Bruce Powers

FX Empire is a leading global financial news portal that delivers up-to-date market news and analysis, streaming quotes and charts, technical data and financial tools tailored for the financial markets. The website was founded in 2011 by a team of industry experts who wanted to create their idea of the perfect Forex and CFD trading portal. Over the years, it has expanded to incorporate commodities, stocks, indices and more recently personal finance and crypto assets.

Biography:  https://www.fxempire.com/about-us

78%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

75%

Examples:

  • Next potential support area is a range of Fibonacci levels from 2,261 to 2,255 but that may be an interim level as the 50-Day MA has not been tested as support since the February 29 symmetrical triangle breakout.
  • Several Lower Targets The next potential support area below this week's low is a range of Fibonacci levels from 2,261 to 2,255.

Deceptions

30%

Examples:

  • But that may be an interim level as the 50-Day MA has not been tested as support since the February 29 symmetrical triangle breakout.
  • Several Lower Targets The next potential support area below this week's low is a range of Fibonacci levels from 2,261 to 2,255.
  • That pattern indicates a potential target of 2,238.

Recent Articles

Gold Prices: Central Banks Boost Demand Amid Volatility and Economic Uncertainty

Gold Prices: Central Banks Boost Demand Amid Volatility and Economic Uncertainty

Broke On: Friday, 03 May 2024 Central banks' gold purchases and the Federal Reserve's interest rate hold boosted gold prices above $2,300, but profit-taking and easing tensions led to a correction. Key drivers of demand include central banks and Asian household spending. Goldman Sachas expects prices to reach $2,700 by year-end despite volatility from economic data and geopolitical events.