boosts risk sentiment.
Markets are still assessing how much this is simply part of the negotiating strategy,” said analysts at ING, in a research note, “but with any deal having to be agreed within the next few days it is no surprise investors (who have retained an optimistic tone on Brexit so far) are getting increasingly nervous.”
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Om Prakash Arora
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anassmughrabi
2020.12.02
hi Mr. Om, Can you please guide me how to connect with you in my real account, always when i connect with you it goes to demo account.
Om Prakash Arora
Pound Swings as Traders Brace for a Breakdown in Brexit Talks
Pound traders are positioning for a choppy ride as trade negotiations between Britain and the European Union reach a watershed moment.
The currency suffered its biggest drop in close to three weeks after the EU’s chief negotiator Michel Barnier said a deal wasn’t guaranteed, while the relative cost of hedging against a weaker sterling climbed to a nearly seven-month high.
The pound fell as much as 0.6%, it’s biggest drop since Nov. 12, to $1.3339. It briefly matched a three-month high earlier in the session, with officials racing to strike a deal before the start of next week.
Pound traders are positioning for a choppy ride as trade negotiations between Britain and the European Union reach a watershed moment.
The currency suffered its biggest drop in close to three weeks after the EU’s chief negotiator Michel Barnier said a deal wasn’t guaranteed, while the relative cost of hedging against a weaker sterling climbed to a nearly seven-month high.
The pound fell as much as 0.6%, it’s biggest drop since Nov. 12, to $1.3339. It briefly matched a three-month high earlier in the session, with officials racing to strike a deal before the start of next week.
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Om Prakash Arora
Dollar Down, but Hopes Remain for More Fed Monetary Easing Measures
he dollar was down on Tuesday morning in Asia, starting the new month on a lower note even after closing its worst month since July in November. Giving the dollar a boost, however, was the expectation of more monetary easing measures from the U.S. Federal Reserve.
Promising data from COVID-19 vaccine developers have driven investors towards riskier currencies and higher-yielding assets outside the U.S., leading to a shortage of dollars.
he dollar was down on Tuesday morning in Asia, starting the new month on a lower note even after closing its worst month since July in November. Giving the dollar a boost, however, was the expectation of more monetary easing measures from the U.S. Federal Reserve.
Promising data from COVID-19 vaccine developers have driven investors towards riskier currencies and higher-yielding assets outside the U.S., leading to a shortage of dollars.
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Om Prakash Arora
https://www.mql5.com/en/signals/849167
WITHDRAW YOUR NOVEMBER PROFIT & WE ARE READY TO HIT IT AGAIN IN DECEMBER
November Gain - 12% YTD - 446%
WITHDRAW YOUR NOVEMBER PROFIT & WE ARE READY TO HIT IT AGAIN IN DECEMBER
November Gain - 12% YTD - 446%
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Om Prakash Arora
A trader never sleeps!!
WE ARE FOR DECEMBER TO MAKE YOUR HOLIDAYS A HAPPY ONE
https://www.mql5.com/en/signals/849167
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WE ARE FOR DECEMBER TO MAKE YOUR HOLIDAYS A HAPPY ONE
https://www.mql5.com/en/signals/849167
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· 4
jerry lei
2020.11.30
I wonder that all your trade use 1:200 leverege？is Spread 3.0 too high for getting profit？ what's your spread？thanks a lot
Om Prakash Arora
Dollar Weakens; Stimulus Expected to Combat Pandemic
The dollar weakened in early European trade Friday, set to post weekly losses with traders expecting large-scale stimulus from the new administration to combat the Covid-19 pandemic
The dollar is back at its 2018 lows with DXY [the Dollar Index] breaking below the key 92.00 support,” said analysts at ING, in a research note, stating that the pandemic “appears particularly concerning as major U.S. cities are experiencing large spikes in cases which may fuel further speculation that President-elect Joe Biden will opt for tougher restrictions once he takes office.
