Solidfx

16/09/2024

Why does interest rate affect foreign direct investment? Best answers will get access to our telegram channel.

31/05/2024

The US Dollar Index (DXY) is experiencing slight fluctuations. Currently, the index stands at around 104.69, showing minimal movement from its previous value .

Several factors are influencing the Dollar Index today. The upcoming US inflation data, particularly the Personal Consumption Expenditures (PCE) index, is a significant focus for investors. Market participants are anticipating this data to gauge the Federal Reserve’s future monetary policy decisions . Additionally, weaker-than-expected Treasury sales have impacted investor sentiment, leading to some volatility in the DXY .

Technical analysis indicates that the Dollar Index is in a consolidative phase, with resistance seen around the 105 level and support near 104.50. Market analysts suggest that breaking through these levels could lead to further directional moves .

Overall, while the Dollar Index remains relatively stable today, upcoming economic data releases and their implications for Fed policy could drive more significant movements in the near term.

17/01/2024

4hrs NZDUSD

05/01/2024

Understanding the strength of key levels. The below charts is the EURUSD.

26/09/2023

A quick look on how to trade breakouts

26/09/2023

A quick take on GBP/CHF

28/08/2023

Don’t miss out on our weekly analysis. Click on the link below to watch on our YouTube channel

15/06/2023

Shout out to our newest followers! Excited to have you onboard! We will be doing live market forecast when we hit 200 followers.

Christopher Etim, Yanke Dogon Yaro, Isabel Godwin, Sabiu Ciyaman, Ella Walker, Sorie Kamara, Wilfred Walker, Henry Idolor

07/06/2023

The USD/CAD is back again at range bottom we are watching this pair closely for a potential bullish setup of over 200 pips in profit.

30/05/2023

29/05/2023

This is a textbook illustration of how you trade a price break

25/05/2023