How to Use Both Fundamental and Technical Analysis in Foreign Exchange Trading? Which kind of analysis is preferable for a trader is a topic of intense discussion. Which kind of trader ...

GBP/USD price analysis: Bulls anticipate 200 DMA/ascending channel confluence move

by admin · November 28, 2022 ·

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The intraday decline in the GBP/USD is reversed as intense selling of the USD begins to take place. Spot prices continue to trade below a crucial 200-day SMA and lack ...

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4 Global Market Updates- 28 November, 2022

by admin · November 28, 2022 ·

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In this article, we have covered the highlights of global market news about the USD/CAD, EUR/USD, NZD/USD and USD/JPY. USD/CAD declines from its one-week high but remains solidly bid around the 1.3430–35 range. On the opening day ...

Copper: What is it? A Trader’s Guide to Copper Markets

by admin · November 26, 2022 ·

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One of the world's most valuable and frequently used metals, copper is a highly traded item on the primary commodities market. Learn about copper, its history, what influences copper prices, ...

USD/CAD gains are restrained by increasing Oil prices in the mid-1.3300s.

by admin · November 25, 2022 ·

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Although it doesn't follow through, USD/CAD rebounds off the weekly low it reached earlier on Friday. The demand for the USD is rekindled, and the major gains some support from ...

4 Global Market Updates- 25 November, 2022

by admin · November 25, 2022 ·

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In this article, we have covered the highlights of global market news about the AUD/USD, NZD/USD, GBP/USD and USD/JPY. AUD/USD eases off a one-week high, and any decline is restricted given a lower US dollar. After retesting ...

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The Psychology of Forex Market Speculation

by admin · November 24, 2022 ·

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Trading involves forex speculation, which is the name of the game. Even if there is no assurance of success, every trader eventually needs to click "buy" or "sell" and commit ...

NZD/USD bulls eye 0.6300 as Fed expects no more rate rises

by admin · November 24, 2022 ·

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NZD/USD has cleared the significant threshold of 0.6250 during a risk-on solid trend. Federal Reserve officials favor the interest rate rise slowing regime to lower financial risks. The New Zealand ...

4 Global Market Updates- 24 November, 2022

by admin · November 24, 2022 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, USD/JPY, USD/TRY and USD/CHF. EUR/USD may fluctuate slightly at 1.03, according to Commerzbank Due to weak holiday activity, the US dollar is ...

What Are Durable Goods Orders and How Do They Affect Financial Markets?

by admin · November 23, 2022 ·

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Market players and traders often undervalue durable goods orders. Still, this article seeks to highlight the significance of this economic data print by going through its definitions, fundamental economic principles, ...