Dale J Pinkert
Independent Analyst
In today’s TradeGATEHub Live Trading session, Coach explores whether the Dow Jones Transportation Average ($DJT) might be hinting at a potential Trump presidency. He examines the correlation between interest rates and #USDJPY, shares insights on a natural gas chart, and provides updates on precious metals. Meanwhile, Mike reviews his DJT trades for the day and highlights key options activity, offering traders essential market signals and potential trends to watch.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
EUR/USD holds steady above 1.0900 after earlier rebound
EUR/USD trades marginally higher on the day above 1.0900. According to the data from Germany and the Eurozone, ZEW Survey - Economic Sentiment improved more than expected in October, while the US data showed a sharp decline in NY Empire State Manufacturing Index.
GBP/USD clings to recovery gains above 1.3050 after UK data
GBP/USD stays in positive territory and edges higher toward 1.3100 on Tuesday. The data from the UK showed that the ILO Unemployment Rate declined to 4% in the three months to August, with Employment Change rising by 373K, helping Pound Sterling gain resilience.
Gold holds on to modest gains around $2,660
Gold clings to small gains above $2,650 on Tuesday after closing the first day of the week virtually unchanged. Growing signs of an economic downturn in the Chinese economy makes it difficult for XAU/USD to gather recovery momentum.
Ethereum shows mild signs of recovery
Ethereum price broadly consolidates after breaking above its 50-day EMA at $2,535, suggesting a possible rally ahead. US spot Ethereum ETFs records an inflow of $17 million on Monday. Ethereum’s open interest surged more than 16%, indicating new buying activity.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
Five best Forex brokers in 2024
VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals.