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The end of 2021 and the beginning of 2022 saw some big security vulnerabilities in the open-source space, including log4j – something that prompted people all over the world to consider: what should we do about open-source software, contributors, and general security?To get more news about trading212 france, you can visit wikifx.com official website.

One solution is to entice developers to find and patch bugs through bug bounty programs – something that today’s guest, Robert Rowley is very familiar with. It’s something his employer, Patchstack, runs on a global scale! They also maintain a database of vulnerabilities to help with the bug bounty program, as well as keep site owners informed; and now Plesk customers get Patchstack integration included in the WP Toolkit.
WordPress accounts for over 40% of the web, so security is a big, important topic for site owners. Luckily, both Plesk and Patchstack are dedicated to keeping WordPress sites safe! In this episode, Robert tells us about Patchstack’s global bug bounty program to help fund developers keeping open-source software safe.

We also discuss how security ownership is a team effort, from the site owner to the hosting company. Vulnerabilities can happen at any level, so all stakeholders need to be vigilant.

Finally, we talk a bit about risk analysis, how to stay on top of patches and vulnerabilities, and what the future of site security looks like. Let’s have a listen!
Bug Bounty Programs are a way for developers to get paid for finding and patching bugs. They are especially important for big, open-source projects like WordPress.
Patchstack runs a global bug bounty program where they guide and pay developers to find and patch bugs.
Patchstack also maintains a patch and vulnerability database, which they use to notify site owners of patches to keep their sites safe. And now, Plesk’s WP Toolkit integrates directly with Patchstack – meaning customers will automatically get these notifications.
Site security is a team effort. It’s easy to assume it’s “someone else’s” problem, but the truth is everything from a poor server environment to a weak password can put a site at risk.
2-Factor Authentication is an easy way to improve security, even if weak passwords do exist.
It’s important to patch vulnerabilities as soon as one is available. If there is no patch, it’s important to do risk analysis. If there’s some other protection (passwords or firewalls), you probably have some time. If not, you may need to change products.
A lot has changed over the last 20 years in site security, and the current environment favors site owners. However, things can always change.
More utilities give site owners the power to make moves and keep their sites secure.
In the future, Web3 and blockchain tech could be used to help secure sites because they are basically public ledgers. The experimentation now will make way for more practical applications.
freeamfva Apr 14 '22 · Tags: wikifx

Shady brokerage with no regulation. This is how we’d describe AlpsMarkets broker after the research we’ve done. There is not a single good thing to say about this company.To get more news about mirollex, you can visit wikifx.com official website.

Speaking of Alps Markets regulation, we’ve determined it does not exist. The broker represents itself as a home of over 200,000 traders. However, to have this number of clients, you cannot be anonymous.

Every legit broker needs to be transparent and give their traders all the necessary information – the company owner, location, regulation, and minimum deposit. However, according to our AlpsMarkets reviews, this broker does not provide any of those. We did not want to leave our job half done. Since the broker does not give any information about the location or the owner, most likely, it’s based offshore. In offshore countries, regulatory bodies tend to look over shady companies like the one we speak about.

We’ve checked several regulatory registers – FSC, VFSC, FSA looking for the answer is Alps Markets regulated. Since we could not find the company anywhere, now we can safely say the broker is unregulated and not legit.Since the broker is highly shady and unregulated, we wondered if any regulator noticed its activities. We found two reports coming from Czech National Bank, CNB, and a Polish regulator, KNF.

Both of these regulators warn citizens against trading the name AlpsMarkets and state that those defrauded will have a hard time returning funds since we’re dealing with a bogus operation.According to AlpsMarkets reviews from Trustpilot and other reputable websites, the broker is rated as poor. Why? Because it does not allow withdrawals and uses its platform to defraud clients.

Since we couldn’t find the regulation, we’ve checked the Alps Markets trading platform. We wanted to see if there is possibly something that can attract 200,000 traders. The broker is offering only a web trader and a mobile trader, and you cannot access any of those before opening an account and making a deposit.

Since we are not willing to deposit with an unregulated company, we could not gather much data on the trading platform. All we could see on the website is that the maximum leverage this broker provides is 1:500.