The dollar weakened in early European trade Friday, set to post weekly losses with traders expecting large-scale stimulus from the new administration to combat the Covid-19 pandemic
The dollar is back at its 2018 lows with DXY [the Dollar Index] breaking below the key 92.00 support,” said analysts at ING, in a research note, stating that the pandemic “appears particularly concerning as major U.S. cities are experiencing large spikes in cases which may fuel further speculation that President-elect Joe Biden will opt for tougher restrictions once he takes office.
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Om Prakash Arora
Dollar Down, With Improving Risk Sentiment Setting Stage for Weekly Losses
The dollar was down on Friday morning in Asia, holding steady amid small market moves. However, it looks set to see weekly losses as improved risk appetite continue to apply pressure.
The U.S.Dollar Index that tracks the greenback against a basket of other currencies inched down 0.03% to 91.983 hovering near a three-month low seen overnight.
The USD/JPY pair was down 0.23% to 104.02.
The AUD/USD pair inched down 0.01% to 0.7360, after climbing to a near three-month high on Thursday. Across the Tasman Sea, the NZD/USD pair edged up 0.11% to 0.7013.
The GBP/USD pair inched up 0.03% to 1.3359. The pound saw a near three-month high as well on Thursday, with investors look towards progress on Brexit talks between the U.K. and the European Union (EU). EU chief negotiator Michel Barnier is reportedly due to speak with some EU fisheries ministers later in the day to discuss the current state of the trade discussions.
The dollar was down on Friday morning in Asia, holding steady amid small market moves. However, it looks set to see weekly losses as improved risk appetite continue to apply pressure.
The U.S.Dollar Index that tracks the greenback against a basket of other currencies inched down 0.03% to 91.983 hovering near a three-month low seen overnight.
The USD/JPY pair was down 0.23% to 104.02.
The AUD/USD pair inched down 0.01% to 0.7360, after climbing to a near three-month high on Thursday. Across the Tasman Sea, the NZD/USD pair edged up 0.11% to 0.7013.
The GBP/USD pair inched up 0.03% to 1.3359. The pound saw a near three-month high as well on Thursday, with investors look towards progress on Brexit talks between the U.K. and the European Union (EU). EU chief negotiator Michel Barnier is reportedly due to speak with some EU fisheries ministers later in the day to discuss the current state of the trade discussions.
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Om Prakash Arora
Pound Rises as Vaccine Progress, Brexit Optimism Bolster Outlook
The pound rallied the most among major peers as signs the U.K. and European Union are close to agreeing a trade deal, and the latest progress in the development of a coronavirus vaccine added to optimism over the currency’s prospects.
Sterling rose as much as 0.8% to $1.3381, extending an advance that sent the currency to the highest level since early September. The pound climbed as much as 0.6% against the euro.
The pound rallied the most among major peers as signs the U.K. and European Union are close to agreeing a trade deal, and the latest progress in the development of a coronavirus vaccine added to optimism over the currency’s prospects.
Sterling rose as much as 0.8% to $1.3381, extending an advance that sent the currency to the highest level since early September. The pound climbed as much as 0.6% against the euro.
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Om Prakash Arora
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Growth in account since inception is 437%, already subscribe by 31 peoples
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· 1
Tuan Hoang Anh
2020.11.22
Hi Sr, I would like to copy your signal. Do you recommended a special configuration? I mean regarding to the initial deposit load, the broker, leverage or account type? In advance thanks!
Om Prakash Arora
EURJPY Bounces Off a Key Resistance Level, Further Reduction Envisaged
The increase in the bearish momentum will decrease the price further to the support level of $123. The breakdown of the $123 level will expose the price to the $121 and $120 support level. In case the bearish momentum fails to break down the $123 level, then, the price will bounce and face the resistance levels of $124, $121, and $120.
Key Levels:
Supply levels: $124, $125, $126
Demand levels: $123, $121, $120
The increase in the bearish momentum will decrease the price further to the support level of $123. The breakdown of the $123 level will expose the price to the $121 and $120 support level. In case the bearish momentum fails to break down the $123 level, then, the price will bounce and face the resistance levels of $124, $121, and $120.
Key Levels:
Supply levels: $124, $125, $126
Demand levels: $123, $121, $120
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