Hello world, how are you today? The air is a bit cloudy around me, and the sunlight is covered by thin black clouds blocking its rays.
Back to my trading journal today, write down some words all about the ins and outs of forex trading activity with all the risks and gains involved.
Today is a Bank Holiday in the US to commemorate Independence Day. It may reduce the volume of USD transactions, but the market is sometimes unique, and often unexpected movements occur.
Today’s gold price is around 3330, steady on the hourly timeframe. The gold buy order hit stop loss because the price suddenly fell after US economic data supported the strengthening of the USD. There is no high-impact news to be released today.
Meanwhile, in the crypto market, Bitcoin remains on track near the upper band in the range of $ 109k, slightly up from before. If it manages to break the upper band, Bitcoin is predicted to rise higher. The current fear and greed index level is pointing at 55, although at a neutral level, investor confidence is starting to grow from the previous 49.
In the oil market, WTI is now trading at 66.23, slightly down from the high of 66.80 recorded on July 2.
The floating position on the USDCHF pair is still left open without hitting the stop loss or profit target.