Like many unregulated brokers, this one puts your money at too high risk as well. Be aware of the AlpsMarkets scam and stay away from unregulated brokers like Global CTB or Profit Trade. It will save your money, nerves and time!Another question without an answer. Nowhere on the website of this anonymous broker, we couldn’t find the information on which assets you can trade. Since we couldn’t access the platform as well, we are leaving this as a question mark.

The same thing stands for Alps Markets minimum deposit. If you check the FAQ section, you will see that you need to speak to customer support in order to get the answer.

Like many scam brokers, this one evaluates your financial situation first and then gives you the amount to deposit. Yet, most likely, after this deposit, you will face withdrawal issues, like many other clients that published AlpsMarkets reviews.According to warnings and AlpsMarkets reviews, we can conclude the broker operates in the EU, mostly countries such as the UK, Czech Republic, Poland, Austria, and Denmark. Also, we’ve found some of the reviews from Australia.

When it comes to prohibited areas, the broker lists only the USA, along “with some other entities” that remain unnamed.According to our knowledge, the main difference is in a spread that starts getting better by having a Silver account (we do not see what’s better) and the level of expertise your financial adviser has. For the Basic account, there’s no adviser at all, while having a Gold account connects you with a VIP adviser. Yet, since AlpsMarkets regulation is highly questionable, so is the advisers’ true expertise.

Based on everything we’ve seen, the AlpsMarkets trading scam has reached the level of no Demo account and no minimum deposit listed. If you want to check the offer, get ready for a call from some sort of support that will tell you the minimum (particularly made up for you.)

Once you try to withdraw your funds from the AlpsMarkets platform, you will be declined. Many clients stated they submitted withdrawal requests an endless number of times and each time had been denied under different excuses. Sometimes, they didn’t provide enough documents. Sometimes, the broker needs time to process such a request.

freeamfva Apr 11 '22 · Tags: wikifx
Thematic investing - a move away from the traditional portfolio

When it comes to money management there are an abundance of investing theories that can be put into practice. The old rule of thumb is that investors should hold a mixture of equities and bonds typically in the ratio of 60:40. Younger investors may want a higher weighting of equities in their portfolios as they can afford to take greater risks. Then, the closer one gets to retirement, there should be a gradual shift towards bonds which are generally considered to be less volatile than equities over time. This strategy has worked out well over the past seventy years or so. But will it continue to provide a decent income in retirement? There are many experienced investors who worry that it won't. And who can blame them when both bonds and many global stock indices are trading around all-time highs, and offering precious few opportunities to buy on dips?To get more news about samtradefx, you can visit wikifx.com official website.

Changing emphasis

When it comes to constructing a traditional portfolio, managers often concentrate on specific countries, or sectors, that they feel could outperform. Ten to fifteen years ago, many funds were recommending overexposure to Brazil, Russia, India, and China, known as the BRICs. A few years later and growth stocks were the order of the day. And they still are as a small group of US tech giants, namely Apple, Amazon, Alphabet, Microsoft, Tesla, and Facebook, continue to dominate and outperform the rest of the market. But experience shows us that what may have worked well in the past may not do as well in the future. Consequently, money managers are on the constant look-out for alternative ways to construct a portfolio. This is where thematic investing comes in. But what is it?

Structural trends

Thematic investing doesn't confine itself by concentrating exposure to a particular country or sector. Instead, it seeks to identify long-term structural trends which could have a transformative effect on global economies. These trends tend to be most powerful where new innovations prove to be highly disruptive and thereby provide significant growth potential. Current opportunities can be found in technologies that look likely to frame our future world. Such areas include robotics, alternative energy, battery technology, fintech, future mobility, autonomous technology, cybersecurity, infrastructure, education, and healthcare, including key societal changes such as ageing and our response to it. As these trends develop, they become increasingly important drivers of earnings and equity returns.
Investors traditionally have limited exposure to these themes as part of a portfolio's growth allocation. But thematic investing allows for specific themes to be more precisely targeted. While this can result in a riskier portfolio as the holdings will be concentrated around that specific theme, they are becoming increasingly popular. Funds in thematic schemes have more than tripled to $595 billion from $174 billion three years ago. For some, that suggests that new money is going to be too late to the party. Yet many portfolio managers still consider thematic investing to be in its early stages.

