Reverse auction is a type of auctions where bidder bid for the price for the services that they are willing to provide. In reverse auction the buyers put up an offer for required goods or services and the sellers bid the amount they want to receive for providing said goods. In the end a seller with the lowest price wins.
The Ichimoku cloud is a gathering of technical indicators that shows support level and resistance level, as well as momentum and direction of the trend. The Cloud is taking multiple averages and projects them on the chart.
As today is going to be marked by several important reports for both euro and dollar is it no wonder that in anticipation of these reports traders are trying to lift the currencies. Both of the assets are going to experience going through the reports which are going to tell us more about the real states of the economies of the countries-bearers of the currencies. But the effect of the reports themselves is going to be known a bit later so right now we can look at the dynamic of EUR/USD couple to truly understand the state of things.
Although this chart, showing the movement of euro today shows a pretty good picture in reality expectation of the report can be far uglier. Despite the uptrend we might experience rapid losses today.
Today you want to be REALLY sure what direction the couple is going to go in. And we are looking at a very uncertain day. So it is better not to trade without our trading signals. Try them right now!
Demand pull inflation is an economic strategy that is used to describe what is going to happen to the economy of the country when the imbalance in supply-demand is too aggressive. To put is simple it is the effect occurring when there is too money and not enough goods.
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