Constructing a thematic portfolio

The big issue for a manager of a thematic fund is how to construct a portfolio. Do you keep it as diverse as possible, thereby reducing your risk should a certain trend fail to pan out? Or do you focus on a specific theme, thereby increasing your profit potential should you pick a winner, but also boosting your risk? Obviously, the skill, or luck, is in identifying which technologies will triumph over others and become the dominant force. For instance, solar, wind, geothermal and tidal power are all alternative energies that have the potential to replace fossil fuels completely in the future. Some thematic investors would put together a portfolio that includes companies operating in all these sectors. Others may look to concentrate in a particular field. Obviously, the less diverse the portfolio, the higher the risk. But the returns will also be much larger by successfully backing one technology over another. Consequently, there's the obvious temptation to back a single industry within the overall theme. But what if that doesn't work out? What if all these alternative energies get swept aside, or even just marginalised, by breakthroughs in other technologies, such nuclear fusion?

Stock picking?

Typically, there could be many companies working towards the same objective, but in different ways. Not all will thrive, or even survive. Therefore, it is vital to carry out your own research and find out as much as possible about the management, as well as the corporate financials. This may sound like something an individual investor may be able to do themselves. After all, what's the difference from share picking? But the truth is that many of these new technologies are being worked on by young companies that have not gone public. This can make it quite difficult to investigate them thoroughly. It also makes it particularly difficult to invest in them. For the best opportunities you need to get exposure to private markets. A thematic fund can do this while most private investors can't. But make sure you think laterally as well. After all, it could be that there are publicly quoted companies that have direct exposure to particular thematic trends. For instance, consider businesses that provide vital equipment and infrastructure to these companies. This could be a safer alternative particularly if the provider covers several different sectors.

freeamfva Apr 11 '22 · Tags: wikifx

Global trading platform S.A.M. Trade today unveils a new logo, mission, and identity to reflect the platform's transformation since its founding in 2015.To get more news about cointrader, you can visit wikifx.com official website.

"S.A.M.," as showcased in the brand new logo, stands for Synergy, Adaptability and Motivation, and represents the guiding principles behind the platform's success. Synergy, as the platform's cross-business teams' effective communication and teamwork has allowed it to leverage its diversity to create a unified organisation greater than the sum of its parts. Adaptability, as the platform has kept pace with the changing times. Last but not least, Motivation, as the platform's purpose to grow, as individuals and as a team, has empowered its team of like-minded, determined professionals to continue to enable clients' success as well as each other's success.

In addition to that, S.A.M. Trade reaffirms its strong commitment to its clients in this rebrand with its new mission, "A Brokerage That Makes Your Priorities Ours". Being traders themselves, the founders and partners of S.A.M. Trade understand the importance of safe, easy and low-cost access to financial markets for its users.

Chief Executive Officer of S.A.M. Trade, Mr Sam Goh said, "We are very excited to unveil our new refreshed visual and platform identity. This marks a significant milestone for S.A.M. Trade, with our new identity signifying the successes that S.A.M. Trade has achieved over the last few years, through continuously developing and innovating our technology and suite of services. Synergy, Adaptability, and Motivation will continue to drive S.A.M. Trade onward, as we strive to serve our clients with ever-better seamless trading experiences."

The rebrand of S.A.M. Trade follows several new developments by the platform to enhance its product offerings and brand presence globally. This includes SamAideTM, which provides robust fund security for traders. The platform's signature technology, CopySamTM that allows its clients to trade like top traders, also won "Best Forex Copy Trading Platform - Asia" at the Global Forex Awards 2021. In addition, S.A.M. Trade has also strengthened its brand with its strategic expansion into the wider European market, having signed sponsorships with two football clubs, Cardiff City FC and Valencia Club de Fútbol.

freeamfva Apr 11 '22 · Tags: wikifx
Plesk is a proud member of the WebPros group, an ever-growing family of innovative brands that showcase the best tools, platforms, and on the market for web professionals.To get more news about hycm, you can visit wikifx.com official website.

In this competitive market, the teams at WebPros are constantly developing and improving tools and software to meet the changing needs of the users. That’s why in 2022, we are welcoming a new WebPros CEO to drive us forward with updated strategies and a fresh outlook to keep our products world-class.

With that, let’s welcome our new CEO, Christian Koch, as he introduces himself and his vision for Plesk and our WebPros family!Delivering the best and most innovative platforms and tools for hosting providers and web professionals in the world is at the core of what WebPros does.

As its new CEO, I wanted to take this opportunity to introduce myself, share how excited I am to be joining WebPros, and communicate our continued commitment to helping you drive success in your business.

Last week, I stepped into the CEO role at WebPros with more than two decades of experience working in the SaaS technology and web hosting services industry, most recently as the Vice President of Global Partner Brands and the Chief People Officer (EMEA) at GoDaddy. Before GoDaddy, I have held various senior leadership roles at global companies such as Host Europe and DKV Mobility Services.

I have gained a deep appreciation for the critical role that people, processes, and products play together in building a winning solution. WebPros has grown significantly over the last few years to include a vast portfolio of technology products and services that supports web professionals at every stage of building their business – no matter how small or large. As we hit the ground running in 2022, this year brings a new phase in how WebPros will continue to transform and evolve our software subscription model, integrated product stack, and advancements in cloud-supported infrastructure.

We are hyper-focused on strengthening our investments and commitment to our partners as we work together in building better business outcomes. We will continue innovating, integrating, and streamlining processes, providing even more value and agility for you, our partners, and customers.

I believe in cultivating strong alliances with customers to understand how we can serve you best while fostering partnerships to develop comprehensive solutions that will continue to build your trust in cPanel, Plesk, and our entire portfolio of branded solutions for many more years to come.

We expect this leadership transition to be as smooth and seamless as possible for you. On behalf of the entire WebPros team, thank you for your continued support and partnership.
freeamfva Apr 7 '22 · Tags: wikifx
Read our Carbon Capital review to see why we do NOT recommend this broker for trading. Just to clear doubts.To get more news about blufx, you can visit wikifx.com official website.

Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So Carbon Capital is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money.

Make sure you leave reviews about Carbon Capital in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.

Carbon Capital Review Conclusions
Making the Carbon Capital review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Carbon Capital review has been helpful to you. If you have any questions or you need an advice about the withdrawing process,
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
freeamfva Apr 7 '22 · Tags: wikifx
Risk Warning: Trading may result in the loss of your entire capital. Trading OTC derivatives may not be suitable for everyone. Please consider our legal disclosure documents before using our services and ensure that you understand the risks involved. You do not own or have any interest in the underlying assets.To get more news about leoprime, you can visit wikifx.com official website.

Mitrade does not issue advice, recommendations or opinion in relation to acquiring, holding or disposing of our products. All of our products are over-the-counter derivatives over global underlying assets. Mitrade provides execution only service, acting as principle at all times. Mitrade does not issue, buy or sell any cryptocurrencies nor is it a cryptocurrency exchange.

Mitrade is a brand jointly used by multiple companies and it operates through the following companies:
Mitrade Holding Ltd is the issuer of the financial products that are described or available on this website. Mitrade Holding is authorised and regulated by Cayman Islands Monetary Authority (CIMA) and the SIB licence number is 1612446. The registered office address is 215-245 N CHURCH ST, 2ND FLOOR WHITE HALL HOUSE, SUITE #647, 10 MARKET STREET CAMANA BAY, GEORGE TOWN, GRAND CAYMAN, CAYMAN ISLANDS.
Mitrade Global Pty Ltd with ABN 90 149 011 361 holds an Australian Financial Services Licence (AFSL 398528).
Mitrade International Ltd is authorised and regulated by Mauritius Financial Services Commission (FSC) and the licence number is GB20025791.

The information on this site is not intended for residents of the United States, Canada, Japan, New Zealand or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Please note that English is the main language used in our services and is also the legally effective language in all of our terms and agreements. Versions in other langauges are only for reference. In the event of any discrepancy between the English version and the other versions, the English version shall prevail.
freeamfva Apr 7 '22 · Tags: wikifx
On Tuesday, General Motors Co. (NYSE:GM) and Honda Motor Co. said they would collaborate on cost-effective plug-in technology to produce a series of electric vehicles. To get more news about admiral market es, you can visit wikifx.com official website.

The companies plan to expand their relationship to a new chapter by working together to enable the global production of millions of EVs starting in 2027, including sport-utility vehicles, for North and South America and China.
According to GM Chair and CEO Mary Barra, the collaboration is a critical step for the company to achieve carbon neutrality in its global products and operations and eliminate tailpipe emissions from light-duty vehicles in the U.S.
In addition, the automakers said that splitting development expenses and working together to reduce battery costs would allow them to drive down the price while producing electrics on a global scale.

For the most part, electric vehicles on sale today are larger, more expensive vehicles, while smaller and more compact vehicles are vital to increase the EV addressable market.
The companies declined to comment on how much they are investing as part of the new collaboration but said that pricing would come in below the $30,000 price tag planned for the electric Chevrolet Equinox SUV.

GM and Honda are also looking at collaborating on EV battery technology to drive down the cost of EVs even further. Both companies are already independently working on advanced battery technologies, including the solid-state battery type.Despite severe supply chain constraints, General Motors reported solid results for the final quarter of 2021 two months ago and has continued to prioritize the production and sales of its most profitable vehicles.

Looking ahead, GM is aggressively reinvesting its profits to expand its electric vehicle (EV) lineup and EV production capacity, which will keep the automaker relevant as the industry shift away from gas-powered vehicles.
Wall Street analysts are optimistic about the stock, with a Strong Buy consensus rating based on 12 Buys and three holds. The average price target of $72.93 for General Motors implies an upside potential of 76% to current levels.
freeamfva Apr 7 '22 · Tags: wikifx
Invast Global is pleased to announce the appointment of Melissa Downes to the position of Global Head of Marketing, based in our Sydney office. Melissa joins us from BT where she was a Senior Marketing Manager in the Customer Experience and Growth team. She has strong financial marketing experience at the Westpac Group, ANZ, NAB, and Zurich.To get more news about bdsmarkets, you can visit wikifx.com official website.

Melissa is a creative and accomplished B2B marketing expert with a track record in delivering high-stakes stakeholder management across risk regulatory comms and engagement.As a Senior Marketing Consultant at MLC, she was the project lead for the Annual Member Meeting held on behalf of the Trustee across four RSE’s while also delivering new initiatives, communications, and marketing strategies across multiple projects. This included delivery of strategy, pitches, and tools for the Workplace Super team whilst managing all related B2B marketing for their top 300 business partners. She was the Take to Market manager building the strategy for rolling out new licensee agreements at NAB. She retired and redesigned legacy programs at Zurich after introducing segmentation, and redesigning partnership programs in line with yield and risk appetite.

“Working within corporate super clients, brokers and advisers has given me valuable insights into how busy these professionals are and the issues they face running a business. Marketing should assist our clients’ businesses. By helping them explain complex products simply and assisting them to do business with us seamlessly, we are assisting them and their business, making them more effective adding to the benefits of partnering with us.” – Melissa Downes

Prior to these roles, Melissa was Content and Communications Manager for ANZ Wealth, where she managed strategy, campaigns, edited APEXInsights, and lead content and communications to 16,500 financial advisors with the fortnightly newsletter Perspective Extra, the most well-read in the advice industry. Whilst at ANZ her team launched a new AI-created underwriting engine with UTS and delivered the award-winning APEX Inspire program.

Melissa, who has just joined the team this week, is delighted, “I’m excited by the opportunities I see at Invast Global and the talent it has attracted. This is a business that continues to grow with an appetite for international expansion. I am looking forward to building Invast Global’s market share with a group of incredibly smart and talented executives.”

CEO Gavin White adds “We are very excited to have found someone of Melissa’s calibre to fill the role of Global Head of Marketing. Her strong strategic mindset and breadth of experience across both marketing and financial services will enable Invast Global to take the next step in providing the best possible service and communication to our clients”. Melissa’s credentials include a Master of Marketing from the Business School at Sydney University, a graduate certificate of Digital Marketing from Columbia University, and a BA at Macquarie University. This combined with her previous experience will allow Melissa to play a key role in Invast Global’s growth into the future.
freeamfva Apr 7 '22 · Tags: wikifx
USD longs made a comeback Thursday, with the DXY staging a stronger-than-expected recovery above 96.50. This firmly weighed on the euro, the largest component of the index making up almost 58%.To get more news about 1prime options, you can visit wikifx.com official website.

With USD/CHF holding north of its 0.94 handle, EUR/USD, based on the H4 timeframe, found thin air above 1.14, on track to greet the 1.13 handle, as we write. The latter, as you can see, shares space with Quasimodo support at 1.1268 and trend line support, extended from the low 1.0727.

On the data front, US unemployment claims fell to 1.5 million last week and US PPI data for May came in better than expected.
In the week ending June 6, the advance figure for seasonally adjusted initial claims was 1,542,000, a decrease of 355,000 from the previous week’s revised level. The previous week’s level was revised up by 20,000 from 1,877,000 to 1,897,000. The 4-week moving average was 2,002,000, a decrease of 286,250 from the previous week’s revised average. The previous week’s average was revised up by 4,250 from 2,284,000 to 2,288,250.

The Producer Price Index for final demand rose 0.4 percent in May, seasonally adjusted, the US Bureau of Labour Statistics reported today. This increase followed declines of 1.3 percent in April and 0.2 percent in March. On an unadjusted basis, the final demand index decreased 0.8 percent for the 12 months ended in May.

The technical landscape on the higher timeframes had weekly price recently go toe-to-toe with long-standing trend line resistance, stretched from the high 1.2555. Sellers are beginning to make an appearance here and could unwind to 1.1222, the 2020 yearly opening level. Further upside, though, may have the unit cross swords with the 2019 yearly opening level at 1.1445.

In conjunction with the weekly timeframe, daily flow recently touched gloves with resistance at 1.1349, a level converging closely with channel resistance, taken from the high 1.1147. Remaining on the backfoot here throws support at 1.1239 into the light, with a break potentially exposing the 200-day SMA (orange – 1.1020).

1.13, as well as H4 Quasimodo support at 1.1268, is likely to make an entrance thanks to noted higher-timeframe resistance. Technically speaking, though, the pair is unlikely to seek bids until reaching daily support at 1.1239, sited ahead of weekly support at 1.1222 (2020 yearly opening level)/H4 support at 1.1221. Therefore, bearish strategies could be an option upon closing under 1.13 on a H4 basis.Increased dollar demand weighed on the British pound Thursday, with GBP/USD unwinding through 1.27 to 1.26 on the H4 timeframe. 1.26, as you can see, joins with additional support in the shape of May’s opening level at 1.2583, support at 1.2575 and channel resistance-turned support, extended from the high 1.2296.

Meanwhile, on the weekly timeframe, healthy selling emerged from the 61.8% Fibonacci retracement ratio at 1.2718 and the 2019 yearly opening level at 1.2739 in recent movement, on track to close in the form of a shooting star candle pattern. Additional downside has Quasimodo support at 1.2163 to target, while a strong bid could eventually take the currency pair to trend line resistance, extended from the high 1.5930.

Daily price, after Wednesday’s rejection off resistance at 1.2769, dipped through the 200-day SMA (orange – 1.2677) yesterday and underlined the possibility of further declines to support drawn from 1.2485.While 1.26 on the H4 currently holds, higher-timeframe direction indicates possible weakness off the round number. However, given local H4 structure exhibits additional support nearby (highlighted above), along with the current trend displaying an upward bias, buyers are likely to still attempt a recovery.

Once/if we cross beneath H4 support at 1.2575, open space to 1.25 is visible for shorting opportunities, backed, of course, by current higher-timeframe resistances.
freeamfva Apr 7 '22 · Tags: wikifx
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